Global Bioplastics and Biopolymers Industry

published: 2020-04-16 12:00 | editor: | category: News

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.

Read the full report: https://www.reportlinker.com/p05798054/?utm_source=PRN



- 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  US$1.2 Billion to the region’s size and clout in the next 5 to 6 years.  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 world’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

Read the full report: https://www.reportlinker.com/p05798054/?utm_source=PRN

 

View the source version on PR Newswire: 
https://www.prnewswire.com/news-releases/global-bioplastics-and-biopolymers-industry-301035740.html

 

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