Global Bioplastics Market Report Forecast to 2027

The global bioplastics market is projected to be worth USD 25.27 Billion by 2027, according to a current analysis by Emergen Research. The bioplastics market is experiencing rapid growth attributed to its increasing demand in end-use applications, such as packaging, textile, automotive & transportation, consumer goods, agriculture, and building & construction. Besides, supportive government initiatives and offering subsidies to promote the growth of bioplastics are driving the market's growth. In 2018, the Japanese Ministry of Environment made an announcement for the inclusion of USD 45.0 million/JPY 5.0 Billion in the FY2019 budget for developing products manufactured from bio-plastics and provide subsidies to firms that make paper substitutes to plastic.

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Competitive Landscape:

The global Bioplastics industry is highly consolidated due to the presence of powerful market competitors across several regional and local segments of the Bioplastics market. These players are said to dominate the industry owing to their strong geographical reach and large production facilities. These companies are said to be in high competition with one another in terms of technological capabilities, product development and innovation, and product pricing strategies.

Prominent Players Profiled in the Bioplastics Market:

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

The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.

• Type Outlook (Revenue, USD Billion; 2017-2027)
  • Biodegradable
    1. Polybutylene Adipate Terephthalate (PBAT)
    2. Polybutylene Succinate (PBS)
    3. Polylactic Acid (PLA)
    4. Polyhydroxyalkanoate (PHA)
    5. Starch Blends
    6. Others

• • Non-Biodegradable
    1. Polyethylene (PE)
    2. Polyamide (PA)
    3. Polyethylene Terephthalate (PET)
    4. Polytrimethylene Terephthalate (PTT)
    5. Polypropylene (PP)
    6. Others

• Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
  • Online
  • Offline

• Application Outlook (Revenue, USD Billion; 2017-2027)
  • Packaging
  • Textile
  • Automotive & Transportation
  • Consumer Goods
  • Agriculture
  • Building & Construction
  • Others

Major Geographies Encompassed in the Report:

• 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)

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Summary of the Global Bioplastics Report:

• Comprehensive analysis of the market including risks and opportunities
• Details of business strategies and plans undertaken by key market players
• Analysis of current and future trends that will affect the growth of the market in the forecast timeline
• In-depth analysis of drivers and constraints for better understanding of the market
• The report encompasses a detailed forecast for the years 2020-2027.
• The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline.

Highlights of the Table of Contents:

1. Report Overview 
   1.1 Research Scope
   1.2 Key Bioplastics market segments
   1.3 Major players
   1.4 Market analysis by product type
   1.5 Market analysis by application
   1.6 Report timeline
2. Global Growth Trends
   2.1 Global Bioplastics market size
   2.2 Latest trends of the Bioplastics market by region
   2.3 Key growth trends
3. Competitive Outlook
   3.1 Global Bioplastics market key players
   3.2 Global Bioplastics size by manufacturers
   3.3 Products of major players
   3.4 Entry barriers in the Bioplastics market
   3.5 Mergers, acquisitions, joint ventures, and strategic alliances
4. Bioplastics Market by product type

4.1 Global Bioplastics Sales by Product

4.2 Global Bioplastics by Product Revenue

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