The global bioplastics market volume should reach 3.3 million metric tons by 2026 from 2.2 million metric tons in 2021 at a compound annual growth rate (CAGR) of 8.3% for the forecast period of 2021 to 2026.
The American bioplastics market volume is expected to grow from 931 thousand metric tons in 2021 to 1.4 million metric tons in 2026 at a CAGR of 8.4% for the forecast period of 2021 to 2026.
The Asian bioplastics market volume is expected to grow from 614.2 thousand metric tons in 2021 to 969.7 thousand metric tons in 2026 at a CAGR of 9.6% for the forecast period of 2021 to 2026.
Report Scope
This report will cover the bioplastics industry. Definitive and detailed estimates and forecasts of the global market are provided, followed by a detailed analysis of the regions, applications, and on-going trends.
The focus of this report is on plastics made from renewable resources such as biomass or food crops. There is also some potential development of bioplastics from animal resources. Plastics that could be produced from waste CO2 are also reviewed because of their potential impact on bioplastics, but their data are not included in the forecasts presented here. Bioplastics are further defined here as polymer materials that are produced by chemically or biologically synthesizing materials that contain renewable organic materials. Natural organic materials that are not chemically modified (e.g., wood composites are excluded). The report includes the use of renewable resources to create monomers that replace petroleum-based monomers such as feedstocks produced from sugarcane that are used to manufacture polyester and polyethylene. Ethanol, a major product in Brazil, is one small chemical step from ethylene.
This report covers the technological, economic, and business considerations of the bioplastics industry, with analyses and forecasts provided for global markets. Included in the report are descriptions of market forces relevant to the bioplastics industry and their areas of application.
The report focuses on the following resin chemistries:
- Polylactic acid.
- Thermoplastic starch.
- Biopolyamides (nylons).
- Polyhydroxyalkanoates.
- Biopolyols/polyurethane.
- Cellulosics.
- Biopolytrimethylene terephthalate.
- Biopolyethylene.
- Biopolyethylene terephthalate.
- Polybutylene succinate.
Biodegradable and photodegradable polymers made from petrochemical feedstocks are not included. Other renewable resin chemistries such as collagen and chitosan are covered but in less detail as their roles are not well developed.
This report considers the impact of COVID-19. In 2020, the growth rate of the manufacturing industry around the world was severely affected by the pandemic. The presently developing COVID-19 pandemic has currently shrunk the progress of every economy. In addition to taking measures to lock down their respective countries to contain the spread of the coronavirus, especially in affected cities, various governments around the world are also taking the measures necessary to contain the economic slowdown.
Estimated values used are based on manufacturers total revenues. Projected and forecasted revenue values are in constant U.S. dollars (2020) unadjusted for inflation.
The Report Includes
- 45 data tables and 72 additional tables
- An updated review of the global market for bioplastics and related technologies
- Analyses of the global market trends, with data from 2020, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026
- Evaluation and forecast the overall bioplastics market size in value and volumetric terms, and corresponding market share analysis by product, application, technology and region
- Highlights of emerging technology trends, opportunities and gaps estimating current and future demand for bioplastic materials, and impact of COVID-19 on the progress of this market
- Identification of the companies best positioned to meet this demand owing to their proprietary technologies, new product launches, and other strategic alliances
- Discussion of industry value chain analysis, demand-supply gap, and factors driving the growth of the market for polymer materials
- An updated list of mergers, acquisitions, product launch, divestiture, achievements taken place in recent years
- Competitive landscape of the major players operating within the bioplastics market, and their global rankings and company share analysis
- A detailed description of updated company profiles along with latest developments and strategies, including Avient Corp., BASF, Danimer Scientific, Dow Inc., JSR Corp., Teijin Ltd. and Toray Industries Inc.
Table of Contents
Chapter 1 Introduction
- Overview
- Study Goals and Objectives
- Reasons for Doing This Study
- What's New in This Report?
