The environmental and socioeconomic impact of plastics, government policies, standards and certifications, physicochemical properties, and analytical techniques are covered. Bio-based biodegradable plastics market surfaced as a sustainable and viable solution to curb the negative impact of using conventional fossil-based plastics. So, a bio-based product can be biodegradable . View . 1.5 Global demand for biobased and biodegradable plastics 2020-21, by market 1.6 Impact of COVID-19 crisis on the bioplastics market and future demand 1.7 Challenges for the biobased and . The terms bio-based plastics and biodegradable plastics are sometimes used interchangeably, but they are not the same. Regional capacities, 1,000 tons, 2019-2030, all types. Addressing Stakeholder Concerns Regarding the Effective Use of Bio-Based and Biodegradable Plastics (2079-9276) Resources, 10 (10) (2021), p. 95, 10.3390/resources10100095. Nestl launches fund to boost packaging innovation . The Global Synthetic and Bio-Based Biodegradable Plastics Market Report provides evaluation of the market development from historical studies. 70; Table 17. Bioplastics are either:1) made from a renewable resource such as corn or sugar cane (biobased),2) break down completely via a natural process (biodegradable)3) are both biobased and biodegradable.They are used in the same ways as other plastics: packaging, agriculture, medical, automotive parts, 3D printing and more. Bio-PET market size is projected to grow by approximately seven times from 2013 to 2020, thus representing a CAGR of 31.4% during the forecast period. the main . The Synthetic and Bio-Based Biodegradable Plastics market report provides effective guidelines and strategies for industry players to secure a position at the top in the worldwide Synthetic and Bio-Based Biodegradable Plastics market. Research Report outlines a forecast for the Bio-Based Biodegradable Plastics Market between 2022 and 2032. Our experts have added large key companies who play an important role in the sales, and distribution of the . Dublin, March 18, 2022 (GLOBE NEWSWIRE) -- The "Global Market for Biobased and Biodegradable Plastics 2022-2030" report has been added to ResearchAndMarkets.com's offering. Market. In terms of application, the packaging sector accounts for the largest share of the global bio-based biodegradable plastics market and is largely . For instance, polylactic acid (PLA) is a biodegradable biobased plastic that produced from starch, polyhydroxybutyrate (PHB) is derived from microbial . The report of Synthetic and Bio-Based Biodegradable Plastics Market by Types, Applications and Region is expected to reach US$ XX Bn by 2027, +91 020 6630 3320 [email protected] (Packaging producer D) Shelf-life requirements of customers: S14: . Biobased Biodegradable Plastics Market Overview. Types of Bio-based and/or Biodegradable Plastics, applications. Global Biobased Biodegradable Plastics Market by Type (Polyester Biobased Biodegradable Plastics, PLA Biobased Biodegradable Plastics, PHA Biobased Biodegradable Plastics, Cellulose Biobased Biodegradable Plastics), By Application (Packaging, Fiber, Agriculture, Medical, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030 Continue reading "Biobased Biodegradable Plastics Market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI" To clear things up, "bio-based" means a product is made from plants or other renewable biomass sources, while "biodegradable" means a product can be broken down by bacteria or other organisms. Bio-based plastics are fully or partially made from biological resources, rather than fossil raw materials. Bio-based plastics derive from non-petroleum biological resources. Category:Chemicals and Materials Published on : REPORT SUMMARY; TABLE OF CONTENTS; The Synthetic and Bio-based Biodegradable Plastics is expected to grow from USD XX.0 million in 2018 to USD XX.0 million by 2025, at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period. The Biodegradable Plastic market report provides answers to the following key questions: What is the global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) sales value . The latest study on Bio-Based Biodegradable Plastics Market is a compilation of in-depth dissection of this business vertical that is projected to attain commendable proceeds during the estimated . PDF/PPT/Word . Biobased plastics are . Hence, companies are investing in R&D to reduce . Global Biobased Biodegradable Plastics Market: COVID 19 Impact Detailed Report - Remarkable Growth, Future Opportunities, Competitive Outlook, New Business Strategies and Forecast 2021-2030. Global Synthetic and Bio-Based Biodegradable Plastics Market by Type (Synthetic Biodegradable Plastic, Bio-Based Biodegradable Plastics), By Application (Packaging, Transportation, Agriculture, Electronics, Textiles, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028 Of the three hundred Mn metric tonnes of plastics fed on in 2013, biodegradable plastics accounted for 0.21% of the full consumption. This paper explored future growth opportunities for the market of biodegradable bio-based plastics and presented quantitative medium-term projection results based on system dynamics modelling. Novel bio-based plastics, such as PLA, cannot be recycled together with conventional plastics. 