Biopolymers Market by End-user, Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR45591

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The biopolymers market has the potential to grow by 1294.13 thousand tons during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.04%.

The biopolymers market report extensively covers market segmentations by end-user (packaging and food services sector, agriculture and horticulture sector, consumer goods sector, automotive sector, and others), type (PLA, Bio-PE, Bio-PET, PHA, and others), and geography (Europe, North America, APAC, MEA, and South America) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Biopolymers Market Size be in 2021?

Biopolymers Market Size

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Biopolymers Market: Key Drivers and Trends

According to our research output, there has been a neutral impact on the market growth post COVID-19 era. Key drivers such as the volatility in crude oil prices are notably supporting the biopolymers market growth. On the other hand, factors such as cost-effectiveness of conventional plastics over biopolymers have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic biopolymers market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Biopolymers Market Vendors?

The biopolymers market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • Archer Daniels Midland Co.
  • Arkema SA
  • BASF SE
  • Braskem SA
  • Danimer Scientific
  • DuPont de Nemours Inc.
  • Evonik Industries AG
  • Galatea Bio Tech Srl
  • NatureWorks LLC
  • Toray Industries Inc.

 

The biopolymers market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full biopolymers market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the biopolymers market forecast report for insights on complete key vendor profiles.

Which are the Key Regions for Biopolymers Market?

Biopolymers Market Share by Geography

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32% of the market’s growth will originate from Europe during the forecast period. Germany and the UK are the key markets for biopolymers market in Europe.

The report offers an up-to-date analysis of the geographical composition of the market. Europe has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Strict environment regulations and policies will facilitate the biopolymers market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Biopolymers Market?

Biopolymers Market Share by End-user

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The biopolymers market share growth by the packaging and food services sector segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides thorough biopolymers market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the biopolymers market size.

 

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What are the Key Factors Covered in this Biopolymers Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive biopolymers market growth during the next five years
  • Precise estimation of the biopolymers market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the biopolymers market across Europe, North America, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of biopolymers market vendors

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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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The biopolymers market growth will increase by $620.37 thousand tons during 2019-2024.
The biopolymers market is expected to grow at a CAGR of 2.94% during 2019-2024.
Technavio has segmented the biopolymers market by end user (Packaging and food services sector, Agriculture and horticulture sector, Consumer goods sector, Automotive sector, and Others) ,type (Bio-PET, PLA, PHA, Bio-PE, and Others) , and geographic (Europe, North America, APAC, MEA, and South America).
Archer Daniels Midland Co., Arkema SA, BASF SE, Braskem SA, Danimer Scientific, DuPont de Nemours Inc., Evonik Industries AG, Galatea Bio Tech Srl, NatureWorks LLC, Toray Industries Inc. are a few of the key vendors in the biopolymers market.
APAC will register the highest growth rate of 33.16% among the other regions. Therefore, the biopolymers market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the biopolymers market growth are:
  • Volatility in crude oil prices
The biopolymers market vendors should focus on grabbing business opportunities from the packaging and food services sector segment as it accounted for the largest market share in the base year.
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