Bioplastics and Biopolymers Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
Bioplastics & Biopolymers Market is likely to witness an impressive CAGR of 21% during the forecast period 2021-2027.
Bioplastics are materials made from plastics that are produced from renewable raw materials and are used for packaging in a variety of forms, including food and beverage, pharmaceuticals, personal care and cosmetics, and carrying bags. Bioplastics are generated from human and animal waste, plant products, and agricultural waste, and use innovative technologies to recycle and create new products. Bioplastics and Biopolymers are used extensively in the packaging industry. Therefore, bio-based raw materials such as starch and vegetable waste crop by-products are utilized to comply with stringent government regulations regarding environmental safety. Therefore, the maintenance of product quality in this industry is lower than that of the old plastic product manufacturing industry. Bioplastics are mainly used to store food or can be stored for a long time without refrigeration, and also retain their chemical properties.
Market Segments
Based on type
- Biodegradable
- Non-biodegradable/Bio-based
Based on the End-Use Industry
- Packaging
- Consumer Goods
- Automotive & Transportation
- Textile
- Agriculture & Horticulture
Key Players
The bioplastics & biopolymers market comprises major players such as 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), Arkema (France), Cardia Bioplastics (Australia), Futerro (Belgium)
Scope of the Report
The research study analyzes the global Bioplastics and Biopolymers industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Bioplastics and Biopolymers Market Report
1. What was the Bioplastics and Biopolymers Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Bioplastics and Biopolymers Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Bioplastics and Biopolymers Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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