Bioplastics Market Size, Segment | Value Share, Leading Players and Forecast to 2027

Bioplastics Market Highlights:

Globally, the market for Bioplastic market is increasing due to various industries such as packaging, consumer goods, automotive industry and others. The growing segment is packaging due to Government’s drive towards achieving a ‘zero waste’ economy, through reducing waste and increasing recycling, has fostered an increased consciousness of resource efficiency. This awareness has indirectly promoted the use of bioplastic products.

As per analysis, emerging economies like China, U.S and are increasing productions with rise in use of Bioplastic. APAC has seen as key market player in economy followed by North America, Europe and Row.

Key Player

The key players of Bioplastic market report BASF SE, Braskem S.A., Corbion NV, Metabolix Inc., Bio-On S.P.A., Novamont S.P.A, Toray Industries, Plantic Technologies Ltd, Natureworks LLC, Evonik Industries, and Arkema.

The scope of the study categorizes the Bioplastic market as type, and application.

By Type

Bio-PE

Bio-PET

Regenerated Cellulose

Poly Hydroxyalkonoates

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By Source

Sugar

Grains

Beets

Cane

Others

By Application

Packaging

Automotive

Consumer Goods

Agriculture

Others

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