The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s Bioplastics Global Market Report 2023 offers crucial insights into the bioplastics market help businesses analyse and build stronger strategies.

Five Key insights from the forecast include:

1. Market Size – The global bioplastics market size is expected to grow from $7.81 billion in 2022 to $9.08 billion in 2023 at a compound annual growth rate (CAGR) of 16.3%. The bioplastics market size is expected to grow to $17.13 billion in 2027 at a CAGR of 17.2%.

Rising public awareness of the importance of bioplastics is projected to propel the industry ahead.

2. Key Trend – Companies in the market are increasing their investment in environmentally friendly bioplastics. Proteins, starch, and polylactic acid (PLA) are used to make bioplastics, which are made from biodegradable and renewable materials. In recent years, the number of available goods and providers has expanded, resulting in growing use of bioplastics in commercial markets around the world

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3. Largest Region – Asia-Pacific was the largest region in the bioplastics market in 2022.
4. Major Players – Major players in the bioplastics market are BASF SE, Corbion NV, Danimer Scientific, Mitsubishi Chemical Holdings, Novamont SPA, PTT Global Chemical, FKuR Kunststoff GmbH
5. Top Market Segments –

• By Type: Biodegradable, Non-Biodegradable
• By Distribution Channel: Online, Offline
• By Application: Rigid Packaging, Flexible Packaging, Textile, Agriculture And Horticulture, Consumer Goods, Automotive, Electronics, Building And Construction, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global bioplastics market in 2021.

Read The Full Bioplastics Market Report Here:
https://www.thebusinessresearchcompany.com/report/bioplastics-global-market-report

The Bioplastics Global Market Report 2023  provides a comprehensive outlook of the bioplastics market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The bioplastics market forecast offers a thorough analysis on bioplastics market size, bioplastics market share, prominent players and their strategies.

Bioplastics are utilised to reduce plastic waste pollution, which suffocates the globe and pollutes the ecosystem.  Bioplastics are plastics made from natural or renewable resources such as vegetable oils, starch, sugarcane, maize and microbes such as yeast. Bioplastics are environmentally friendly, biodegradable, and biocompatible. Bioplastics are important in a variety of industrial uses, including food packaging, agriculture, horticulture, composting bags, hygiene, and others.

The Table Of Content For The Bioplastics Market Include:
1. Bioplastics Market Executive Summary
2. Bioplastics Market Segments
3. Bioplastics Market Size And Bioplastics Market Growth Rate
4. Key Bioplastics Market Trends
5. Major Bioplastics Market Drivers
……
25. Key Mergers And Acquisitions In The Bioplastics Market
26. Top Bioplastics Companies
27. Bioplastics Market Opportunities And Strategies
28. Bioplastics Market, Conclusions And Recommendations
29. Appendix

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