Global Biopolymers Market Trends & Industry forecast 2016-2024 by Goldstein Market Intelligence

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2016-2024

Global Biopolymers Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 Download Full Sample Report

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1. Executive Summary Fig: 1-2 Global Biopolymers Market Share (%), By Region-2016-2024

Fig: 1-1 Global Biopolymers Market Size USD (Billion). 2016-2024

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XX%

CAGR: (2016-2024)

XX% XX%

XX%

2024

2016 XX%

XX% XX%

XX% 2016e

2017e

2018f

2019f

2020f

2021f

2022f

2023f

2024f

North America Source: Goldstein Europe Research Asia Pacific

Source: Goldstein Research

In 2016,

Bio-PET accounted for the highest market share XX% in

With

Global Biopolymers Market

Fig: 1-3 Global Biopolymers Market Share (%), By Product Type-2016

XX% share in 2016, Europe region dominated the Global

Fig: 1-4 Global Biopolymers Market Share (%), By Application Type-2016

Fig: 1-5 Global Biopolymers Market Share (%), By End Users-2016 Automotive

Packaging XX% XX% XX%

XX%

Bio-PE XX%

Bottles

XX%

XX%XX% Food & Beverage

XX%

Bio-medical

Fibers XX%

XX%

Source: Goldstein Research

Agriculture

Agriculture seed Coatings

Poly Lactic Acid

Biodegradable Polysters

Middle East & Africa

Biopolymers Market

Bio-PET XX%

Latin America

XX%

Autompotive Interior Parts

Aerospace

Medical Implants

Source: Goldstein Research

Electrical & Electronics

Source: Goldstein Research

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Key Findings  The global bioplastics & biopolymers market was estimated at USD XX billion in 2016 and is projected to reach USD XX billion by the end of 2024, and is projected to witness a CAGR of XX% during the forecast period. Increasing demand for bio-PE, bio-PET, and PLA is driving the product market of biopolymers to grow rapidly. Packaging industry is the prime application areas for biopolymers with maximum market share of XX % in total biopolymers market, in 2016 more than XX million tonnes of biopolymer material is used in the packaging industry.

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 More than 25 major companies produce more than XX million tons/year of biopolymers based materials across the globe. The capacity is planned to reach around XX million t/a by 2024. The overall food & beverage business in 2015 was roughly around USD XX trillion and reached approximately USD XX trillion in 2016 – a trend driven by, among other things, a growing middle class population with increased consumer spending power in Asia Pacific and Latin America, which likely to propel the growth of biopolymers demand in food and beverage industry amidst rising environmental concerns.  The global market size for agricultural applications is likely to observe gains more than XX% CAGR by 2024. These films are generally used for mulching, irrigation purposes and greenhouse components. In addition, these films in the recent years are used as a synthetic plastic and glass substitute in agriculture applications in order to reduce adverse environmental impacts. In addition, these are also used for cultivation of soft fruits and vegetables.

Rising Environmental Concerns

Waste Generation

 Currently, Nature Works LLC, USA, is the major supplier of PLA sold under the brand name Ingeo, with a production capacity of XX million ton/year. There are other manufactures of PLA based in the USA, Europe, China, and Japan developing various grades of PLA suitable for different industrial sectors such as automobile, electronics, medical devices, and commodity applications. PLA is majorly used in packaging industry which accounted for the USD XX billion in the packaging application of biopolymers.

Government regulations

Expected Production of Biopolymers (Million Tonnes), 2024

North America

Europe

2014

XXXX Million Tonnes

2016

XXXX Million Tonnes

Lesser Toxicity

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4. Global Biopolymers Market Size (USD Billion) & Growth Analysis Fig:- 4-1 Global Biopolymers Market Size (USD Billion)-2016-2024 XX

Fig:- 4-2 Global Biopolymers Y-O-Y Growth (%) Analysis-2016-2024 XX%

XX XX% XX

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XX%

XX XX%

XX%

XX% XX%

XX XX

XX%

XX% XX%

XX%

XX XX

XX%

XX XX% XX XX% XX

2016e

2017e

2018f

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2020f

2021f

Source: Goldstein Research

2022f

2023f

2024f

2016e

2017e

2018f

2019f

2020f

2021f

2022f

2023f

2024f

Source: Goldstein Research

ď&#x201A;§ Global Biopolymer market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. The industry should begin to benefit indirectly from a number of laws that promote increased environmental responsibility. In this respect, one of the more important drivers for the shift towards biopolymers is likely to be the introduction of the EU landfill directive in the UK. ď&#x201A;§Global waste production also led to the higher adoption of biopolymers across the globe. Households across the globe produce around XX million tonnes of municipal solid waste (MSW) per year with waste growing at around XX% to XX% per year. Around XX% (XX million tonnes) of the household waste around the world is buried at landfill sites each year. Only XX% is recycled or composted. Around X% of the waste is burnt in incinerators.

