Biobased plastics are a family of materials that may be partially or fully composed of renewable resources, along with fossil fuel resources to some extent. Biobased plastics are manufactured using biotechnology that makes use of varied materials with different applications. They are produced from either plant material such as cellulose, starch, etc., or through the polymerization of other materials such as polyethylene terephthalate, polylactic acid, and polypropylene.

The biodegradability of biobased plastics is dependent on its biobased content, since artificially polymerized plastics can’t be acted upon by microorganisms responsible for the process of biodegradation. For instance, starch is fully biobased and biodegradable, cellulose is partly composed of biobased materials and is also biodegradable, and bio–polyethylene tetraphlate is partly biobased but non-biodegradable.

Research Initiatives for Biobased Biodegradable Plastics to Reverse Effects of Fossil Fuel-based Plastics

The environmental damage and health hazard caused by the use of traditional fossil fuel-based plastics is the primary factor driving the adoption of relatively new biobased biodegradable plastics. Research organizations and manufacturers are exploring the use of biobased biodegradable plastics to reverse environmental damage caused by petroleum-based plastics and mitigate its effects on current resource reserves. As such, biobased biodegradable plastics offer a sustainable alternative obtained from renewable resources for the modern society.

Additionally, government initiatives supporting environmentally viable solutions over plastics are boosting the growth of the global biobased biodegradable plastics market extensively. However, an inadequate global sales network poses a major challenge for the biobased biodegradable market.

Browse the full Global Biobased Biodegradable Plastics Market report at: http://www.mrrse.com/global-biobased-biodegradable-plastics-market

Biobased Biodegradable Plastics to Account for Significant Proportion of Plastic Consumption in Coming Years

Despite its relatively recent emergence, the biobased biodegradable plastics market is expected to witness significant growth in the next few years. The global biobased biodegradable plastics market is expected to exhibit progress at a CAGR of 18% between 2014 and 2020, with Europe dominating the market in terms of revenue.
In 2013, biobased biodegradable plastics accounted for 591,000 metric tons, which is close to 0.1% of global plastic consumption. This overarching dominance of conventional plastics, aided by the strongly established sales and development channels, is expected to be reversed as biobased biodegradable plastics are poised for an impressive growth in the remainder of the ongoing decade.

Globally, the biobased biodegradable plastics market is segmented on the basis of product types, applications, and geography. According to application, the market is sub-segmented into packaging, agriculture, textiles, transportation, electronics, and others. Based on product types, the global biobased biodegradable plastics market has the sub-segments of polyhydroxyalkanoates (PHA), polyester, polylactic acid (PLA), and cellulose.

Geography-wise, the global biobased biodegradable plastics market is segmented into North America, Western Europe, Latin America, Asia Pacific, the Middle East & Africa (MEA), and Eastern Europe. Of all the geographical regions, Europe leads the global biobased biodegradable plastics market on account of the easy availability of raw materials and stringent regulatory legislations and environmental measures against the use of fossil fuel-based plastics.

Among the other regions, while North America has been a strong market for biobased biodegradable plastics exhibiting a consistent performance, Latin America will emerge as a dark horse in the biobased biodegradable plastics market. Asia Pacific also has strong growth prospects and Japan, in particular, is expected to surge ahead of other countries in the region in the coming years.

1. Executive Summary

2. Research Methodology & Scope

3. Assumptions & Acronyms Used

4. Market Overview
4.1. Introduction
4.2. Market Segmentation
4.3. Parent Market Indicators
4.3.1. Global Plastic Consumption
4.3.2. Regional Plastic Consumption

5. Global Biobased Biodegradable Plastics Market Overview
5.1. Market Size & Forecast (Value), 2012 – 2020
5.2. Y-o-Y Growth Comparison
5.3. Market Size & Forecast (Volume), 2012 – 2020
5.4. Market Dynamics
5.4.1. Economic Drivers & Relative Impact
5.4.2. Demand Drivers & Relative Impact
5.4.3. Supply Drivers & Relative Impact
5.4.4. Market Trends & Recent Advancements

6. Global Biobased Biodegradable Plastics Market, By Application, 2012 – 2020
6.1. Introduction
6.2. Market Size & Forecast - Value
6.3. Market Size & Forecast - Volume
6.4. Y-o-Y Growth Comparison

UPComing Report :-

• Water Proofing Chemicals Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020
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Water proofing chemicals are widely used in several industries such as construction, paints and coatings, automotive, packaging and others. Post the development of polymers, the market has seen a rapid growth as they possess very good sealing capabilities.
Recovering construction activities across the world after the slowdown post 2008 is expected to drive the water proofing chemicals market. Additionally, growth of the automotive and packaging market is projected to further add to water proofing chemicals market growth. However, stringent regulations regarding the volatile organic compounds (VOCs) released in the atmosphere and handling risks might hinder the water proofing chemicals market growth. New products with low VOCs and less handling risks can be a future prospective market opportunity for growth.

• Cobalt Oxide Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020
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Cobalt is a silver-gray mineral that is hard and brittle in nature. Cobalt is used for a wide range of chemical and metallurgical applications worldwide. Cobalt oxides having different cobalt content are widely used in the ceramics market and in the coloring applications. The specific particle size of cobalt oxide is used for specific applications. Cobalt oxides find major applications in the catalyst, magnet and electronic industry. Cobalt oxides are widely used as a precursor for manufacturing cathode material to be used in the rechargeable batteries.
The growing electronic industry is expected to boost the overall demand of cobalt oxide. Cobalt oxide exhibits efficient electronic and magnetic bonding properties making it a suitable choice for the electronics applications. Cobalt oxides exhibit the property of ferromagnetic at extremely low temperature.
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