- Scope of Report
- Target Audience of the Study
- Information Sources
- Methodology
- Geographic Breakdown
- Analyst's Credentials
- Custom Research
- Related Reports
Chapter 2 Summary and Highlights
- Bioplastics Overview
Chapter 3 The Bioplastics Industry
- Industry Landscape
- History of Bioplastics
- Recent Developments
- Pros and Cons of Bioplastics
- Overview
- Case for Bioplastics
- The Case Against Bioplastics
- Market Dynamics
- Drivers
- Restraints
- Environmental Impact of Plastics
- Legislative Drivers for Bioplastics
- Packaging Regulations
- The Landfill Directive, Landfill Tax (LAX) and the Landfill Allowance Trading Scheme (LATS)
- The Plastics Export ''Green-List''
- Impact Factors on Bioplastic Demand
- Macroeconomic Factors
- Technological Factors
- Social Factors
- Impact of COVID-19
- Pricing Analysis
Chapter 4 Bioplastics by Type of Resin
- Overview
- Polylactic Acid Polymers
- Chemistry
- Producers
- Production
- Properties
- Processing
- Modifications
- Applications
- Compounding
- Environmental Issues
- Selling Prices
- Developments of Technologies, Markets and Production
- Starch-Based Plastics
- Chemistry
- Producers
- Production
- Processing
- Environmental Issues
- Applications
- Compounding
- Developments
- Polyhydroxyalkanoates
- Chemistry
- Producers
- Production
- Properties
- Processing
- Environmental Issues
- Applications
- Substitution Potential
- Compounding
- Selling Prices
- Polybutylene Succinate-Type Polyesters
- Chemistry
- Producers
- Production
- Properties
- Processing
- Applications
- Bio-Based Polyamides
- Chemistry
- Producers
- Production
- Properties
- Processing
- Applications
- Environmental Aspects
- Developments
- Polytrimethylene Terephthalate-Type Polyesters
- Chemistry
- Producer
- Production
- Regional Market
- Properties
- Applications
- Environmental Issues
- Developments
- Bio-Based Polyurethane
- Chemistry
- Producers
- Production
- Properties
- Applications
- Environmental Issues
- Developments
- Cellulosic
- Chemistry
- Producers
- Production
- Properties
- Applications
- Environmental Issues
- Developments
- Other Types of Bioplastics
- Bio-Based Bottle-Grade Polyester
- Bio-Based Polyethylene
- Elastomers
- Aliphatic Polyethylene Carbonate
- Global Demand
- Animal-Based Feedstocks
- Cardanol-Cellulose
- Neat Cardanol
Chapter 5 Global Outlook for Bioplastics
- Overview
- Global Market of Polylactic Acid (PLA)
- Global Market of Starch Plastics
- Global Market of Polybutylene Succinate (PBS)
- Land Use Share for Bioplastics
- Market Trends in Biopolymer Films
- Applicability
Chapter 6 Global Outlook for Bioplastic Textile Market
- Business Overview
- Market Breakdown, by Source
- Sugarcane
- Beet
- Corn Starch
- Cassava
- Market Breakdown, by Material
- Polylactic Acid (PLA)
- Polyhydroxyalkanoates (PHA)
- Polyhydroxybutyrate (PHB)
- Bio-Polyester
- Bio Polyamide
- Market Breakdown, by End User
- Home Textiles
- Clothing
- Footwear
- Market Breakdown, by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
- Value Chain Analysis
- Raw Material Analysis
- Value Addition
- Distribution Channel Analysis
- Future Trends
- Growth Drivers
- Environmentally Friendly Properties of Bioplastics
- Favorable Government Policies for Bioplastics
- Renewable Raw Material Sources
- Restraints
- High Cost to Consumers
- Company Market Share Analysis
Chapter 7 Americas Bioplastics Market
- U.S.
