Report Highlights
The global market for biodegradable polymers is estimated to increase from $4.8 billion in 2022 to reach $14.4 billion by 2027, at a compound annual growth rate (CAGR) of 24.8% from 2022 through 2027.
Report Includes
- 63 data tables
- An up-to-date overview and analysis of the global market for sustainable biopolymers (including both the bio-based polymers and biodegradable polymers)
- Analyses of the global market trends, with historic market revenue data (sales figures) for 2021, estimates for 2022, forecasts for 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size and revenue forecast for both the biodegradable and bio-based polymers markets in value (USD millions) and volumetric (kilotons) terms, and their corresponding market share analysis based on chemistry, application, and region
- In-depth information (facts and figures) concerning the major factors influencing the progress of this market (benefits, and industry-specific challenges) with respect to specific growth trends, upcoming technologies, future prospects, and contributions to the overall market
- Highlights of emerging technology trends, opportunities and gaps estimating current and future demand for sustainable biopolymers, pricing and supply chain analysis, and the COVID-19 impact on this marketplace
- Analysis of the market opportunities with a holistic review of the Porter’s Five Forces analysis and PESTLE analysis considering both micro- and macro- environmental factors prevailing in the entire bioplastics industry
- Review of key recent patents granted related to biodegradable polymer technologies
- Identification of the major stakeholders and analysis of the competitive landscape based on recent market developments, segmental revenues, and company value share analysis
- Descriptive company profiles of the leading global players, including 3M Co., Amcor plc., Archer Daniels Midland Co. (ADM), BASF SE, Braskem, FKuR, PSM North America, and Toray Industries Inc.
Report Scope
This report analyzes the global sustainable biopolymer market, based on segmentation of chemistry and application. These segmentations are further analyzed at global and regional levels.
The base year considered for analysis is 2021, while market estimates and forecasts are given from 2022 to 2027. The market estimates are only provided in terms of volume, kilotons and revenue in $ millions.
The scope for biodegradable polymers:
Based on chemistry, the market is segmented into:
- Polybutylene adipate terephthalate (PBAT).
- Polybutylene succinate (PBS).
- Polylactic acid (PLA).
- Polyhydroxyalkanoates (PHA).
- Starch blends.
- Cellulose films.
Based on application, the market is segmented into:
- Flexible packaging.
- Rigid packaging.
- Agriculture.
- Consumer goods.
- Coatings and adhesives.
- Fibers.
- Electronics and electricals.
- Building and construction.
- Automotive and transport.
- Others.
The scope for bio-based polymers:
Based on chemistry, the market is segmented into:
- Polylactic acid (PLA).
- Starch blend.
- Bio-polyethylene (bio-PE).
- Polyhydroxyalkanoates (PHA).
- Bio-polyamides.
- Bio-polyvinyl chloride (bio-PVC).
- Bio-polytrimethylene terephthalate (bio-PTT).
- Cellulosic.
- Bio-polypropylene (bio-PP).
- Others.
Based on application, the market is segmented into:
- Flexible packaging.
- Rigid packaging.
- Consumer goods.
- Fibers.
- Electronics and electricals.
- Building and construction.
- Automotive and transport.
- Others.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||||||||||||||||||||||||||||||||||
| Forecast period considered | 2022 to 2027 | ||||||||||||||||||||||||||||||||||||||||||
| Base year market size | $4.3 billion | ||||||||||||||||||||||||||||||||||||||||||
| Market size forecast | $14.4 billion | ||||||||||||||||||||||||||||||||||||||||||
| Growth rate | CAGR of 24.8% for the forecast period of 2022-2027 | ||||||||||||||||||||||||||||||||||||||||||
| Units considered | $ Millions (Revenue terms) and Kilotons (Volume terms) | ||||||||||||||||||||||||||||||||||||||||||
| Segments covered | By Chemistry, Application, and Region | ||||||||||||||||||||||||||||||||||||||||||
| Regions covered | North America, Asia-Pacific, Europe, the Middle East and Africa, and Latin America | ||||||||||||||||||||||||||||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||||||||||||||||||||||||||||
| Companies studied |
|
Frequently Asked Questions (FAQs)
- Increasing consumer preference for bioplastic
- Growing use of green flexible materials for primary packaging
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global green polymer and bioplastic packaging market should reach $51.2 billion by 2023 from $36.0 billion in 2018 at a compound annual growth rate (CAGR) of 7.3% for the period of 2018 to 2023.
