Bioplastics Market by Type, Application, and Geography - Forecast and Analysis 2023-2027

Published: Jan 2023

Pages: 183

SKU: IRTNTR45590

Snapshot

Bioplastics Market Forecast 2023-2027

The Bioplastics Market size is estimated to grow by USD 114.24 billion between 2022 and 2027 at a CAGR of 27.53%. The market's expansion hinges on various factors, notably the rise of bio-based and renewable materials as sustainable alternatives, addressing environmental concerns in packaging. Consumers' shifting preferences towards eco-friendly packaging solutions further drive market growth, reflecting a broader trend towards sustainability. Government initiatives aimed at promoting bioplastic packaging usage, such as incentives and regulations, also play a pivotal role in shaping market dynamics. As sustainability becomes a key focus across industries, bioplastic packaging emerges as a viable solution, offering both environmental benefits and functional performance. With increased awareness and support from stakeholders, the market for bioplastic packaging is poised for significant growth, catering to the evolving needs of environmentally-conscious consumers and businesses alike.

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Market Segmentation

This report extensively covers market segmentation by Type (non-biodegradable and biodegradable), Application (packaging and food service, agriculture and horticulture, CG and HA, automotive, and others), and Geography (Europe, North America, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Market Dynamics and Customer Landscape

The market is experiencing a paradigm shift towards renewable feedstocks, as eco-friendly properties gain prominence in addressing environmental issues. Biodegradable products, such as bioplastics, are becoming increasingly popular due to their carbon dioxide emission reduction capabilities. Hybrid material innovations, including starch blends, PBS (Polylactic Acid), PBAT (Polybutylene Adipate Terephthalate), PHA (Polyhydroxyalkanoate), Polycaprolactone, and Cellulose acetate, are driving the market forward. Flexible packaging, food items, and electronics industries are major consumers of bioplastics. However, production halts due to insufficient composting infrastructure and higher costs compared to traditional plastics like Polyethylene and Polypropylene remain challenges. The market is expected to grow as cheaper alternatives and advancements in technology are explored. Nature continues to inspire new degradable packaging films and biodegradable plastics, ensuring a circular economy for a sustainable future. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The emergence of bio-based and renewable raw materials is driving market growth. The market is experiencing significant growth due to the increasing utilization of bioplastics in various sectors, particularly in packaging and food service. This shift is driven by the availability of renewable resources, such as biomass and bio-based raw materials like starch and vegetable crops, which are used to produce bioplastics. Bioplastics, including shopping bags and refuge bags, are gaining popularity as eco-friendly alternatives to traditional petroleum-based plastics. The abundance of raw materials for bioplastics production, which are renewable in origin, contrasts with the limited supply of fossil-based raw materials. As a result, the global outlook for bio-based raw materials for plastics is significantly more positive than that of petroleum-based raw materials, which is expected to drive the growth of the market in focus during the forecast period.

Major Market Challenge

The cost-effectiveness of conventional plastic over bioplastics is a major restraint hindering market growth. The market faces several challenges, including higher production costs of 25%-75% compared to conventional plastics. This is primarily due to the expensive polymerization process and the development stage of most production techniques, which have yet to reach economies of scale. Another hurdle is the absence of a well-established supply chain network at new production sites. In the realm of bioplastics, the technology remains in its infancy, with various raw materials under investigation for optimal production. Currently, the cost of bioplastics ranges from USD 2 to an undisclosed amount. It is essential to note that bioplastics have potential applications in various sectors, such as shopping bags and refuge bags, but their widespread adoption is hindered by the current production cost and technological limitations. High production costs due to small-scale production by vendors, significant R&D expenses, and substantial differences in prices between petroleum-based plastics and bioplastics are other factors that may hinder the growth of the market during the forecast period.

Significant Market Trends

The consumption of bioplastics in novel applications is a trend driving market growth. The market is experiencing notable expansion, particularly in the areas of shopping bags and refuse bags, due to growing sustainability concerns and supportive government regulations. Biodegradable shopping bags offer an eco-friendly alternative to traditional plastic bags, while biodegradable refuse bags facilitate efficient waste management and reduce the need for landfills. In agriculture, biodegradable mulch films are gaining popularity for their cost-effective disposal and environmental benefits. The food industry, specifically catering, is another significant application of bioplastics, which includes the production of biodegradable trays, cutlery, cups, and dishes. Such development is set to positively impact the market during the forecast period.

