Global Bioplastics Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2030
Ngày đăng: 24-08-2022 |
Ngày cập nhật: 24-08-2022
Emergen Research has recently added a new report titled Global Bioplastics Market that provides an extensive analysis of the Bioplastics market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments and The global bioplastics market size was USD 10.64 Billion in 2021 and is expected to register a revenue CAGR of 16.8% over the forecast period. Increase in demand for bioplastics from the automotive industry and demand for compostable plastics to improve soil quality are factors expected to support revenue growth of the market between 2022 and 2030.
The automotive industry's primary objective and challenge is to reduce fuel consumption and pollutants by reducing vehicle weight. Bioplastics are effective materials for achieving this purpose. These smart plastics, such as bio-PA and bio-PP, have been embraced by major vehicle manufacturers to reduce environmental impact and provide additional strength to automobile components. Thus, demand for these plastics in the automotive industry owing to their excellent properties is anticipated to create lucrative growth prospects for companies in the market.
Get a sample of the report @ https://www.emergenresearch.com/request-sample/169
The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are BASF SE, Natureworks LLC, Biome Bioplastics Limited, BIOTEC, Plantic Technologies Ltd, Mitsubishi Chemical Holdings Corporation, FUTERRO S.A., Danimer Scientific, Novamont S.p.A., and Green Dot Bioplastics, Inc.
Bioplastics Market Segmentation based on Type:
Biodegradable
Polybutylene Adipate Terephthalate (PBAT)
Polybutylene Succinate (PBS)
Polylactic Acid (PLA)
Polyhydroxyalkanoate (PHA)
Starch Blends
Others
Non-Biodegradable
Polyethylene (PE)
Polyamide (PA)
Polyethylene Terephthalate (PET)
Polyethylene Furanoate (PEF)
Polytrimethylene Terephthalate (PTT)
Polypropylene (PP)
Others.
Bioplastics Market Segmentation based on Application:
Packaging
Textile
Automotive & Transportation
Consumer Goods
Agriculture
Building & Construction
Others Request a discount on the report @ https://www.emergenresearch.com/request-discount/169
Regional Bifurcation of the Bioplastics Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report aims to provide a complete analysis of the global Bioplastics market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/bioplastics-market
Highlights of Table of Contents (TOC):
The biodegradable segment accounted for largest revenue share in 2021, owing to high demand from the packaging, textiles, agricultural, and consumer goods industries. These industries favor biodegradable varieties since they provide the required performance attributes while also being biologically sustainable.
Biodegradable bioplastics have many advantages, including lower carbon footprint, less energy usage, eco-friendly disposable solutions, and recyclability. Moreover, biodegradable bioplastics aid in the monitoring of petroleum reserves.
The packaging segment is expected to lead in terms of revenue growth rate during the forecast period. Increasing use of bioplastics in the production of compost bags, agricultural foils, nursery products, toys, horticultural items, and textiles is driving revenue growth of the segment.
Bioplastics are also used in the manufacturing of clingfilm, disposable cups, plates, bowls, and food containers. Development of food-grade bioplastics has increased the shelf life of food products, which drives their demand and boosts revenue growth of the segment.
The bioplastics market in Europe is expected to account for largest revenue share among other regional markets during the forecast period, due to the surging demand for bioplastics from several end-use industries such as packaging, textile, automotive & transport, agriculture, medical, and construction, among others. The region is observing increased investment in R&D and the rising production of bioplastics with producers focusing on expanding their production capacity to cater to consumers' growing demand.
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/169
Thank you for reading our report. For additional information on customization of the report, connect with us, and we will make sure you get a report tailored to your research needs.
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Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
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E-mail: sales@emergenresearch.com
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The automotive industry's primary objective and challenge is to reduce fuel consumption and pollutants by reducing vehicle weight. Bioplastics are effective materials for achieving this purpose. These smart plastics, such as bio-PA and bio-PP, have been embraced by major vehicle manufacturers to reduce environmental impact and provide additional strength to automobile components. Thus, demand for these plastics in the automotive industry owing to their excellent properties is anticipated to create lucrative growth prospects for companies in the market.
Get a sample of the report @ https://www.emergenresearch.com/request-sample/169
The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are BASF SE, Natureworks LLC, Biome Bioplastics Limited, BIOTEC, Plantic Technologies Ltd, Mitsubishi Chemical Holdings Corporation, FUTERRO S.A., Danimer Scientific, Novamont S.p.A., and Green Dot Bioplastics, Inc.
Bioplastics Market Segmentation based on Type:
Biodegradable
Polybutylene Adipate Terephthalate (PBAT)
Polybutylene Succinate (PBS)
Polylactic Acid (PLA)
Polyhydroxyalkanoate (PHA)
Starch Blends
Others
Non-Biodegradable
Polyethylene (PE)
Polyamide (PA)
Polyethylene Terephthalate (PET)
Polyethylene Furanoate (PEF)
Polytrimethylene Terephthalate (PTT)
Polypropylene (PP)
Others.
Bioplastics Market Segmentation based on Application:
Packaging
Textile
Automotive & Transportation
Consumer Goods
Agriculture
Building & Construction
Others Request a discount on the report @ https://www.emergenresearch.com/request-discount/169
Regional Bifurcation of the Bioplastics Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report aims to provide a complete analysis of the global Bioplastics market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/bioplastics-market
Highlights of Table of Contents (TOC):
The biodegradable segment accounted for largest revenue share in 2021, owing to high demand from the packaging, textiles, agricultural, and consumer goods industries. These industries favor biodegradable varieties since they provide the required performance attributes while also being biologically sustainable.
Biodegradable bioplastics have many advantages, including lower carbon footprint, less energy usage, eco-friendly disposable solutions, and recyclability. Moreover, biodegradable bioplastics aid in the monitoring of petroleum reserves.
The packaging segment is expected to lead in terms of revenue growth rate during the forecast period. Increasing use of bioplastics in the production of compost bags, agricultural foils, nursery products, toys, horticultural items, and textiles is driving revenue growth of the segment.
Bioplastics are also used in the manufacturing of clingfilm, disposable cups, plates, bowls, and food containers. Development of food-grade bioplastics has increased the shelf life of food products, which drives their demand and boosts revenue growth of the segment.
The bioplastics market in Europe is expected to account for largest revenue share among other regional markets during the forecast period, due to the surging demand for bioplastics from several end-use industries such as packaging, textile, automotive & transport, agriculture, medical, and construction, among others. The region is observing increased investment in R&D and the rising production of bioplastics with producers focusing on expanding their production capacity to cater to consumers' growing demand.
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/169
Thank you for reading our report. For additional information on customization of the report, connect with us, and we will make sure you get a report tailored to your research needs.
Latest Blog Articles Published by Emergen Research:
automated breast ultrasound market: https://www.emergenresearch.com/industry-report/automated-breast-ultrasound-market
flexible sigmoidoscopy market: https://www.emergenresearch.com/industry-report/flexible-sigmoidoscopy-market
infectious disease rapid diagnostic testing market: https://www.emergenresearch.com/industry-report/infectious-disease-rapid-diagnostic-testing-market
virtual cardiology market: https://www.emergenresearch.com/industry-report/virtual-cardiology-market
unmanned composite materials market: https://www.emergenresearch.com/industry-report/unmanned-composite-materials-market
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
