Polyethylene Furanoate (PEF) Market Worth About 16,640 tons By 2022
What is a Polyethylene Furanoate? Polyethylene Furanoate or PEF is a 100% recyclable, bio-based polymer produced using renewable raw materials (sugars) derived from plants. PolyethyleneFuranoate (PEF) Market is expected to deal with 16,640 tons by 2022. It is better known by different names such as polyethylene furanoate, poly (ethylene furanoate), and poly (ethylene 2,5-furandicarboxylate). It can be defined as a polymer that is manufactured with the help of polycondensation involving ethylene glycol and 2,5-furandicarboxylic acid (FDCA). Polyethylene Furanoate market is expected to grow at a CAGR of 6.0% in the upcoming period as the scope, product types and its applications are increasing across the globe. Polyethylene furanoate (PEF) is generally obtained from plants. It 100% recyclable and included in the category of bio – based polymer. The most striking aspect associated with it is that it has the potential to substitute conventional resources by durable material PE...