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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.