- Total Plastics
- Bioplastics
- Major Producers
- Types of Bioplastics
- Applications
- Brazil
- Total Plastics
- Bioplastics
- Major Producers
- Types of Bioplastics
- Applications
- Elsewhere in the Americas
- Canada
Chapter 8 European Bioplastics Market
- Germany
- Total Plastics
- Bioplastics
- Major Producers
- Types of Bioplastics
- Applications
- Italy
- Total Plastics
- Bioplastics
- Major Producers
- Types of Bioplastics
- Applications
- Elsewhere in Europe
- France
- The Netherlands
- The United Kingdom
Chapter 9 Asian Bioplastics Market
- China
- Total Plastics
- Bioplastics
- Major Producers
- Bioplastic Types
- Applications
- Japan
- Total Plastics
- Bioplastics
- Major Producers
- Bioplastic Types
- Applications
- Elsewhere in Asia
Chapter 10 Bioplastics Processing Technologies
- Extrusion
- Compounding
- Starch Polymers
- PLA and PHA
- Blends with Oil-Based Plastics
- Pelletizing
- Foaming
- Storage and Drying
- Use of Regrind
- Cast Film
- Thermoforming
- Injection Molding
Chapter 11 Applications
- Overview
- Packaging
- Market Forecast
- Snack Food
- Shopping Bags
- Bottles
- Thermoformed Trays
- Loose-Fill Packaging
- Cups and Utensils
- Foam Packaging
- Rigid Packaging
- Developments
- Automotive
- Market Forecast
- Interior
- Fuel Components
- Exterior
- Developments
- Agriculture
- Medical
- Market Forecast
- Disposable Devices
- Orthopedic Fixation Devices
- Drug Delivery
- Hydrogels
- Microspheres
- Tissue Engineering
- Stents
- Hygienic Products
- Medical Packaging
- Other Medical Applications
- Aircraft
- Electrical/Electronics
- Liquid-Crystal Displays
- Conductive Plastics
- Sporting Goods
- Photovoltaics
Chapter 12 Issues Facing Bioplastics
- Environmental Issues
- Composting
- Recyclability
- Food Supply Issue
- Carbon Footprint
- Government Involvement
Chapter 13 Standards and Certifications
- Bio-Based
- ASTM D6866
- PD CEN/TR 15932:2010
- Biodegradability
- EN 13432, ASTM D6400, and ISO 17088
Chapter 14 Competitive Landscape
- Company Market Share Analysis
- Major Acquisitions and New Product Developments
Chapter 15 Company Profiles
- Algix
- Arkema
- Avantium
- Avient Corp. (Polyone)
- BASF
- Bioamber
- Biolog Biotechnologie Und Logistik Gmbh
- Biologiq Inc.
- Biome Technologies
- Biomer
- Biotec Biologische Naturverpackungen Gmbh & Co.
- Braskem
- Cardia Bioplastics
- Cargill
- Corbion
- Danimer Scientific
- Dow Plastics
- Dupont
- Dupont Tate & Lyle Bio Products
- DSM
- Durect Corp.
- Eastman Chemical Co.
- Fabri-Kal
- Fkur Plastics Corp.
- Futamura Chemical Co., Ltd.
- Green Day Eco-Friendly Material Co.
- Green Science Alliance Co., Ltd.
- Huhtamaki
- Innovia Films
- Japan Corn Starch Co.
- JSR Corp.
- Kaneka
- Kingfa
- Natureworks
- Novamont S.P.A.
- Plantic Technologies Ltd.
- Plaxica
- Rhein Chemie Additives
- Rodenburg Biopolymers Bv
- Rtp Co.
- Solanyl Biopolymers
- Synbra Technology
- Tate & Lyle Plc
- Teknor Apex
- Teijin
- Tianan Biologic Material Co., Ltd.
- Tianjin Green Bio-Science Co., Ltd.
- Toray
- Urethane Soy Systems Co.
- Virent Energy Systems
- Wuhan Huali Environmental Technology Co.
- Yield10 Bioscience (Metabolix)
- Zea2 (Zeachem Inc.)
