The Asia-pacific biopolymer market is valued at 3.1 billion usd in 2020. the market is expected to grow at a cagr of 17.4% over the forecast period to reach a valuation of 6.3 billion usd in 2025.
biopolymers are derived from living organisms that are fully biodegradable. some common examples of biopolymers are proteins, carbohydrates, dna, rna, lipids, nucleic acids, and peptides. since they are made up of living beings, they are entirely carbon neutral and can be quickly recycled or reused. biopolymers do not cause carbon dioxide pollution because they absorb co2 instead of being released into the atmosphere. there are four different types of biopolymers, namely sugar-based biopolymers, cellulose derived biopolymers, synthetic-based biopolymers, and organic polymers.
due to rising environmental regulations and government programs to increase awareness, customers are gradually switching to bio-based plastics. the increasing number of bans on conventional plastics appears to be the main driver of the growth of this market.biopolymers are now credited with their extensive use in the pharmaceutical industry to heal wounds of any shape, size or depth. such biopolymers are also used for wound dressings. such factors serve as valued growth drivers for the global biopolymer industry.as most of the countries in asia-pacific, like china, india, bangladesh, and others, are environmentally concerned, companies are shifting to the use of bioplastics which, in turn, helps them to gain a higher consumer market share.increased focus on bio-based material rather than biodegradability.non-biodegradable biopolymers are expected to be the most significant and fastest-growing form of biopolymers in the forecast period. increasing demand in the packaging industry has led to a growing preference for the use of non-biodegradable biopolymers.
bio-pet is the largest category of non-biodegradable biopolymers. the low-cost and smooth production process of the bio-pet makes it the most widely used form..the packaging industry is growing in the asia-pacific, which accounts for more than 80% of the bioplastic demand in the asia-pacific region. this growth is due to increasing demands from countries such as china, india, south korea and japan. most of the biopolymers consumed in china are used in packaging applications.the demand for packaging made from biopolymers for organic food packaging as well as for premium and branded products is on the rise. the need for packaging materials made from natural and organic polymers derived from biomass sources such as fats, oils, starch and microbiota push the end-use packaging industry to the market.
china is the world's largest producer, surpassing the production capacity of developed countries such as germany, the united states, japan and others. the rise in production can be attributed to government policies enforcing a ban on non-biodegradable plastics in china's leading provinces. these regulations and consumer preferences for environmentally friendly products have attracted a large number of manufacturers to establish bioplastic plants in these provinces, increasing china's bioplastic market. existing manufacturers have also begun to switch to bioplastic production to meet the massive demand for bioplastic in the nation.
By Country – India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC.
This research report includes following segmentation for the Asia-Pacific Biopolymers Market size and forecast until 2025:
Asia-Pacific Biopolymers Market – By Type:
Asia-Pacific Biopolymers Market – By End Use industry:
Asia-Pacific Biopolymers Market – By Region:
Asia-Pacific
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Biodegradable
5.1.3 Non-Biodegradable
5.1.4 Y-o-Y Growth Analysis, By Type
5.1.5 Market Attractiveness Analysis, By Type
5.1.6 Market Share Analysis, By Type
5.2 End Use Industry
5.2.1 Introduction
5.2.2 Packaging
5.2.3 Consumer Goods
5.2.4 Automotive
5.2.5 Textiles
5.2.6 Agriculture
5.2.7 Y-o-Y Growth Analysis, By End Use Industry
5.2.8 Market Attractiveness Analysis, By End Use Industry
5.2.9 Market Share Analysis, By End Use Industry
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.4 Market Attractiveness Analysis
6.1.5 Market Share Analysis
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Novamont
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 DowDuPont
8.3 Total Corbion PLA
8.4 Biome Bioplastics
8.5 Bio-On
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
