The global Bioplastics & Biopolymers market was valued at US$ 3819.4 million in 2022 and is projected to reach US$ 4779 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Bioplastics & Biopolymers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Bioplastics & Biopolymers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Bioplastics & Biopolymers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Biopolymers/bioplastics is a material for which at least a portion of polymer consists of material produced from biomaterials. It represent a new generation of plastics that reduces the impact on the environment, both in terms of energy consumption and the amount of greenhouse gas emissions.
This report aims to provide a comprehensive presentation of the global market for Bioplastics & Biopolymers, 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 Bioplastics & Biopolymers. This report contains market size and forecasts of Bioplastics & Biopolymers in global, including the following market information:
- Global Bioplastics & Biopolymers Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Bioplastics & Biopolymers Market Sales, 2018-2023, 2024-2029, (MT)
- Global top five Bioplastics & Biopolymers companies in 2022 (%)
NatureWorks, Braskem, Arkema, Novamont, BASF and Kingfa are the main players in this industry. Among them, NatureWorks is the leader in the global market, and it accounted for 13% of the global revenue market share in 2019.
Production areas include North America, Europe, China and Japan. In 2019, the global Bioplastics and Biopolymers market is led by Europe with nearly 47%. USA is the second-largest region-wise market with about 24%.
In terms of product types, there are Starch Blends, PLA, Bio-PE, PBAT and Bio-PET. Starch Blends is the largest segment with a market share of nearly 28%, followed by PLA with 19%.
Bioplastics and biopolymers can be used in packing industry, consumer products, agriculture & horticulture, automotive industry. The packing industry accounted for about 56 per cent of the global market in 2019.
We surveyed the Bioplastics & Biopolymers 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 Bioplastics & Biopolymers Market, by Materials, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Bioplastics & Biopolymers Market Segment Percentages, by Materials, 2022 (%)
- Bio-PE
- Starch Blends
- PLA
- Bio-PET
- Biodegradable Polyesters
- Regenerated Cellulose
- Polylactic Acid
- Poly Hydroxyalkonoates
Global Bioplastics & Biopolymers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Bioplastics & Biopolymers Market Segment Percentages, by Application, 2022 (%)
- Packaging
- Agriculture
- Automotive
- Consumer Products
Global Bioplastics & Biopolymers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Bioplastics & Biopolymers Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Bioplastics & Biopolymers revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Bioplastics & Biopolymers revenues share in global market, 2022 (%)
- Key companies Bioplastics & Biopolymers sales in global market, 2018-2023 (Estimated), (MT)
- Key companies Bioplastics & Biopolymers sales share in global market, 2022 (%)
key players include:
- BASF
- Braskem
- Metabolix
- Meredian
- Plantic
- Corbion
- Novamont
- Natureworks
- Biome Technologies
- Indorama Ventures Public Company Limited
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bioplastics & Biopolymers, market overview.
Chapter 2: Global Bioplastics & Biopolymers market size in revenue and volume.
Chapter 3: Detailed analysis of Bioplastics & Biopolymers 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 materials, 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 Bioplastics & Biopolymers 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 Bioplastics & Biopolymers 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.