- Zhangjiagang Glory Biomaterial Co., Ltd.
- Zhejiang Hisun Biomaterials Co.
Chapter 16 Leading Bioplastics Trade Groups
- Japan Bioplastics Association (JBPA)
- European Bioplastics
Chapter 17 Appendix A: Acronyms
Chapter 18 Appendix B: Selected Glossary of Terms
List of Tables
Summary Table: Global Market Volume for Bioplastics, by Region, Through 2026
Table 1: Internal and External Factors Encouraging the Growth in Bioplastics
Table 2: Bioplastic Material Prices
Table 3: List of Bio-Based Polymers and Overview of their Production
Table 4: Global PLA Suppliers
Table 5: Global Market Volume for PLA, by Region, Through 2026
Table 6: Global Market Volume for PLA, by Application, Through 2026
Table 7: Global Starch Polymer Producers
Table 8: Global Market Volume for Starch-Based Plastics, by Region, Through 2026
Table 9: Products Made from Starch Polymers
Table 10: Global Market Volume for Starch-Based Plastics, by Application, Through 2026
Table 11: Global PHA Suppliers
Table 12: Global Market Volume for PHA, by Region, Through 2026
Table 13: Global Market Volume for PHA, by Application, Through 2026
Table 14: Global Suppliers of Bio PBS
Table 15: Global Market Volume for PBS, by Region, Through 2026
Table 16: Global Market Volume for PBS, by Application, Through 2026
Table 17: Global Biopolyamide Suppliers
Table 18: Global Market Volume for Biopolyamides, by Region, Through 2026
Table 19: Global Market Volume for Biopolyamides, by Application, Through 2026
Table 20: Global Suppliers of PTT-Type Polyesters
Table 21: Global Market Volume for Bio-PTT, by Region, Through 2026
Table 22: Global Market Volume for Bio-PTT, by Application, Through 2026
Table 23: Global Biopolyol Suppliers
Table 24: Global Market Volume for Biopolyols, by Region, Through 2026
Table 25: Global Market Volume for Biopolyols, by Application, Through 2026
Table 26: Global Suppliers of Cellulose Plastic
Table 27: Global Market Volume for Cellulosic Plastics, by Region, Through 2026
Table 28: Global Market Volume for Cellulosic Plastics, by Application, Through 2026
Table 29: Global Market Volume for Other Types of Bioplastics, by Resin Type, Through 2026
Table 30: Global Market Volume for Other Types of Bioplastics, by Application, Through 2026
Table 31: Global Market Volume for Other Types of Bioplastics, by Region, Through 2026
Table 32: Global Market Volume for Bioplastics, by Resin Type, Through 2026
Table 33: Global Market Volume for PLA, by Region/Country, Through 2026
Table 34: Global Market Volume for Starch-Based Plastics, by Region/Country, Through 2026
Table 35: Global Market Volume for Bioplastic Textile, by Source, Through 2026
Table 36: Global Market Volume for Bioplastic Textile, by Material, Through 2026
Table 37: Global Market Volume for Bioplastic Textile, by End User, Through 2026
Table 38: Global Market Volume for Bioplastic Textile, by Region, Through 2026
Table 39: Major Bioplastics Producers in the U.S.
