Press release
Bioplastics & Biopolymers MarketGrowth Analysis, Size, Opportunities, Top Companies, Trends, Key Segments, Regional Analysis, and Forecast to 2029
The bioplastics and biopolymers market is rapidly expanding due to growing environmental concerns and regulations favoring sustainable materials. These bio-based alternatives to traditional plastics offer biodegradability, reduced carbon footprint, and versatile applications across industries, driving market growth and innovation globally.
The global Bioplastics & Biopolymers market [https://www.marketsandmarkets.com/Market-Reports/biopolymers-bioplastics-market-88795240.html] size is anticipated to expand from USD 15.3 Billion in 2024 to USD 45.2 Billion by 2029, with a CAGR of 24.2% during 2024-2029. Key drivers include increased bioplastics usage in packaging, stringent waste management regulations in Europe, government emphasis on green procurement policies, prioritization of bio-based content, and consumer preference for eco-friendly plastic products.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=88795240
Bioplastics & Biopolymers Companies
Leading companies in the bioplastics & biopolymers market include NatureWorks LLC, Braskem, BASF SE, Total Energies Corbion, Versalis S.P.A, Biome Bioplastics Limited, Mitsubishi Chemical Group Corporation, Biotec Biologische Naturverpackungen GmbH & Co., Plantic Technologies Limited, and Toray Industries, Inc. These players have pursued growth strategies such as acquisitions, mergers, investments, and expansions over the past five years to enhance competitiveness and expand their customer base globally.
Europe is the largest consumer of bioplastics & biopolymers [https://www.marketsandmarkets.com/Market-Reports/biopolymers-bioplastics-market-88795240.html] and the second-largest producer of bioplastics globally. Packaging industry is the largest end-use industry of bioplastics & biopolymers in Europe. The political and economic conditions have also driven the market penetration of bioplastics & biopolymers.
NatureWorks LLC, a major biopolymers supplier, is co-owned by Cargill and PTT Global Chemical. The company specializes in producing biopolymers from renewable sources like corn, starch, and vegetable oils. Its product range includes series for extrusion/thermoforming, injection molding, films & cards, fibers & nonwovens, and 3D printing. NatureWorks serves various industries such as beauty & household, construction, food service, electronics, medical, and hygiene across North America, Europe, Japan, and Asia-Pacific. It operates manufacturing facilities in Blair, Nebraska, with a capacity of 150,000 metric tons of ingeo biopolymer.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=88795240
BASF SE, a prominent chemical company, operates across six business segments: chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions. It offers biodegradable plastics through its materials segment and conducts research in process research & chemical engineering, advanced materials & systems research, and bioscience research. Serving over 90,000 customers globally, BASF holds a top-three market position in approximately 30% of its active business areas. With six Verbund sites and 232 additional production sites worldwide, the company operates extensively across Europe, Asia Pacific, North America, South America, Central America, and the Middle East & Africa.
Another significant player in the Bioplastics & Biopolymers sector is TotalEnergies Corbion. TotalEnergies Corbion, established in 2017 as a joint venture between Total Energies and Corbion, holds a prominent position in the PLA and lactide monomers market globally. Their Luminy PLA portfolio encompasses products across four categories suitable for various conversion technologies. They provide a range of solutions to sectors such as packaging, automotive, consumer goods, and textiles. Operating a PLA production facility capable of producing 75,000 tons per year in Rayong, Thailand, the company has a presence in North America, Asia-Pacific, and Europe.
Inquire Now: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=88795240
About MarketsandMarkets Trademark
MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=bioplastics-biopolymers-marketgrowth-analysis-size-opportunities-top-companies-trends-key-segments-regional-analysis-and-forecast-to-2029]
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/biopolymers-bioplastics-market-88795240.html
The global Bioplastics & Biopolymers market [https://www.marketsandmarkets.com/Market-Reports/biopolymers-bioplastics-market-88795240.html] size is anticipated to expand from USD 15.3 Billion in 2024 to USD 45.2 Billion by 2029, with a CAGR of 24.2% during 2024-2029. Key drivers include increased bioplastics usage in packaging, stringent waste management regulations in Europe, government emphasis on green procurement policies, prioritization of bio-based content, and consumer preference for eco-friendly plastic products.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=88795240
Bioplastics & Biopolymers Companies
Leading companies in the bioplastics & biopolymers market include NatureWorks LLC, Braskem, BASF SE, Total Energies Corbion, Versalis S.P.A, Biome Bioplastics Limited, Mitsubishi Chemical Group Corporation, Biotec Biologische Naturverpackungen GmbH & Co., Plantic Technologies Limited, and Toray Industries, Inc. These players have pursued growth strategies such as acquisitions, mergers, investments, and expansions over the past five years to enhance competitiveness and expand their customer base globally.
Europe is the largest consumer of bioplastics & biopolymers [https://www.marketsandmarkets.com/Market-Reports/biopolymers-bioplastics-market-88795240.html] and the second-largest producer of bioplastics globally. Packaging industry is the largest end-use industry of bioplastics & biopolymers in Europe. The political and economic conditions have also driven the market penetration of bioplastics & biopolymers.
NatureWorks LLC, a major biopolymers supplier, is co-owned by Cargill and PTT Global Chemical. The company specializes in producing biopolymers from renewable sources like corn, starch, and vegetable oils. Its product range includes series for extrusion/thermoforming, injection molding, films & cards, fibers & nonwovens, and 3D printing. NatureWorks serves various industries such as beauty & household, construction, food service, electronics, medical, and hygiene across North America, Europe, Japan, and Asia-Pacific. It operates manufacturing facilities in Blair, Nebraska, with a capacity of 150,000 metric tons of ingeo biopolymer.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=88795240
BASF SE, a prominent chemical company, operates across six business segments: chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions. It offers biodegradable plastics through its materials segment and conducts research in process research & chemical engineering, advanced materials & systems research, and bioscience research. Serving over 90,000 customers globally, BASF holds a top-three market position in approximately 30% of its active business areas. With six Verbund sites and 232 additional production sites worldwide, the company operates extensively across Europe, Asia Pacific, North America, South America, Central America, and the Middle East & Africa.
Another significant player in the Bioplastics & Biopolymers sector is TotalEnergies Corbion. TotalEnergies Corbion, established in 2017 as a joint venture between Total Energies and Corbion, holds a prominent position in the PLA and lactide monomers market globally. Their Luminy PLA portfolio encompasses products across four categories suitable for various conversion technologies. They provide a range of solutions to sectors such as packaging, automotive, consumer goods, and textiles. Operating a PLA production facility capable of producing 75,000 tons per year in Rayong, Thailand, the company has a presence in North America, Asia-Pacific, and Europe.
Inquire Now: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=88795240
About MarketsandMarkets Trademark
MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=bioplastics-biopolymers-marketgrowth-analysis-size-opportunities-top-companies-trends-key-segments-regional-analysis-and-forecast-to-2029]
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/biopolymers-bioplastics-market-88795240.html
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
