Biobased Films Market
Biobased Films Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Biobased Films Market Size and Growth
The biobased films market is experiencing significant growth driven by increasing demand for sustainable packaging solutions. The global market size is projected to reach approximately $5 billion by 2027, fueled by environmental regulations and consumer preferences. Innovative materials and technologies are enhancing biodegradability and performance, reshaping the packaging landscape toward sustainability.
Companies Covered
(Covid 19 Impact Covered)
◍ Mondi Group
◍ Avery Dennison
◍ Taghleef Industries
◍ Toray Plastics
◍ Kuraray
◍ TIPA Sustainable Packaging
◍ Bio Packaging Films
◍ Cosmo Films
◍ BioMass Packaging
◍ NatureWorks LLC
◍ Futerro
◍ Tale ＆ Lyle
◍ Total Corbion PLA
◍ Hiusan Biosciences
◍ Toray Industries
The biobased films market features companies like Mondi Group and Avery Dennison, innovating sustainable solutions. Taghleef and Toray Plastics produce functional films, while NatureWorks and Total Corbion PLA focus on biopolymers. Their advancements promote eco-friendly practices, driving market growth. Key revenue data includes:
- NatureWorks LLC: ~$275 million
- Mondi Group: ~$10 billion
- Total Corbion PLA: ~$60 million
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Market Segmentation
By Application
Medical & Pharmaceutical
Food & Beverage
Agriculture
Home & Personal Care
Others
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By Product
PBAT Films
PLA Films
PHB Films
Others
Market Growth
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$ X Billion USD
