Global Biomass Plastic Market Growth 2024-2030

Global Biomass Plastic Market Growth 2024-2030

Biomass plastic is a polymeric material chemically or biologically synthesized from renewable biomass resources. In other words, the raw material of biomass plastic is plant material that grows through photosynthesis using carbon dioxide.

Therefore, even if biomass plastics are incinerated and emit carbon dioxide, the total amount of carbon dioxide absorbed during growth and the total amount of carbon dioxide emitted during incineration is plus or minus zero, making them highly carbon neutral. Biomass plastics can be biodegradable or non-biodegradable.

Although not necessarily biodegradable, they are known as environmentally friendly plastics due to their carbon neutrality. Since there are various raw materials, chemical structures, manufacturing methods, and functions, it is important to understand the characteristics of each material before using the appropriate one.

The global Biomass Plastic market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Biomass Plastic Industry Forecast” looks at past sales and reviews total world Biomass Plastic sales in 2023, providing a comprehensive analysis by region and market sector of projected Biomass Plastic sales for 2024 through 2030. With Biomass Plastic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biomass Plastic industry.

This Insight Report provides a comprehensive analysis of the global Biomass Plastic landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biomass Plastic portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biomass Plastic market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biomass Plastic and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biomass Plastic.

United States market for Biomass Plastic is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Biomass Plastic is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Biomass Plastic is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Biomass Plastic players cover Applied Bioplastics, BioPlastic Solutions, LLC, KUREHA CORPORATION, Corbion, Shimazu Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Biomass Plastic market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Biodegradable Biomass Plastic
Non-Biodegradable Biomass Plastic

Segmentation by Application:
Packaging
Agricultural
Medical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Applied Bioplastics
BioPlastic Solutions, LLC
KUREHA CORPORATION
Corbion
Shimazu Corporation
AVATACK
Taisei Kako Co.,Ltd
Chukoh Chemical Industries,Ltd.
Kaneka Corporation
Light My Fire
Biome Bioplastics Limited

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biomass Plastic market?

What factors are driving Biomass Plastic market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biomass Plastic market opportunities vary by end market size?

How does Biomass Plastic break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.