Market Overview:
The global bio-sourced polymers market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for biodegradable plastics from end-use industries, such as automotive, packaging, and medical sectors. In addition, the growing awareness about environmental concerns is also propelling the demand for bio-based polymers over traditional petrochemical based polymers. Based on type, degradable bio-sourced polymers are expected to witness higher growth as compared to non-degradable counterparts during the forecast period. This can be attributed to stringent regulations by governments across various regions mandating use of biodegradable plastics in various applications such as food packaging and disposables.
Product Definition:
Bio-sourced polymers are polymers that are derived from renewable biomass sources, such as plants or animals. They can be used to make plastics, fabrics, and other materials. Bio-sourced polymers have many advantages over traditional petroleum-based plastics. They are biodegradable, meaning they can break down into natural elements in the environment. This makes them environmentally friendly and helps reduce landfill waste. Bio-sourced polymers also tend to be more sustainable than traditional plastics, because they can be made from plant materials that grow rapidly and do not require fossil fuels to produce.
Degradable:
Degradable plastics are those that can be broken down by natural processes such as photo-degradation, hydrolysis, and biodegradation. The degradation process needs an appropriate catalyst or help from microorganisms to speed up the chemical reaction. Microorganisms like bacteria and enzymes play a major role in breaking down plastic into carbon dioxide, water, and other end products.
Non-degradable:
Non-degradable or non-biodegradable is a polymer that does not decompose or break down when placed in the natural environment. Non-degradable polymers are synthetic and manmade materials that do not naturally break down or decompose to form simpler substances. Some common examples of non-degradable polymers include plastic bags, foam plastics, and Styrofoam.
Application Insights:
Packaging emerged as the leading application segment and accounted for over 30.0% of the global bio-sourced polymers market in 2017. The product is widely used in packaging applications including food & beverage, healthcare, personal care & cosmetics on account of its properties such as biodegradability and recyclability. Moreover, rising demand for sustainable packaging solutions will drive growth over the forecast period.
The automotive industry also contributes significantly to overall revenue generation owing to increasing demand for sustainable products that offer enhanced performance characteristics compared to conventional petroleum-based plastics materials such as polycarbonate and nylon 6 fibers.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for bio-sourced polymers from various end-use industries such as automotive, packaging and medical devices among others.
Asia Pacific is projected to grow at a significant rate over the forecast period owing to rising product demand from key end-use industries such as automotive and medical devices.
Growth Factors:
- Increasing demand for bio-based plastics from packaging and automotive industries
- Rising awareness about the benefits of bio-based polymers over conventional petrochemical polymers
- Government initiatives and regulations to promote use of bio-based polymers
- Technological advancements in production of bio-based polymers
- Growing investments in research and development for manufacturing of ecofriendly biopolymers
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio-Sourced Polymers Market Research Report
By Type
Degradable, Non-degradable
By Application
Automotive, Packaging, Sporting Goods, Medical, Other Industry
By Companies
DowDuPont, MCPP, Arkema, NatureWorks, Heritage Pioneer Corporate Group, Novamont, Metabolix, Reverdia, Solvay, Corbion, DowDuPont
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Bio-Sourced Polymers Market Report Segments:
The global Bio-Sourced Polymers market is segmented on the basis of:
Types
Degradable, Non-degradable
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
Automotive, Packaging, Sporting Goods, Medical, Other Industry
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:
- DowDuPont
- MCPP
- Arkema
- NatureWorks
- Heritage Pioneer Corporate Group
- Novamont
- Metabolix
- Reverdia
- Solvay
- Corbion
- DowDuPont
Highlights of The Bio-Sourced Polymers 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:
- Degradable
- Non-degradable
- By Application:
- Automotive
- Packaging
- Sporting Goods
- Medical
- Other Industry
- 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-Sourced Polymers 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-sourced polymers are materials made from natural or renewable resources.
Some of the key players operating in the bio-sourced polymers market are DowDuPont, MCPP, Arkema, NatureWorks, Heritage Pioneer Corporate Group, Novamont, Metabolix, Reverdia, Solvay, Corbion, DowDuPont.
The bio-sourced polymers market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bio-Sourced Polymers 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-Sourced Polymers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bio-Sourced Polymers 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-Sourced Polymers 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-Sourced Polymers Market Size & Forecast, 2020-2028
4.5.1 Bio-Sourced Polymers Market Size and Y-o-Y Growth
4.5.2 Bio-Sourced Polymers 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 Degradable
5.2.2 Non-degradable
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 Automotive
6.2.2 Packaging
6.2.3 Sporting Goods
6.2.4 Medical
6.2.5 Other Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bio-Sourced Polymers 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-Sourced Polymers 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 Degradable
9.6.2 Non-degradable
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 Automotive
9.10.2 Packaging
9.10.3 Sporting Goods
9.10.4 Medical
9.10.5 Other Industry
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 Degradable
10.6.2 Non-degradable
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 Automotive
10.10.2 Packaging
10.10.3 Sporting Goods
10.10.4 Medical
10.10.5 Other Industry
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 Degradable
11.6.2 Non-degradable
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 Automotive
11.10.2 Packaging
11.10.3 Sporting Goods
11.10.4 Medical
11.10.5 Other Industry
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 Degradable
12.6.2 Non-degradable
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 Automotive
12.10.2 Packaging
12.10.3 Sporting Goods
12.10.4 Medical
12.10.5 Other Industry
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 Degradable
13.6.2 Non-degradable
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 Automotive
13.10.2 Packaging
13.10.3 Sporting Goods
13.10.4 Medical
13.10.5 Other Industry
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-Sourced Polymers Market: Competitive Dashboard
14.2 Global Bio-Sourced Polymers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DowDuPont
14.3.2 MCPP
14.3.3 Arkema
14.3.4 NatureWorks
14.3.5 Heritage Pioneer Corporate Group
14.3.6 Novamont
14.3.7 Metabolix
14.3.8 Reverdia
14.3.9 Solvay
14.3.10 Corbion
14.3.11 DowDuPont
