Global Bioplastics and Biopolymers Market Growth 2023-2029

Global Bioplastics and Biopolymers Market Growth 2023-2029

Biopolymers/bioplastics is a material for which at least a portion of polymer consists of material produced from biomaterials. It represent a new generation of plastics that reduces the impact on the environment, both in terms of energy consumption and the amount of greenhouse gas emissions.
LPI (LP Information)' newest research report, the “Bioplastics and Biopolymers Industry Forecast” looks at past sales and reviews total world Bioplastics and Biopolymers sales in 2022, providing a comprehensive analysis by region and market sector of projected Bioplastics and Biopolymers sales for 2023 through 2029. With Bioplastics and Biopolymers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bioplastics and Biopolymers industry.
This Insight Report provides a comprehensive analysis of the global Bioplastics and Biopolymers 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 Bioplastics and Biopolymers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bioplastics and Biopolymers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bioplastics and Biopolymers 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 Bioplastics and Biopolymers.
The global Bioplastics and Biopolymers market size is projected to grow from US$ 3631.2 million in 2022 to US$ 5931.4 million in 2029; it is expected to grow at a CAGR of 5931.4 from 2023 to 2029.
NatureWorks, Braskem, Arkema, Novamont, BASF and Kingfa are the main players in this industry. Among them, NatureWorks is the leader in the global market, and it accounted for 13% of the global revenue market share in 2019.
Production areas include North America, Europe, China and Japan. In 2019, the global Bioplastics and Biopolymers market is led by Europe with nearly 47%. USA is the second-largest region-wise market with about 24%.
In terms of product types, there are Starch Blends, PLA, Bio-PE, PBAT and Bio-PET. Starch Blends is the largest segment with a market share of nearly 28%, followed by PLA with 19%.
Bioplastics and biopolymers can be used in packing industry, consumer products, agriculture & horticulture, automotive industry. The packing industry accounted for about 56 per cent of the global market in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Bioplastics and Biopolymers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Starch Blends
PLA
Bio-PE
PBAT
Bio-PET
Others
Segmentation by application
Packing Industry
Consumer Products
Agriculture & Horticulture
Automotive Industry
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 analyzing the company's coverage, product portfolio, its market penetration.
NatureWorks
Braskem
Arkema
Novamont
BASF
Kingfa
DuPont
Mitsubishi
PSM
Zhejiang Hisun Biomaterials
FKuR
Corbion Total
Grabio
Danimer Scientific
Biome Bioplastics

Key Questions Addressed in this Report
What is the 10-year outlook for the global Bioplastics and Biopolymers market?
What factors are driving Bioplastics and Biopolymers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bioplastics and Biopolymers market opportunities vary by end market size?
How does Bioplastics and Biopolymers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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