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Bioplastics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

Bioplastics are a type of plastic manufactured from biomass sources such as vegetable oils and certain starches and are also called biobased plastic or biodegradable plastic. They are commonly used for insulation, as a packaging material, and in cro
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Bioplastics are a type of plastic manufactured from biomass sources such as vegetable oils and certain starches and are also
called biobased plastic or biodegradable plastic. They are commonly used for insulation, as a packaging material, and in
crockery and food packaging. Since bioplastics are plant based products, the consumption of petroleum for the production of
plastic is expected to decrease by 10-15 percent by 2018. The bioplastic industry has high potential for growth if the focus is not
just the replacement of current plastic applications but innovation of newer properties and newer applications as well.
Starch-based and PLA-based bioplastic classes have shown increased growth in the past years and form a major part of the
bioplastic ingredient market segment. Other such bioplastics which show promising growth are cellulose-based,
polyhydroxyalkanoates based, bio-polyamide based, and biopolyethylene based bioplastics. The market is dominated by the
United States and Europe which are followed by Asia-Pacific and Rest of the World. The market is growing rapidly because more
and more companies are entering this market with newer innovations and applications in automotive and electronics. Europe is
a larger bioplastic market because of limited crude oil reserves. Bioplastics are segmented into a variety of applications
including packaging, agriculture, food services, automotive consumer electronics, household appliances, and consumer goods.
The applications responsible for higher market growth are in food and beverage packing, catering products, and bags.
Some of the major factors driving the bioplastic market are high consumer acceptance, high fossil fuel prices, increase in the
dependence on fossil fuels, and the need for more eco-friendly products. Currently the demand for bioplastics is increasing due
to its renewability and availability of raw material, advanced functionality and technical properties, and the recycling option that
they present.
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Some of the major players competing in this market are Cargill\'s NatureWorks, Dupont, Braskem (BAK), Toray Industries,
Lanxess AG, Bayer, BASF, and Eastman.
This research report analyzes this market depending on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
North America
Asia Pacific
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis
and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of
market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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Amy James
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Business and Leadership
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Global Bioplastics Market, Bioplastics Market
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