The global bioplastics & biopolymers market size is projected to grow from USD 10.7 billion in 2021 to USD 29.7 billion by 2026, at a CAGR of 22.7% between 2021 and 2026. The major factors driving the market are the focus of the government on green procurement policies and regulations across the globe and the increasing aftermarket for bioplastics & biopolymers.
The major players in the bioplastics & biopolymers market include NatureWorks (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). These players have adopted various growth strategies to expand their presence in the market further. New product launches, joint ventures, and investments & expansion have been the leading strategies adopted by the major players in the last five years to strengthen their competitiveness and broaden their customer base in the global bioplastics & biopolymers market.
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NatureWorks is the largest player operating in the bioplastics & biopolymers market. The company has manufacturing facilities in North America and produces bioplastics & biopolymers for 3D printing, beauty and household, building & construction, food & beverage packaging, medical & hygiene, and other applications for worldwide customers. The company has adopted new product launch and expansion strategies to broaden its product portfolio and maintain its position in the market.
- In May 2019, the company developed a new Ingeo 3D450 for formulation for use in dual extrusion 3D printers. The new formulation is produced to support materials that include complex industrial parts such as jigs and fixtures, patterns for investment metal casting, and architectural and retail models.
Braskem is one of the largest producers of bioplastics & biopolymers in the world. The company has 41 manufacturing facilities worldwide. In recent years, Braskem has adopted several business strategies to strengthen its position in the market. It has adopted various growth strategies, including joint ventures and new product launches, to maintain its leading position in the bioplastics & biopolymers market.
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- In August 2019, Braskem and Ledesma (Argentina), manufacturers of natural agroindustrial products, have collaborated to deliver Ledesma + Bio, which is a line of 100% sustainable notebooks made entirely of sugarcane. Such initiatives are expected to cater to the needs of the bioplastics & biopolymers market.
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Biopolymers/Bioplastics market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Biopolymers/Bioplastics market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Biopolymers/Bioplastics market is segmented into:Bio-polyethylene terephthalate (bio-PET)Polyhydroxyalkanoates (PHA)Bio-polyethylene (bio-PE)Starch BlendsPolylactic acid (PLA)Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/59375/global-china-biopolymersbioplastics-2026-155Segment by Application, the Biopolymers/Bioplastics market is segmented into:Packing IndustryAutomotive IndustryBottles manufacturingOthersRegional and Country-level Analysis:The Biopolymers/Bioplastics market is analysed and market size information is provided by regions (countries).The key regions covered in the Biopolymers/Bioplastics market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Biopolymers/Bioplastics Market Share Analysis:Biopolymers/Bioplastics market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
The Bioplastics & Biopolymers Market report has been created carefully to give the latest insights to significant aspects of the Market.
It offers a review of the market including its definition, key drivers, key market players and key fragments.
The report covers market information including chronicled and future trends for supply, advertise size, costs, trading, competition and worth chain just as Southeast Asia significant vendor’s data.
Ask for a Sample Market Research Report of Global Bioplastics & Biopolymers Market @ https://www.qyreports.com/request-sample/?report-id=121239 The report covers data on geographic area showcases together with recorded and future trends for giving, market size, costs, trading, competition and worth chain just as Bioplastics & Biopolymers major vendor’s data.
At long last, a customization report in order to fulfill the client's needs is additionally offered.The Major Key Players covered in the Bioplastics & Biopolymers Market areBASFBraskemMetabolixMeredianPlanticCorbionNovamontNatureworksBiome TechnologiesIndorama Ventures Public Company LimitedProduct Type Coverage (Market Size & Forecast, Major Company of Product Type etc.
)Asia-Pacific (China, India, Japan, Southeast Asia etc.
