Global Biopolymers Market

Biopolymers Market Size, Share, Growth Analysis, By Type(Biodegradable and Non-Biodegradable/Biobased), By Molding Process(Extrusion, Injection, Melt compounding & Others), By Application(Films, Bottles, Fibers, Seed Coating), By End Users(Packaging, Consumer Goods, Automotive & Transportation, Textiles), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15B2043 | Region: Global | Published Date: July, 2024
Pages: 157 |Tables: 120 |Figures: 77

Biopolymers Market Insights

Biopolymers Market size was valued at USD 9.93 billion in 2019 and is poised to grow from USD 11.5 billion in 2023 to USD 37.15 billion by 2031, growing at a CAGR of 15.79% in the forecast period (2024-2031).

Synthetic materials known as biopolymers are created using plant-based materials such leftover wood and lumber as well as agricultural products like sugar cane, maize, and other agricultural products. Biopolymers are naturally biodegradable, in contrast to conventional polymers or plastics, which contribute to a multitude of environmental issues like pollution and global warming. Common rubbers, melanin, cutin and cutan, suberin and lignin, and suberin and lignin are examples of biopolymers. Bio-plastics are produced using cutting-edge technology from waste products like animal and human waste, plant materials, and agricultural waste. Lawmakers are authorising the use of biodegradable polymers in place of conventional polymers to reduce carbon footprint. Currently, only a few major automakers use biopolymers in their vehicles. Ford Motor Company is one of these manufacturers and uses biopolymers internally. Bioplastics are thermoplastics created using bio-based materials like sugar, kelp, and starch. Bioplastics and ordinary polymers like silk, chitosan, and fleece are all included in the large category of materials known as biopolymers.

Starch, alginate, and cellulose are a few examples of polysaccharides, which are straight or stretched polymeric sugars. Some of the main market drivers for this industry are the availability of renewable raw material sources for the manufacture of bioplastics, as well as the advantages of bioplastics for the environment and the high customer acceptance of bio-based products. Bioplastic manufacture is an energy-efficient process since it needs 65% less energy than conventional plastic production. Since synthetic plastic packaging may break down when exposed to food, consumers prefer adopting bioplastic packaging. The sustainability and biodegradability of bioplastics are supported by enabling laws and regulations that have been adopted by a number of nations worldwide. These factors are expected to lead to revenue growth for the bioplastics market.

US Biopolymers Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 9.93 billion

Largest Segment

Non-Biodegradable/Biobased

Fastest Growth

Biodegradable

Growth Rate

15.79% CAGR

Global Biopolymers Market ($ Bn)
Country Share for Europe Region (%)

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Biopolymers Market Segmental Analysis

Global Biopolymers Market is segmented based on the type, molding process, application, end user and region. Based on type, the market is segmented into Biodegradable and Non-Biodegradable/Biobased. On the basis of molding process, it is categorized into Extrusion, Injection, Melt compounding & Others. According to applications the market is sub segmented into Films, Bottles, Fibers, Seed Coating, Vehicle Components, Medical Implants and Others. On the basis of end users, it is sub segmented into Packaging, Consumer Goods, Automotive & Transportation, Textiles, Agriculture & Horticulture. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Biopolymers Market Analysis by Type

The bio-based segment held the highest market share in 2021. Bio-based polymers are made from biological resources other than petroleum. Traditional petroleum-based polymers are difficult to recycle and non-biodegradable. Additionally, the manufacture of traditional plastics raises issues like greenhouse gas emissions. As a result, there is a growing need for sustainable polymeric materials to replace currently utilised polymers. The need for products made from bio-based materials is being driven by the growing need to reduce our dependence on conventional petroleum derivatives. The new plans and directives implemented and adopted by the public authority bodies throughout the world support this as well. These regulations include banning or imposing additional fees on the use of conventional plastics in applications such as shopping bags, packaging, and disposables.

Biodegradable segment is expected to grow at a fast rate during the forecast period and is anticipated to occupy a substantial market share during the forecast period. This category also contains starch blends, PHA, PLA, PBAT and others. Due to the growing demand for biodegradable plastics, there is less trash produced and recycling is made easier. In addition to other industries, the use of biodegradable plastics has expanded in consumer items, packaging, medical devices, building materials, automobiles, and textiles. Biodegradable polymers are used in the production of electronics including circuit boards, headphones, game consoles, and keyboards. In the healthcare industry, biodegradable polymers are used for a variety of things, such as orthopaedic devices, medication delivery systems, wound treatment, and surgical sutures. Because they are biocompatible and bio dissolvable, biodegradable polymers are more in demand in the healthcare and medical industries.

