Biopolymer Packaging Market 2020 Explosive Growth and Key Trends Analysis Arkema Group, BASF SE, Biome Bioplastics Limited, Cardia Bioplastics, Innovia Films

Bio based polymers are considered to be an effective alternativeto the conventional polymers and are being increasingly used in packaging industry to produce environment-friendly materials. Consumer awareness regarding impact of conventional plastic, stringent government regulations, and need for sustainable packaging solutions are a few factors driving the global biopolymers packaging market. The majority of biopolymers do not biodegrade, still they are preferred as they are formulated using bio-based resources and can get recycled. At present, customers are more aware about the adverse impact of conversional plastic on their lifestyle. Thus, consumers are demanding for environment-friendly products, which decrease the usage of petroleum and natural gas, which in turn reduces the carbon footprints.

Leading Biopolymer Packaging Market Players:
Arkema Group, BASF SE, Biome Bioplastics Limited, Cardia Bioplastics, Innovia Films, NatureWorks LLC, Plantic Technologies Limited, Spectra Packaging Ltd., United Biopolymers, S.A., The Dow Chemical Company, BEWiSynbra Group

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Based on end user ,the biopolymer packaging market is segmented into Polylactides (PLA), Bio-Polyethylene (PE), Bio-Polyethylene Terephthalate(PET), starch, cellulose, PBAT, Polyhydroxyalkanoates (PHA),Poly(butylene succinate) (PBS), and others. In 2018, the starch segment dominated the biopolymer packaging market; whereas, the Polyhydroxyalkanoates (PHA) segment is expected to grow at a rapid pace during the forecast period. Polyhydroxyalkanoates, also called as PHA, are produced through bacterial fermentation. PHA biopolymers are suitable for applications such as single use packaging for beverages, foods, and consumer products; agricultural foils and firms; and medical applications including, bone marrow scaffolds, bone plates, and sutures. Further, the favorable features of PHAs comprise biodegradability, nontoxicity, hydrophobicity, nonlinear optical activity, piezoelectricity, thermoplasticity, and impermeability to water and gases. PHA polymers are completely bio-based and have an extensive range of physical as well as mechanical properties such as enhanced barrier properties appropriate for food packaging. Additionally, PHA is not only compostable and biodegradable in industrial composting facilities but also in other environments including marine waters.

Geographically, the biopolymer packaging market is broadly segmented into North America, Europe, Asia Pacific (APAC), South America (SAM), and the Middle East & Africa (MEA). In 2018, Europe held the largest share of the global biopolymer packaging market, followed by Asia Pacific. In Asia Pacific, countries such as China and Australia have banned the usage of plastic bags in 2009 and 2011. Other countries in the region that have taxes or bans on plastic usage include Cambodia, Bangladesh, Hong Kong, Indonesia, India, Taiwan, Malaysia, and among others. Government of Taiwan is all set to implement a complete ban on plastic bags as well as disposable utensils and cups in 2030. This ban on conventional plastic in several countries is expected to increase the demand for biopolymers for packaging in range of applications.

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Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Biopolymer 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 Biopolymer Packaging Market, thereby allowing players 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 products, segmentation and industry verticals.

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Table of Content:
Market Overview
Competition Analysis by Players
Company (Top Players) Profiles
Biopolymer Packaging Market Size by Type and Application
US Market Status and Outlook
EU Development Market Status and Outlook
Japan Market Development Status and Outlook
China Market Status and Outlook
India Biopolymer Packaging Market Status and Outlook
Southeast Asia Market Status and Outlook
Market Forecast by Region, Type, and Application
Market Dynamics
Market Effect Factor Analysis
Research Finding/ Conclusion
Appendix

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