Press release
Bioplastics (Bio-plastics,Bio plastics) Market Benefits with 5.9% CAGR by 2025 | Top key Players: Braskem, NatureWorks, Novamont, BASF, Corbion, PSM and More...
Bioplastics (Bio-plastics,Bio plastics) Market
Summary
Biopolymers/bioplastics is a material for which at least a portion of polymer consists of material produced from biomaterials. It represent a new generation of plastics that reduces the impact on the environment, both in terms of energy consumption and the amount of greenhouse gas emissions.
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The global Bioplastics (Bio-plastics,Bio plastics) market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of 5.9% between 2019 and 2025.
Currently, Braskem, NatureWorks, Novamont and BASF are major manufacturers of this industry. Braskem is a global leader. In 2017, the production of Braskem holds a share of around 15%. In Europe and the United States, NatureWorks, Novamont and BASF are the market leader. PSM, Kingfa, Zhejiang Hisun Biomaterials and Mitsubishiare leaders in the Asia Pacific market.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Braskem, NatureWorks, Novamont, BASF, Corbion, PSM, DuPont, Arkema, Kingfa, FKuR, Biomer, Zhejiang Hisun Biomaterials, PolyOne, Grabio, Danimer Scientific, Myriant, Mitsubishi, Biome Bioplastics
By the product type, the market is primarily split into
Bio-PET
Bio-PE
Starch Blends
PLA
PHA
Others
By the end users/application, this report covers the following segments
Packing Industry
Automotive Industry
Bottles Manufacturing
Others
In this study, the years considered to estimate the market size of Bioplastics (Bio-plastics,Bio plastics) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Key Regions for this market: North America, Europe, APAC, Latin America, and the Middle East & Africa.
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Technological Advancements
The latest and advanced technologies used in the Bioplastics BioplasticsBio plastics Market can be helpful for collaborative seminars, meetings, lectures, and training for industry professionals. Furthermore, in order to introduce advanced products or solutions, leading competitors are expected to concentrate on product innovation through continuous investments in product development.
Key Benefits:
1.The research report provides a detailed analysis of the Bioplastics BioplasticsBio plastics Market along with the current and future growth prospects so as to shed light on the prominent investment pockets.
2.Information regarding key growth factors, constraints, and opportunities, along with their impact analysis on the Bioplastics BioplasticsBio plastics Market is provided.
3.Porter’s fives forces analysis elaborates the effectiveness of buyers and suppliers operating in the market, globally and regionally.
4.The qualitative and quantitative analysis of the market from 2019 to 2024 is provided to put forth the market potential.
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Key questions answered in the report include:
What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the Bioplastics BioplasticsBio plastics market?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the market?
Who are the leading competitors functioning in the market for Bioplastics BioplasticsBio plastics?
What are the key outcomes of Porter’s five forces analysis of the Bioplastics BioplasticsBio plastics market?
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Bioplastics (Bio-plastics,Bio plastics) market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like Asia, United States, Europe.
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