Bioplastics & Biopolymers Market by Type (Non-Biodegradable/Bio-Based, Biodegradable), End-Use Industry (Packaging, Consumer Goods, Automotive & Transportation, Textiles, Agriculture & Horticulture), Region – Global Forecast to 2025

2020-04-06
Price :
Published : Apr-2020
No. of Pages : 152

The shift in consumer preference towards eco-friendly plastics products is driving the overall bioplastics & biopolymers market.

The global bioplastics & biopolymers market size is expected to grow from USD 10.5 billion in 2020 and USD 27.9 billion by 2025, at a CAGR of 21.7% during the forecast period. Consumer awareness toward sustainable plastic solutions and pervasive efforts to eliminate the use of non-biodegradable conventional plastics is contributing to the market growth of bioplastics.Therefore, increasing consumer awareness, along with governmental legislation, is driving the use of bio-based productsis driving the market for biodegradable plastics and bio-based plastics.

An increase in waste management regulations in Europe leads to a growing demand for bioplastics & biopolymers.

The European bioplastics market is expected to grow at a very high rate during the forecast period. R&D, innovations, and funding have enhanced the technical and functional properties of bioplastics. Efforts are being taken to decrease the costs of bioplastics by implementing economies of scale. Legislative regulations, such as the ban on traditional shopping carrier bags in Italy, can also drive the demand for bioplastics.

Bio-PET segment to dominate non-biodegradable/bio-based bioplastics & biopolymers

Bio-PET is the most widely used types owing to its high durability that matches its fossil-fuel-based counterpart. It has good physical, optical, and lightweight properties along with an environmentally friendly nature, makes it a key material for applications such as food & beverage packaging, cosmetics & pharmaceutical, automotive, and textiles. In addition, strategies of companies such as PepsiCo and Coca- Cola towards sustainable packaging for carbonated soft drinks is also likely to drive the bio-PET segment.

APAC is expected to register the fastest growth during the forecast period.

APAC is expected to register the highest growth during the forecast period. Increasing population, growing industrialization, strict government norms, and environmental regulations are the key factors attributed to the overall growth of the market in the region.The increasing developments in the packaging end-use industries in emerging countries of the region are providing substantial growth opportunities for the bioplastics & biopolymers market.

In-depth interviews were conducted with chief executive officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the bioplastics & biopolymers market.

  • By Company Type – Tier 1: 30%, Tier 2:35%, and Tier 3: 35%
  • By Designation – D Level: 40%, C Level: 40%, Others: 20%
  • By Region – Europe: 20%,APAC: 50%,North America: 10%,South America: 10%,Middle East & Africa: 10%

The bioplastics & biopolymers market comprises major players such as Nature Works (Italy), Braskem (Brazil), BASF (Germany), Total Corbion (Netherlands), Novamont (Italy), Biome Bioplastics (UK), Mitsubishi Chemical Holding Corporation (Japan), Biotec (Germany), Toray Industries (Japan), and Plantic Technologies (Australia), Arkema (France), Cardia Bioplastics (Australia), Futerro (Belgium), FKUR Kunstsoff (Germany), Green Dot Bioplastics (US), PTT MCC Biochem (Thailand), Succinity (Germany), Synbra Technology (Netherland), Tianan Biologic Materials (China), Zhejiang Hisun Biomaterials (China). The study includes an in-depth competitive analysis of these key players in the bioplastics & biopolymers market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The market study covers the bioplastics & biopolymers market and its segments. It aims at estimating the market size and the growth potential of this market across different segments such as type, end-use industry, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies

Key Benefits of Buying the Report:

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall bioplastics & biopolymers market and the sub-segments. The stakeholders will be able to understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. It will also help stakeholders comprehend the pulse of the market and provide them with information on key market drivers, restraints, and opportunities.

