The technology in bio-plastic has undergone significant change in recent years, from PLA (polylactic acid) to PHAs (polyhydroxyalkanoates) based bioplastic. The rising wave of new technologies such as biodegradable bio-plastics are creating significant potential in packaging and agriculture and horticulture applications due to growing environmental concerns and increasing awareness of the economic & ecological viability of using bioplastics.
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In agrochemical market, various technologies such as biodegradable and non-biodegradable bioplastics are used in the packaging, textile, agriculture and horticulture, automotive, electronics, and building and construction applications. Improvement in scope of bio-plastics across end-user industries, shift in consumer preference toward eco-friendly plastic products, and rising use in food packaging and compostable bag applications are creating new opportunities for various bio-plastic technologies.
Lucintel, a leading global management consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in bio-plastic market and has now published a comprehensive research report entitled "Technology Landscape, Trends and Opportunities in the Global Bio-plastic Market". This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in bio-plastic market.
Lucintel study finds that bio-plastic technology is forecast to grow at 15% during next five years. Biodegradable is the largest segment of this market and is growing at above average growth. NatureWorks, BASF, Total Corbion PLA, Mitsubishi Chemical, Biome Bioplastics, Plantic Technologies, Bio-On, Danimer Scientific, Novamont, and Toray Industries are among the major technology providers in the bio-plastic market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global bio-plastic technology by application, technology, and region as follows:
Technology Readiness by Technology Type
Competitive Intensity and Regulatory Compliance
Disruption Potential by Technology Type

Trends and Forecasts by Technology Type [$M shipment analysis from 2013 to 2024]:
• Biodegradable
• Non-Biodegradable

Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
• Packaging
o Biodegradable
o Non-Biodegradable
• Textile
o Biodegradable
o Non-Biodegradable
• Agriculture and Horticulture
o Biodegradable
o Non-Biodegradable
• Automotive
o Biodegradable
o Non-Biodegradable
• Electronics
o Biodegradable
o Non-Biodegradable
• Building and Construction
o Biodegradable
o Non-Biodegradable
• Other
o Biodegradable
o Non-Biodegradable
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 to 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– United Kingdom
– Germany
– France
• Asia Pacific
– Japan
– China
– South Korea
– India
• The Rest of the World
Latest Developments and Innovations in the Bio-plastic Technologies
Companies / Ecosystems
Strategic Opportunities by Technology Type
This more than 150-pages of research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/technology-bio-plastic-market.aspx or [email protected]. Lucintel offerings include chemical market research reports, chemical industry analysis report, commercial due diligence report, business strategy consulting and market research reports online.

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.