Global Bioplastics and Biopolymers Market, By Type (Bio-PE, Bio-PET, PLA, Starch Blends, Biodegradable Polyesters, Regenerated Cellulose, PHA), End-User (Packaging, Bottles, Agriculture, Others) Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Bioplastics and Biopolymers Market
Data Bridge Market Research analyses that the bioplastics - biopolymers market will witness a CAGR of 13.15% for the forecast period of 2022-2029.
Bioplastics are thermoplastics removed from a bio-based source, such as sugar, seaweed or starch. Biopolymers are the wide class of resources that include bioplastics, but that also has natural polymers such as silk, chitosan and wool.
The high adoption of biopolymers in automobiles and construction industries is the major factor accelerating the growth of the bioplastics - biopolymers market. Furthermore, rising consumer preference towards eco-friendly plastic products, rise in waste management regulations in Europe and focus of governments on green procurement policies and regulations are also expected to drive the growth of the bioplastics - biopolymers market. However, high prices of bioplastics than conventional and issues related to the performance restrains the bioplastics - biopolymers market, whereas, Fluctuation in oil prices and restricted regulations related to bioplastics in developing countries will challenge market growth.
In addition, development of several applications along with huge potential in emerging countries such as Asia-Pacific will create ample opportunities for the bioplastics - biopolymers market.
This market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on bioplastics - biopolymers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bioplastics and Biopolymers Market Scope and Market Size
The bioplastics - biopolymers market is segmented on the basis of type and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the bioplastics - biopolymers market is segmented into biodegradable, non-biodegradable. Biodegradable is further segmented into PLA, Starch Blends, PHA, PBS, Others, PCL, PBAT, Non-Biodegradable/Biobased is further segmented into BIO-PET, BIO-PABIO-PE, BIO-PTT, Others, BIO-PP, BIO-PEF
- On the basis of end-user, the bioplastics - biopolymers market is segmented into packaging, consumer goods, automotive and transportation, textile and agriculture and horticulture. Packaging is further segmented into rigid packaging, flexible packaging. Consumer Goods is further segmented into electrical appliances, domestic, appliances, others. Automotive & Transportation is further segmented into interior, exterior, under hood. Textiles is further segmented into, medical & healthcare textile, personal care, clothes and other textiles. Agriculture & Horticulture is further segmented into tapes & mulch films, others
Bioplastics and Biopolymers Market Country Level Analysis
The bioplastics - biopolymers market is analysed and market size, volume information is provided by country, type and end-user as referenced above.
The countries covered in the bioplastics - biopolymers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the bioplastics - biopolymers market and will continue to flourish its dominance during the forecast period owing to extensive use of bioplastics in various end user industries. However, Asia-Pacific will continue to project the highest CAGR for this period because governments of this region have laid down strict regulations with respect to the use of finite resources.
The country section of the bioplastics - biopolymers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bioplastics and Biopolymers Market Share Analysis
The bioplastics - biopolymers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bioplastics - biopolymers market.
Some of the major players operating in the bioplastics - biopolymers market report 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 other.