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Bioplastics Market Size, Business Opportunities By Leading Players, Share, Development, Expansion, Merger, Acquisition, New Product Launches, and Pricing Analysis By Emergen Research

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. 

COVID-19 pandemic and its impact on the Bioplastics market and key segments is considered as a key contributor while formulating the market report. The report covers the present and future impact of the pandemic and offers a revenue estimation and a futuristic outlook of the market growth in a post-COVID-19 scenario. The report presents an extensive analysis of the emerging trends of the market and dynamic changes in the demand and supply chains.

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Key Highlights From The Report

  • In February 2018, Teijin Ltd. made an announcement about the development of a formable film, which is resistant to gasoline and produced from PLA NEXT® bioplastic to substitute chrome plating, adopted by Honda Lock Mfg. Co., Ltd. for use in the nonconductive door handles having smart-entry systems.
  • Non-biodegradable bioplastics contributed to a larger market share of around 60.0% in 2019, owing to its widespread usage attributed to its low cost, durability, and versatility. Polylactic acid (PLA) is the most widely used non-biodegradable bioplastic.
  • Polyethylene Furanoate (PEF), a biodegradable bioplastic, is currently under development and is estimated to be commercially available by 2023.

Key Companies Analyzed in the Report:

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

Global Bioplastics Market Segmentation:

The global Bioplastics market is a segmented market. The market segments are generated based on product types offered in the market, their applications, end-user industries, different types of technologies, and key regions of the market.

  • 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

The report begins with basic information about the market, such as definitions, applications, classifications, value chain analysis, among others, to facilitate a better understanding among the readers. The market offers a panoramic view of the industry through a thorough analysis of the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Detailed Analysis of the Regions of the Bioplastics Market Include Regions such as:

  • 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)

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

Key Features of the Report:

  • Comprehensive assessment of the COVID-19 impact on the growth of the Bioplastics market
  • Strategic recommendations to the key players and new entrants
  • Value chain analysis and pricing analysis of the Bioplastics market
  • Country-wise and region wise assessment of the market growth and market size
  • Growth forecast and revenue estimation of the Bioplastics market
  • Detailed assessment of key market drivers, restraints, growth prospects, and limitations
  • 8-year forecast of the global Bioplastics market

Global Bioplastics Market Report - Table of Contents:

Chapter 1. Market Definition and Scope

Chapter 2. Executive Summary

Chapter 3. Research Methodology

Chapter 4. Market Dynamics

Chapter 5. Regional Analysis

Chapter 6. Product Segmentation

Chapter 7. Application Spectrum

Chapter 8. End-user Landscape

Chapter 9. Competitive Landscape

Chapter 10. Appendix

To know more about the report @ https://www.emergenresearch.com/industry-report/bioplastics-market

Thank you for reading our report. For further inquiry about customization, kindly get in touch with us, and our team will make sure the report is best suited for your needs.

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