Press release
Global Bio Polymers Industry Promising Growth Factors Analyzed by :- BASF SE (Europe), Braskem S.A (UK), Biome Technologies , Plantic Technologies Limited , Bio-on S.p.A
Bio Polymers industry , Bio Polymers Market
Synopsis of Bio polymers Market
The Global Bio polymers is expected to witness a significant growth of USD ~ 6.37 billion by 2023 with CAGR of ~12.05 % between 2016 and 2023
Biopolymers are polymers which is produced from biomass, and also bio-degrade with the action of heat, micro-organisms, and moisture. Biopolymers can be made by left-over starch from a crop that has been grown for foodstuffs. Increased use of bio-polymers would reduce the dependence on fossil fuels, another benefit is that biopolymers are easily bio-degradable. Bio polymers plastics, such as biobased PE and biobased PET, are the main drivers of global biopolymers market growth. More than 65% of the bioplastics production capacity worldwide in 2016 was biobased, long-lasting plastics.
Key Players:-
Key players of the global bio polymers market are BASF SE (Europe), Braskem S.A (UK), Biome Technologies Plc (UK), Plantic Technologies Limited (Austrelia), Bio-on S.p.A. (Europe), Novamont S.P.A (Europe), Toray Industries Inc (Japan), Tianjin GreenBio Materials Co., Ltd (Japan), Danimer Scientific (US), Rodenburg Biopolymers (US), and Others
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Bio polymers has found in various applications such as films, bottles, fibers, seed coating, vehicle components, medical implants, and others. Increasing in demand of packaging industry is likely to drive the bio polymers market growth. The growing packaging and construction industry on account of developing domestic as well as commercial market particularly in Asia-Pacific and North America has boosted the global bio polymers market over the forecasted period.
Regional Analysis
Asia Pacific is the largest market of bio polymers in terms of production especially in China region. The Second largest market in terms of production is Europe followed by North America. In terms of consumption global bio polymers market is led by Europe region due to demand in various applications such as packaging and pharmaceutical industry. Second position is held by APAC region and the third largest market of bio polymers is North America. Latin America and Middle East also witnessed in growth of bio polymers market due to various application such as films, bottles, bottles, fibers, seed coating, vehicle components, medical implants, and others.
Segmentation
The global bio polymers market is majorly segmented on the basis of types, application, end users and region. Based on types bio polymers the market is segmented into bio- polyethylene (PE), bio- polyethylene terephthalate (PET), poly lactic acid (PLA), polyhydroxyalkanoate (PHA), biodegradable polyesters, and others (regenerated cellulose, starch blends). Based on application of bio polymers the market is segmented into films, bottles, bottles, fibers, seed coating, vehicle components, medical implants, and others (printed circuit boards, audio devices, fuel and exhaust system). Based on end user the market segmented into packaging, agriculture, automotive, pharmaceutical, construction, and others (electronics, personal care, sports), and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
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Geographic Analysis:-
The report covers brief analysis of geographical region such as:
North America
US
Canada
Europe
Germany
France
Italy
Netherlands
U.K.
Rest of Europe
APAC
China
India
Japan
Rest of Asia-Pacific
RoW
South America
Middle East
Africa
The report about Global Bio Polymers Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.
Study Objectives of Bio Polymers Market:
To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Bio Polymers Market
To understand the supply and demand dynamics including supply and consumption concentration mapping
To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
To provide competitor positioning of the market
To provide company profiling of major players in the market along with their production and capacity
To provide regional trade analysis
To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
Intended Audience
Bio Polymers manufacturers
Traders and distributors of Bio Polymers
Production Process industries
Potential investors
Raw material suppliers
Nationalized laboratory
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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