Filed in: Advanced Material
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Core Materials Market by Type (Foam, Honeycomb, and Balsa), End-use Industry (Wind Energy, Aerospace & Defense, Marine, Automotive & Transportation, Construction, and Industrial), and Region – Global Forecast to 2025

“The core materials market is projected to register a CAGR of 13.5% during the forecast period.” The global core materials market size is projected to grow from USD 1.2 billion in 2020 to USD 2.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.5% between 2020 and 2025.Core materials are the key components in sandwich structure composites that provide thickness and high stiffness with low density. The composite skins surrounding the core material provide strength to the overall structure. Core materials are gaining wide acceptance in various end-use industries owing to their high strength and low weight, which is driving the demand for core materials in various end-use industries.However, amidst the global COVID-19 pandemic, the demand for core materials from the afore......
$4950

Long Steel Market by Process (Basic Oxygen Furnace, Electric Arc Furnace), Product Type (Rebar, Merchant Bar, Wire Rod, Rail) End-Use Industry (Construction, Infrastructure, Others), and Region (NA, EUROPE, APAC, MEA, SA) – Global Forecast to 2025

“In terms of value, the long steel market is projected to grow at a CAGR of 3.9% between 2020 and 2025.” In terms of value, the long steel market size is estimated to be USD 527.0 billion in 2020 and projected to reach USD 636.7 billion by 2025, at a CAGR of 3.9% from 2020 to 2025. Increasing construction and infrastructure activities, industrialization, and rising population levels are the major factors responsible for the growth of the long steel market. However, the recent outbreak of Covid-19 is expected to have a severe impact on the long steel market. “The basic oxygen furnace segment is the projected to lead the long steel market during the forecast period.” Based on process, the long steel market has been classified into basic oxygen furnace and electric arc furnac......
$5650

COVID-19 Impact on Medical Tubing Market by Material (PVC, TPE & TPU, Polyolefin, and Silicone), Application (Drug Delivery, Bulk Disposable Tubing, Catheters & Cannulas, and Special Applications) and Country – Forecast to 2021

 “Increasing demand from drug delivery and catheters and cannulas to drive the overall growth of the medical tubing market” The US medical tubing market size is expected to grow from USD 2.6 billion in 2020 to USD 2.9 billion by 2021, at a CAGR of 13.2% during the forecast period. The medical tubing  industry is driven by various factors, such as increasing consumption of medical tubing in various applications such as bulk disposable tubing, catheters & cannulas, drug delivery, and special application. Furthermore, the shift in consumer preference toward high-quality standard products in this pandemic situation is propelling the growth of the medical tubing market across the globe. However, factors such as restricting counterfeit products and fighting time from supply chain &a......
$5650

COVID-19 Impact On Medical Plastics Market by Type (Engineering Plastics and Standard Plastics), Application (Medical Disposables, Prosthetics, Medical Instruments & Tools and Drug Delivery) and Region – Global Forecast to 2021

The global medical plastics market is projected to register a CAGR of 17.2%, in terms of value, between 2020 and 2021. This is approximately 10% higher than earlier pre-COVID growth projections, The global medical plastics market size during this COVID-19 pandemic is projected to grow from USD 25.1 billion in 2020 to USD 29.4 billion by 2021, at a CAGR of 17.2%. The major drivers for the medical plastics industry include the growing demand from OEMs and medical device/equipment manufacturers for the production of critical care systems such as ventilators, thermal scanners, and respirators. The medical disposables segment is estimated to be the largest application of medical plastics during the forecast period. The medical disposables segment accounts for the largest share in the m......
$4950

Long Fiber Thermoplastics Market by Resin (PP, PA, PEEK, PPA), Fiber (Glass, Carbon), Manufacturing Process (Injection Molding, Pultrusion, D-LFT), End-use Industry (Automotive, Electrical & Electronics), Region – Global Forecast to 2025

“The long fiber thermoplastics market is projected to register a CAGR of 10.5% during the forecast period.” The global long fiber thermoplastics market size is projected to grow from USD 2.8 billion in 2020 to USD 4.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.5% between 2020 and 2025.  In comparison to conventional materials such as aluminum steel, long fiber thermoplastics offer strength, tenacity, density, and thermal and electrical conductivity, fatigue, and corrosion resistance properties. Long fiber thermoplastics are preferred in high-performance applications in several end-use industries, driving the demand for long fiber thermoplastics in various end-use industries. “PA is the fastest-growing resin type of long fiber thermoplastics market in terms ......
$4950

Refrigeration Insulation Materials Market by Material Type (Elastomeric Foam, PU & PIR), Application (Commercial, Industrial), End-Use Industry (Food & Beverage, Chemicals & Pharmaceuticals, Oil & Gas and Petrochemicals) Region – Global Forecast to 2025

