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2016-2024
Global Biopolymers Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024
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Executive Summary
Sample Request Global Biopolymers Market Share (%), By Region-2016-2024
Global Biopolymers Market Size USD (Billion). 2016-2024
XX%
CAGR: (2016-2024)
2016e
2017e
2018f
2019f
2020f
2021f
2022f
2023f
North America
2024f
Europe
Asia Pacific
Latin America
Middle East & Africa
Source: Goldstein Research
Source: Goldstein Research
In 2016,
8.00% 30.00 12.00 % % 2024 23.00 % 27.00 %
8.00 10.0 % 27.0 0% 0% 20.0 2016 0% 35.0 0%
Bio-PET accounted for the highest market share XX% in
With
Global Biopolymers Market
Global Biopolymers Market Share (%), By Product Type-2016
10.00%
Bio-PET 35.00%
Bio-PE
15.00%
Biodegradable Polysters
Biopolymers Market
Global Biopolymers Market Share (%), By Application Type-2016
XX% XX%
Global Biopolymers Market Share (%), By End Users-2016
Packaging
XX% XX%
Bottles Fibers
XX%
Poly Lactic Acid
40.00%
XX% share in 2016, Europe region dominated the Global
Agriculture seed Coatings
XX%
Autompotive Interior Parts Autom otive Food & B everage
Medical Implants
B io-med ical Agri culture Elec trical & Elec troni cs Aero spac e
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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. 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.
e l p
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.
m a S
Government regulations
Expected Production of Biopolymers (Million Tonnes), 2024 North America
2020 2024 Copyright
Europe
XXXX Million Tonnes
XXXX Million Tonnes
XXXX Million Tonnes
XXXX Million Tonnes
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Lesser Toxicity
Global Biopolymers Market Size (USD Billion) & Growth Analysis Global Biopolymers Market Size (USD Billion)-2016-2024
Global Biopolymers Y-O-Y Growth (%) Analysis-2016-2024 XX
XX
XX%
XX
XX
XX%
XX
XX
e l p
XX%
XX
XX% XX% XX% XX% XX% XX% XX% XX% XX% XX%
XX
XX
XX%
XX
XX XX
XX
XX
XX XX
XX%
m a S
XX%
XX
XX
XX%
XX% XX%
XX
XX%
2016e
XX
2016e
2017e
2018f
Source: Goldstein Research
2019f
2020f
2021f
2022f
2023f
2024f
2017e
2018f
2019f
2020f
2021f
2022f
2023f
Source: Goldstein Research
 Global Biopolymers industry size 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. 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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2024f
Global Biopolymers Market Overview, By Region and End Users-2016 Global Biopolymers Market Share (%), By Region, 2016
XX%
North America XX%
XX% Europe
m a S Asia Pacific
Latin America
XX%
Source: Goldstein Research
e l p XX%
XX%
XX%
Global Biopolymers Market Share (%) , By End Users, 2016
Middle East & Africa
XX%
Agriculture XX% Electrical and Electronics
Automotive
XX%
XX%
Building and Construction
Packaging
Other
Source: Goldstein Research
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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Market Dynamics
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Growth Drivers
Limited Availability of Petroleum Resources
Growth Barriers
m a S Changing Political Conditions and Environmental Regulations
e l p High Cost
Lower Mechanical and Vapor Barrier Properties
General Trend
Highly Complex
Moderately Complex
Waived
Environmental Regulations Copyright
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Growth Drivers
Sample Request Fig: 5-1 Global Production Capacities of Bio-plastics (Thousand Tonnes), 2016-2024
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.
XX
m a S
XX XX
e l p XX
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).
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XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2018
2019
2020
2021
2022
2023
2024
XX
XX
XX
XX
XX
2016
2017
XX XX
Source: Goldstein Research
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
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Biodegradable
XX
XX
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.
Bio-Based/Non-Biodegradable
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 bio-plastics to reach XX million tonnes.
High
Medium
Low
Impact on Biopolymers Market www.goldsteinresearch.com
Global Biopolymers Market Share(%) - By Product Type,2016-2024 Key Findings
Global Biopolymers Market Share, By Product Type, 2016-2024
14.29%
Bio-PET
XX%
XX%
Bio-PE
2024
2016
XX%
Poly Lactic Acid
XX%
28.57%
e l p 13.33%
43.81%
Biodegradable Polysters
m a S
Source: Goldstein Research
Global Global Biopolymers Biopolymers Market Market Size Size (USD (USD Billion), Billion), By By Product Product Type-2016-2024 Type-2016-2024 XX
XX
XX
XX
XX
XX
XX
2016 Poly Lactic Acid
Bio PE
Source: Goldstein Research
Copyright
XX
2024
Bio PET
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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 Global Biopolymers Market Y-O-Y Global Biopolymers Market Y-O-Y Growth, Growth, By By Communication Communication Type, Type, 20162016source of revenues globally. 2024 2024
2016e
2017e
2018f
2019f
Biodegradable Polysters
2020f Y-o-Y
Source: Goldstein Research
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2021f
2022f
2023f
2024f
Global Biopolymers Market, 2016-2024 Global Biopolymers Market Size (USD Billion)-2016-2024
Global Biopolymers Market Y-O-Y Growth (%) Analysis-2016-2024 XX%
XX XX
XX
XX
XX% XX% XX% XX% XX% XX% XX% XX% XX%
XX
XX%
XX
XX%
XX XX
XX
XX
e l p
XX%
XX XX
XX% XX%
XX
XX
XX
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XX%
XX
m a S
XX% XX%
XX
XX%
XX
XX%
2016
XX
2016
2017
2018
Source: Goldstein Research
2019
2020
2021
2022
2023
2024
Global biopolymers market was USD XX billion in 2016, expected to
2017
2018
2019
2020
Global Biopolymers Market Trends
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.
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2022
Source: Goldstein Research
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.
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2021
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2023
2024
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