Bioplastics

Bioplastics Market by Raw Material (Aliphatic Polyesters, Cellulose-Based, Starch-Based), Degradability (Biodegradable, Compostable, Degradable), Processing Method, End-User - Global Forecast 2024-2030

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[181 Pages Report] The Bioplastics Market size was estimated at USD 14.10 billion in 2023 and expected to reach USD 15.94 billion in 2024, at a CAGR 13.25% to reach USD 33.72 billion by 2030.

Bioplastics Market
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Bioplastics are materials derived from renewable sources such as plants, microorganisms, and agricultural waste that can function as alternatives to conventional plastics produced from fossil fuels. They exhibit similar properties to traditional plastics regarding flexibility, durability, and lightweight performance, making them suitable for various applications in packaging, automotive components, electronics, agriculture, and medical devices. Increasing environmental concerns and stricter regulations regarding plastic waste disposal have led to a higher demand for eco-friendly alternatives such as bioplastics. Rising public awareness about using sustainable products also drives the adoption of bioplastics. However, the production cost of bioplastics is higher than that of conventional plastics due to feedstock prices, economies of scale, and investment in research & development. Moreover, the development of new application areas for bioplastics and research to develop high-performance biopolymers with enhanced properties can broaden their adoption across various industries.

Bioplastics Market - Global Forecast 2024-2030
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Raw Material: Proliferating demand for cellulose-based bioplastics

Aliphatic polyesters are biodegradable and biocompatible polymers derived from renewable resources, including corn or sugarcane, and include polylactic acid (PLA) and polyhydroxyalkanoates (PHA). These materials have gained popularity in various industries, including packaging, agriculture, textiles, and medical applications, due to their enhanced mechanical properties and eco-friendly nature. PLA is widely used for single-use disposable items such as food containers, whereas PHA is utilized in the production of biodegradable films. Cellulose-based bioplastics are derived from plant-derived cellulose fibers, which offer high tensile strength and good barrier properties against oxygen and water vapor and include cellulose acetate (CA), cellulose acetate butyrate (CAB), and cellophane films. These materials are preferred in applications where transparency or flexibility is important, such as eyewear frames or flexible packaging solutions for food products. Starch-based plastics are manufactured by blending native starch with other biopolymers to improve their mechanical properties. These materials show excellent film-forming capabilities, making them suitable for uses such as shopping bags or agricultural mulch films that require a short service life before becoming compostable. Sugarcane-based bioplastics, primarily polyethylene (PE) derived from bioethanol, are produced using sugarcane as a feedstock. It exhibits similar properties to conventional PE and is used in applications such as consumer goods packaging, automotive components, and construction materials. Aliphatic polyesters have versatile applications and inherent biodegradability. PLA has enhanced compatibility with various processing techniques and widespread market acceptance. Cellulose-based bioplastics are popular for their transparency and flexibility, while starch-based materials are used in short-service life applications. Sugarcane-derived Bio-PE offers a more sustainable alternative to traditional petrochemical plastics without compromising performance or application scope.

Degradability: Significant penetration of compostable bioplastics

Biodegradable bioplastics are designed to break down naturally into water, carbon dioxide, and biomass under the action of microorganisms. These materials are ideal for applications where disposal in natural environments is required or preferred. Some common biodegradable bioplastics include Polyhydroxyalkanoates (PHA), Polylactic Acid (PLA), and Polybutylene Succinate (PBS). Compostable bioplastics are a subcategory of biodegradable plastics that decompose entirely under specific composting conditions within a set time frame, leaving no toxic residues behind. These materials meet strict standards and can be industrially composted. Compostable bioplastics are well-suited for food service items, such as cutlery, plates, and cups, as well as compostable bags used for collecting organic waste. Degradable plastics break down through physical or chemical processes; however, they may not necessarily be derived from renewable resources or decompose into environmentally safe byproducts. Oxodegradable plastics and photodegradable plastics are often petroleum-based and treated with additives that enable fragmentation under specific conditions, such as exposure to heat, light, or oxygen. Biodegradable and compostable bioplastics offer more environmentally friendly options than degradable plastics, as they decompose into harmless byproducts and do not contribute to microplastic pollution.

Processing Method: Growing popularity of injection molding in bioplastic manufacturing

Extrusion is a continuous process where raw bioplastic materials, in the form of pellets or powder, are melted and forced through a shaping die to produce films, sheets, tubes, profiles, and fibers. This method is preferred when manufacturing packaging materials, construction components, automotive parts, and textiles. Extrusion is ideal for large-scale production with relatively low tooling costs. It allows for flexible designs with unique cross-sectional shapes and permits continuous production without size limitations. Injection molding involves injecting molten bioplastic material under high pressure into a mold cavity shaped as the desired end product. It's commonly used for producing automotive components, household appliances, consumer electronics enclosures, toys, medical devices, and disposable cutlery. Injection molding offers precise control over design details with high surface finish quality and dimensional accuracy. Extrusion caters to simpler geometries and larger continuous applications, while injection molding provides higher precision and flexibility for intricate designs.

