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Biopolymers Market is expected to reach around USD 34.37 billion by 2030 : Cognitive Market Research

Biopolymers Market is expected to reach around USD 34.37 billion by 2030 : Cognitive Market Research

Biopolymers Market is expected to reach around USD 34.37 billion by 2030 : Cognitive Market Research

Market Overview:
- Biopolymers are polymers produced from natural sources. These polymers can either be chemically synthesized from biological materials or biosynthesized by living organisms. Biopolymers are made up of monomeric units bonded together by covalent bonds. As biopolymers are derived from living organisms like plants and microbes, they are a renewable resource, unlike most polymers which are petroleum-based polymers.

Summary:
- As per our study, the global biopolymers market size was valued at USD 14.54 billion in 2022 and is expected to reach around USD 34.37 billion by 2030, registering a CAGR of 10.67% from 2023 to 2030. Europe is the dominating region for the global biopolymer market and the Asia Pacific is expected to grow at a significant growth rate in the forecast period.

"To know more The Biopolymers Market statistics click here: https://www.cognitivemarketresearch.com/biopolymers-market-report

Market Dynamics:
- Increasing demand for biopolymers by bioplastic manufacturers to produce bioplastic films, and rising applications of biopolymers in the pharmaceutical industry for their ability to heal wounds. In addition, biopolymers are used in various industries such as packaging, consumer goods, automotive & transportation, textiles, and agriculture & horticulture. Government initiatives for green procurement policies & regulations are expected to increase the demand for biopolymers in the forecast period. However, the high production cost can hamper the growth of the market.

Market Segmentation:
Type
• PLA (Polylactic acid)
• Biodegradable starch blends
• Biodegradable polyesters
• PHA
• Bio PE

Applications
• Films
• Bottles
• Fibers
• Seed Coating
• Vehicle Components
• Medical Implants
• Others

End Users
• Packaging
• Consumer Goods
• Automotive & Transportation
• Textiles
• Agriculture & Horticulture
• Others

The Major Players in Biopolymers Market are:
Arkema, BASF, NatureWorks, Novamont, Plantic, Braskem, DSM, Dupont, Ecospan, Evonik Industries, Meredian Holdings Group, Toray Industries.

Get free sample pages of latest published Biopolymers Report:
https://www.cognitivemarketresearch.com/biopolymers-market-report#request_sample

Regional Analysis:
- Europe is the dominating region, in the global biopolymers market, owing to the initiatives taken by the government to restrict the use of conventional plastic. For instance, under the Plastic Bags Directive in European Union (EU), consumers cannot use over 90 bags (conventional plastic bags) per year by 2019. Further, the restriction implemented on plastic bags is also fuelling the growth of the biopolymer market.
Asia Pacific is the accounted for the fastest-growing region with a significant growth rate for the biopolymer market. The increasing customer preferences toward eco-friendly products, and increased purchasing power due to increasing per capita income, are propelling the growth of the biopolymer market.

News
- NatureWorks and IMA Announced New Strategic Partnership for the Compostable Coffee Pods Market (April 2021)
NatureWorks, a manufacturer of low-carbon Ingeo PLA biopolymers, and IMA Coffee announced that they have entered into a joint strategic partnership aimed at accelerating the market for high-performing K-Cup compatible compostable single-serve coffee pods in North America.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Biopolymers Market Overview
• 4.1 Introduction
• 4.2 Global Biopolymers Market Statistics by Regions (2018-2030)
4.2.1 North America Biopolymers Status and Prospect (2018-2030)
4.2.2 Europe Biopolymers Status and Prospect (2018-2030)
4.2.3 Asia Pacific Biopolymers Status and Prospect (2018-2030)
4.2.4 Latin America Biopolymers Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Biopolymers Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Biopolymers Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Mergers and Acquisition Analysis
• 5.2 Global New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Biopolymers Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Biopolymers Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Biopolymers Market by End-User Segmentation Analysis (2018-2030)
Chapter 11 Global Biopolymers Market Regional Analysis
Chapter 12 North America Biopolymers Market Outlook (2018 - 2030)
Chapter 13 Europe Biopolymers Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Biopolymers Market Outlook (2018 - 2030)
Chapter 15 Latin America Biopolymers Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Biopolymers Market Outlook (2018 - 2030)
Chapter 17 Research Findings

To know more Biopolymers Market TOC click here: https://www.cognitivemarketresearch.com/biopolymers-market-report#table_of_contents

Related Report:
• Biopolymer Coatings Market - https://www.cognitivemarketresearch.com/biopolymer-coatings-market-report
• Biopolymer Packaging Market - https://www.cognitivemarketresearch.com/biopolymer-packaging-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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