Bioplastics Market Forecast to 2030

The Bioplastics industry's essential commercial information and a wide geographic distribution were analysed to develop Emergen Research's Global Bioplastics Market Research Report. The study offers thorough coverage of the qualitative and quantitative analysis of the Bioplastics Market, as well as important statistical information about the market. The research study provides up-to-date projections through 2022 as well as historical data from 2018 to 2019. The research also analyses well-known and up-and-coming market participants, giving a general description of the firm, its product line, business partnerships, and expansion plans.

According to the most recent analysis by Emergen Research, the size of the worldwide bioplastics market was USD 10.64 billion in 2021 and is projected to grow at a revenue CAGR of 16.8% over the forecast period. Between 2022 and 2030, factors such as rising demand for bioplastics from the automotive industry and rising demand for biodegradable plastics to enhance soil quality are anticipated to promote market revenue growth. The main goal and difficulty facing the automobile industry is to lighten the weight of vehicles in order to reduce fuel use and emissions. The best materials for this purpose are bioplastics. Major automakers have adopted these smart plastics, like bio-PA and bio-PP, to lessen their environmental effect and increase the strength of automotive components.

Request a Sample Report with Table of Contents and Figures to visit this site @ https://www.emergenresearch.com/request-sample/169

The global Bioplastics market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Bioplastics industry is witnessing an expansion and change of dynamics owing to the entry of several new players.

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

BASF SE, NatureWorks, Biome Plastics, Braskem, Biotec, Total Corbion, Plantic Technologies, Mitsubishi Chemical Holdings Corporation, Novamont SPA, and Toray Industries

Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends @ https://www.emergenresearch.com/industry-report/bioplastics-market

Some Key Highlights From the Report

  • The biodegradable segment accounted for largest revenue share in 2021, owing to high demand from the packaging, textiles, agricultural, and consumer goods industries. These industries favor biodegradable varieties since they provide the required performance attributes while also being biologically sustainable. Biodegradable bioplastics have many advantages, including lower carbon footprint, less energy usage, eco-friendly disposable solutions, and recyclability. Moreover, biodegradable bioplastics aid in the monitoring of petroleum reserves.
  • The packaging segment is expected to lead in terms of revenue growth rate during the forecast period. Increasing use of bioplastics in the production of compost bags, agricultural foils, nursery products, toys, horticultural items, and textiles is driving revenue growth of the segment. Bioplastics are also used in the manufacturing of clingfilm, disposable cups, plates, bowls, and food containers. Development of food-grade bioplastics has increased the shelf life of food products, which drives their demand and boosts revenue growth of the segment.
  • The bioplastics market in Europe is expected to account for largest revenue share among other regional markets during the forecast period, due to the surging demand for bioplastics from several end-use industries such as packaging, textile, automotive & transport, agriculture, medical, and construction, among others. The region is observing increased investment in R&D and the rising production of bioplastics with producers focusing on expanding their production capacity to cater to consumers' growing demand. Besides, stringent regulatory norms to limit the use of synthetic polymer, in turn, would drive the demand for bioplastics.
  • On 1 July 2021, Solvay completed its acquisition of Bayer's global seed coatings business. The acquisition will expand Solvay's existing seed care portfolio in bio-based, seed-applied treatments, and allows Bayer to reinvest.

Market Overview:

The report bifurcates the Bioplastics market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2019-2030)
    • Biodegradable
  1. Polybutylene Adipate Terephthalate (PBAT)
  2. Polybutylene Succinate (PBS)
  3. Polylactic Acid (PLA)
  4. Polyhydroxyalkanoate (PHA)
  5. Starch Blends
  6. Others
  • Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
    • Online
    • Offline
  • Application Outlook (Revenue, USD Billion; 2019-2030)
    • Packaging
    • Textile
    • Automotive & Transportation
    • Consumer Goods
    • Agriculture
    • Building & Construction
    • Others

Request a impresive discount on the report, click on here @ https://www.emergenresearch.com/request-discount/169

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/169

Thank you for reading our report. For further queries, please connect with us, and our team will provide you the report best suited to your requirements.

Latest Reports Published by Emergen Research:

Bot Services Market      

https://www.emergenresearch.com/industry-report/bot-services-market

Hepatitis Testing Market              

https://www.emergenresearch.com/industry-report/hepatitis-testing-market

Security Orchestration Market  

https://www.emergenresearch.com/industry-report/security-orchestration-market

Titanium Dioxide Nanoparticles Market

https://www.emergenresearch.com/industry-report/titanium-dioxide-nanoparticles-market

Hereditary Genetic Testing Market          

https://www.emergenresearch.com/industry-report/hereditary-genetic-testing-market

CoPolyester Hot Melt Adhesives and Resins Market         

https://www.emergenresearch.com/industry-report/copolyester-hot-melt-adhesives-and-resins-market

Sleep Apnea Devices Market      

https://www.emergenresearch.com/industry-report/sleep-apnea-devices-market

Multiexperience Development Platforms (MXDP) Market             

https://www.emergenresearch.com/industry-report/multiexperience-development-platforms-market

Surgical Sutures Market

https://www.emergenresearch.com/industry-report/surgical-sutures-market

Airborne Optronics Market         

https://www.emergenresearch.com/industry-report/airborne-optronics-market

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

Latest Report: connected healthcare marketultra high temperature milk market

Trending Title: industrial iot marketacoustic insulation market