Biopolymers Market Analysis by End Use

The packaging segment accounted for the highest share of the global biopolymer market in 2021. More and more packaging solutions based on bioplastics and biopolymers are being utilised to effectively safeguard items for storage and transportation. While safeguarding the goods from contamination and damage, these solutions provide outstanding strength and durability. The demand for bioplastics and biopolymers in the packaging business has surged as a result of tightening environmental restrictions and consumer lifestyle changes. Plastics are extremely durable and water-impermeable, which has promoted their usage in packaging. Food packaging, healthcare packaging, cosmetic & personal care packaging, shopping bags, and other packaging applications are all used using bioplastics & biopolymers.

This segment is also expected to grow at a substantial rate during the forecast period. Possible packaging applications for bioplastics and biopolymers include food and beverage packaging, pharmaceutical packaging, and convey sacks. Businesses in the PLA industry make use of recyclable materials, which stimulates the market. The growing need for packaging made with bio-based materials that is safe for the environment is what is driving the interest in PLA-based polymers. The packaging industry makes use of biopolymers and bioplastics. Therefore, to comply with strict government natural criteria, bio-based unrefined components like starch and vegetable waste create negative effects. The packaging industry's growing need to replace traditional plastics with alternatives in order to address environmental concerns is the driving factor in the packaging industry for biopolymers and bioplastics

Global Biopolymers Market By Type (%), 2019 (%)

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Biopolymers Market Regional Insights

Europe dominated the Global Biopolymers Market in 2021. The region's market is expanding as a result of increased usage of bioplastics and biopolymers in sectors including packaging, consumer products, and transportation. Consumer preference for bio-based and biodegradable items has risen as a result of rising environmental concerns and the implementation of strict environmental regulation. By 2028, all used packaging must be recyclable and reusable, thanks to initiatives being implemented in the area. During the forecast period, investments in research & development of cutting-edge materials and technological innovation will further contribute to market expansion. The rapid use of plastics and growing consumer awareness of bio-based products are the region's key market-driving factors. Consumers cannot employ the techniques under the European Union's directive against plastic bags. The use of standard plastic bags for packing fruits and vegetables has been outlawed in France under the energy transition for green growth legislation. Consequently, it is anticipated that the limits that restrict the use of traditional plastic bags will accelerate the expansion of the biopolymers market sectors in the European regions.

The Asia-Pacific region is anticipated to register the highest CAGR during the forecast period. Due to rising consumer demand for environmentally friendly plastic goods and the region's rapidly expanding population, APAC has the fastest-growing bioplastics & biopolymer market. The expansion of several end use businesses in this area has been fueled by rising consumer purchasing power. During the forecast period, these factors are anticipated to increase demand for bioplastics & biopolymers in the area. China is the largest market for biopolymers in the Asia-Pacific region.Increases in consumer awareness, population increase, and need for sustainable packaging solutions, particularly in the e-commerce industry, all contribute to the market's expansion. Due to strict environmental restrictions and rising demand for environmentally friendly solutions, there has been an increase in the use of bioplastics and biopolymers in the agriculture and textile industries.

Global Biopolymers Market By Region, 2024-2031
  • Largest
  • Fastest

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Biopolymers Market Dynamics

Biopolymers Market Drivers

Environmental Supremacy to Bolster Demand for Biopolymers during Forecast Period

  • The market is expanding because of a change in consumer preference for plastic products that are environmentally friendly. The commercial development of bioplastics is being aided by consumer knowledge of sustainable plastic options and inescapable efforts to eliminate the use of conventional, non-biodegradable plastics. Conventional plastics, which are mostly made of oil, take a very long time to separate or degrade and spend a considerable amount of time in landfills. When discarded, biodegradable plastics dissociate more quickly and are reincorporated into the environment's regular structure. Additionally, biodegradable polymers degrade far more quickly than conventional plastics do through the actions of microbes.
  • In the pharmaceutical sector, biopolymers are now generally acknowledged for their capacity to treat wounds of any size, shape, or depth. Hydrogels are made using certain popular biopolymers, including chitosan, alginate, gelatin, and pectin, and they provide a moist environment for dry wounds. Wound dressings are another use for these biopolymers. These elements are serving as prestigious market growth drivers for biopolymers.

