Biobased biodegradable plastics are expected to increase its importance in global plastics market, as the share of biobasedbiodegrdable plastics in total plastic consumption is expected to improve in the coming years.
Albany, NY -- (SBWIRE) -- 09/04/2015 -- Market Research Reports Search Engine (MRRSE) has announced the addition of the ' Global Biobased Biodegradable Plastics Market Analysis & Opportunity Assessment, 2014 - 2020' report by Future Market Insights (FMI) to its vast and rapidly growing market research report database. The report discusses the historical growth trajectory followed by the biobased biodegradable plastics market, the major trends affecting the market dynamics at present, and the expected growth pattern of the market till the end of the ongoing decade.
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The report presents a comprehensive overview of the global biobased biodegradable plastics market by presenting revenue figures according to the many product types in the market, the many applications of biobased biodegradable plastics, and the regional distribution of the global market. This provides information on all segments of the market, constituting a 360-degree snapshot of the global biobased biodegradable plastics market.
Of the overall global market, the report provides global and regional plastic consumption statistics, leading to detailed market size forecasts for the period 2012-2020 based on revenue and volume. Explaining the market dynamics regarding biobased biodegradable plastics, the report lists the prime market drivers and restraints acting on the biobased biodegradable plastics market. It further describes in detail the relative impact of these factors on the market. Favorable government policies supporting environmentally viable alternatives to plastics are one of the most significant growth drivers for the biobased biodegradable plastics market, whereas lack of a strong global sales network is a major restrain.The report then lists the recent movement in the market and infers emerging market trends.
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The report segments the global biobased biodegradable plastics market by application, product type, and geography. According to application, the segments of packaging, fiber, agriculture, and medical are formed within the market. There are four main types of biobased biodegradable plastics in the global market: PLA, PHA, polyester, and cellulose.
According to geographical distribution of the market, the global biobased biodegradable plastics market is divided into Asia Pacific, Japan, North America, Latin America, Western Europe, Eastern Europe, and the Middle East and Africa. The revenue gathered by each of these segments in 2012 is presented to provide the hierarchy of the market by each criterion. Future forecasts are also made for each segment, to allow a study of the best combinations to invest in.
The report also profiles major players operating in the market to provide an explanation of the market's competitive landscape. Key companies covered in the report include DOW, BASF, Novamont, Corbion, Biome Technologies, and Natureworks.
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