68; Table 16. Global penetration of biodegradable and Bio-based totally Biodegradable Plastics is currently drastically decrease in assessment to conventional fossil fuel-primarily based plastics. The bio-based biodegradable plastics market in Japan is projected to demonstrate a slightly sluggish growth rate as compared to other APAC countries during the forecast period", said Essien Jae. Some common plants that are used to make bioplastics are sugarcane, cassava and corn. Conventional plastics are fossil-based, meaning they use non-renewable resources from the earth. As customer demand for more sustainable plastics increases, the market for this plastic is expected to grow by 10.8% from 2018 to 2024, compounded annually. Published Date. Bio-Based Biodegradable Plastics Market, By Product Type (PLA (Polylactic Acid), PHA (Polyhydroxyalkanoates), Starch blends, Polyesters, Regenerated cellulose, Others), By Application (Packaging, Fibers, Agriculture, Medicine, Others), - Market research report and industry analysis - 31652773 Biobased Biodegradable Plastics Market size is expected to reach a value of US$31.2 billion by 2027 after growing at a CAGR of 19.8% during the forecast period from 2022-2027.Bio-based biodegradable plastic can degrade by naturally occurring microorganisms such as bacteria, fungi, biomass, and inorganic compounds. In addition, market revenues based on region and country are provided in the Biobased Biodegradable Plastics report. The global biodegradable plastic market was valued at $1.6 billion in 2019 is expected to reach $4.2 billion by 2027, growing at a CAGR of 13.3% from 2020 to 2027. January 16, 2020. $4200; Multi User License Upto 5 Users. It is important to examine the full life cycle of bio-based plastics, to ensure that they are beneficial to the environment beyond the reduction in use of fossil resources. Bio-based biodegradable plastics are mainly produced from renewable resources such as rice, corn, soy, potatoes, vegetable oil, wheat, and sugarcane. Global market for bio-based biodegradable plastics reported Y-o-Y growth of 11.5% during last couple of years. 95. The report also considers the impact of COVID-19 on the global Biobased Biodegradable Plastics Market. Global Bio-Based Biodegradable Plastic market size was ** billion USD in 2021, and will expand at a CAGR of **% from 2022 to 2026, according to the report. This article focuses on the total market for plastics, and the increment of bioplastics, both currently and in projected years. In Denmark there is an They are usually mixed with additives that give the products properties such as durability, flexibility or color. To know about the Research Methodology :- Request Free Sample Report The total production capacity of bio-based and biodegradable plastics globally in 2018 was 2.06 MT. live:sales_55228 | Contact us on +1 (434) 299-0043 | [email protected]. Global and Chinese Bio-Based Biodegradable Plastic Market 2022 is a professional and in-depth study on the current state of the global market with a focus on the Global and Chinese market. Pune, India, Dec. 02, 2021 (GLOBE NEWSWIRE) -- The global bio-based biodegradable plastics market was estimated to value USD 7.5 billion in 2021 and is projected to grow at a CAGR of 25.0% during . Packaging is the most common market area for bio- based and biodegradable plastics with car-rier bags and biowaste bags the most common applications in Europe. Sustainable Plastics: Environmental Assessments of Biobased, Biodegradable, and Recycled Plast ic. Key driving factors identified in the biobased biodegradable plastics market are regulatory framework for safe waste disposal and management, implementation of environmental conservation initiatives by government and various institutions, and efforts by manufacturers to reduce dependency on crude oil derived products. Bio-based biodegradable plastics, which are made from natural sources can also be composted, but they may not decompose as quickly as biased ones. Global Biobased Biodegradable Plastics Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Global production capacities for bio-based and sustainable plastics, market demand and trends 2019-2030. Global Bio-Based Biodegradable Plastics Market Growth, Share, Size, Trends and Forecast (2022 - 2028) Cart 0. CMI released a new market study on 2020-2026 Bio-Based Biodegradable Plastics Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread June 6, 2022 Home It covers thorough market analysis for the forecasted period 2022-2028. However, there is a need for 100% bioplastics, which are compostable, recyclable, and biodegradable and at the same time help reduce the global society's carbon footprint relative to incumbent plastics. Review of the Biobased and Biodegradable Plastics market in 2021. . . Hence, carelessly branding biobased plastics as green plastics might instill the wrong ideas in the minds of the consumersthe consequences of discarding these plastics, biodegradable or not, might be unintentionally ignored by the consumer lulled by the false sense of security given off by that green branding ; even certified biodegradable . Bio bags and bio-based plastics have higher tensile strength, are eco-friendly, and are convenient for use as compared to conventional plastics. . Bio-based plastics are fully or . Market leader by Bio-based and/or Biodegradable Plastic types. 