Press release
Bioplastics Market Size 2023 | Share, Growth, Report and Forecast 2028
Bioplastics Market
The global bioplastics market size reached US$ 11.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.2 Billion by 2028, exhibiting a growth rate (CAGR) of 12.1% during 2023-2028.
What are Bioplastics?
Bioplastics are derived from renewable resources, such as corn starch, sugarcane, or algae, instead of the traditional petrochemical sources. They offer a compelling alternative to conventional plastics due to their eco-friendly nature and reduced environmental impact. They represent a significant stride toward a greener and more sustainable future for industries worldwide. They help to biodegrade or be composted, thus mitigating the persistent problem of plastic pollution. This shift towards bioplastics is not only a response to environmental concerns but also a strategic move by businesses to align with evolving consumer preferences for sustainable products.
Request a PDF Sample for more detailed market insights: https://www.imarcgroup.com/bioplastics-market/requestsample
What are the growth prospects and trends in the bioplastics industry?
At present, the growing awareness and emphasis on environmental sustainability represents one of the key factors offering a favorable market outlook. Businesses across industries are recognizing the urgent need to reduce their carbon footprint and minimize plastic waste.
Bioplastics offer a compelling solution, as they decompose naturally and leave a significantly smaller environmental footprint.
This eco-conscious shift is increasing due to stringent regulations and mandates promoting sustainable practices. Furthermore, consumer preferences are evolving towards eco-friendly and responsibly sourced products.
This change in demand is prompting businesses to integrate bioplastics into their product lines to meet these expectations and gain a competitive edge. Bioplastics not only reduce the reliance on fossil fuels but also serve as a testament to a company's commitment to environmental stewardship
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/bioplastics-market
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
• Biodegradable
o Polylactic Acid
o Starch Blends
o Polybutylene Adipate Terephthalate (PBAT)
o Polybutylene Succinate (PBS)
o Others
• Non-Biodegradable
o Polyethylene
o Polyethylene Terephthalate
o Polyamide
o Polytrimethylene Terephthalate
o Others
Breakup by Application:
• Flexible Packaging
• Rigid Packaging
• Agriculture and Horticulture
• Consumer Goods
• Textile
• Automotive and Transportation
• Others
Breakup by Distribution Channel:
• Online
• Offline
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Some of the Top Key players in the Bioplastics Market
Arkema S.A.
BASF SE
Biome Bioplastics Limited (Biome Technologies plc)
Eastman Chemical Company
FKuR Kunststoff GmbH
Kuraray Co. Ltd.
Mitsubishi Chemical Corporation (Mitsubishi Chemical Holdings Corporation)
Novamont S.p.A.
Solvay S.A.
Teijin Limited
Total Corbion PLA
Trinseo
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse Other Reports:
https://www.digitaljournal.com/pr/news/imarc/drug-screening-market-size-2023-share-business-growth-report-2028
https://www.digitaljournal.com/pr/news/imarc/europe-electric-bus-market-share-growth-and-forecast-2023-2028
https://www.digitaljournal.com/pr/news/imarc/industrial-lasers-systems-market-size-industry-share-top-company-overview-report-2023-2028
https://www.digitaljournal.com/pr/news/imarc/laboratory-equipment-and-disposables-market-share-insights-growth-report-2023-2028
https://www.digitaljournal.com/pr/news/imarc/global-light-weapons-market-trends-2023-2028-top-key-players-in-the-industry-bae-systems-plc-fn-herstal-herstal-group-general-dynamics-corporation
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bioplastics Market Size 2023 | Share, Growth, Report and Forecast 2028 here
News-ID: 3228620 • Views: …
More Releases from IMARC Group
Retirement Planning Services Business Plan 2025: Market Overview and Investment …
IMARC Group's "Retirement Planning Services Business Plan and Project Report 2025: Industry Trends, Business Setup, Revenue Model, Investment Opportunities, Income, Expenses, and Profitability" delivers a complete framework for establishing and managing a profitable retirement planning services firm. This report provides detailed insights into market trends, investment opportunities, financial forecasts, and operational models. It serves as a vital tool for entrepreneurs, consultants, and investors aiming to evaluate business feasibility or enhance…
Indonesia Facility Management Market Overview & Statistics, Size, Share, Industr …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Facility Management Market Report by Facility Management Type (Inhouse Facility Management, Outsourced Facility Management), Offering Type (Hard FM, Soft FM), End User (Commercial, Institutional, Public/Infrastructure, Industrial, Others), and Region 2025-2033," the report presents a thorough review featuring the Indonesia facility management market share, growth, trends, and research of the industry.
