Market Overview:
The global sustainable polymer market is expected to grow at a CAGR of 9.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sustainable polymers from various end-use industries, such as automotive, packaging, drug delivery, agriculture, construction and others. In addition, the growing awareness about environmental concerns and regulations are also fueling the demand for sustainable polymers across the globe. Based on type, natural polymers accounted for a major share of the global sustainable polymer market in 2017. However, synthetic bio-based polymers are projected to grow at a higher CAGR during the forecast period owing to their superior properties as compared with natural polymers. Based on application, automotive held a dominant position in 2017 and is expected to maintain its lead during the forecast period.
Product Definition:
A sustainable polymer is a polymer that can be recycled and reused multiple times without losing its properties. The importance of sustainable polymers is that they can help reduce the amount of plastic waste that ends up in landfills and oceans.
Natural Polymers:
Natural polymers are bio-based, renewable and eco-friendly products derived from plant materials. They have a high demand in the sustainable polymer market owing to their biodegradable nature, low carbon footprint and recyclability.
The global natural polymers industry is expected to witness significant growth over the forecast period on account of rising consumer awareness towards green products along with stringent regulations for synthetic chemicals by various governments across the world.
Synthetic Bio-Based Polymers:
Synthetic bio-based polymers are a group of high-performance plastics produced from renewable sources, such as plant sugars and vegetable oils. These materials have been developed to mimic the chemical and physical properties of conventional petroleum-based polymers.
The global synthetic bio-based polymers market is expected to witness significant growth over the forecast period owing to its rising demand in various application industries including automotive & transportation, consumer goods, building & construction along with industrial applications like packaging.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The sustainable polymer products are used in various automotive applications including body-in-white, power trains, lighting systems and interior trim. The use of sustainable polymers can help reduce carbon emissions by up to 80%, conserve energy and protect the environment.
The packaging segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to rising demand for biodegradable plastics that can be broken down into harmless components such as water and carbon dioxide without producing toxic waste like incinerated materials do when they are burned with normal fuel sources such as gasoline or diesel fuel in vehicles running on fossil fuels such as coal or petroleum gasoline (diesel). These plastics also have high barrier properties which make them suitable for food contact applications thus boosting their demand even more over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of 33.0% in 2017. This is attributed to the high demand for sustainable polymer products from countries such as China, India, and Japan. The region will retain its position through 2030 owing to increasing product demand from various end-use industries such as automotive and packaging coupled with rapid industrialization and urbanization across emerging economies including China, Indonesia, Vietnam, Thailand among others.
The Asia Pacific has witnessed significant growth in manufacturing facilities for both natural & synthetic polymers over the past few years which is expected to positively impact market growth over the forecast period.
Growth Factors:
- Increasing demand from end-use industries: The global sustainable polymer market is projected to grow at a CAGR of over 7% during the forecast period, owing to the increasing demand from end-use industries such as automotive, construction, and packaging.
- Rising environmental concerns: The growing awareness about the harmful effects of conventional plastics has led to an increase in the demand for sustainable polymers across the globe. This is expected to boost the growth of the global sustainable polymer market in future.
- Technological advancements: Continuous technological advancements are taking place in various segments of sustainable polymers which is resulting into new product developments and applications thereby fueling their adoption globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sustainable Polymer Market Research Report
By Type
Natural Polymers, Synthetic Bio-Based Polymers
By Application
Automotive, Packaging, Drug Delivery, Agriculture, Construction, Others
By Companies
Arkema, BASF SE, DuPont, NatureWorks, AVA Biochem, Cardia Bioplastics, Plantic
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Sustainable Polymer Market Report Segments:
The global Sustainable Polymer market is segmented on the basis of:
Types
Natural Polymers, Synthetic Bio-Based Polymers
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, Drug Delivery, Agriculture, Construction, 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:
- Arkema
- BASF SE
- DuPont
- NatureWorks
- AVA Biochem
- Cardia Bioplastics
- Plantic
Highlights of The Sustainable Polymer 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:
- Natural Polymers
- Synthetic Bio-Based Polymers
- By Application:
- Automotive
- Packaging
- Drug Delivery
- Agriculture
- Construction
- 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 Sustainable Polymer 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?
Sustainable polymer is a type of plastic that can be recycled multiple times without compromising its structural integrity.
Some of the major players in the sustainable polymer market are Arkema, BASF SE, DuPont, NatureWorks, AVA Biochem, Cardia Bioplastics, Plantic.
The sustainable polymer market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sustainable Polymer 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 Sustainable Polymer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sustainable Polymer 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 Sustainable Polymer 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 Sustainable Polymer Market Size & Forecast, 2018-2028
4.5.1 Sustainable Polymer Market Size and Y-o-Y Growth
4.5.2 Sustainable Polymer Market Absolute $ Opportunity
Chapter 5 Global Sustainable Polymer 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 Sustainable Polymer Market Size Forecast by Type
5.2.1 Natural Polymers
5.2.2 Synthetic Bio-Based Polymers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sustainable Polymer 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 Sustainable Polymer Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Packaging
6.2.3 Drug Delivery
6.2.4 Agriculture
6.2.5 Construction
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sustainable Polymer 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 Sustainable Polymer 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 Sustainable Polymer Analysis and Forecast
9.1 Introduction
9.2 North America Sustainable Polymer 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 Sustainable Polymer Market Size Forecast by Type
9.6.1 Natural Polymers
9.6.2 Synthetic Bio-Based Polymers
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 Sustainable Polymer Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Packaging
9.10.3 Drug Delivery
9.10.4 Agriculture
9.10.5 Construction
9.10.6 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 Sustainable Polymer Analysis and Forecast
10.1 Introduction
10.2 Europe Sustainable Polymer 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 Sustainable Polymer Market Size Forecast by Type
10.6.1 Natural Polymers
10.6.2 Synthetic Bio-Based Polymers
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 Sustainable Polymer Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Packaging
10.10.3 Drug Delivery
10.10.4 Agriculture
10.10.5 Construction
10.10.6 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 Sustainable Polymer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sustainable Polymer 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 Sustainable Polymer Market Size Forecast by Type
11.6.1 Natural Polymers
11.6.2 Synthetic Bio-Based Polymers
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 Sustainable Polymer Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Packaging
11.10.3 Drug Delivery
11.10.4 Agriculture
11.10.5 Construction
11.10.6 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 Sustainable Polymer Analysis and Forecast
12.1 Introduction
12.2 Latin America Sustainable Polymer 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 Sustainable Polymer Market Size Forecast by Type
12.6.1 Natural Polymers
12.6.2 Synthetic Bio-Based Polymers
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 Sustainable Polymer Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Packaging
12.10.3 Drug Delivery
12.10.4 Agriculture
12.10.5 Construction
12.10.6 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) Sustainable Polymer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sustainable Polymer 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) Sustainable Polymer Market Size Forecast by Type
13.6.1 Natural Polymers
13.6.2 Synthetic Bio-Based Polymers
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) Sustainable Polymer Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Packaging
13.10.3 Drug Delivery
13.10.4 Agriculture
13.10.5 Construction
13.10.6 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 Sustainable Polymer Market: Competitive Dashboard
14.2 Global Sustainable Polymer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arkema
14.3.2 BASF SE
14.3.3 DuPont
14.3.4 NatureWorks
14.3.5 AVA Biochem
14.3.6 Cardia Bioplastics
14.3.7 Plantic
