Biopolymers have found wide acceptance in various industries, on account of its distinguished environment friendly properties.
Impact Corona on Bioplastics
Currently, the penetration of biopolymers is increasing in packaging, bottles, and automotive at a very high pace around the globe.
The key drivers for increasing demand of biopolymers in all the sectors are biodegradability of these materials, and positive attitude of government towards green procurement policies.
On the other hand, increasing scope in end user segment and under penetration in Asian countries are the major upcoming opportunities in the market, and technological developments, and innovations are identified as key strategies to capitalize on these opportunities.
Among major biopolymers, Polyhydroxyalcanoate (PHA) is an emerging market and its demand is growing at good pace.
There is a lot of scope in the Asia-Pacific market due to strong and increasing manufacturing and industrial base, which are the major end consumers of biopolymers.
Plastic News – 2nd June
Additionally, increasing need in Europe for high performance material for fibers and injection molding is pushing the demand for Polylactic acid (PLA) at a considerable pace.
With the emerging technological developments and innovations in Europe, the demand for biopolymers is likely to further increase at a high pace.
The segmentation by type of bioplastics includes bio-PET, bio-PE, PLA, PHA, bio-PBS, starch blends, and regenerated cellulose; while on the basis of its application the segmentation includes packaging, bottles, fibers, agriculture, automotive, injection molding and others.
It also includes the company profiling and competitive strategies adopted by various market players including NatureWorks LLC (U.S), Metabolix Inc. (U.S), and Braskem S.A. (Brazil), Meredian Inc. (US), Indorama ventures Public Co. Ltd (Thailand), Novamont S.P.A (Italy), and so on.
- Bioplastics Brands
- Bioplastics Awards
- What is the Difference Between Biodegradable, Compostable and OXO Degradable?
- The History and Most Important Innovations of Bioplastics
- What are Drop-In Bioplastics?
- History of Cellophane
- The History of Elephant Grass Bioplastics
- Bioplastics Companies
- Top Bioplastics Producers
- Polylactic acid or polylactide (PLA)
- What is Bio-BDO?
- Mater-Bi Biopolymers
- ExxonMobil Invests in BioPolymers