Table 40: U.S. Market Volume for Bioplastics, by Resin Type, Through 2026
Table 41: U.S. Market Volume for Bioplastics, by Application, Through 2026
Table 42: Major Bioplastics Producers in Brazil
Table 43: Brazilian Market Volume for Bioplastics, by Resin Type, Through 2026
Table 44: Brazilian Market Volume for Bioplastics, by Application, Through 2026
Table 45: Major Bioplastics Producers in Germany
Table 46: German Market Volume for Bioplastics, by Resin Type, Through 2026
Table 47: German Market Volume for Bioplastics, by Application, Through 2026
Table 48: Major Bioplastics Producers in Italy
Table 49: Italian Market Volume for Bioplastics, by Resin Type, Through 2026
Table 50: Italian Market Volume for Bioplastics, by Application, Through 2026
Table 51: Major Bioplastics Producers in China
Table 52: Chinese Market Volume for Bioplastics, by Resin Type, Through 2026
Table 53: Chinese Market Volume for Bioplastics, by Application, Through 2026
Table 54: Major Bioplastics Producers in Japan
Table 55: Japanese Market Volume for Bioplastics, by Resin Type, Through 2026
Table 56: Japanese Market Volume for Bioplastics, by Application, Through 2026
Table 57: Examples of Bioplastics Equipment Specialists
Table 58: Summary of the Main Characteristics of Bio-Based Materials for Packaging and Textile Applications
Table 59: Suitability of Bio-Based Plastics for Different Types of Applications
Table 60: Global Market Volume for Bioplastics, by Application, Through 2026
Table 61: Global Market Volume for Bioplastics Used in Packaging Applications, by Segment, Through 2026
Table 62: Global Market Volume for Bioplastics Used in Automotive and Transportation Applications, by Segment, Through 2026
Table 63: Global Market Volume for Bioplastics Used in Medical Applications, by Segment, Through 2026
Table 64: Standards for Bioplastics
Table 65: Associations and Institutions
Table 66: Key Merger and Acquisition Deals in the Bioplastics Industry
Table 67: Arkema S.A.: Company Financial Highlights, 2018-2020
Table 68: Arkema S.A., by Regional Segment
Table 69: Avantium: Company Financial Highlights, 2018-2020
Table 70: Avantium: Patents and Patent Applications, by Business Segment, 2020
Table 71: Avantium: Product Portfolio
Table 72: Avient Corp.: Financial Highlights, 2018-2020
Table 73: Avient Corp.: Product Portfolio
Table 74: BASF: Company Financial Highlights, 2018-2020
Table 75: BASF: Product Portfolio
Table 76: BioLogiQ: Product Portfolio
Table 77: Biome Technologies: Company Financial Highlights, 2018-2020
Table 78: Biome's Bioplastics: Product Portfolio
Table 79: Biomer: Product Portfolio
Table 80: BIOTEC: Product Portfolio
Table 81: Braskem: Company Financial Highlights, 2018-2020
Table 82: Cardia Bioplastics: Product Portfolio
Table 83: Corbion: Company Financial Highlights, 2018-2020
Table 84: Danimer Scientific: Company Financial Highlights, 2019-2020
Table 85: Danimer Scientific: Product Portfolio
Table 86: Dow Inc.: Company Financial Highlights, 2018-2020
Table 87: DuPont: Company Financial Highlights, 2018-2020
Table 88: DuPont Tate & Lyle Bio Products: Product Portfolio
Table 89: Koninklijke DSM N.V.: Company Financial Highlights, 2018-2020
Table 90: Durect Corp.: Company Financial Highlights, 2018-2020
Table 91: Eastman Chemical Co.: Company Financial Highlights, 2018-2020
Table 92: FKuR Plastics Corp.: Product Portfolio
Table 93: Futamura Chemical: Product Portfolio
Table 94: Green Day: Product Portfolio
Table 95: Huhtamaki Oyj: Company Financial Highlights
Table 96: JSR Corp.: Company Financial Highlights, 2018-2020
