Global Biobased Polyesters Market Emerging Trends, Segment Analysis and Industry Forecast 2022 - 2030 | BASF SE, Biomer, Bio-on, Evonik Industries AG, Futerro

Biobased polyesters are a type of polymer that is made from renewable biomass sources such as vegetable oils and cornstarch. They are increasingly gaining attention as an alternative to traditional petroleum-based polyesters due to their potential environmental and economic benefits. In this article, we will explore the introduction, drivers, and restraints of the biobased polyesters market. The demand for sustainable products and the increasing concerns about environmental pollution caused by petroleum-based plastics are the key drivers of the biobased polyesters market. Biobased polyesters are biodegradable, compostable, and have lower carbon footprints, making them an attractive option for environmentally conscious consumers.

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One of the primary drivers of the biobased polyesters market is the increasing demand for sustainable products. With the growing awareness about climate change, consumers are becoming more environmentally conscious and looking for products that are eco-friendly. Biobased polyesters meet this demand as they are made from renewable resources and have a lower environmental impact compared to traditional petroleum-based plastics. Another driver of the biobased polyesters market is government regulations and policies promoting sustainable materials. Governments across the world are implementing regulations and policies to reduce the use of single-use plastics and promote the use of sustainable materials. For instance, the European Union has set targets for the use of biobased materials in various applications, including packaging, automotive, and textiles.

The high cost of biobased polyesters is a major restraint for the market. Biobased polyesters are currently more expensive than traditional petroleum-based plastics, which limits their adoption in some applications. However, as the technology improves and the economies of scale are achieved, the cost of biobased polyesters is expected to decrease, making them more affordable. Another restraint for the biobased polyesters market is the lack of awareness and availability of biobased products. Many consumers and businesses are not aware of the benefits of biobased polyesters, and the availability of biobased products is limited in some regions. However, with increasing awareness and adoption, the demand for biobased polyesters is expected to grow, leading to an increase in their availability.

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Major Market Players Profiled in the Biobased Polyesters Market Report include:
AquaMinerals B.V.
BASF SE
Biomer
Bio-on
Evonik Industries AG
Futerro
Kureha Corporation
Perstorp Holding AB
Swicofil AG
Sulzer Ltd
TEPHA INC.
The Chemours Company
TianAn Biologic Materials Co., Ltd.
Total Corbion PLA
Other Market Participants

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Our 420+ Pages Report titled, Biobased Polyesters Market will include extensive information on the following pointers:

Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Biobased Polyesters Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.

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Global Biobased Polyesters Market:

By Product
Polylactic Acid (PLA)
Polyglycolic Acid (PGA)
Polycaprolactone (PCL)
Polyhydroxybutyrate (PHB)
Poly(hydroxybutyrate-valerate) (PHBV)
Others

By End-Use
Packaging
Coatings
Automotive
Medical and Pharmaceuticals

By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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