Customer Landscape

The report includes the adoption lifecycle of the market research and growth, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on market penetration. Furthermore, the market research report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Customer Landscape

Market Segmentation by Type, Application Geography

Type Analysis

The market share growth by the non-biodegradable segment will be significant during the forecast period. The market encompasses sanitary towels, cardboard, coat paper, and various consumer goods such as cups, plates, and containers made from bio-based materials like cornstarch, polylactic acid (PLA), bio polyethylene terephthalate (bio-PET), bio polyethylene (bio-PE), and bio polypropylene (bio-PP). These bioplastics, while not biodegradable, offer carbon footprint reduction and mechanical recyclability.

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The non-biodegradable segment was valued at USD 11.60 billion in 2017 and continue to grow by 2021. The market for non-biodegradable bioplastics is projected to expand substantially due to the transition from conventional plastics. Key players in this sector include Braskem and Arkema. Applications span across industries, including packaging (packmedia), automobiles, and bio-based packaging. Composting infrastructure development and starch blends (PBS, PBAT, PHA, Polycaprolactone, Cellulose acetate) are crucial for the growth of this market. Bioplastics are used in various forms, including films and sheets, jars, containers, bottles, fresh food packaging, and agricultural mulch films. Sugarcane, corn, and castor oil are primary feedstocks for production. PET, PE, PP, polyamide, PETT, PEF, and PVC are common fossil-based plastic counterparts. A shifting focus to reduce the use of conventional plastics is positively propelling the growth of the non-biodegradable segment, which in turn is propelling the development of the market during the forecast period.

Application Analysis

Packaging is the largest application of bioplastics. It has gained significant market traction, particularly in the packaging sector. Approximately 60% of bioplastics are utilized in this application. Notable packaging products include shopping bags and refuge bags, which are manufactured using bioplastics. These eco-friendly alternatives to conventional plastic bags are increasingly popular for carrying groceries and other retail items. Additionally, bioplastics are employed in the production of refuse bags, used for collecting household waste. The demand in packaging applications is driven by the growing trend towards sustainable and eco-friendly solutions. The rising population will boost the demand for food and drive the demand for food packaging materials during the forecast period.

Regional Analysis

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Europe is estimated to contribute 34% to the growth of the market during the forecast period. Technavio’s analysts have elaborately explained the regional market trends and drivers that shape the market during the forecast period. The European market, established over two decades, has reached maturity with significant consumption. Key products include biodegradable sanitary towels, cardboard, coat paper, cups, plates, and packaging made from cornstarch, polylactic acid (PLA), bio polyethylene terephthalate (PET), bio polyethylene, bio polypropylene, and Packmedia. European governments offer subsidies, contributing to market growth.

In 2022, Europe held the largest market share due to high demand for bio-based packaging. This demand is driven by consumers and supported by government bodies for environmental benefits. Applications include films and sheets, jars, containers, bottles, fresh food packaging, and agricultural mulch films. Materials include PBS, PBAT, PHA, Polycaprolactone, cellulose acetate, polyethylene, polypropylene, polyamide, PET, PEF, PVC, and bioplastics derived from sugarcane, corn, and castor oil. Companies like Braskem and Arkema are major players in this market. Hence, the growth of the European food service market will drive demand during the forecast period.

Who are the Major Market companies?

Companies are implementing various strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches to enhance their presence in the market.

Biome Bioplastics.- The company offers bioplastics including BiomeHT90 and BiomeHTX (450).

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Type Outlook
- Non-biodegradable
- Biodegradable
Application Outlook
- Packaging and food service
- Agriculture and horticulture
- CG and HA
- Automotive
- Others
Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Market Analyst Overview

Bioplastics have emerged as a sustainable alternative to traditional fossil fuel-based plastics. The Feedstocks for these include renewable resources such as corn, sugarcane, cellulose, and starch. The European market is one of the leading markets for Bioplastics, with Germany, France, and the Netherlands being major contributors. The products in this market include Biodegradable Plastics, such as Polylactic Acid (PLA) and Polyhydroxyalkanoate (PHA), and Biobased Plastics, such as Polyethylene (PE) and Polypropylene (PP) derived from renewable sources.