End-User: Expanding applications of bioplastics in healthcare

The agriculture sector has a growing need for bioplastics due to environmental and economic concerns, including reducing plastic waste and raising the sustainability of agricultural practices. Biodegradable mulch films, seed coatings, twine, and stakes are bioplastic applications in agriculture. Automakers increasingly prefer bioplastics as they aim to reduce vehicle weight, decrease carbon emissions, and promote sustainability. Biopolymers such as PLA or bio-based polyamides find applications in interior parts such as seat cushions and dashboard components. Consumer goods manufacturers adopt bioplastics for sustainable packaging solutions across electronics, personal care products, and toy industries. Bioplastics are increasingly utilized in the healthcare sector for applications, including medical devices, implants, and disposable products. The preference stems from their biocompatibility and reduced carbon footprint. The packaging industry is the largest consumer of bioplastics due to consumer demand and regulatory pressure for sustainable alternatives to traditional plastics. Key applications include food packaging, beverage bottles, shopping bags, and biodegradable films. Bioplastics play a significant role in the textile industry due to their biodegradability and reduced environmental impact compared to synthetic fibers such as polyester or nylon. Applications range from clothing fibers, including polylactic acid (PLA), and footwear components.

Regional Insights

The bioplastic market is evolving in the Americas with a strong focus on sustainability and reducing plastic pollution and investments in research and development (R&D) for innovative bioplastic solutions. The Europe, Middle East, and Africa region exhibits a varied landscape for bioplastics development owing to the efforts towards a circular economy by implementing policies and introducing legislation encouraging innovation in bioplastics. Africa, though currently having a small share of the global bioplastics market, offers considerable growth potential due to increasing consumer awareness of environmental concerns and regional governments' policy initiatives against single-use plastics. The Asia Pacific region is witnessing rapid bioplastic advancements, primarily owing to the focus on reducing plastic waste, leading to growing demand for biodegradable materials. Besides, ongoing 3D printing of bioplastics and expanding applications in healthcare are anticipated to boost the demand for bioplastics worldwide.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Bioplastics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Bioplastics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Sulzer Signs Agreement with Jindan New Biomaterials in China for Production of Biobased Plastic

    Sulzer and Jindan have joined forces in a collaborative effort to produce biodegradable bioplastics. Their partnership is driven by the goal of developing recyclable and compostable bioplastics. By combining Sulzer's expertise in polymer technology with Jindan's advanced materials, they aim to increase the availability of sustainable plastic solutions for various applications. [Published On: 2023-06-01]

  • Amazon Invests in Female-Led Bioplastics Company

    Amazon has invested in Genecis, a bioplastics company, which offers an environmentally friendly alternative to traditional plastic. Genecis utilizes a biotechnological process that converts food waste into bioplastic. This investment empowers Amazon to drive sustainable practices and reduce its carbon footprint. By supporting Genecis, Amazon strengthens its commitment to promoting a greener future. [Published On: 2023-03-09]

  • CBD Global Sciences to Acquire Pure BioPlastics

    CBD Global Sciences, Inc. entered into a binding letter of intent to acquire Pure Bioplastics Inc. This strategic acquisition will significantly enhance Global Sciences' capabilities in the bioplastics sector. This move underscores Global Sciences' dedication to sustainable and environmentally friendly solutions as bioplastics continue to gain prominence in the market. [Published On: 2022-03-25]

Key Company Profiles

The report delves into recent significant developments in the Bioplastics Market, highlighting leading vendors and their innovative profiles. These include Arkema S.A., Avantium N.V, BASF SE, Bewi Group, Bio-on S.p.A., Biome Bioplastics Limited, Braskem SA, Carbios, Celanese Corporation, Clondalkin Group Holdings B.V., Danimer Scientific, Eastman Chemical Company, FKuR Kunststoff GmbH, GC International by PTT Global Chemical PLC, Good Natured Products Inc., Green Dot Bioplastics Inc., Ilkwang Polymer Co.,Ltd., Kuraray Co., Ltd., Mitsubishi Chemical Corporation, Natur-Tec by Northern Technologies International Corporation, NatureWorks LLC, Neste Oyj, Novamont SpA, Plantic Technologies Ltd., Roquette Frères, TianAn Biologic Materials Co., Ltd., Toray Industries Inc., TotalEnergies Corbion BV, and UrthPact, LLC.

