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Biodegradable Polymers Market Globally to register highest growth by 2021

12-15-2016 02:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ZMR

Biodegradable Polymers Market Globally to register highest

The polymer which undergoes a significant change in chemical structure under specific environmental conditions is termed as biodegradable polymer. Characteristics of biodegradable polymers such as permeability, non-toxicity, high tensile, mechanical strength, and controlled rate of degradation make them highly effective in performance and a reliable source. Degradation process of biodegradable polymer includes various ecological or chemical processes such as enzymatic degradation, hydrolysis combination, and surface erosion.

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Biodegradable polymers are segmented based on their structure and occurrence. Based on the structure, the global biodegradable polymers market is classified as agro-polymers and biopolysters. Further, the agro-polymers segment is divided as polysaccharides, protein, collagen, gelatin, and gluten. The biopolyster segment is classified as polyhydroxybutyrate and polylactic acid, which are obtained by microbial and conventional synthesis. The end-use of the biodegradable polymers products are agriculture, textiles, healthcare, packaging, and electronics sectors.

Growing industrialization and standardization of the packaging procedures and high implementation of biodegradable polymer is driving the market. The inclination towards eco-friendly materials in packaging industries as well as textiles are the driving factors of the biodegradable polymers market. Sustainable, recyclable, and nontoxic are the key elements for driving the consumer preference towards the biopolymer materials, thus boosting the growth of the biodegradable polymers market. Moreover, rising urbanization and lifestyle, health and environment awareness, and consumer preferences towards fresh and ready meals along with convenient packaging style are the vital factors impacting the growth of the global market positively. Increasing investment for this packaging revolution is leading the demand for the biodegradable polymer. High demand of biodegradable products in agriculture sector for films, plant pots, containers, and storage bags for fertilizers and chemicals is also an important end-user segment responsible for rising the demand of biodegradable polymers. High demand for biodegradable compounded in cosmetics, food and beverages as well as continuous efforts of the manufacturer to expand the range of quality products and technologies are the main drivers of the biodegradable polymers market. Wide application of biodegradable polymers in biomedical sectors as blood bags, catheters, syringes, and artificial organs are also fostering the demand for biodegradable polymer.

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Geographically, Europe is leading the global biodegradable polymers market due high demand from packaging industry and various establishments of various manufacturing units. Further, North America stands second in the market rankings due to significant growth of the polymer industry’s in region.

Some of the major players dominating the global biodegradable polymers market are BASF, Bio Corp. Inc., Biomer, Earthshell Corporation, Plaxica, Cereplast, Innovia Films Pvt. Ltd., Metabolix, Pyramid Bioplastics, Danimer Scientific, Galactic SA, Natureworks LLC, Polyone, Fkur Plastics Corp., and Purac America.

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Biodegradable Polymers Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

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Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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