Bioplastics & Biopolymers Market

Bioplastics & Biopolymers Market by Product Type (Biodegradable, Non-Biodegradable/ Bio-Based), End-Use Industry (Packaging, Consumer Goods, Textiles, Agriculture & Horticulture, AnT, Coatings & Adhesives), & Region- Global Forecast to 2029

Report Code: CH 2325 Apr, 2024, by marketsandmarkets.com

Updated on : June 24, 2024

Bioplastics Market Size & Biopolymers Market Size

The global bioplastics market size and biopolymers market size is valued at USD 15.3 billion in 2024 and is projected to reach USD 45.2 billion by 2029, growing at 24.2% cagr from 2024 to 2029. Bioplastics show significant potential for expansion owing to their reduced carbon footprint, minimized waste, enhanced compostability, and lower energy costs. Factors driving the demand for bioplastics and biopolymers include increased utilization in the packaging sector, heightened waste management regulations in Europe, supportive governmental policies, emphasis on bio-based content over biodegradability, and growing concerns for human health.

Attractive Opportunities in the Bioplastics & Biopolymers Market

Bioplastics &  Biopolymers Market

Note: e-estimated p-projected.

Source: Expert Interviews, Secondary Sources, and MarketsandMarkets Analysis

To know about the assumptions considered for the study, Request for Free Sample Report

Bioplastics &  Biopolymers Market

Bioplastics & Biopolymers Market Dynamics

Driver: Government focuses on green procurement policies & regulations

  • The biodegradable plastics market is expected to grow during the forecast period. New technologies and ongoing R&D innovations with improving funding have enhanced the technical and functional properties of biodegradable plastics.
  • The increasing regulations and prohibitions against plastic bags and other plastic items are driving the market for biodegradable plastics worldwide. Governments are encouraging the use of sustainable and eco-friendly products. In addition, manufacturers are increasingly striving toward developing sustainable solutions which have minimal environmental hazards. Environmental regulations are becoming more stringent, especially in European countries. For example, in Germany, the green dot system is used for traditional packaging, wherein companies must contribute to the cost of recycling packaging waste. The German government has exempted manufacturers from green dot system fees to increase the use of biodegradable plastics, which is expected to further fuel the demand for biodegradable plastics in the country. In addition to the legislation curbing the use of traditional plastics, governments worldwide are offering incentives such as tax exemptions and certifications to companies that produce and promote green materials.
  • In North America, programs and initiatives such as "Green Technologies" and "BioPreferred" promote biodegradable plastics. Moreover, the developing economies in the Asia Pacific region are also implementing new regulations to encourage the use of biodegradable plastics.
  • Recently, stringent legislation has become more frequent, especially in European countries, with significantly high environmental awareness. Thus, governments are also offering incentives to companies that produce and promote green materials. Some incentives include tax exemptions and certifications; branding activities also play a major role in banning single-use plastic products and bags. This, in turn, is expected to boost the demand for biodegradable plastics.

Restraint: Higher prices of biodegradable plastics than that of its alternatives

The market's growth in many application segments is hampered by the higher cost of biodegradable plastics compared to traditional polymers. Typically, the production cost of biodegradable plastics is 20-80% higher than that of conventional plastics. This disparity primarily stems from the elevated polymerization expenses of biodegradable plastics, as most processes are still in the developmental phase and haven't achieved economies of scale.

For instance, PHAs, which find applications in binders, synthetic papers, medical devices, electronic parts, food packaging, and agriculture, incur high production costs, low yields, and limited availability. Although PLAs have a lower production cost than PHAs, they remain more expensive than petroleum-based PE and PP. Overall, bio-based materials are still in the developmental stage and haven't been commercialized to the same extent as their petrochemical counterparts.

The cost of biodegradable plastics varies from USD 2/kg to USD 6/kg, in contrast to traditional plastics, which range from approximately USD 1/kg to USD 2/kg. Higher R&D and production costs due to small-scale production, along with significant price differences compared to traditional petroleum-based plastics, are key factors contributing to the limited penetration of biodegradable plastics in various industries.

Opportunity: High potential in emerging economies

Bioplastics and biopolymers market players are actively employing both organic and inorganic strategies to fuel their growth. Recent years have witnessed significant strategic developments in the emerging markets of Asia-Pacific. For example, in 2019, Total-Corbion established a PLA plant in Rayong, Thailand, with an annual production capacity of 75,000 tons. Similarly, Mitsubishi Chemical Holding Corporation (Japan) and Lenovo Group Limited (China) formed a joint venture to produce bioplastic-based smartphone components. Additionally, Indonesia is exploring bioplastic alternatives, such as seaweed. Local player Evoware offers patented seaweed-based packaging, anticipating an increase in environmental regulations that will drive demand for bioplastics in Asia-Pacific countries. Furthermore, Southeast Asia benefits from abundant bio-based feedstock, ensuring a sustainable supply of raw materials for bioplastic production. Consequently, regulatory developments and the availability of feedstock are poised to sustain the demand for bioplastics in the region in the forecast period.

Challenge: Fluctuating oil prices create volatility in demand for biodegradable plastics

Bioplastics typically come at a higher cost compared to conventional plastics, but their pricing is influenced by oil price fluctuations, posing a long-term challenge. Yet, temporary spikes in oil prices elevate conventional plastic costs, making bioplastics an appealing alternative due to their competitive pricing and sustainability advantages. This short-term trend acts as a driver in the bioplastics and biopolymers market. However, a potential drop in oil prices due to demand-supply dynamics could lower conventional plastic prices, impacting bioplastics demand. Additionally, the pricing of bio-based plastics hinges on stable biomass prices, while bioplastic prices can only decrease through economy of scale production and favorable conversion and logistics processes. Thus, while temporary plastic price increases favor bioplastics in the short term, challenges persist regarding economies of scale and technological advancement.

Bioplastics & Biopolymers Market Ecosystem

Bioplastics &  Biopolymers Market Ecosystem

Starch based bioplastics to hold significant potential in the bioplastics & biopolymers market.

Starch-based bioplastics show significant potential in the bioplastics and biopolymers market. Typically incorporated into conventional plastics, starch enhances biodegradability without compromising thermal stability or melt flow properties. Starch blends serve as excellent biodegradable fillers, reducing costs and accelerating composite material biodegradation. Blends with low starch content (25%-40%) enhance ductility and flexibility, making them ideal for extrusion applications. Conversely, high-starch content (50% and above) promotes brittleness, resulting in slightly lower tensile strength compared to conventional polypropylene, suitable for injection molding applications..

