Global Biopolymers Market worth 10.3 billion USD by 2021

Ceskaa Market Research has announced the addition of the "Global Biopolymers Market: 2016-2021" report to their offering.

The global market for biopolymers has been growing at a CAGR (2016-2021) of 16.7%, commensurate with the end user application industries. In value terms, the market is expected to grow from $4.2 billion in 2015 to $4.7 billion in 2016 at a year-on-year growth rate of 13.0%. In addition, the market is expected to grow at a five-year CAGR of 16.7% from 2016 to 2021, to reach $10.3 billion by the end of the forecast period.

Biopolymers are polymers that are biodegradable in nature. Environmental impact of plastic wastes is raising general concern as it results in toxic air pollution and limited availability of proper landfill sites. Also petroleum resources are increasingly becoming limited. Additionally, recycling methods for such waste are often expensive and energy-intensive. All these factors coupled with increasing public concern and favorable government initiative has stimulated the interest towards biopolymers.

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Biopolymers market has been assessed on types, industries and also by regions. Various types of biopolymers include Bio-PET; polyolefins such as Bio-PE and Bio-PP; PHA, PLA, PBS, Bio-polyamide; starch based biopolymers; cellulosics; and other type of biopolymers such as Bio-PTT, PBAT, Bio-PUR and biogums such as xanthan gum and gellan gum. Biopolymers have biodegradable and a few biopolymers are also compostable which makes them suitable for a lot of application in various industries.

Biopolymers are mostly used in packaging purposes which covers 64.5% of the overall market in value terms. Other industries where biopolymers are used includes fibers; agriculture; automotive; medical; electronics; building and construction; cosmetics; waste management; and oil industry.

This report also highpoints the suppliers landscape with a focus on major companies with profiles and SWOT analysis in detail.

The market is concentrated within the major players. However, the market is scattered in some regions due to categorized and uncategorized market. The market is expected to be driven by the positive attitude of the government and consumers towards a greener environment. North America, Asia-Pacific, and Europe will account for the major driving markets for biopolymers in the next five years until 2021.

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Metabolix Inc., BASF SE, Dupont, Kaneka Corp., Meredian Inc., Mitsubishi Chemical Corp., NatureWorks LLC, Novamont S.P.A., Durect Corp., Aduro Biopolymers LP, Helian Biopolymers B.V are the major global manufacturers of biopolymers.

The primary objective of this report is to offer an up-to-date information of current market, drivers, challenges, and company profile of the global biopolymers market. The objective of this research report is to measure the impact of both internal and external forces that are affecting the global biopolymers market currently and that will affect the industry for the next five-years.

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Ceskaa is a boutique market research company serving the global markets. We offer high quality market research reports on various industries. Our strong primary and secondary research team are committed to assure the best market research reports and precise market data for your consideration.

Ceskaa provide reports on 12 industries, which in are as follows:
1. Advanced Material
2. Automation & Control Process
3. Chemical
4. Consumer Goods
5. Electronics and Semiconductor
6. Energy and Power
7. Engineering & Manufacturing
8. Food & Beverage
9. Instrumentation & Sensors
10. IT & Telecom
11. Pharma & Healthcare
12. Plastics

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This release was published on openPR.