Market Research Logo

Global Bioplastics Market 2016-2020new

About the Bioplastics Market

Bioplastic is a biodegradable product, which is derived from the renewable sources. These renewable sources include natural products such as potatoes, vegetable oil, rice, pea starch, tapioca, corn starch, sugar cane, wheat, grains, and cellulose from wood. Currently, there are many types of bioplastics in the global market, which are directly extracted from biomass, processed polymers, bio-based precursors such as PLA, and polymers manufactured by using derivatives of bacteria such as polyhydroxy butyrate and PHA. Bioplastics are different from conventional plastics and are used in the production of tools, bags, furniture, carpets, films, bottles, cups, and other packaging materials. Production of bioplastics reduces CO2 emissions by 31%-71% in comparison with other conventional plastics. The global bioplastics market is driven by the emergence of renewable resources, biomass, and bio-based raw materials such as starch and vegetable crop derivatives. In 2015, bio-based bioplastics accounted for more than 80% of the global bioplastics market. The use of bioplastics in numerous applications such as packaging and domestic goods has facilitated plastics manufacturers to reduce the overdependence on petroleum-based plastics.

Technavio’s analysts forecast the global bioplastics market to grow at a CAGR of 29.3% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global bioplastics market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of bioplastics globally. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Bioplastics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • NatureWorks
  • Arkema
  • Novamont
  • Plantic
Other prominent vendors
  • DSM
  • DuPont
  • Evonik Industries
  • Ecospan
  • Toray Industries
Market driver
  • Changing consumer preference toward eco-friendly packaging
  • For a full, detailed list, view our report
Market challenge
  • Cost-effectiveness of conventional plastic over bioplastics
  • For a full, detailed list, view our report
Market trend
  • Consumption of bioplastics in novel applications
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Bioplastics Market 2016-2020

Technavio recognizes the following companies as the key players in the global bioplastics market: BASF, NatureWorks, Arkema, Novamont, and Plantic.

Other Prominent Vendors in the market are: DSM, DuPont, Evonik Industries, Ecospan, and Toray Industries.

Commenting on the report, an analyst from Technavio’s team said: “One trend leading to the growth of this market is the consumption of bioplastics in novel applications. With the increasing focus on sustainability and favorable government regulations for green procurement policies, the global bioplastic market will experience significant opportunities in the consumer goods and packaging sectors. The packaging applications are expected to experience significant growth with biodegradable mulch films, compostable waste bags, catering products, film packaging, and rigid packaging.”

According to the report, the emergence of bio-based and renewable raw materials will be a major growth promoting factor for this market. The global bioplastics market is driven by the emergence of renewable resources, biomass, and bio-based raw materials such as starch and vegetable crop derivatives. In 2015, bio-based bioplastics accounted for more than 80% of the global bioplastics market. The use of bioplastics in numerous applications such as packaging and domestic goods has facilitated plastics manufacturers to reduce the overdependence on petroleum-based plastics.

Further, the report states that the durability of bioplastics will pose a significant challenge for the growth of this market. The functional attributes of green plastics compared to conventional petroleum-based plastics include low barrier properties to air, water, oxygen, and low resistance to heat. Tests and trials are being carried out to increase the durability of bioplastics. Poor mechanical properties and process capabilities of bioplastics have been restricting the growth of the bioplastics market, and therefore, inhibiting its use in different applications.

Companies Mentioned

BASF, NatureWorks, Arkema, Novamont, Plantic, DSM, DuPont, Evonik Industries, Ecospan, and Toray Industries.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global bioplastics market
      • Table Global bioplastics market by type
      • Table Global bioplastics market by application
      • Table Global bioplastics market by geography
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market size and forecast
      • Table Global bioplastics market 2015-2020 ($ billions)
      • Table Global bioplastics market growth driven by emerging economies between 2015 and 2020
    • Five forces analysis
      • Table Five forces analysis
    • Critical aspects of bioplastics industry
      • Table Critical aspects of bioplastic industry
    • Value chain analysis
      • Table R&D: Key steps in bioplastics value chain
  • Market segmentation by type
    • Global bioplastics market by type
      • Table Conventional and bio-based plastic products
      • Table Global bioplastics market by material type 2015
      • Table Global bioplastics market by type 2015
      • Table Global bioplastics market by type 2020
      • Table Bioplastics market by type 2015-2020 ($ billions)
    • Bioplastics in biodegradable segment
      • Table Biodegradable bioplastics by end-use application 2015
      • Table Global bioplastics market in biodegradable segment 2015-2020 ($ billions)
    • Bioplastics market in non-biodegradable segment
      • Table Non-biodegradable bioplastics market by end-use application 2015
      • Table Global bioplastics market in non-biodegradable segment 2015-2020 ($ billions)
  • Market segmentation by application
    • Global bioplastics market by application
      • Table Internal and external drivers of global bioplastics market
      • Table Global bioplastics market by application 2015
      • Table Global bioplastics market by application 2020
    • Bioplastics in packaging and food services application
      • Table Global bioplastics market by packaging and food services 2015-2020 ($ billions)
    • Bioplastics in agriculture and horticulture application
      • Table Global bioplastics market by agriculture and horticulture 2015-2020 ($ billions)
    • Bioplastics in consumer goods and household appliances
      • Table Global bioplastics market by consumer goods and household appliances 2015-2020 ($ billions)
    • Bioplastics in automotive application
      • Table Global bioplastics market by automotive 2015-2020 ($ millions)
    • Bioplastics in other application
      • Table Global bioplastics market by other application 2015-2020 ($ billions)
  • Market segmentation by geography
    • Global bioplastics market by geography
      • Table Global bioplastics market by geography 2015
      • Table Global bioplastics market by geography 2020
      • Table Global bioplastics market by geography 2015-2020 ($ billions)
      • Table Global production capacity of bioplastics 2015
    • Bioplastics market in Europe
      • Table Bioplastics market in Europe 2015-2020 ($ billions)
    • Bioplastics market in North America
      • Table Bioplastics market in North America 2015-2020 ($ billions)
    • Bioplastics market in APAC
      • Table Bioplastics market in APAC 2015-2020 ($ billions)
    • Bioplastics market in ROW
      • Table Bioplastics market in ROW 2015-2020 ($ millions)
  • Market drivers
    • Emergence of bio-based and renewable raw materials
    • Changing consumer preference toward eco-friendly packaging
    • Growing prominence of bioplastic
    • Adoption of green procurement policies
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Cost-effectiveness of conventional plastic over bioplastics
    • Durability of bioplastics
    • Complexity in adopting bioplastics over conventional plastics
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Consumption of bioplastics in novel applications
    • China leads bioplastic market in production
      • Table Global production capacity of bioplastics 2013
      • Table Global production capacity of bioplastics 2020
    • Availability of cheap bio-based raw materials
  • Vendor landscape
    • Competitive scenario
      • Table Bioplastics: Production capacity 2015-2020 (million metric tons)
    • Major market vendors
      • Table Global bioplastics market: Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • Arkema
      • Table Arkema: Business segmentation by revenue 2015
      • Table Arkema: Geographical segmentation by revenue 2015
      • Table Arkema: Products offered
      • Table Key takeaways
    • BASF
      • Table BASF: Business segmentation by revenue 2015
      • Table BASF: Geographical segmentation by revenue 2015
      • Table Key takeaways
    • NatureWorks
      • Table Key takeaways
    • Novamont
      • Table Novamont: Products offered
      • Table Novamont: Applications of Mater-Bi
      • Table Key takeaways
    • Plantic
      • Table Plantic: Products offered
      • Table Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report