Biopolymers Market, by Product Type (Bio-PE (Polyethylene), Polylactic Acid (PLA), Biodegradable Polyesters, and Others), by Application (Packaging, Textiles, Consumer Goods, Agriculture, Automotive Interior Parts, Electrical & Electronics, Construction, and Others), and by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

  • To Be Published : Mar 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Biopolymers, also known as polymeric biomolecules, are manufactured by processing the living organisms. Biopolymers are biodegradable chemical compounds and are considered as the most organic compound in the ecosphere. Biopolymers are produced either from living organisms such as proteins and carbohydrates, or renewable resources but require polymerization. It is used for various purposes such as cellulose-based biopolymers- cellophane are used as packaging material.

Market Dynamics:

  • Growing packaging industry is one of the major factors for growth of the global biopolymer market. Biopolymer based packaging material, which is originated from naturally renewable resources such as polysaccharides, proteins and lipids, have potential to replace synthetic plastics. Growing food-packaging industry is expected to boost demand for the global biopolymer market. According to a study of University of Sibiu, Romania in 2016, bio-plastic covers about 5-10% of the current plastic market. For instance, according to the report published by World Packaging Organization in 2017, the global packaging market was valued at US$ 820 billion in 2016, out of which food and beverage segments contributed 51% and 18%, respectively.  
  • Bio-polymer has wide range application in the construction industry, such as humic acid, lignite are applied for the water retention or dispersant and waxes, Bitumen, asphalt are used for coating or act as lubricant. For instance, according to report published by global construction perspectives and oxford economics in 2015, the global construction market is set to grow by US$ 8 trillion by 2030, and growing by an average annual rate of 3.9% by 2030
  • High prices of bio-plastic may be restrain for the growth of biopolymer market in the upcoming years.

Market Outlook:

  • Asia Pacific is expected to gain major traction in the biopolymer market during the forecast period, owning to rising demand for biopolymers in the packaging for food & beverages, drug industries. The biopolymer packaging is predominantly used in the food & beverage packaging. For instance, Ministry of Food Processing Industries and Government of India, the total consumption of the food and beverage segment was valued at US$ 369 billion and it is expected to reach to US$ 1.142 trillion by 2025.

Key Players:

Key players operating in the global biopolymers market include, BASF SE, NatureWorks LLC, Danimer Scientific, Novamont SpA, Galatea Bio Tech, Total Corbion, and Plantic Technologies Ltd and others.

Market Taxonomy:

On the basis of product type, the global biopolymers market is segmented into:

  • Bio-PE (Polyethylene)
  • Polylactic acid (PLA)
  • Biodegradable polyesters
  • Others (biodegradable starch blends, etc.)

On the basis of application, the global biopolymers market is segmented into:

  • Packaging
  • Textiles
  • Consumer goods
  • Agriculture
  • Automotive Interior Parts
  • electrical & Electronics
  • Construction
  • Others

On the basis of region, the global biopolymers market is segmented into:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Russia
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.