Market Overview:
The global bioplastic recycling market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about environmental pollution and its effects on human health, rising demand for sustainable and environment-friendly products, and government initiatives and regulations supporting the use of bioplastics. Based on type, the global bioplastic recycling market is segmented into vegetable fat, starch composite, wood composite, recycled food waste, and others. Vegetable fat is expected to be the fastest-growing type segment during the forecast period due to its high thermal stability and resistance to degradation under various environmental conditions. Based on application, the global bioplastic recycling market is segmented into recycling, energy recovery (incineration), composting/anaerobic digestion (AD), and others. Recycling accounted for a major share of this market in 2017 owing to growing concerns about environmental pollution caused by plastic waste disposal methods such as incineration or landfilling.
Product Definition:
Bioplastic recycling is the process of converting bioplastics into new products. The importance of bioplastic recycling is that it helps reduce waste and conserve resources.
Vegetable Fat:
Vegetable fat is a by-product obtained during the extraction of vegetable oils. It is also known as oleoresin, which is a concentrated form of vegetable oil. The most commonly used vegetable fats are palm kernel and coconut oil.
Starch Composite:
Starch composite is a new material that has gained wide acceptance in the bioplastic recycling market. It is made from combining various types of starches and it helps in increasing the overall strength of recycled plastics. Starch composites are used to increase the tensile strength by up to five times without any significant increase in weight or cost when compared with conventional plastic materials.
Application Insights:
The recycling application segment led the global bioplastic recycling market in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The rising demand for recycled plastics, particularly in packaging applications, is expected to drive growth over the forecast period.
Packaging was the largest application segment for bioplastics and accounted for around 40% of total industry volume in 2015 owing to its lightweight properties and ability to be printed with images or text. Moreover, growing awareness regarding environment protection coupled with increasing pressure on food producers worldwide due largelyto increased disposable income levels among consumers has resulted in an increased focus on sustainable agriculture practices that are environmentally friendly as well as economically viable options globally which is further anticipated to augment demand globally over the coming years.
Regional Analysis:
Asia Pacific is estimated to be the fastest growing regional market over the forecast period. The growth can be attributed to increasing awareness regarding global warming, rising environmental concerns and rapid industrialization in emerging economies of China and India. In addition, stringent regulations laid down by various regulatory bodies such as REACH are also expected to drive demand for bioplastic products over the forecast period.
Europe accounted for a significant share in 2016 owing to early adoption of bioplastic products coupled with high recycling rate observed in countries including Germany, U.K., France and Italy among other Eastern European countries). However, strict implementation of bio-based legislation may hinder industry growth over the next few years due to lack of raw material availability which will force manufacturers operating within Europe region adopt alternative technologies resulting into lower revenue generation compared with Asia Pacific region during 2018 - 2030 time frame.
Growth Factors:
- Increasing awareness about bioplastic recycling and its benefits among consumers and businesses
- Government initiatives and regulations to promote bioplastic recycling
- Rising demand for sustainable packaging solutions from food and beverage companies
- Growing popularity of compostable plastics among consumers
- Proliferation of waste management infrastructure across the globe
Scope Of The Report
Report Attributes
Report Details
Report Title
Bioplastic Recycling Market Research Report
By Type
Vegetable Fat, Starch Composite, Wood Composite, Recycled Food Waste, Others
By Application
Recycling, Energy Recovery, Compost, Others
By Companies
BIOPLASTIC RECYCLING, Green Dot Bioplastics, Neste, Total Corbion PLA, Biome Bioplastics, BiologiQ, BioCor LLC, PROMATERIS SA, SPM Bioplastic
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Bioplastic Recycling Market Report Segments:
The global Bioplastic Recycling market is segmented on the basis of:
Types
Vegetable Fat, Starch Composite, Wood Composite, Recycled Food Waste, 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
Recycling, Energy Recovery, Compost, 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:
- BIOPLASTIC RECYCLING
- Green Dot Bioplastics
- Neste
- Total Corbion PLA
- Biome Bioplastics
- BiologiQ
- BioCor LLC
- PROMATERIS SA
- SPM Bioplastic
Highlights of The Bioplastic Recycling 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:
- Vegetable Fat
- Starch Composite
- Wood Composite
- Recycled Food Waste
- Others
- By Application:
- Recycling
- Energy Recovery
- Compost
- 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 Bioplastic Recycling 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?
