Bioplastics Market Overview
The size of the bioplastics market was estimated at USD 7.52 billion in 2023, and it is anticipated that overall bioplastics revenue will increase at a compound annual growth rate (CAGR) of 12.8% between 2024 and 2030, to reach almost USD 17.48 billion.
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Bioplastics Market Scope and Methodology:
The report describes the competitive landscape, identifies key competitors and their market positions, and provides an in-depth overview of the Bioplastics industry. It also covers new product developments and technological trends in the market. Detailed data on revenue, sales volume, and average prices are provided for the entire Bioplastics market and its sub-segments benefiting companies, new entrants, and industry-related companies in the Bioplastics market. Bioplastics Market analysis identifies current market trends that affect growth and potential.
The report includes both qualitative and quantitative research, with a focus on data interpretation, pattern recognition, and deep understanding. Market segments and sectors are studied using a hierarchical approach that examines the strategies of Bioplastics industry-leading companies. The report also includes information on import/export activities, market dynamics, values, costs, revenue and gross margins.
Bioplastics Market Regional Insights
In a regional analysis, the Bioplastics market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Regions are categorized into countries such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia and South Korea.
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Bioplastics Market Segmentation
by Type
Biodegradable
Non-biodegradable/Bio-based
by End-Use
Packaging
Consumer Goods
Automotive Transportation
Others
by Application
Flexible Packaging
Rigid Packaging
Automotive and Assembly Operations
Agriculture and Horticulture
Construction
Textiles
Electrical and Electronics
Other Applications
More than 55% of the world's bioplastics manufacturing capacity is currently anticipated to be made up of biodegradable polymers, such as PLA, PHA, starch blends, and others. The PHA's notable growth rates and new investments for PLA production in the near future are anticipated to boost the production capacity of biodegradable polymers.
Bioplastics Market Key Players
1. Teijin Ltd.
2. Toray Industries
3. Toyota Tsusho
4. M G Chemicals
5. PTT Global Chemical Public Company Ltd
6. Showa Denko K.K.
7. NatureWorks LLC
8. SABIC
9. BASF SE
10.Futerro SA
11.E. I. du Pont de Nemours and Company
12.Braskem
13.Corbion N.V.
14.Galactic
15.Solvay SA
16.Kaneka Takasago
17.Taghleef Industries
18.Genecis
19.Roquette
20.Succinity GmbH
21.Danimer Scientific
22.Trifilon
23.Biofase
24.Bioapply
25.Lyondellbase
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Key questions answered in the Bioplastics Market are:
- What is Bioplastics?
- What was the Bioplastics market size in 2023?
- What is the growth rate of the Bioplastics Market?
- Which is the fastest-growing region in the Bioplastics market?
- Which are the factors expected to drive the Bioplastics market growth?
- What is the CAGR at which the Bioplastics market will grow during the forecast period?
- What growth strategies are the players considering to increase their presence in Bioplastics?
- What are the upcoming opportunities and trends for the Bioplastics Market?
- What are the different segments of the Bioplastics Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Bioplastics Market?
- What segments are covered in the Bioplastics Market?
- Who are the key players in the Bioplastics market?
- Who are the leading companies and what are their portfolios in Bioplastics Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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