Table 97: Kaneka.: Company Financial Highlights, 2018-2020
Table 98: Kaneka: Product Portfolio
Table 99: Kingfa.: Company Financial Highlights, 2018-2020
Table 100: NatureWorks: Product Portfolio
Table 101: Novamont: Product Portfolio
Table 102: Plantic Technologies Ltd.: Product Portfolio
Table 103: Rodenburg: Product Portfolio
Table 104: RTP Co.: Product Portfolio
Table 105: RTP Co. Comparison of 30% Glass Fiber Reinforced Compounds
Table 106: Tate & Lyle: Company Financial Highlights, 2018-2020
Table 107: Teijin Ltd.: Company Financial Highlights, 2018-2020
Table 108: Teijin Ltd.: Product Portfolio
Table 109: Teijin Ltd.: SWOT in Plastic Processing Segment
Table 110: Tianan Biologic Material Co., Ltd.: Product Portfolio
Table 111: Toray Industries Inc.: Company Financial Highlights, 2018-2020
Table 112: Virent Energy Systems: Product Portfolio
Table 113: Yield10 Bioscience: Company Financial Highlights, 2018-2020
Table 114: Zhejiang Hisun Biomaterials Co.: Product Portfolio
Table 115: Abbreviations Used in This Report
Table 116: Glossary
List of Figures
Figure A: Bioplastics Advantages
Figure B: Data Source
Summary Figure: Global Market Volume for Bioplastics, by Region, 2020-2026
Figure 1: Bioplastic Segments
Figure 2: Bioplastic Materials
Figure 3: Green Polyethylene Lifecycle
Figure 4: End of Life Options for Bioplastics
Figure 5: Ski Boot Using Rilsan or Nylon 11
Figure 6: Life Cycle Model of Biodegradable Plastics
Figure 7: Market Dynamics
Figure 8: Asia-Pacific Market Volume Trends in Flexible Packaging, 2013-2024
Figure 9: Global Pharmaceutical Sales, by Region, 2018
Figure 10: Impact of COVID-19
Figure 11: Manufacturing of Lactic Acid from Maize Dextrose
Figure 12: Manufacture of PLA from Lactic Acid
Figure 13: Global Market Volume Shares of PLA, by Region, 2020
Figure 14: Global Market Volume Shares of PLA, by Application, 2020
Figure 15: Wheat Starch Extraction
Figure 16: Global Market Volume Shares of Starch-Based Plastics, by Region, 2020
Figure 17: Global Market Volume Shares of Starch-Based Plastics, by Application, 2020
Figure 18: Global Market Volume Shares of PHA, by Region, 2020
Figure 19: Global Market Volume Shares of PHA, by Application, 2020
Figure 20: Global Market Volume Shares of PBS, by Region, 2020
Figure 21: Global Market Volume Shares of PBS, by Application, 2020
Figure 22: Global Market Volume Shares of Biopolyamides, by Region, 2020
Figure 23: Global Market Volume Shares of Biopolyamides, by Application, 2020
Figure 24: Global Market Volume Shares of Bio-PTT, by Region, 2020
Figure 25: Global Market Volume Shares of Bio-PTT, by Application, 2020
Figure 26: Global Market Volume Shares of Biopolyols, by Region, 2020
Figure 27: Global Market Volume Shares of Biopolyols, by Application, 2020
Figure 28: Global Market Volume Shares of Cellulosic Plastics, by Region, 2020
Figure 29: Global Market Volume Shares of Cellulosic Plastics, by Application, 2020
Figure 30: Global Market Volume Shares of Other Types of Bioplastics, by Resin Type, 2020
Figure 31: Global Market Volume Shares of Other Types of Bioplastics, by Application, 2020
Figure 32: Global Market Volume Shares of Other Types of Bioplastics, by Region, 2020
Figure 33: Global Market Volume Shares of Bioplastics, by Region, 2020-2026
Figure 34: Land Area Use Estimation of Bioplastics, 2020 and 2025
Figure 35: Global Market Volume for Bioplastic Textiles, 2020-2026
Figure 36: Global Market Volume Shares of Bioplastic Textile, by Source, 2020
Figure 37: Renewable Feedstocks
Figure 38: Global Market Volume Shares of Bioplastic Textile, by Material, 2020
