openPR Logo
Press release

Commercial Beverage Blender Market - Global Industry Analysis, Size, Share, Growth, Trends, Forecast 2024

02-10-2017 12:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR

Commercial Beverage Blender Market - Global Industry Analysis,

A plastic material can be called as ‘bioplastic’ if it is either bio-based, biodegradable, or possesses both the properties. The term ‘bio-based’ means that the material or product is (partly) a resultant of biomass (plants). Biomass used for bioplastics is produced from the stems of crops, such as corn or sugarcane.

Biodegradation refers to a chemical process under which microorganisms that are present in the environment transform materials into natural substances, such as water, carbon dioxide and compost.

However, users are often not clear with the term ‘biodegradation.’ A bioplastic called ‘polylactic acid’ is derived from the plant feedstock and is not biodegradable. This proves that bioplastics are not always biodegradable. However, PET bio-plastic is recyclable just like PET made from natural gas and oil feedstock, as they are chemically the same.

Get PDF Brochure for more Professional and Technical industry insights:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19346

Bioplastic packaging refers to use of bioplastics in packaging materials. The global bioplastics packaging market is expected to witness a strong growth owing to the increasing consumer awareness about nature friendly products and changing inclination of consumers towards sustainable products. Other growth drivers for the bioplastic packaging market include increased focus on sustainable packaging by brand owners and retail companies, global rise in implementation of plastic bag bans, etc.

However, the complications associated with the production of bioplastic packaging materials through agro-based raw materials, coupled with the increasing production of crude oil and natural gas in the Middle East and Russia (leading to reduced oil prices), is anticipated to pose a threat to the overall growth of the bioplastic packaging market over the forecast period. Other factors which could hamper the market growth include high cost of biodegradable plastics as compared to petro plastics, as well as performance, durability, and quality concerns.

The bioplastics packaging market can be segmented on the basis of end use industry into food and beverages, pharmaceuticals industry, electronics, and others. On the basis of material type, the market can be segmented into bio-PET, PLA and blends, starch blends, bio-PE, and others. On the basis of product type, the market can be segmented as flexible packaging and rigid packaging.

In terms of geography, Europe is expected to be largest market for biodegradable plastics, in view of the strict government regulations against usage of non-recyclable plastic in the region. The European government has been taking major steps for increasing the usage of bio-based products for sustainable environment. Even the Government of India (GoI) has also been taking measures against the usage of plastic bags, which in turn is expected to have a positive impact on growth of the global bioplastics packaging market. The market in Europe is anticipated to be followed by the Asia Pacific market, due to presence of a large consumer base and awareness about bioplastic materials in the region.

Key players in the bioplastics packaging market include BASF, Novamont, Arkema, Natureworks, Braskem, Acetati, Albis Plastics, Bayer Material Science, Biome Bioplastics, Biopearls, Innova Films, and IFS chemicals. Majority of the key players in the market are currently focusing on making the best use of bioplastics to come up innovative packaging ideas.

Mergers and acquisitions has been a recent trend adopted by major players in the bio plastic market. For instance, in 2014, Novamont (Italy) acquired 78% shares of JV Mater Biopolymer srl (Italy), and intended to purchase the remaining shares of the company in 2016. JV Mater Biopolymer srl owns a production facility at Patrica, Italy, which was quite popular at the global level, and an ideal plant for Novamont for production of its Orio B range of polyesters. These polymers are used to improve the technical, economic, and environmental characteristics of Master –Bi, Navomont’s range of biodegradable and compostable bioplastics.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Commercial Beverage Blender Market - Global Industry Analysis, Size, Share, Growth, Trends, Forecast 2024 here

News-ID: 434683 • Views: 773

More Releases from TMR

Chlorothalonil Market - Global Industry Analysis, Size, Share, Growth, Trends, a …
Chlorothalonil “Demand of Sustainable Agriculture” Agricultural sector is satisfying the need of the world by supplying food. It is one of the prominent sectors in the world. Chlorothalonil is a non-systematic fungicide and pesticide used to spray on crops to prevent them from disease and maintain their healthy life furthermore chlorothalonil is used as wood protectant to prevent the wood from decay due to which chlorothalonil is largely used in furniture
Ytterbium Fluoride Market - Global Industry Analysis, Size, Share, Growth, Trend …
Shifting Industries Preference Towards Specialty Chemicals Chemical industry has been major source of inventions from past half a decade where different types of chemicals are tested, tried and verified for future applications. Industrial application of chemicals such as ytterbium fluoride will likely to increase demand in near future. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6551 The major driving factor which proved to encourage use of ytterbium fluoride chemical as its usage in
Itaconic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and …
Itaconic Acid Market: Introduction & Definition Itaconic acid is a bio based product, also identified as methyl succinic acid, it is first obtained by distillation of citric acid that is an organic compound which is used for the production of acrylate latexes and acrylonitrile butadiene. The market of Itaconic acid is niche in nature owing to its limited consumption in various end use industries on account of availability of large number
Oleochemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and …
Oleochemicals are obtained from various plant and animal fats. Various sources of oleochemicals includes natural raw materials such as, castor oil, soybean oil, vegetable, petrochemical feedstock and also from animal oils & fats. Oleochemicals are witnessed to gain popularity as they can act a substitute for the petroleum-derived products. The growing environment concerns can be a prominent factor for the adoption of biodegradable chemicals, which intends to fuel the growth

All 5 Releases


More Releases for PET

Recycled PET Market Share, Recycled PET Market Size, Recycled PET Market Trends, …
Scope of the Report: This study provides an overview of the global recycled PET market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for
Pet Clothing Market Is Booming Worldwide | Pet Factory Company, HUNTER
HTF MI recently introduced Global Pet Clothing Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Organic Apparel USA, Thai Son S.P Co., Ltd, Pet Factory Company,
Global Pet Product Market Segment by Type - Pet Food Products, Pet Drug Products …
Researchmoz added Most up-to-date research on "Global Pet Product Market Segment by Type - Pet Food Products, Pet Drug Products, Pet Health Products, Pet Feeding Products and Pet Clothing Products" to its huge collection of research reports. This report studies the global Pet Product market, analyzes and researches the Pet Product development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top
Pet Guardian App - Keeps Your Pet Healthy and Safe
One of the first things you need to do is to ensure that your pet is eating nutritious and healthy food. There are quite a number of good quality pet food brands to choose from. It's just as important to know what you should not be feeding your pet. These all types of information you will get easily through our Pet Guardian App, as there are cases where the food
Pet Health Products Market
A pet or companion animal is an animal kept primarily for one's company, protection, or entertainment. Popular pets are regularly noted for their attractive appearances and their loyal or playful personalities. While dogs and cats are the most preferred pet animals, people also keep house rabbits, fancy rats, guinea pigs, parrots, chickens, and aquatic pets. The trend of pet adoption and keeping is gaining rapid traction across the globe. The
Pet Project Malaysia 2013
To be held on 23rd March, 2013 (from 9am to 6pm) at The British International School of Kuala Lumpur in association with Expatriate Lifestyle, Pet Project Malaysia is BACK and we are once again “Getting Active to Help Save Animals”. Created in 2011, this is an event to unify the community in supporting animal welfare by doing something FUN and proactive. This event is open to the public and we