Lucintel Anticipates the Global Bioplastics Industry to Witness Significant Growth and Reach an Estimated $7 Billion by 2018

Bioplastics are used in a variety of applications, such as beverage bottles, disposable utensil, agriculture, food services, consumer electronics, and household appliances. Increasing usage of bioplastics in a number of markets, such as packaging, catering products, consumer electronics, agriculture, horticulture, toys, and textiles is expected to drive the growth of the bioplastics market in the future. The starch-based bioplastics market will be the largest market segment in terms of value by 2018.
Emerging technologies and renewable sources to generate biopolymers, growing concern about carbon footprint, and higher consumer acceptance are the major drivers of the global bioplastics industry. The wide variety of bioplastics applications under development is a positive factor for the growth of bioplastics market.
The global bioplastics industry is expected to witness significant growth and reach an estimated $7 billion by 2018. Europe is expected to lead the global market with more than 36% of market share by 2018, followed by APAC and North America. BASF SE, Braskem SA, Novamont S.p.A, Eastman Chemical Company, and DuPont are some of the suppliers of bioplastics for various applications.
Lucintel, a leading global management consulting and market research firm, has analyzed the global bioplastics market by type of materials, and regions, and has come up with a comprehensive research report “Global Bioplastic Industry 2013-2018: Trends, Forecast, and Opportunity Analysis.” This report provides an analysis of the bioplastics industry, including analysis of the market trends, competitive landscapes, company profiles, emerging trends, and key drivers of industry growth. The study also includes global bioplastics market forecasts through 2019, segmented by regions and by raw materials types as follows:
The global bioplastics industry segmented by regions:
• North America
• Europe
• Asia Pacific
• Rest of the World
The global bioplastics industry segmented by raw materials type:
• Starch-Based Bioplastics
• Polylatic Acid (PLA)
• Polyhydroxyalkanoates (PHA)
• Cellulose-Based Bioplastics
• Aliphatic-Aromatics Copolyesters
• Others

This 168-page research report will enable you to make confident business decisions in the global bioplastics industry. For a detailed table of contents and pricing information on this timely, insightful report, click on this link http://www.lucintel.com/reports/chemical_composites/global_bioplastic_industry_2013-2018_trend_forecast_and_opportunity_analysis_january_2014.aspx or contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel offerings include Chemical Market Research Reports, Chemical Industry Analysis Report, Opportunity Screening and Analysis, Market Research Report and SWOT Matrix. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.

Lucintel has been in the business for 15 years and has served thousands of clients, ranging from small, emerging organizations to multinational Fortune 500 companies such as 3M, Ashland, Audi, Dow, GE, General Motors, and Momentive. Lucintel is a growth accelerator firm that helps companies with market entry strategies, growth financing, M&A, market research, and strategic consulting services. Let us create a growth roadmap that meets your goals and budget. For further information, visit www.lucintel.com.

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This release was published on openPR.