Bio-polymers market in Europe - Segmented by Product Type, By Application Industry, and Geography - Trends and Forecasts (2017 - 2022)
The bio-polymers market in Europe has been estimated at USD XX.XX billion in 2015 and is projected to reach USD XX.XX billion by 2020, at a CAGR of XX.XX% during the forecast period. Bio-polymers are polymers which are produced from living organism. They contain properties such as biodegradability, biocompatibility, and are non-toxic in nature. These polymers are attracting a significant commercial interest owing as they are produced by the chemical polymerisation of naturally occurring monomers.
Bio-polymers can be used for various applications such as pharmaceutical, packaging, electronics, textiles, automotive, and others. Bio-polymers are extensively used in the pharmaceutical applications, accounting for a share of XX.XX % in 2015.The report is also segmented based on the product type into bio-PET, bio-PLA, bio-PE, and others. Bio-PET is the largest segment in terms of revenue and the fastest growing segment in the bio-polymer market accounting for a share of XX.XX% in 2015.
Market Dynamics of the Bio-polymers market in Europe:
Depleting natural resources
Demand from end-user industries
Stringent government regulations
Shortage of raw material
Huge competition from fossil-fuel products
Germany is the leading consumer of bio-polymers in 2015 accounting for a share of XX%. The bio-polymers market in Europe will grow at a high rate during the forecast period owing to the industrial expansion across the region. The market will grow at a healthy pace during the forecast period.
Furthermore, the shifting focus towards eco-friendly products will offer numerous opportunities for the growth of the bio-polymers market. Some of the major companies dominating the market with its products, and continuous product developments are:
Key Deliverables in the Study:
Analysis for the bio-polymers market in Europe, with region specific assessments and competition analysis on a European and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a European and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the bio-polymers market in Europe on both a regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is booming and to also identify the regions that are still untapped.