BIO-BASED POLYETHYLENE TETRAPHLATE (PET) Market Share, Growth, Size, Opportunities, Trends, Regional Overview and Leading Company Analysis
Over the recent years, the industries across the globe have largely inclined toward the sustainable packaging solutions. Moreover, the rising initiatives to reduce greenhouse emissions have further provided immense popularity to the bio-based polyethylene terephthalate (PET). For instance, according to the Australian Government's Department of Environment and Energy, Australia committed to reducing emissions under the 2015 Paris Agreement by promoting technical innovation and increasing the renewable energy sector. As a result, with the growing attempts towards reduced greenhouse emissions and sustainable packaging solutions, the bio-based polyethylene terephthalate (PET) is projected to witness an accelerated market growth rate over forecasted period.
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