Bioplastics Market Size, Share, Regional Trend, Future Growth, Leading Players Updates, Industry

Market Size – USD 10.64 Billion in 2021, Market Growth – at a CAGR of 16.8%, Market Trends – Surging demand for bioplastics in additive manufacturing

Bioplastics Market Forecast to 2030

The Global Bioplastics Market research report is a detailed document outlining the recent advancements and developments in the Bioplastics business sphere considering 2019 as the base year and 2022-2030 as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale. The report studies the impact of the COVID-19 pandemic on the Bioplastics market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions.  The global bioplastics market size was USD 10.64 Billion in 2021 and is expected to register a revenue CAGR of 16.8% over the forecast period, according to the latest analysis by Emergen Research. Increase in demand for bioplastics from the automotive industry and demand for compostable plastics to improve soil quality are factors expected to support revenue growth of the market between 2022 and 2030. 

The automotive industry's primary objective and challenge is to reduce fuel consumption and pollutants by reducing vehicle weight. Bioplastics are effective materials for achieving this purpose. These smart plastics, such as bio-PA and bio-PP, have been embraced by major vehicle manufacturers to reduce environmental impact and provide additional strength to automobile components. Thus, demand for these plastics in the automotive industry owing to their excellent properties is anticipated to create lucrative growth prospects for companies in the market. The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.

To download PDF sample of the report, visit a site @ https://www.emergenresearch.com/request-sample/169

Some Key Highlights of the Report:

  • The biodegradable segment accounted for largest revenue share in 2021, owing to high demand from the packaging, textiles, agricultural, and consumer goods industries. These industries favor biodegradable varieties since they provide the required performance attributes while also being biologically sustainable. Biodegradable bioplastics have many advantages, including lower carbon footprint, less energy usage, eco-friendly disposable solutions, and recyclability. Moreover, biodegradable bioplastics aid in the monitoring of petroleum reserves.
  • The packaging segment is expected to lead in terms of revenue growth rate during the forecast period. Increasing use of bioplastics in the production of compost bags, agricultural foils, nursery products, toys, horticultural items, and textiles is driving revenue growth of the segment. Bioplastics are also used in the manufacturing of clingfilm, disposable cups, plates, bowls, and food containers. Development of food-grade bioplastics has increased the shelf life of food products, which drives their demand and boosts revenue growth of the segment.
  • The bioplastics market in Europe is expected to account for largest revenue share among other regional markets during the forecast period, due to the surging demand for bioplastics from several end-use industries such as packaging, textile, automotive transport, agriculture, medical, and construction, among others. The region is observing increased investment in RD and the rising production of bioplastics with producers focusing on expanding their production capacity to cater to consumers' growing demand. Besides, stringent regulatory norms to limit the use of synthetic polymer, in turn, would drive the demand for bioplastics.

The global Bioplastics market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Bioplastics industry is witnessing an expansion and change of dynamics owing to the entry of several new players.

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Get full study on Bioplastics Market Research Report, visit a site @ https://www.emergenresearch.com/industry-report/bioplastics-market

List of Key Players Mentioned in the Bioplastics Market Research Report:

BASF SE, NatureWorks, Biome Plastics, Braskem, Biotec, Total Corbion, Plantic Technologies, Mitsubishi Chemical Holdings Corporation, Novamont SPA, and Toray Industries

Get Up to more Discount for minimum time on Bioplastics industry full report @ https://www.emergenresearch.com/request-discount/169

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Market Overview:

The report bifurcates the Bioplastics market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2019-2030)

    • Biodegradable
      1. Polybutylene Adipate Terephthalate (PBAT)
      2. Polybutylene Succinate (PBS)
      3. Polylactic Acid (PLA)
      4. Polyhydroxyalkanoate (PHA)
      5. Starch Blends
      6. Others
  • Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)

    • Online
    • Offline
  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Packaging
    • Textile
    • Automotive Transportation
    • Consumer Goods
    • Agriculture
    • Building Construction
    • Others

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/169

 Thank you for reading our report. For further queries, please connect with us, and our team will provide you the report best suited to your requirements.

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Related Links

http://rea-awards.ru/r.php?go=https://www.emergenresearch.com/industry-report/healthcare-it-integration-market

http://allfilm.net/go?https://www.emergenresearch.com/industry-report/risk-based-monitoring-software-market

https://fishki.net/click?https://www.emergenresearch.com/industry-report/next-generation-implants-market

https://arctic.nyheter24.se/rdb/nyheter24_eed6ad4b451f2fb8193922f832bc91ed/5?url=https://www.emergenresearch.com/industry-report/next-generation-display-materials-market

https://www.pennergame.de/redirect/?site=https://www.emergenresearch.com/industry-report/cognitive-assessment-and-training-market

https://www.ehpa.org/index.php?id=901rid=P_86mid=335jumpurl=https://www.emergenresearch.com/industry-report/driver-monitoring-systems-market

http://sys.labaq.com/cli/go.php?s=lbacp=1410jtt=02url=https://www.emergenresearch.com/industry-report/metamaterials-market

http://shop-rank.com/01-09/rl_out.cgi?id=atorieurl=https://www.emergenresearch.com/industry-report/interventional-cardiology-market


Ravi Thakre

65 ブログ 投稿

コメント