Global Biopolymers Market Outlook 2024, Global Opportunity And Demand Analysis, Market Forecast, 2016-2024

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Report Code CHM 1025
2016-2024
Global Biopolymers Market Outlook 2024 Global
Opportunity Growth Analysis, 2016-2024
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Executive Summary
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Global Biopolymers Market Share (), By
Region-2016-2024
Global Biopolymers Market Size USD (Billion).
2016-2024
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With XX share in 2016, Europe region dominated
the Global Biopolymers Market
In 2016, Bio-PET accounted for the highest market
share XX in Global Biopolymers Market
Global Biopolymers Market Share (), By
Application Type-2016
Global Biopolymers Market Share (), By End
Users-2016
Global Biopolymers Market Share (), By Product
Type-2016
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Rising Environmental Concerns
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Waste Generation
Government regulations
Expected Production of Biopolymers (Million
Tonnes), 2024
Europe
North America
2020
XXXX Million Tonnes
XXXX Million Tonnes
Lesser Toxicity
2024
XXXX Million Tonnes
XXXX Million Tonnes
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Global Biopolymers Market Size (USD Billion)
Growth Analysis
Global Biopolymers Market Size (USD
Billion)-2016-2024
Global Biopolymers Y-O-Y Growth ()
Analysis-2016-2024
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Global Biopolymers Market Overview, By Region and
End Users-2016
Global Biopolymers Market Share (), By Region,
2016
Global Biopolymers Market Share () , By End
Users, 2016
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Market Dynamics
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Growth Drivers
Growth Barriers
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General Trend
Highly Complex
Moderately Complex
Waived
Environmental Regulations
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Growth Drivers
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Fig 5-1 Global Production Capacities of
Bio-plastics (Thousand Tonnes), 2016-2024

• Environmental Regulations and Awareness Towards
  Ecological Problems
• In response to greater environmental awareness
  amongst consumers generally, no doubt
  increasingly driven by heightened perceptions of
  global warming, many companies are adopting
  strategies to reduce their carbon footprint.
  Amongst these Wal-Mart's plans to 'go green'
  could conceivably have the greatest and most
  far-reaching impact on numerous markets,
  including packaging in general and hence
  plastics.
• In the Europe, the leading grocery retailers are
  also progressing towards new policies regarding
  packaging and waste. They have formed a group,
  Waste Resources Action Programme (WRAP) that
  sets out to reduce the amount of packaging and
  waste from supermarkets.
• The concept of biopolymers was introduced in the
  Western European countries over two decades ago
  hence, the biopolymers market in the region is
  relatively mature. Furthermore, the legal
  framework and strategy of governments of Western
  European countries to provide many subsidies for
  the use of biopolymers will impel this markets
  growth in the region.

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• Impact Analysis-
• The commercialization of bio-plastics production
  is imperative if the industry is to achieve
  economies of scale and production efficiencies,
  which can be translated into lower cost
  bio-plastic products for consumers and
  businesses.
• Given the right conditions, in particular a
  proper legislative and commercial framework that
  would enable the development of bio-plastics
  sector, the industry expects global production of
  bio-plastics to reach XX million tonnes.

GlaxoSmithKline announced to invest more than USD
350 million at three of its U.K. sites to boost
production of new respiratory therapies and
biologic medicines. GSK, will expand in Barnard
Castle in County Durham, England Montrose in
Angus, Scotland and Ware in Hertfordshire,
England BASF and Avantium are advancing their
efforts to develop the novel polymer polyethylene
furanoate (PEF). The partners have formed a joint
venture, Synvina, to build a plant at BASFs
complex in Antwerp, Belgium, for
furandicarboxylic acid (FDCA), a biobased
chemical used to make PEF. The EU-funded
PolyBioSkin project commenced work on the
development of biopolymers for high-demand
skin-contact applications. At the end of June
2017, the project consortium, comprising of 12
partners, including European Bioplastics (EUBP).
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Global Biopolymers Market Share() - By Product
Type,2016-2024
Key Findings
Global Biopolymers Market Share, By Product
Type, 2016-2024

• Bio-based, non-biodegradable plastics, such as
  polyurethanes (PUR) and drop-in solutions, such
  as bio-based PE and bio-based PET, are the main
  drivers of this growth, with PUR making up around
  XX and PET over XX of the global bioplastics
  production capacities. More than XX of the
  biopolymers production capacity worldwide in 2016
  was bio-based, durable plastics. This share will
  increase to almost XX in 2024.
• Production capacities of biodegradable plastics,
  such as PLA, PHA, and starch blends, are also
  growing steadily from around XX million tonnes in
  2016 to almost XX million tonnes in 2024. PHA
  production will almost quadruple by 2024 compared
  to 2016, due to a ramp-up of capacities in Asia
  and the USA and the start-up of the first PHA
  plant in Europe.
• In the near future, biobased commodity plastics,
  with a total of around 1 million tonnes, will
  make up the majority of production capacity in
  2015. Biodegradable materials are slated for
  substantial growth and are forecast to reach
  about 700,000 tonnes a that time. hardware
  revenues are expected to remain the single
  largest source of revenues globally.

2024
2016
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Global Biopolymers Market Y-O-Y Growth, By
Communication Type, 2016-2024
Global Biopolymers Market Size (USD Billion),
By Product Type-2016-2024
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Global Biopolymers Market, 2016-2024
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Global Biopolymers Market Size (USD
Billion)-2016-2024
Global Biopolymers Market Y-O-Y Growth ()
Analysis-2016-2024
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Global Biopolymers Market Trends
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business solutions, help our clients make
powerful future decisions to keep them well ahead
of the game which is the market, and leave a mark
across businesses and communities through our
well-defined ideas and clear cut forecasts.
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