Corn starch to be third largest segment in raw material in bioplastics & biopolymers market.

Corn starch, derived from corn grain, serves as a crucial raw material for producing polylactic acid (PLA), making it a cornerstone in the bioplastics and biopolymers market. With its cost-effectiveness and widespread availability, corn grain is the primary source for com-starch, offering a sustainable alternative to petroleum-based plastics. Com-starch bioplastics, predominantly made from PLA, are widely utilized in various applications such as biodegradable packaging, food containers, and medical devices like implants and surgical tools. NatureWorks LLC, a prominent manufacturer, has introduced the Ingeo bioplastics series, derived from corn starch, catering to high-value applications in both rigid and flexible packaging manufacturing.

Agriculture & Horticulture end-use industry to register highest CAGR during the forecast period.

Biopolymers, with their distinct benefits like biodegradability and high biobased content, are increasingly preferred in agriculture. Farmers utilize PBAT and PBS mulch films to enhance crop productivity and soil quality, employing these polymers throughout the agricultural cycle from cultivation to processing. These versatile biopolymers, including starch-based plastics, PBAT, and PBS, find applications in various agricultural products such as mulch films, seeding strips, tape-planters, planting pots, and covering films. Incorporating mulch films into the soil enhances the biodegradability and water solubility of bioplastics, leading to a surge in demand for bioplastics in agriculture.

Asia Pacific to register highest CAGR during the forecast period.

Government regulations in the Asia-Pacific region aimed at banning plastic bags and promoting initiatives to combat global warming are facilitating market growth. However, the higher prices of bioplastics and biopolymers compared to conventional petroleum-based resins are acting as a significant barrier to market expansion in the region. Nevertheless, the lower living standards and disposable income in Asia-Pacific are expected to lead to a reduction in the prices of bioplastics and biopolymers.

Additionally, the increasing regulations in the plastics industry and the focus on sustainable development present opportunities for replacing plastics with bioplastics in the Asia-Pacific region. Growing consumer awareness of sustainable plastics and pressure from retailers are contributing to the rising demand for bioplastics.

This report segments Asia-Pacific into China, India, Japan, South Korea, Thailand, and the Rest of Asia-Pacific. The majority of bio-based polymer production in the region is concentrated in China and Japan.

Bioplastics &  Biopolymers Market by Region

Source: Secondary Research, Primary Interviews, and MarketsandMarkets Analysis

To know about the assumptions considered for the study, download the pdf brochure

Bioplastics & Biopolymers Market Players

Major players operating in the bioplastics & biopolymers market includes NatureWorks LLC (US), Braskem (Brazil), BASF SE (Germany), TotalEnergies Corbion (Netherlands), Versalis S.P.A (Italy), Biome Bioplastics Limited (UK), Mitsubishi Chemical Group Corporation (Japan), Biotec Biologische Naturverpackungen GmbH & Co. (Germany), Plantic Technologies Limited (Australia), and Toray Industries, Inc. (Japan).

Read More: Bioplastics & Biopolymers Companies

Bioplastics & Biopolymers Market Report Scope

Report Metric

Details

Years considered for the study

2019–2029

Base year

2023

Forecast period

2024–2029

Units considered

Value (USD Million/USD Billion), Volume (Kiloton)

Segments

By product type, By raw material, By end use, and By Region

Regions

North America, Asia Pacific, Europe, South America, and MEA

Companies

NatureWorks LLC (US), Braskem (Brazil), BASF SE (Germany), TotalEnergies Corbion (Netherlands), Versalis S.P.A (Italy), Biome Bioplastics Limited (UK), Mitsubishi Chemical Group Corporation (Japan), Biotec Biologische Naturverpackungen GmbH & Co. (Germany), Plantic Technologies Limited (Australia), and Toray Industries, Inc. (Japan). Total 25 major players covered

This research report categorizes the Bioplastics & Biopolymers market is segmented by product type, by raw material type, by end use, and by region.

Based on product type:

  • Biodegradable
    • PLA
    • PBAT
    • PHA
    • PBS
    • Starch based
    • Cellulose Films
    • Others Biodegradable
  • Non-Biodegradable
    • Bio-PE
    • Bio-PP
    • Bio-PET
    • Bio-PA
    • PTT
    • PEF
    • Others Non-Biodegradable

Based on raw material type:

  • Sugar cane/ Sugar beet
  • Potato
  • Corn starch
  • Wheat
  • Switchgrass
  • Cassava
  • Others

Based on the end-use industry:

  • Packaging
    • Flexible Packaging
    • Rigid Packaging
  • Textiles
  • Automotive & Transport
  • Electronics & Electricals
  • Coatings & Adhesives
  • Agriculture & Horticulture
  • Building & Construction
  • Others

Based on the region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • MEA

Recent Developments

  • In November 2022, Total Energies Corbion unveiled a long-term collaboration with BGF, focusing on application development and the supply of Luminy PLA.
  • Braskem announced in October 2022 its plans to expand its I'm greenTM biopolymer production capacity by 30%, investing USD 60 million in the project. This expansion, in partnership with SOG chemicals, aims to double the current capacity for I'm greenTM products.
  • In January 2025, MarketsandMarkets released a global forecast for the bioplastics and biopolymers market.
  • In June 2021, BASF introduced COSMOS-approved texturizing biopolymer Hydagen, derived from the tuber of the konjac plant. This rheology modifier is suitable for various aqueous systems and novel formulations such as patches and jellies.
  • In June 2022, Confoil, an Australian food packaging manufacturer, collaborated with BASF to develop certified compostable dual-ovenable paper trays coated with BASF's biopolymer Ecovio PS-1606.
  • In September 2021, Braskem partnered with Gelmart International to supply I'm-green-EVA biopolymer for the production of the world's first bra cup..

