Global Marine Biopolymer Market 2023-2027
The marine biopolymer market is forecasted to grow by USD 1,411.84 mn during 2022-2027, accelerating at a CAGR of 9.07% during the forecast period. The report on the marine biopolymer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emerging applications from end-user industries, increasing demand for bioplastic packaging from the food and beverage industry, and increasing focus on sustainable polymer solutions.
Technavio's marine biopolymer market is segmented as below:
By End-user
- Water treatment
- Food and beverage
- Cosmetics
- Pharmaceutical and biomedical
- Others
By Source
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing application of marine biopolymers in theranostic applications as one of the prime reasons driving the marine biopolymer market growth during the next few years. Also, use of marine biopolymers for treating skin and soft tissue diseases and rising use of marine biopolymer in tissue engineering will lead to sizable demand in the market.
The report on the marine biopolymer market covers the following areas:
- Marine biopolymer market sizing
- Marine biopolymer market forecast
- Marine biopolymer market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading marine biopolymer market vendors that include Arkema Group, BASF SE, Bio on SpA, Biome Bioplastics Ltd., Cargill Inc., Corbion nv, Danimer Scientific Inc., Givaudan SA, Ingredion Inc., J M Huber Corp., Koninklijke DSM NV, Marinova Pty Ltd., Mitsubishi Chemical Corp., Novamont S.p.A., Oceanium Ltd., Rodenburg Biopolymers B.V., Seagarden AS, Seaweed Solutions AS, Tate and Lyle PLC, and Acadian Seaplants Ltd.. Also, the marine biopolymer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.