Visitors Now:
Total Visits:
Total Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Bioplastics Market 2016 Trend, Analysis and Overview

Tuesday, November 22, 2016 4:30
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Bioplastic is a biodegradable product, which is derived from the renewable sources. These renewable sources include natural products such as potatoes, vegetable oil, rice, pea starch, tapioca, corn starch, sugar cane, wheat, grains, and cellulose from wood. Currently, there are many types of bioplastics in the global market, which are directly extracted from biomass, processed polymers, bio-based precursors such as PLA, and polymers manufactured by using derivatives of bacteria such as polyhydroxy butyrate and PHA. Bioplastics are different from conventional plastics and are used in the production of tools, bags, furniture, carpets, films, bottles, cups, and other packaging materials. Production of bioplastics reduces CO2 emissions by 31%-71% in comparison with other conventional plastics.

The global bioplastics market is driven by the emergence of renewable resources, biomass, and bio-based raw materials such as starch and vegetable crop derivatives. In 2015, bio-based bioplastics accounted for more than 80% of the global bioplastics market. The use of bioplastics in numerous applications such as packaging and domestic goods has facilitated plastics manufacturers to reduce the overdependence on petroleum-based plastics. 

Publisher’s analysts forecast the global bioplastics market to grow at a CAGR of 29.3% during the period 2016-2020.

For more information about this report: http://www.reportsweb.com/global-bioplastics-market-2016-2020              

Covered in this report 
The report covers the present scenario and the growth prospects of the global bioplastics market for 2016-2020. To calculate the market size, Publisher considers the revenue generated from the total consumption of bioplastics globally. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on geography: 
- APAC
- Europe
- North America
- ROW

Publisher’s report, Global Bioplastics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
- BASF
- NatureWorks
- Arkema
- Novamont
- Plantic

 

Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001291965/sample     

 

Other prominent vendors 
- DSM
- DuPont
- Evonik Industries
- Ecospan
- Toray Industries 

Market driver 
- Changing consumer preference toward eco-friendly packaging
- For a full, detailed list, view our report 

Market challenge 
- Cost-effectiveness of conventional plastic over bioplastics
- For a full, detailed list, view our report 

Market trend 
- Consumption of bioplastics in novel applications
- For a full, detailed list, view our report 

Inquire for Report at http://www.reportsweb.com/inquiry&RW0001291965/buying          

Contact Us:

Call: +1-646-491-9876
Email: sales@reportsweb.com

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.