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 37)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
          TABLE 1 BIOPLASTICS & BIOPOLYMERS: DEFINITION
           1.2.1 INCLUSIONS AND EXCLUSIONS
                    TABLE 2 BIOPLASTICS & BIOPOLYMERS MARKET: INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE 
           1.3.1 MARKETS COVERED
                    FIGURE 1 BIOPLASTICS & BIOPOLYMERS: MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 UNITS CONSIDERED 
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 44)
    2.1 RESEARCH DATA 
          FIGURE 2 BIOPLASTICS & BIOPOLYMERS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
           2.1.3 INTERVIEWS WITH EXPERTS
                    2.1.3.1 Interviews with experts – demand and supply sides
                    2.1.3.2 Key industry insights
                    2.1.3.3 Breakdown of interviews with experts
    2.2 MARKET SIZE ESTIMATION 
          FIGURE 3 MARKET SIZE ESTIMATION APPROACH
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach for arriving at market size using bottom-up approach
                                FIGURE 4 BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach for arriving at market size using top-down approach
                                FIGURE 5 TOP-DOWN APPROACH
           2.2.3 SUPPLY-SIDE APPROACH
    2.3 DATA TRIANGULATION 
          FIGURE 6 BIOPLASTICS & BIOPOLYMERS MARKET: DATA TRIANGULATION
    2.4 FACTOR ANALYSIS 
          FIGURE 7 BIOPLASTICS & BIOPOLYMERS MARKET: FACTOR ANALYSIS
    2.5 RESEARCH ASSUMPTIONS 
    2.6 LIMITATIONS & RISKS 
 
3 EXECUTIVE SUMMARY (Page No. - 56)
    FIGURE 8 BIODEGRADABLE SEGMENT TO DOMINATE BIOPLASTICS & BIOPOLYMERS MARKET DURING FORECAST PERIOD
    FIGURE 9 PLA TO LEAD BIODEGRADABLE PLASTICS MARKET DURING  FORECAST PERIOD
    FIGURE 10 BIO-PET TO LEAD NON-BIODEGRADABLE PLASTICS MARKET DURING FORECAST PERIOD
    FIGURE 11 SUGARCANE/SUGAR BEET TO DOMINATE MARKET DURING FORECAST PERIOD
    FIGURE 12 PACKAGING TO ACCOUNT FOR LARGEST MARKET SHARE DURING  FORECAST PERIOD
    FIGURE 13 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2023
 
4 PREMIUM INSIGHTS (Page No. - 61)
    4.1 EMERGING ECONOMIES TO WITNESS HIGH GROWTH  IN BIOPLASTICS & BIOPOLYMERS MARKET 
          FIGURE 14 ASIA PACIFIC TO OFFER ATTRACTIVE OPPORTUNITIES TO BIOPLASTICS  & BIOPOLYMERS PLAYERS
    4.2 BIOPLASTICS & BIOPOLYMERS MARKET, PRODUCT TYPE 
          FIGURE 15 BIODEGRADABLE BIOPLASTICS & BIOPOLYMERS TO LEAD MARKET  DURING FORECAST PERIOD
    4.3 BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY 
          FIGURE 16 AGRICULTURE & HORTICULTURE TO BE FASTEST-GROWING END-USE INDUSTRY DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 63)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN BIOPLASTICS  & BIOPOLYMERS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Shift in consumer preference toward bio-based plastics
                    5.2.1.2 Increasing use in packaging and compostable applications
                    5.2.1.3 Stringent waste management regulations in Europe
                    5.2.1.4 Government focus on green procurement policies & regulations
                    5.2.1.5 Increased focus on bio-based content over biodegradability
           5.2.2 RESTRAINTS
                    5.2.2.1 Performance issue of bioplastics
                    5.2.2.2 Higher prices of biodegradable plastics than that of alternatives
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Development of new applications
                    5.2.3.2 High potential in emerging economies
           5.2.4 CHALLENGES
                    5.2.4.1 Segregation and processing of bioplastics
                                FIGURE 18 SEGREGATION & PROCESSING OF BIOPLASTICS
                    5.2.4.2 Volatility in demand for biodegradable plastics due to fluctuating oil prices
                    5.2.4.3 Expensive and complex production process
    5.3 PORTER’S FIVE FORCES ANALYSIS 
          FIGURE 19 BIOPLASTICS & BIOPOLYMERS MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.3.1 THREAT OF SUBSTITUTES
           5.3.2 BARGAINING POWER OF SUPPLIERS
           5.3.3 THREAT OF NEW ENTRANTS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
                    TABLE 3 BIOPLASTICS & BIOPOLYMERS: PORTER’S FIVE FORCES ANALYSIS
    5.4 VALUE CHAIN ANALYSIS 
          FIGURE 20 VALUE CHAIN ANALYSIS
           5.4.1 RAW MATERIAL SUPPLIERS
           5.4.2 MANUFACTURERS
           5.4.3 DISTRIBUTORS
           5.4.4 END-USE INDUSTRIES
    5.5 RAW MATERIAL ANALYSIS 
           5.5.1 SUGARCANE/SUGAR BEET
           5.5.2 CORN STARCH
           5.5.3 POTATO
           5.5.4 VEGETABLE OIL
           5.5.5 SWITCHGRASS
    5.6 ECOSYSTEM/MARKET MAP 
          FIGURE 21 BIOPLASTICS & BIOPOLYMERS ECOSYSTEM
          TABLE 4 BIOPLASTICS & BIOPOLYMERS: ECOSYSTEM
    5.7 REGULATORY LANDSCAPE 
           5.7.1 NORTH AMERICA
           5.7.2 EUROPE
           5.7.3 ASIA
           5.7.4 OTHERS
           5.7.5 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 5 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.8 PRICING ANALYSIS 
           5.8.1 AVERAGE SELLING PRICE TREND, BY REGION
                    FIGURE 22 AVERAGE SELLING PRICE, BY REGION (USD/KG)
           5.8.2 AVERAGE SELLING PRICE, BY PRODUCT TYPE
                    FIGURE 23 AVERAGE SELLING PRICE, BY PRODUCT TYPE (USD/KG)
           5.8.3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION
                    FIGURE 24 AVERAGE SELLING PRICE, BY KEY MARKET PLAYERS (USD/KG)
    5.9 TRADE ANALYSIS 
           5.9.1 POLYLACTIC ACID (PLA)
           5.9.2 IMPORT TRADE ANALYSIS
                    FIGURE 25 IMPORT TRADE DATA OF PLA FOR TOP COUNTRIES, 2019–2022 (USD MILLION)
           5.9.3 EXPORT TRADE ANALYSIS
                    FIGURE 26 EXPORT TRADE DATA OF PLA FOR TOP COUNTRIES, 2019–2022 (USD MILLION)
    5.10 TECHNOLOGY ANALYSIS 
           5.10.1 KEY TECHNOLOGIES
                    5.10.1.1 Biopolymers made from microorganisms
                    5.10.1.2 Bioplastics made from fish scales
                    5.10.1.3 Bioplastics made from red fruit
                    5.10.1.4 Bioplastics made from OLIVe PITS
                    5.10.1.5 Recyclable bioplastics made from lobster shells
           5.10.2 COMPLEMENTARY TECHNOLOGIES
                    5.10.2.1 PHA biodegradable plastics
                    5.10.2.2 Smart PLGA systems
    5.11 PATENT ANALYSIS 
           5.11.1 METHODOLOGY
           5.11.2 PATENT TYPE
                     FIGURE 27 GRANTED PATENTS ACCOUNTED FOR SIGNIFICANT SHARE OF BIOPLASTICS  & BIOPOLYMERS INDUSTRY
           5.11.3 PUBLICATION TRENDS - LAST 10 YEARS
                     FIGURE 28 NO. OF PATENTS YEAR-WISE IN LAST 10 YEARS
           5.11.4 INSIGHTS
           5.11.5 JURISDICTION ANALYSIS
           5.11.6 TOP 10 COMPANIES/APPLICANTS
                     FIGURE 29 PATENT ANALYSIS
           5.11.7 PATENTS BY CARBON TECH HOLDINGS LLC.
           5.11.8 PATENTS BY CALYSTA INC
           5.11.9 PATENTS BY PROCTER & GAMBLE
                    5.11.10 TOP 10 PATENT OWNERS IN LAST 10 YEARS
    5.12 MACROECONOMIC INDICATORS 
           5.12.1 GDP TRENDS AND FORECASTS
                     TABLE 6 TRENDS OF PER CAPITA GDP (USD) 2020–2022
                     TABLE 7 GDP GROWTH ESTIMATE AND PROJECTION OF KEY COUNTRIES, 2023–2027
    5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           FIGURE 30 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    5.14 KEY CONFERENCES & EVENTS IN 2024–2025 
           TABLE 8 BIOPLASTICS & BIOPOLYMERS: LIST OF CONFERENCES & EVENTS, 2024–2025
    5.15 CASE STUDY ANALYSIS 
           5.15.1 NATUREWORKS LLC
           5.15.2 NATUREWORKS LLC
           5.15.3 FKUR KUNSTSTOFF GMBH
    5.16 KEY FACTORS AFFECTING BUYING DECISION 
           5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS
                     TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
           5.16.2 QUALITY
           5.16.3 SERVICE
                     FIGURE 32 SUPPLIER SELECTION CRITERION
                     TABLE 10 KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES
    5.17 INVESTMENT AND FUNDING SCENARIO 
           FIGURE 33 INVESTMENT AND FUNDING SCENARIO, 2021–2023 (USD MILLION)
 
