The report provides a transparent image of this Bioplastic Market situation and therefore the expected way forward for the trade. The report focuses on the premise of market drivers, restraints, growth, trends, and forecast for the period of 2018-2025. Additionally, the report conjointly maps the market performance by price chain analysis which can facilitate in higher product differentiation beside the analysis of every phase in terms of size, share, market attractiveness index and rate of growth.
Bioplastic is an organic material in which all carbons are derived from renewable resources via biological processes. This material contains both renewable and fossil-fuel-based carbons. The biodegradation of bioplastic may vary widely depending upon the proportion of bio-based ingredients and the conditions (temperature and environment). Hence, it may or may not be biodegradable. Some, but not all, bio-based plastic are designed to biodegrade.
Bioplastic are made from various renewable biomass sources such as vegetable fats and oils, cornstarch, pea starch, microbiota, potatoes, rice, tapioca, palm fiber, wood cellulose, agricultural byproducts, wheat fiber and bagasse. In short, it can be composed from starches, cellulose, biopolymers, and a variety of other materials.
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Bioplastic market is segmented based on types such as starch-based plastics, cellulose-based plastics, some aliphatic polyesters, polyhydroxyalkanoates (PHA), polyamide 11 (PA 11), bio-derived polyethylene, and genetically modified bioplastic. Bioplastic have wide applications in disposable and non-disposable items. Disposable items include packaging, crockery, cutlery, pots, bowls, straws, bags, trays, fruit and vegetable containers, blister foils, egg cartons, bottling for soft drinks & dairy products. Non-disposable applications include mobile phone casings, carpet fibres, insulation car interiors, fuel lines, and plastic piping.
Geographically, North America and Europe are the major market for bioplastic in terms of volume and value. Asia Pacific, Latin America and Middle East & Africa are the fastest growing market for this material. Arkema Group, Novamont S.p.A., Metabolix Inc., DSM, Braskem, etc. are few leading companies in the bioplastic business.
Major Table of Contents:
2. Executive Summary
3. Market Analysis of Bioplastic
4. Bioplastic Market Analysis by Types
5. Bioplastic Market Analysis by Applications
6. Bioplastic Market Analysis by Region
7. Competitive Landscape Of Bioplastic Companies
8. Company Profiles Of Bioplastic Industry
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