Press release
Bio-Based PVC Market size in terms of volume and value 2019-2029 | Solvay, Bio-Plastic Solutions, LLC, BiologiQ, Inc., Trinseo, Proviron, Green Dot Bioplastics, Carnegie Fabrics, LLC, Nomaco, Plastic Extrusion Technologies, AFI Licensing LLC, Presco, ENSO
Poly Vinyl Chloride (PVC) is one of the world’s prominent synthetic plastic polymer that is being produced in a significant volume at a global level. It comes in two forms that includes rigid PVC and Flexible PVC. They are referred to as bio-based PVC when produced from renewable and bio-based feedstock instead of the conventional fossil fuel based feedstocks. The market for bio-based PVC is poised to grow significantly as it has a significant potential to replace the conventional PVC efficiently. Moreover, bio-based PVC can help the manufacturers meet current market demands for bio-based and bio-degradable chemicals and plastics. Bio-based PVC can be efficiently used in building and construction, packaging and transportation, electricals and electronics and textile industries among others for various applications that include the production of agricultural films, bags, fibers, containers, bins and bottles among others.
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Bio-Based PVC Market Dynamics
Bio-Based PVC Market Drivers
Plastics are demanded in almost every other industry for packaging applications. The use of conventional plastics is getting more and more restricted as a result of stringent regulations and norms are being laid by the governments at national and international levels. These regulations restrict the utilization of plastics that are non-biodegradable and harmful to the environment. As a consequence, industrialists are bound to use bio-based alternatives to the conventional fossil fuel based chemicals and this has created a significant demand for bio-based PVC. The increasing awareness about the facts such as bio-based PVC is produced from feedstock that is renewable and more importantly, biodegradable has also contributed to the increase in demand for bio-based PVC across the globe and this demand for bio-based PVC is expected to increase further in coming years. The preference of most of the industries such as food processing, and packaging has shifted towards bio-based polymers in order to attain their goals of sustainable development. This factor is also expected to drive the growth of global bio-based PVC market significantly.
Bio-Based PVC Market Restraints
The global bio-based PVC market is expected to be potentially restrained from the intense competition for bio-based PVC feedstock. The completion is from the food manufacturing and processing industries that consume the same feedstock for food production.
Bio-Based PVC Market Trends
Global bio-based PVC market is witnessing a significant number of product launches as the participants of the global bio-based PVC market participate vigorously in research and development for technological advancements and for the development of new and efficient methods of bio-based PVC production from different types of biological and renewable feedstock.
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Bio-Based PVC Market Segmentation
The global Bio-Based PVC market can be segmented on the basis of processing method, applications, end-uses and regions.
On the basis of processing method, the global Bio-Based PVC market can be segmented as:
Fiber extrusion
Injection blow molding
Injection molding
Lamination
Thermoforming
Others
On the basis of applications, the global Bio-Based PVC market can be segmented as:
Agriculture films
Bags
Blisters
Bottles and canisters
Caps and closures
Containers and bins
Cosmetics
Fibers
Others
On the basis of end-use, the global Bio-Based PVC market can be segmented as:
Building and Construction
Transportation and Packaging
Electricals and Electronics
Textiles
Others
Bio-Based PVC Market Participants
Some of the market participants identified across the value chain of global bio-based PVC market are:
Solvay
Bio-Plastic Solutions, LLC
BiologiQ, Inc.
Trinseo
Proviron
Green Dot Bioplastics
Carnegie Fabrics, LLC
Nomaco
Plastic Extrusion Technologies
AFI Licensing LLC
Presco
ENSO Plastics
Neste
Bio-Based PVC Market Regional Outlook
In terms of production, China is one of the prominent regions in the global bio-based PVC market. Japan also has some of the prominent players of the global bio-based PVC market. However, as a consequence of a significant concentration of industries that consume bio-based PVC in China, East Asia is expected to hold a significant share of the global bio-based PVC market in terms of consumption volume. East Asia is followed by other regions such as North America and Europe which have a considerable demand for bio-based polymers such as bio-based PVC.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Report also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The Report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Market potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
For more information on this report, please visit: https://www.factmr.com/report/3703/bio-based-pvc-market
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Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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