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Polyethylene Furanoate (PEF) is a type of plastic derived from renewable resources, such as sugarcane and corn. It is a biobased, biodegradable, and recyclable material that is increasingly being used in the packaging industry. PEF is a thermoplastic polymer that is lightweight, strong, and has excellent barrier properties, making it an ideal material for food and beverage packaging. It is also resistant to oxygen, water vapor, and UV light, making it suitable for long-term storage. PEF is also used in the automotive, electronics, and medical industries.
PEF is a relatively new material, and its market is still in its early stages. However, it is expected to grow rapidly in the coming years due to its sustainability and performance advantages.
Some companies in the PEF market include BASF, Covestro, Eastman Chemical Company, Mitsubishi Chemical Corporation, and Toray Industries. Show Less Read more