Biopolymers Market, By Type (Non-Biodegradable/Bio-Based, Biodegradable and Others), By Application (Films, Bottles, Fibers, Seed Coating, Vehicle Components, Medical Implants, Others), By End-Use Industry (Packaging, Consumer Goods, Automotive Transportation, Textiles, Agriculture & Horticulture and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Report Code: PMI499022 | Publish Date: March 2024 | No. of Pages: 170

Biopolymers Market Overview

Biopolymers are polymers that are produced or derived from living organisms, such as plants and microbes, petroleum, the traditional source of polymers, the primary source of biopolymers is renewable. Other examples of biopolymers include natural rubber (polymers of isoprene), suberin and lignin (complex polyphonic polymers), cutin and cutan (complex polymers of long-chain fatty acids), and melanin. Three classes of biopolymers are used and biopolymer structures are formed: polynucleotides, polypeptides, and polysaccharides. Biopolymers have been found to be biocompatible and biodegradable, allowing them to be used in food films, emulsions, packaging materials in the food industry and drug transport materials, organs such as medical implants, wound healing, tissue scaffolds and dressings. Biopolymers include proteins (polymers of nucleic acids), genetic material (polymers of nucleic acids), glycoforms (carbohydrates and glycosylated molecules), metabolites, and other structural molecules. In cellulose, it is a naturally occurring polymer of glucose, found as the main component of plants and the natural fibers of cotton and linen, some bacteria such as Acetobacter xylinum can also synthesize cellulose. Biopolymers are organic polymers produced by various biological organisms, in nature, biopolymers can be found in large quantities, they are biodegradable and have no negative impact on the environment and therefore can be suitable soil-remediation materials. The use of polymers reduces carbon dioxide emissions, municipal solid waste and dependence on petroleum-based resources, in packaging applications, the material is selected based on permeability and tensile properties. Increasing awareness about the use of bio-based polymers will drive the growth of the global biopolymer market over the forecast period.

Biopolymers Market Dynamics

The primary factor driving the food and beverage industry including poultry products, dried fruits and more is the growth of the biopolymer market and changing consumer lifestyles in developed countries, rising pharmaceutical, food and other industries and emergence of new product development in biopolymers products. The global market is expected to provide opportunities to manufacturers during the forecast period. Growing use in the pharmaceutical industry for biomedical applications provides a huge market opportunity for key players operating in the biopolymer market, however, volatile prices are predicted to hinder the overall growth of the biopolymer market. High cost of biopolymer is expected to limit the growth of biopolymer market during the forecast period, hence, high cost of biopolymer market in the coming years.

                Technological advancement

The increase in the number of advanced technologies and the growing tremendous growth of the bio-polymer sectors have had a major impact on the growth of the global biopolymer market sectors. Biopolymers technology, he is interested in using biopolymers and converting them into advanced bio macromolecule materials. Manufacturers involved in the biopolymers market are developing advanced versions of their products due to new age technological advancements. Major biopolymers players are investing more in power systems and creating more modern, time-saving, cost-effective technologies that will positively impact the biopolymers market. Changes in regulations favoring biopolymers are expected to drive the market, especially in developed countries. In November 2022, Braskem's new Boston Metro Area Innovation Center focuses on accelerating early-stage innovations in renewable chemicals and sustainable materials. Braskem, the largest polyolefin producer in the U.S. as well as a market leader and industry leader in biopolymers, announced this month the construction of a new Renewable Innovation Center in Lexington, Massachusetts, owned by Greatland Realty Partners.

Biopolymers Market Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Biopolymers Market is segmented based on type, application, end-use industry and region.

Biopolymers Market, By Type

On the basis of type, the Biopolymers Market is segmented into Non-Biodegradable/Bio-Based, Biodegradable and Others. Natural biodegradable polymers are called biopolymers, as polysaccharides, starch and cellulose, represent the most typical family of these natural polymers. Other natural polymers such as proteins can be used to produce biodegradable materials, these are the two main renewable sources of biopolymers. Non-biodegradable polymers consist of long chains of carbon and hydrogen atoms, these molecules form an interatomic type of bonding, and they are recalcitrant, which means that it is difficult for microbes to break the bonds and digest them, so they require a long time to decompose.

Biopolymers Market, By Application

On the basis of application, the target market is classified into films, bottles, fibers, seed coating, automotive components, medical implants, others. Biopolymers have been found to be biocompatible and biodegradable, making them suitable for use in edible films, emulsion and packaging materials and drug transport materials in the food industry, medical implant organs, wound healing, tissue scaffolds and dressings. Biopolymers are used for the development of therapeutic devices such as temporary prostheses, three-dimensional porous structures as scaffolds for tissue engineering, and as controlled sustained release drug delivery vehicles and applications.

Biopolymers Market, By End-Use Industry

On the basis of end-use industry, the target market is classified into packaging, consumer goods, automotive transportation, textiles, agriculture and horticulture, and others. In packaging, the most common biopolymers used in packaging are polyhydroxyalkanoate, polylactic acid and starch, starch and PLA are commercially available and have properties that make them a common choice for packaging.

Regional Insights:

On region the Biopolymers Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The biopolymer market for the North American and European region is expected to witness an increase in growth rate during the assessment period. Europe's economic growth is driven by the growth of various industries including food and beverage, medical and healthcare and other similar industries, the growth of the food and beverage industry is important for food security in the European region.

