Title: Biopolymer Films Market 2019 - Latest Industry Trends, Competitive Research & Growth By 2025
1Biopolymer Films Market Overview, Top Players
Analysis, Business Opportunity and Sales Revenue
2025 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Biopolymer Films Market
- The overall biopolymer films market size is
majorly driven by increasing demand for
eco-friendly packaging among consumers. - Stringent regulations opposed to the use of
synthetic or petrochemical-based films in food
packaging on account of its adverse effects in
case of direct food contact, will eventually
favor product demand in food beverage packaging
industry. - With over 40 of the industry share, bio-based
raw material held a prominent share in the
overall biopolymers films market in 2017 and it
will foresee growth at a significant pace due to
its superior properties such as high renewable
content, ease of processability, good optical
performance, seal ability and barrier properties. - Multilayer technology facilitates product
characteristics such as favorable in terms of CO2
emissions, moisture barrier, which makes the
product more convenient across numerous end-use
including cosmetics, food beverage and
pharmaceutical packaging.
3U.S. biopolymer films market size, by end-user,
2014-2025 (USD Million)
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5Continued...
- Based on volume, polylactic acid (PLA) segment
will capture over 25 of the biopolymer films
market share. - Food beverage segment led the global biopolymer
films market end-user base in 2017. Escalating
packaged food demand, particularly due to
increasing per capita income, along with growing
number of working population across the globe
will boost industry size. - North America driven by the U.S. will exhibit
growth with a CAGR of over 6. The regional
industry share was mainly attributed to
prevalence of strict norms favoring bio-based
products for food packaging applications and
robust packaged food industry in the U.S. market. - Moreover, huge RD expenditure in U.S. will
augment the market growth by 2025. In addition,
Asia Pacific, mainly led by India and China, will
be the fastest growing region during the coming
years.
6Industry Coverage
7Continued...
- Some of the crucial challenges of the global
biopolymer films market is their relatively high
cost of bioplastics materials as compared with
Petro-plastics, as well as issues of
quality/consistency and density might hamper the
overall industry growth in the near future. - Major players operating in the market are
Braskem, Taghleef, BASF, Innovia Films, Plastic
Union, Evonik, Avery Dennison, Klöckner
Pentaplast, Mondi Group, Industria Termoplastica
Pavese, Toray Industries, BioBag International,
NatureWorks and Amcor.
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