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4.1. Global Biopolymers Market Overview, By Region and End Users-2016 Fig:- 4-3 Global Biopolymers Market Share (%), By Region, 2016

XX%

Fig:- 4-4 Global Biopolymers Market Share (%) , By End Users, 2016

North America

AgricultureFull Sample Download Report

XX% XX% XX%

XX%

Electrical and Electronics

Europe Automotive

Asia Pacific

XX%

Latin America

Building and Construction

Packaging XX% Other

XX% Middle East & Africa

Source: Goldstein Research

 Europe is expected to remain the largest market with valuation of USD XX billion by 2024 with the CAGR of XX% over the forecast year due to increasing regulations and majority presence of telematics OEMs and service providers in this region.  Manufacturing capacities have grow significantly in recent years due to rapidly increasing market demand. As of 2016, the worldwide capacity for biodegradable polymer materials adds up to XX million tonnes. Based on the data of different raw material suppliers capacities are expected to reach approximately XX million tonnes by 2024. Suppliers, converters, and users around the globe are making huge investments in biopolymers, which will impact every facet of the packaging industry. As a result, the biopolymer market will increase XX% per year during the next five years Copyright

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5.1. Growth Drivers Environmental Regulations and Awareness Towards Ecological Problems

 In response to greater environmental awareness amongst consumers generally, no doubt increasingly driven by heightened perceptions of global warming, many companies are adopting strategies to reduce their carbon footprint. Amongst these Wal-Mart's plans to 'go green' could conceivably have the greatest and most far-reaching impact on numerous markets, including packaging in general and hence plastics.

 In the Europe, the leading grocery retailers are also progressing towards new policies regarding packaging and waste. They have formed a group, Waste & Resources Action Programme (WRAP) that sets out to reduce the amount of packaging and waste from supermarkets.  The concept of biopolymers was introduced in the Western European countries over two decades ago; hence, the biopolymers market in the region is relatively mature. Furthermore, the legal framework and strategy of governments of Western European countries to provide many subsidies for the use of biopolymers will impel this market’s growth in the region.

GlaxoSmithKline announced to invest more than USD 350 million at three of its U.K. sites to boost production of new respiratory therapies and biologic medicines. GSK, will expand in Barnard Castle in County Durham, England; Montrose in Angus, Scotland; and Ware in Hertfordshire, England BASF and Avantium are advancing their efforts to develop the novel polymer polyethylene furanoate (PEF). The partners have formed a joint venture, Synvina, to build a plant at BASF’s complex in Antwerp, Belgium, for furandicarboxylic acid (FDCA), a biobased chemical used to make PEF. The EU-funded PolyBioSkin project commenced work on the development of biopolymers for high-demand skin-contact applications. At the end of June 2017, the project consortium, comprising of 12 partners, including European Bioplastics (EUBP). High

Download Full Sample Report Fig: 5-1 Global Production Capacities of Bioplastics (Thousand Tonnes), 2016-2024

Bio-Based/NonBiodegradable

XX XX XX XX

XX Biodegradable

XX XX XX

XX 2016 2017 2018 2019 2020 2021 2022 2023 2024

Source: Goldstein Research

Impact Analysis: The commercialization of bio-plastics production is imperative if the industry is to achieve economies of scale and production efficiencies, which can be translated into lower cost bio-plastic products for consumers and businesses.  Given the right conditions, in particular a proper legislative and commercial framework that would enable the development of bio-plastics sector, the industry expects global production of bioplastics to reach XX million tonnes.

