Professional study of Bioplastic Market- Growth, Analysis, Opportunities & Forecast (2019-2024)
Bioplastic
Market Report Overview:
Axiom
MRC
Added an, “Bioplastic
Market Report, By Type, Application and Geography – Global Market
Share, Trend Analysis & Forecast Up To 2024” Bio-plastics are replacing plastics originated from
polymers.
Bio-plastics are
now being manufactured from biomass sources such as vegetable oils (hemp oil,
soybean oil) and certain starches (corn starch, sweet potato).
Bio-plastics are also known as biodegradable plastic, these are material
returns to its natural state when buried in the ground.
Growing concern
for environmental conservation, consumer shift towards organic and
environment-friendly alternatives as compared to the petroleum-based products
and raising focus of the government and regulatory authorities are some key
factors that are driving the global market. However, increasing raw materials
cost coupled with surging dependence on petroleum-based bio-plastics are
hindering the market growth.
Bioplastic
Market Segmentation:
Bioplastic
Market by Type:
Biodegradable Plastic
and
Non-biodegradable
Plastic.
Bioplastic
Market by Application:
Global
bio-plastics finds major applications in packaging, agriculture and
horticulture, automotive, electronics, building and construction, energy
storage, food service disposables and 3D printing.
Bioplastic
Market by Geography:
Geographically,
the bio-plastics market is studied across the countries of key regions such as
North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa.
Bioplastic
Market Leading Partners:
key competitors
of the bio-plastics market include BASF SE, Biome Technologies Plc., Braskem
S.A., Corbion Purac, FKuR Kunststoff GmbH, Indorama Ventures Public Company
Limited., Innovia Films, Natureworks LLC., Novamont S.p.A, SECOS Group Ltd.
(Cardia Bioplastics), Toray Industries Inc., Evonik Industries, Arkema, Cardia
Bioplastics, RTP Company, Techno polymer Co. Ltd., E. I. du Pont de Nemours and
Company and among others.
About
Axiom
MRC:
Axiom Market Research & Consulting™ (also known as
Axiom MRC), is a full-service market research and data analytics firm, driven
by a simple aim of providing key market intelligence to companies to assist
them in taking informed business decisions pertaining to their marketing
strategy, investments, new product launches, market competition, consumer or
end users, social media trends etc.
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