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Bioplastics & Biopolymers Market by Type, Region, End-Use Industry & Forecast to 2023

ReportsnReports.com adds "Bioplastics & Biopolymers Market by Type ( Non-biodegradable, Biodegradable), End-use Industry (Packaging, Consumer Goods, Automotive, Textiles, Agriculture) and Region (APAC, North America, Europe, and RoW) - Trends & Forecast to 2023" report to its research store.

 

Pune, India -- (SBWIRE) -- 10/23/2018 -- This study estimates the size of the bioplastics & biopolymers market for 2018 and projects its growth till 2023. It provides a detailed qualitative and quantitative analysis of the bioplastics & biopolymers market. Secondary sources, such as D&B Hoovers, Bloomberg Business Week, and Factiva, were used to identify and collect information useful for this extensive, commercial study of the bioplastics & biopolymers market. Primary sources, such as experts from related industries and suppliers of bioplastics & biopolymers were interviewed to obtain and verify critical information and assess prospects of the bioplastics & biopolymers market.

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Companies Profiled in the Report:

Key players profiled in this report include NatureWorks (US), Braskem (Brazil), Novamont (Italy), BASF (Germany), Total Corbion PLA (Netherlands), Biome Bioplastics (UK), Bio-On (Italy), Toray Industries (Japan), Plantic Technologies (Australia), and Mitsubishi Chemical Corporation (Japan).

Increasing use of bioplastics in the packaging end-use industry, increase in waste management regulations in Europe, favorable government policies, increased focus on bio-based content rather than biodegradability, and growing concern for human health are driving the demand for bioplastics & biopolymers. However, high price of bioplastics is a major restraining factor to the market.

Market Dynamics:
Drivers:
- Increasing use of bioplastics in the packaging end-use industry
- Increase in waste management regulations in Europe
- Favorable government policies
- Increased focus on bio-based content rather than biodegradability
- Increasing concern for human health

Restraints: High price of bioplastics

Opportunities
- Development of new applications
- High potential in Southeast Asian countries

Challenges:
- Segregation and processing of bioplastics
- Fluctuation of oil prices
- Performance limitations of bioplastics & biopolymers
- Limited regulations related to bioplastics in developing countries

Complete report on Bioplastics & Biopolymers Market Trends & Forecast to 2023 Research Report is spread across 140 pages, 10 Company Profiles and The market size of bioplastics & biopolymers is estimated at USD 6.95 billion in 2018 and is projected to reach USD 14.92 billion by 2023, at a CAGR of 16.5% from 2018 to 2023. Inquire more before buying this this report @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=278243.

Packaging is expected to be the largest and the fastest-growing end-use industry in the bioplastics & biopolymers market during the forecast period. Packaging application of bioplastics & biopolymers includes food packaging, pharmaceutical packaging, cosmetics packaging, and shopping bags. Bioplastics & biopolymers are widely used in bothrigid packaging and flexible packaging. Increasing environmental legislations have restrained the use of conventional polymers, especially carry bags and packages, which drives the demand for bioplastics & biopolymers. Moreover, stringent government regulations are forcing industries to reduce their carbon content, thereby increasing the demand for bio-based products.

Target Audience:
1. Manufacturers of bioplastics & biopolymers
2. Chemical Suppliers
3. Traders, Distributors, and Suppliers of bioplastics & biopolymers
4. Raw Material Suppliers
5. Government and Research Organizations
6. Industry Associations

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This study was validated through primaries conducted with various industry experts worldwide. The primary sources were divided into three categories, namely, company type, designation, and region.
- By Company Type– Tier1: 35%, Tier2: 35%, and Tier3: 30%
- By Designation- C Level: 40%, Director Level: 40%, and Others: 20%
- By Region-North America: 20%, Europe: 20%, APAC: 50%, and RoW: 10%

Key Benefits of Buying the Report:

The report will help market leaders/new entrants in the bioplastics & biopolymers market by providing them the closest approximations of the revenues for the overall market and its various sub segments. This report will help stakeholders obtain a better understanding of the competitive landscape and gain insights to enhance their businesses and devise suitable market strategies. The report will also help stakeholders understand the pulse of the market and help acquire information on key market drivers, restraints, challenges, and opportunities affecting the growth of the bioplastics & biopolymers market.

Access full research report: https://www.reportsnreports.com/reports/278243-biopolymers-bioplastics-market-by-type-bio-pet-bio-pe-pla-pha-bio-pbs-starch-blends-and-regenerated-cellulose-by-application-packaging-bottles-fibers-agriculture-automotive-and-others-by-geography-trends-forecasts-to-2018.html.

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