Bioplastics & biopolymers market 8
Bioplastics & biopolymers market 8

Bioplastics & Biopolymers Market Primary Research, Analysis Report With Corbion NV, BASF, Braskem S.A, Natureworks LLC, Metabolix Inc., Indorama Ventures

To prepare this Bioplastics & Biopolymers market research report, an array of objectives of market research has been considered. This market report gives a methodical estimation of the key challenges in terms of sales, export/import, or revenue that any business may have to deal with in the coming years. It also helps to discover the probable market for a new product to be launched and the most apt method for the distribution of certain product. The Bioplastics & Biopolymers report also highlights general market conditions, estimates market share and possible sales volume of Bioplastics industry.
The market analysis carried out in this Bioplastics & Biopolymers report provides an estimation of the expected rise, growth or fall of the product in the definite forecast period with respect to Biopolymers industry. Market shares of the major industry players in the key areas of the globe such as Europe, North America, Asia Pacific, South America, Middle East and Africa are also conducted. A team containing domain experts analyses and estimates this market data using well established market statistical and coherent models. While preparing this Bioplastics & Biopolymers report, research and analysis has been performed with one step or the combination of several steps depending upon the business and client requirements.

Global bioplastics & biopolymers market is expected to reach USD 7.2 billion by 2025, from USD 3.1 billion in 2017 growing at a CAGR of 12.0% during the forecast period of 2018 to 2025. The global bioplastics & biopolymers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

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Bioplastics & biopolymers are the types of plastic and polymers which are obtained from renewable biomass sources such as vegetable oils and fats. The above factor proves that the awareness regarding bioproducts around the globe is growing and will drive the demand for bioplastics & biopolymers. The key players operating in the global bioplastics & biopolymers market are –

BASF SE

Braskem S.A

Corbion NV

Natureworks LLC

Metabolix Inc.

Indorama Ventures Public Company Limited

Biome Technologies PLC

Bio-On S.P.A.

Novamont S.P.A

Toray Industries

Down2Earth Materials

PreScouter

Green Packaging

BioBag Americas, Inc

Cedar Grove Composting, Inc

Chamness Biodegradables

Eco-gecko Products Inc

Eco-Products, Inc

ECOWORLD

Ultra Green Sustainable Packaging, among others.

The report includes bioplastics & biopolymers market shares, major drivers and restrains, key trends and demand, key challenges and opportunities, growth of the market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Bioplastics & biopolymers are used in packaging industries on a large scale. To expand the application of bioplastic, manufacturers are investing in research and development.

The strict regulation set by the government and rising consumer awareness regarding the environment may promote the global bioplastics & biopolymers market in a positive way.

The bioplastics & biopolymers market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

According to British Plastic Federation , plastic arising in the U.K. is 3.7 million tonnes out of which 32.0% is recycled and 70.0% is recovered. It also stated that U.K. has a plastic packaging recycling target of 57.0% by 2020.

As per the National Institute of Chemistry, in 2010, 265 million tons of plastic produced in the world out of which 57 million is in Europe, in the same year 724,500 tons of bioplastics were produced in the world which is a very small portion in comparison with conventional plastics produced and bioplastics & biopolymers is predicted to reach 1 million tons in few years’ time.

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Market Drivers:

Strict government regulations for conventional plastics and promotion to use bioplastic

Growing investment in R&D by the manufacturer to expand the application of bioplastic.

High demand from packaging industry.

Market Restraint:

Price of bioplastics is high in comparison to conventional plastics.

Conventional plastics are better in performance than Bioplastic.

Segmentation

By Type

Bio-PE

Bio-PET

PLA

Starch Blends

Biodegradable Polyesters

Regenerated Cellulose

PHA

Other

By End User

Packaging

Bottles

Agriculture

Others

By Geography

North America

S.

Canada,

Mexico

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Turkey

Belgium

Netherlands

Switzerland

Rest of Europe

Asia-Pacific

Japan

China

South Korea

India

Australia

Singapore

Thailand

Malaysia

Indonesia

Philippines

Rest of Asia Pacific

South America

Brazil

Rest of South America

Middle East & Africa

South Africa

Saudi Arabia

UAE

Rest of MEA

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About Data Bridge Market Research 12230 Articles
Hi, I am Ravi Kumar, a Blogger, Freelancer, SEO Consultant, an Internet Marketer, I am a research analyst who loves to evaluate data relating to Manufacturing industry, Management of companies and enterprises, Finance and insurance, Wholesale trade, Management, scientific, and technical consulting services

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