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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.

The bioplastics market in the Asia Pacific region, led by China, is estimated to grow at the fastest rate of 16.2% in the forecast period, due to the spiraling consumption of bioplastics such as polylactic acid in the packaging, textile, automotive, construction, and medical applications, which are being boosted by the demand in emerging economies in the region.

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The report provides an in-depth analysis of the competitive landscape and covers profiles of key players, along with their product portfolios and business strategies. Key players of the market mentioned 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. The report offers an in-depth analysis of strategic initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions, among others.

Market Segmentation:

The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.

  • 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

Geographical Terrain of the Bioplastics Market:

  1. North America (the U.S., Canada, and Mexico)
  2. Europe (the U.K, Germany, France, Russia, and Italy)
  3. Asia Pacific (China, Japan, Korea, India, and Southeast Asia)
  4. Latin America (Brazil, Argentina, Colombia, etc.)
  5. Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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The following are the main reasons to buy the Global Bioplastics Market report:

  1. The latest report closely evaluates the overall market size and infers on various aspects, such as the current business trends, market share, product offerings, and product share.
  2. It offers a detailed account of the end-use applications of the products & services offered by this industry.
  3. It offers an insightful analysis of the various regional segments of the market that are projected to witness enormous growth over the forecast period.
  4. Furthermore, the report covers the latest developments taking place in the market and effective business strategies implemented by the leading market rivals.

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

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Tags: Bioplastics Industry Statistics, Bioplastics market Research, Bioplastics Industry Growth, Bioplastics Market Share, Bioplastics Market Size, Bioplastics market trends, Bioplastics Industry Analysis

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