Press release
Biopolymers Market, worth USD 8.06 Bn in 2023, is expected to grow to USD 22.37 Bn by 2030, with a 15.3 Percentage CAGR
๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 8.06 Bn in 2023 and is expected to reach USD 22.37 Bn by 2030, at a CAGR of 15.3%.๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The biopolymers market is witnessing significant growth due to the increasing demand for sustainable and eco-friendly materials across various industries. These polymers, derived from renewable resources like plants, microorganisms, and agricultural waste, are gaining popularity as alternatives to conventional plastics. The market is driven by rising environmental concerns, stringent regulations on plastic usage, and growing consumer preference for biodegradable and compostable products. With applications spanning packaging, agriculture, medical, and automotive sectors, the biopolymers market is poised for robust expansion in the coming years.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/113509/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The growth of the biopolymers market is propelled by a combination of environmental, regulatory, and economic factors. Rising awareness about the adverse effects of plastic pollution has encouraged industries to adopt sustainable solutions, boosting demand for biopolymers. Governments worldwide are implementing stringent regulations and offering incentives to promote biodegradable materials, further supporting market expansion. Additionally, advancements in technology have reduced the production costs of biopolymers, making them more competitive with traditional plastics. Consumer preference for green products and the push from major corporations toward sustainable practices are also key drivers accelerating the market's growth.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's commitment to environmental sustainability has led to increased adoption of biopolymers, particularly in the packaging industry. Government initiatives aimed at reducing plastic waste are expected to further drive market growth.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/113509/
๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's robust agricultural sector provides abundant raw materials for biopolymer production. The country's focus on sustainable development and export-oriented manufacturing offers significant growth opportunities for biopolymers.
๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's advanced technological landscape and strong emphasis on environmental conservation have positioned it as a leader in biopolymer research and application. The automotive and electronics industries are notable sectors driving demand.
๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea is witnessing increased collaboration between research institutions and industries to develop advanced biopolymer applications. The government's support for green technologies is fostering market consolidation.
๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's strategic initiatives in sustainable materials and circular economy practices are propelling the adoption of biopolymers. The city-state's focus on innovation and R&D is expected to lead to significant advancements in biopolymer technologies.
๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The U.S. market is experiencing substantial growth, driven by consumer demand for sustainable products and supportive regulatory frameworks. The packaging and automotive sectors are major contributors to market expansion.
๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe holds a significant share of the global biopolymers market, with countries like Germany, France, and Italy leading in production and consumption. Stringent environmental regulations and a strong emphasis on sustainability are key factors driving market growth.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐๐๐ ๐๐: In April 2023, BASF SE expanded its compounding capacities for ecovio in Shanghai, China, to meet the growing demand for biodegradable plastics in the Asia-Pacific region.
๐๐จ๐ฏ๐๐ฆ๐จ๐ง๐ญ ๐.๐ฉ.๐.: In March 2023, Novamont partnered with OrthoLite to create OrthoLite Cirql, the world's first circular foam material for footwear, combining Novamont's bio-based, compostable, and recyclable polymer with OrthoLite's foaming expertise.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/113509/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
by Type
Biodegradable
Non-Biodegradable/Bio-based
Synthetic
Others
by Application
Films
Bottle
Fibers
Seed Coating
Vehicle Components
Medical Implants
Others
by End User
Packaging
Agriculture
Automotive
Textile
Healthcare
Others
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-biopolymers-market/113509/
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ข๐จ๐ฉ๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
North America
1. Danimer Scientific (Bainbridge, Georgia, USA
2. BioLogiQ, Inc. (Idaho Falls, Idaho, USA)
3. DuPont (Wilmington, Delaware, USA)
4. ADM (Archer Daniels Midland Company)
5. RETRN Bio
6. Ecovia Renewables
7. NatureWorks LLC (Minnetonka, Minnesota, USA)
Europe
8. Corbion N.V. (Amsterdam, Netherlands)
9. Total Corbion PLA (Gorinchem, Netherlands)
10. Biome Bioplastics Ltd. (Southampton, United Kingdom)
11. Marine Biopolymers
12. Solanyl Biopolymers
13. Rodenburg Biopolymers
14. Biopolymer Solutions
APAC
15. Mitsubishi Chemical Corporation (Tokyo, Japan)
16. Tianjin GreenBio Materials Co., Ltd. (Tianjin, China)
17. Jiangsu Torise Biomaterials Co., Ltd. (Jiangsu, China)
18. Suzhou Hanbang Biomaterials Co., Ltd. (Suzhou, China)
19. Tianan Biologic Material Co., Ltd. (Tianjin, China)
20. Jiangsu Tiansheng New Materials Co., Ltd. (Jiangsu, China)
21. SKYi FKuR Biopolymers
Middle East & Africa
22. Saudi Polymers Company
23. Polymeron
24. Eagle Chemicals Group
South America
25. Polynatural
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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