Biopolymers Market, by Product Type (Bio-PE, Polylactic Acid (PLA), Bio-based PET, Bio-polyesters, and Others), by Application (Packaging, Medical Implants, Automotive Interior, Seed Coating, and Others), by End User (Automotive, Agriculture, Packaging, Construction, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Conventional petroleum-based polymers are non-biodegradable and difficult to recycle. Moreover, the production of conventional plastics is associated with concerns such as greenhouse gas emissions. Therefore, the demand for sustainable polymeric material is increasing as a substitute for conventionally used polymers. Bio-based polymer is an eco-friendly solution, as the polymer can easily degrade.
Among end-user the packaging segment is expected to witness significant market share in the global biopolymers market. Biopolymers are mainly used in packaging applications. The packaging sector is witnessing increasing demand for plastics. For instance, according to the Plastics and Composites Sector Report (2015) of the Academy of Sciences Malaysia, worldwide plastic demand is expected to reach 600 million tons by 2050. Biopolymers are sustainable alternative to conventional plastics and are increasingly used in the packaging industry, which in turn, is expected to fuel the market growth over the forecast period.
Among regions, Europe accounted for a significant market share in 2021, owing to the increasing presence of key players in the region. For instance, in June 2021, BASF SE is a multinational chemical company. Consumer demand for natural cosmetics is growing rapidly, prompting personal care manufacturers to find eco-friendly alternatives to tried-and-true solutions. With the COSMOS-approved texturizing biopolymer Hydagen Clean, BASF SE now offers a natural alternative to synthetic polymers. Due to its low microbial count and rapid dissolution in both cold and hot water, Hydagen Clean is characterized not only by its high quality, but also by its ease of use.
Key features of the study:
This report provides an in-depth analysis of the global biopolymers market, market size (US$ million & million 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 an attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global biopolymers 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 include BASF SE, NatureWorks LLC, Braskem S.A., Novamont S.p.A., Du Pont, Plantic Technologies Ltd., Archer Daniels Midland Company, Danimer Scientific, Bio-on S.p.A., and Rodenburg Biopolymers B.V.
Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global biopolymers market report caters to various stakeholders in this industry including investors, suppliers, biopolymers manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biopolymers market
Detailed Segmentation:
Global Biopolymers Market, By Product Type:
Bio-PE
Polylactic Acid (PLA)
Bio-based PET
Bio-polyesters
Others
Global Biopolymers Market, By Application:
Packaging
Medical Implants
Automotive Interior
Seed Coating
Others
Global Biopolymers Market, By End User:
Automotive
Agriculture
Packaging
Construction
Others
Global Biopolymers Market, By Region:
North America
By Product Type:
Bio-PE
Polylactic Acid (PLA)
Bio-based PET
Bio-polyesters
Others
By Application:
Building & Construction
Automotive Components
Industrial & Consumer Products
By End User:
Automotive
Agriculture
Packaging
Construction
Others
By Country:
U.S
Canada
Latin America
By Product Type:
Bio-PE
Polylactic Acid (PLA)
Bio-based PET
Bio-polyesters
Others
By Application:
Packaging
Medical Implants
Automotive Interior
Seed Coating
Others
By End User:
Automotive
Agriculture
Packaging
Construction
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Product Type:
Bio-PE
Polylactic Acid (PLA)
Bio-based PET
Bio-polyesters
Others
By Application:
Packaging
Medical Implants
Automotive Interior
Seed Coating
Others
By End User:
Automotive
Agriculture
Packaging
Construction
Others
By Country:
Germany
U.K
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type:
Bio-PE
Polylactic Acid (PLA)
Bio-based PET
Bio-polyesters
Others
By Application:
Packaging
Medical Implants
Automotive Interior
Seed Coating
Others
By End User:
Automotive
Agriculture
Packaging
Construction
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa
By Product Type:
Bio-PE
Polylactic Acid (PLA)
Bio-based PET
Bio-polyesters
Others
By Application:
Packaging
Medical Implants
Automotive Interior
Seed Coating
Others
By End User:
Automotive
Agriculture
Packaging
Construction
Others
By Country/Region:
Middle East
Africa
Company Profiles
BASF SE
Company Overview
Product Portfolio
Key Strategies
Recent Developments
Future Plans
NatureWorks LLC
Braskem S.A.
Novamont S.p.A.
Du Pont
Plantic Technologies Ltd.
Archer Daniels Midland Company
Danimer Scientific
Bio-on S.p.A.
Rodenburg Biopolymers B.V.
“*” marked represents similar segmentation in other categories in the respective section.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook