Global Biopolymers Market Growth 2023-2029

Global Biopolymers Market Growth 2023-2029

Biopolymers are polymeric biomolecules. Biopolymers contain monomeric units, which covalently bond to form larger structures. Based on monomeric units used and the structure of the biopolymer, there are three main classes of biopolymers namely polynucleotides (RNA and DNA), polypeptides and polysaccharides. These biopolymers are renewable, sustainable, carbon neutral, biodegradable, and compostable.

LPI (LP Information)' newest research report, the “Biopolymers Industry Forecast” looks at past sales and reviews total world Biopolymers sales in 2022, providing a comprehensive analysis by region and market sector of projected Biopolymers sales for 2023 through 2029. With Biopolymers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biopolymers industry.

This Insight Report provides a comprehensive analysis of the global 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 Biopolymers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biopolymers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Biopolymers.

The global Biopolymers market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Various factors are driving the inclination toward bioplastics. Consumers are expressing improved attentiveness in green products, healthier lifestyles along with restoring the environment. Consequently, businesses are reacting to government agencies, Non-Governmental Organizations (NGOs) and consumer demands for more eco-friendly products instigating the use of bioplastic instead of conventional polymers. Recently there is an increasing demand for environmentally friendly products in various applications such as packaging, textiles, automotive and more. Following this trend, many companies are coming forward with the introduction of eco-friendly bioplastics made up of natural feed stocks such as starch obtained from potatoes, sugarcane and more. Packaging is the major application served by bioplastics. Rigid plastic packaging find its use in products such as bottles and jars made from PET, which is the most extensively used resin

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

Market Segmentation:

Segmentation by type
PLA
PHA
Biodegradable Starch Blends
Biodegradable Polyesters
Bio-PE
Bio-PET

Segmentation by application
Packaging and Food Services
Agriculture and Horticulture
Consumer Goods
Automotive

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.
Arkema
BASF
NatureWorks
Novamont
Plantic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biopolymers market?

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

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

How do Biopolymers market opportunities vary by end market size?

How does 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.