Global Biopolymers Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Chemical and Material Date : July 11th, 2018
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The global biopolymers market was valued at USD 2,465.4 million in 2017 and is likely to generate a demand of USD 7,196.8 million by 2024, at a CAGR of 15.2% over the next seven years. Growing sustainability concerns across the globe along with various favorable government regulations are expected to positively impact the market. Moreover, expanding applications of biopolymers across diverse industries is set to accelerate market growth over the forecast period. The years used for the assessment are as follows;

  • Historical year : 2014, 2015 and 2016
  • Base year  : 2017
  • Forecast period: 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis are based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the biopolymers market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global biopolymers market
  • Finalizing the overall size and share for the global biopolymers market

OBJECTIVES:

  • To classify global biopolymers market into segments on the basis of class, type, application, and end-use to analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with biopolymers
  • Profiling key companies operating in the global biopolymers market
  • To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE

The research scope for biopolymers market is as follows:

By Class

  • Polynucleotides
  • Polypeptides
  • Polysaccharides

By Type

  • Bio-PET
  • Biodegradable polyesters
  • Biodegradable starch blends
  • Bio-PE
  • PLA
  • PHA
  • Others

By Application

  • Bottles
  • Packaging
  • Water Treatment
  • Fibers
  • Agriculture seed coatings
  • Others

By End-Use

  • Food & beverage
  • Textile
  • Medical
  • Automotive
  • Agriculture
  • Cosmetics
  • Construction
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Central & South America (CSA)
  • Middle East & Africa (MEA)

Biopolymers: A sustainable alternative for conventional polymers

The global biopolymers market is expected to reach USD 7,196.8 million by 2024, witnessing a CAGR of 15.2% from 2018 to 2024. Growing environmental concerns across the globe have increased awareness towards the need for eco-friendly products. Additionally, fluctuation in the prices of crude oil resulting in limited resource availability for conventional polymers is expected to fuel the market growth over the forecast period.

Biopolymers may be defined as the polymers that are developed from living beings and contain monomeric units, covalently bonded, to form large structures. These can be naturally derived from plant proteins, biomass, starch and other renewable feed stock, that are easy to decompose in the environment. A few examples of biopolymers are carbohydrates, DNA, RNA, proteins, glycogen, cellulose, among others.

Majority of the plastic that is used worldwide are petroleum based and are non-biodegradable. Conventional polymers are likely to pose a threat to the environment since it gets accumulated resulting in numerous health hazards. In order to combat the hazardous impact of conventional polymers and reduce the carbon footprint, biopolymers have emerged as sustainable alternatives. Further, the easy availability of feedstock for biopolymers has increasingly replaced conventional polymers.

In addition, stringent government regulations to reduce the environmental impact of conventional polymers have promoted the market growth. Also, key applications and benefits of biopolymers have augmented their demand across several industries. For instance, sugar based polymers can naturally degenerate in the human body without producing any critical side effect and are thus used for medicinal purposes.

Moreover, biopolymers may prove to be highly significant for energy storage, transmission and preservation of genetic information, and cellular construction. However, high costs associated with biopolymers may pose a challenge to the market growth. As a result, key market players are continuously focusing on innovation, in order to develop advanced products at low prices.

Some of the key companies operating in the industry include BASF SE; Arkema; Braskem; DowDuPont; Danimer Scientific; NatureWorks LLC; Yield10 Bioscience, Inc.; Rodenburg Biopolymers; Evonik Industries AG; HARBEC, Inc.; BIO-ON S.p.A.; FMC BioPolymer A.S.; Total Corbion PLA; Solanyl Biopolymers Inc.; and Tianjin GreenBio Materials Co., Ltd.; among others.

Biopolymer Market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Biopolymers Market – Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global biopolymers market

3.4. Value chain analysis

3.5. Market opportunities & trends

        3.5.1. Rising preference towards bio-based packaging

3.6. Market dynamics

3.6.1. Market driver analysis

   3.6.1.1. Growing environmental and sustainability concerns

   3.6.1.2. Increasing applications across several industries

   3.6.1.3. Favorable government regulations

3.6.2. Market restraint analysis

           3.6.2.1. High associated costs

3.6.3. Industry analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive Analysis

4.2. PESTLE Analysis

4.3. Company Market Share Analysis

4.3.1. Competitive Factors

4.3.2. Strategies Adopted

CHAPTER 5. Global Biopolymers Market Size and Forecast (2014 – 2024)

5.1. Global Biopolymers Market, By Class (Kilo Tons) (USD Million)

5.1.1. Polynucleotides

5.1.2. Polypeptides

5.1.3. Polysaccharides

5.2. Global Biopolymers Market, By Type (Kilo Tons) (USD Million)

5.2.1. Bio-PET

5.2.2. Biodegradable polyesters

5.2.3. Biodegradable starch blends

5.2.4. Bio-PE

5.2.5. PLA

5.2.6. PHA

5.2.7. Others

5.3. Global Biopolymers Market, By Application (Kilo Tons) (USD Million)

5.3.1. Bottles

5.3.2. Packaging

5.3.3. Water treatment

5.3.4. Fibers

5.3.5. Agriculture seed coatings

5.3.6. Others

5.4. Global Biopolymers Market, By End-Use (Kilo Tons) (USD Million)

5.4.1. Food & beverage

5.4.2. Textile

5.4.3. Medical

5.4.4. Automotive

5.4.5. Agriculture

5.4.6. Cosmetics

5.4.7. Construction

5.4.8. Others

CHAPTER 6. Global Biopolymers Market Size and Forecast, By Region (2014 – 2024)

