New York, NY -- (SBWire) -- 05/14/2019 --The focus of this report is on plastics made from renewable resources such as biomass or food crops. There is also some potential development of bioplastics from animal resources. Plastics that could be produced from waste CO2 are also reviewed because of their potential impact on bioplastics, but their data are not included in the forecasts presented here. Bioplastics are further defined here as polymer materials that are produced by chemically or biologically synthesizing materials that contain renewable organic materials.
The report includes the use of renewable resources to create monomers that replace petroleum-based monomers such as feedstocks produced from sugarcane that are used to manufacture polyester and polyethylene.
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Major Players in Bioplastics Market In Electrical & Electronics market are:
ALGIX, ARKEMA, AVANTIUM, BASF, BIOAMBER, BIOLOGIQ INC., BIOME TECHNOLOGIES, BIOMER, BRASKEM, CARDIA BIOPLASTICS, CARGILL, CORBION, DANIMER SCIENTIFIC, DOW PLASTICS, DUPONT, KINGFA, LAUREL BIOCOMPOSITE, METABOLIX (YIELD10 BIOSCIENCE), MYRIANT, NATUREWORKS, NOVAMONT, PLANTIC TECHNOLOGIES LTD., PLAXICA, POLYONE
Scope of the Report:
The research methodologies used for evaluating the Bioplastics Market are inventive and also provides enough evidence on the demand and supply status, production capability, import and export, supply chain management and investment feasibility.
The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.
The report focuses on the following resin chemistries –
- Polylactic acid.
- Thermoplastic starch.
- Biopolyamides (nylons).
- Polyhydroxyalkanoates.
- Biopolyols/polyurethane.
- Cellulosics.
- Biopolytrimethylene terephthalate.
- Biopolyethylene.
- Biopolyethylene terephthalate.
- Polybutylene succinate.
Bioplastics Processing Technologies
- Extrusion
- Compounding
- Starch Polymers
- PLA and PHA
- Blends with Oil-Based Plastics
- Pelletizing
- Foaming
- Storage and Drying
- Use of Regrind
- Cast Film
- Thermoforming
- Injection Molding
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Along with returns come risks and there are many potential setbacks that could slow down the global bioplastics market including –
- Delays in the implementation of bioplastics regulation in Europe.
- Limited demand in several important regional markets such as the U.S.
- Shifting demands for various types of materials. For example, plans to increase production capacity for bio-based PET have not been realized at the rate predicted because the packaging industry may shift to other bioplastics such as polyethylene furanoate (PEF), a new 100% biobased polymer comparable to PET that is poised to enter the market by 2020.
In this report, the five-year CAGRs are much lower than in the previous edition due to significant delays in the implementation of bioplastics regulations as well as limited demand in Europe and North America. Driving forces, however, such as the shortage of petrochemical resources and rising environmental concerns, still remain and new entrants continue to flood the market looking for new opportunities. Large bioplastics production lines postponed in 2014 and 2015 were launched in 2016 and 2017 or will be completed in 2018 and 2018. The market is projected at double-digit CAGRs, much higher than most other plastic products.
Understanding the market size:
The size of the Bioplastics market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the Bioplastics report.
Extensive data on market segmentation:
The Bioplastics report divides the market of potential buyers into different groups, or segments/sub segments, based on various characteristics. The segments and sub segments identified contain buyer who are expected to respond or react similarly to certain products and services. The report further finds out consumers who share traits including similar expectations, interests, geography and needs. The segmentation sheds light on how some customers are likely to purchase a product or service than others to enable marketers allocate their focus as well as resource.
Report Includes:
- 40 data tables and 16 additional tables
- An overview of the global market for bioplastics
- Analyses of global market trends, with data from 2016 to 2018, and projections of CAGRs through 2023
- Identification of trends that will affect the use of bioplastics and their major end-use application
- Information on specific end markets for bioplastics by material types, with sections devoted to each type of renewably sourced plastic
- Analyses of market developments regarding major applications for bioplastics, including packaging, automotive, electrical/electronic, medical, building and construction
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Bioplastics Market Advanced Technologies & Growth Opportunities (2018-2023) : Top Players - BRASKEM, CARDIA BIOPLASTICS, CARGILL, CORBION, DANIMER SCIENTIFIC
The study methodologies used to examine the Bioplastics Market for the forecast period, 2019 - 2026 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.