Biopolymers Bioplastics Market
Biopolymers Bioplastics Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Biopolymers Bioplastics Market Size and Growth
The Biopolymers Bioplastics market is experiencing significant growth, driven by rising environmental concerns and demand for sustainable materials. As of 2023, the market is valued at approximately $8 billion, with a projected annual growth rate exceeding 15%. Key applications include packaging, automotive, and consumer goods, highlighting the versatility of bioplastics. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ NatureWorks
◍ Braskem
◍ BASF
◍ Arkema
◍ DuPont
◍ Novamont
◍ Corbion
◍ Metabolix
◍ PSM
◍ PolyOne
◍ Biome Bioplastics
◍ Biomer
◍ FKuR
◍ Trellis Bioplastics
◍ Kingfa
◍ Cardia Bioplastics
◍ Grabio
The biopolymers bioplastics market features key players like NatureWorks, Braskem, and BASF, focusing on sustainable production and innovation. Companies develop eco-friendly products and expand applications across industries, driving growth. Notable revenues include NatureWorks (approx. $250M), BASF (€5.6B in bioplastics), and Braskem ($1.5B in sustainable chemicals).
◍ MHG
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Market Segmentation
By Application
◍ Packing Industry
◍ Automotive Industry
◍ Bottles manufacturing
◍ Others
By Product
◍ Bio-polyethylene terephthalate (bio-PET)
◍ Polyhydroxyalkanoates (PHA)
◍ Bio-polyethylene (bio-PE)
◍ Starch blends
◍ Polylactic acid (PLA)
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Market Growth
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$ X Billion USD
