Bioplastics & Biopolymers Market research report categorizes the global market by Type (Non-Biodegradable/Bio-Based, Biodegradable), End-Use Industry (Packaging, Consumer Goods, Automotive & Transportation, Textiles, Agriculture & Horticulture) & Geography
According to the new market research report “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 2026“, published by MarketsandMarkets 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. Bioplastics are plastics derived from renewable sources such as corn, potatoes, rice, soy, sugarcane, wheat, and vegetable oil, while biopolymers are naturally occurring polymers.
A bioplastic may or may not be biodegradable. Bioplastics are mainly segmented into biodegradable and non-biodegradable plastics for various applications in the packaging, consumer goods, automotive & transportation, agriculture & horticulture, medical, and other end-use industries.
Browse 142 market data Tables and 50 Figures spread through 244 Pages and in-depth TOC on “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 2026”
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The increase in demand for bioplastics & biopolymers and the growing industrial development in the emerging economies, such as APAC and South America, are driving the market. The key players in this market are NatureWorks (US), 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 strategies such as investment & expansion, merger & acquisition, partnership & agreement, and new product launch in order to strengthen their market position. For instance, in April 2021, NatureWorks announced a new strategic partnership with IMA Coffee, which is a market leader in coffee handling processing and packaging.
This partnership aims at increasing the market reach for high-performing compostable K-cup in North America.
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NatureWorks is jointly owned by PTT Global Chemical (Thailand) and Cargill (US). It manufactures biopolymers derived from renewable resources, such as corn, starch, and vegetable oils.
It is among the leading advanced material companies and offers a broad portfolio of renewably sourced polymers and chemicals for the packaging and chemical industries. The company offers Ingeo Biopolymer, which is used in 3D printing, beauty and household, building & construction, food & beverage packaging, medical & hygiene, and other applications.
It also offers PLA-based biopolymer performance material designed for use in fresh food packaging and food service ware applications. NatureWorks operates in North America, Europe, and APAC, with manufacturing facilities in the US.
Braskem was founded in 2002, with the consolidation of six companies, namely, Copene, OPP, Trikem, Proppet, Nitrocarbono, and Polialden. The company operates in the chemical and petrochemical industry and thus, plays an important role in other production chains that are essential to economic development.
The company produces polyethylene (PE), polypropylene (PP) and polyvinylchloride (PVC) resins, in addition to basic chemical inputs such as ethylene, propylene, butadiene, benzene, toluene, chlorine, soda, and solvents, among others. The company offers bioplastics through its biopolymers segment.
Braskem is the first company that started to produce on a world scale unit BIO- PE which is made out of sugarcane. The company produces 16 million metric tons per year of thermoplastic resins and other chemical products.
It exports the products to clients in approximately 100 countries and operates 41 industrial units, which are located in Brazil, the US, Germany, and Mexico as well as 16 regional offices in other countries to provide integrated solutions for clients. the latter in partnership with the Mexican company, Idesa.
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.
