Bioplastics are plastics in which all carbon is derived from renewable feedstocks. They may or may not be biodegradable. Biobased plastics contain both renewable and fossil-fuel-based carbon. The percentage of biobased ingredients and the conditions under which the biobased product may biodegrade, if at all, vary widely. Products on the market are made from a variety of natural feedstocks including corn, potatoes, rice, tapioca, palm fiber, wood cellulose, wheat fiber and bagasse. Products are available for a wide range of applications such as cups, bottles, cutlery, plates, bags, bedding, furnishings, carpets, film, textiles and packaging materials.
Bioplastic packaging materials are derived from bio-based resins such as poly lactic acid (PLA), bio-PET, bio-PP, PHA. Aforementioned resins provide properties such as tensile strength and enhanced impact resistance which increase their application in food & beverages, kitchen utensils and electronics industries over the forecast period.
Europe is expected to be one of the largest markets for bioplastic packaging over the forecast period on account of stringent regulations against consumption of non-recyclable plastics along with gaining popularity of sustainable packaging in manufacturing industry. Supportive government policies in Europe that includes Europe 2020 strategy which supports bio-economy encourage public authorities to give preference towards procurement of bio based products and allowing member states to reduce taxes for bio based products.
The global Bio-Plastic Packaging market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Bio-Plastic Packaging volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bio-Plastic Packaging market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Arkema
Dupont
NatureWorks
Heritage Pioneer Corporate Group
Novamont
Metabolix
Reverdia
Solvay
Bioamber
Corbion
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Poly Lactic Acid (PLA)
Bio-PET
Bio-PP
PHA
Segment by Application
Food & Beverages
Kitchen Utensils
Electronics Industries
Other Industry
Summary:
Get latest Market Research Reports on Bio-Plastic Packaging . Industry analysis & Market Report on Bio-Plastic Packaging is a syndicated market report, published as Global Bio-Plastic Packaging Market Research Report 2019. It is complete Research Study and Industry Analysis of Bio-Plastic Packaging market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.