Medium

Low

Impact on Biopolymers Market Copyright

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5.2. Market Restraints High Cost of Biopolymers and Lack of Awareness

Fig: 5-3 Treatment of Plastic Waste Globally

 High cost of productions and limited availability of land to produce raw material for biopolymers are the major challenges faced by the biopolymer industry. First-generation feedstock, like corn in the U.S. and sugar cane in other regions, is established in terms of infrastructure necessary to grow, collect and process. Next-generation feedstocks in certain cases do not have the supply and demand in place to support necessary infrastructure and therefore do not have consistent cost-effectiveness to make an impact in the market place.

Download Full Sample Report Recycling

XX% XX% Disposal

 While bioplastics are still a fraction of traditional natural gas or petroleum derived plastics, the marketplace is growing and bioplastics are an option for brands around the world. Bioplastics based on second and third generation feedsources are still in the developmental stage.

Energy Recovery

 Infrastructure for bioplastics is improving, but it is linked to what comes first and the need to build quantity and demand for the material. “In certain regions of the world and individual states, progress on end-of-life (EOL) management is being made due to government mandates to curtail landfill disposal.

XX%

Source: Goldstein Research

Fig: 5-3 Plastic Waste Generation by End Users (Million Tonnes), 2016

Automotive

XX XX

Packaging

XX Million Tonnes XX

Electronics and Electric XX

Impact Analysis: Goldstein Research has noted that costs are a major factor in developing bioplastics, particularly when petroleum-based sources are comparatively less expensive. The current pricing model and dynamics affect a wide range of issues, from research and development, to capital investment, to the difference in price in the end products. Economies of scale and a lack of time to amortize capital expenditures also work against the bioplastics industry.  Brand owners will be reluctant to adopt compostable bioplastics unless downstream infrastructure is in place; and not in selected cities or states, but nationwide

Other High

Source: Goldstein Research

Medium

Low

Impact on Biopolymers Market www.goldsteinresearch.com

5.3. Global Biopolymers Market Opportunity, 2016-2024 Fig: 5-4 12 Telematics Trends and Technologies

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While biopolymers currently represent XX percent of the total plastics marketplace, it can continue to grow if a number of factors align in and out of the industry to spur the materials’ diversification, usage and EOL management.

 Bioplastics are a growing, innovative industry that offers solutions for a sustainable plastics economy and that plays a key role in the transformation to a bio-based circular economy. Yet, despite these advantages, the data shows that the overall growth of the global bioplastics industry is currently being slowed down by the low oil prices and a lack of political support for the biobased economy.

Global Market Opportunities

 As per Goldstein estimates, XX-XX% of the food products produced globally are wasted due to deficient infrastructure and lack of food processing capabilities. Biodegradable Plastics find applications in packaging which protects the longevity and quality of food. This sector also offers significant potential for growth leading to increase in demand for Bio plastics and biopolymers.

Source: Goldstein Research

Fig: 5-5 Global Plastic consumption (Million Tonnes), 2016-2024

XX Million Tonnes 2016

XX Million Tonnes 2024

A number of issues are pushing bioplastics’ usage, most notably large brand owners moving to advance sustainability and green packaging initiatives. Leadership from brand owners will continue to be a major indicator for the future growth of bioplastics—look no further than Coca-Cola’s PlantBottle to see how the actions of one company can profoundly change the landscape for the material.

Source: Primary

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6.1. Global Biopolymers Market Share(%) - By Product Type,2016-2024

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Fig: 6-1 Global Biopolymers Market Share, By Product Type, 2016-2024

Bio-PET

XX% XX%

Bio-PE

2024

2016 XX% Poly Lactic Acid

XX%

Biodegradable Polysters

Source: Goldstein Research

Fig: 6-2 Global Biopolymers Market Size (USD Billion), By Product Type2016-2024

Bio-based, non-biodegradable plastics, such as polyurethanes (PUR) and drop-in solutions, such as bio-based PE and bio-based PET, are the main drivers of this growth, with PUR making up around XX% and PET over XX% of the global bioplastics production capacities. More than XX % of the biopolymers production capacity worldwide in 2016 was bio-based, durable plastics. This share will increase to almost XX% in 2024.  Production capacities of biodegradable plastics, such as PLA, PHA, and starch blends, are also growing steadily from around XX million tonnes in 2016 to almost XX million tonnes in 2024. PHA production will almost quadruple by 2024 compared to 2016, due to a ramp-up of capacities in Asia and the USA and the start-up of the first PHA plant in Europe. In the near future, biobased commodity plastics, with a total of around 1 million tonnes, will make up the majority of production capacity in 2015. Biodegradable materials are slated for substantial growth and are forecast to reach about 700,000 tonnes a that time. hardware revenues are expected to remain the single largest Fig: 6-3 Global Biopolymers Market Y-O-Y Growth, By Communication source of revenues globally. Type, 2016-2024

