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Global Biobased Polymers Market Outlook 2022
SKU ID : QYR-19610322 | Publishing Date : 29-Nov-2021
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Biobased polymers are materials, where at least one of the constituent polymers is produced from renewable resources. Biobased polymers can be biodegradable or non-biodegradable in nature. There exists three major ways to produce biobased polymers: using natural biobased polymers, from microorganisms using fermentation, and from biotechnology.
One major trend in the market is the expansion of the market through alliances, joint ventures, and acquisitions. Moreover, initiatives to educate consumers about the benefits of adopting biodegradable materials are expected to help the growth of the market. The demand for bio-based polymers is expected to surge during the forecast period of 2015-2019 owing to the favorable regulatory outlook. Growing environmental concerns and stringent regulations that promote the use of environment-friendly and sustainable materials, along with growing consumer preference for green products, are fueling the growth of the market. Asia-Pacific is a key region for bio-based polymers and its precursors. The expanding utilization of bio-ethanol for chemical building blocks has resulted in the establishment of large-scale production facilities for bio-based MEG in India and Taiwan, and for bio-ethylene precursor for PE, MEG, in Brazil. The share for Asia-Pacific region (where many converters are SMEs and cannot afford important alterations to their existing processing equipment) is expected to increase, compared with European region during the forecast period.
Market Analysis and Insights: Global Biobased Polymers Market
The global Biobased Polymers market was valued at US$ million in 2020 and it is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
Global Biobased Polymers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Biobased Polymers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Using Natural Bio-Based Polymers
From Microorganisms Using Fermentation
From Biotechnology
Segment by Application
Packaging Industries
Construction Industries
Petroleum Industries
Others
By Company
BioAmber
Braskem
NatureWorks
Aemetis
BASF
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
One major trend in the market is the expansion of the market through alliances, joint ventures, and acquisitions. Moreover, initiatives to educate consumers about the benefits of adopting biodegradable materials are expected to help the growth of the market. The demand for bio-based polymers is expected to surge during the forecast period of 2015-2019 owing to the favorable regulatory outlook. Growing environmental concerns and stringent regulations that promote the use of environment-friendly and sustainable materials, along with growing consumer preference for green products, are fueling the growth of the market. Asia-Pacific is a key region for bio-based polymers and its precursors. The expanding utilization of bio-ethanol for chemical building blocks has resulted in the establishment of large-scale production facilities for bio-based MEG in India and Taiwan, and for bio-ethylene precursor for PE, MEG, in Brazil. The share for Asia-Pacific region (where many converters are SMEs and cannot afford important alterations to their existing processing equipment) is expected to increase, compared with European region during the forecast period.
Market Analysis and Insights: Global Biobased Polymers Market
The global Biobased Polymers market was valued at US$ million in 2020 and it is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
Global Biobased Polymers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Biobased Polymers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Using Natural Bio-Based Polymers
From Microorganisms Using Fermentation
From Biotechnology
Segment by Application
Packaging Industries
Construction Industries
Petroleum Industries
Others
By Company
BioAmber
Braskem
NatureWorks
Aemetis
BASF
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
