Bio-Based Polymers Market Size- Industry Trends & Forecast 2027
global clinical microbiological market size was calculated to be USD billion
in 2016 and is expected to take a surge at a CAGR of % till 2027 with an
approximate value of USD till the forecast year. The research and awareness
amongst the population about reducing the carbon footprints and rising issues.
For greenhouse gases, depletion of the ozone layer, and global warming. Along
with it, the perpetual growth of fossil fuel consumption and decreasing rates
of mineral, oils, and other resources will spur the growth of the market for
Global Bio-Based Polymers.
Source: BlueWeave Consulting
Bio-Based Polymers Market Overview
the analysis and studies, the global production for bioplastics was valued at
over 1 million tons in 2011. Out of which 60% of the production was BIO-BASED
NON-BIODEGRADABLE plastics, as they have a wide spectrum of applications. From
soft drinks bottling to durable items and in automotive applications. The
innovations and sustainable developments made in the relevant field will grow
even more of a production of bioplastics, eventually promoting the market
growth by 2020. The biopolymers are those that are produced by the cells of
living organisms and as a regular polymer, the monomers of this polymer are
also bonded to form larger molecules or a polymer. The worldwide ascend of
these bio-based polymers are due to factors like these polymers could be manufactured
or produced from the farming feedstock. Consisting of corn, potatoes,
sugarcane, etc. all of this could successfully eliminate the dependence of
petrochemical items. Which are generally harmful and difficult to procure and
put into secondary productions.
Bio-Based Polymers Market Forecast and Trends
idea of all green products
plastics or polymers got introduced in the industries, it has truly the core
and has reached every nook, corner around the world. It is all because polymers
are some of the best-engineered materials ever produced. Now, the increased use
of plastics and polymers are getting outnumbered by their disposability.
Therefore, they’re being produced even more than ever because of their popularity
and their hassle-free manufacturing. All of this has not turned out well,
because plastics and polymers don’t decompose naturally in the environment,
unlike many other materials. Their quality, which makes them preferred and
wanted, is the reason why plastics and polymers are being neglected or not
produced heavily nowadays.
since the idea of biopolymers and bio-based has been coined, the market for its
development, research, and technological trials. All of this could be credited
for that the consumers have grown more socially aware, environmentally
friendly, etc. The first biopolymers were extracted from plants such as corn,
sugarcane, soybeans mash, cellulose, and vegetable oil. They were rather known
as Cutting edge Polymers because they mainly were used to lessen the
utilization of nonrenewable energy sources. Starch and cellulose were the very
first designed bio-based polymers, which were utilized in the materials for the
first practical application such as bundling development.
solve, the problem of disposing of plastics
mentioned earlier, it is evident that the presence of synthetic polymers has
created an issue and whole new related problems. Also, the increased dependence
on synthetic polymers led to a heightened rise in environmental risks related
to its recycling and disposal. Because these aren’t decomposed, they are either
landfilled or combusted, now on combustion, they release toxic and harmful
greenhouse gases. Into the atmosphere making the ozone deplete. But in recent
years, strict environmental laws and regulations are made to follow on
regulated applications of fossil fuel and related products. Governments are
coming together globally, taking summit meetings and bringing various
initiatives to encourage the development of biopolymers, making their market
grow as expected.
stable and functional
as we know about the biopolymers, we are also aware of the properties of the
biopolymers, that they are NOT as stable, as cost-effective, and functional as
the petrochemical-based polymers are. These are due to the obvious fact that
they're made from biotic elements and are going to be standing nowhere in terms
of strengths, durability, etc. They are 2 or 3 times pricier than the
conventional polymers, with low and expensive yields. In addition to that,
there’s been concern about them being harmful to food supplies because their
manufacturing is dependent on terrestrial crops. Also, taking an instance that
if only 0.02% of the world’s total naturally irrigated area is available for
cultivation. And even if half the world’s plastics were made from crops grown
on food land, the industry would only still require 3% of the world’s
cultivated acreage. Moreover, the crop-based bioplastic needs fertile land,
abundant water, and fertilizers and is reliable in natural weather conditions.
