Global and China Bioplastics and Biopolymers Market Insights, Forecast to 2027

Biopolymers/bioplastics is a material for which at least a portion of polymer consists of material produced from biomaterials. It represent a new generation of plastics that reduces the impact on the environment, both in terms of energy consumption and the amount of greenhouse gas emissions.
NatureWorks, Braskem, Arkema, Novamont, BASF and Kingfa are the main players in this industry. Among them, NatureWorks is the leader in the global market, and it accounted for 13% of the global revenue market share in 2019.
Production areas include North America, Europe, China and Japan. In 2019, the global Bioplastics and Biopolymers market is led by Europe with nearly 47%. USA is the second-largest region-wise market with about 24%.
In terms of product types, there are Starch Blends, PLA, Bio-PE, PBAT and Bio-PET. Starch Blends is the largest segment with a market share of nearly 28%, followed by PLA with 19%.
Bioplastics and biopolymers can be used in packing industry, consumer products, agriculture & horticulture, automotive industry. The packing industry accounted for about 56 per cent of the global market in 2019.

Market Analysis and Insights: Global and China Bioplastics and Biopolymers Market
This report focuses on global and China Bioplastics and Biopolymers market.
In 2020, the global Bioplastics and Biopolymers market size was US$ 3473 million and it is expected to reach US$ 5570.6 million by the end of 2027, with a CAGR of 7.0% during 2021-2027. In China the Bioplastics and Biopolymers market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Bioplastics and Biopolymers Scope and Market Size
Bioplastics and Biopolymers market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Bioplastics and Biopolymers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Bioplastics and Biopolymers market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Starch Blends
PLA
Bio-PE
PBAT
Bio-PET
Others

Segment by Application
Packing Industry
Consumer Products
Agriculture & Horticulture
Automotive Industry
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
NatureWorks
Braskem
Arkema
Novamont
BASF
Kingfa
DuPont
Mitsubishi
PSM
Zhejiang Hisun Biomaterials
FKuR
Corbion Total
Grabio
Danimer Scientific
Biome Bioplastics