6 BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL (Page No. - 97)
    6.1 INTRODUCTION 
          FIGURE 34 SWITCHGRASS TO BE FASTEST-GROWING RAW MATERIAL SEGMENT DURING  FORECAST PERIOD
          TABLE 11 BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2019–2023 (USD MILLION)
          TABLE 12 BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2024–2029 (USD MILLION)
          TABLE 13 BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL, 2019–2023 (KILOTON)
          TABLE 14 BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL, 2024–2029 (KILOTON)
    6.2 SUGAR CANE 
           6.2.1 EXTENSIVE USE IN BIOPLASTICS TO DRIVE MARKET
    6.3 POTATO 
           6.3.1 GROWING APPLICATION OF POTATO-BASED BIOPLASTICS IN FOOD SERVICE INDUSTRY TO DRIVE MARKET
    6.4 CORN STARCH 
           6.4.1 GROWING PACKAGING APPLICATIONS TO BOOST MARKET
    6.5 SWITCHGRASS 
           6.5.1 INCREASING DEMAND FOR PHA POLYMER TO BOOST MARKET
    6.6 VEGETABLE OIL 
           6.6.1 GROWING USE OF CASTOR OIL-BASED POLYMERS IN SPORTSWEAR INDUSTRY TO DRIVE MARKET
    6.7 CASSAVA 
           6.7.1 MANUFACTURERS TO PRODUCE SHOPPING BAGS DERIVED FROM CASSAVA TO DRIVE MARKET
    6.8 WHEAT 
           6.8.1 SURGE IN DEMAND FOR FLEXIBLE PACKAGING SOLUTIONS  TO DRIVE GROWTH
    6.9 OTHER RAW MATERIALS 
 
7 BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE (Page No. - 103)
    7.1 INTRODUCTION 
          FIGURE 35 BIODEGRADABLE BIOPLASTICS & BIOPOLYMERS TO BE FASTER-GROWING PRODUCT TYPE DURING FORECAST PERIOD
          TABLE 15 BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2019–2023 (USD MILLION)
          TABLE 16 BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2024–2029 (USD MILLION)
          TABLE 17 BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE, 2019–2023 (KILOTON)
          TABLE 18 BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE, 2024–2029 (KILOTON)
    7.2 BIODEGRADABLE 
           7.2.1 POLYBUTYLENE ADIPATE TEREPHTHALATE (PBAT)
                    7.2.1.1 PBAT to replace LDPE in flexible packaging application
           7.2.2 POLYBUTYLENE SUCCINATE (PBS)
                    7.2.2.1 Superior processability of PBS to drive demand
           7.2.3 POLYLACTIC ACID (PLA)
                    7.2.3.1 Competitive price to drive demand
           7.2.4 POLYHYDROXYALKANOATE (PHA)
                    7.2.4.1 Liquid packaging of high-quality materials to influence market
           7.2.5 STARCH BLENDS
                    7.2.5.1 Tensile strength and elongation properties to boost demand
           7.2.6 CELLULOSE FILMS
           7.2.7 OTHER BIODEGRADABLE POLYMERS
    7.3 NON-BIODEGRADABLE 
           7.3.1 BIO-BASED POLYETHYLENE (BIO-PE)
                    7.3.1.1 Food packaging industry to drive market
           7.3.2 BIO-BASED POLYAMIDE (BIO-PA)
                    7.3.2.1 Rapid use in automotive and textile industries to boost market
           7.3.3 BIO-BASED POLYETHYLENE TEREPHTHALATE (BIO-PET)
                    7.3.3.1 Growing demand from beverage industry to drive market
           7.3.4 POLYTRIMETHYLENE TEREPHTHALATE (PTT)
                    7.3.4.1 Superior dimensional stability to fuel market
           7.3.5 POLYETHYLENE FURANOATE (PEF)
                    7.3.5.1 PEF to replace PET to drive demand
           7.3.6 BIO-BASED POLYPROPYLENE (BIO-PP)
                    7.3.6.1 Food & beverage industry to drive demand
           7.3.7 OTHER NON-BIODEGRADABLE/BIO-BASED POLYMERS
 