Figure 39: Global Market Volume Shares of Bioplastic Textile, by End User, 2020
Figure 40: Bioplastic Textiles for Clothing, Footwear and Home Textile
Figure 41: Global Market Volume Shares of Bioplastic Textile, by Region, 2020
Figure 42: Bioplastics Textile Market, Industry Value Chain
Figure 43: Market Dynamics
Figure 44: Co2 Emissions for Different Polymers
Figure 45: Global Market Volume Shares of Bioplastics, by Company, 2020
Figure 46: U.S. Market Volume Shares of Bioplastics, by Resin Type, 2020
Figure 47: Brazilian Market Volume Shares of Bioplastics, by Resin Type, 2020
Figure 48: German Market Volume Shares of Bioplastics, by Resin Type, 2020
Figure 49: Share of Bioplastics Applications in Different Sectors of the European Economy, 2020
Figure 50: Italian Bioplastics Market Shares, by resin type 2020
Figure 51: Chinese Market Volume Shares of Bioplastics, by Resin Type, 2020
Figure 52: Chinese Market Volume Shares of Bioplastics, by Application, 2020
Figure 53: Value Chain of Bio-PET Production
Figure 54: Japanese Market Volume Shares of Bioplastics, by Resin Type, 2020
Figure 55: Japanese Market Volume Shares of Bioplastics, by Application, 2020
Figure 56: Bioplastic Conversion Process
Figure 57: Thermoforming Process
Figure 58: Global Market Volume Shares of Bioplastics in Packaging Applications, by Segment, 2020
Figure 59: Range of Packaging Options Made from Biodegradable Plastics
Figure 60: Global Market Volume Shares of Bioplastics Used in Packaging Applications, by Segment, 2020
Figure 61: Schematic Illustration of an Ideal Cycle of Bio-Based Material Used for Packaging Application
Figure 62: Different Types of Biodegradable Bags
Figure 63: Natur-Ware Bio-Based and Compostable Cutlery
Figure 64: Vehicles Containing Bio-Based Plastics
Figure 65: Global Market Volume Shares of Bioplastics Used in Automotive and Transportation Applications, by Segment, 2020
Figure 66: Bioplastic Touch Screen Computer Casing and Toyota Prius Vent Louver Made of Sorona EP PTT Polyester
Figure 67: Agricultural Mulches, Seeding Strips and Tapes Made from Biodegradable Plastic
Figure 68: Compostable Films
Figure 69: Global Market Volume Shares of Bioplastics Used in Medical Applications, by Segment, 2020
Figure 70: Composting
Figure 71: Waste Framework Directive Pyramid Model
Figure 72: Bioplastics Life Cycle Assessment
Figure 73: Global Market Shares of Bioplastics, by Company, 2020
Figure 74: Arkema S.A.: Revenue Share, by Business Segment, 2020
Figure 75: Avantium: Revenue Share, by Business Segment, 2020
Figure 76: BASF: Revenue Share, b Business Segment, 2020
Figure 77: BASF: Sales Share, by Region, 2020
Figure 78: BASF: Ecovio Film
Figure 79: Biome Technologies: Bioplastics Revenues, by Half Year, 2020
Figure 80: Biomer: Bioplastics Mechanical properties
Figure 81: Corbion: Revenue Share, by Business Segment, 2020
Figure 82: Corbion: Sales Share, by Region, 2020
Figure 83: Danimer Scientific: Sales Share, by Geographic Area, 2020
Figure 84: Dow Inc.: Sales Share, by Region, 2020
Figure 85: Koninklijke DSM N.V: Sales Figures, by Business Segment, 2019 and 2020
Figure 86: Koninklijke DSM N.V: Sales Share, by End-User Segment, 2019 and 2020
Figure 87: Eastman Chemical Co.: Sales Share, by Region, 2020
Figure 88: Biodegradable Greenware
Figure 89: Huhtamaki Oyj: Revenue Share, by Business Segment, 2020
Figure 90: JSR Corp.: Revenue Share, by Business Segment, 2020
Figure 91: Teijin Ltd.: Revenue, Sales Volume Ratio, by Application, 2020
Figure 92: Toray Industries: Revenue Share, by Business Segment, 2020
Figure 93: Coca-Cola's Plant Bottle
Samples
LOADING...
