The report is titled ‘Biopolymers Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks and analytical approaches of the biopolymers market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market.
The biopolymers market is estimated to reach at a value of US$ 13,627.0 Mn by the end of 2022 and expected to reach at a value of US$ 32,839.9 Mn by 2030 with a significant CAGR of 11.7%.
Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/6149
Biopolymers Overview
Biopolymers can be simply perceived as polymers generated from organic sources either chemically synthesized from biological material or completely biosynthesized by living organisms. The biopolymers are composed of monomeric units bound jointly to form larger molecules.
Since biopolymers are obtained from living organisms like microbes and plants, they are a renewable resource, contrary to the majority of the polymers are petroleum-based polymers. Additionally, biopolymers are largely promising substances on account of their properties like biocompatibility, abundance, and unparalleled properties like non-toxicity among others.
Increase usage of biopolymers in packaging
Biopolymers are gaining enormous application in the packaging domain, which is majorly projected to drive market growth in the following years. Biopolymers hold a prominent utility in food coatings, food packaging materials, and encapsulation plates for functional foods. They possess an exclusive range of solutions to improve the product shelf-life while also lowering the complete carbon footprint associated with food packaging. Also, it is noteworthy that starch and polylactic acid (PLA) are two of the most manufactured bioplastics, which serve majorly in commercial packaging worldwide. Owing to this, the global biopolymer market is projected to grow considerably over the years.
Other than that, the leading players in the market are aiming their focus on product launches and product advancements to enhance their product portfolio and dominate the market. For instance, in June 2022, BASF launched VerdessenceTM RiceTouch, a new biopolymer for a smooth and powdery light skin feel, suitable for a comprehensive range of personal care products. Attributing to such factors, the global biopolymers market is estimated to witness breakthroughs over the forecast period.
Regional Market Outlook
In terms of geography, the biopolymers market can be divided into six regions – North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. China & the rest of APAC are dominating the global biopolymers market, due to the heavy usage of biopolymers in commercial packaging and coating on metal implants. Also, the rapidly soaring population and increasing demand for eco-friendly plastic products are further playing a major role in propelling the biopolymer market growth in APAC.
Wish to Know More About the Study? Click here to get a Report Description: https://reportsandinsights.com/report/biopolymers-market
Biopolymers Market Segmentation
The biopolymers market is segmented based on class, origin, application, end user, and region.
By Class
- Biodegradable
- PLA
- Starch Blends
- PHA
- PBS
- Others (PCL, PBAT)
- Non-biodegradable/ Bio-based
- BIO-PET
- BIO-PABIO-PE
- BIO-PTT
- Others (BIO-PP, BIO-PEF)
By Origin
- Natural Biopolymers
- Plants
- Animals
- Microbials
- Synthetic Biopolymers
By Application
- Packaging
- Medical implants
- Automotive interior
- Seed coating
- Nanotechnology
- Others (Cosmetics, Sports)
By End User
- Automotive
- Agriculture
- Construction
- Textiles
- Others (Consumer goods, Electronics)
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Biopolymers Market Key Players
Some of the key participating players in the biopolymers market are:
- BASF SE
- NatureWorks
- Plantic Technologies Limited (a subsidiary of Kuraray Co., Ltd)
- Biome Technologies Ltd.
- Mitsubishi Chemical Holdings Corporation
- Novamont S.p.A
- DuPont de Nemours, Inc.
- PTT Global Chemical Public Company Limited
- Braskem SA
- Rodenburg Biopolymers B.V.
- Danimer Scientific Inc.
- FUTERRO SA (a subsidiary of Galactic Group)
- FMC BioPolymer A.S.
- Toray Industries, Inc.
- Saudi Basic Industries Corporation (SABIC)
To view Top Players, Segmentation and other Statistics of Biopolymers Industry, Get Sample Report @: https://reportsandinsights.com/sample-request/6149
About Reports and Insights:
Reports and Insights is one of the leading market research companies which offers syndicate and consulting research around the globe. At Reports and Insights, we adhere to the client needs and regularly ponder to bring out more valuable and real outcomes for our customers. We are equipped with strategically enhanced group of researchers and analysts that redefines and stabilizes the business polarity in different categorical dimensions of the market.
Contact Us:
Neil Jonathan
1820 Avenue M, Brooklyn
NY 11230, United States
+1-(718) 312-8686
Find Us on LinkedIn: www.linkedin.com/company/report-and-insights/
View Latest Market Updates at: https://marketsresearchanalytics.com