This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Bio-plastics Market

Market Insights on Bio-plastics covering sales outlook, demand forecast & up-to-date key trends

Bio-plastics Market By Material Type (Bio-PET, Bio-PE, Bio-PA, Bio-degradable Polyesters, PLA & PLA Blends), Application (Bottle, food-services, agriculture/horticulture, automotive) & Region - Forecast to 2014 - 2020

Introduction

Bioplastics are those plastic materials that are manufactured by using natural resources. There are two categories of these plastics available in the market - biodegrable bioplastics and non-biodegradable bioplastics. The report covers both the categories for market study.

On the basis of material type, the report covers market analysis of bio-based polyethylene terephthalate (Bio-PET), bio-based polyethylene (Bio-PE), bio-based polyamides (Bio-PA), bio-based poly lactic acid and its blends, starch blends and polyhydroxyalkanoate. Applications of bioplastics covered in the report includes bottle manufacturing, other packaging, food service disposables, agriculture/horticulture, consumer products and automotive applications.

The global bioplastics market is projected to grow approximately six times its value from US$ 7.5 billion in 2013 to US$ 43.8 billion in 2020 at an estimated CAGR of 28.8% between 2014 and 2020.

Customize this Report

Let us know your requirement to get
100% FREE customization

Global Bioplastics Market: Drivers and Trends

Demand for bioplastics is increasing since past decade due to growing awareness concerning environmental conservation, use of bio-based or natural resources for manufacturing materials and formulation of various regulations across countries for effective use of natural resources and waste management.

Analysis on Bioplastics Market

In the year 2012, the global bioplastics production capacity was approximately 1.3 million tonnes of which Asia Pacific region accounted for largest share. By 2020, Asia Pacific region is projected to be the largest consumer of bioplastics globally followed by North America and Europe.  Eco-friendly initiatives by corporates and abundant availability of raw materials for manufacturing bioplastics are prominent factors driving growth in Asia Pacific bioplastics market.

In terms of value, bioplastics markets in matured economies are collectively projected to expand at a CAGR of 26.0% during the forecast period while emerging economies are collectively projected to increase at a CAGR of 31.7% by 2020, which is 1.2 times more than that of matured economies. 

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Bioplastics Market Segmentation

By material type, bio-PET accounted for largest share by value in 2013 followed by biodegradable polyester, starch blends, bio-PE and other materials. Bio-PET market size is projected to grow by approximately seven times from 2013 to 2020, thus representing a CAGR of 31.4% during the forecast period. Bio-PET is projected to represent high value and high growth market segment during the forecast period whereas starch blends and bio-based PLA are projected to be low value and low growth bioplastic market segments during the forecast period.

Bio-PET and other bioplastics are collectively projected to exhibit a value CAGR of 33.6% over the forecast period while all other bioplastic materials including bio-PA, starch blends, PHA, PLA and bio-PE are collectively projected to grow at CAGR of 14.3% during the forecast period.

By application type, bottles manufacturing accounted for largest share in 2013 followed by packaging, automotive applications, food service disposables and consumer products. Bottles manufacturing application segment is projected to increase its market share by approximately 1.3 times from 2014 to 2020. Packaging and bottle manufacturing segment are projected to hold dominant share during the forecast period while bottle manufacturing segment is projected to grow above average growth rate over the forecast period.

Both these high value application segments are collectively projected to grow at CAGR of 29.8% while all other application segments are collectively projected to grow at CAGR of 26.5% over the forecast period.

Global Bioplastics Market Value, By Material Type, 2013–2020 (US$ Mn.)

Bio-plastics Market Download Report Brochure

Some of the market participants active in the global bioplastics market featured in the report include BASF SE, NatureWorks LLC, Toray Industries Inc., Evonik Industries, E. I. du Pont de Nemours and Company, DSM N.V., Arkema, Techno Polymer Co. Ltd. and RTP Company.