Increasing demand for refrigeration equipment and systems is expected to drive the global market. The refrigeration insulation materials market size is projected to reach USD 4.8 billion by 2025, at a CAGR of 6.0% between 2020 and 2025. Refrigeration insulation materials are very crucial for efficient cooling operations. The sales of commercial and industrial refrigerators have increased significantly in the last couple of years, as per the International Institute of Refrigeration. The need for insulation in cryogenic operations has also grown. These factors are greatly influencing the market for refrigeration insulation. One of the biggest restraints to this market is the full-scale adoption of the Kigali Agreement, which mandates the phasing out of HFCs and HCFCsas blowing agents as e......
$5650

Pet Food Packaging Market by Material Type (Paper & Paperboard, Plastic, Metal), Packaging Form (Bags, Cans, Pouches, Boxes/Cartons), Food Type (Dry Food, Wet Food, Pet Treats), Animal Type (Dog, Cat, Fish, Bird), Region – Global Forecast to 2025

“Increase in the demand for simple,convenient,  innovative, packaging products is projected to drive the overall growth of the pet food packaging market across the globe from 2020 to 2025.” The global pet food packaging market size is projected  to grow from USD 10.2 billion in 2020 to USD 12.5  billion by 2025, at a CAGR of 4.2 % from 2020 to 2025.Rising affection for pets leading to greater adoption of pets, high income level of pet owners, changing lifestyles, demand for simplicity and  convenience in packaging,  and growing pet humanization trend are the key factors contributing towards the increasing growth of the pet food packaging industry over the next few years. “In terms of both value and volume, pouches are projected to grow at the highest CAGR during the foreca......
$4950

Abrasives Market by Raw material (Natural & Synthetic), Product type (Coated, Bonded, and Super), End-use Industry (Automotive, Machinery, Aerospace, Metal fabrication, Electrical & electronics equipment, Others), and Region – Global Forecast to 2025

The global abrasives market size is projected to grow from USD 46.4 billion in 2020 to USD 58.0 billion by 2025, at a CAGR of 4.5% from 2020 to 2025. The growth of this market is attributed to the growing automotive, metal fabrication, machinery, electronics, electrical, medical, and construction industries have contributed significantly towards the growth of the abrasives market. However, factors such as uncertainty in economic conditions and rising raw material costs inhibit the growth of the market. “In terms of value and volume, the bonded segment is projected to lead the abrasives market from 2020 to 2025.” Based on type, the bonded segment is projected to be a faster-growing market during the forecast period. The bonded sector is projected to be the fastest-growing type seg......
$7150

Thermoplastic Pipe Market by Application (Oil & Gas, Water & Wastewater, Mining & Dredging, and Utilities & renewables), Product Type (TCP and RTP), Polymer Type (PE, PP, PVDF, PVC, and Others), Region – Global Forecast to 2025

The global thermoplastic pipe market is projected to reach USD 3.6 billion by 2025, at a CAGR of 5.2% from 2020 to 2025     The global thermoplastic pipe market size is estimated to be USD 2.8 billion in 2020 and projected to reach USD 3.6 billion by 2025, at a CAGR of 5.2% from 2020 to 2025. The market growth for thermoplastic pipe can be attributed to the increasing usage of engineering thermoplastic material in manufacturing pipes and the application of thermoplastic composites in offshore production activities. Furthermore, the growing oil & gas and water & wastewater segment in countries such as the US & Canada, China, Germany, and Russi and the government initiative for wastewater treatment might increase the global thermoplastic pipe demand. The oil & gas......
$4950

Ethylene Carbonate Market by Application (Lubricants, Lithium Battery Electrolytes, Plasticizers, Surface Coatings), By End-Use Industry (Automotive, Oil & Gas, Industrial, Medical, Personal Care & Hygiene), and Region – Global Forecast to 2025

“Increasing demand from automotive, industrial, and oil & gas end-use industries to drive the overall growth of the ethylene carbonate market.” The global ethylene carbonate market size is expected to grow from USD 319 million in 2020 to USD 439 million by 2025, at a CAGR of 6.6%, during the forecast period. The ethylene carbonate industry is driven by various factors, such as increasing demand for ethylene carbonate from various end-use industries such as industrial, oil & gas, medical, automotive, and personal care & hygiene. The growth of these industries is expected to further propel the growth of the market during the forecast period. However, factors, such as the scarcity of raw materials and regulations on the use of ethylene carbonates are likely to hinder the gr......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy