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The bioplastics market is forecasted to grow by USD 253.98 billion during 2023-2028, accelerating at a CAGR of 39.04% during the forecast period. The report on the bioplastics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of bio-based and renewable raw materials, changing consumer preference toward eco-friendly packaging, and government emphasis on use of biopolymers and efficient plastic waste management.
The bioplastics market is segmented as below:
By Type
- Non-biodegradable
- Biodegradable
By Application
- Packaging and food service
- Agriculture and horticulture
- CG and HA
- Automotive
- Others
By Geography
- Europe
- North America
- APAC
- Middle East and Africa
- South America
The report on the bioplastics market covers the following areas:
- Bioplastics market sizing
- Bioplastics market forecast
- Bioplastics market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global bioplastics market: Arkema Group, BASF SE, Biome Bioplastics Ltd., Braskem SA, Cargill Inc., Corbion nv, DuPont de Nemours Inc., Evonik Industries AG, Finasucre SA, Fkur Kunststoff GmbH, Futerro SA, Koninklijke DSM NV, KURARAY Co. Ltd., Novamont S.p.A., Resonac Holdings Corp., Saudi Basic Industries Corp., Solvay SA, Sulzer Ltd., Teijin Ltd., Toray Industries Inc., Toyota Motor Corp., and Trinseo PLC.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is consumption of bioplastics in novel applications."
According to the report, one of the major drivers for this market is the emergence of bio-based and renewable raw materials.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arkema Group
- BASF SE
- Biome Bioplastics Ltd.
- Braskem SA
- Cargill Inc.
- Corbion nv
- DuPont de Nemours Inc.
- Evonik Industries AG
- Finasucre SA
- Fkur Kunststoff GmbH
- Futerro SA
- Koninklijke DSM NV
- KURARAY Co. Ltd.
- Novamont S.p.A.
- Resonac Holdings Corp.
- Saudi Basic Industries Corp.
- Solvay SA
- Sulzer Ltd.
- Teijin Ltd.
- Toray Industries Inc.
- Toyota Motor Corp.
- Trinseo PLC