Bio-based Polymer Market Opportunites , Insights - Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Bio-based Polymer
Market. Bio-based Polymer Market Insights The
bio-based polymer market is expected to grow at a
high CAGR from 2017 to 2025. Increasing
government support incentives with regard to
the use manufacture of eco-friendly products is
anticipated to positively influence market
growth. The large availability of feedstock in
the Asia Pacific and Central South American
region is projected to augment market demand over
the coming years.
Bio-based Polymer Market Product Insights On
the basis of product, the market is segmented
into Polylactic acid (PLA), Polyglycolic acid
(PGA), Polycaprolactone (PCL), Polyhydroxybutyrate
(PHB), Polybutylene Succinate (PBS),
Polyhydroxyalkanoates (PHA, Polyethylene
Terephthalate (PET), and Starch-Based among
others). The PLA segment occupied the largest
share and is expected to grow at the highest CAGR
over the coming years on account of its water
resistant capabilities and faster decomposition
rate. The product is expected to foster
increased demand for the food beverage
packaging and textile industry.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Bio-based Polymer Market Application
Insights On the basis of application, the
bio-based polymer market is segmented into
packaging, textiles, bio-medicine, agriculture
and horticulture, construction, automotive, and
others. The packaging industry is expected to
occupy the largest share and grow at a high CAGR
over the coming years. High demand is projected
to arise in the packaging industry on account of
increasing preference for eco-friendly
material. Bio-based Polymer Market Regional
Insights The Asia Pacific bio-based polymer
market is anticipated to dominate the market in
2016 and is projected to grow at the highest
CAGR over the coming years. The use of
bio-ethanol as a building block in chemicals has
led to large investments in the production of MEG
in Asia Pacific countries. North America is
expected to be the second largest market for
bio-based polymers. A report published by Nova
Institute in 2013 projected that the demand for
bio-based polymers is expected to reach 12
million tons by 2020. Central South America is
expected to register the second highest growth
rate over the coming years on account of easy
availability of feedstock and favorable
government regulations.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Bio-based Polymer Market End-Use
Landscape The end-use landscape entails a list of
current and prospective consumers prevailing
across the regions. This section provides
company addresses, contact details, products, and
regional presence of companies who are
purchasing or are likely to bio-based polymers
over the coming years. Some leading consumers of
this market are Ball Corporation, Crown Holding,
Mondi, and Owens-Illinois among
others. Bio-based Polymer Market Vendor
Landscape The report contains a chapter dedicated
to vendors operating in the market, covering raw
material manufactures, equipment developers,
manufacturers, and distributors. The report
provides these insights on a regional level.
This section of the report entails contact
details, experience, products manufactured/suppli
ed, and geographical presence of
companies. Bio-based Polymer Market Share
Competitor Analysis Some of the prominent
companies in the bio-based polymer market are
BASF SE, Arkema SA, Bayer MaterialScience,
BioAmber, BioBased Technologies LLC, DSM N.V.,
Evonik Industries AG, Bio-On Srl, DuPont, and
Cardia Bioplastics Limited among others In
November 2017, Arkema invested Euro 300 million
in biosourced polyamide 11 chain in Asia. The
plant is expected to increase the companys
polyamide 11 production capacity by 50. In April
2016, BASF SE launched bio-based polymer under
the brand name ecovio in China for use as
agricultural mulch films in order to curb soil
pollution and increase yield.
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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• The report segments the Bio-based Polymer Market
  on the basis of By Platform
• Polylactic acid (PLA)
• Polyglycolic acid (PGA)
• Polycaprolactone (PCL)
• Polyhydroxybutyrate(PHB)
• Polybutylene Succinate (PBS)
• Polyhydroxyalkanoates (PHA, Polyethylene
  Terephthalate (PET),
• Starch-Based
• Others
• By Application
• Packaging
• Textiles
• Bio-Medicine
• Agriculture Horticulture

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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
This article contains text from the Bio-based
Polymer Market Forecast to 2025 report prepared
by Global Market Estimates. For more information
or to buy the report, please visit
https//www.globalmarketestimates.com/bio-based-po
lymer-market/ Check our annual research
partnership service at https//www.globalmarkete
stimates.com/annual-research-partnership-services/