Biobased Packaging Materials Market
Biobased Packaging Materials Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Biobased Packaging Materials Market Size and Growth
The biobased packaging materials market is experiencing significant growth due to rising environmental concerns and regulatory support. The market size is projected to reach approximately $25 billion by 2027, driven by increased consumer demand for sustainable solutions. Key sectors include food and beverages, personal care, and pharmaceuticals, fostering innovation and competitive strategies. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Natureworks
◍ BASF
◍ Total Corbion
◍ Sulzer
◍ Evonik
◍ Teijin
◍ Mitsubishi Chemical
◍ Cereplast
◍ Bio Amber
◍ DSM
◍ Covestro
◍ Zhejiang Hisun Biomaterials Co
◍ Cargill
◍ Solvay
The biobased packaging materials market features key players like NatureWorks, BASF, and Total Corbion, offering innovative solutions using sustainable resources. These companies drive market growth through advanced technology, product development, and sustainability initiatives.
Sales revenues:
- BASF: €76.2 billion (2022)
- Cargill: $165 billion (2022)
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Market Segmentation
By Application
Food
Medicine
Cosmetics
Others
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By Product
Starch
Cellulose
Protein
Others
Market Growth
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$ X Billion USD
