Bioplastics Market, By Product Type (Bio-PET, Bio-PE, PLA and PLA Blends, Biodegradable Polyester, Starch Blends, Bio-PA, PHA, Others), By Application (Bottles, Other Packaging, Automotive, Consumer Goods, Food, Agriculture, Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Bioplastics are type of plastics which are derived from crops like corn, cellulose and sugarcane. High availability of favorable government policies and renewable feedstock which enabled manufacturers to adopt bio-based plastics. Surge in adoption of recyclable products and improvement in scope of bioplastics across end-user industries drive the growth of the bioplastics market.
Market Dynamics
The global bioplastics market has witnessed significant growth in recent past years, owing to the rising wide spread awareness among consumers regarding environmental safety and benefits of bioplastics are the key factors propelling growth in bioplastics market. Moreover, initiatives of regulatory bodies recommending adoptions of eco-friendly alternatives by the manufacturers, will further boost growth of the bioplastics market during the forecast period. This is expected to propel the growth of the bioplastics market in this region.
Major players in the global bioplastics market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries such as food & beverages, packaging, automotive, consumer goods, agriculture and others. This scenario is expected to fuel the market during the forecast period.
Key features of the study:
This report provides in-depth analysis of global bioplastics market size (US$ Billion and Thousand tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global bioplastics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes BASF SE, Braskem S.A., Koninklijke DSM N.V., Arkema S.A., Innovia Films, Ltd., Metabolix, Inc., NatureWorks, LLC,Novamont S.p.A., znd The Dow Chemical Company
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, product up-gradation, market expansion, and marketing tactics
The global bioplastics market report caters to various stakeholders in this industry including investors, suppliers, global bioplastics manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bioplastics market
Detailed Segmentation:
Global Bioplastics Market, By Product Type:
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
Global Bioplastics Market, By Application:
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Global Bioplastics Market, By Region:
North America
U.S.
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Canada
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Latin America
Brazil
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Mexico
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Rest of Latin America
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Europe
EU 5
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Benelux
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Nordic
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Rest of Europe
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Asia Pacific
China
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Japan
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
India
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Australia & New Zealand
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Rest of Asia Pacific
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Middle East & Africa
GCC
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
South Africa
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Other Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Rest of Middle East & Africa
By Product Type
Bio-PET
Bio-PE
PLA and PLA Blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Application
Bottles
Packaging
Automotive
Consumer Goods
Food
Agriculture
Others
Company Profiles
BASF SE*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Braskem S.A.
Koninklijke DSM N.V.
Arkema S.A.
Innovia Films, Ltd.
Metabolix, Inc.
NatureWorks, LLC
Novamont S.p.A.
The Dow Chemical Company
“*” marked represents similar segmentation in other categories in the respective.
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