Market Overview:
The global bio-based plastics market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of XX% during the forecast period. The market growth can be attributed to the increasing demand for bio-based plastics from various applications such as bottles and foodservice ware, durable textiles, automotive parts, and others. Based on type, the global bio-based plastics market has been segmented into starch sourced, oils sourced, cellulose and lignin sourced, proteins sourced, xylans sourced. Among these segments, the cellulose and lignin sourcing segment is expected to account for a major share of the global market in 2018. This can be attributed to the increasing demand for biodegradable materials from various end-use industries. The proteins sourcing segment is also anticipated to witness significant growth during the forecast period owing to its properties such as high strength and resistance against abrasion. On basis of application type ,the global Bio based Plastics Market has been classified into Bottles And Foodservice Ware; Durable Textiles; Automotive Parts among others .Among these segments Bottles And Foodservice Ware held largest share in 2017 due rising trend of using ecofriendly products across globe .
Product Definition:
Bio-based plastics are made from plant materials such as corn, potato and sugar cane. These materials can be used to make a variety of different types of plastics. Bio-based plastics are important because they are sustainable and environmentally friendly. They can also be recycled more easily than traditional plastic products.
Starch Sourced:
Starch sourced, it's usage and growth factor in the bio-based plastics market. Bio-based plastics are derived from agricultural feedstock such as corn starch, wheat flour, and potato starch. Starch is a carbohydrate that is extracted from plants or animals and processed to make plastic.
Oils Sourced:
Oils sourced from plants are used as feedstock for the production of bio-based plastics. Owing to their renewable nature, these oils have been gaining importance in the plastic manufacturing industry over the past few years. Bio-based plastics manufactured using oil sources include polyethylene (PE), polypropylene (PP), polystyrene (PS), and acrylonitrile butadiene styrene (ABS).
Application Insights:
The bottles and foodservice ware application segment led the global market in 2017. This is attributed to growing demand for sustainable packaging solutions, which offer high barrier properties and are cost-effective alternatives to conventional plastics. Bottles accounted for a significant share of the overall revenue in 2017 owing to their increasing use in packaging various liquid foods such as water, soft drinks, juices among others.
Durable textiles emerged as the second largest application segment due to rising consumer preference for products made using natural fibers that are more durable than synthetic fabrics. Staple fibers sourced from plants such as cotton and flax have been replacing traditional synthetic fibers due to their better mechanical properties (resistance against abrasion) and higher absorbency rate of moisture (a characteristic required in textile manufacturing). The growth of this end-use industry is expected to drive demand over the forecast period.
Regional Analysis:
Asia Pacific is anticipated to witness the highest growth over the forecast period owing to rising disposable income, increasing population, and growing industrialization. The region accounted for a volume share of 34.1% in 2017 and is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization coupled with supportive government initiatives aimed at promoting investments in the bio-based plastics sector in China and India.
The market demand was dominated by bottles & foodservice ware application segment due high consumption along with stringent regulations regarding single use plastics especially in North America which has led manufacturers there focus on developing sustainable alternatives such as bio-based polymers that are ecofriendly than petroleum based ones thus boosting regional market growth over the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as packaging, automotive, and construction
- Rising awareness about the benefits of bio-based plastics over traditional plastics
- Government initiatives and regulations supporting the use of bio-based plastics
- Technological advancements in production processes for bio-based plastics
- Growing investments by leading players in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio-based Plastics Market Research Report
By Type
Starch Sourced, Oils Sourced, Cellulose and Lignin Sourced, Proteins Sourced, Xylans Sourced
By Application
Bottles And Foodservice Ware, Durable Textiles, Automotive Parts
By Companies
Antron, BiosphereIndustries, BioTuf, Braskem, Cereplast, Earthcycle Packaging, Earth Shell, Ecovative Designs, FKuR Kunststoff GmbH, Innovia Films International, Metabolix, Nature Works, Tianan Biologic Material, Plantic Australia
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Bio-based Plastics Market Report Segments:
The global Bio-based Plastics market is segmented on the basis of:
Types
Starch Sourced, Oils Sourced, Cellulose and Lignin Sourced, Proteins Sourced, Xylans Sourced
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
Bottles And Foodservice Ware, Durable Textiles, Automotive Parts
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:
- Antron
- BiosphereIndustries
- BioTuf
- Braskem
- Cereplast
- Earthcycle Packaging
- Earth Shell
- Ecovative Designs
- FKuR Kunststoff GmbH
- Innovia Films International
- Metabolix
- Nature Works
- Tianan Biologic Material
- Plantic Australia
Highlights of The Bio-based Plastics 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:
- Starch Sourced
- Oils Sourced
- Cellulose and Lignin Sourced
- Proteins Sourced
- Xylans Sourced
- By Application:
- Bottles And Foodservice Ware
- Durable Textiles
- Automotive Parts
- 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 Bio-based Plastics 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Bio-based plastics are made from renewable resources like corn, sugarcane, or oilseed crops. They are more environmentally friendly than traditional plastics because they don't release harmful chemicals into the environment when they're burned or recycled.
