Global Biodegradable Polymers Market to Reach 2.44 Billion Pounds by 2017, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Biodegradable Polymers markets. The global market for Biodegradable Polymers is forecast to reach 2.44 billion pounds by the year 2017. Increasing demand in packaging, the largest end-use market; growing environmental concerns; soaring petroleum costs; launch of new types of biodegradable polymers; concerns over depleting landfills; and a shift towards renewable sources from traditional sources of fossil fuel are the key factors driving the demand for biodegradable polymers. Growth in the market would be further propelled by technological innovations, emerging applications, stern regulations to inhibit packaging waste and landfill, and improvement in composting infrastructure.

Biodegradable Polymers: A Global Strategic Business Report

Follow us on LinkedIn – Global biodegradable polymers market remained strong amidst economic recession, and continues to witness significant growth, backed by increasing usage in packaging, the largest end-use market. Though it has several barriers, such as strong legislative mandate, high price of the polymers, and poor industrial infrastructure for composting, the global biodegradable market however survived recession and attracted investments by several organizations in the manufacture and expansion activity. In the wake of growing environmental concerns and soaring petroleum costs, biodegradable polymers have slowly but steadily increased global penetration. Biodegradable polymers have generated wide scale interest amongst customers and the companies alike. The presence of a sizable potential market has opened up a plethora of opportunities for companies within the chemical, agricultural, and plastic sectors. In the recent years, several companies have ventured into collaborations and tie-ups for the manufacture of new biodegradable polymers. Apart from the emergence of new forms of biodegradable polymers, the market is also witnessing the entry of several major companies.

Europe represents the largest global market for biodegradable polymers market, as stated by a new market research report on Biodegradable Polymers. Europe would continue its dominance in the ensuing years, owing to the increasing consumer attention towards sustainable practices, rapidly depleting landfill capacity, gas and fossil fuel dependence, and growing need to inhibit greenhouse gas emissions. Meanwhile, the focal point of the global biodegradable polymer market is gradually shifting towards North America. The US is driven primarily by growing consumer concerns over depleting petroleum-based raw materials, landfill and composting issues, and increasing awareness about using environment-friendly products. Growth is also expected to emanate from the Asian countries, including China and Japan, due to the huge production volumes, plastic waste control regulations, and the increasing demand for eco-friendly products. In Japan, biodegradable polymers are being preferred in place of the conventional petroleum-based polymers as a result of increasing prices of both petroleum as well as petroleum-derived products.

In terms of end-use markets, Packaging represents the largest market for biodegradable polymers. The biodegradable polymers packaging market, unlike other packaging segments, remained immune to the global economic recession, and registered steady growth. This was mainly due to the strong demand for biodegradable polymer packaging in the developing regions, depleting fossil reserves, growing environmental concerns, and increasing emphasis on green packaging. Growth of the biodegradable polymers market in future would be primarily driven by emerging uses of biodegradable polymers, which include agriculture, horticulture, and healthcare. Demand for these polymers in such applications is forecast to increase at a compounded annual growth rate of 27.35% during the analysis period. Applications of biodegradable polymers are rapidly widening to other sectors, including electronics, automotive, and toy making.

Starch-based biopolymers lead the water-soluble polymers category, and are registering robust growth in the developing countries of Asia-Pacific and Latin America. Meanwhile, the market for water-soluble polymers has reached maturity level in the developed nations. Key applications of starch-based polymers include packaging solutions, hygiene products, compost bags, agriculture films, and fast food tableware. Polylactic acid biopolymers constitute the most widely used biodegradable polymers, followed by copolyester-based biopolymers.

Major players of biodegradable polymers profiled in the report include Durect Corp., American Excelsior Company, BioGroupUSA Inc., BASF SE, BIOTEC GmbH & Co., KG, Cereplast Inc., Cortec Corp., E. I. du Pont de Nemours and Company, Eastman Chemical Company, ECM BioFilms Inc., FP International, IRe Chemicals Limited, Metabolix Inc., Mitsubishi Plastics Inc., Mitsui Chemicals Inc., National Starch and Chemical Company, NatureWorks LLC, Novamont S.p.A, Perstorp UK Limited, Rodenburg Biopolymers B.V., Showa High Polymer Co., Ltd., Storopack Hans Reichenecker GmbH, Toyobo Co. Ltd., among others.

The research report titled “Biodegradable Polymers: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the Biodegradable Polymers markets, impact of the recession on the market, current market trends, key growth drivers, product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for Biodegradable Polymers for the years 2009 through 2017 for the following geographic markets – United States, Canada, Japan, Europe, and Rest of World. Key end-use segments analyzed include Packaging (Loose-fill/Other), Compost Bags, and Others. In addition, the US market also analyzes the market in terms of Co-Polyester-Based Biopolymers, Polyactic acid-Based Biopolymers, Starch-Based Biopolymers, and Other Biopolymers (including Lignin-Based Biopolymer, Soybean-Based Biopolymers, Water-Soluble Biodegradable Polymers, and Polycaprolactone-Based Biopolymers).

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Biodegradable_Polymers_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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