The report, "Biopolymers/Bioplastics Market By Type (Bio PET, Bio PE, PLA, PHA, Bio PBS, Starch Blends, and Regenerated Cellulose), By Application (Packaging, Bottles, Fibers, Agriculture, Automotive, and Others), By Geography - Trends & Forecasts to 2018 " defines and segments the global biopolymers market with an analysis and forecasting of the global consumption volume and value.
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Browse more than 94 market data tables with 25 figures spread through 182 pages and in-depth TOC on Biopolymers/Bioplastics Market By Type (Bio PET, Bio PE, PLA, PHA, Bio PBS, Starch Blends, and Regenerated Cellulose), By Application (Packaging, Bottles, Fibers, Agriculture, Automotive, and Others), By Geography – Trends & Forecasts to 2018 .
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"North America: The Biggest Market of biopolymers"
North America is the worlds largest market of biopolymers, which consumed more than one-third of the total demand. U.S is the key consumer of biopolymers in North America. Packaging, bottling, fibers, and automotive are the application segments driving the demand for PLA, bio-PE, and bio-PET which in turn is pushing the demand for biopolymers within the region. The growing concern for human health and safety in the region has also led to increased consumption of biopolymers. The biopolymers market is also up surging due to high penetration of material in industries like packaging and automotive which have further helped the biopolymers market to emerge in the region. Various innovations, developments, and expansions in different industries have in turn made the region a potential growth market for biopolymers and its products.
Bio-PE - The biggest biopolymer by type; and Packaging-the biggest biopolymers application"
Bio-PE is manufactured through fermentation followed by polymerization. Bio-PE is mainly consumed in applications like packaging and automotive. PHA is the fastest growing biopolymers with a CAGR of 27.7% to 2018. The major growth driver for biopolymers is its biodegradability which will have a high impact on the industry in future as well. The biopolymers packaging market has a wide scope for its expansion which in turn would help in increasing the consumption of biopolymers. Bio-PE remains the dominant biopolymer and is expected to be the largest in the future.
Biopolymers consist of covalently bonded monomeric units. It can also be defined as a material for which at least a portion of polymer consists of material produced from renewable materials. Based on monomeric units and structure, biopolymers are of three types namely, polynucleotide, polypeptides, and polysaccharides. They are renewable, sustainable, carbon neutral, biodegradable, and compostable.
Packaging was the largest application of biopolymers, with a market share of nearly 57.1% of the total demand in 2012. Increasing demand for bio-PE, bio-PET, and PLA is pushing the demand for biopolymers at a notable pace. Bottling Industry is comparatively consuming less quantity of biopolymers but the demand growth is anticipated to be significant due to increasing penetration of bio-PET applications in various industries.