8 BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY (Page No. - 115)
    8.1 INTRODUCTION 
          FIGURE 36 PACKAGING TO BE LARGEST END-USE INDUSTRY DURING FORECAST PERIOD
          TABLE 19 BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
          TABLE 20 BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
          TABLE 21 BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
          TABLE 22 BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)
    8.2 PACKAGING 
           8.2.1 INCREASING DEMAND FOR FOOD PACKAGING TO DRIVE MARKET
           8.2.2 FLEXIBLE PACKAGING
           8.2.3 RIGID PACKAGING
    8.3 TEXTILE 
           8.3.1 INCREASING DEMAND FOR FIBER INDUSTRIES TO DRIVE GROWTH
    8.4 CONSUMER GOODS 
           8.4.1 MANUFACTURERS’ INCREASING INCLINATION TOWARD GREEN PRODUCTS TO BOOST MARKET
    8.5 AUTOMOTIVE & TRANSPORT 
           8.5.1 BIO-PET & PTT BIOPLASTICS TO DRIVE AUTOMOTIVE INDUSTRY
    8.6 AGRICULTURE & HORTICULTURE 
           8.6.1 INCREASING USE OF BIOPLASTICS IN MULCH FILMS TO DRIVE MARKET
    8.7 BUILDING & CONSTRUCTION 
           8.7.1 BIOPLASTICS TO FIND APPLICATION IN 3D FLOORING SOLUTIONS & DRAPES FOR OUTDOOR AREAS TO DRIVE MARKET
    8.8 COATINGS & ADHESIVES 
           8.8.1 BIO-BASED COATINGS TO FIND APPLICATION IN DRINKING CUPS
    8.9 ELECTRONICS & ELECTRICALS 
           8.9.1 INCREASING USE OF BIOPLASTICS IN ELECTRONICS INDUSTRY TO DRIVE MARKET
    8.10 OTHER END-USE INDUSTRIES 
 
