Global Bioplastics and Biopolymers Industry

Bioplastics and Biopolymers market worldwide is projected to grow by US$10.9 billion, driven by a compounded growth of 15.6%. Non-Biodegradable, one of the segments analyzed and sized in this study, displays the potential to grow at over 16.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$10.2 Billion by the year 2025, Non-Biodegradable will bring in healthy gains adding significant momentum to global growth.

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- Representing the developed world, the United States will maintain a 15.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over Â US$1.2 Billion to the regionâ€™s size and clout in the next 5 to 6 years. Â Over US$419.2 Million worth of projected demand in the region will come from the Rest of Europe markets. In Japan, Non-Biodegradable will reach a market size of US$361.8 Million by the close of the analysis period. As the worldâ€™s second-largest economy and the new game changer in global markets, China exhibits the potential to grow at 21.1% over the next couple of years and add approximately US$2.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring the quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape the growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,

Arkema SA
BASF SE
BIOTEC GmbH & Co. KG
Braskem
Good Natured Products, Inc.
Kingfa Sci. & Tech. Co., Ltd.
Mitsubishi Chemical Corporation
NatureWorks LLC
Novamont SpA
Plantic Technologies Limited
Total Corbion PLA.

- Competitors identified in this market include, among others,

Arkema SA
BASF SE
BIOTEC GmbH & Co. KG
Braskem
Good Natured Products, Inc.
Kingfa Sci. & Tech. Co., Ltd.
Mitsubishi Chemical Corporation
NatureWorks LLC
Novamont SpA
Plantic Technologies Limited
Total Corbion PLA.

MARKET OVERVIEW

Biopolymers and Bioplastics: An Answer to the Growing Plastic Waste Menace
Petroleum-based Plastics Vs Bioplastics
Classification of Biopolymers and Bioplastics
Bio-based and Non-biodegradable Polymers Register Strong Growth
Packaging: The Dominant Application Market
Europe Continues to Hold Ground as the Largest Market for Biodegradable Polymers
North America: Another Major Market
Asia-Pacific to Spearhead Future Growth
A Glance at Major Applications of Bioplastics
Impact of Plastic Ban Augers Well for Bioplastics & Biopolymers Market
Competitive Landscape
Biodegradable Plastic Brands of Select Manufacturers
Recent Market Activity
Capacity Expansions to Boost Bioplastics Market
Global Production Landscape

MARKET TRENDS & DRIVERS

Increased Adoption of Bioplastics-based Materials by Prominent Players to Sustain Demand
Bioplastics from Agro-Wastes Gain Demand for Food Packaging Applications
Food Industry to Curb Plastic Waste, Make Use of Organic Waste for Biopolymer Production
Increased Focus on Sustainable Production
Industry Witnesses Increasing Number of Startups Joining the Race
Key Recent Environment-Friendly Bioplastic Innovations
Expanding Range of Applications for Biopolymers Drives Market Growth
Polylactic Acid (PLA): A Promising Biodegradable Polymer
Packaging Applications Lead PLA Consumption
EXHIBIT 5: Global Polylactic Acid (PLA) Market by End-Use Application (2019): Percentage Breakdown of Consumption Volume by Application
Bio-Polylactic Acid (PLA) Films Market: A High-Growth Market
Starch Blended Biodegradable Polymers: Expanding Applications Fuel Growth
EXHIBIT 6: Starch-based Bioplastics Market (2019): Percentage Breakdown of Revenues by Technology
Bio-based Polypropylene to Garner Demand
Industrial Usage of Bio-based, Biodegradable Plastics on the Rise
Automakers Move towards Bioplastics to Quell Environmental Concerns
EXHIBIT 7: Global Passenger Car Production (In Million Units) by Geographic Region/Country for the Years 2010, 2016, 2020, and 2024
Trends towards Green Food Packaging Augurs Well for Biodegradable Polymers Market
Nanotechnology to Improve Degradability of Packaging Material
Growing Use of Bioabsorbable Polymers in the Healthcare Space
Biodegradable Polymers in Nano Drugs: A Growing Market
Biodegradable Circuitry to Address Concerns over Growing E-Waste
Navigating the Fast-Changing Landscape of Bioplastics and Biomaterials
Historical Note on Bioplastics