Biopolymers Market Restraints

High Costs associated with Bioplastics to Hinder Market Growth

  • The market's expansion in many application categories is constrained by bioplastics' greater price compared to standard polymers. The cost of manufacturing bio-based polymers is sometimes 20–100% more than that of conventional polymers. As most techniques are still in the development stage and have not yet reached economies of scale, this is largely because bio-based polymers have a high polymerization cost.

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Biopolymers Market Competitive Landscape

Global Biopolymers Market is fragmented and competitive. To increase their market share, the major companies in the international market are implementing a variety of business tactics, including mergers and acquisitions, expansions, and investments. Major players operating in the global bioplastics & biopolymers market include NatureWorks, Braskem, BASF and Total Corbion. Prominent firms are investing in the launch of new products to increase their market presence and consumer base.

Biopolymers Market Top Player's Company Profiles

  • BASF SE
  • NatureWorks LLC
  • Braskem SA
  • Total SE
  • Arkema SA
  • Corbion NV
  • Novamont S.p.A.
  • Mitsubishi Chemical Corporation
  • DuPont de Nemours, Inc.
  • Eastman Chemical Company
  • Biome Bioplastics Limited
  • Plantic Technologies Limited
  • Danimer Scientific, Inc.
  • Rodenburg Biopolymers BV
  • KANEKA Corporation
  • Bio-On S.p.A.
  • BioBag International AS
  • Innovia Films Ltd.
  • Toray Industries, Inc.
  • Solanyl Biopolymers Inc.

Biopolymers Market Recent Developments

  • In October 2022, University of California, University of Rochester, University of Rhode Island, ecologist Ryan Freedman from the Channel Islands National Marine Sanctuary, and Mango Materials company are jointly collaborating to develop bioplastics engineered to degrade in the ocean. The biopolymer polyhydroxybutyrate (PHB), a natural polyester derived from carbon-assimilating microorganisms, serves as the foundation material for this method.
  • In August 2022, a more ecologically friendly variation of their popular polyamide (PA) product, StanylB-MB (Bio-based Mass Balanced), was introduced by DSM Engineering Materials. It comprises up to 100% bio-based material. As a result, this product line's carbon footprint may be cut in half by DSM Engineering Materials.

Biopolymers Key Market Trends

  • In order to replace traditional fossil-based plastic coatings used in grease-resistant fast-food packaging, new non-polluting biomaterials are being developed. The typical coating for grease-resistant paper includes plastic and other unfriendly substances like polyfluoroalkyl substances (PFASs), but the new prototype coating satisfies the functional needs of traditional grease-resistant packaging materials while also offering an environmentally sustainable solution. The end result is a significant step toward developing a sustainable, environmentally conscious biopolymer of the future. Natural polymers that are derived from seaweeds are used as biomass for the novel coating formulation. Depending on the application, these extracts are changed using a patented processing technology to create functional biopolymer sheets that may be sliced or coated onto different surfaces. The structure of the seaweed extracts is comparable to that of the natural fibres used to make paper. Innovative professional techniques used in the production of the biodegradable film increase the grease-resistance property of the seaweed by straightforward adjustments without impacting the biodegradability of recyclability of the coated paper.

Biopolymers Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our Global Biopolymers Market analysis, currently all of the main producers of food and beverages use plastic, and they are all in an excellent position to switch to packaging their products in bioplastic. As a result, once a fully commercial bioplastic is available, it is anticipated that the bioplastics sector would grow. Globally, governments are launching programmes for biopolymers. Biopolymers are used in the manufacture of medical devices to replace or repair some sick, damaged, or non-functional parts of tissue or bone, including replacement joints, heart valves, arteries, teeth, tendons, ligaments, and eye lenses. The medical device sector is expanding quickly due to factors including ageing populations and technical advancements in medical equipment.

