Bioplastics Market Predictable to Witness Dynamic Development by 2027 from vandana's blog

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.

The study aims to provide a forecast of the growth of the bioplastics market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis.  The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

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Top Companies Operating in the Bioplastics Market and Profiled in the Report are:

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

Objectives of the Report:

• Study of the global Bioplastics market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
• Industrial structure analysis of the Bioplastics market by identification of various sub-segments
• Extensive analysis of key market players along with their SWOT analysis
• Competitive landscape benchmarking
• Analysis of Bioplastics market based on growth trends, futuristic outlook, and contribution to the total growth of the market
• Analysis of drivers, constraints, opportunities, challenges, and risks in the global Bioplastics market
• Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

 

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Emergen Research has segmented the global bioplastics market on the basis of type, distribution channel, application, and region:

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

In market segmentation by geographical regions, the report has analysed the following regions-       

   North America

   Europe

   Asia-Pacific

   Middle East and Africa

   Latin America    

 

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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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