What Are The Types And Applications Of Bio based PET
A bio-based PET is manufactured from ethylene glycol which is extracted from plant sources including sugar, molasses, and corn and is composed of 25%-30% of mono-ethylene glycol (MEG) and terephthalic acid. Bio-based PET is known for its characteristic features including non-toxicity, recyclability, minimal carbon footprint, and high resistance to shatter. It is widely used for the production of several packaging solutions, including in the food and beverages and automotive industries. Download PDF Sample Copy Here The Bio based PET market has witnessed a significant growth owing to factors growing demand for bio-based PET across diversified application bases. Moreover, increase in government initiatives across several countries to promote the use of bio-based and biodegradable materials provides a huge market opportunity for the key players operating in the Bio based PET market. However, high cost associated with bio based PET is projected to hamper the overall growth of the Bio ba...