Global Bio-PET Film Market Size, Share & Trends Analysis Report 2024-2030: A USD 156.6 Million Market by 2030, with a CAGR of 12.6% Forecast from 2024 to 2030 [Yahoo! Finance]
TORAY INDUS INC UNSP/ADR (TRYIY)
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Source: Yahoo! Finance
by Type (Laminating Film, Universal Film, Electrical Insulating Film, Capacitor Film), Application, Region, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering. The global bio-PET film market is anticipated to reach USD 156.6 million by 2030 and is anticipated to expand at a CAGR of 12.6% from 2024 to 2030. Growing environmental concerns about plastic waste and its effects on water and soil pollution are expected to be important drivers for market growth. Furthermore, numerous countries have implemented restrictions on traditional and single-use plastics, which are projected to boost demand for bio-polyethylene terephthalate (PET) films in the upcoming years. Furthermore, the global push toward reducing the dependence on fossil fuels is driving the adoption of the bio-PET film market. Traditional PET films are derived from petroleum-based feedstock, contributing to carbon emissions and finite resource depletion. In contrast, bio-PET films
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