XX XX

2016 Poly Lactic Acid

Bio PET

2024 Bio PE

2016e

2017e

2018f

2019f

Biodegradable Polysters

Source: Goldstein Research

2020f

2021f

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Y-o-Y

Source: Goldstein Research

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6.1.1. Global Biopolymers Market, 2016-2024 Fig:- 6-4 Global Biopolymers Market Size (USD Billion)-2016-2024

Fig:- 6-5 Global Biopolymers Market Y-O-Y Growth (%) Analysis-2016-2024 XX%

XX%

XX XX

XX%

XX XX

XX%

XX XX

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XX%

XX% XX%

XX%

XX% XX%

XX XX% XX XX%

2016

2017

2018

Source: Goldstein Research

2019

2020

2021

2022

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 Global Biopolymers Market was USD XX billion in 2016, expected

2017

2018

2019

2020

2021

2022

2023

2024

Source: Goldstein Research Fig:- 6-6 Global Biopolymers Market Trends

to attain the growth rate of XX% over the forecast period and reach USD XX Billion by 2024. The selected leading manufacturers, which account for XX% of the total Biopolymers market, achieved a growth rate of XX% in 2016. With a view to regional capacity development, Asia will further expand its role as major production hub. In 2021, more than XX percent of biopolymers will be produced in Asia. Around a quarter of the global biopolymer production capacity will be located in Europe. Source: Goldstein Research Copyright

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6.3. Global Biopolymers Market Attractiveness and BPS Analysis by Product Type, 2016-2024 Fig: 6-7 Global Biopolymers Market Attractiveness-By Product, 2016-2024

Fig: 6-8 Global Biopolymers Market BPS Analysis- By Product, 2016-2024

XX% 100%

DownloadXX%Full Sample Report

XX%

90%

XX%

80% XX%

70%

XX% 60% XX%

XX%

50% 40%

XX% 30%

XX%

20%

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10% 0%

XX% XX

Biodegradable Polyesters

Poly Lactic Acid

Source: Goldstein Research

Bio PET

2016

BIO-PE

Poly Lactic Acid

2024

Bio-PET

BIO-PE

Biodegradable Polysters

Source: Goldstein Research

ď&#x192;&#x2DC;The study forecasts that biopolymer production capacity will increase to XX million tonnes in 2016, up from around XX million tonnes in 2015. Production in the first half of 2017 was already past XX million tonnes, with the XX million-tonne mark to be passed before year end. ď&#x192;&#x2DC;According to Goldstein Research forecasts packaging remains the largest fields of application for bioplastics with almost XX% (XX million tonnes) of the total biopolymers market in 2016. The data also confirms a decisive increase in the uptake of biopolymers materials in many other sectors, including consumer goods (XX percent, XX million tonnes) and applications in the automotive and transport sector (XX percent, XX million tonnes) and the construction and building sector (XX percent, XX million tonnes), where technical performance polymers are being used. Copyright

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6.4. Global Biopolymers Market Share (%), 2016 & Market Size (USD Billion), By Region,2015 & 2016 Fig: 6-10 Global Biopolymers Market Size (USD Billion) - By Region, 20152016

Fig: 6-9 Global Biopolymers Market Share (%) - By Region, 2016

Download Full Sample Report XX

XX XX% XX

XX%

XX XX

2015 XX%

2016

XX XX XX

XX XX

XX% XX XX

XX XX

North America

Latin America

Europe

Asia-Pacific

Source: Goldstein Research

Middle East & Africa

APAC

North America

Europe

Latin America

Middle East & Africa

Source: Goldstein Research

 Currently, world biopolymers production is heavily concentrated in the developed countries of North America, Western Europe and Japan. This will change dramatically by 2024 when Asia Pacific will become the world’s leading producer of biopolymers. Furthermore, China has opened over 100,000 metric tons of new bioplastics capacity in 2014, making that country a major player in the global industry. Under the umbrella of “Europe 2020”, several strategies have been developed by the EU that play a pivotal role establishing bipolymers as significant driver for more sustainable economic development. The EU Commission determined bio-based products to be of high societal and economic interest and identified biopolymers as a main driver Copyright

