Biopolymers/Bioplastics Market By Type, Application, & Geography to 2018

The report “Biopolymers/Bioplastics Market By Type (Bio PET, Bio PE, PLA, PHA, Bio PBS, Starch Blends, and Regenerated Cellulose), By Application (Packaging, Bottles, Fibers, Agriculture, Automotive, and Others), By Geography – Trends & Forecasts to 2018″ by MarketsandMarkets is now available at RnRMarketResearch.com. Contact sales@rnrmarketresearch.com with Biopolymers/Bioplastics Market By Type (Bio PET, Bio PE, PLA, PHA, Bio PBS, Starch Blends, and Regenerated Cellulose), By Application (Packaging, Bottles, Fibers, Agriculture, Automotive, and Others), By Geography – Trends & Forecasts to 2018 in subject line and your contact details to purchase this report or get your questions answered.

Biopolymers have found wide acceptance in various industries, on account of its distinguished environment friendly properties. On the basis of application areas, the market of biopolymers can be broadly segmented into packaging, bottles, fibers, agriculture, automotive, and others. Though packaging and bottles are the major biopolymers applications and serve an array of industries due to their various properties and performance advantages. Among major biopolymers, PHA is an emerging market and its demand is growing at good pace.

North America is the biggest market for biopolymers, consuming more than one-third of the total global demand for biopolymers. There is a lot of scope in the Asia-Pacific market due to strong and increasing manufacturing and industrial base, which are the major end consumers of biopolymers. Additionally, increasing need in Europe for high performance material for fibers and injection molding is pushing the demand for PLA at a considerable pace. With the emerging technological developments and innovations in Europe, the demand growth for biopolymers may further augment at a high pace.

Currently, the penetration of biopolymers is increasing in packaging, bottles, and automotive at a very high pace around the globe. The key drivers for increasing demand of biopolymers in all the sectors are biodegradability of these materials, and positive attitude of government towards green procurement policies. On the other hand, increasing scope in end user segment and under penetration in Asian countries are the major upcoming opportunities in the market, and technological developments, and innovations are identified as key strategies to capitalize on these opportunities.

This study on biopolymers market estimates the global demand for biopolymers and market value for 2012 and projects the expected demand and market value of the same by 2018. As a part of quantitative analysis, the study segments the global market by type, application and geography with current market estimation and forecast till 2018. The countries covered in the report are China, Japan, U.S., Italy, Germany, and France. The segmentation by type includes bio-PET, bio-PE, PLA, PHA, bio-PBS, starch blends, and regenerated cellulose; while on the basis of its application the segmentation includes packaging, bottles, fibers, agriculture, automotive, injection molding and others.

Further as a part of qualitative analysis, the research provides report with a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, and key issues in the market. It also includes the company profiling and competitive strategies adopted by various market players including NatureWorks LLC (U.S), Metabolix Inc. (U.S), and Braskem S.A. (Brazil), Meredian Inc. (U.S), Indorama ventures Public Co. Ltd (Thailand), Novamont S.P.A (Italy), and so on.

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Biobased and Biodegradable BioPlastics Market 2017

The report “World Bioplastics to 2017” by Freedonia Group is now available at RnRMarketResearch.com. Contact sales@rnrmarketresearch.com with report name in subject line and your contact details to purchase this report or get your questions answered.

World demand to skyrocket 19% annually through 2017

Global demand for biobased and biodegradable plastics will rise 19 percent per year to 950,000 metric tons in 2017. The bioplastics industry, while still in the emerging growth phase, has established itself as a fixture in a number of commercial markets and applications. Robust growth in demand is expected in virtually all geographic markets, stimulated by consumer preferences for sustainable materials, the increased adoption of bioplastics by plastic processors and compounders, and new product development that expands the range of uses for bioplastics.

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Despite the rapid increase in demand, bioplastics are still expected to account for less than one percent of the overall plastic resin market in 2022. The success of the bioplastics industry will ultimately depend on price and performance considerations, and large scale conversion to bioplastics will not occur until price parity with conventional plastic resins is achieved.

Biobased commodity resins to post fastest growth

Starch-based resins and polylactic acid (PLA) will remain the leading bioplastic products through 2017, combining to account for over 60 percent of demand. For starch-based resins, advances will be bolstered by increased regulation of conventional plastic products, particularly plastic bags, as governments around the world continue to promote sustainability PLA demand will benefit from the development of resins and compounds with enhanced performance for more durable applications such as fibers, automotive parts, and electronic parts.

The most rapid gains in demand, however, are expected for biobased commodity resins such as polyethylene and polypropylene, which are just beginning to enter the commercial market. The rapid adoption of these bioplastics will be fueled by their ability to be used as a “drop-in” for existing applications, as well as an increased focus on biobased content rather than biodegradability as a desired attribute. By 2022, biobased polyethylene terephthalate (PET) is also expected to become available in commercial quantities and begin to penetrate the beverage container market.

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Brazil to become leading global producer

Western Europe was the largest regional consumer of bioplastics in 2012, accounting for over half of global demand. The region will see strong gains through 2017 as well, bolstered by added regulations and incentives that favor bioplastics over conventional resins. North American demand is expected to more than double, driven by rising consumption of PLA and biobased commodity resins. Advances in the Asia/Pacific region will be fueled by robust growth in China, which has become a major consumer of bioplastic resins used to produce manufactured goods for export.

World bioplastics production used to be concentrated in the US and Western Europe. This began to change in 2012 as production of biobased polyethylene came online in Brazil, and the addition of future capacity will likely make the country the world’s leading producer of bioplastics by 2022. Furthermore, China and Thailand are expected to become some of the top world bioplastics producers.

Company Profiles

Profiles for 34 global competitors such as Arkema, BASF, Braskem, Corbion, NatureWorks, Novamont, Purac and Rodenburg Biopolymers

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