Bioplastics global market to witness robust 22% CAGR (2007-2017) to reach 1.9 million MT

Tuesday 03 Jan 2012

Hyderabad, Industry Experts, a multi industry focused market research firm, announces availability of the new global market report ’Bioplastics – A Global Market Overview’ its Chemicals catalogue.
Bioplastics are no longer the exclusive realm of biodegradable or compostable plastics made from natural materials such as corn or starch. In fact, bioplastics are also being applied to degradable petroleum based plastics, natural-based plastics that are not necessarily biodegradable and plastics containing both petroleum-based and plant-based materials that could biodegrade or not. Growing public concern regarding the environment, climate change and constricted fossil fuel resources represent key drivers for governments, companies, and researchers to unveil safer alternatives to petroleum-based plastics.
The report reviews and analyses the worldwide market for Bioplastics for the global and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World. The regional markets further analyzed for 10 independent countries across North America – the United States, Canada and Mexico; Europe – France, Germany, Italy, the United Kingdom and Rest of Europe; Asia-Pacific – China, Japan and Rest of Asia-Pacific; South America – Brazil and Rest of South America.
Bioplastic product categories analyzed in this study include Biodegradable Bioplastics – Starch Based, Polylactic Acid and Other Biodegradable Bioplastics; and Non-Biodegradable Bioplastics. The report also analyses the global end-use markets for bioplastics comprising Packaging, Textiles, Agriculture, Medical, Electronics and other applications such as food service and automotive. Global market for Bioplastics to touch 1.9 million metric tons by 2017 from an estimated 264 thousand metric tons in 2007, growing by a CAGR of 22% during 2007-2017. The market for 2011 is estimated at 476 thousand metric tons and expected to reach 574 thousand metric tons.
This 376 page global market report includes 246 rich data tables, supported with meaningful and easy to understand graphical presentation, of market numbers. The statistical tables represent the data for the global market consumption volumes by geographic regions, Bioplastic types and application areas. The report also profiles 49 key global players and 58 major players across North America – 16; Europe – 20; Asia-Pacific – 19; and South America – 3. The report also provides the listing of the companies engaged in research and development, processing, supplies and distribution of Bioplastics. The global list covers the addresses, contact numbers and the website addresses of 231 companies.

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