Market Segmentation & Coverage

This research report categorizes the Bioplastics Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Raw Material
    • Aliphatic Polyesters
    • Cellulose-Based
    • Starch-Based
    • Sugarcane-Based
  • Degradability
    • Biodegradable
    • Compostable
    • Degradable
  • Processing Method
    • Extrusion
    • Injection Molding
  • End-User
    • Agriculture
    • Automotive
    • Consumer Goods
    • Healthcare
    • Packaging
    • Textile

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Bioplastics Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Bioplastics Market?
  3. What are the technology trends and regulatory frameworks in the Bioplastics Market?
  4. What is the market share of the leading vendors in the Bioplastics Market?
  5. Which modes and strategic moves are suitable for entering the Bioplastics Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Bioplastics Market, by Raw Material
  7. Bioplastics Market, by Degradability
  8. Bioplastics Market, by Processing Method
  9. Bioplastics Market, by End-User
  10. Americas Bioplastics Market
  11. Asia-Pacific Bioplastics Market
  12. Europe, Middle East & Africa Bioplastics Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 382]
  17. List of Companies Mentioned [Total: 29]
Bioplastics: A Green Alternative for Agriculture and Textile Industry
November 13, 2023
BLOG
Bioplastics: A Green Alternative for Agriculture and Textile Industry
In recent years, we have witnessed an increased demand for eco-friendly alternatives in the agriculture and textile industry. This demand is driven by the need to reduce plastic waste, carbon footprints, and the negative environmental impact of traditional manufacturing processes. Bioplastics have emerged as a promising green alternative to traditional plastics and offer a sustainable solution that meets the surging demand for eco-friendly products. This blog explores the scope of bioplastics, their benefits, and the increasing use of bioplastics in the agriculture and textile industry.

The Scope of Bioplastics:

Bioplastics are made from renewable sources, including corn starch, sugarcane, and cellulose. They are biodegradable and compostable and do not leave toxic residues upon degradation. Bioplastics are developed through a process that involves the transformation of the raw materials into monomers, which are then polymerized into a plastic material. Bioplastics are divided into two types: bio-based and biodegradable. Bio-based bioplastics are derived from natural sources and are non-toxic. Biodegradable bioplastics are designed to break down quickly into natural substances such as water (H2O) and carbon dioxide (CO2), thus mitigating the amount of waste that ends up in landfills.

Benefits of Bioplastics:

Bioplastics offer several advantages over traditional plastics, such as reducing carbon emissions and the use of finite resources. Bioplastics have a lower carbon footprint compared to fossil-based plastics as they derive from renewable sources that absorb carbon dioxide during their growth. Bioplastics also reduce the environmental impact of traditional manufacturing processes, as they require lower energy use during processing. Additionally, bioplastics hold promise in reducing waste, as they are designed to decompose naturally after their use, thus reducing the amount of waste that ends up in landfills.

Increasing use of bioplastics in the agriculture industry:

The agriculture industry relies heavily on plastics in its production process, with the use of traditional plastics reaching 100 million tons annually. The use of bioplastics in agriculture can reduce the carbon footprint related to the production and disposal of traditional plastics. Bioplastics can be used for various purposes in the agriculture industry, such as mulching, seedling trays, and packaging. Bioplastics also offer advantages in terms of soil fertility, as they break down and release nutrients that can enhance soil quality.

Increasing use of bioplastics in the textile industry:

The textile industry is a major contributor to plastic pollution due to its reliance on synthetic fibers and packaging materials. Bioplastics offer sustainable options to traditional plastics in the textile industry, and companies are increasingly using them in their manufacturing processes. Bioplastics can be used in textile production for various purposes, such as packaging, fibers, and coatings. For instance, bioplastics can be used for non-woven textiles that have applications in hygienic products, agricultural textiles, and automotive textiles.

Challenges and Future of Bioplastics:

Despite the benefits offered by bioplastics, there are still challenges that need to be addressed, such as the high cost of production and the limited availability of raw materials. The development of bioplastics is still at an early stage, and researchers are exploring ways to improve the quality, efficiency, and cost-effectiveness of bioplastics. The future of bioplastics is promising, as new developments and innovations are expected to make bioplastics more accessible and cost-effective in the years to come.

Bioplastics offer a sustainable solution to the increasing demand for eco-friendly products in the agriculture and textile industry. Bioplastics are made from renewable sources, reduce carbon emissions, and are designed to decompose naturally, thus lowering the amount of waste that ends up in landfills. The agriculture and textile industries are key areas where bioplastics hold promise in reducing the environmental impact of traditional manufacturing processes. Despite the challenges, the future of bioplastics looks promising, as researchers are exploring ways to improve the quality and cost-effectiveness of bioplastics and make them accessible to various industries.

Frequently Asked Questions
  1. How big is the Bioplastics Market?
    Ans. The Global Bioplastics Market size was estimated at USD 14.10 billion in 2023 and expected to reach USD 15.94 billion in 2024.
  2. What is the Bioplastics Market growth?
    Ans. The Global Bioplastics Market to grow USD 33.72 billion by 2030, at a CAGR of 13.25%
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