Bio Based PET Market to Exceed USD 14.8 Billion by 2032 at 9.7% CAGR
The global Bio Based PET market was valued at USD 6.2 billion in 2023 and is projected to reach USD 14.8 billion by 2032, expanding at a CAGR of 9.7% during 2024–2032. The market recorded a year-over-year (YoY) growth of 10.4% in 2022–2023, compared to 8.9% in 2021–2022, driven by rising demand for sustainable packaging solutions and stringent environmental...
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