9 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION (Page No. - 123)
    9.1 INTRODUCTION 
          FIGURE 37 THAILAND TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
          TABLE 23 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION, 2019–2023 (USD MILLION)
          TABLE 24 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION, 2024–2029 (USD MILLION)
          TABLE 25 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION, 2019–2023 (KILOTON)
          TABLE 26 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION, 2024–2029 (KILOTON)
    9.2 NORTH AMERICA 
           9.2.1 IMPACT OF RECESSION
                    FIGURE 38 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET SNAPSHOT
                    TABLE 27 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2019–2023 (USD MILLION)
                    TABLE 28 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2024–2029 (USD MILLION)
                    TABLE 29 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2019–2023 (KILOTON)
                    TABLE 30 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2024–2029 (KILOTON)
                    TABLE 31 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2019–2023 (USD MILLION)
                    TABLE 32 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2024–2029 (USD MILLION)
                    TABLE 33 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2019–2023 (KILOTON)
                    TABLE 34 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2024–2029 (KILOTON)
                    TABLE 35 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2019–2023 (USD MILLION)
                    TABLE 36 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2024–2029 (USD MILLION)
                    TABLE 37 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2019–2023 (KILOTON)
                    TABLE 38 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2024–2029 (KILOTON)
                    TABLE 39 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                    TABLE 40 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                    TABLE 41 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                    TABLE 42 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.2.2 US
                    9.2.2.1 Government regulations for bioplastics adoption to drive market
                                TABLE 43 US: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 44 US: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
                                TABLE 45 US: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 46 US: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.2.3 CANADA
                    9.2.3.1 Stringent regulations governing use of plastics to drive market
                                TABLE 47 CANADA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 48 CANADA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 49 CANADA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 50 CANADA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.2.4 MEXICO
                    9.2.4.1 Advancements in technology and research to develop market
                                TABLE 51 MEXICO: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 52 MEXICO: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 53 MEXICO: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 54 MEXICO: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
    9.3 EUROPE 
           9.3.1 IMPACT OF RECESSION
                    FIGURE 39 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SNAPSHOT
                    TABLE 55 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2019–2023 (USD MILLION)
                    TABLE 56 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2024–2029 (USD MILLION)
                    TABLE 57 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2019–2023 (KILOTON)
                    TABLE 58 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2024–2029 (KILOTON)
                    TABLE 59 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2019–2023 (USD MILLION)
                    TABLE 60 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2024–2029 (USD MILLION)
                    TABLE 61 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2019–2023 (KILOTON)
                    TABLE 62 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2024–2029 (KILOTON)
                    TABLE 63 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2019–2023 (USD MILLION)
                    TABLE 64 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2024–2029 (USD MILLION)
                    TABLE 65 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2019–2023 (KILOTON)
                    TABLE 66 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2024–2029 (KILOTON)
                    TABLE 67 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                    TABLE 68 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                    TABLE 69 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                    TABLE 70 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.3.2 GERMANY
                    9.3.2.1 Extensive use in flexible packaging sector to drive market
                                TABLE 71 GERMANY: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 72 GERMANY: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 73 GERMANY: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 74 GERMANY: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.3.3 FRANCE
                    9.3.3.1 Government initiatives to drive market
                                TABLE 75 FRANCE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 76 FRANCE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 77 FRANCE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 78 FRANCE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.3.4 SPAIN
                    9.3.4.1 Waste management initiatives and public awareness to propel market
                                TABLE 79 SPAIN: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 80 SPAIN: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 81 SPAIN: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 82 SPAIN: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.3.5 UK
                    9.3.5.1 Growing construction industry to drive market
                                TABLE 83 UK: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 84 UK: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 85 UK: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 86 UK: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.3.6 ITALY
                    9.3.6.1 Food packaging industry to drive market
                                TABLE 87 ITALY: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 88 ITALY: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 89 ITALY: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 90 ITALY: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.3.7 GREECE
                    9.3.7.1 Government initiatives and various campaigns to drive demand
                                TABLE 91 GREECE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 92 GREECE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 93 GREECE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 94 GREECE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.3.8 REST OF EUROPE
                    TABLE 95 REST OF EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                    TABLE 96 REST OF EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                    TABLE 97 REST OF EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                    TABLE 98 REST OF EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
    9.4 ASIA PACIFIC 
           9.4.1 IMPACT OF RECESSION
                    FIGURE 40 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET SNAPSHOT
                    TABLE 99 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2019–2023 (USD MILLION)
                    TABLE 100 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2024–2029 (USD MILLION)
                    TABLE 101 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2019–2023 (KILOTON)
                    TABLE 102 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2024–2029 (KILOTON)
                    TABLE 103 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2019–2023 (USD MILLION)
                    TABLE 104 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2024–2029 (USD MILLION)
                    TABLE 105 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2019–2023 (KILOTON)
                    TABLE 106 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2024–2029 (KILOTON)
                    TABLE 107 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2019–2023 (USD MILLION)
                    TABLE 108 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2024–2029 (USD MILLION)
                    TABLE 109 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2019–2023 (KILOTON)
                    TABLE 110 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2024–2029 (KILOTON)
                    TABLE 111 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                    TABLE 112 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                    TABLE 113 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                    TABLE 114 ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.4.2 CHINA
                    9.4.2.1 China to lead bioplastics & biopolymers market in Asia Pacific
                                TABLE 115 CHINA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 116 CHINA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 117 CHINA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 118 CHINA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.4.3 INDIA
                    9.4.3.1 Increasing demand from automotive industry to drive market
                                TABLE 119 INDIA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 120 INDIA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 121 INDIA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 122 INDIA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.4.4 JAPAN
                    9.4.4.1 Development activities to boost market
                                TABLE 123 JAPAN: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 124 JAPAN: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 125 JAPAN: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 126 JAPAN: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.4.5 SOUTH KOREA
                    9.4.5.1 Government policies to boost market
                                TABLE 127 SOUTH KOREA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 128 SOUTH KOREA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 129 SOUTH KOREA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 130 SOUTH KOREA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.4.6 THAILAND
                    9.4.6.1 Large-scale cassava production to drive market
                                TABLE 131 THAILAND: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 132 THAILAND: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 133 THAILAND: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 134 THAILAND: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.4.7 REST OF ASIA PACIFIC
                    TABLE 135 REST OF ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION)
                    TABLE 136 REST OF ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
                    TABLE 137 REST OF ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON)
                    TABLE 138 REST OF ASIA PACIFIC: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)
    9.5 MIDDLE EAST & AFRICA 
           9.5.1 IMPACT OF RECESSION
                    TABLE 139 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2019–2023 (USD MILLION)
                    TABLE 140 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2024–2029 (USD MILLION)
                    TABLE 141 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2019–2023 (KILOTON)
                    TABLE 142 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2024–2029 (KILOTON)
                    TABLE 143 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE, 2019–2023 (USD MILLION)
                    TABLE 144 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
                    TABLE 145 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE, 2019–2023 (KILOTON)
                    TABLE 146 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE, 2024–2029 (KILOTON)
                    TABLE 147 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL, 2019–2023 (USD MILLION)
                    TABLE 148 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL, 2024–2029 (USD MILLION)
                    TABLE 149 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL, 2019–2023 (KILOTON)
                    TABLE 150 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL, 2024–2029 (KILOTON)
                    TABLE 151 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION)
                    TABLE 152 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
                    TABLE 153 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON)
                    TABLE 154 MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)
           9.5.2 GCC COUNTRIES
                    9.5.2.1 SAUDI ARABIA
                               9.5.2.1.1 Stringent regulations on plastic usage to drive market
                                              TABLE 155 SAUDI ARABIA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                              TABLE 156 SAUDI ARABIA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                              TABLE 157 SAUDI ARABIA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                              TABLE 158 SAUDI ARABIA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
                    9.5.2.2 UAE
                               9.5.2.2.1 Manufacturers to introduce bio-based raw materials
                                              TABLE 159 UAE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                              TABLE 160 UAE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                              TABLE 161 UAE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                              TABLE 162 UAE: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
                    9.5.2.3 Rest of GCC
           9.5.3 SOUTH AFRICA
                    9.5.3.1 Progress in bioplastics research and development to drive market
                                TABLE 163 SOUTH AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 164 SOUTH AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
                                TABLE 165 SOUTH AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 166 SOUTH AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.5.4 REST OF MIDDLE EAST & AFRICA
                    TABLE 167 REST OF MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION)
                    TABLE 168 REST OF MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
                    TABLE 169 REST OF MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON)
                    TABLE 170 REST OF MIDDLE EAST & AFRICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)
    9.6 SOUTH AMERICA 
           9.6.1 IMPACT OF RECESSION
                    TABLE 171 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2019–2023 (USD MILLION)
                    TABLE 172 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2024–2029 (USD MILLION)
                    TABLE 173 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2019–2023 (KILOTON)
                    TABLE 174 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY COUNTRY,  2024–2029 (KILOTON)
                    TABLE 175 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2019–2023 (USD MILLION)
                    TABLE 176 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2024–2029 (USD MILLION)
                    TABLE 177 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2019–2023 (KILOTON)
                    TABLE 178 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE,  2024–2029 (KILOTON)
                    TABLE 179 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2019–2023 (USD MILLION)
                    TABLE 180 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2024–2029 (USD MILLION)
                    TABLE 181 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2019–2023 (KILOTON)
                    TABLE 182 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY RAW MATERIAL,  2024–2029 (KILOTON)
                    TABLE 183 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                    TABLE 184 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                    TABLE 185 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                    TABLE 186 SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.6.2 BRAZIL
                    9.6.2.1 Abundance of raw materials for biopolymers to support market
                                TABLE 187 BRAZIL: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 188 BRAZIL: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 189 BRAZIL: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 190 BRAZIL: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.6.3 ARGENTINA
                    9.6.3.1 Growing construction industry to drive market
                                TABLE 191 ARGENTINA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (USD MILLION)
                                TABLE 192 ARGENTINA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)
                                TABLE 193 ARGENTINA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2019–2023 (KILOTON)
                                TABLE 194 ARGENTINA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY,  2024–2029 (KILOTON)
           9.6.4 REST OF SOUTH AMERICA
                    TABLE 195 REST OF SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION)
                    TABLE 196 REST OF SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
                    TABLE 197 REST OF SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON)
                    TABLE 198 REST OF SOUTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)
 