Market Size & Future Growth Potential:
The Indonesia…
Singapore Logistics Market Statistics & Trends, Outlook, Size, Share, Industry A …
As indicated in the latest market research report published by IMARC Group, titled "Singapore Logistics Market Report by Model Type (2 PL, 3 PL, 4 PL), Transportation Mode (Roadways, Seaways, Railways, Airways), End Use (Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Construction, Automotive, Telecom, Oil and Gas, Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It…
Milk Processing Plant Setup in India 2025: Business Plan, Opportunities, Cost, a …
Overview: Expanding Opportunities in India's Dairy Processing Sector
India's dairy industry is witnessing unprecedented growth, driven by rising consumption of milk and milk-based products, increasing urbanization, and government initiatives supporting rural dairy development. Within this expanding sector, the establishment of a milk processing plant presents a promising business opportunity for entrepreneurs and investors. Milk processing is a crucial component of the dairy value chain, transforming raw milk into products such as…
More Releases for Bioplastics
Major Growth Driver Identified in 2025 Bioplastics Market: Growing Environmental …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
Bioplastics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, the size of the bioplastics market has seen a swift expansion. An increase from $10.84 billion in 2024 to $12.79 billion in 2025 is expected, with a compound annual growth rate (CAGR) of 18.0%. The upward…
Bioplastics Market is Gaining Momentum by key players Biome Bioplastics, Bio-On, …
Advance Market Analytics published a new research publication on "Bioplastics Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Bioplastics market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the report, request for free…
Horticulture Bioplastic Market to See Stunning Growth by Green Dot Bioplastics, …
Horticulture Bioplastic Market Insights by Competition , Trends & Growth Analysis 2028 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Horticulture Bioplastic Market. Some of the key players profiled in the study are Players…
Increase in Adoption of Bioplastics in Agriculture and Automotive Industry Leads …
In 2017, the global bioplastics market generated revenue of $21,126.31 million, and is expected to grow at a CAGR of 18.8% in terms of value from 2018 to 2024 reaching $68,577.25 million by 2024. Bioplastics are obtained by converting the sugar present in plants into plastic. The sugar in turn is obtained from corn, cane, sugar beets, wheat, or potatoes. This makes bioplastics sustainable and better for the environment as…
Technologies for Bioplastics Market Outlook 2018 | Algix, Arkema, Basf, Bioamber …
#Download Sample Pages of Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1799294
Global Technologies for Bioplastics Market Report including definitions, classifications, applications and industry chain structure. Global Technologies for Bioplastics market status, size, outlook of global and major regions, from angles of manufacturers, regions, product types and end industries.
Companies profiled and studied for this Technologies for Bioplastics market report include Algix, Arkema, Basf, Bioamber, Biomatera, Biomer, Cardia Bioplastics, Cereplast, Dow Plastics, Dupont, Dsm, Eastman…
Bioplastics Market 2017- Novamont, BASF, Metabolix, Cardia Bioplastics, Corbion …
x Research, recently published a detailed market research study focused on the "Bioplastics Market" across the global, regional and country level. The report provides 360° analysis of "Bioplastics Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Bioplastics industry, and estimates the future trend of Bioplastics market on the basis of…
