Biopolymers Market
Biopolymers Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Biopolymers Market Size and Growth
The global biopolymers market research reports indicate a positive growth outlook driven by increasing demand for sustainable and eco-friendly materials. The market size is estimated to be valued at $10.5 billion in 2021, with a projected CAGR of 15% from 2021 to 2026.
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Companies Covered (Covid 19 Impact Covered)
◍ Arkema
◍ BASF
◍ NatureWorks
◍ Novamont
◍ Plantic
The competitive landscape of the biopolymers market includes key players such as Arkema, BASF, NatureWorks, Novamont, and Plantic. These companies manufacture biopolymers for various industries such as packaging, automotive, and textiles. They contribute to the growth of the biopolymers market by investing in research and development and expanding their product portfolios.
- Arkema: Sales revenue $8.9 billion
- BASF: Sales revenue $66 billion
- NatureWorks: Sales revenue $593 million
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Market Segmentation
By Application
◍ Packaging and Food Services
◍ Agriculture and Horticulture
◍ Consumer Goods
◍ Automotive
By Product
◍ PLA
◍ PHA
◍ Biodegradable Starch Blends
◍ Biodegradable Polyesters
◍ Bio-PE
◍ Bio-PET
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$ X Billion USD
Market Growth
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