Press release
Bio Polymers Market Competitive Research And Precise Outlook 2020 To 2026
Top Companies in the Global Bio Polymers Market
BASF SE (Germany), Braskem (Brazil), DuPont de Nemours, Inc. (NYSE:DD). (US), Danimer Scientific (US), NatureWorks LLC (US), Yield10 Bioscience, Inc. (US), Rodenburg Biopolymers (Netherlands), Evonik Industries AG (Germany), HARBEC (US), BIO-ON (US), FMC Corporation (US), Total Corbion (Netherlands), Solanyl Biopolymers Inc. (Canada), Tianjin GreenBio Materials Co., Ltd (China), and Novament SpA (Italy), among others.
Market Overview:
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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Market Insights:
Bioplastics is mainly used for packing industry and bottles manufacturing. Packing industry are the most important application. In 2017, packing application holds 65.96% of the consumption market share.
Bio-Medical Industry is the Fastest Growing Segment
With the increased technological developments and research in the medical industry, there is an increased interest towards bio-polymers because of their biomedical applications, such as in tissue engineering, pharmaceutical carriers, and medical devices. A common biopolymer, gelatin, has been widely applied in medicine for dressing wounds as an adhesive. Electrospun PLGA-based scaffolds have been applied extensively in biomedical engineering, such as in tissue engineering and drug-delivery system. MWCNT-incorporated electrospun nanofibers with a high surface area to volume ratio and porous characteristics have also shown potential applications in many aspects of tissue engineering. Cross-linking improves the properties of the bio-polymers, which provides for an option to improve the characteristics of the present bio-materials.
Asia-Pacific is the Largest Market
Asia-Pacific is observed to be the largest growing market, in terms of value and volume. The rising product demand in the orthopedics and drug delivery applications, along with the rising healthcare spending, is projected to promote the biopolymers market growth in the region. From the perspective of end-user industries, such as packaging, the Asia-Pacific region is expected to fuel the demand for extruded plastics also. Asia also has the advantage that genetically modified plants are easier to realize and new outlets for agriculture are faster to build.
Key Developments in the Market
February 2018: Mitsubishi Chemical started full-scale sales of the new grade of DURABIO bio-based engineering plastic for bottles. DURABIO features higher transparency than polycarbonate, higher strength than acrylic, and improved resistance to cracking.
June 2017: NatureWorks licenses Plaxicas optipure D-lactic acid process technology to expand its Ingeo Product Portfolio. This investment is part of NatureWorks' long term strategy for leading the market with cost-effective, functional biopolymers.
Trending News
Danimer Scientific and Genpak Partner to Launch New Line of Biodegradable Food Packaging
BAINBRIDGE, Ga., Nov. 12, 2019/ -- Danimer Scientific, a leading developer and manufacturer of biodegradable materials, and Genpak, the leading manufacturer of quality food packaging, are partnering to create a new line of biodegradable food containers. The eco-friendly foodservice items created by the two companies will help reduce the environmental impacts of non-biodegradable packaging produced annually worldwide.
Over the course of this multi-year agreement, Danimer Scientific will deliver several million pounds of biodegradable resins that Genpak will use exclusively for the manufacture of its new GenZero(TM) line of food packaging products. Danimer Scientific will include its signature biopolymer, Nodax(TM) polyhydroxyalkanoate (PHA), among the resins that it produces for GenZero(TM) food containers. Nodax(TM) PHA is a plant-based material that was verified as a reliable biodegradable alternative to traditional petrochemical plastics in a 2018 study led by University of Georgia (UGA) researchers and members of the UGA New Materials Institute.
(Source- danimerscientific.com)
The Bio Polymers market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Bio Polymers Market on the basis of Types are
Bio-PET, Bio-PE, Starch Blends, PLA, PHA, Others
On The basis Of Application, the Global Bio Polymers Market is Segmented into
Packing Industry, Automotive Industry, Bottles Manufacturing, Others
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Regions Are covered By Bio Polymers Market Report 2020 To 2026.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada and Mexico).
Europe (Germany, France, UK, Russia and Italy).
Asia-Pacific (China, Japan, Korea, India and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Bio Polymers Market
-Changing Bio Polymers market dynamics of the industry
-In-depth market segmentation by Type, Application etc.
-Historical, current and projected Bio Polymers market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Bio Polymers Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
Frequently Asked Questions about Bio Polymers market:
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The report has 150 tables and figures browse the report description and TOC
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