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Bioplastics Market Size by 2027 |Industry Segmentation by Type, Application, Regions by 2027

  • elizabethsanchez28
  • Sep 12, 2021
  • 4 min read

The global bioplastics market is projected to be worth USD 25.27 Billion by 2027, according to a current analysis by Emergen Research. The bioplastics market is experiencing rapid growth attributed to its increasing demand in end-use applications, such as packaging, textile, automotive & transportation, consumer goods, agriculture, and building & construction. Besides, supportive government initiatives and offering subsidies to promote the growth of bioplastics are driving the market's growth. In 2018, the Japanese Ministry of Environment made an announcement for the inclusion of USD 45.0 million/JPY 5.0 Billion in the FY2019 budget for developing products manufactured from bio-plastics and provide subsidies to firms that make paper substitutes to plastic.

COVID-19 pandemic and its impact on the Bioplastics market and key segments is considered as a key contributor while formulating the market report. The report covers the present and future impact of the pandemic and offers a revenue estimation and a futuristic outlook of the market growth in a post-COVID-19 scenario. The report presents an extensive analysis of the emerging trends of the market and dynamic changes in the demand and supply chains.

Key Highlights From The Report

  • Non-biodegradable bioplastics contributed to a larger market share of around 60.0% in 2019, owing to its widespread usage attributed to its low cost, durability, and versatility. Polylactic acid (PLA) is the most widely used non-biodegradable bioplastic.

  • Polyethylene Furanoate (PEF), a biodegradable bioplastic, is currently under development and is estimated to be commercially available by 2023.

  • Key participants include BASF SE, NatureWorks, Biome Plastics, Braskem, Biotec, Total Corbion, Plantic Technologies, Mitsubishi Chemical Holdings Corporation, Novamont SPA, and Toray Industries, among others.

The global Bioplastics market is a segmented market. The market segments are generated based on product types offered in the market, their applications, end-user industries, different types of technologies, and key regions of the market.

  • Type Outlook (Revenue, USD Billion; 2017-2027)

    • Biodegradable

      1. Polybutylene Adipate Terephthalate (PBAT)

      2. Polybutylene Succinate (PBS)

      3. Polylactic Acid (PLA)

      4. Polyhydroxyalkanoate (PHA)

      5. Starch Blends

      6. Others



    • Non-Biodegradable

      1. Polyethylene (PE)

      2. Polyamide (PA)

      3. Polyethylene Terephthalate (PET)

      4. Polytrimethylene Terephthalate (PTT)

      5. Polypropylene (PP)

      6. Others


  • Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

    • Online

    • Offline


  • Application Outlook (Revenue, USD Billion; 2017-2027)

    • Packaging

    • Textile

    • Automotive & Transportation

    • Consumer Goods

    • Agriculture

    • Building & Construction

    • Others




The report begins with basic information about the market, such as definitions, applications, classifications, value chain analysis, among others, to facilitate a better understanding among the readers. The market offers a panoramic view of the industry through a thorough analysis of the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Detailed Analysis of the Regions of the Bioplastics Market Include Regions such as:

  • North America (U.S., Canada)

  • Europe (U.K., Italy, Germany, France, Rest of EU)

  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)

  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Features of the Report:

  • Comprehensive assessment of the COVID-19 impact on the growth of the Bioplastics market

  • Strategic recommendations to the key players and new entrants

  • Value chain analysis and pricing analysis of the Bioplastics market

  • Country-wise and region wise assessment of the market growth and market size

  • Growth forecast and revenue estimation of the Bioplastics market

  • Detailed assessment of key market drivers, restraints, growth prospects, and limitations

  • 8-year forecast of the global Bioplastics market

Table of Content:

Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Bioplastics Market Segmentation & Impact Analysis 4.1. Bioplastics Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Increasing demand for bioplastics in the packaging sector 4.2.2.2. Growing awareness about eco-safety 4.2.2.3. Surging demand for bioplastics in additive manufacturing 4.2.2.4. Growing emphasis on sustainability 4.2.2.5. Supportive government initiatives and regulations 4.2.3. Market restraints analysis 4.2.3.1. Cost-prohibitive than conventional plastic 4.2.3.2. Availability of substitutes 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis

CONTINUED…!

Thank you for reading our report. For more details on the report or to inquire about its customization, please let us know. We will offer you a report well-suited to your needs.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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