Report Metric Details
Market size value in 2019 USD 9.93 billion
Market size value in 2031 USD 37.15 billion
Growth Rate 15.79%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Biodegradable and Non-Biodegradable/Biobased
  • Molding Process
    • Extrusion, Injection, Melt compounding & Others
  • Application
    • Films, Bottles, Fibers, Seed Coating, Vehicle Components, Medical Implants and Others
  • End Users
    • Packaging, Consumer Goods, Automotive & Transportation, Textiles, Agriculture & Horticulture
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • BASF SE
  • NatureWorks LLC
  • Braskem SA
  • Total SE
  • Arkema SA
  • Corbion NV
  • Novamont S.p.A.
  • Mitsubishi Chemical Corporation
  • DuPont de Nemours, Inc.
  • Eastman Chemical Company
  • Biome Bioplastics Limited
  • Plantic Technologies Limited
  • Danimer Scientific, Inc.
  • Rodenburg Biopolymers BV
  • KANEKA Corporation
  • Bio-On S.p.A.
  • BioBag International AS
  • Innovia Films Ltd.
  • Toray Industries, Inc.
  • Solanyl Biopolymers Inc.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Biopolymers Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Biopolymers Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Biopolymers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Biopolymers Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Biopolymers Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Biopolymers Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Biopolymers Market size was valued at USD 9.93 billion in 2019 and is poised to grow from USD 11.5 billion in 2023 to USD 37.15 billion by 2031, growing at a CAGR of 15.79% in the forecast period (2024-2031).

Global Biopolymers Market is fragmented and competitive. To increase their market share, the major companies in the international market are implementing a variety of business tactics, including mergers and acquisitions, expansions, and investments. Major players operating in the global bioplastics & biopolymers market include NatureWorks, Braskem, BASF and Total Corbion. Prominent firms are investing in the launch of new products to increase their market presence and consumer base. 'BASF SE', 'NatureWorks LLC', 'Braskem SA', 'Total SE', 'Arkema SA', 'Corbion NV', 'Novamont S.p.A.', 'Mitsubishi Chemical Corporation', 'DuPont de Nemours, Inc.', 'Eastman Chemical Company', 'Biome Bioplastics Limited', 'Plantic Technologies Limited', 'Danimer Scientific, Inc.', 'Rodenburg Biopolymers BV', 'KANEKA Corporation', 'Bio-On S.p.A.', 'BioBag International AS', 'Innovia Films Ltd.', 'Toray Industries, Inc.', 'Solanyl Biopolymers Inc.'

The market is expanding because of a change in consumer preference for plastic products that are environmentally friendly. The commercial development of bioplastics is being aided by consumer knowledge of sustainable plastic options and inescapable efforts to eliminate the use of conventional, non-biodegradable plastics. Conventional plastics, which are mostly made of oil, take a very long time to separate or degrade and spend a considerable amount of time in landfills. When discarded, biodegradable plastics dissociate more quickly and are reincorporated into the environment's regular structure. Additionally, biodegradable polymers degrade far more quickly than conventional plastics do through the actions of microbes.

In order to replace traditional fossil-based plastic coatings used in grease-resistant fast-food packaging, new non-polluting biomaterials are being developed. The typical coating for grease-resistant paper includes plastic and other unfriendly substances like polyfluoroalkyl substances (PFASs), but the new prototype coating satisfies the functional needs of traditional grease-resistant packaging materials while also offering an environmentally sustainable solution. The end result is a significant step toward developing a sustainable, environmentally conscious biopolymer of the future. Natural polymers that are derived from seaweeds are used as biomass for the novel coating formulation. Depending on the application, these extracts are changed using a patented processing technology to create functional biopolymer sheets that may be sliced or coated onto different surfaces. The structure of the seaweed extracts is comparable to that of the natural fibres used to make paper. Innovative professional techniques used in the production of the biodegradable film increase the grease-resistance property of the seaweed by straightforward adjustments without impacting the biodegradability of recyclability of the coated paper.

Europe dominated the Global Biopolymers Market in 2021. The region's market is expanding as a result of increased usage of bioplastics and biopolymers in sectors including packaging, consumer products, and transportation. Consumer preference for bio-based and biodegradable items has risen as a result of rising environmental concerns and the implementation of strict environmental regulation. By 2028, all used packaging must be recyclable and reusable, thanks to initiatives being implemented in the area. During the forecast period, investments in research & development of cutting-edge materials and technological innovation will further contribute to market expansion. The rapid use of plastics and growing consumer awareness of bio-based products are the region's key market-driving factors. Consumers cannot employ the techniques under the European Union's directive against plastic bags. The use of standard plastic bags for packing fruits and vegetables has been outlawed in France under the energy transition for green growth legislation. Consequently, it is anticipated that the limits that restrict the use of traditional plastic bags will accelerate the expansion of the biopolymers market sectors in the European regions.

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Global Biopolymers Market

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