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At a compound annual growth rate (CAGR) of 16.79% between 2023 and 2030, the size of the global biopolymers market is expected to increase from its 2022 valuation of USD 9.99 billion.
Biopolymers are a type of synthetic material made from plant-based materials such waste wood and lumber and agricultural goods like sugar cane, maize, and other plant-based components. In contrast to traditional polymers or plastics, which add to a host of environmental problems like pollution and global warming, biopolymers decompose naturally. Biopolymers include the likes of common rubber, melanin, cutin, cutan, suberin, and lignin. Advanced manufacturing techniques are used to transform waste materials like human and animal waste, plant materials, and agricultural waste into bio-plastics. In an effort to lessen society's carbon imprint, lawmakers are green-lighting the switch to biodegradable polymers from traditional polymers. The usage of biopolymers in automobiles is currently limited to a select few large manufacturers. One such company, Ford Motor Company, uses biopolymers in their production processes. Bioplastics are a type of thermoplastic made from renewable resources such as sugar, kelp, and starch. Biopolymers are a broad category of materials that includes bioplastics as well as regular polymers like silk, chitosan, and fleece.
Polysaccharides, which are straight or stretched polymeric sugars, include starch, alginate, and cellulose. The environmental benefits of bioplastics and the widespread interest in and support for bio-based products are two major forces pushing the market forward for the bioplastics business. Production of bioplastics uses around 65 percent less energy than does production of traditional plastics. Customers prefer to use bioplastic packaging instead of synthetic materials because the latter can degrade in the presence of food. Several countries have passed rules and regulations that promote the use of bioplastics because of their sustainability and biodegradability. The bioplastics industry is poised to expand thanks to these characteristics.
classification system
In 2021, the bio-based industry was the most lucrative. Polymers that are "bio-based" are produced from resources other than petroleum. The traditional polymers derived from petroleum are non-biodegradable and difficult to recycle. Greenhouse gas emissions are just one of the problems that arise from making conventional plastics. Thus, there is an increasing want for environmentally friendly polymeric materials. The increasing need to cut back on conventional petroleum derivatives is driving demand for items created from bio-based resources. This is further supported by the new policies and regulations being adopted and implemented by governments around the globe. Some of these rules prohibit or charge more for the use of traditional plastics in common products like grocery bags, food containers, and single-use items.
The biodegradable market category is projected to expand rapidly during the forecast period and capture a sizable portion of the market. In addition to starch blends, PHA, PLA, PBAT, and others fall under this heading. The rising popularity of biodegradable plastics has led to a decrease in waste and an improvement in recycling rates. The usage of biodegradable plastics has increased across many different sectors, including consumer goods, packaging, medical devices, construction materials, vehicles, and textiles. Electronic components such as circuit boards, headphones, game consoles, and keyboards are all made using biodegradable polymers. Orthopaedic devices, medicine delivery systems, wound care, and surgical sutures are just some of the many medical applications for biodegradable polymers. Biodegradable polymers are in higher demand in the healthcare and medical sectors due to their biocompatibility and biodissolvability.
Purpose-Driven Analysis
In 2021, the packaging industry consumed the largest portion of the worldwide biopolymer market. Bioplastics and biopolymers are being used as part of innovative packaging solutions that provide reliable protection during storage and transit. These solutions offer remarkable strength and durability while defending the items from contamination and harm. As a result of stricter environmental regulations and changes in consumer lifestyle, the demand for bioplastics and biopolymers in the packaging industry has skyrocketed. Because of their long shelf life and resistance to moisture, plastics have become increasingly popular as packaging materials. Bioplastics and biopolymers are utilized in a variety of packaging contexts, including those for food, medicine, cosmetics, and grocery bags.
There will be significant development in this sector during the predicted time frame as well. Food and beverage packaging, pharmaceutical packaging, and convey sacks are just a few of the packaging uses that bioplastics and biopolymers could have. The recycling practices of PLA companies are a driving force in the growth of this sector. The increasing need for eco-friendly packaging is fueling the research and development of PLA-based polymers. Biopolymers and bioplastics are used often in the packaging sector. Bio-based unprocessed components like starch and vegetable waste have negative consequences because they must meet stringent government natural guidelines. To combat environmental issues, the packaging sector is increasingly turning to biopolymers and bioplastics as a replacement for traditional plastics.
