1. Market Research
  2. > Chemical
  3. > Specialty Chemical
  4. > Plastic Market Trends

Global Markets and Technologies for Bioplastics

  • June 2016
  • 220 pages
  • BCC Research
Report ID: 801557

Summary

Table of Contents

This BCC Research report explains the various types of bioplastics that are available, indicates key players and trends and provides detailed forecasts on demand by global region and projected use by type of application, such as packaging, automotive, consumer goods and general industrial. Forecasts provided through 2020.

Use this report to:

Learn about plastics made from renewable resources such as biomass or food crops and the various types of bioplastics.
Receive detailed forecast on demand by global region and projected use.
Identify hurdles for the bioplastics industry including unpredictable pricing for oil and agricultural crops, corporate commitment and new technology.
Gain information on profiles of the most important suppliers of bioplastics, including resin producers and compounders.

Highlights

The global bioplastic market totaled 1.6 million metric tons in 2015 and should total nearly 6.1 million metric tons in 2020, a compound annual growth rate (CAGR) of 30.0% for the five-year period, 2015 to 2020.
Americas as a segment for bioplastic market totaled 798,830 metric tons in 2015 and should total nearly 3.4 million metric tons in 2020, a CAGR of 33.3% through 2020.
The Asian market totaled 380,100 metric tons in 2015 and should total nearly 1.4 million metric tons by 2020, a CAGR of 29.7% through 2020.

INTRODUCTION

One of the fastest-growing materials sector in the past decade has been the production of plastics from renewable resources, referred to as bioplastics. The main driver of this growth is an interest in reducing use of petroleum as a feedstock because of its contribution to climate change, its pricing volatility and its occasional role as a political weapon. This report explains the various types of bioplastics that are available, indicates key players and trends and provides detailed forecasts on demand by global region and projected use by type of application, such as packaging, automotive, consumer goods and general industrial.

REASONS FOR DOING THE STUDY

The rapid emergence of bioplastics is one of the major stories in materials in recent years. Once billed as biodegradable plastics, the theme for renewably sourced plastics has shifted dramatically in recent years to sustainability. To maximize market impact, the growing trend is to compound bio-based plastics with oil-based plastics to extend bioplastics’ reach into markets for durable products used in cars and cell phones, among other applications. The focus has shifted away from bioplastics’ contribution to reducing the solid-waste stream and toward reducing total carbon footprint. The world’s bioplastics consumption reported a relative “slow” growth in 2015. Producers ascribed the slowdown to negative factors such as the delays in implementation of the bioplastics regulations and the lack of traction of bioplastics demand in several regional markets.

As a result, major producers such as NatureWorks, Braskem, Cathay and Tianan Biologic Material Co. Ltd. postponed the launch of their production facilities. However, the support from global companies such as Coca-Cola, Toyota and Tetra Pak keeps strong, and other momentums such as stricter regulations and governmental support are building up. Most of the postponed facilities may re-launch at the same or even bigger scales or shift to other bioplastic types in 2016 or 2017. Researches show strong growth in the global bioplastics market is still expectable in the following five years.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Lactic Acid Industry

  • $ 4950
  • Industry report
  • June 2017
  • by Global Industry Analysts

This report analyzes the worldwide markets for Lactic Acid in Metric Tons by the following End-use Segments: Food and Beverages, Biodegradable Polymers, Pharmaceutical, Personal Care, and Others. The report ...

The 2018-2023 World Outlook for Bioplastic Packaging

  • $ 995
  • Industry report
  • April 2017
  • by ICON Group

This study covers the world outlook for bioplastic packaging across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), ...

The 2018-2023 World Outlook for Bioplastics

  • $ 995
  • Industry report
  • April 2017
  • by ICON Group

This study covers the world outlook for bioplastics across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country ...


Download Unlimited Documents from Trusted Public Sources

Plastic Markets in Thailand - Forecast

  • May 2017
    6 pages
  • Plastic  

    Business Touris...  

  • Thailand  

    Asia  

View report >

Plastic Industry in Europe

  • May 2017
    2 pages
  • Plastic  

    Environment  

  • Europe  

View report >

Plastic Industry in the US

  • May 2017
    92 pages
  • Plastic  

  • United States  

View report >

Bioplastic Industry

4 months ago

Related Market Segments :

Bioplastic
Bioproduct

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.