The global bioplastics market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for bioplastics in various applications such as packaging industry, automotive industry, and bottles manufacturing. Bioplastics are made from renewable resources such as corn starch or sugarcane which are abundantly available in the world. These materials have a lower carbon footprint than conventional plastics and can be recycled easily without any loss of quality. The global bioplastics market is segmented on the basis of type into BiPET, BiPE, Starch Blends, PLA and PHA; on the basis of application into packing industry and automotive industry; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA). The APAC region is expected to witness significant growth during the forecast period owing to its high population density coupled with rapid economic development in countries such as China and India.
Some Of The Growth Factors Of This Market:
- Bioplastics are made from renewable resources such as corn, sugarcane, and other plant-based materials.
- Bioplastics are biodegradable and compostable in a commercial composting facility or backyard composter.
- Bioplastics can be recycled with traditional plastics in a recycling facility to make new products.
- The production of bioplastic is carbon neutral because it does not release any greenhouse gases into the atmosphere during its production.
- The use of bioplastic reduces the need for petroleum-based plastics which can be harmful to the environment.
Industry Growth Insights published a new data on “Bioplastics Market”. The research report is titled “Bioplastics Market research by Types (Bio-PET, Bio-PE, Starch Blends, PLA, PHA, Others), By Applications (Packing Industry, Automotive Industry, Bottles Manufacturing, Others), By Players/Companies Braskem, NatureWorks, Novamont, BASF, Corbion, PSM, DowDuPont, Arkema, Kingfa, FKuR, Biomer, Zhejiang Hisun Biomaterials, PolyOne, Grabio, Danimer Scientific, Myriant, Mitsubishi, Biome Bioplastics”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bioplastics Market Research Report
By Type
Bio-PET, Bio-PE, Starch Blends, PLA, PHA, Others
By Application
Packing Industry, Automotive Industry, Bottles Manufacturing, Others
By Companies
Braskem, NatureWorks, Novamont, BASF, Corbion, PSM, DowDuPont, Arkema, Kingfa, FKuR, Biomer, Zhejiang Hisun Biomaterials, PolyOne, Grabio, Danimer Scientific, Myriant, Mitsubishi, Biome Bioplastics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Bioplastics Market Report Segments:
The global Bioplastics market is segmented on the basis of:
Types
Bio-PET, Bio-PE, Starch Blends, PLA, PHA, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Packing Industry, Automotive Industry, Bottles Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Braskem
- NatureWorks
- Novamont
- BASF
- Corbion
- PSM
- DowDuPont
- Arkema
- Kingfa
- FKuR
- Biomer
- Zhejiang Hisun Biomaterials
- PolyOne
- Grabio
- Danimer Scientific
- Myriant
- Mitsubishi
- Biome Bioplastics
Highlights of The Bioplastics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bio-PET
- Bio-PE
- Starch Blends
- PLA
- PHA
- Others
- By Application:
- Packing Industry
- Automotive Industry
- Bottles Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bioplastics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bioplastics are materials made from natural or renewable resources that can be recycled multiple times. Bioplastics are often more environmentally friendly and sustainable than traditional plastics because they can be composted, burned, or reused.
Some of the major companies in the bioplastics market are Braskem, NatureWorks, Novamont, BASF, Corbion, PSM, DowDuPont, Arkema, Kingfa, FKuR, Biomer, Zhejiang Hisun Biomaterials, PolyOne, Grabio, Danimer Scientific, Myriant, Mitsubishi, Biome Bioplastics.
The bioplastics market is expected to grow at a compound annual growth rate of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bioplastics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bioplastics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bioplastics Market - Supply Chain
4.5. Global Bioplastics Market Forecast
4.5.1. Bioplastics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bioplastics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bioplastics Market Absolute $ Opportunity
5. Global Bioplastics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bioplastics Market Size and Volume Forecast by Type
5.3.1. Bio-PET
5.3.2. Bio-PE
5.3.3. Starch Blends
5.3.4. PLA
5.3.5. PHA
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bioplastics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bioplastics Market Size and Volume Forecast by Application
6.3.1. Packing Industry
6.3.2. Automotive Industry
6.3.3. Bottles Manufacturing
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bioplastics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bioplastics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bioplastics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bioplastics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bioplastics Demand Share Forecast, 2019-2026
9. North America Bioplastics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bioplastics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bioplastics Market Size and Volume Forecast by Application
9.4.1. Packing Industry
9.4.2. Automotive Industry
9.4.3. Bottles Manufacturing
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bioplastics Market Size and Volume Forecast by Type
9.7.1. Bio-PET
9.7.2. Bio-PE
9.7.3. Starch Blends
9.7.4. PLA
9.7.5. PHA
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bioplastics Demand Share Forecast, 2019-2026
10. Latin America Bioplastics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bioplastics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bioplastics Market Size and Volume Forecast by Application
10.4.1. Packing Industry
10.4.2. Automotive Industry
10.4.3. Bottles Manufacturing
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bioplastics Market Size and Volume Forecast by Type
10.7.1. Bio-PET
10.7.2. Bio-PE
10.7.3. Starch Blends
10.7.4. PLA
10.7.5. PHA
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bioplastics Demand Share Forecast, 2019-2026
11. Europe Bioplastics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bioplastics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bioplastics Market Size and Volume Forecast by Application
11.4.1. Packing Industry
11.4.2. Automotive Industry
11.4.3. Bottles Manufacturing
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bioplastics Market Size and Volume Forecast by Type
11.7.1. Bio-PET
11.7.2. Bio-PE
11.7.3. Starch Blends
11.7.4. PLA
11.7.5. PHA
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type 11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bioplastics Demand Share, 2019-2026
12. Asia Pacific Bioplastics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bioplastics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bioplastics Market Size and Volume Forecast by Application
12.4.1. Packing Industry
12.4.2. Automotive Industry
12.4.3. Bottles Manufacturing
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bioplastics Market Size and Volume Forecast by Type
12.7.1. Bio-PET
12.7.2. Bio-PE
12.7.3. Starch Blends
12.7.4. PLA
12.7.5. PHA
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bioplastics Demand Share, 2019-2026
13. Middle East & Africa Bioplastics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bioplastics Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bioplastics Market Size and Volume Forecast by Application
13.4.1. Packing Industry
13.4.2. Automotive Industry
13.4.3. Bottles Manufacturing
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bioplastics Market Size and Volume Forecast by Type
13.7.1. Bio-PET
13.7.2. Bio-PE
13.7.3. Starch Blends
13.7.4. PLA
13.7.5. PHA
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bioplastics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bioplastics Market: Market Share Analysis
14.2. Bioplastics Distributors and Customers
14.3. Bioplastics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Braskem
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NatureWorks
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Novamont
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BASF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Corbion
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PSM
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DowDuPont
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Arkema
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kingfa
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FKuR
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Biomer
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhejiang Hisun Biomaterials
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PolyOne
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Grabio
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Danimer Scientific
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Myriant
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Mitsubishi
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Biome Bioplastics
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook