Title: Bioplastics & Biopolymers Market – Trends & Forecasts to 2018
1MarketsandMarkets Presents
- Bioplastics Biopolymers Market
- Trends Forecasts to 2018
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2- Biopolymers consist of covalently bonded
monomeric units. It can also be defined as a
material for which at least a portion of polymer
consists of material produced from renewable
materials. Based on monomeric units and
structure, biopolymers are of three types namely,
polynucleotide, polypeptides, and
polysaccharides. They are renewable, sustainable,
carbon neutral, biodegradable, and compostable. - Packaging was the largest application of
biopolymers, with a market share of nearly 57.1
of the total demand in 2012. Increasing demand
for bio-PE, bio-PET, and PLA is pushing the
demand for biopolymers at a notable pace.
Bottling Industry is comparatively consuming less
quantity of biopolymers but the demand growth is
anticipated to be significant due to increasing
penetration of bio-PET applications in various
industries.
3-
- http//www.marketsandmarkets.com/Market-Reports/bi
opolymers-bioplastics-market-88795240.html - The biopolymers market is experiencing huge
growth which is expected to continue in the near
future, majorly driven by the highly growing
European and North American regions and intense
focus towards industrial expansions. A
significant amount of investments are made by
various market players in order to be prepared to
serve the high demand in the future. North
America is the major segment in the market, which
accounted for more than one-third of the total
global demand in 2012. The region is further
expected to show quite a high growth in future,
mainly due to high growth potential of the U.S
market.
4- The demand for the biopolymers market is majorly
driven by factors such as its biodegradability
and positive attitude of government towards green
procurement policies. Further technological
innovations are expected to increase the market
penetration of biopolymers and make it suitable
for numerous other applications. The
effectiveness in traditional end-industries has
always been a promising factor for its growth
over a long run. - North America is currently the largest consumer
of biopolymers, which consumed more than
one-third of the total biopolymers consumption in
2012 and is expected to grow at a CAGR of 16.0.
U.S is the leading consumer of biopolymers,
holding a major share in regional volumetric
consumption in 2012. The market for ROW is
comparatively low, but is anticipated to show the
highest growth rate from 2013 to 2018. -
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