Bioplastics and Biopolymers Market Size – By Type (Biodegradable and Non-Biodegradable), By Raw Material Source (Sugarcane, Corn, Cassava, Potatoes, Vegetable Oils & Fatty Acids, Wood and Cellulose, Algae and Others), By Application (Packaging, Consumer Goods, Automotive and Transportation, Textile, Agriculture and Others) & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-11-18
- NO OF PAGES
- 260
- CATEGORY
- Chemicals & Materials
Market Overview
The Bioplastics and Biopolymers market report is predicted to develop at a compound annual growth rate (CAGR) of 20.4% from 2024 to 2034, when global Bioplastics and Biopolymers market forecast size is projected to reach USD 78.35 Billion in 2034, based on an average growth pattern. The global Bioplastics and Biopolymers market revenue is estimated to reach a value of USD 17.48 Billion in 2024.
SOURCE: We Market Research
The Global
Bioplastics and Biopolymers Market refers to the industry involved in the
production, development, and use of plastics and polymers derived from renewable
biological sources such as plants, algae, and biomass.
The global
bioplastics and biopolymers market is experiencing significant growth due to
increasing environmental concerns, the need for sustainable alternatives to
traditional plastics, and rising consumer demand for eco-friendly products.
Bioplastics are derived from renewable sources such as plants, biomass, and
algae, while biopolymers refer to polymers produced through biological
processes. These materials offer a wide range of applications across industries
such as packaging, automotive, agriculture, and consumer goods.
Global Bioplastics and Biopolymers Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 17.48 Billion |
|
Market
Forecast in 2034 |
USD 78.35 Billion |
|
CAGR % 2024-2034 |
20.4% |
|
Base
Year |
2023 |
|
Historic Data |
2019-2023 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Type, By
Raw Material Source, By Application and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Market Dynamics & Restraints
Global Bioplastics and Biopolymers Market Opportunity:
We Market
Research: Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Bioplastics and Biopolymers market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.