10 COMPETITIVE LANDSCAPE (Page No. - 235)
     10.1 OVERVIEW 
     10.2 KEY PLAYER STRATEGIES 
             FIGURE 41 OVERVIEW OF STRATEGIES ADOPTED BY BIOPLASTICS AND BIOPOLYMERS PLAYERS
     10.3 REVENUE ANALYSIS 
             FIGURE 42 REVENUE ANALYSIS OF KEY COMPANIES (2020–2022)
     10.4 COMPANY VALUATION AND FINANCIAL METRICS 
             FIGURE 43 FINANCIAL METRICS OF LEADING COMPANIES IN BIOPLASTICS AND BIOPOLYMERS MARKET, 2023
     10.5 MARKET SHARE ANALYSIS 
             FIGURE 44 BIOPLASTICS & BIOPOLYMERS MARKET SHARE, BY COMPANY (2023)
             TABLE 199 BIOPLASTICS & BIOPOLYMERS MARKET: DEGREE OF COMPETITION
             10.5.1 RANKING ANALYSIS OF KEY MARKET PLAYERS, 2023
                        FIGURE 45 RANKING OF TOP FIVE PLAYERS IN BIOPLASTICS & BIOPOLYMERS  MARKET, 2023
                        FIGURE 46 BIOPLASTICS & BIOPOLYMERS MARKET: BRAND/PRODUCT COMPARISON
     10.6 MARKET EVALUATION MATRIX 
             TABLE 200 MARKET EVALUATION MATRIX
     10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 
             10.7.1 STAR PLAYERS
             10.7.2 EMERGING LEADERS
             10.7.3 PERVASIVE PLAYERS
             10.7.4 PARTICIPANTS
                        FIGURE 47 BIOPLASTICS & BIOPOLYMERS MARKET: COMPANY EVALUATION MATRIX, 2023
             10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
                        FIGURE 48 BIOPLASTICS & BIOPOLYMERS MARKET: COMPANY FOOTPRINT (24 COMPANIES)
                        10.7.5.1 Product type footprint
                                      TABLE 201 BIOPLASTICS & BIOPOLYMERS MARKET: PRODUCT TYPE FOOTPRINT (24 COMPANIES)
                        10.7.5.2 Raw material footprint
                                      TABLE 202 BIOPLASTICS & BIOPOLYMERS MARKET: RAW MATERIAL FOOTPRINT (24 COMPANIES)
                        10.7.5.3 End-use industry footprint
                                      TABLE 203 BIOPLASTICS & BIOPOLYMERS MARKET: END-USE INDUSTRY FOOTPRINT (24 COMPANIES)
                        10.7.5.4 Region footprint
                                      TABLE 204 BIOPLASTICS & BIOPOLYMERS MARKET: REGION FOOTPRINT (24 COMPANIES)
     10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 
             10.8.1 PROGRESSIVE COMPANIES
             10.8.2 RESPONSIVE COMPANIES
             10.8.3 STARTING BLOCKS
             10.8.4 DYNAMIC COMPANIES
                        FIGURE 49 BIOPLASTICS & BIOPOLYMERS MARKET: COMPANY EVALUATION MATRIX, 2023
             10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
                        TABLE 205 BIOPLASTICS & BIOPOLYMERS MARKET: DETAILED LIST OF KEY START-UPS/SMES
                        TABLE 206 BIOPLASTICS & BIOPOLYMERS MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS (START-UPS/SMES)
     10.9 COMPETITIVE SITUATION & TRENDS 
             10.9.1 PRODUCT LAUNCHES
                        TABLE 207 BIOPLASTICS & BIOPOLYMERS MARKET: PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2023
             10.9.2 DEALS
                        TABLE 208 BIOPLASTICS & BIOPOLYMERS MARKET: DEALS, JANUARY 2019–DECEMBER 2023
             10.9.3 EXPANSIONS
                        TABLE 209 BIOPLASTICS & BIOPOLYMERS MARKET: EXPANSIONS, 2019–2023
 