Further, the Carbon economy and the Circular economy are driving the demand for Bioplastics, as they offer a reduction in greenhouse gas emissions and a closed-loop production system. Consumption of it is increasing in various sectors, including Packaging, Agriculture, and Automotive. The Production capacity for Bioplastics is also expanding, with new projects in the pipeline. The use of it is not only environmentally friendly but also economically viable, making it a promising market for the future.

Market Scope
Report Coverage	Details
Page number	183
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 27.53%
Market growth 2023-2027	USD 114.24 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	25.74
Regional analysis	Europe, North America, APAC, Middle East and Africa, and South America
Performing market contribution	Europe at 34%
Key countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Arkema SA, BASF SE, Biome Bioplastics Ltd., Braskem SA, Cargill Inc., Corbion NV, DuPont de Nemours Inc., Evonik Industries AG, Finasucre SA, FKuR Kunststoff GmbH, Futerro SA, Koninklijke DSM NV, KURARAY Co. Ltd., Novamont Spa, Resonac Holdings Corp., Saudi Basic Industries Corp., Solvay SA, Teijin Ltd., Toray Industries Inc., and Toyota Tsusho Corp.
Market dynamics	Parent market growth analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2023 and 2027
Precise estimation of the size of the market size and its contribution of the market in focus to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market industry across Europe, North America, APAC, Middle East and Africa, and South America
Thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global bioplastics market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global bioplastics market 2017 - 2021 ($ million)

4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

4.3 Application Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type

6.3 Non-biodegradable - Market size and forecast 2022-2027
- Exhibit 34: Chart on Non-biodegradable - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Non-biodegradable - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Non-biodegradable - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Non-biodegradable - Year-over-year growth 2022-2027 (%)

6.4 Biodegradable - Market size and forecast 2022-2027
- Exhibit 38: Chart on Biodegradable - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Biodegradable - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Biodegradable - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Biodegradable - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ million)

7 Market Segmentation by Application

7.1 Market segments
- Exhibit 43: Chart on Application - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Application - Market share 2022-2027 (%)

7.2 Comparison by Application
- Exhibit 45: Chart on Comparison by Application
- Exhibit 46: Data Table on Comparison by Application

7.3 Packaging and food service - Market size and forecast 2022-2027
- Exhibit 47: Chart on Packaging and food service - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Packaging and food service - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Packaging and food service - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Packaging and food service - Year-over-year growth 2022-2027 (%)

7.4 Agriculture and horticulture - Market size and forecast 2022-2027
- Exhibit 51: Chart on Agriculture and horticulture - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Agriculture and horticulture - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Agriculture and horticulture - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Agriculture and horticulture - Year-over-year growth 2022-2027 (%)

7.5 CG and HA - Market size and forecast 2022-2027
- Exhibit 55: Chart on CG and HA - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on CG and HA - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on CG and HA - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on CG and HA - Year-over-year growth 2022-2027 (%)

7.6 Automotive - Market size and forecast 2022-2027
- Exhibit 59: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Automotive - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

7.7 Others - Market size and forecast 2022-2027
- Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)

7.8 Market opportunity by Application
- Exhibit 67: Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 69: Chart on Market share by geography 2022-2027 (%)
- Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 71: Chart on Geographic comparison
- Exhibit 72: Data Table on Geographic comparison

9.3 Europe - Market size and forecast 2022-2027
- Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027
- Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027
- Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.7 South America - Market size and forecast 2022-2027
- Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 Germany - Market size and forecast 2022-2027
- Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.10 China - Market size and forecast 2022-2027
- Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)

9.11 UK - Market size and forecast 2022-2027
- Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.12 Japan - Market size and forecast 2022-2027
- Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 114: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 116: Overview on factors of disruption

11.4 Industry risks
- Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 118: Vendors covered

12.2 Market positioning of vendors
- Exhibit 119: Matrix on vendor position and classification

12.3 Arkema SA
- Exhibit 120: Arkema SA - Overview
- Exhibit 121: Arkema SA - Business segments
- Exhibit 122: Arkema SA - Key news
- Exhibit 123: Arkema SA - Key offerings
- Exhibit 124: Arkema SA - Segment focus

12.4 BASF SE
- Exhibit 125: BASF SE - Overview
- Exhibit 126: BASF SE - Business segments
- Exhibit 127: BASF SE - Key news
- Exhibit 128: BASF SE - Key offerings
- Exhibit 129: BASF SE - Segment focus