Executive Summary
Bioplastics are plastics materials produced from renewable biomass sources, such as vegetable fats and oils, corn starch, straw, woodchips, sawdust, recycled food waste, etc. Some bioplastics are obtained by processing directly from natural biopolymers including polysaccharides (e.g., starch, cellulose, chitosan and alginate) and proteins (e.g., soy protein, gluten and gelatin), while others are chemically synthesized from sugar derivatives (e.g., lactic acid) and lipids (oils and fats) from either plants or animals, or biologically generated by fermentation of sugars or lipids.
Materials such as starch, cellulose, wood, sugar and biomass are used as a substitute for fossil fuel resources to produce bioplastics; this makes the production of bioplastics a more sustainable activity compared to conventional plastic production.
Support from global conglomerates such as Coca-Cola, Pepsi, H.J. Heinz, Ford, AT&T and Toyota is putting real wind in the sails of the renewably sourced plastics industry. At the same time, governments around the world are looking for ways to reduce their CO2 emissions and dependence on oil-based products and bioplastics are increasingly being viewed as one way to accomplish these goals. Prominent examples of big brands that have introduced bioplastic packaging are Danone (Actimel, Activia, Volvic), Coca-Cola (PlantBottle), and Ecover (cleaning products). The supermarket chains Carrefour, Sainsbury, Billa, Spar and Hofer offer different packaging products and/or shopping bags made of bioplastics. In the leisure/sport sector PUMA, for example, uses bioplastics, and in the automotive market, Ford, Toyota and Mercedes have introduced various bioplastic components in several car models. In the consumer electronics market, Fujitsu is a well-known brand that uses bioplastics in some of its products.
Rising demand results in growing supply and the Chinese government’s increasing support for bioplastics as a way to improve the standard of living in the country’s rural regions is just one example of this. Major indigenous producers of starch plastics and other types of bioplastics are rapidly changing marketplace dynamics. Municipal governments in central, eastern, and southern China are planning for strong growth in all sectors of this industry and developing countries such as Thailand and Brazil are also emerging as bioplastic-producing powerhouses.
Companies Mentioned
- Algix
- Arkema
- Avantium
- Avient Corp. (Polyone)
- BASF
- Bioamber
- Biolog Biotechnologie Und Logistik GmbH
- Biologiq Inc.
- Biome Technologies
- Biomer
- Biotec Biologische Naturverpackungen GmbH & Co.
- Braskem
- Cardia Bioplastics
- Cargill
- Corbion
- Danimer Scientific
- Dow Plastics
- DSM
- Dupont
- Dupont Tate & Lyle Bio Products
- Durect Corp.
- Eastman Chemical Co.
- Fabri-Kal
- Fkur Plastics Corp.
- Futamura Chemical Co., Ltd.
- Green Day Eco-Friendly Material Co.
- Green Science Alliance Co., Ltd.
- Huhtamaki
- Innovia Films
- Japan Corn Starch Co.
- JSR Corp.
- Kaneka
- Kingfa
- Natureworks
- Novamont S.P.A.
- Plantic Technologies Ltd.
- Plaxica
- Rhein Chemie Additives
- Rodenburg Biopolymers Bv
- RTP Co.
- Solanyl Biopolymers
- Synbra Technology
- Tate & Lyle plc
- Teijin
- Teknor Apex
- Tianan Biologic Material Co., Ltd.
- Tianjin Green Bio-Science Co., Ltd.
- Toray
- Urethane Soy Systems Co.
- Virent Energy Systems
- Wuhan Huali Environmental Technology Co.
- Yield10 Bioscience (Metabolix)
- Zea2 (Zeachem Inc.)
- Zhangjiagang Glory Biomaterial Co., Ltd.
- Zhejiang Hisun Biomaterials Co.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 308 |
| Published | November 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value in 2021 | 2.2 Million Metric Tons |
| Forecasted Market Value by 2026 | 3.3 Million Metric Tons |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 55 |