15621. The report considers 2018-2020 as historic period, 2021 as base year, and 2022-2028 as forecast period. Analysis of non-biodegradable bio-based plastics and biodegradable plastics. This . Determined bio-based materials such as bio-PP and bio-PE are fully biodegradable. Fig. . Fig. Replacement of fossil-based plastics with bio-based/biodegradable ones will certainly reduce carbon footprint at the production level . Now Fasten your Business Research with our in-depth research enrich with detailed facts. 1.5 Global demand for biobased and biodegradable plastics 2020-21, by market 1.6 Impact of COVID-19 crisis on the bioplastics market and future demand 1.7 Challenges for the biobased and . The Bio-Based Biodegradable Plastics Market is expected to have a highly positive outlook for the next seven years 2020-2027 according to a recently released Bio-Based Biodegradable Plastics . Greene, P.J. 2014. 150. $6500; Enterprise License . Global Synthetic and Bio-Based Biodegradable Plastics Market by Type (Synthetic Biodegradable Plastic, Bio-Based Biodegradable Plastics), By Application (Packaging, Transportation, Agriculture, Electronics, Textiles, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030 At the same time, there is a lack of support from policy makers: bio-based and biodegradable plastics are lumped into the same category as fossil plastics in the Plastic Policy. REPORT ID. . Environmental and . Most plastics are made from fossil fuels, which contribute to increased greenhouse gas emissions and pollution. However, due to stringent regulations in the developed market and constantly . Know more about the key market trends and drivers in latest broadcast about Worldwide Synthetic Bio Based Biodegradable Plastics Market from HTF MI. 7 Starch Based Plastics Market Volume Trend by Geography, 2010 - 2018 Biobased plastics come from renewable biomass, meaning plants. The Biobased Biodegradable Plastics report comprises an in-depth study of the potential segments including product type, application, and end-user, and their contribution to the overall market size. Product overview and market projection of emerging bio -based plastics. Utechet University, Netherland. This report further provides forecasts by performing comprehensive market analysis. This deep dive re-search report highlights the market and competitive intelligence across the key segments of the mar-ket. 6 Starch Based Plastics Market Volume & Revenue Forecast, 2010 - 2018 . 1.5 Global demand for biobased and biodegradable plastics 2020-21, by market 1.6 Impact of COVID-19 crisis on the bioplastics market and future demand 1.7 Challenges for the biobased and . 5 Bio-Based Biodegradable Plastics Revenues by Type, 2010 - 2018 (USD Million) Fig. For the period between 2018 and 2030, our baseline scenario delivered a significant average annual growth rate of 4.98 % for global production capacities. Biobased Biodegradable Plastics Market: Drivers & Trends. By material type, bio-PET accounted for largest share by value in 2013 followed by biodegradable polyester, starch blends, bio-PE and other materials. Pricing: Single User Licence. The "Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. 3. The Bio-Based Biodegradable Plastics Market report aims to convey an inexpensive understanding of the business which has been analyzed by using primary and secondary research strategies. Analysis of bio-based polymers market including Polylactic acid (Bio-PLA), Polyethylene terephthalate (Bio-PET), Polytrimethylene terephthalate (Bio-PTT . Currently, bioplastics represent about one per cent of the about 367 million tonnes of plastic produced annually. The total intake of Bio-based totally Biodegradable Plastics became 591,000 . Biodegradable plastics also reduce the amount of trash that is sent to . Biobased, biodegradable and compostable plastics currently make up 1% of the global and European plastic market, with an overall expected growth of 5-8% between 2020 and 2025. There is a great deal of confusion surrounding the terms "bio-based" and "biodegradable.". Bioplastics Market Segmentation. It degrades naturally in base compounds in a reasonable amount of time. Bio-Based Biodegradable Plastics Market report provides a thoroughly researched abstract of the key players with considerable shareholdings at a global level regarding demand, sales, and income by providing better products and services. It could be more expensive if the value of biobased plastics is recognized in the market. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028. 