Key Highlights
- Bioplastics are a type of plastic material that is derived from renewable sources such as plants, agricultural by-products, and microorganisms. These materials are used as alternatives to traditional plastics, which are made from fossil fuels. Bioplastics are manufactured using biological materials and processes, making them more sustainable and environmentally friendly.
- The German bioplastics market recorded total revenues of $1.16 billion in 2023, representing a compound annual growth rate (CAGR) of 12.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 13.5% between 2018 and 2023, reaching 237.5 thousand tonnes in 2023.
- The German market accounted for 39.7% of the European bioplastics market in 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bioplastics market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bioplastics market in Germany
- Leading company profiles reveal details of key bioplastics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Germany bioplastics market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Germany bioplastics market by value in 2023?
- What will be the size of the Germany bioplastics market in 2028?
- What factors are affecting the strength of competition in the Germany bioplastics market?
- How has the market performed over the last five years?
- Who are the top competitors in Germany's bioplastics market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Eastman Chemical Company
- Novamont SpA