Press release
Bioplastic Market Worth 5.99 Billion USD by 2022
Market HighlightsGlobally, the market for Bioplastic Market is increasing due to various industries such as packaging, consumer goods, automotive industry and others. The growing segment is packaging due to Government’s drive towards achieving a ‘zero waste’ economy, through reducing waste and increasing recycling, has fostered an increased consciousness of resource efficiency. This awareness has indirectly promoted the use of bioplastic products.
As per analysis, emerging economies like China, U.S and are increasing production with rise in use of Bioplastic. APAC has seen as key market player in economy followed by North America, Europe and Row.
APAC will be the leading market
APAC will be the ruling market for global Bioplastic, accounting for USD 5.99 Billion and is expected to grow over USD 5.99 Billion by 2022. With rise in development of emerging economies can cause countries like China, India, Brazil to contribute more amount of share in this market.
North America, Europe and RoW are the growing market for Global Bioplastic Market and are expected to grow at CAGR of 12.10% respectively from 2016 to 2022.
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Key Players
The key players in market includes
• BASF SE,
• Braskem S.A.,
• Corbion NV,
• Metabolix Inc.,
• Bio-On S.P.A.,
• Novamont S.P.A,
• Toray Industries,
• Plantic Technologies Ltd,
• Natureworks LLC,
• Evonik Industries,
• Arkema.
Bio-plastics have the potential to become an integral part of most countries economy. Not only have the Bio-plastics fulfilled the efficient requirements that modern day society demands, but their applications contributes to the development of smart , sustainable and efficient future. Bioplastics are increasing with impressive growth rates, bioplastics have reached an established position in the number of application sectors from the packaging market to the automotive industry. Geographically, APAC holds a ruling market followed by North America and Europe,
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Table of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Bioplastic Market
5 Industry Overview Of Global Bioplastic Market
Continue……….
List of Table
Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Bioplastic Market: By Region, 2014-2022 (Usd Million)
Table 3 North America Bioplastic Market: By Country, 2014-2022 (Usd Million)
Table 4 Europe Bioplastic Market: By Country, 2014-2022 (Usd Million)
Table 5 Asia-Pacific Bioplastic Market: By Country, 2014-2022 (Usd Million)
Continue………
List of Figure
Figure 1 Global Bioplastic Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis Of Global Bioplastic Market
Figure 4 Value Chain Of Global Bioplastic Market
Figure 5 Share Of Global Bioplastic Market In 2014, By Country (In %)
Continue………..
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