11 COMPANY PROFILES (Page No. - 263)
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
     11.1 KEY PLAYERS 
             11.1.1 NATUREWORKS LLC
                        TABLE 210 NATUREWORKS LLC: COMPANY OVERVIEW
                        TABLE 211 NATUREWORKS LLC: PRODUCT OFFERINGS
                        TABLE 212 NATUREWORKS LLC: PRODUCT LAUNCHES
                        TABLE 213 NATUREWORKS LLC: DEALS
                        TABLE 214 NATUREWORKS LLC: EXPANSIONS
             11.1.2 BRASKEM
                        TABLE 215 BRASKEM: COMPANY OVERVIEW
                        FIGURE 50 BRASKEM: COMPANY SNAPSHOT
                        TABLE 216 BRASKEM: PRODUCT OFFERINGS
                        TABLE 217 BRASKEM SE: PRODUCT DEVELOPMENT
                        TABLE 218 BRASKEM SE: DEALS
                        TABLE 219 BRASKEM SE: EXPANSIONS
             11.1.3 BASF SE
                        TABLE 220 BASF SE: COMPANY OVERVIEW
                        FIGURE 51 BASF SE: COMPANY SNAPSHOT
                        TABLE 221 BASF SE: PRODUCT OFFERINGS
                        TABLE 222 BASF SE: PRODUCT LAUNCHES
                        TABLE 223 BASF SE: DEALS
             11.1.4 TOTALENERGIES CORBION
                        TABLE 224 TOTALENERGIES CORBION: COMPANY OVERVIEW
                        TABLE 225 TOTALENERGIES CORBION: PRODUCT OFFERINGS
                        TABLE 226 TOTALENERGIES CORBION: DEALS
                        TABLE 227 TOTALENERGIES CORBION: EXPANSIONS
             11.1.5 VERSALIS S.P.A
                        TABLE 228 VERSALIS S.P.A: COMPANY OVERVIEW
                        FIGURE 52 VERSALIS S.P.A: COMPANY SNAPSHOT
                        TABLE 229 VERSALIS S.P.A: PRODUCT OFFERINGS
                        TABLE 230 VERSALIS S.P.A: PRODUCT LAUNCHES
                        TABLE 231 VERSALIS S.P.A: DEALS
                        TABLE 232 VERSALIS S.P.A: EXPANSIONS
             11.1.6 BIOME BIOPLASTICS LTD
                        TABLE 233 BIOME BIOPLASTICS LTD: COMPANY OVERVIEW
                        TABLE 234 BIOME BIOPLASTICS LTD: PRODUCT OFFERINGS
                        TABLE 235 BIOME BIOPLASTICS LTD: DEALS
                        TABLE 236 BIOME BIOPLASTICS LTD: EXPANSIONS
             11.1.7 MITSUBISHI CHEMICAL GROUP CORPORATION
                        TABLE 237 MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY OVERVIEW
                        FIGURE 53 MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY SNAPSHOT
                        TABLE 238 MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCT OFFERINGS
                        TABLE 239 MITSUBISHI CHEMICAL GROUP CORPORATION: DEALS
             11.1.8 BIOTEC
                        TABLE 240 BIOTEC: COMPANY OVERVIEW
                        TABLE 241 BIOTEC: PRODUCT OFFERINGS
             11.1.9 PLANTIC TECHNOLOGIES
                        TABLE 242 PLANTIC TECHNOLOGIES: COMPANY OVERVIEW
                        TABLE 243 PLANTIC TECHNOLOGIES: PRODUCT OFFERINGS
             11.1.10 TORAY INDUSTRIES
                        TABLE 244 TORAY INDUSTRIES: COMPANY OVERVIEW
                        FIGURE 54 TORAY INDUSTRIES: COMPANY SNAPSHOT
                        TABLE 245 TORAY INDUSTRIES: PRODUCT OFFERINGS
                        TABLE 246 TORAY INDUSTRIES: PRODUCT LAUNCHES
     11.2 OTHER PLAYERS 
             11.2.1 LYONDELLBASEL
                        TABLE 247 LYONDELLBASEL: COMPANY OVERVIEW
             11.2.2 FKUR KUNSTSTOFF GMBH
                        TABLE 248 FKUR KUNSTSTOFF GMBH: COMPANY OVERVIEW
             11.2.3 AVANTIUM
                        TABLE 249 AVANTIUM: COMPANY OVERVIEW
             11.2.4 LOTTE CHEMICAL
                        TABLE 250 LOTTE CHEMICAL: COMPANY OVERVIEW
             11.2.5 GREEN DOT BIOPLASTICS
                        TABLE 251 GREEN DOT BIOPLASTICS: COMPANY OVERVIEW
             11.2.6 SABIC
                        TABLE 252 SABIC: COMPANY OVERVIEW
             11.2.7 CARDIA BIOPLASTICS
                        TABLE 253 CARDIA BIOPLASTICS: COMPANY OVERVIEW
             11.2.8 INEOS STYROLUTION
                        TABLE 254 INEOS STYROLUTION: COMPANY OVERVIEW
             11.2.9 KINGFA SCI. CO. LTD
                        TABLE 255 KINGFA SCI. CO. LTD: COMPANY OVERVIEW
             11.2.10 BIO-ON
                        TABLE 256 BIO-ON.: COMPANY OVERVIEW
             11.2.11 JIN HUI LONG HIGH TECHNOLOGY CO. LTD
                        TABLE 257 JIN HUI LONG HIGH TECHNOLOGY CO. LTD: COMPANY OVERVIEW
             11.2.12 TEKNOR APEX
                        TABLE 258 TEKNOR APEX: COMPANY OVERVIEW
             11.2.13 PARSA POLYMER SHARIF
                        TABLE 259 PARSA POLYMER SHARIF: COMPANY OVERVIEW
             11.2.14 KANEKA CORPORATION
                        TABLE 260 KANEKA CORPORATION: COMPANY OVERVIEW
             11.2.15 ARCTIC BIOMATERIALS
                        TABLE 261 ARCTIC BIOMATERIALS: COMPANY OVERVIEW
 
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
 
12 APPENDIX (Page No. - 311)
     12.1 DISCUSSION GUIDE 
     12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     12.3 AVAILABLE CUSTOMIZATIONS 
     12.4 RELATED REPORTS 
     12.5 AUTHOR DETAILS 

The study involved four major activities to estimate the current market size of Bioplastics & Biopolymers market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Secondary Research

In the secondary research process, various secondary sources such as Factiva, Zauba, Hoovers, and Bloomberg BusinessWeek were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulations from agencies such as European Bioplastics, Biodegradable Plastics Associations, and others.

Primary Research

Extensive primary research has been conducted after acquiring an understanding of the Bioplastics & Biopolymers market scenario through secondary research. Several primary interviews have been conducted with market experts from both the demand- (Bioplastics & Biopolymers manufacturers) and supply-side (end-product manufacturers, buyers, and distributors) players across four major regions, namely, North America, Europe, Asia Pacific, South America, and MEA. Approximately 70% and 30% of primary interviews have been conducted from the demand and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in our report. After interacting with industry experts, brief sessions were conducted with experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report.

Following is the breakdown of primary respondents:

Bioplastics &  Biopolymers Market Size, and Share

Notes: Companies are classified based on their revenue–Tier 1 = >USD 1 billion, Tier 2 = USD 500 million– USD 1 billion, and Tier 3 = < USD 500 million.

Other designations include sales representatives, production heads, and technicians.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of Bioplastics & Biopolymers market. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Global Bioplastics & Biopolymers Market Size: Bottom-Up Approach

Bioplastics &  Biopolymers Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition

Bioplastics and biopolymers refer to a category of materials derived from renewable biological sources, such as plants, algae, or microorganisms, as opposed to traditional plastics, which are derived from petroleum-based sources. These materials are designed to offer similar functionalities and properties to conventional plastics while being environmentally sustainable and biodegradable or compostable under appropriate conditions. Bioplastics and biopolymers play a crucial role in reducing reliance on fossil fuels, mitigating environmental pollution, and promoting circular economy practices by offering alternatives that are derived from renewable resources and have the potential to degrade naturally after use.

Report Objectives

  • To analyze and forecast the Bioplastics & Biopolymers market size, terms of value, and volume.
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To define, describe, and forecast the market by product type, raw material type, by end use, and by region.
  • To forecast the size of the market with respect to five regions, namely, Asia Pacific, Europe, North America, South America, and MEA, along with their countries
  • To strategically analyze micro markets with respect to individual growth trends, future prospects, and their contribution to the overall market
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for the market leaders
  • To analyze competitive developments such as new product launch, merger & acquisition, and investment & expansion in the market
  • To strategically profile the key players and comprehensively analyze their revenue and core competencies.

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.

The following customization options are available for the Bioplastics & Biopolymers market report:

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company

Regional Analysis

  • A further breakdown of the Bioplastics & Biopolymers market, by segments

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization

Instant Answers with GPT - Ask Now!

Ask real questions. Get complete answers !
Report Code
CH 2325
Published ON
Apr, 2024
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Bioplastics & Biopolymers Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback