A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Bio
plastics and Biopolymers
Market. The
study, titled “Bio
plastics and Biopolymers Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Bio
plastics and Biopolymers are defined as the type of plastics and
polymers which are obtained from renewable biomass source such as
vegetable oils and fats, starch corn, technology that has an
intrinsic network, intelligent control system and home automation
system as its basic components. This technology is equipped with home
appliances, digital devices and other components that are
interconnected and are accessed with the help of a smart gadget from
a far off location. The Bio plastics and Biopolymers market has been
segmented by product type, by end user industry and geography.
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Report Preview:
In
terms of product type the Bio plastics and Biopolymers market has
been has been segmented into Bio-PET, Bio-PE, PLA, PHA, Starch
Blends, Biodegradable polyster and Regenerated Cellulose among
others. Moreover, in terms of end user industry, the Bio plastics and
Biopolymers market has been segmented into packaging industry,
bottling industry, agricultural industry, automotive industry and
consumer products among others. Furthermore, in terms of geography,
the Bio plastics and Biopolymers market has been segmented into five
geographies namely North America, Europe, Asia Pacific (APAC), Middle
East and Africa (MEA) and Latin America.
Increased
usage of Bio plastics and Biopolymers as consumer products and
increase in investment on agricultural industry by the key vendors
across the globe has contributed to the growth of Bio plastics and
Biopolymers market. Moreover, the concept of smart cities and smart
buildings and connected cities are also going to drive the demand in
Bio plastics and Biopolymers market. Due to these concept there is an
increase in demand of Bio plastics and Biopolymers for waste and
water management and renewable energy management among others.
Increased awareness and stringent laws across the globe, has
increased the demand of Bio plastics and Biopolymers. Also frequent
price fluctuation of petroleum is also contributing to the growth of
the Bio plastics and Biopolymers market. Important factor is that
this is recyclable, environment friendly and exhibits similar
properties as petroleum based PET. Increase in demand of ecofriendly
bio based polymer packaging is actually boosting up the growth of Bio
plastics and Biopolymers market. Large and smooth distribution
network along with strong distribution partner has led to the growth
of increase in demand of Bio plastics and Biopolymers market. Rising
concern for green environment and environmental safety has compelled
the governments of various developed and developing nations to take
safety measures which in turn has increased the usage and demand of
Bio plastics and Biopolymers market significantly.
By
geography, Bio plastics and Biopolymers market has been segmented
into five regions as North America, Europe, Asia-Pacific (APAC),
South America and Middle East and Africa (MEA). Europe is the
dominant segment in the global Bio plastics and Biopolymers market
followed by Asia-Pacific and North America. In terms of revenue and
market share, Europe leads the market globally. Russia is estimated
to witness the highest CAGR in the European market. Expansion of the
agriculture and packaging industry and rise of regional players has
led to the expansion of the Bio plastics and Biopolymers market.
South Korea, China, Japan are expanding consistently in the Bio
plastics and Biopolymers market... The U.S. is among the leading
contributors to the North America Bio plastics and Biopolymers
market.
The
top players in the market include the key players, manufacturers, raw
material suppliers and end users in the global Bio plastics and
Biopolymers market such as BASF SE, Eastman Chemical Company, Solvay
SA, Celanese Corporation, and many others. The manufacturers include
various companies such as Braskem SA (Brazil), Corbion NV
(Netherlands), BASF SE (Germany), Metabolix Holdings Group Inc.
(U.S.), Nature Works LLC (U.S.) and others. The end users include
industries such as packaging, agriculture, automotive, consumer
products, and many others.
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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