Bioplastics & Biopolymers Market Will Record an Upsurge in Revenue during 2021-2026

Stratview Research has announced a new report on the Bioplastics & Biopolymers Market. According to the report, the market is likely to witness an impressive CAGR of 21.2% during the forecast period. The prime factors contributing to the demand for bioplastics & biopolymers are their increasing demand from the packaging industry and governments’ efforts to promote bio-products by regulating stringent rules citing the environmental concerns.

Market Segmentation
The Bioplastics & Biopolymers Market is segmented by Type (Biodegradable, Non-biodegradable/Bio-based), by End-Use Industry Type (Packaging, Consumer Goods, Automotive & Transportation, Textiles, Agriculture & Horticulture, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

According to the report, the Market is segmented as non-biodegradable/bio-based and biodegradable. The bio-based segment is expected to register the larger share of the market, during the forecast period, driven by the increasing environmental concerns and stringent rules by the government to encourage the use of bio-based bioplastics.

Based on the end-use industry type, the market is segmented as packaging, consumer goods, automotive & transportation, textiles, agriculture & horticulture, and others. The packaging industry is expected to occupy the largest share of the market, during the forecast period, owing to the increasing demand to replace conventional plastics in the packaging industry to address environmental concerns.

In terms of regions, Asia-Pacific is estimated to be the fastest-growing bioplastics & biopolymers market during the forecast period. Increasing population, purchasing power, and increasing preference of customers towards eco-friendly plastic products generate huge demand for bioplastics & biopolymers in the region, which is driving the growth of the region’s market.

How stakeholders can benefit from this report –
This report covers a thorough analysis of the following segments:
- Bioplastics & Biopolymers Market Dynamics.
- Market Size and forecast from 2021 till 2026.
- Supply & Demand Value Chain.
- Bioplastics & Biopolymers Market Current Trends/Issues/Challenges.
- Competition & Companies involved.
- Effecting Technology.
- Bioplastics & Biopolymers Market Drivers and Restraints.

Research Methodology
The report provides a thorough analysis that reflects today’s Bioplastics & Biopolymers Market realities and future market possibilities. The information provided in the report can play a crucial role for the users as well as investors, or those who are planning to step into the industry, in formulating the growth strategies to expedite their growth process.
Experts at Stratview have compiled this report after following a detailed research methodology comprising secondary research, and primary interviews with industry stakeholders. Several authenticated sources such as company annual reports, fact books, press releases, white papers, and articles have been leveraged to gather the data.

Key Players
The following are the key players in the Bioplastics & Biopolymers Market.

• NatureWorks
• Braskem
• BASF
• Total Corbion
• Novamont
• Biome Bioplastics
• Mitsubishi Chemical Holding Corporation
• Biotec
• Toray Industries
• Plantic Technologies

Read More: https://www.stratviewresearch.com/895/bioplastics-&-biopolymers-market.html

Report Customization Options
With this detailed report, Stratview Research also offers one of the following (complementary) customization options to our valued clients:
- Company Profiling -Detailed profiling of additional market players (up to three players)
- Competitive Benchmarking - Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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This release was published on openPR.