Bio plastics and Biopolymers Market Global Industry Analysis Forecast 2017 - 2025
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In terms of product type the Bio plastics and Biopolymers market has been has been segmented into Bio-PET, Bio-PE, PLA, PHA, Starch Blends, Biodegradable polyster and Regenerated Cellulose among others. Moreover, in terms of end user industry, the Bio plastics and Biopolymers market has been segmented into packaging industry, bottling industry, agricultural industry, automotive industry and consumer products among others. Furthermore, in terms of geography, the Bio plastics and Biopolymers market has been segmented into five geographies namely North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America.
Increased usage of Bio plastics and Biopolymers as consumer products and increase in investment on agricultural industry by the key vendors across the globe has contributed to the growth of Bio plastics and Biopolymers market. Moreover, the concept of smart cities and smart buildings and connected cities are also going to drive the demand in Bio plastics and Biopolymers market. Due to these concept there is an increase in demand of Bio plastics and Biopolymers for waste and water management and renewable energy management among others. Increased awareness and stringent laws across the globe, has increased the demand of Bio plastics and Biopolymers. Also frequent price fluctuation of petroleum is also contributing to the growth of the Bio plastics and Biopolymers market. Important factor is that this is recyclable, environment friendly and exhibits similar properties as petroleum based PET. Increase in demand of ecofriendly bio based polymer packaging is actually boosting up the growth of Bio plastics and Biopolymers market. Large and smooth distribution network along with strong distribution partner has led to the growth of increase in demand of Bio plastics and Biopolymers market. Rising concern for green environment and environmental safety has compelled the governments of various developed and developing nations to take safety measures which in turn has increased the usage and demand of Bio plastics and Biopolymers market significantly.
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By geography, Bio plastics and Biopolymers market has been segmented into five regions as North America, Europe, Asia-Pacific (APAC), South America and Middle East and Africa (MEA). Europe is the dominant segment in the global Bio plastics and Biopolymers market followed by Asia-Pacific and North America. In terms of revenue and market share, Europe leads the market globally. Russia is estimated to witness the highest CAGR in the European market. Expansion of the agriculture and packaging industry and rise of regional players has led to the expansion of the Bio plastics and Biopolymers market. South Korea, China, Japan are expanding consistently in the Bio plastics and Biopolymers market... The U.S. is among the leading contributors to the North America Bio plastics and Biopolymers market.
The top players in the market include the key players, manufacturers, raw material suppliers and end users in the global Bio plastics and Biopolymers market such as BASF SE, Eastman Chemical Company, Solvay SA, Celanese Corporation, and many others. The manufacturers include various companies such as Braskem SA (Brazil), Corbion NV (Netherlands), BASF SE (Germany), Metabolix Holdings Group Inc. (U.S.), Nature Works LLC (U.S.) and others. The end users include industries such as packaging, agriculture, automotive, consumer products, and many others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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