Market Size – USD 8,231.8 Million in 2019, Market Growth – CAGR of 14.9%, Market Trends –Surging demand for bioplastics in additive manufacturing
The global bioplastics market is projected to be worth USD 25.27 Billion by 2027, according to a current analysis by Emergen Research. The bioplastics market is experiencing rapid growth attributed to its increasing demand in end-use applications, such as packaging, textile, automotive & transportation, consumer goods, agriculture, and building & construction. Besides, supportive government initiatives and offering subsidies to promote the growth of bioplastics are driving the market’s growth. In 2018, the Japanese Ministry of Environment made an announcement for the inclusion of USD 45.0 million/JPY 5.0 Billion in the FY2019 budget for developing products manufactured from bio-plastics and provide subsidies to firms that make paper substitutes to plastic.
Request a sample copy of the report @ https://www.emergenresearch.com/request-sample/169
Key Highlights From The Report
Emergen Research has segmented the global bioplastics market on the basis of type, distribution channel, application, and region:
Regional Bifurcation:
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/169
Focal Points of the Global Bioplastics Market Report:
Table of Content
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Bioplastics Market Segmentation & Impact Analysis 4.1. Bioplastics Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Increasing demand for bioplastics in the packaging sector 4.2.2.2. Growing awareness about eco-safety 4.2.2.3. Surging demand for bioplastics in additive manufacturing 4.2.2.4. Growing emphasis on sustainability 4.2.2.5. Supportive government initiatives and regulations 4.2.3. Market restraints analysis 4.2.3.1. Cost-prohibitive than conventional plastic 4.2.3.2. Availability of substitutes 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
Chapter 5. Bioplastics Market By Type Insights & Trends, Revenue (USD Million) 5.1. Type Dynamics & Market Share, 2019 & 2027 5.1.1. Biodegradable 5.1.1.1. Polybutylene Adipate Terephthalate (PBAT) 5.1.1.2. Polybutylene Succinate (PBS) 5.1.1.3. Polylactic Acid (PLA) 5.1.1.4. Polyhydroxyalkanoate (PHA) 5.1.1.5. Starch Blends 5.1.1.6. Others 5.1.2. Non-Biodegradable 5.1.2.1. Polyethylene (PE) 5.1.2.2. Polyamide (PA) 5.1.2.3. Polyethylene Terephthalate (PET) 5.1.2.4. Polytrimethylene Terephthalate (PTT) 5.1.2.5. Polypropylene (PP) 5.1.2.6. Others
Chapter 6. Bioplastics Market By Distribution Channel Insights & Trends Revenue (USD Million) 6.1. Distribution Channel Dynamics & Market Share, 2019 & 2027 6.1.1. Online 6.1.2. Offline
CONTINUED…!!
Gain access to the full report by clicking here on the link @ https://www.emergenresearch.com/industry-report/bioplastics-market
Thank you for reading our report. To know more about the report, please connect with us, and our team will ensure the report is customized to meet your requirements.
Media ContactCompany Name: Emergen ResearchContact Person: Eric LeeEmail: Send EmailPhone: +1 (604) 757-9756Address:14671 110 Avenue Surrey, British Columbia, V3R2A9City: SurreyState: British ColumbiaCountry: CanadaWebsite: https://www.emergenresearch.com/industry-report/bioplastics-market