Global Bioplastics Market 2014-2018

TechNavio - Infiniti Research Ltd.
October 22, 2014
81 Pages - SKU: INF5366230
Countries covered: Global

Global Bioplastics Market 2014-2018

About Bioplastics

Bioplastics are a type a biodegradable plastic derived from renewable sources such as vegetable oil, potatoes, rice, tapioca, pea starch, corn starch, wheat and other grains, sugar cane, and cellulose from wood strands. They are also known as organic plastics because they are derived from sustainable sources. There are different types of bioplastics: polymers that are directly extracted from biomass and processed; polymers that are made of bio-based precursors (polylactic acid or PLA); and polymers by bacteria (PHA and PHBs). Bioplastics are different from conventional plastics and can be used in the manufacturing of various products such as tools, bags, beds, furniture, carpets, films, bottles, cups, and other packaging materials. Further, they can reduce CO2 emissions by 30-70 percent in comparison with conventional plastics.

TechNavio's analysts forecast the Global Bioplastics market to grow at a CAGR of 22.4 percent over the period 2013-2018.

Covered in this Report

The Global Bioplastics market can be segmented into five segments: Packaging and Consumer Goods, Horticulture and Agriculture, Medical Application, Automotive and Electronics, and Others.

TechNavio's report, Global Bioplastics Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Bioplastics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.Key Regions
  • Americas
  • APAC
  • EMEA
Key Vendors
  • Arkema
  • BASF
  • NatureWorks
  • Novamont
  • Plantic Technologies
Other Prominent Vendors
  • BioMatera
  • Dow Chemical
  • EBM Biodegradable Materials
  • FKuR Kunststoff
  • Metabolix
  • Mitsubishi Chemical Holdings
  • Perstorp
  • PHB Industrial
  • Solvay
  • Sphere
  • Zhejiang Hangzhou Xinfu Pharmaceutical
Market Driver
  • Availability of Wide Variety of Feedstock for Bioplastics
  • For a full, detailed list, view our report
Market Challenge
  • Increase in Cost of Production
  • For a full, detailed list, view our report
Market Trend
  • Alternative Production Technology
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Additional Information

Press Release

TechNavio Announces the Publication of its Research Report – Global Bioplastics Market 2014-2018
TechNavio recognizes the following companies as the key players in the Global Bioplastics Market: Arkema SA, BASF SE, NatureWorks, Novamont SpA and Plantic Technologies Ltd.
Other Prominent Vendors in the market are: BioMatera, Dow Chemical, EBM Biodegradable Materials, FKuR Kunststoff, Metabolix, Mitsubishi Chemical Holdings, Perstorp, PHB Industrial, Solvay, Sphere and Zhejiang Hangzhou Xinfu Pharmaceutical.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends observed in the market is the presence of an alternative production technology. Market vendors are heavily investing in the use of algae for bioplastics production. The composition of algae contains a significant amount of oil, which helps in developing bioplastics. Several companies have adopted the use of algae as raw materials to manufacture bioplastics because of its wide availability.”
According to the report, the availability of a wide variety of feedstock for bioplastics is one of the major factors driving the market. The introduction of various renewable sources such as vegetable fat, vegetable oil, microbiota, and pea starch has widened the range of feedstock available for the production of bioplastics.
Further, the report states that the increase in the cost of production is one key challenge that the market faces. High installation costs and expensive feedstock increase the cost of production. Many vendors have incurred losses because of the non-competitive production cost of bioplastics.

Companies Mentioned

Arkema,BASF,NatureWorks,Novamont,Plantic Technologies,BioMatera,Dow Chemical,EBM Biodegradable Materials,FKuR Kunststoff,Metabolix,Mitsubishi Chemical Holdings ,Perstorp,PHB Industrial,Solvay,Sphere,Zhejiang Hangzhou Xinfu Pharmaceutical

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