Report Scope:

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Billion & CAGR from 2022 to 2032

Market Segmentation

By Type - Non-Biodegradable/Bio-Based, Biodegradable and Others

By Application - Films, Bottles, Fibers, Seed Coating, Vehicle Components, Medical Implants, Others

By End-Use Industry - Packaging, Consumer Goods, Automotive Transportation, Textiles, Agriculture & Horticulture and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

 

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Biopolymers Market report based on type, application, and region:

Biopolymers Market, By Type:

  • Non-Biodegradable/Bio-Based
  • Biodegradable
  • Others

Biopolymers Market, By Application:

  • Films
  • Bottles
  • Fibers
  • Seed Coating
  • Vehicle Components
  • Medical Implants
  • Others

Biopolymers Market, By End –Use Industry:

  • Packaging
  • Consumer Goods
  • Automotive Transportation
  • Textiles
  • Agriculture & Horticulture
  • Others

Biopolymers Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Biopolymers Market Key Players

The key players operating the Biopolymers Market includes,

  1. Mitsubishi Chemical Holding Corporation is one of the largest chemical companies, producing petrochemicals, carbon products, agrochemicals, pharmaceuticals, information and electronic-related products, plastic-based products, specialty chemicals, and synthetic or chemical fibers.
  2. Torrey Industries is a bioplastics company that manufactures high performance films, synthetic fibers and textiles, carbon fibers, plastics, chemicals and pharmaceuticals.
  3. Plantic Technologies Limited is the world's leading innovator in bioplastics, with a track record of science and industry awards, an international network of corporate customers and distributors, and a growing list of premium quality multinational research and development partners.
  4. BASF manufactures a wide range of chemicals such as solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals such as Z-cote, the most important customers in this segment are pharmaceuticals, construction. , textile and automotive industries.
  5. Novamont SpA is an Italian company, an international leader in the field of bioplastics and the development of biochemicals. The company manufactures bioplastics and biochemicals through the integration of chemistry, their products are Mater-B, Matrol-B and Cellus-B.
  6. Rodenberg Biopolymers is a manufacturer and marketer of biodegradable biopolymer products aimed at providing starch-based granules based on waste streams from the potato industry, the company's product was developed with an extrusion manufacturing process.
  7. Nature Works LLC is now a biopolymer supplier and innovator with the Ingeo portfolio of naturally advanced materials made from renewable, abundant feedstocks with performance and economics that compete with oil-based intermediates, plastics and fibers.
  8. Solanyl Biopolymers Inc. It is a Canadian manufacturer of starch-based biodegradable polymer-Solanyl BP. Solanyl biodegradable plastic resins are renewable alternatives to petroleum-based plastics, especially for short-life or disposable products.
  9. Corbion NV is a leading supplier of lactic acid and its derivatives and emulsifiers, functional enzyme mixtures, minerals, vitamins and algae ingredients.
  10. HARBEC, INC. It is an American company that has developed high efficiency energy products. Harbec Plastics, Inc. Established in 1986, the company's business includes manufacturing of plastic products.

Biopolymers Market Key Issues Addressed

Recent Developments:

  • In August 2022, Toray Industries Inc. has developed what is the world's first 100% bio-based adipic acid from sugars derived from non-edible biomass, adipic acid is the raw material for polyamide (PA) 66. The company's proprietary synthesis technique combines microbial fermentation and chemical purification technology that uses separation membranes.
  • In February 2022, Diamond Edge Ventures Inc., an affiliate of Mitsubishi Chemical Holding. San Francisco-based Lingrove Inc. Invested, a developer of carbon-negative composites made from plant-based resins and flax liner fiber reinforcement. Lingrove will use the funds to scale up its operations, hire key personnel and increase production capacity.

Biopolymers Market Company Profile

  • Mitsubishi Chemical Holding Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Toray Industries
  • Plantic Technologies
  • BASF
  • Novamont SpA
  • Rodenburg Biopolymers
  • Nature Works LLC
  • Solanyl Biopolymers
  • Corbion NV
  • HARBEC, Inc.

“*” marked represents similar segmentation in other categories in the respective section

Biopolymers Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Applications
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Applications
      • Secondary Applications
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By End-Use Industry
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Biopolymers Market, By Type
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Non-Biodegradable/Bio-Based
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Biodegradable
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  6. Biopolymers Market, By Application
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Films
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Bottles
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Fibers
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Seed Coating
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Vehicle Components
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Medical Implants
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  7. Biopolymers Market, By End-Use Industry, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Packaging
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Consumer Goods
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Automotive Transportation
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Textiles
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Agriculture & Horticulture
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  8. Biopolymers Market, By Region, 2022 – 2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Use Industry, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Use Industry, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Use Industry, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Use Industry, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Use Industry, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
  • Mitsubishi Chemical Holding Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Toray Industries
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Plantic Technologies
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BASF
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Novamont SpA
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Rodenburg Biopolymers
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nature Works LLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Solanyl Biopolymers
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Corbion NV
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • HARBEC, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Biopolymers Market is segmented into basis of on type, application, end-use industry and region.

Growing use in the pharmaceutical industry for biomedical applications provides a huge market opportunity for key players operating in the biopolymer market

The biopolymer market for the North American and European region is expected to witness an increase in growth rate during the assessment period.

The Key players operating in the Biopolymers Market includes Mitsubishi Chemical Holding Corporation, Toray Industries, Plantic Technologies, BASF, Novamont SpA, Rodenburg Biopolymers, Nature Works LLC, Solanyl Biopolymers, Corbion NV, HARBEC, Inc.