Press release
Bioplastics Market Trens and Growth Opportunities in Global Industry 2020-2026
The Global Bioplastics Market Report is highly intended to offer robust acumen considering Market industry to aid a market contender with insightful analysis for Bioplastics Market size, share, competitive scenario, segments, sub-segments, and dominant industry competitors. The report focuses on the historic and current situation of the market to provide valuable forecast analysis based on sales revenue, global demand, and growth rate of the market.The global Bioplastics market is valued at 3337.9 million US$ in 2020 is expected to reach 5008.1 million US$ by the end of 2026, growing at a CAGR of 5.9% during 2021-2026.
Market Key Players
Braskem, NatureWorks, Novamont, BASF, Corbion, PSM, DowDuPont, Arkema, Kingfa, FKuR, Biomer, Zhejiang Hisun Biomaterials, PolyOne, Grabio, Danimer Scientific, Myriant, Mitsubishi, Biome Bioplastics, etc.
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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.
Currently, Braskem, NatureWorks, Novamont and BASF are major manufacturers of this industry. Braskem is a global leader. In 2017, the production of Braskem was 172.2 K MT, and the company holds a share of 14.76%. 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.
Segmentation
Segment by Type
Bio-PET
Bio-PE
Starch Blends
PLA
PHA
Others
Segment by Application
Packing Industry
Automotive Industry
Bottles Manufacturing
Others
By Geography
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key highlights of the report:
Executive summary, market introduction, Bioplastics market definition.
Macroeconomic factors and forecast factors.
Bioplastics Market taxonomy – segmentation on the basis of type, end-use, and region.
Pricing analysis, regulatory factors analysis, and value chain analysis.
Bioplastics Market dynamics including key drivers, key restraints, recent trends, upcoming opportunities.
In-depth forecast analysis by type, end-use, region.
Bioplastics Market structure and competition analysis.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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