6.1. North America Biopolymers Market (Kilo Tons) (USD Million)

6.1.1. North America Biopolymers Market, By Class (Kilo Tons) (USD Million)

6.1.2. North America Biopolymers Market, By Type (Kilo Tons) (USD Million)

6.1.3. North America Biopolymers Market, By Application (Kilo Tons) (USD Million)

6.1.4. North America Biopolymers Market, By End-Use (Kilo Tons) (USD Million)

6.1.5. North America Biopolymers Market, By Country (Kilo Tons) (USD Million)

  6.1.5.1. The U.S.

  6.1.5.2. Canada

  6.1.5.3. Mexico

6.2. Europe Biopolymers Market (Kilo Tons) (USD Million)

6.2.1. Europe Biopolymers Market, By Class (Kilo Tons) (USD Million)

6.2.2. Europe Biopolymers Market, By Type (Kilo Tons) (USD Million)

6.2.3. Europe Biopolymers Market, By Application (Kilo Tons) (USD Million)

6.2.4. Europe Biopolymers Market, By End-Use (Kilo Tons) (USD Million)

6.2.5. Europe Biopolymers Market, By Country (Kilo Tons) (USD Million)

  6.2.5.1. Germany

  6.2.5.2. U.K

  6.2.5.3. France

  6.2.5.4. Spain

  6.2.5.5. Italy

  6.2.5.6. Rest of Europe

6.3. Asia-Pacific Biopolymers Market (Kilo Tons) (USD Million)

6.3.1. Asia-Pacific Biopolymers Market, By Class (Kilo Tons) (USD Million)

6.3.2. Asia-Pacific Biopolymers Market, By Type (Kilo Tons) (USD Million)

6.3.3. Asia-Pacific Biopolymers Market, By Application (Kilo Tons) (USD Million)

6.3.4. Asia-Pacific Biopolymers Market, By End-Use (Kilo Tons) (USD Million)

6.3.5. Asia-Pacific Biopolymers Market, By Country (Kilo Tons) (USD Million)

   6.3.5.1. China

   6.3.5.2. Japan

   6.3.5.3. India

   6.3.5.4. Australia

   6.3.5.5. Rest of Asia-Pacific

6.4. Central & South America (CSA) Biopolymers Market (Kilo Tons) (USD Million)

6.4.1. Central & South America (CSA) Biopolymers Market, By Class (Kilo Tons) (USD Million)

6.4.2. Central & South America (CSA) Biopolymers Market, By Type (Kilo Tons) (USD Million)

6.4.3. Central & South America (CSA) Biopolymers Market, By Application (Kilo Tons) (USD Million)

6.4.4. Central & South America (CSA) Biopolymers Market, By End-Use (Kilo Tons) (USD Million)

6.4.5. Central & South America (CSA) Biopolymers Market, By Country (Kilo Tons) (USD Million)

           6.4.5.1. Brazil

                  6.4.5.2. Rest of Central & South America (CSA)

6.5. Middle East & Africa (MEA) Biopolymers Market (Kilo Tons) (USD Million)

6.5.1. Middle East & Africa (MEA) Biopolymers Market, By Class (Kilo Tons) (USD Million)

6.5.2. Middle East & Africa (MEA) Biopolymers Market, By Type (Kilo Tons) (USD Million)

6.5.3. Middle East & Africa (MEA) Biopolymers Market, By Application (Kilo Tons) (USD Million)

6.5.4. Middle East & Africa (MEA) Biopolymers Market, By End-Use (Kilo Tons) (USD Million)

6.5.5. Middle East & Africa (MEA) Biopolymers Market, By Country (Kilo Tons) (USD Million)

  6.5.5.1. Saudi Arabia

  6.5.5.2. South Africa

  6.5.5.3. Rest of Middle East & Africa (MEA)

CHAPTER 7. Key Players and Strategic Developments

7.1. BASF SE

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Arkema

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Braskem

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. DowDuPont

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Danimer Scientific

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. NatureWorks LLC

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Yield10 Bioscience, Inc.

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Rodenburg Biopolymers

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Evonik Industries AG

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. HARBEC, Inc.

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. BIO-ON S.p.A.

7.11.1. Business Overview

7.11.2. Product and Service Offering

7.11.3. Financial Overview

7.11.4. Strategic Developments

7.12. FMC BioPolymer A.S.

7.12.1. Business Overview

7.12.2. Product and Service Offering

7.12.3. Financial Overview

7.12.4. Strategic Developments

7.13. Total Corbion PLA

7.13.1. Business Overview

7.13.2. Product and Service Offering

7.13.3. Financial Overview

7.13.4. Strategic Developments

7.14. Solanyl Biopolymers Inc.

7.14.1. Business Overview

7.14.2. Product and Service Offering

7.14.3. Financial Overview

7.14.4. Strategic Developments

7.15. Tianjin GreenBio Materials Co., Ltd.

7.15.1. Business Overview

7.15.2. Product and Service Offering

7.15.3. Financial Overview

7.15.4. Strategic Developments

Global Biopolymers Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024