Scope of the Study
Biopolymers are produced by biological systems such as microorganisms, plants, and animals or chemically synthesized from biological starting materials such as sugars, starch, natural fats or oils, etc. These polymers are also known as next-generation polymers that are used to reduce the use of fossil fuels. Cellulose and starch were the firstly invented bio-based polymers and used in textile, packaging and other applications.
The market study is being classified by Type (Polylactic Acid, Polyhydroxyalkanoates, Starch, Cellulose-Based Biopolymer, Chitin, Protein and Others), by Application (Agriculture, Textile, Electronics, Healthcare, Packaging, Others, Food Industry, Chemical Industry, Automotive Industry and Others) and major geographies with country level break-up.
BASF SE (Germany), PBI Performance Products, Inc. (United States), Key Polymer Corporation (United States), Stahl Holdings B.V. (Netherlands), Hedstrom Drive (United States), NovaLink Inc. (United States), Biome Bioplastics (United Kingdom), Agrana Stärke Gmbh (Austria), Alcogroup S.A. (Belgium) and Allessa GmbH (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are BIOTEC GmbH & Co. KG (Germany), CARBIOLICE (France), Danimer Scientific (United States), Ingevity UK Ltd (United Kingdom) and AxaBlue (United States).
The market for the bio-based polymer is fragmented with the presence of many players. Leading players can adopt strategies like a merger, acquisition, expansion, new product launch, in order to gain share within the market. Owing to booming industrialization & urbanization, there are growing prospects for new players to enter the market.The Vendors having a strong hold in the market are BASF SE, PBI Performance Products, Inc., and Key Polymer Corporation. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Bio-Based Polymers market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Bio-Based Polymers market by Type, Application and Region.
On the basis of geography, the market of Bio-Based Polymers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Rising Demand for Packaging Industry Leads to the Growth in Bio-Based Polymer
- Increasing Awareness of Using Green Materials Leads to the Growth for Bio-Based Polymer
- Government Stringent Regulations against Use of Synthetic Polymers
- Government Initiatives for Increasing Using Of Bio-Based Polymers As carrying Bags
- Less Resistant Of Moisture and Heat than Oil-Based Polymers
- The Use of Bio-Based Polymers as Fibres in Textile Industry Is Growing
- High Costs of Bio Polymers as Compare to Oil-Based Polymers
Key Target AudienceKey Target Audience, Bio-based polymer Manufacturers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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