Press release
Growth of Bio-based Polymers Market, Revenue, Manufacturers Income, Sales, Market Trend Report Archives in 2024
QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Bio-based Polymers- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.The global Bio-based Polymers revenue was US$ 3587 million in 2023 and is forecast to a readjusted size of US$ 8286 million by 2030 with a CAGR of 12.3% during the review period (2024-2030).
【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】
https://www.qyresearch.com/reports/3197795/bio-based-polymers
According to the new market research report "Bio-based Polymers- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Bio-based Polymers market size is projected to reach USD 8.29 billion by 2030, at a CAGR of 12.8% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of Bio-based Polymers include Braskem, Novamont, Kingfa Technology, BASF, NatureWorks, DuPont, TotalEnergies Corbion, Zhejiang Hisun Biotech, Arkema, Xinjiang Blue Ridge Tunhe, etc. In 2023, the global top five players had a share approximately 45.0% in terms of revenue.
Market Drivers:
The international community has basically reached a consensus that the main channel to address climate change is to develop a low-carbon economy. Fields such as biodegradable materials will become the main driving force leading the low-carbon development of the global chemical industry. Against this backdrop, it is expected that foreign markets represented by Europe and North America will continue to maintain a strong demand for biodegradable materials. With the growing demand for global biodegradable materials, my country's exports and domestic sales of biodegradable materials will continue to increase and maintain rapid growth. There are bioplastic substitutes for almost all traditional plastic materials and corresponding applications. Due to the strong development of polymers such as PHA (polyhydroxyalkanoate), polylactic acid (PLA), bio-based PA (polyamide) and the steady growth of bio-based polypropylene (PP), production capacity will continue to increase significantly in the next five years.
Restraint:
The IMF predicts that the world economy will continue to grow at a rate of 3.2% in 2024 and 2025, the same growth rate as in 2023. Economic growth in advanced economies will accelerate slightly, from 1.6% in 2023 to 1.7% in 2024 and 1.8% in 2025, but will be offset by a slight slowdown in growth in emerging market and developing economies. Offsetting this, the latter's growth is expected to fall from 4.3% in 2023 to 4.2% in 2024 and 2025. The forecast for global economic growth five years from now is 3.1%, the lowest level in decades. In addition, the global political landscape continues to be turbulent, and the Russia-Ukraine conflict has profoundly affected the future geopolitical landscape of the world. There is a profound geopolitical background and historical origin behind the Russia-Ukraine conflict. It is the result of the combined effect of multiple factors such as history and culture, ethnic conflicts, geopolitics, and the game of great powers. The situation in the Middle East continues to deteriorate, and the global political landscape is increasingly fragmented.
Opportunity:
Economists expect global inflation to decline in the coming years. In 2024, global inflation is expected to reach 4.6%, slow to 4.4% in 2025, and reach 4.0% in 2027. However, the report also believes that price pressures in many countries remain high, and further escalation of geopolitical conflicts may lead to another rise in inflation. It is expected that in about a quarter of developing countries, the annual inflation rate will exceed 10% in 2024.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Bio-based Polymers market is segmented as below:
By Company
Braskem
Novamont
Kingfa Sci.&Tech
BASF
NatureWorks
DuPont
TotalEnergies Corbion
Zhejiang Hisun Biomaterials
Arkema
Xinjiang Blue Ridge Tunhe
EMS-GRIVORY
Evonik
Cathay Biotech Inc
Segment by Type
Biodegradable
Non-biodegradable
Segment by Application
Packaging Industry
Textiles Industry
Consumer Goods
Automotive Industry
Others
Each chapter of the report provides detailed information for readers to further understand the Bio-based Polymers market:
Chapter 1: Introduces the report scope of the Bio-based Polymers report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Bio-based Polymers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Bio-based Polymers market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of Bio-based Polymers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of Bio-based Polymers in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Bio-based Polymers competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Bio-based Polymers comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Bio-based Polymers market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Bio-based Polymers- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Bio-based Polymers Market Insights, Forecast to 2030
Global Bio-based Polymers Market Research Report 2024
Global Bio-based Polymer Foam Market Insights, Forecast to 2030
Global Bio-based Polymer Foam Market Research Report 2024
Global Biodegradable and Bio-based Polymer Market Insights, Forecast to 2030
Global Biodegradable and Bio-based Polymer Market Research Report 2024
Global Bio-based Polymer Material Hard Carbon Precursor Market Insights, Forecast to 2030
Global Bio-based Polymer Material Hard Carbon Precursor Market Research Report 2024
Bio-based Polymer Material Hard Carbon Precursor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Bio-based Polymers - Global Market Insights and Sales Trends 2024
Global Bio-based Polymers Market Research Report 2023
Global Bio-based Polymers Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global Bio-based Polymers Market Insights, Forecast to 2029
Global Bio-based Polymers Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Bio-based Polymer Foam - Global Market Insights and Sales Trends 2024
Global Bio-based Polymer Foam Market Research Report 2023
Global Bio-based Polymer Foam Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global Bio-based Polymer Foam Market Insights, Forecast to 2029
Biodegradable and Bio-based Polymer - Global Market Insights and Sales Trends 2024
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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