Materials & Chemicals Market Research News

A recent study says that Bioplastics Industry will make a huge impact by 2025

Bioplastics

Bioplastics Industryby Applications (Rigid Packaging, Agriculture, and Horticulture, Consumer Goods, Automotive, Flexible Packaging, Textile, Electronics), and By Type (Biodegradable Plastic, Non-biodegradable Plastic) – Market Forecast and Size Analysis 2019-2025

Global Bioplastics Industry was valued at USD 21.3 Billion in the year 2017. Global Bioplastics Industry is further estimated to grow at a CAGR of 18 % from 2019 to reach USD 79.83 Billion by the year 2025.

The North America region holds the highest Industry share in 2017 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At a country level, US, China, and the U.S.

are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.

Click Here For More Details @ www.alexareports.com/report/…nd-outlook Make an Inquiry about this news

Major market players in Bioplastics Industry are BASF SE, Biome Technologies Plc., Braskem S.A., Corbion Purac, FKuR Kunststoff GmbH, Indorama Ventures Public Company Ltd., Innovia Films, Natureworks LLC., Novamont S.p.A, SECOS Group Ltd., and brief overview of 10 companies is also provided in the report.

Sample Request of this Report @ www.alexareports.com/report-sample/9252 Make an Inquiry about this news 

SWOT analysis of Bioplastics Industry:

Strength:          

            Environmentally Friendly Properties

Weakness:

            High Cost to End-User

Opportunities:

            High investment from Research and Development

Threats:               

            Growing Corporate Social Responsibility (CSR) activities

Furthermore, biodegradable is segmented into polylactic acid (PLA), polyhydroxyalkanoates (PHA), starch blend, polyester (PBAT & PBS), and cellulose acetate. Non-biodegradable is divided into the epoxy, polyurethane, polyethylene terephthalate (PET), and others (polyamide (PA), polyethylene (PE), ethylene propylene diene monomer rubber (EPDM), and poly-trimethylene terephthalate (PTT) in which non-biodegradable waste contributes to the highest Industry share.

PET is largely used in bottle packaging.

Bioplastics Industry Segmentation:

By Application

  • • Rigid Packaging
  • • Flexible Packaging
  • • Textile
  • • Agriculture and Horticulture
  • • Consumer Goods
  • • Automotive
  • • Electronics
  • • Building and Construction
  • • Others

By Type

  • • Biodegradable Plastic
  • • Non-biodegradable Plastic

By Region

  • • North America

o USA

o Canada

  • • Europe

o Germany

o U.K.

o France

o Italy

o Rest of Europe

  • • APAC

o China

o India

o Japan

o Rest of Asia-Pacific

  • • RoW

o Latin America

o Middle East & Africa

News From

Alexa ReportsAlexa Reports
Category: Market Research Publishers and RetailersCompany about: Alexa Reports is a globally celebrated premium market research service provider, with a strong legacy of empowering business with years of experience. We help our clients by implementing decision support system through progressive statistical surveying, in-depth market analysis, and reliable forecast data. Till date, we have collaborated and partnered with well-known publishers in specialized domain to offer our clients with comprehensive market analysis. Over the past few years, we have been ab ...
This email address is being protected from spambots. You need JavaScript enabled to view it.

For more information:

Make an Inquiry about this report HERE!
  • www.alexareports.com/report/…nd-outlook
  • www.alexareports.com/report-sample/9252
  • www.alexareports.com