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The global bioplastics market is projected to be worth USD 25.27 Billion by 2027, according to a current analysis by Emergen Research. The bioplastics market is experiencing rapid growth attributed to its increasing demand in end-use applications, such as packaging, textile, automotive & transportation, consumer goods, agriculture, and building & construction. Besides, supportive government initiatives and offering subsidies to promote the growth of bioplastics are driving the market's growth. In 2018, the Japanese Ministry of Environment made an announcement for the inclusion of USD 45.0 million/JPY 5.0 Billion in the FY2019 budget for developing products manufactured from bio-plastics and provide subsidies to firms that make paper substitutes to plastic.
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Competitive Overview
The global Bioplastics industry is highly competitive owing to the presence of several renowned market players, which are keen on enhancing their market shares, implementing different marketing strategies. The leadingcompanies functioning in the business sphere are profiled on the basis of their product portfolios, product differentiation, product price, quality, brand, etc. Researchers have observed that themarket playersare increasingly shifting their focus towards product customization with the help of robust customer interaction. The report enumerates the varying operating patterns of these vendors, such as partnerships & collaborations, mergers & acquisitions, and product launches. Furthermore, it includes a list of the leading vendors in the market. The leading players profiled in the report include BASF SE, NatureWorks, Biome Plastics, Braskem, Biotec, Total Corbion, Plantic Technologies, Mitsubishi Chemical Holdings Corporation, Novamont SPA, and Toray Industries, among others.
Key Highlights From The Report
Emergen Research has segmented the global bioplastics market on the basis of type, distribution channel, application, and region:
Regions Covered in This Report:
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Key points covered in the report:
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Bioplastics Market Segmentation & Impact Analysis
4.1. Bioplastics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for bioplastics in the packaging sector
4.2.2.2. Growing awareness about eco-safety
4.2.2.3. Surging demand for bioplastics in additive manufacturing
4.2.2.4. Growing emphasis on sustainability
4.2.2.5. Supportive government initiatives and regulations
4.2.3. Market restraints analysis
4.2.3.1. Cost-prohibitive than conventional plastic
4.2.3.2. Availability of substitutes
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
CONTINUED…!
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
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