12.5 Biome Bioplastics Ltd.
- Exhibit 130: Biome Bioplastics Ltd. - Overview
- Exhibit 131: Biome Bioplastics Ltd. - Product / Service
- Exhibit 132: Biome Bioplastics Ltd. - Key offerings

12.6 Braskem SA
- Exhibit 133: Braskem SA - Overview
- Exhibit 134: Braskem SA - Business segments
- Exhibit 135: Braskem SA - Key offerings
- Exhibit 136: Braskem SA - Segment focus

12.7 Cargill Inc.
- Exhibit 137: Cargill Inc. - Overview
- Exhibit 138: Cargill Inc. - Product / Service
- Exhibit 139: Cargill Inc. - Key news
- Exhibit 140: Cargill Inc. - Key offerings

12.8 Corbion NV
- Exhibit 141: Corbion NV - Overview
- Exhibit 142: Corbion NV - Business segments
- Exhibit 143: Corbion NV - Key news
- Exhibit 144: Corbion NV - Key offerings
- Exhibit 145: Corbion NV - Segment focus

12.9 DuPont de Nemours Inc.
- Exhibit 146: DuPont de Nemours Inc. - Overview
- Exhibit 147: DuPont de Nemours Inc. - Business segments
- Exhibit 148: DuPont de Nemours Inc. - Key news
- Exhibit 149: DuPont de Nemours Inc. - Key offerings
- Exhibit 150: DuPont de Nemours Inc. - Segment focus

12.10 Evonik Industries AG
- Exhibit 151: Evonik Industries AG - Overview
- Exhibit 152: Evonik Industries AG - Business segments
- Exhibit 153: Evonik Industries AG - Key news
- Exhibit 154: Evonik Industries AG - Key offerings
- Exhibit 155: Evonik Industries AG - Segment focus

12.11 FKuR Kunststoff GmbH
- Exhibit 156: FKuR Kunststoff GmbH - Overview
- Exhibit 157: FKuR Kunststoff GmbH - Product / Service
- Exhibit 158: FKuR Kunststoff GmbH - Key offerings

12.12 KURARAY Co. Ltd.
- Exhibit 159: KURARAY Co. Ltd. - Overview
- Exhibit 160: KURARAY Co. Ltd. - Business segments
- Exhibit 161: KURARAY Co. Ltd. - Key offerings
- Exhibit 162: KURARAY Co. Ltd. - Segment focus

12.13 Novamont Spa
- Exhibit 163: Novamont Spa - Overview
- Exhibit 164: Novamont Spa - Product / Service
- Exhibit 165: Novamont Spa - Key offerings

12.14 Resonac Holdings Corp.
- Exhibit 166: Resonac Holdings Corp. - Overview
- Exhibit 167: Resonac Holdings Corp. - Business segments
- Exhibit 168: Resonac Holdings Corp. - Key news
- Exhibit 169: Resonac Holdings Corp. - Key offerings
- Exhibit 170: Resonac Holdings Corp. - Segment focus

12.15 Teijin Ltd.
- Exhibit 171: Teijin Ltd. - Overview
- Exhibit 172: Teijin Ltd. - Business segments
- Exhibit 173: Teijin Ltd. - Key offerings
- Exhibit 174: Teijin Ltd. - Segment focus

12.16 Toray Industries Inc.
- Exhibit 175: Toray Industries Inc. - Overview
- Exhibit 176: Toray Industries Inc. - Business segments
- Exhibit 177: Toray Industries Inc. - Key offerings
- Exhibit 178: Toray Industries Inc. - Segment focus

12.17 Toyota Tsusho Corp.
- Exhibit 179: Toyota Tsusho Corp. - Overview
- Exhibit 180: Toyota Tsusho Corp. - Business segments
- Exhibit 181: Toyota Tsusho Corp. - Key news
- Exhibit 182: Toyota Tsusho Corp. - Key offerings
- Exhibit 183: Toyota Tsusho Corp. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 184: Inclusions checklist
- Exhibit 185: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 186: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 187: Research methodology
- Exhibit 188: Validation techniques employed for market sizing
- Exhibit 189: Information sources

13.5 List of abbreviations
- Exhibit 190: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
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What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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