Drivers
Demand for Biopolymers Will Increase Due to Environmental Concerns in the Near Future
A shift in customer preference toward eco-friendly plastic items is driving market growth. Consumer awareness of sustainable plastic solutions and the unavoidable push to phase out traditional, non-biodegradable plastics are both contributing to the commercial development of bioplastics. Conventional plastics, which are primarily derived from oil, require a great deal of time in landfills to separate or disintegrate. Biodegradable plastics break down more rapidly when disposed, becoming part of the natural ecosystem once again. In addition, microorganisms may break down biodegradable polymers more faster than they can regular plastics. Biopolymers have gained widespread acceptance in the medical community for their effectiveness in healing wounds of varying sizes, shapes, and depths. The popular biopolymers chitosan, alginate, gelatin, and pectin are used to create hydrogels, which create a moist environment for dry wounds. These biopolymers are also useful for making wound dressings. These factors are acting as powerful growth generators in the biopolymers industry.
Restraints
The high prices of bioplastics will slow their market expansion.
The higher cost of bioplastics compared to traditional polymers is a major barrier to market growth in many end-use sectors. Sometimes the price of producing bio-based polymers is 20-100% more than that of producing conventional polymers. The high polymerization cost of bio-based polymers is a major factor in the fact that most approaches are still in their infancy and have not yet attained economies of scale.
Report Coverage
Global Biopolymers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Biopolymers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Biopolymers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Biopolymers market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Biopolymers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Biopolymers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE, NatureWorks LLC, Braskem SA, Total SE, Arkema SA, Corbion NV, Novamont S.p.A., Mitsubishi Chemical Corporation, DuPont de Nemours, Inc., Eastman Chemical Company, Biome Bioplastics Limited, Plantic Technologies Limited, Danimer Scientific, Inc., Rodenburg Biopolymers BV, KANEKA Corporation, Bio-On S.p.A., BioBag International AS, Innovia Films Ltd., Toray Industries, Inc., Solanyl Biopolymers Inc.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Biopolymers market based on the below-mentioned segments:
Global Biopolymers Market, By Type
Biodegradable
Non-Biodegradable/Biobased
Global Biopolymers market, By Application
Films
Bottles
Fibers
Seed Coating
Vehicle Components
Medical Implants
Others
Global Biopolymers Market, By End User
Packaging
Consumer Goods
Automotive & Transportation
Textiles
Agriculture & Horticulture
Global Biopolymers market, Regional Analysis
Biopolymers are a type of synthetic material made from plant-based materials such waste wood and lumber and agricultural goods like sugar cane, maize, and other plant-based components. In contrast to traditional polymers or plastics, which add to a host of environmental problems like pollution and global warming, biopolymers decompose naturally. Biopolymers include the likes of common rubber, melanin, cutin, cutan, suberin, and lignin. Advanced manufacturing techniques are used to transform waste materials like human and animal waste, plant materials, and agricultural waste into bio-plastics. In an effort to lessen society's carbon imprint, lawmakers are green-lighting the switch to biodegradable polymers from traditional polymers. The usage of biopolymers in automobiles is currently limited to a select few large manufacturers. One such company, Ford Motor Company, uses biopolymers in their production processes. Bioplastics are a type of thermoplastic made from renewable resources such as sugar, kelp, and starch. Biopolymers are a broad category of materials that includes bioplastics as well as regular polymers like silk, chitosan, and fleece.
Polysaccharides, which are straight or stretched polymeric sugars, include starch, alginate, and cellulose. The environmental benefits of bioplastics and the widespread interest in and support for bio-based products are two major forces pushing the market forward for the bioplastics business. Production of bioplastics uses around 65 percent less energy than does production of traditional plastics. Customers prefer to use bioplastic packaging instead of synthetic materials because the latter can degrade in the presence of food. Several countries have passed rules and regulations that promote the use of bioplastics because of their sustainability and biodegradability. The bioplastics industry is poised to expand thanks to these characteristics.
classification system
In 2021, the bio-based industry was the most lucrative. Polymers that are "bio-based" are produced from resources other than petroleum. The traditional polymers derived from petroleum are non-biodegradable and difficult to recycle. Greenhouse gas emissions are just one of the problems that arise from making conventional plastics. Thus, there is an increasing want for environmentally friendly polymeric materials. The increasing need to cut back on conventional petroleum derivatives is driving demand for items created from bio-based resources. This is further supported by the new policies and regulations being adopted and implemented by governments around the globe. Some of these rules prohibit or charge more for the use of traditional plastics in common products like grocery bags, food containers, and single-use items.
The biodegradable market category is projected to expand rapidly during the forecast period and capture a sizable portion of the market. In addition to starch blends, PHA, PLA, PBAT, and others fall under this heading. The rising popularity of biodegradable plastics has led to a decrease in waste and an improvement in recycling rates. The usage of biodegradable plastics has increased across many different sectors, including consumer goods, packaging, medical devices, construction materials, vehicles, and textiles. Electronic components such as circuit boards, headphones, game consoles, and keyboards are all made using biodegradable polymers. Orthopaedic devices, medicine delivery systems, wound care, and surgical sutures are just some of the many medical applications for biodegradable polymers. Biodegradable polymers are in higher demand in the healthcare and medical sectors due to their biocompatibility and biodissolvability.
