Bioplastics in China
Summary
Bioplastics in China 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 Chinese bioplastics market recorded total revenues of $2,612.4 million in 2023, representing a compound annual growth rate (CAGR) of 8.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 9.4% between 2018 and 2023, reaching 1,012.1 thousand Tonnes in 2023.
- The Chinese market accounted for 62.8% of the Asia-Pacific bioplastics 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 China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bioplastics market in China
- 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 China bioplastics market with five year forecasts
- What was the size of the China bioplastics market by value in 2023?
- What will be the size of the China bioplastics market in 2028?
- What factors are affecting the strength of competition in the China bioplastics market?
- How has the market performed over the last five years?
- Who are the top competitors in China'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 strategies do the leading players follow?
- 7.4. What are the most recent notable developments of the leading players?
- 8 Company Profiles
- 8.1. Kingfa Science and Technology Co Ltd
- 8.2. Shanghai Zijiang Enterprise Group Co Ltd
- 8.3. Eastman Chemical Company
- 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: China bioplastics market value: $ million, 2018-23
- Table 2: China bioplastics market volume: thousand tonnes, 2018-23
- Table 3: China bioplastics market category segmentation: % share, by value, 2018-2023
- Table 4: China bioplastics market category segmentation: $ million, 2018-2023
- Table 5: China bioplastics market geography segmentation: $ million, 2023
- Table 6: China bioplastics market value forecast: $ million, 2023-28
- Table 7: China bioplastics market volume forecast: thousand tonnes, 2023-28
- Table 8: Kingfa Science and Technology Co Ltd: key facts
- Table 9: Kingfa Science and Technology Co Ltd: annual financial ratios
- Table 10: Kingfa Science and Technology Co Ltd: key employees
- Table 11: Shanghai Zijiang Enterprise Group Co Ltd: key facts
- Table 12: Shanghai Zijiang Enterprise Group Co Ltd: annual financial ratios
- Table 13: Shanghai Zijiang Enterprise Group Co Ltd: key employees
- Table 14: Eastman Chemical Company: key facts
- Table 15: Eastman Chemical Company: annual financial ratios
- Table 16: Eastman Chemical Company: key employees
- Table 17: China size of population (million), 2019-23
- Table 18: China gdp (constant 2005 prices, $ billion), 2019-23
- Table 19: China gdp (current prices, $ billion), 2019-23
- Table 20: China inflation, 2019-23
- Table 21: China consumer price index (absolute), 2019-23
- Table 22: China exchange rate, 2019-23
- List of Figures
- Figure 1: China bioplastics market value: $ million, 2018-23
- Figure 2: China bioplastics market volume: thousand tonnes, 2018-23
- Figure 3: China bioplastics market category segmentation: $ million, 2018-2023
- Figure 4: China bioplastics market geography segmentation: % share, by value, 2023
- Figure 5: China bioplastics market value forecast: $ million, 2023-28
- Figure 6: China bioplastics market volume forecast: thousand tonnes, 2023-28
- Figure 7: Forces driving competition in the bioplastics market in China, 2023
- Figure 8: Drivers of buyer power in the bioplastics market in China, 2023
- Figure 9: Drivers of supplier power in the bioplastics market in China, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the bioplastics market in China, 2023
- Figure 11: Factors influencing the threat of substitutes in the bioplastics market in China, 2023
- Figure 12: Drivers of degree of rivalry in the bioplastics market in China, 2023
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