Key Segments Covered

Material Type:

  • Bio-PET
  • Bio-PE
  • Bio-PA
  • Bio-degradable Polyesters
  • PLA & PLA Blends
  • Starch Blends
  • PHA
  • others (Durable Starch Blend, Bio-TPE, Bio-PUR, Bio-PC, Cellulose Derivatives and PCL)

Applications:

  • Bottle
  • other packaging
  • food-services
  • agriculture/horticulture
  • consumer products
  • automotive

Key Geographies Covered:

  • North America
  • Europe
  • Asia Pacific
  • RoW
Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Frequently Asked Questions

The bioplastics market is projected to have a CAGR of 26% through 2032.

The bioplastics market size is anticipated to be US$ 701.33 billion by 2032.

The bioplastics market is likely to record a value of US$ 69.54 Bn in 2022.

Bio-PET segment accounted for the largest share in the bioplastics market.

Table of Content

1. Global Bio-plastics Market – Executive Summary

2. Global Bio-plastics Market – Assumptions & Acronyms

3. Global Bio-plastics Market – Research Methodology

4. Global Bio-plastics Market – Overview

    4.1. Bio-plastics Lifecycle

5. Global Bio-plastics Market – Taxonomy

6. Global Bio-plastics Market – Parent Market Indicator

    6.1. Global Plastic Market Outlook

    6.2. Global Plastic Market by End-use

    6.3. Regulations and Policies over Plastic Market by Region

7. Global Bio-plastics Production Capacity by Region

8. Global Bio-plastics Market Overview

    8.1. Global Bio-plastics Demand by Volume & Value

    8.2. Global Bio-plastics Material average Prices & Forecast

9. Global Bio-plastics Market Dynamics

    9.1. Macro-Economic Drivers for Global Bio-plastics Market

    9.2. Supply Side Drivers for Global Bio-plastics Market

    9.3. Demand Side Drivers for Global Bio-plastics Market

    9.4. Restraints for Global Bio-plastics Market

    9.5. Global Bio-plastics Market Value Chain Analysis

10. Global Bio-plastics Market

    10.1. Global Bio-plastics Market Share by Region

    10.2. Global Bio-plastics Market Volume & Value

11. Global Bio-plastics Market by Region

    11.1. North America

        11.1.1. Bio-plastics Market Volume & Value Forecast

        11.1.2. Bio-plastics Market Trends

        11.1.3. Bio-plastics Market Forecast by Application – Volume & Value

        11.1.4. Impact of Drivers and Restraints

    11.2. Europe

        11.2.1. Bio-plastics Market Volume & Value

        11.2.2. Bio-plastics Market Trends

        11.2.3. Bio-plastics Market Forecast by Application – Volume & Value

        11.2.4. Impact of Drivers and Restraints

    11.3. Asia Pacific

        11.3.1. Bio-plastics Market Volume & Value Forecast

        11.3.2. Bio-plastics Market Trends

        11.3.3. Bio-plastics Market Forecast by Application – Volume & Value

        11.3.4. Impact of Drivers and Restraints

    11.4. RoW

        11.4.1. Bio-plastics Market Volume & Value

        11.4.2. Bio-plastics Market Trends

        11.4.3. Bio-plastics Market Forecast by Application – Volume & Value

        11.4.4. Impact of Drivers and Restraints

    11.5. Global Bio-plastics Market Attractiveness Assessment, by Region

12. Global Bio-plastics Market by Material Type

    12.1. Global Bio-plastics Market Share by Material Type

        12.1.1. Global Bio-PET Market Forecast

        12.1.2. Global PLA & PLA Blends Market Forecast

        12.1.3. Global Bio-degradable Polyesters Market Forecast

