Bio-polymers Market (Impact of COVID-19) Size, Status and Forecast 2020-2026 BASF SE, BIOP Biopolymer Technologies AG, Corbion, Danimer Scientific, DSM, Kureha Corporation, Mitsubishi Chemical Corporation

The report presents an in-depth assessment of the Global Bio-polymers including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Bio-polymers investments from 2020 till 2025.

The Europe Bio-polymers market is expected to grow at a healthy rate during the forecast period, 2018 - 2023. The major factors driving the growth of the bio-polymers market in Europe are the developments in drop-in biopolymers and the stringent environmental regulations in the region. A majority of the demand can be attributed to the significant demand from rigid packaging applications in the region.

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Top Leading Manufactures-

BASF SE, BIOP Biopolymer Technologies AG, Corbion, Danimer Scientific, DSM, Kureha Corporation, Mitsubishi Chemical Corporation, Natureworks LLC, Novamont S.p.A, PTT, Rodenburg Biopolymers BV, Roquette, Showa Denko K.K., Sulzer Ltd

Market Scenario

Drop-in Biopolymers Leading the Way

Drop-in solutions provide a method of producing bio-based polymers through the conventional processing techniques used for developing petrochemical based polymers. This is done by replacing petrochemical feedstock with biogenic feedstock, which is aiding the manufacturers as the property profiles and processes involved have already been established. A great deal of focus is being given to the production of renewable monomers, which directly replace petroleum derived alternatives. Polyethenes and polyesters that are 100% renewable are being produced and this trend is expected to grow in the coming years. Owing to the wide range of applications, the demand for bio-based PE and bio-based PET is expected to propel during the forecast period in region.

Packaging Industry the Largest End-user Industry

Increasing usage of bio-based and biodegradable materials such as Polylactic acid (PLA), Polyhydroxyalkanoates (PHA), cellulose and starch blends offer the required packaging solutions, along with enhanced properties, such as biodegradability and compostability. PLA is growing as an interesting prospect for the rigid packaging market, owing to its high stiffness in turn enabling manufacturers to go for thinner-walled packaging. Increasing applications of fully bio based PET for manufacturing bottles has proven to be a viable choice for replacing conventional PET bottles. Also, bio-based PE is being used for packaging of cosmetics. Major brands, such as Coca-Cola, Vittel, Volvic, Procter & Gamble, Heinz and Johnson & Johnson are moving towards using bio-based packaging materials for their products. Owing to these factors, the demand for biopolymers in the region is expected to propel in near future.

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Germany to Witness Strong Growth for Biopolymers

Germany is one of the largest markets with a huge potential for the growth of bio-polymers in the Europe region. The usage of biopolymers is widely supported in Germany, with the Government supporting the usage of bio-based and compostable biowaste plastic bags for the collection of biowaste, according to the Biowaste Ordinance. In 2017, a new packaging law has been passed in the country to support the usage of bio-based packaging materials, which is expected to propel the usage of bio plastics during the forecast period.

Key Developments

November 2017- BASF SE has shut down its ecoflex and ecovio bio-plastics manufacturing plant at Ludwigshafen, Germany

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Global Bio-polymers Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2014 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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