Bioplastics Market Size, Share, Growth, Demand, Applications, Opportunities and Forecast To 2030

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Market Size – USD 10.64 Billion in 2021, Market Growth – at a CAGR of 16.8%, Market Trends – Surging demand for bioplastics in additive manufacturing

In the Global Smart Glass Market Research Report published by Emergen Research, key business details are analyzed along with a geographical overview of the Smart Glass industry, which provides extensive analysis of this sector. This study provides a comprehensive look at the Smart Glass market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. As of 2019, the research study provides historical data and offers forecasts up to 2030. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.

The global bioplastics market size was USD 10.64 Billion in 2021 and is expected to register a revenue CAGR of 16.8% over the forecast period, according to the latest analysis by Emergen Research. Increase in demand for bioplastics from the automotive industry and demand for compostable plastics to improve soil quality are factors expected to support revenue growth of the market between 2022 and 2030. The automotive industry's primary objective and challenge is to reduce fuel consumption and pollutants by reducing vehicle weight. Bioplastics are effective materials for achieving this purpose. These smart plastics, such as bio-PA and bio-PP, have been embraced by major vehicle manufacturers to reduce environmental impact and provide additional strength to automobile components. Thus, demand for these plastics in the automotive industry owing to their excellent properties is anticipated to create lucrative growth prospects for companies in the market.

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The leading market contenders listed in the report are:

BASF SE, NatureWorks, Biome Plastics, Braskem, Biotec, Total Corbion, Plantic Technologies, Mitsubishi Chemical Holdings Corporation, Novamont SPA, and Toray Industries

Key reasons to buy the Global Bioplastics Market report:

  1. The latest report comprehensively studies the global Bioplastics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2017-2027)

    • Biodegradable
      1. Polybutylene Adipate Terephthalate (PBAT)
      2. Polybutylene Succinate (PBS)
      3. Polylactic Acid (PLA)
      4. Polyhydroxyalkanoate (PHA)
      5. Starch Blends
      6. Others
  • Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

    • Online
    • Offline
  • Application Outlook (Revenue, USD Billion; 2017-2027)

    • Packaging
    • Textile
    • Automotive Transportation
    • Consumer Goods
    • Agriculture
    • Building Construction
    • Others

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Regional Outlook of the Bioplastics Market

The global Bioplastics market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Bioplastics market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Bioplastics Market report:

  1. The latest report comprehensively studies the global Bioplastics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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