Purpose-Driven Analysis
In 2021, the packaging industry consumed the largest portion of the worldwide biopolymer market. Bioplastics and biopolymers are being used as part of innovative packaging solutions that provide reliable protection during storage and transit. These solutions offer remarkable strength and durability while defending the items from contamination and harm. As a result of stricter environmental regulations and changes in consumer lifestyle, the demand for bioplastics and biopolymers in the packaging industry has skyrocketed. Because of their long shelf life and resistance to moisture, plastics have become increasingly popular as packaging materials. Bioplastics and biopolymers are utilized in a variety of packaging contexts, including those for food, medicine, cosmetics, and grocery bags.
There will be significant development in this sector during the predicted time frame as well. Food and beverage packaging, pharmaceutical packaging, and convey sacks are just a few of the packaging uses that bioplastics and biopolymers could have. The recycling practices of PLA companies are a driving force in the growth of this sector. The increasing need for eco-friendly packaging is fueling the research and development of PLA-based polymers. Biopolymers and bioplastics are used often in the packaging sector. Bio-based unprocessed components like starch and vegetable waste have negative consequences because they must meet stringent government natural guidelines. To combat environmental issues, the packaging sector is increasingly turning to biopolymers and bioplastics as a replacement for traditional plastics.
Drivers
Demand for Biopolymers Will Increase Due to Environmental Concerns in the Near Future
A shift in customer preference toward eco-friendly plastic items is driving market growth. Consumer awareness of sustainable plastic solutions and the unavoidable push to phase out traditional, non-biodegradable plastics are both contributing to the commercial development of bioplastics. Conventional plastics, which are primarily derived from oil, require a great deal of time in landfills to separate or disintegrate. Biodegradable plastics break down more rapidly when disposed, becoming part of the natural ecosystem once again. In addition, microorganisms may break down biodegradable polymers more faster than they can regular plastics. Biopolymers have gained widespread acceptance in the medical community for their effectiveness in healing wounds of varying sizes, shapes, and depths. The popular biopolymers chitosan, alginate, gelatin, and pectin are used to create hydrogels, which create a moist environment for dry wounds. These biopolymers are also useful for making wound dressings. These factors are acting as powerful growth generators in the biopolymers industry.
Restraints
The high prices of bioplastics will slow their market expansion.
The higher cost of bioplastics compared to traditional polymers is a major barrier to market growth in many end-use sectors. Sometimes the price of producing bio-based polymers is 20-100% more than that of producing conventional polymers. The high polymerization cost of bio-based polymers is a major factor in the fact that most approaches are still in their infancy and have not yet attained economies of scale.
Report Coverage
Global Biopolymers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Biopolymers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Biopolymers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Biopolymers market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | BASF SE, NatureWorks LLC, Braskem SA, Total SE, Arkema SA, Corbion NV, Novamont S.p.A., Mitsubishi Chemical Corporation, DuPont de Nemours, Inc., Eastman Chemical Company, Biome Bioplastics Limited, Plantic Technologies Limited, Danimer Scientific, Inc., Rodenburg Biopolymers BV, KANEKA Corporation, Bio-On S.p.A., BioBag International AS, Innovia Films Ltd., Toray Industries, Inc., Solanyl Biopolymers Inc. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Biopolymers Market from 2021 to 2030.
- Market Forecast for Biopolymers Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Biopolymers competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Biopolymers
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Biopolymers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Biopolymers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE, NatureWorks LLC, Braskem SA, Total SE, Arkema SA, Corbion NV, Novamont S.p.A., Mitsubishi Chemical Corporation, DuPont de Nemours, Inc., Eastman Chemical Company, Biome Bioplastics Limited, Plantic Technologies Limited, Danimer Scientific, Inc., Rodenburg Biopolymers BV, KANEKA Corporation, Bio-On S.p.A., BioBag International AS, Innovia Films Ltd., Toray Industries, Inc., Solanyl Biopolymers Inc.
Primary Target Market
- Market Players of Biopolymers
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Biopolymers market based on the below-mentioned segments:
Global Biopolymers Market, By Type
Biodegradable
Non-Biodegradable/Biobased
Global Biopolymers market, By Application
Films
Bottles
Fibers
Seed Coating
Vehicle Components
Medical Implants
Others
Global Biopolymers Market, By End User
Packaging
Consumer Goods
Automotive & Transportation
Textiles
Agriculture & Horticulture
Global Biopolymers market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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