The bio-based PET container market is expected to grow steadily, rising from USD 856 million in 2026 to about USD 1,573.72 million by 2035, at a CAGR of 7.0% during the forecast period. This growth is largely driven by the increasing preference for sustainable and eco-friendly packaging solutions, which is encouraging manufacturers to invest in innovation and adopt bio-based materials across the packaging industry.
Recent Developments
Top Companies in the Bio-based PET Container Market Trends
- Indorama Ventures Public Company Limited: It is a global leader in PET production Indorama Ventures has launched commercialized bio-PET bottles.
- Alpek S.A.B. de C.V.: It is heavily focused on sustainability, producing recycled PET (rPET) and developing biodegradable packaging.
- Far Eastern New Century Corporation: It is a global leader in bio-based polyester, FENC has developed 100% bio-based PET bottles.
- Braskem S.A.: It is a major global player in the bio-based plastic industry.
- Others: Toray Industries, Inc., Lotte Chemical Corporation, Toyota Tsusho Corporation, JBF Industries Ltd., Origin Materials, Avantium N.V., Plastipak Holdings, Inc., Gevo, Inc., Mitsubishi Chemical Group Corporation, Teijin Limited, SABIC and many others.