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7.1.1. U.S. Biopolymers Market Size (USD Billion) & Y-O-Y growth (%), 2016-2024 Fig: 7-7 U.S. Biopolymers Market Size (USD Billion). 2016-2024

Fig: 7-8 U.S Biopolymers Market Y-O-Y Growth Rate, 2016-2024 XX

XX% XX

CAGR: (2016-2024)

XX%

XX XX

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XX XX XX

2016e

2017e

2018f

2019f

2020f

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Source: Goldstein Research

2022f

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2024f

2016e

2017e

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Source: Goldstein Research

2019f

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Y-o-Y

 Most investment in new biobased polymer capacities is estimated to happen in Asia and South America because of better access to feedstock. Europe’s share in biopolymers will decrease from XX to XX% and North America’s share from XX to XX%, whereas in Asia it will increase from XX to XX% and in South America’s from XX to XX%. This means that United States region will see an decrease in market share over the forecast period. Compostable/biodegradable plastics form a large part of the biopolymers market. Compostable plastics will still grow in use, primarily in the single use disposable food service ware and agricultural film markets. The key products in this sector are PLA, starch blends, PHA’s, polybutylene succinate and Ecoflex.

In the United States, at both Federal and State level, numerous programs have been set up to stimulate the construction of new plants (producing bio-based products) and/or new biorefineries. Biorefinery Assistance Program includes funding for grants for demonstration scale plants up to 30% of costs, and loan guarantees for commercial scale plants (up to USD 250 million per plant). Copyright

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7.2. North America Biopolymers Market Attractiveness and BPS Analysis - By Country, 2016-2024 Fig: 7-5 North America Biopolymers Market Attractiveness-By Country, 2016-2024

Fig: 7-6 North America Biopolymers Market BPS Analysis- By Country, 20162024 XX%

XX%

XX% XX%

XX%

DownloadXX%Full Sample Report

XX% XX%

XX%

XX% XX%

XX% XX% XX%

XX%

Source: Goldstein Research

Canada

2016

2024

Canada

Source: Goldstein Research



In 2016, the United States generated approximately XX million tonnes of waste (before recycling) – or approximately XX pounds per person each day. Of this municipal waste, plastics currently account for approximately XX percent, with plastic containers and packaging being the chief source, accounting for more than XX million tonnes in 2016 (or about XX percent) of the total waste generated that year. Recovery of packaging materials is often difficult due to lack of collection and processing infrastructure, resulting in growth of biodegradable plastics or biopolymers.



Currently, biopolymers represent about XX % of the about XX million tonnes of plastic produced annually in North America. But as demand is rising and with more sophisticated materials, applications, and products emerging, the market is already growing by about XX to XX per cent per year. According to the latest market data, North America production capacity of biopolymers is predicted to grow by XX percent in the medium term, from around XX million tonnes in 2016 to approximately XX million tonnes in 2024. All Rights Reserved, Goldstein Research

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BASF (Revenue & Financial Analysis)

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BASF SE.- Revenue (USD Billion), 2014-2016 XX XX



BASF group divested it’s gas trading and storage business in 2015, as a result special items sale declined by 6% in 2016 compared to 2015.



Revenue in Asia-Pacific segment increased USD XX Million in FY 2016, due to increased sales volumes in chemical business.



Nutrition and health segment of company comprises of 13% business across the globe, valued USD XX billion in 2016 with slight change of-3percent.



Demand grew in animal nutrition business. Sales overall were high compared to 2015 as a result of significant price increases foe vitamins in animal nutrition business

Revenue (USD Billion)

2014

2015

2016

Source: Annual Report

Nutrition and Health Segment Revenue (USD Billion), 2014-2016

Nutrition and Health Sales (%)-By Geography, 2016

Europe

XX%

North America

XX% XX%

Asia Pacific

XX% 2014

2015

Source: Annual Report

2016

SouthAmerica, MEA

Source: Annual Report

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