Report Ocean recently released a research report on the Bio-based Polymers Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global bio-based polymers market was estimated to be worth of USD 14.2 billion in 2018 and is projected to grow at a CAGR of 10% over the forecast period.
Request To Download Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=32007
The report ?Bio-based Polymers Market Share, Size, Trends, & Industry Analysis Report, [By Product (PET, PA, PEF, PE, PUR, PBS, PHA, PTT, PBS, Epoxies, PEF, Others), By End-Use (Textile, Automotive, Films & Coatings, Electronics, Industrial), By Regions]: Segment Forecast, 2018 – 2026′ provides insights on the current market scenario and the future prospects.
Bio-based polymers are obtained through the polymerization of bio-based raw materials through engineered industrial processes. The raw materials of bio-based polymers are either isolated from plants and animals or synthesized from biomass using enzymes or microorganisms. The raw materials used for manufacturing bio-based polymers includes corn fiber, wheat by-products, food processing waste, paper mill sludge, stems, leaves, livestock waste, and others.
Initially bio-based functional polymers were derived from agricultural feedstock, but a recent breakthrough in technology has shifted focus to derive from nucleic acids, proteins, polysaccharides, and bacterial fermentation by synthesizing monomers like fatty acids, cellulose, and starch.
Increasing dependence on synthetic polymers has led to a rise in environment risks associated with disposal and recycling. The combustion of these synthetic polymers releases harmful greenhouse gasses (GHGs) and other toxic gasses into the atmosphere, thereby degrading the environment and leading to ozone depletion & global warming. Stringent environmental regulations on fossil fuel products by regulatory authorities such as the EPA and REACH coupled with government initiatives to reduce dependency on petrochemicals have been responsible for the development of bio-based alternatives.
Get a Sample PDF copy of the report @https://reportocean.com/industry-verticals/sample-request?report_id=32007
This is further supported by the increasing awareness towards sustainability and growing demand for bio-based polymers from various end-use industries such as automotive, electrical & electronics, construction, and footwear. Bio-based construction polymer market is in its nascent phase and is estimated to witness significant growth over the next six years on account of the increasing demand from end-use industries.
The commercially available bio-based polymer comprises 100% biomass content. Currently, bio-based polymer is derived from corn fiber, wheat by-products, food processing waste, paper mill sludge, stems, leaves, livestock waste. However, companies have been making significant investments in developing 100% bio-based polymers, which do not require fossil fuel or petrochemical byproducts.
The bio-based polymers are manufactured through the polymerization of bio-based raw materials through engineered industrial processes. Bio-based polymers are usually manufactured from vegetable oils derived from castor, soybean, rapeseed, or sunflower corn fiber, wheat by-products, food processing waste, paper mill sludge, stems, leaves, livestock waste, and others.
The major global raw material manufacturers include companies such as Victrexplc, Mitsubishi, and Wageningen UR among several others. The bio-based content in polymer varies depending on the type of feedstock that is used during manufacturing.
Major bio-based polymer manufacturers include Cargill, Lubrizol, BASF SE, Bayer Material Science, and Dow Chemical where these companies further process polymer using numerous industrial techniques. In certain cases, some companies supply the unfinished biopolymer to other small and medium-scaled companies. Moreover, several major players operating in the market such as BASF SE, Cargill, Bayer Material Science, Bio Based Technologies, and BioAmber have forward integrated their operations, starting from producing raw materials to production of bio-based polymer.
Major polymer manufacturers are shifting their focus towards developing sustainable technologies and are collaborating with various individual bio-based technology manufacturers in order to produce bio-based polymers. The bio-based polymer industry is consolidated in nature and has witnessed numerous M&A over the past few years.
Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below:https://reportocean.com/industry-verticals/sample-request?report_id=32007
Report Ocean Market Research has segmented the global bio-based polymers market on the basis of Product, End-use and Region:
Bio-based Polymers by Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
PET
PA
PEF
PE
PUR
PBS
PHA
PTT
PBS
Epoxies
PEF
Others
Bio-based Polymers by End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
Textile
Automotive
Films & Coatings
Electronics
Industrial
Others
Bio-based Polymers by Region (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
North America
U.S.
Canada
Europe
Germany
UK
France
Belgium
Asia-Pacific
China
India
Japan
Latin America
Brazil
Mexico
Argentina
Download Sample Report, SPECIAL OFFER (Avail an Up-to 30% discount on this report ) @https://reportocean.com/industry-verticals/sample-request?report_id=32007
Middle East and Africa
Saudi Arabia
UAE
Nigeria
Table of Content
Chapter 1: Global Bio-based Polymers Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Bio-based Polymers market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Bio-based Polymers Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Bio-based Polymers market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Bio-based Polymers market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Bio-based Polymers market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Bio-based Polymers market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Bio-based Polymers business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
Access Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=32007
About Report Ocean:
Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today’s competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.
Contact Information:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States
Telephone: +1 888 212 3539 (US – Toll-Free)
For more information and to explore their offerings, visit their website at:https://www.reportocean.com/