Biopolymers Market Report:Industry Growth, Trends and Forecast Upto 2021
The new research report on Biopolymers Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast Upto 2021.
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Biopolymers are polymeric biomolecules. Biopolymers contain monomeric units, which covalently bond to form larger structures. Based on monomeric units used and the structure of the biopolymer, there are three main classes of biopolymers namely polynucleotides (RNA and DNA), polypeptides and polysaccharides. These biopolymers are renewable, sustainable, carbon neutral, biodegradable, and compostable.
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Increasing demand for bio-PE, bio-PET, and PLA is driving the product market of biopolymers to grow rapidly. Packaging industry is the prime application areas for biopolymers with maximum market share. Bottle industry is an emerging sector with fastest growth rate over the forecast period. Biodegradability, government interventions in green procurement policies, technological innovations are increasing the penetration of biopolymer in the application market.
North America is the leading market for biopolymers and accounted approximately one third of the market demand. U.S. is a high potential country, which is accelerating high growth in this region over the forecast period. Followed by North America region, Europe is growing owing to the industrial expansion. Investments from major players in this market resultant to growing demand, are driving the global biopolymer market growth. Leading players in this industry are NatureWorks LLC, Metabolix Inc., Braskem S.A., Meredian Inc., Indorama ventures Public Co. Ltd., Novamont S.P.A., Tianjin GreenBio Materials Co. Ltd., etc.
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
SEGMENTATIONS IN REPORT :
1. Biopolymers By Classes :
– Polynucleotides (RNA and DNA)
2. Biopolymers By Types :
– Bio PET
– Bio PE
– Bio PBS
– Starch Blends
– Regenerated Cellulose
3. Biopolymers By Applications In :
– Injection Molding
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