Global Bioplastics Market Analysis, Growth, Trends & Forecast 2018-2023, With a Projected CAGR of Over 26% - ResearchAndMarkets.com

DUBLIN--()--The "Global Bioplastics Market - Segmented by Type, Origin, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global Bioplastics market was estimated at 3,123.24 kilo tons in 2017, and is expected to register an estimated CAGR of 26.03%, during the forecast period 2018-2023.

Due to the increasing environmental regulations and government initiatives of growing awareness, the consumers are increasingly shifting toward bio-based plastics. Increasing number of bans on traditional plastics is one of the major drivers for growth of this market.

Bioplastics are segmented into biodegradable plastics and non-biodegradable plastics. Currently, non-biodegradable plastics account for around 72% of bioplastic market. Bio-based, non-biodegradable plastics, including the drop-in solutions, such as, bio-based PE, bio-based PET, and bio-based PA, currently make up for around 56% of the global bioplastics production capacities. The production of bio-based PE is predicted to continue to grow, as new capacities are planned in Europe, during the forecast period. Bio-based PE is used in packaging applications, such as, carry bags, plastic films, and bottles.

Globally, the production of Bioplastics is the highest in Asia-Pacific, due to the increasing investments made by major market players, along with a large amount of feedstock. The growing packaging industry, both rigid and flexible packaging, in Asia-Pacific, which also accounts for more than 80% of bioplastic market in Asia-pacific, is the reason for higher production.

Companies Mentioned

  • API S.p.A
  • Arkema SA
  • Bioamber Inc.
  • Bioapply polymers
  • BASF Ag-Bio Plastics market
  • Biotec
  • Braskem
  • Corbion
  • DowDuPont
  • Futerro
  • Green day Eco Friendly Material Co. ltd
  • Kaneka Corporation
  • Meridian Holdings Group
  • Metbolix Inc
  • Mitsubishi chemical Corporation
  • Natureworks LLC
  • Novamont S.P.A.
  • Plantic Technologies Ltd
  • Showa Denko KK
  • Solvay SA
  • Tianjin green Bio Material Co Ltd
  • Toray International Inc
  • Trelis Bioplastics

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

9. Disclaimer

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Contacts

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Laura Wood, Senior Manager
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Related Topics: Bioplastics

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Bioplastics