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Global Bioplastic Market Overview 2023

The report provides the market size of all the segments in terms of Value (US$ Billion), Volume (kilotons (KT)) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2018 u2013 2023), considering 2017 as the actual year and 2016 as Historical Year.

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Global Bioplastic Market Overview 2023

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  1. 2019 Global Bio-Plastic Market: Market Analysis and Future Growth Trends © Copyright Ingenious e-Brain Solutions | All Rights Reserved

  2. 2 1.OVERVIREW Bioplastics include both biodegradable and non-biodegradable polymers that are manufactured from natural sources. The use of bioplastics is being encouraged consistently, in obtaining natural polymers from agricultural, cellulose or potato and cornstarch waste. The production and practice of bioplastics are considered as a sustainable solution due to low emission of greenhouse gases. Aspects such as eco- friendly properties, upsurge in consumer awareness, growth in environmental apprehensions, and favorable government guidelines drive the growth of the bioplastic market. However, high production cost and comparatively lower performance standards than synthetic plastics restrain the market growth to a certain extent. Market Key Players are: BASF SE Braskem S.A. Corbion NV Metabolix Inc. Natureworks LLC Indorama Ventures Public Company Limited Biome Technologies PLC Plantic Technologies Ltd. Bio-On S.P.A. Novamont S.P.A Toray Industries Get Free Sample @ https://www.iebrain.com/reports/chemicals/global-bio-plastic- market/ According to the study conducted by Ingenious e-Brain; the market growth of the bio-plastic market is rapidly increasing with the market estimated to grow from USD X.XX Billion in 2018 to USD XX Billion by 2025, at a CAGR of XX%. This is due to the growing consumer preference towards eco-friendly materials and growing innovative technologies to produce bioplastics. Furthermore, the increased consumption and demand for packaged food and the need for sophisticated packaging for the growing middle class are adding up to the growth of the global bio-plastic market.

  3. 3 Market Segmentation: On the basis of material: Aliphatic and Aromatic Co-Polyesters (Bio-PET, PEF, PEN, etc) Bio-PE Bio-PP Bio-PA Bio-PBS Starch blends Regenerated cellulose Moulded fibres Water-soluble polymers (such as casein, gelatine, xanthan gum, guar gum, carrageenan, and pectin, etc)) On the basis of Application: Food Packaging Bottles Engineering Plastic (Automotive) Household product Agriculture Pharmaceutical Construction Others On the basis of Region: North America Asia-Pacific Europe MENA Latin America

  4. 4 View Full Report @ https://www.iebrain.com/reports/chemicals/global-bio-plastic- market/ About us: We are a globally recognized research and analytics solutions provider with a team of experienced professionals from diverse technical domains. Our services, ranging from technology ideation to commercialization, are tailored to help our clients transform their business model by providing them holistic solutions around Intellectual Property, Technology, and Business Intelligence. Our clients include R&D groups, attorneys, and inventors from large law firms and Fortune 500 companies. Phone [US]: +1 347 480 2054 Phone [UK]: +44 207 193 3548 Email: services@iebrain.com

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