All of this makes crop production for the sole purpose of plastic manufacturing
even more questionable. Therefore, these problems would arise, hindering the
of COVID 19 on the Industry
global market for bio-based polymers has been affected by COVID negatively.
Majorly because of halted production in all sorts of manufacturing sectors, the
biopolymer one is no different. But the biopolymer market is suffering a bit
more than others because the focus of all the leading researching and
developing firms, industries have shifted towards the pandemic. And it has
caused a halt on prospect development of the relevant market. Not only this but
the closures of institutes, development centers, etc. have stopped further
discussion on the topic for some time. But the market is anticipating jumping
back into its previous form as soon as possible after the present global
Bio-Based Polymers Market: By Type
on type, the market is known to be segmented into Biodegradables and Non-Biodegradables.
These two then are further branched into PLA, PHA, Biodegradable Polyester,
Starch, Cellulose, and PET (Bio-Based), PE (Bio-Based), PA (Bio-Based)
respectively. As per the figures of 2019, the non-biodegradables led the market
to hold a share of 54.96%. And is expected to do so in the forecast period as
well. The credit for this specific growth is given to the high demand for
electronic equipment, consumer goods, and automotive housings. The products
such as carry bags, cups, films, bottles are made by PET, PA, etc. Which has
wide consumers and therefore it helps with stable market growth.
Bio-Based Polymers Market: By Application
segmentation based on application has a wide range, but the major ones are
Agriculture, Automobile/Transportation, Electronics, Textiles, Packaging, etc.
The packaging sector had the maximum share as per the records of 2019. The
packaging application owned about 62.4% of the total share. Due to the
bioplastics to manufacture agricultural foils, compost bags, horticulture &
nursery products, textiles, and toys; the packaging sector thrived and elevated
the total market growth by giving in more than half of the entire share.
Bio-Based Polymers Market: Regional Insights
registered the market in 2019, with a share of 44.9%. The factors which helped
it to sail through well are the presence of stringent government laws,
awareness around single-use plastics, R&Ds turning into real-time
investments, and most importantly environmental concerns. Not only this, but
the big shots of this region are also particularly helping and aiding the
populations by providing their products, in the harsh times of COVID 19.
Asia-Pacific will propel the global market with the presence of skilled labor
at lower costs. The shift in the market would be seen especially through Indian
and China. And it will impact the market positively.
March,2020 Biosphere collaborated
with Loft 312, to create biodegradable pet waste disposable bags. The dog waste
industry is growing fastly, which requires other market players like Biosphere.
Which helped in creating biodegradable pet waste bags.
Bio PE, a leading
biopolymer manufacturer has produced bioethanol and is committed to make it
available at low prices. Therefore, increasing imposement of government
regulation owing to reduced greenhouse gas (GNG) effects and protecting the
The significant market
players of the Global Biobased Polymer Industries are Antron, Potatopak Limited, Biobag
Canada, eijin Ltd., Toray Industries, Toyota Tsusho, Tianan Biologic Material
Co., M&G Chemicals, PTT Global Chemical Public Company Ltd., Showa Denko
K.K among Others.
Scope of the Report
Historical data – 2016-2019
Base Year – 2020
Forecast – 2020 – 2027
Revenue in USD Billion
U.S, Canada, Germany, UK, France,
Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, Argentina,
UAE, South Africa, Saudi Arabia
By Type, By Application, By Region
The significant market players of the Global Biobased
Polymer Industries are Antron, Potatopak
Limited, Biobag Canada, eijin Ltd., Toray Industries, Toyota Tsusho, Tianan
Biologic Material Co., M&G Chemicals, PTT Global Chemical Public Company
Ltd., Showa Denko K.K among Others.
Scope of the Report
ü Biodegradable Polyester
ü PET (Bio based)
ü PE (Bio based)
ü PA (Bio based)
Middle East & Africa