Report Includes
- 16 data tables
- An overview of global market outlook for sustainable biopolymers
- Analyses of global market trends, with data from 2017 to 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Identification of market trends, issues and forecast impacting the global sustainable biopolymers market
- Quantification of the market based on product type, and application
- Discussion on recent advancements and innovations (cutting-edge technologies) available in the market
- Comprehensive company profiles of key players in the market, including 3M Co., Amcor Ltd., Cargill Corp., Greiner Packaging International, Novolex Holdings, Inc., Saint-Gobain and Wipak Group
Related Reports
Hydrotreated Vegetable Oil Market
This report identifies the most significant source and application for hydrotreated vegetable oil (HVO). The study gives an overview of the various trends, applications, and feedstocks related to HVO. It provides comprehensive and the latest market estimates of the HVO market. This report explores current and future strategies, ESG factors, and emerging trends within the market. This will help investors and industry participants understand the market and compete successfully in the market.
Medical Plastics: Global Markets
The global market for medical plastics is estimated to increase from $25.6 billion in 2023 to reach $41.2 billion by 2028, at a compound annual growth rate (CAGR) of 10.0% from 2023 through 2028.
Global Bio-PET Market
The global market for bio-PET is expected to grow from $182.1 million in 2023 to $326.6 million by 2028, at a compound annual growth rate (CAGR) of 12.4% from 2023 to 2028.
Bio-Based Naphtha: Global Markets
The global bio-based naphtha market should reach $3.9 billion by 2028 from $1.7 billion in 2023 at a compound annual growth rate (CAGR) of 18.3% for the forecast period of 2023 to 2028.
Recent Reports
Liquid Crystal Polymers: Global Markets
The global market for liquid crystal polymers is expected to grow from $957.5 million in 2023 to $1.3 billion by the end of 2028, at a compound annual growth rate (CAGR) of 6.1% from 2023 through 2028.
Plastics for Healthcare Packaging
The global market value of plastics for healthcare packaging is expected to grow from $32.1 billion in 2023 and should reach $46.1 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2023 to 2028.
Medical Plastics: Global Markets
The global market for medical plastics is estimated to increase from $25.6 billion in 2023 to reach $41.2 billion by 2028, at a compound annual growth rate (CAGR) of 10.0% from 2023 through 2028.
EMI/RFI: Materials and Technologies
The global market for EMI/RFI materials and technologies is expected to increase from $7.4 billion in 2023 to $9.2 billion by the end of 2028, with a compound annual growth rate (CAGR) of 4.6% during the forecast period of 2023-2028.
Fluoropolymer Materials: Technologies and Global Markets
The global market volume for fluoropolymer materials is estimated to increase from 346.97 kilotons in 2023 to reach 442.79 kilotons by 2028, at a compound annual growth rate (CAGR) of 5.0% from 2023 through 2028.
Top Trending Reports
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for cell and gene therapy tools and reagents is estimated to grow from $8.3 billion in 2022 to $13.7 billion in 2027, with a compound annual growth rate (CAGR) of 10.6% for the period of 2022-2027.
ESG Trends in Chemical Industry
This report focuses on the ESG trends in the chemical industry and evaluates the ESG implementation including current and future potential. The report utilizes various databases, including sustainability reports, annual reports, and other indicators used to develop the current market. The study provides detailed information on the main factors influencing ESG growth in the chemical industry. It enables the reader to understand the industry in general while also providing insight into the inter-relationship between ESG and the sustainable chemical industry. The report describes market growth, developing trends, industry leaders, and applications of ESG implementation in the chemical industry.
Digital Pathology: Technologies and Global Markets
The global digital pathology market is estimated to increase from $5.9 billion in 2022 to reach $10.7 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% from 2022 through 2027.
Smartphone-Based Patient Monitoring: Global Market
The global smartphone-based patient monitoring market should reach $21.5 billion by 2027 from $6.8 billion in 2022 at a compound annual growth rate (CAGR) of 25.9% for the forecast period of 2022 to 2027.
Non-Fungible Tokens (NFT): Global Market
The global NFTs market should reach $37.6 billion by 2022 and $125.6 billion by 2027, with a compound annual growth rate (CAGR) of 27.3% during the forecast period of 2022-2027.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More