The Middle East & Africa bioplastics and biopolymers market is expected to grow from US$ 363.61 million in 2023 to US$ 630.09 million by 2030. It is estimated to grow at a CAGR of 8.2% from 2023 to 2030.
Bioplastic and biopolymer packaging options include bags for agricultural foils, compost, nursery products, horticultural products, toys, and textiles. They are usually utilized for disposable cups, plates, salad bowls, clingfilm, and food containers. The development of sophisticated bioplastic and biopolymer packaging for food products has notably enhanced the shelf life of food. Its use helps brands connect with their customers by showing they are conscious of their environmental footprint. Bioplastics and biopolymers offer an alternative approach to packaging and are a real solution to reduce traditional plastic use and waste. Factors such as growing environmental concerns and a global endeavor to lessen pollution are driving the demand for biodegradable plastics in the packaging sector across the region. Thus, the growing demand for eco-friendly plastics in the packaging sector is a major factor boosting the growth of the bioplastics and biopolymers market growth.
Based on product type, the Middle East & Africa bioplastics and biopolymers market is segmented into polyethylene, polyethylene terephthalate, polylactic acid, polytrimethylene terephthalate, polybutylene adipate terephthalate, polybutylene succinate, cellulose, blends, and others. The blends segment accounted the largest share of the Middle East & Africa bioplastics and biopolymers market in 2023.
Based o n end-use industry, the Middle East & Africa bioplastics and biopolymers market is divided into packaging, consumer goods, automotive, textile, building and construction, medical, agriculture, and others. The packaging segment held the largest share of the Middle East & Africa bioplastics and biopolymers market in 2023.
Based on country, the Middle East & Africa bioplastics and biopolymers market is segmented int o South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa bioplastics and biopolymers market in 2023.
Arkema SA, BASF SE, Braskem SA, Corbion NV, Eastman Chemical Co, Mitsubishi Chemical Holdings Corp, Mitsui Chemicals Inc, Novamont SpA, and Saudi Basic Industries Corp are some of the leading companies operating in the Middle East & Africa bioplastics and biopolymers market.
Reasons to Buy
Rising Demand for Eco-Friendly Plastics in Packaging Industry Drives Middle East & Africa Bioplastics and Biopolymers Market
Polylactic acids (PLAs) are the most typically used bioplastic in food packaging, whereas polyhydroxyalkanoates (PHAs) are often used in medical applications, including sutures and cardiovascular patches. PLA has properties similar to polyethylene and polypropylene. Its advantages, such as high rigidity, transparency, stability, and superior performance, make it highly usable in food packaging. Further, producing PLA plastic saves two-thirds of the energy required for fabricating fossil fuel-based plastics. PLAs emit almost 70% fewer greenhouse gases than conventional plastics during the degradation in a landfill.Bioplastic and biopolymer packaging options include bags for agricultural foils, compost, nursery products, horticultural products, toys, and textiles. They are usually utilized for disposable cups, plates, salad bowls, clingfilm, and food containers. The development of sophisticated bioplastic and biopolymer packaging for food products has notably enhanced the shelf life of food. Its use helps brands connect with their customers by showing they are conscious of their environmental footprint. Bioplastics and biopolymers offer an alternative approach to packaging and are a real solution to reduce traditional plastic use and waste. Factors such as growing environmental concerns and a global endeavor to lessen pollution are driving the demand for biodegradable plastics in the packaging sector across the region. Thus, the growing demand for eco-friendly plastics in the packaging sector is a major factor boosting the growth of the bioplastics and biopolymers market growth.
Middle East & Africa Bioplastics and Biopolymers Market Overview
The Middle East & Africa (MEA) bioplastics and biopolymers market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. There is a growing demand for bioplastics and biopolymers from the packaging industry in the region. PLA is a promising biobased and biodegradable polymer that can be utilized as a food packaging material. PLA is excellent for fresh organic packaging owing to its good breathing properties. Moreover, the growing awareness regarding the environmental hazards of plastic products is driving the bioplastics and biopolymers market in the MEA. Also, the rising consumer demand for eco-friendly packaging materials further increases the need for sustainability and innovation. Also, companies in this market are investing in R&D programs to develop biodegradable materials.Middle East & Africa Bioplastics and Biopolymers Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Bioplastics and Biopolymers Market Segmentation
The Middle East & Africa bioplastics and biopolymers market is segmented into product type , end-use industry, and country.Based on product type, the Middle East & Africa bioplastics and biopolymers market is segmented into polyethylene, polyethylene terephthalate, polylactic acid, polytrimethylene terephthalate, polybutylene adipate terephthalate, polybutylene succinate, cellulose, blends, and others. The blends segment accounted the largest share of the Middle East & Africa bioplastics and biopolymers market in 2023.
Based o n end-use industry, the Middle East & Africa bioplastics and biopolymers market is divided into packaging, consumer goods, automotive, textile, building and construction, medical, agriculture, and others. The packaging segment held the largest share of the Middle East & Africa bioplastics and biopolymers market in 2023.
Based on country, the Middle East & Africa bioplastics and biopolymers market is segmented int o South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa bioplastics and biopolymers market in 2023.
Arkema SA, BASF SE, Braskem SA, Corbion NV, Eastman Chemical Co, Mitsubishi Chemical Holdings Corp, Mitsui Chemicals Inc, Novamont SpA, and Saudi Basic Industries Corp are some of the leading companies operating in the Middle East & Africa bioplastics and biopolymers market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa bioplastics and biopolymers market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa bioplastics and biopolymers market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Middle East & Africa Bioplastics and Biopolymers Market Landscape
5. Middle East & Africa Bioplastics and Biopolymers Market - Key Market Dynamics
6. Bioplastics and Biopolymers Market - Middle East & Africa Market Analysis
7. Middle East & Africa Bioplastics and Biopolymers Market Analysis - Product Type
8. Middle East & Africa Bioplastics and Biopolymers Market Analysis - End-Use Industry
9. Middle East & Africa Bioplastics and Biopolymers Market - Country Analysis
10. Competitive Landscape
11. Industry Landscape
12. Company Profiles
List of Tables
List of Figures
Companies Mentioned
- Arkema SA
- BASF SE
- Braskem SA
- Corbion NV
- Eastman Chemical Co
- Mitsubishi Chemical Holdings Corp
- Mitsui Chemicals Inc
- Novamont SpA
- Saudi Basic Industries Corp
