Press release
Bioplastics Market by Type (Biodegradable Plastic, Non-biodegradable Plastic) by Applications (Rigid Packaging, Flexible Packaging, Textile, Agriculture, and Horticulture, Consumer Goods, Automotive, Electronics) 2018 - 2023
Bioplastics Market
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BASF SE (Germany), Biome Technologies Plc. (U.K), Braskem S.A. (Brazil) are the key players in this market.
Drivers:
• Environmentally Friendly Properties
Restraints:
• High Cost to End-User
Opportunities:
• High investment from Research and Development
Challenges:
• Growing Corporate Social Responsibility (CSR) activities
The Global Bioplastics Market is divided into By Type, Application, and Region. By Type, the bioplastics market is bifurcated into biodegradable and non-biodegradable bioplastics. Furthermore, biodegradable is segmented into polylactic acid (PLA), polyhydroxyalkanoates (PHA), starch blend, polyester (PBAT & PBS), and cellulose acetate. Non-biodegradable is divided into the epoxy, polyurethane, polyethylene terephthalate (PET), and others (polyamide (PA), polyethylene (PE), ethylene propylene diene monomer rubber (EPDM), and poly-trimethylene terephthalate (PTT) in which non-biodegradable waste contributes to the highest market share. PET is largely used in bottle packaging. Based on Application, the market is classified into rigid packaging, flexible packaging, textile, agriculture & horticulture, consumer good, automotive, electronic, and building & construction, and others in which rigid packaging contributes to the highest market share.
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Key Benefits for Stakeholders
• Manufacturers and distributors of Bioplastic.
• Suppliers and traders of Bioplastic.
• Government, associations and industrial bodies.
• Investors and Trade experts.
• Consulting in chemical experts.
By Type
• Biodegradable Plastic
• Non-biodegradable Plastic
By Application
• Rigid Packaging
• Flexible Packaging
• Textile
• Agriculture and Horticulture
• Consumer Goods
• Automotive
• Electronics
• Building and Construction
• Others
By Region
• North America
• Europe
• Asia-Pacific
• RoW
Key Market Players
• BASF SE
• Biome Technologies Plc.
• Braskem S.A.
• Corbion Purac
• FKuR Kunststoff GmbH
• Indorama Ventures Public Company Limited.
• Innovia Films
• Natureworks LLC.
• Novamont S.p.A
• SECOS Group Ltd. (Cardia Bioplastics)
(A brief overview of 10 companies is also provided)
Read Report Overview with Full TOC @ https://genesismarketinsights.com/viewreport/312/24/Bioplastics-Market
About Us:
Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.
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