The latest research report by Emergen Research, named ‘Global Bioplastics and Biopolymers Market - Forecast to 2033. The coronavirus outbreak has led to drastic changes in the current Bioplastics and Biopolymers Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Bioplastics and Biopolymers Market growth assessed on both regional and global levels.
The Bioplastics and Biopolymers market size is expected to grow from 15.4 billion by the end of 2024 to 111.5 billion by 2033, registering a revenue CAGR of 24.60% during the forecast period. The Bioplastics and Biopolymers Market is expected to grow due to factors such as the increasing demand for sustainable and eco-friendly products, government regulations encouraging the use of biodegradable materials, and advancements in biopolymer production technologies that make them more cost-effective and versatile.
The latest Bioplastics and Biopolymers Market study, blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2024 – 2033.The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
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Key Market Drivers
- Environmental Concerns and Regulatory Policies– Growing awareness of plastic pollution and stringent government bans on single-use plastics are accelerating the adoption of bioplastics. Policies like the European Union’s Single-Use Plastics Directive and corporate sustainability commitments are pushing demand for eco-friendly alternatives.
- Consumer Preference for Sustainable Products– Increasing eco-consciousness among consumers is driving brands to adopt biodegradable and compostable packaging solutions, particularly in food & beverage, cosmetics, and e-commerce sectors.
Market Restraints
- Higher Production Costs– Bioplastics currently cost more to produce than conventional plastics due to expensive raw materials and limited production scale, making them less competitive in price-sensitive markets.
- Limited Feedstock Availability– Dependence on agricultural resources raises concerns about land use, water consumption, and competition with food production, potentially limiting scalability.
- Inadequate Waste Management Infrastructure– Many regions lack proper composting facilities, reducing the effectiveness of biodegradable plastics and hindering market expansion.
Major Companies and Competitive Landscape:
NatureWorks, TotalEnergies Corbion, Toray Industries, Braskem, Versalis, Biome Bioplastics Limited, Plantic Technologies Limited.
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The report provides a thorough estimation of the overall impact of the pandemic on the North AmericaPhysical Security Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Bioplastics and Biopolymers Market
Growth Opportunities
- Expansion in Emerging Economies – Increasing government support in Asia-Pacific and Latin America for bio-based materials is creating new growth avenues.
- Development of Advanced Biopolymers – Research into next-generation bioplastics, such as PHA and algae-based polymers, offers enhanced biodegradability and performance.
- Circular Economy Initiatives – Partnerships between manufacturers, waste management firms, and policymakers are improving recycling and composting systems, supporting market sustainability.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Bioplastics and Biopolymers Market , as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Bioplastics and Biopolymers Market with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
Bioplastics and Biopolymers Market Market Segmentation Analysis
By Raw Material Outlook (Revenue, USD Billion; 2020-2033)
- Sugarcane
- Potato
- Corn Starch
- Switchgrass
- Vegetable Oil
- Cassava
- Wheat
- Other Raw Material
By Product Type Outlook (Revenue, USD Billion; 2020-2033)
- Biodegradable
- Polybutylene Adipate Terephthalate (PBAT)
- Polybutylene Succinate (PBS)
- Polylactic Acid (PLA)
- Polyhydroxyalkanoate (PHA)
- Starch Blends
- Cellulose Films
- Other Biodegradable Polymers
- Non-Biodegradable
- Bio-Based Polyethylene (BIO-PE)
- Bio-Based Polyamide (BIO-PA)
- Bio-Based Polyethylene Terephthalate (BIO-PET)
- Polytrimethylene Terephthalate (PTT)
- Polyethylene Furanoate (PEF)
- Bio-Based Polypropylene (BIO-PP)
- Other Non-Biodegradable/Bio-Based Polymers
By End Use Industry Outlook (Revenue, USD Billion; 2020-2033)
- Packaging
- Textile
- Consumer Goods
- Automotive and Transport
- Agriculture and Horticulture
- Building and Construction
- Coatings and Adhesives
- Electronics and Electricals
- Other End Use Industries
By Regional Outlook (Revenue, USD Billion; 2020-2033)
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
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Table of Contents:
Chapter 1 includes an introduction of the global Bioplastics and Biopolymers Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application
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