London, UK (PRWEB) March 31, 2014
Owing to their outstanding eco friendly properties, biopolymers have found wide acceptance in a slew of industries. Packaging, followed by bottles, is the main application of biopolymers; it is anticipated to be worth around USD 1.723 billion by 2018. On the basis of types, bio-PE is the largest biopolymer; it is primarily utilised in packaging and automotive applications. PHA represents the fastest growing biopolymer type, poised to increase at a CAGR of 27.7% during 2014-2018. Global biopolymers consumption is forecast to be estimated at over 1.446 million tonnes by end-2018. Biodegradability is the key factor that is expected to drive the global biopolymer market in the years to arrive. The potential expansion of biopolymers packaging market is also set to assist in boosting the demand for biopolymers.
North America, led by the US, is the leading market for biopolymers, accounting for over one-third of the total biopolymer demand worldwide. Packaging, fibers, bottling, and automotive application segments are driving the demand for bio-PE, bio-PET, and PLA, which is in turn spurring the consumption of biopolymers in the region. Other drivers include growing concerns over the public’s health and safety, and a high level of penetration of the material in packaging and automotive industries in the region. The APAC market for biopolymers has huge potential too, due to a strong and expanding industrial and production base. In Europe, due to emerging technological advancements and innovations, the growth in biopolymers demand will likely further escalate at a fast rate.
New research report “Biopolymers/Bioplastics Market by Type (Bio PET, Bio PE, PLA, PHA, Bio PBS, Starch Blends, and Regenerated Cellulose), by Application (Packaging, Bottles, Fibers, Agriculture, Automotive, and Others) & by Geography – Trends & Forecasts to 2018” drawn up by MarketsandMarkets (M&M) is now available at MarketPublishers.com
Title: Biopolymers/Bioplastics Market by Type (Bio PET, Bio PE, PLA, PHA, Bio PBS, Starch Blends, and Regenerated Cellulose), by Application (Packaging, Bottles, Fibers, Agriculture, Automotive, and Others) & by Geography – Trends & Forecasts to 2018
Published: March, 2014
Price: US$ 4,650.00
The report provides a deep analysis of the world biopolymers marketplace, segmenting it by type, application and geography; analysing and forecasting the global consumption (value and volume) of biopolymers. The study offers eagle-sighted insights into the market dynamics, reviews the most burning industry issues and winning imperatives, covers Porter’s five forces analysis, provides value chain and market share analyses, discusses major relevant regulations. The competitive environment review alongside top 10 company profiles is included; and the future outlook for the market to 2018 is provided in the research report.
More new studies by the publisher can be found at M&M page.