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Bioplastics & Biopolymers Market by Type ( Non-biodegradable, Biodegradable), End-use Industry (Packaging, Consumer Goods, Automotive, Textiles, Agriculture) and Region (APAC, North America, Europe, and RoW) - Trends & Forecast to 2023

Bioplastics & Biopolymers Market by Type ( Non-biodegradable, Biodegradable), End-use Industry (Packaging, Consumer Goods, Automotive, Textiles, Agriculture) and Region (APAC, North America, Europe, and RoW) - Trends & Forecast to 2023

The market size of bioplastics & biopolymers is estimated at USD 6.95 billion in 2018 and is projected to reach USD 14.92 billion by 2023, at a CAGR of 16.5% from 2018 to 2023.
Increasing use of bioplastics in the packaging end-use industry, increase in waste management regulations in Europe, favorable government policies, increased focus on bio-based content rather than biodegradability, and growing concern for human health are driving the demand for bioplastics & biopolymers. However, high price of bioplastics is a major restraining factor to the market.

The non-biodegradable bioplastics type segment is projected to register the highest CAGR during the forecast period
Non-biodegradable bioplastics is projected to be the largest and the fastest-growing type of bioplastics & biopolymers. The major non-biodegradable bio-based polymers include, bio-PE, bio-PET, bio-PP, bio-PUR, and bio-PEF. Bio-PET is the most widely used non-biodegradable bioplastic. It is majorly used for the bottle packaging application, which accounts for a large share in the packaging industry.

The packaging end-use industry is projected to register the highest CAGR during the forecast period
Packaging is expected to be the largest and the fastest-growing end-use industry in the bioplastics & biopolymers market during the forecast period. Packaging application of bioplastics & biopolymers includes food packaging, pharmaceutical packaging, cosmetics packaging, and shopping bags. Bioplastics & biopolymers are widely used in both rigid packaging and flexible packaging. Increasing environmental legislations have restrained the use of conventional polymers, especially carry bags and packages, which drives the demand for bioplastics & biopolymers. Moreover, stringent government regulations are forcing industries to reduce their carbon content, thereby increasing the demand for bio-based products.

By region, the bioplastics & biopolymers market in APAC is projected to register the highest CAGR during the forecast period
APAC is projected to be the fastest-growing bioplastics & biopolymers market. Government regulations in the region regarding ban on plastic bags and global warming initiatives are also driving the market. The bioplastics & biopolymers market is expected grow at a high rate, during the forecast period, owing to the increasing use of bioplastics across the consumer goods, automotive, agriculture, packaging, and medical industries. The increasing shift toward the use of eco-friendly and sustainable plastics is expected to support the growth of the bioplastics & biopolymers market.

This study was validated through primaries conducted with various industry experts worldwide. The primary sources were divided into three categories, namely, company type, designation, and region.

By Company Type – Tier 1: 35%, Tier 2: 35%, and Tier 3: 30%
By Designation - C Level: 40%, Director Level: 40%, and Others: 20%
By Region - North America: 20%, Europe: 20%, APAC: 50%, and RoW: 10%

Companies Profiled in the Report:
Key players profiled in this report include NatureWorks (US), Braskem (Brazil), Novamont (Italy), BASF (Germany), Total Corbion PLA (Netherlands), Biome Bioplastics (UK), Bio-On (Italy), Toray Industries (Japan), Plantic Technologies (Australia), and Mitsubishi Chemical Corporation (Japan).

