The global bio-plastics market is expected to witness a significant contribution to the overall plastic market, by registering a robust growth rate of nearly 29% by 2020. Growing beverage packaging industry, government push to adopt bio-based materials, rising consumer acceptance for bio-plastics are among the prominent factors driving the demand for bio-plastics products across the globe. Also, an influx of new bio-based plastic products specifically for automotive and packaging applications by key players such as E. I. du Pont de Nemours and Company and Toray Industries, Inc. is expected to bolster the market growth thereby increasing competitiveness in the market. Geographically, Asia Pacific represents a huge market potential followed by Europe and North America wherein packaging, bottle and automotive application hold a significant share.
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In this study, we analyze the Global Bio-plastics Market during 2014-2020. We focus on:
Market size and forecast, 2013-2020
Key drivers and developments in bio-plastics
Key Trends and Developments of bio-plastics products in applications such as bottle, other packaging, food-services, agriculture/horticulture, nsumer products, automotive and others
Key Drivers and developments in particular regions such as North America, Europe, Asia Pacific and RoW
Government policies and initiatives for bio-plastics market in all four regions
Key Segments Covered
Material Type:
Bio-PET, Bio-PE, Bio-PA, Bio-degradable Polyesters, PLA & PLA Blends, Starch Blends, PHA and others (Durable Starch Blend, Bio-TPE, Bio-PUR, Bio-PC, Cellulose Derivatives and PCL)
Applications
Bottle, other packaging, food-services, agriculture/horticulture, consumer products, automotive and others
Key Geographies Covered
North America, Europe, Asia Pacific and RoW
Other Key Topics
Bio-plastics life cycle, government initiative and...