        12.1.4. Global Starch Blends Market Forecast

        12.1.5. Global Bio-PE Market Forecast

        12.1.6. Global Bio-PA Market Forecast

        12.1.7. Global PHA Market Forecast

        12.1.8. Global Other Bio-plastics Market Forecast

    12.2. Global Bio-plastics Market Attractiveness Assessment, by Product Type

13. Global Bio-plastics Market by Application

    13.1. Global Bio-plastics Market Share by Application

    13.2. Global Bio-plastics Market Trends by Application

    13.3. Global Bio-plastics Market Volume & Value by Application

    13.4. Global Bio-plastics Market Attractiveness Assessment, by Application

14. Global Bio-plastics Market - Competitive Landscape

    14.1. Global Bio-plastics Market Offerings

    14.2. Global Bio-plastics Market – Competitive Dashboard

    14.3. Global Bio-plastics Market – Company Profiles

        14.3.1. BASF SE

        14.3.2. Arkema

        14.3.3. DSM NV

        14.3.4. E. I. du Pont de Nemours and Company

        14.3.5. Evonik Industries

        14.3.6. NaturePlast

        14.3.7. NatureWorks LLC

        14.3.8. RTP Company

        14.3.9. Techno polymer Co. Ltd.

        14.3.10. Toray Industries Inc.

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

Table 1 Table 1 North America Bio-plastics Market Volume & Revenue by Application, 2013 & 2020 ('000 Tonnes) (US$ Mn)

Table 2 Impact of Economic Drivers, Supply Side Drivers, Demand Side Drivers and Restraint in North America

Table 3 Europe Bio-plastics Market Volume & Revenue by Application, 2013 & 2020 ('000 Tonnes) (US$ Mn)

Table 4 Impact of Economic Drivers, Supply Side Drivers, Demand Side Drivers and Restraint in Europe

Table 5 Asia Pacific Bio-plastics Market Volume & Revenue by Application, 2013 & 2020 ('000 Tonnes) (US$ Mn)

Table 6 Impact of Economic Drivers, Supply Side Drivers, Demand Side Drivers and Restraint in Asia Pacific

Table 7 RoW Bio-plastics Market Volume & Revenue by Application, 2013 & 2020 ('000 Tonnes) (US$ Mn)

Table 8 Impact of Economic Drivers, Supply Side Drivers, Demand Side Drivers and Restraint in RoW

Table 9 Global Bio-plastics Market by Material Type

Table 10 Global Bio-plastics Market by Application

Table 11 Global Bio-plastics Market Volume & Revenue by Application, 2013 – 2020 ('000 Tonnes) (US$ Mn)

Table 12 Global Bio-plastics Market Competitive Landscape 

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

Figure 1 Bio-plastics - Lifecycle

Figure 2 Global Plastics Market Volume Forecast, 2013 – 2020 (MnTonnes)

Figure 3 Bio-plastics Market Penetration in Global Plastic Market, 2013

Figure 4 Global Plastic Volume Share, By End-use, 2013 (%)

Figure 5 Global Bio-plastics Production Capacity Forecast, 2012 ('000 Tonnes)

Figure 6 Global Bio-plastics Market Volume Forecast and Y-o-Y Growth, 2013 – 2020 (MnTonnes)

Figure 7 Global Bio-plastics Market Absolute $ Opportunity, 2013-2020 (US$ Mn)

Figure 8 Global Average Prices of Bio-plastics Materials, 2013 & 2020 (US$/Kg)

Figure 9 Global Bio-plastics Market Value Chain

Figure 10 Global Bio-plastics Market Volume Share, by Region, 2013 & 2020 (%)

Figure 11 Global Bio-plastics Market Value, Y-o-Y Growth, by Region, 2014 – 2020 (%)

Figure 12 Global Bio-plastics Market Value Share, by Region, 2013 & 2020 (%)

Figure 13 North America Bio-plastics Market Volume Forecast, 2013-2020 ('000 Tonnes)

Figure 14 North America Bio-plastics Market Absolute $ Opportunity, 2013-2020 (US$ Mn)