Research Coverage:
The report offers insights on bioplastics & biopolymers used in various end-use industries across regions. It aims at estimating the size of the bioplastics & biopolymers market during the forecast period and projects future growth of the market across different segments, such as type, end-use industry, and region. The report also includes an in-depth competitive analysis of the key players in the bioplastics & biopolymers market, along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help market leaders/new entrants in the bioplastics & biopolymers market by providing them the closest approximations of the revenues for the overall market and its various subsegments. This report will help stakeholders obtain a better understanding of the competitive landscape and gain insights to enhance their businesses and devise suitable market strategies. The report will also help stakeholders understand the pulse of the market and help acquire information on key market drivers, restraints, challenges, and opportunities affecting the growth of the bioplastics & biopolymers market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SIGNIFICANT OPPORTUNITIES IN THE BIOPLASTICS & BIOPOLYMERS MARKET
    • EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY APPLICATION AND COUNTRY
    • BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY
    • BIOPLASTICS & BIOPOLYMERS MARKET, BY TYPE
    • BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table REGULATIONS ON THE USE OF PLASTIC BAGS
        • Table ADVERSE HEALTH EFFECTS DUE TO THE USE OF PLASTICS
      • RESTRAINTS
        • Table BIOPLASTIC PRICES
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • TRENDS AND FORECAST OF GDP
      • Table TRENDS AND FORECAST OF GDP, USD BILLION (2016-2022)
    • PLASTIC INDUSTRY TRENDS, 2016
  • BIOPLASTICS & BIOPOLYMERS MARKET, BY TYPE
    • INTRODUCTION
      • Table CONVENTIONAL PLASTICS VS BIOPLASTICS
      • Table TYPES OF BIOPLASTICS & BIOPOLYMERS USED IN PACKAGING APPLICATIONS
      • Table BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
      • Table BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table BIODEGRADABLE BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY SUBTYPE, 2016-2023 (KILOTON)
      • Table BIODEGRADABLE BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY SUBTYPE, 2016-2023 (USD MILLION)
      • Table NON-BIODEGRADABLE BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY SUBTYPE, 2016-2023 (KILOTON)
      • Table NON-BIODEGRADABLE BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY SUBTYPE, 2016-2023 (USD MILLION)
    • BIODEGRADABLE BIOPLASTICS & BIOPOLYMERS
      • PLA
        • Table LIST OF MAJOR SUPPLIERS OF PLA
      • STARCH BLENDS
      • PHA
      • BIODEGRADABLE POLYESTERS
      • OTHERS
    • NON-BIODEGRADABLE BIOPLASTICS & BIOPOLYMERS
      • BIO-PE
      • BIO-PET
      • BIO-PA
      • BIO-PTT
      • OTHERS
  • BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • Table BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
    • PACKAGING
      • PACKAGING SEGMENT ACCOUNTED FOR THE LARGEST END-USE INDUSTRY OF BIOPLASTICS & BIOPOLYMERS
    • CONSUMER GOODS
      • CONSUMER AWARENESS FOR ECO-FRIENDLY GOODS
    • AUTOMOTIVE
      • BIOPLASTICS & BIOPOLYMERS ARE WIDELY USED IN AUTOMOTIVE INDUSTRY OWING TO THEIR IMPROVED PROPERTIES
    • TEXTILE
      • BIOPLASTICS & BIOPOLYMERS ARE EXTENSIVELY USED IN TEXTILE INDUSTRY DUE TO THEIR LOW MOISTURE REGAIN PROPERTY
    • AGRICULTURE
      • BIODEGRADABLE PLASTICS ARE USED IN THE AGRICULTURE & HORTICULTURE INDUSTRY FOR MANUFACTURING MULCHES,
    • OTHERS
      • HEALTHCARE
      • BUILDING & CONSTRUCTION
  • BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION
    • INTRODUCTION
      • Table BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY REGION, 2016-2023 (KILOTON)
      • Table BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • APAC
      • Table APAC: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table APAC: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table APAC: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • Table APAC: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • CHINA
        • Table CHINA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table CHINA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • INDIA
        • Table INDIA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table INDIA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • JAPAN
        • Table JAPAN: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table JAPAN: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table SOUTH KOREA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table REST OF APAC: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • Table NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • US
        • Table US: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table US: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • CANADA
        • Table CANADA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table CANADA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • MEXICO
        • Table MEXICO: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table MEXICO: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • Table EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • GERMANY
        • Table GERMANY: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table GERMANY: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • ITALY
        • Table ITALY: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table ITALY: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • FRANCE
        • Table FRANCE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table FRANCE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • SPAIN
        • Table SPAIN: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table SPAIN: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • UK
        • Table UK: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table UK: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table REST OF EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
    • ROW
      • Table ROW: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table ROW: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table ROW: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • Table ROW: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table BRAZIL: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table ARGENTINA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • OTHERS
        • Table OTHERS: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
        • Table OTHERS: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS OF KEY PLAYERS
      • NATUREWORKS
      • BRASKEM
      • BASF
      • NOVAMONT
      • TOTAL CORBION PLA
    • COMPETITIVE SCENARIO
      • INVESTMENTS & EXPANSIONS
        • Table INVESTMENTS & EXPANSIONS, 2014-2018
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2014-2018
      • AGREEMENTS, PARTNERSHIPS, AND JOINT VENTURES
        • Table AGREEMENTS, PARTNERSHIPS, AND JOINT VENTURES, 2014-2018
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2014-2018
  • COMPANY PROFILES
    • NATUREWORKS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BRASKEM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BASF SE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • NOVAMONT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TOTAL CORBION PLA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BIOME BIOPLASTICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BIO-ON
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MITSUBISHI CHEMICAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • TORAY INDUSTRIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • PLANTIC TECHNOLOGIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OTHER PLAYERS
      • TIANAN BIOLOGIC MATERIALS
      • SYNBRA TECHNOLOGY
      • ZHEJIANG HISUN BIOMATERIALS
      • SUCCINITY
      • PERSTORP
      • ARKEMA
      • CARGILL
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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