openPR Logo
Press release

Rising Demand in Bioplastic Packaging Market By 2020: Key Players Braskem S.A., Arkema Group, The Dow Chemical Company

07-27-2020 05:26 PM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

The research report by The Insight Partners, titled, “Bioplastic Packaging Market”, offers a comprehensive analysis of key growth drivers, key segments, development strategies, market opportunities, and competitive landscape. This study offers detailed insights for market players, investors, stakeholders, and new entrants to understand the industry dynamics and determine strategic steps to gain a competitive advantage.

Get Sample Report of Bioplastic Packaging Market Report @ https://bit.ly/3jHhHSZ

(*If you have any special requirements, please let us know and we will offer you the report as you want.)

The growth in the Asia Pacific region is highly attributed to factors such as banning the usage of plastic bags in 2009 and 2011. Other countries in the region that have taxes or bans in place include Cambodia, Bangladesh, Hong Kong, Indonesia, India, Taiwan, and Malaysia among others.

The global bioplastic packaging market is experiencing a high growth owing to increasing awareness among customers about the adverse impact of conventional plastics, surge in need for sustainable packaging solution, and rising government support for the incorporation of bioplastic in packaging. Moreover, the development of new technology and processes and the emergence of novel bioplastic materials are expected to the market growth during the forecast period. Bioplastics are influencing the plastic industry with innovation for more sustainability, functionality, and efficiency. Currently, bioplastic alternatives are available for almost all the conventional plastic material and respective applications which is driving the bioplastic packaging industry.

The global bioplastic packaging market has been segmented based on end-user, i.e., blends, polylactic acid, polyethylene terephthalate, polyhydroxyalkanoates, polyethylene, and others. The physical, as well as chemical properties of bioplastic materials, differs from each other based on flexibility, durability, water and heat resistance, and biodegradability among others. Appropriate selection of material is thus significant for the manufacturing companies to compete effectively by attaining consumer satisfaction, sustainability, and meeting stringent government regulations. This bioplastic is used in a range of packaging application.

Ask For Discount Here: https://bit.ly/39uVlzo

Key findings of the study:

Europe is anticipated to account the largest market share of bioplastic packaging market and is expected to register a CAGR of 23.5%
Based on the packaging type, the flexible packaging segment is expected to witness high year on year growth during the forecast period
Countries such as China, Japan, and ASEAN countries are witnessing high demand for bioplastic packaging due to the increasing government initiatives to ban plastics.
North America accounts for the second largest market share of bioplastic packaging market. In April 2018, the Governor of New York introduced a bill to ban single-use plastic bags in retail and grocery stores by next year. Several cities in the U.S., have banned the use of plastic bags including, Chicago Seattle, Boston, Los Angeles, Austin, and San Francisco. Also, few cities such as Washington, Brownsville, and Portland have imposed fees on plastic bags.

The key companies profiled in this report include Braskem S.A., Arkema Group, The Dow Chemical Company, BASF SE, Cardia Bioplastics, Corbion N.V., Evonik Industries AG, Koninklijke DSM N.V., NatureWorks LLC, and Novamont S.p.A.
Purchase a copy of Bioplastic Packaging Market

research report @ https://bit.ly/39uAX1x

Major Features of Bioplastic Packaging Market Report:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Bioplastic Packaging Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Bioplastic Packaging Market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Rising Demand in Bioplastic Packaging Market By 2020: Key Players Braskem S.A., Arkema Group, The Dow Chemical Company here

News-ID: 2097442 • Views: 334

More Releases from The Insight Partners

Frozen Fish and Seafood Market Focusing on Current Trends, Leading with Top Key …
Frozen Fish and Seafood Market study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation, and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. An exclusive Frozen Fish and Seafood Market research report provides the depth analysis of the market dynamics across five regions such as North America, Europe, South America, Asia-Pacific, the
Polycaprolactone Market Emerging Trends, Development Status, Future Demands, Mar …
Polycaprolactone Market study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Polycaprolactone market. The report presents a broad assessment of the market and
Leather Luggage and Goods Market to See Overwhelming Growth by 2027 |Aero Leathe …
The Insight Partners has recently published a study titled ‘Global Leather Luggage and Goods Market - Industry Trends and Forecast to 2027’. In this report, analysts have provided a detailed evaluation of the Global Leather Luggage and Goods Market with 100+ market data Tables, Pie Chat, Graphs & Figures. Due to high demand and the value of market research for the success of different sectors, Leather Luggage and Goods Market
Tagetes Oil Market: Year 2020-2027 and its detail analysis by focusing on top ke …
The research report provides a big picture on "Tagetes Oil market" 2027, on a global basis, offering a forecast and statistic in terms of revenue during the forecast period. This report covers detailed segmentation, complete R & D history, and explanatory analysis including the latest news. Furthermore, the study explains the future opportunities and a sketch of key players involved in the Tagetes Oil hike in terms of revenue. Get sample

All 5 Releases


More Releases for Bioplastic

Biodegradable Bioplastic Manufacturing / Processing Unit
Biodegradable plastic is a type of Renewable or naturally degradable or Disposable plastic, which has been invested to minimize the pollution from the earth. Currently, conventional plastic or Petro-chemical based plastics have captured 95% of the plastic industry. But, the use of plastic has been banned in various countries, due to the polluting nature of the non-recyclable plastic. Hence, the production of bioplastics is predicted replace by 10% - 35%
Bioplastic Packaging Market Outlook to 2025 - Global Key Player Dow Chemical, Ca …
The report aims to provide an overview of global bioplastic packaging market with detailed market segmentation. Also, it analyzes the current bioplastic packaging market scenario and forecasts the market to 2025. The report further covers market dynamics affecting the bioplastic packaging market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes
Bioplastic Packaging Market Development Trends And Growth Rate By 2025
A bioplastic is a biodegradable group of polymers that are manufactured using renewable-based sources. Conventional plastics is hazardous due to the impact on the environment and their heavy reliance on the oil and gas industry for raw materials such as naphtha. Conventional plastic is widely used for packaging of casings, electronics, and food products, amongst others. This, in turn, is negatively impacting the environment, leading to increasing land and marine
Bioplastic Packaging Market Value Projected to Expand by 2018-2026
A bioplastic is a biodegradable group of polymers that are manufactured using renewable-based sources. Conventional plastics is hazardous due to the impact on the environment and their heavy reliance on the oil and gas industry for raw materials such as naphtha. Conventional plastic is widely used for packaging of casings, electronics, and food products, amongst others. This, in turn, is negatively impacting the environment, leading to increasing land and marine
Key Trends in Bioplastic Packaging Market
Bioplastics are primarily a biodegradable group of polymers that can be manufactured from renewable sources. Conventional plastics are increasingly becoming unpopular due to the fact that they can last for a very long time, can be hazardous to current life and the ecosystem in general, and rely heavily on the oil and gas industry for raw materials. Conventional plastics are used in nearly all industries as material for casings, electronics,
Global Bioplastic Packaging Material Market 2018- Arkema, BASF, Braskem, Novamon …
Apex Market Reports, recently published a detailed market research study focused on the "Global Bioplastic Packaging Material Market" across the global, regional and country level. The report provides 360° analysis of "Global Bioplastic Packaging Material Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Bioplastic Packaging Material industry, and estimates the future