Bio polymers market 2018 business growth strategies & forecast 2022

Plastic Additives Research Report- Forecast to 2023

Bio Polymers Market 2018 Business Growth Strategies &

Forecast 2022

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Plastic Additives Research Report- Forecast to 2023

1 Summary The Global Bio polymers is expected to witness a significant growth of USD ~ 6.37 billion by 2023 with CAGR of ~12.05 % between 2016 and 2023 Biopolymers are polymers which is produced from biomass, and also bio-degrade with the action of heat, micro-organisms, and moisture. Biopolymers can be made by left-over starch from a crop that has been grown for foodstuffs. Increased use of bio-polymers would reduce the dependence on fossil fuels, another benefit is that biopolymers are easily bio-degradable. Bio polymers plastics, such as biobased PE and biobased PET, are the main drivers of global biopolymers market growth. More than 65% of the bioplastics production capacity worldwide in 2016 was biobased, long-lasting plastics.

Bio polymers has found in various applications such as films, bottles, fibers, seed coating, vehicle components, medical implants, and others. Increasing in demand of packaging industry is likely to drive the bio polymers market growth. The growing packaging and construction industry on account of developing domestic as well as commercial market particularly in Asia-Pacific and North America has boosted the global bio polymers market over the forecasted period.

Key Players for Plastic Additives Market:

BASF SE (Europe), Braskem S.A (UK), Biome Technologies Plc (UK), Plantic Technologies Limited (Austrelia), Bio-on S.p.A. (Europe), Novamont S.P.A (Europe), Toray Industries Inc (Japan), Tianjin GreenBio Materials Co., Ltd (Japan), Danimer Scientific (US), Rodenburg Biopolymers (US), and Others.

Regional Analysis Asia Pacific is the largest market of bio polymers in terms of production especially in China region. The Second largest market in terms of production is Europe followed by North America. In terms of consumption global bio polymers market is led by Europe region due to demand in various applications such as packaging and pharmaceutical industry. Second position is held by APAC region and the third largest market of bio polymers is North America. Latin America and Middle East also witnessed in growth of bio polymers market due to various application such as films, bottles, bottles, fibers, seed coating, vehicle components, medical implants, and others.

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Plastic Additives Research Report- Forecast to 2023

2 Market Overview: The global plastic additives market has seen a remarkable growth over the past decade and as per the analysis, the global market will retain this growth status during the forecast period. The global plastic additives market is expected to reach more than USD 55 billion by 2023 with a CAGR of more than 5.5%. Additives in plastic increase it’s the strength, reliability and other physical properties. Plastic is one of most used material in several application ranging from packaging, automotive, wire and cable, consumer goods, construction and so on. The global plastic additives market is mainly driven by the increasing demand of plastic and growing application segment across the globe.

Additionally, the emerging economies of APAC region, rising per capita income and increasing urbanization has also become the growing factors.

Segmentation The global bio polymers market is majorly segmented on the basis of types, application, end users and region. Based on types bio polymers the market is segmented into bio- polyethylene (PE), biopolyethylene terephthalate (PET), poly lactic acid (PLA), polyhydroxyalkanoate (PHA), biodegradable polyesters, and others (regenerated cellulose, starch blends). Based on application of bio polymers the market is segmented into films, bottles, bottles, fibers, seed coating, vehicle components, medical implants, and others (printed circuit boards, audio devices, fuel and exhaust system). Based on end user the market segmented into packaging, agriculture, automotive, pharmaceutical, construction, and others (electronics, personal care, sports), and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.

Geographic Analysis The report covers brief analysis of geographical region such as: North America  US  Canada Europe      

Germany France Italy Netherlands U.K. Rest of Europe

APAC    

China India Japan Rest of Asia-Pacific

RoW 

South America

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Plastic Additives Research Report- Forecast to 2023  

Middle East Africa

The report about Global Bio Polymers Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance.

The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.

Study Objectives of Bio Polymers Market:

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To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Bio Polymers Market

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To understand the supply and demand dynamics including supply and consumption concentration mapping

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To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries

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To provide competitor positioning of the market

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To provide company profiling of major players in the market along with their production and capacity

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To provide regional trade analysis

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Copyright © 2018 Market Research Future.

Plastic Additives Research Report- Forecast to 2023

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Copyright Š 2018 Market Research Future.