Report overview
Bio based functional polymers are derived from agricultural feedstock such as corn and potatoes which reduces the dependency on petrochemical products. Initially bio based functional polymers were derived from agricultural feedstock but a recent breakthrough in biotechnology allows polymer derivation from bacterial fermentation, nucleic acids, polysaccharides and proteins.
This report aims to provide a comprehensive presentation of the global market for Bio Based Functional Polymers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio Based Functional Polymers. This report contains market size and forecasts of Bio Based Functional Polymers in global, including the following market information:
Global Bio Based Functional Polymers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Bio Based Functional Polymers Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Bio Based Functional Polymers companies in 2022 (%)
The global Bio Based Functional Polymers market was valued at US$ 6381.3 million in 2022 and is projected to reach US$ 11630 million by 2029, at a CAGR of 9.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia Pacific was the largest regional market in 2017 owing to growing industrialization in emerging countries such as China and India. Demand for natural polymers and favorable regulatory acts are expected to have a positive influence on this regional market. South America is also expected to witness significant growth owing to growth of industrialization in Brazil over the forecast period. Easy access to feedstock in both these regions is expected to act as a competitive advantage over other regional bio-based functional polymer markets. Europe and North America are expected to experience moderate market growth over the next six years.
We surveyed the Bio Based Functional Polymers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bio Based Functional Polymers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Bio Based Functional Polymers Market Segment Percentages, by Type, 2022 (%)
Polylactic acid (PLA)
Polyhydroxyalkanoates (PHA)
Polyethylene Terephthalate (PET)
Polybutylene Succinate (PBS)
Polypropylene (PP)
Polyethylene (PE)
Global Bio Based Functional Polymers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Bio Based Functional Polymers Market Segment Percentages, by Application, 2022 (%)
Pipe
Profile
Insulation
Global Bio Based Functional Polymers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Bio Based Functional Polymers Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bio Based Functional Polymers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bio Based Functional Polymers revenues share in global market, 2022 (%)
Key companies Bio Based Functional Polymers sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Bio Based Functional Polymers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nature Works
Futerro
Bio-on
Kaneka
BASF
DowDuPont
Novamont
Ulbe
IRE Chemical
Meridian
Metabolix
Mitsubishi Gas Chemicals
Toyobo
Purac
Yikeman Shandong
Livan
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bio Based Functional Polymers, market overview.
Chapter 2: Global Bio Based Functional Polymers market size in revenue and volume.
Chapter 3: Detailed analysis of Bio Based Functional Polymers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bio Based Functional Polymers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Bio Based Functional Polymers capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