1.4 Global demand for biobased and sustainable plastics in 2019, by market 1.5 Impact of COVID-19 pandemic on the bioplastics market and future demand 1.6 Industry developments in 2020-capacities . Recent bioplastics market update shows that polylactic acid (PLA) receives greater attention from both academia and industry due to its technological advances in productivity and functionality [11,12]. They are not necessarily compostable or biodegradable. The global biodegradable plastic market size was estimated at USD 4.1 billion in 2021. PRO-BIP. Moreover, this market study focuses on market . This research study explores the Global Market in detail such as industry chain structures, raw material suppliers, with manufacturing The Synthetic and Bio-Based Biodegradable Plastics Sales market examines the primary segments of the scale of the . May-21. Bio-Based Biodegradable Plastics Market 2017-2027 Biodegradable biobased plastic is produced from renewable resources such as corn, potatoes, rice, soy, sugarcane, wheat, and vegetable oil. 4 Bio-Based Biodegradable Plastics Volumes by Type, 2010 - 2018 (Kilo Tons) Fig. According to the latest market data compiled by European Bioplastics in cooperation with the nova-Institute, global bioplastics production capacities are set to increase from around 2.42 million tonnes in 2021 to approximately 7.59 million tonnes in 2026. . It is expected to expand at a compound annual growth rate (CAGR) of 9.7% during the forecast period. Bio-based, non-biodegradable plastics altogether make up for about 36 percent (more . Delivery Format. The new market and trend report "Bio-based Building Blocks and Polymers - Global Capacities, Production and Trends 2019-2024" from the German nova-Institute shows . Synthetic and Bio-based Biodegradable Plastics Market Review 2021 and Strategic Plan for 2022 - Insights, Trends, Competition, Growth Opportunities, Market Size, Market Share Data and Analysis Outlook to 2028 Since mass production started in the second half of the 20th century, the raw material for plastics has mainly been oil and gas. Continuous research & development to derive advanced bio-polyesters from renewable resources along with multiple advantages associated with this material is driving growth of this segment in the market. Plastics that are based on fossil resources and are biodegradable, such as PBAT. Players, stakeholders, and other participants in the global Biobased Biodegradable Plastics market will be able to gain the upper hand as they use the report as a powerful resource. LCA as a Tool to Compare Bio-based and Biodegradable Plastics with Conventional Plastic 84 8.1 Life Cycle Assessment 84 8.1.1 Methodology 84 8.1.2 Variation 85 . The report aims to provide an overview of the synthetic and bio-based biodegradable plastics market with detailed market . The biodegradable plastics market is expected to cross the valuation of US$ 7.1 Bn by 2031. Bio-based polypropylene (PP) is another drop-in plastic that can be used to make products such as chairs, containers and carpets. The Global Bio-based Biodegradable Plastics Market was estimated to value USD 7.5 billion in 2021 and is projected to grow at a CAGR of 25.0% during the forecast period 2021 to 2030. Global Synthetic and Bio-Based Biodegradable Plastics Market Report 2022 - Market Size, Share, Price, Trend and Forecast. . But as demand is rising, and with more sophisticated materials, applications, and products emerging, the market is already growing very dynamically. 1.5 Global demand for biobased and biodegradable plastics 2020-21, by market 1.6 Impact of COVID-19 crisis on the bioplastics market and future demand 1.7 Challenges for the biobased and . In late 2018, commercial scale production of bio-based PP . Global Biobased Biodegradable Plastics market research report provides company profile for Natureworks, Metabolix, Corbion, Biome Technologies, BASF, DOW, Novamont and Others. Biodegradable plastic is a plant-based plastic with no hazardous effects on the environment. Segment Analysis: Among product type, polyester segment dominated the global bio-based biodegradable plastics market in 2018 in terms of volume. Not all biobased plastics are biodegradable, although some are biodegradable as well. Biodegradable Plastics Market Table of Content: 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered: Ranking by Biodegradable Plastics Revenue 1.4 Market Analysis by Type . Bio-Based but not biodegradable Plastics are long polymer chains that can be molded under heat or pressure into almost any shape. Focus on "Biobased," "Biodegradable," & "Compostable" Plastics . Synthetic and Bio-Based Biodegradable Plastics Market Research Report 2021 - 2028 by Products (Packaging,Transportation,Agriculture,Electronics,Textiles), by Applications (Packaging,Transportation,Agriculture,Electronics,Textiles), by Key Player (Rodenburg,Innovia Films,Kaneka Corp,Vegeplast SAS,Biome Technologies PLC); Including COVID-19 . At present, these types of plastics are predominantly used for specific packaging and agricultural purposes, offering advantages like biodegradability or compostability. Using a material flow analysis, the challenges of the plastic market are highlighted, and with it the large market potential of biodegradable plastics. PAGES. 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