Bioplastic recycling is the process of recovering and reprocessing polymers from waste materials such as plastics, textiles, and food packaging. These materials can be used to create new products or recycled into new polymers.
Some of the key players operating in the bioplastic recycling market are BIOPLASTIC RECYCLING, Green Dot Bioplastics, Neste, Total Corbion PLA, Biome Bioplastics, BiologiQ, BioCor LLC, PROMATERIS SA, SPM Bioplastic.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bioplastic Recycling 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 Bioplastic Recycling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bioplastic Recycling 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 Bioplastic Recycling 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 Bioplastic Recycling Market Size & Forecast, 2018-2028
4.5.1 Bioplastic Recycling Market Size and Y-o-Y Growth
4.5.2 Bioplastic Recycling Market Absolute $ Opportunity
Chapter 5 Global Bioplastic Recycling 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 Bioplastic Recycling Market Size Forecast by Type
5.2.1 Vegetable Fat
5.2.2 Starch Composite
5.2.3 Wood Composite
5.2.4 Recycled Food Waste
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bioplastic Recycling 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 Bioplastic Recycling Market Size Forecast by Applications
6.2.1 Recycling
6.2.2 Energy Recovery
6.2.3 Compost
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bioplastic Recycling 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 Bioplastic Recycling 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 Bioplastic Recycling Analysis and Forecast
9.1 Introduction
9.2 North America Bioplastic Recycling 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 Bioplastic Recycling Market Size Forecast by Type
9.6.1 Vegetable Fat
9.6.2 Starch Composite
9.6.3 Wood Composite
9.6.4 Recycled Food Waste
9.6.5 Others
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 Bioplastic Recycling Market Size Forecast by Applications
9.10.1 Recycling
9.10.2 Energy Recovery
9.10.3 Compost
9.10.4 Others
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 Bioplastic Recycling Analysis and Forecast
10.1 Introduction
10.2 Europe Bioplastic Recycling 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 Bioplastic Recycling Market Size Forecast by Type
10.6.1 Vegetable Fat
10.6.2 Starch Composite
10.6.3 Wood Composite
10.6.4 Recycled Food Waste
10.6.5 Others
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 Bioplastic Recycling Market Size Forecast by Applications
10.10.1 Recycling
10.10.2 Energy Recovery
10.10.3 Compost
10.10.4 Others
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 Bioplastic Recycling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bioplastic Recycling 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 Bioplastic Recycling Market Size Forecast by Type
11.6.1 Vegetable Fat
11.6.2 Starch Composite
11.6.3 Wood Composite
11.6.4 Recycled Food Waste
11.6.5 Others
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 Bioplastic Recycling Market Size Forecast by Applications
11.10.1 Recycling
11.10.2 Energy Recovery
11.10.3 Compost
11.10.4 Others
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 Bioplastic Recycling Analysis and Forecast
12.1 Introduction
12.2 Latin America Bioplastic Recycling 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 Bioplastic Recycling Market Size Forecast by Type
12.6.1 Vegetable Fat
12.6.2 Starch Composite
12.6.3 Wood Composite
12.6.4 Recycled Food Waste
12.6.5 Others
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 Bioplastic Recycling Market Size Forecast by Applications
12.10.1 Recycling
12.10.2 Energy Recovery
12.10.3 Compost
12.10.4 Others
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) Bioplastic Recycling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bioplastic Recycling 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) Bioplastic Recycling Market Size Forecast by Type
13.6.1 Vegetable Fat
13.6.2 Starch Composite
13.6.3 Wood Composite
13.6.4 Recycled Food Waste
13.6.5 Others
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) Bioplastic Recycling Market Size Forecast by Applications
13.10.1 Recycling
13.10.2 Energy Recovery
13.10.3 Compost
13.10.4 Others
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 Bioplastic Recycling Market: Competitive Dashboard
14.2 Global Bioplastic Recycling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BIOPLASTIC RECYCLING
14.3.2 Green Dot Bioplastics
14.3.3 Neste
14.3.4 Total Corbion PLA
14.3.5 Biome Bioplastics
14.3.6 BiologiQ
14.3.7 BioCor LLC
14.3.8 PROMATERIS SA
14.3.9 SPM Bioplastic
