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According to our (Global Info Research) latest study, the global Bioplastics market size was valued at USD 3868.9 million in 2023 and is forecast to a readjusted size of USD 5682.8 million by 2030 with a CAGR of 5.6% during review period.
Biopolymers/bioplastics is a material for which at least a portion of polymer consists of material produced from biomaterials. It represent a new generation of plastics that reduces the impact on the environment, both in terms of energy consumption and the amount of greenhouse gas emissions.
Global Bioplastics key players include Braskem, NatureWorks, Novamont, etc. Global top three manufacturers hold a share over 30%.
Europe is the largest market, with a share about 40%, followed by North America and China, both have a share over 20 percent.
In terms of product, Bio-PE is the largest segment, with a share over 25%. And in terms of application, the largest application is Packing Industry, followed by Automotive Industry, Bottles Manufacturing, etc.
The Global Info Research report includes an overview of the development of the Bioplastics industry chain, the market status of Packing Industry (Bio-PET, Bio-PE), Automotive Industry (Bio-PET, Bio-PE), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Bioplastics.
Regionally, the report analyzes the Bioplastics markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Bioplastics market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Bioplastics market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Bioplastics industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Bio-PET, Bio-PE).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Bioplastics market.
Regional Analysis: The report involves examining the Bioplastics market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Bioplastics market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Bioplastics:
Company Analysis: Report covers individual Bioplastics manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Bioplastics This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Packing Industry, Automotive Industry).
Technology Analysis: Report covers specific technologies relevant to Bioplastics. It assesses the current state, advancements, and potential future developments in Bioplastics areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Bioplastics market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Bioplastics market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Bio-PET
- Bio-PE
- Starch Blends
- PLA
- PHA
- Others
Market segment by Application
- Packing Industry
- Automotive Industry
- Bottles Manufacturing
- Others
Major players covered
- Braskem
- NatureWorks
- Novamont
- BASF
- Corbion
- PSM
- DuPont
- Arkema
- Kingfa
- FKuR
- Biomer
- Zhejiang Hisun Biomaterials
- PolyOne
- Grabio
- Danimer Scientific
- Myriant
- Mitsubishi
- Biome Bioplastics
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bioplastics product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bioplastics, with price, sales, revenue and global market share of Bioplastics from 2019 to 2024.
Chapter 3, the Bioplastics competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bioplastics breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Bioplastics market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bioplastics.
Chapter 14 and 15, to describe Bioplastics sales channel, distributors, customers, research findings and conclusion.