Bioplastics in Asia-Pacific
Summary
Bioplastics in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Bioplastics are a type of plastic material that is derived from renewable sources such as plants, agricultural by-products, and microorganisms. These materials are used as alternatives to traditional plastics, which are made from fossil fuels. Bioplastics are manufactured using biological materials and processes, making them more sustainable and environmentally friendly.
- The Asia-Pacific bioplastics market recorded total revenues of $4,163 million in 2023, representing a compound annual growth rate (CAGR) of 9.3% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 9.9% between 2018 and 2023, reaching 1,800.6 thousand tonnes in 2023.
- The Asia-Pacific bioplastic market accounted for 40.2% of the global bioplastic market in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bioplastics market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bioplastics market in Asia-Pacific
- Leading company profiles reveal details of key bioplastics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific bioplastics market with five year forecasts
- What was the size of the Asia-Pacific bioplastics market by value in 2023?
- What will be the size of the Asia-Pacific bioplastics market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific bioplastics market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's bioplastics market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the key strengths of the leading players?
- 7.3. What are the government initiatives in this market in 2023?
- 8 Company Profiles
- 8.1. Corbion N.V.
- 8.2. BASF SE
- 8.3. Shanghai Zijiang Enterprise Group Co Ltd
- 8.4. Mitsubishi Chemical Group Corporation
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- About GlobalData
- List of Tables
- Table 1: Asia-Pacific bioplastics market value: $ million, 2018-23
- Table 2: Asia-Pacific bioplastics market volume: thousand tonnes, 2018-23
- Table 3: Asia-Pacific bioplastics market category segmentation: % share, by value, 2018-2023
- Table 4: Asia-Pacific bioplastics market category segmentation: $ million, 2018-2023
- Table 5: Asia-Pacific bioplastics market geography segmentation: $ million, 2023
- Table 6: Asia-Pacific bioplastics market value forecast: $ million, 2023-28
- Table 7: Asia-Pacific bioplastics market volume forecast: thousand tonnes, 2023-28
- Table 8: Corbion N.V.: key facts
- Table 9: Corbion N.V.: annual financial ratios
- Table 10: Corbion N.V.: key employees
- Table 11: BASF SE: key facts
- Table 12: BASF SE: annual financial ratios
- Table 13: BASF SE: key employees
- Table 14: BASF SE: key employees Continued
- Table 15: Shanghai Zijiang Enterprise Group Co Ltd: key facts
- Table 16: Shanghai Zijiang Enterprise Group Co Ltd: annual financial ratios
- Table 17: Shanghai Zijiang Enterprise Group Co Ltd: key employees
- Table 18: Mitsubishi Chemical Group Corporation: key facts
- Table 19: Mitsubishi Chemical Group Corporation: annual financial ratios
- Table 20: Mitsubishi Chemical Group Corporation: key employees
- Table 21: Mitsubishi Chemical Group Corporation: key employees Continued
- Table 22: Mitsubishi Chemical Group Corporation: key employees Continued
- Table 23: Asia-Pacific exchange rate, 2019-23
- List of Figures
- Figure 1: Asia-Pacific bioplastics market value: $ million, 2018-23
- Figure 2: Asia-Pacific bioplastics market volume: thousand tonnes, 2018-23
- Figure 3: Asia-Pacific bioplastics market category segmentation: $ million, 2018-2023
- Figure 4: Asia-Pacific bioplastics market geography segmentation: % share, by value, 2023
- Figure 5: Asia-Pacific bioplastics market value forecast: $ million, 2023-28
- Figure 6: Asia-Pacific bioplastics market volume forecast: thousand tonnes, 2023-28
- Figure 7: Forces driving competition in the bioplastics market in Asia-Pacific, 2023
- Figure 8: Drivers of buyer power in the bioplastics market in Asia-Pacific, 2023
- Figure 9: Drivers of supplier power in the bioplastics market in Asia-Pacific, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the bioplastics market in Asia-Pacific, 2023
- Figure 11: Factors influencing the threat of substitutes in the bioplastics market in Asia-Pacific, 2023
- Figure 12: Drivers of degree of rivalry in the bioplastics market in Asia-Pacific, 2023
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