Biopolymer Films Market - Industry Analysis, Growth, Trends and Forecast 2016 - 2024

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Biopolymer Films Market to grow at over 7 CAGR
from 2016 to 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Biopolymer Films Market

• The industry is also positively influence by
  drifting consumer focus for food packaging films
  derived from bio-based sources such as
  polysaccharides (starch, cellulose) and proteins
  (soy, whey gelatin).
• Growing product applications across medical
  applications owing to its biocompatibility is
  another major industry growth prospect. The
  product is used in medical applications such as
  controlled drug release, space filling implants
  and wound management.
• Robust growth in the medical field along with
  technological advancements, which have created
  widespread product applications in the medical
  industry will subsequently boost the overall
  biopolymer market size by 2024.

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Continued...

• In addition, stringent legislations against use
  of synthetic and semi-synthetic films in food
  packaging on account of its adverse effects in
  case of direct food contact, will ultimately
  favor product demand in food packaging
  applications.
• However, relatively high product cost in
  comparison with prevailing counterparts such as
  semi-synthetic and synthetic films may hamper the
  overall industry growth in the near future.
• Biopolymers films market share by multilayer
  technology held the maximum industry share in
  2015. the technology helps in enhancing the
  product characteristics such as moisture barrier,
  which makes the product desirable across numerous
  applications including food beverage, cosmetics
  and pharmaceutical packaging.

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U.S biopolymer films market size, by end-user,
2013-2024 (USD Million)

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360 Analysis

• Product Analysis
• The product finds widespread applications in
  agriculture and food packaging industries. Strong
  growth indicators in these industries will
  subsequently boost the overall industry size in
  the near future.
• Regional Analysis
• North America, mainly led by the U.S. biopolymer
  films market size was more than USD 800 million
  in 2015. The regional growth is mainly attributed
  to robust product demand for food packaging
  application.
• Competitive Market Share
• Some of the important industry share contributor
  includes BASF, Braskem, Evonik, Avery Dennison,
  Mondi Group, Plastic Union, Toray Industries,
  Taghleef, NatureWorks, Amcor, Innovia Films,
  Industria Termoplastica Pavese, BioBag
  International, and Klöckner Pentaplast.

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