Bioplastics & Biopolymers Market
Bioplastics & Biopolymers
Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Bioplastics & Biopolymers Market Size and Growth
The bioplastics and biopolymers market is experiencing robust growth, driven by increasing environmental concerns and demand for sustainable alternatives. In 2023, the market size reached approximately $10 billion, projected to expand with a compound annual growth rate (CAGR) of around 15% through 2030. Innovative applications and regulatory support are key drivers. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Braskem
◍ Metabolix
◍ Meredian
◍ Plantic
◍ Corbion
◍ Novamont
◍ Natureworks
◍ Biome Technologies
The bioplastics and biopolymers market features key players like BASF, Braskem, and NatureWorks, focusing on innovations and sustainable solutions. These companies enhance market growth through product development and partnerships. Sales revenue figures include:
- BASF: Approximately $78 billion (2022)
- Braskem: About $16 billion (2022)
- NatureWorks: Estimated $200 million (2022)
◍ Indorama Ventures Public Company Limited
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Market Segmentation
By Application
Packaging
Agriculture
Automotive
By Product
◍ Bio-PE
◍ Starch Blends
◍ PLA
Consumer Products Request Sample Report
◍ Bio-PET
◍ Biodegradable Polyesters ◍ Regenerated Cellulose
Polylactic Acid
Poly Hydroxyalkonoates
Market Growth
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$ X Billion USD
