Trends in Bioplastics Market 2016-2020 Trends in Bioplastics Market 2016-2020

Global Bioplastics Market 2016-2020

Global Bioplastics Market 2016-2020 is the latest addition to Sandlerresearch.org industry research
reports collection.
Bioplastic is a biodegradable product, which is derived from the renewable sources. These renewable
sources include natural products such as potatoes, vegetable oil, rice, pea starch, tapioca, corn starch,
sugar cane, wheat, grains, and cellulose from wood. Currently, there are many types of bioplastics in the
global market, which are directly extracted from biomass, processed polymers, bio-based precursors
such as PLA, and polymers manufactured by using derivatives of bacteria such as polyhydroxy butyrate
and PHA. Bioplastics are different from conventional plastics and are used in the production of tools,
bags, furniture, carpets, films, bottles, cups, and other packaging materials. Production of bioplastics
reduces CO2 emissions by 31%-71% in comparison with other conventional plastics.
The global bioplastics market is driven by the emergence of renewable resources, biomass, and biobased raw materials such as starch and vegetable crop derivatives. In 2015, bio-based bioplastics
accounted for more than 80% of the global bioplastics market. The use of bioplastics in numerous
applications such as packaging and domestic goods has facilitated plastics manufacturers to reduce the
overdependence on petroleum-based plastics.
The analysts forecast Global Bioplastics Market to grow at a CAGR of 29.3% during the period 20162020.
Covered in this Report
This report covers the present scenario and the growth prospects of the global Bioplastics market for
2016-2020.
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Key regions
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APAC
Europe
North America
ROW

Key vendors