Figure 15 Europe Bio-plastics Market Volume Forecast, 2013-2020 ('000 Tonnes)

Figure 16 Europe Bio-plastics Market Absolute $ Opportunity, 2013 -2020 (US$ Mn)

Figure 17 Asia Pacific Bio-plastics Market Volume Forecast, 2013-2020 ('000 Tonnes)

Figure 18 Asia Pacific Bio-plastics Market Absolute $ Opportunity, 2013 -2020 (US$ Mn)

Figure 19 RoW Bio-plastics Market Volume Forecast, 2013-2020 ('000 Tonnes)

Figure 20 RoW Bio-plastics Market Absolute $ Opportunity, 2013-2020 (US$ Mn)

Figure 21 Global Bio-plastics Market Attractiveness Assessment, by Application Type, 2013 - 2020

Figure 22 Global Bio-plastics Market Value Share, by Region, 2013 & 2020 (%)

Figure 23 Global Bio-PET Market by Volume Forecast and Y-o-Y Growth, 2013 – 2020 ('000 Tonnes)

Figure 24 Global Bio-PET Market Absolute $ Opportunity, 2013 - 2020 (US$ Mn)

Figure 25 Global PLA & PLA Blends Market by Volume Forecast and Y-o-Y Growth, 2013 – 2020 ('000 Tonnes)

Figure 26 Global PLA & PLA Blends Market Absolute $ Opportunity, 2013 -2020 (US$ Mn)

Figure 27 Global Bio-degradable Polyesters Blends Market by Volume Forecast and Y-o-Y Growth, 2013 – 2020 ('000 Tonnes)

Figure 28 Global Bio-degradable Polyesters Market Absolute $ Opportunity, 2013 - 2020 (US$ Mn)

Figure 29 Global Starch Blends Blends Market by Volume Forecast and Y-o-Y Growth, 2013 – 2020 ('000 Tonnes)

Figure 30 Global Starch Blends Market Absolute $ Opportunity, 2013 - 2020 (US$ Mn)

Figure 31 Global Bio-PE Market by Volume Forecast and Y-o-Y Growth, 2013 – 2020 ('000 Tonnes)

Figure 32 Global Bio-PE Market Absolute $ Opportunity, 2013 - 2020 (US$ Mn)

Figure 33 Global Bio-PA Market by Volume Forecast and Y-o-Y Growth, 2013 – 2020 ('000 Tonnes)

Figure 34 Global Bio-PA Market Absolute $ Opportunity, 2013 -2020 (US$ Mn)

Figure 35 Global PHA Market by Volume ('000 Tonnes), 2013 - 2020Market by Volume Forecast and Y-o-Y Growth, 2013 – 2020 ('000 Tonnes)

Figure 36 Global PHA Market Absolute $ Opportunity, 2013 -2020 (US$ Mn)

Figure 37 Global Other Bio-plastics Market by Volume Forecast and Y-o-Y Growth, 2013 – 2020 ('000 Tonnes)

Figure 38 Global Other Bio-plastics Market Absolute $ Opportunity, 2013 -2020 (US$ Mn)

Figure 39 Global Bio-plastics Market Attractiveness Assessment, by Product Type, 2013 -2020

Figure 40 Global Bio-plastics Market Value Share, by Application, 2013 & 2020 (%)

Figure 41 Global Bio-plastics Market Value, Y-o-Y Growth, 2013 – 2020 (%)

Figure 42 Global Bio-plastics Market Attractiveness Assessment, by Application Type, 2013 – 2020

Need specific information?

Request Customization

Explore Chemicals & Materials Insights

View Reports

Recommendations

Chemicals & Materials

Engineering Plastics Market

Published : September 2016

Chemicals & Materials

Conductive Plastics Market

Published : February 2022

Chemicals & Materials

Biobased Biodegradable Plastics Market

Published : December 2014

Chemicals & Materials

Automotive Plastics Market

Published : October 2021

Google translate