Some of the major players in the bio-based plastics market are Antron, BiosphereIndustries, BioTuf, Braskem, Cereplast, Earthcycle Packaging, Earth Shell, Ecovative Designs, FKuR Kunststoff GmbH, Innovia Films International, Metabolix, Nature Works, Tianan Biologic Material, Plantic Australia.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bio-based Plastics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bio-based Plastics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bio-based Plastics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bio-based Plastics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bio-based Plastics Market Size & Forecast, 2020-2028
4.5.1 Bio-based Plastics Market Size and Y-o-Y Growth
4.5.2 Bio-based Plastics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Starch Sourced
5.2.2 Oils Sourced
5.2.3 Cellulose and Lignin Sourced
5.2.4 Proteins Sourced
5.2.5 Xylans Sourced
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Bottles And Foodservice Ware
6.2.2 Durable Textiles
6.2.3 Automotive Parts
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bio-based Plastics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bio-based Plastics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Starch Sourced
9.6.2 Oils Sourced
9.6.3 Cellulose and Lignin Sourced
9.6.4 Proteins Sourced
9.6.5 Xylans Sourced
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Bottles And Foodservice Ware
9.10.2 Durable Textiles
9.10.3 Automotive Parts
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Starch Sourced
10.6.2 Oils Sourced
10.6.3 Cellulose and Lignin Sourced
10.6.4 Proteins Sourced
10.6.5 Xylans Sourced
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Bottles And Foodservice Ware
10.10.2 Durable Textiles
10.10.3 Automotive Parts
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Starch Sourced
11.6.2 Oils Sourced
11.6.3 Cellulose and Lignin Sourced
11.6.4 Proteins Sourced
11.6.5 Xylans Sourced
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Bottles And Foodservice Ware
11.10.2 Durable Textiles
11.10.3 Automotive Parts
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Starch Sourced
12.6.2 Oils Sourced
12.6.3 Cellulose and Lignin Sourced
12.6.4 Proteins Sourced
12.6.5 Xylans Sourced
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Bottles And Foodservice Ware
12.10.2 Durable Textiles
12.10.3 Automotive Parts
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Starch Sourced
13.6.2 Oils Sourced
13.6.3 Cellulose and Lignin Sourced
13.6.4 Proteins Sourced
13.6.5 Xylans Sourced
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Bottles And Foodservice Ware
13.10.2 Durable Textiles
13.10.3 Automotive Parts
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bio-based Plastics Market: Competitive Dashboard
14.2 Global Bio-based Plastics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Antron
14.3.2 BiosphereIndustries
14.3.3 BioTuf
14.3.4 Braskem
14.3.5 Cereplast
14.3.6 Earthcycle Packaging
14.3.7 Earth Shell
14.3.8 Ecovative Designs
14.3.9 FKuR Kunststoff GmbH
14.3.10 Innovia Films International
14.3.11 Metabolix
14.3.12 Nature Works
14.3.13 Tianan Biologic Material
14.3.14 Plantic Australia
