Industry Press Releases

Bio-Plastics Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023

Saturday, Nov 18, 2017

The report on global Bio-Plastics market provides qualitative and quantitative analysis for the period of 2017 to 2023. The report predicts the global Bio-Plastics market to grow with a CAGR between 28% and 28.5% from 2017 to 2023. The global Bio-Plastics market was worth USD X.XX billion in 2017.The study on Bio-Plastics market covers the analysis of regions such as North America, Europe, Asia Pacific, and Rest of the World. Among the geographies Asia Pacific dominated the world market while North America and Europe is anticipated to grow at the highest CAGR over the forecast period.

The report on global Bio-Plastics market is a comprehensive study of demand, market size, forecasts, trends and factors affecting the global Bio-Plastics market. Moreover, the report is collective presentation of primary and secondary research findings. In addition, it provides deep insights on the factors that driving, restraining the global Bio-Plastics market. Porter's five forces model in the report provides insights into the competitive rivalry in the global Bio-Plastics market over the period of 2017 – 2023. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research methodology
• Primary Research

Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

• Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include
• Company reports and publications
• Government/institutional publications
• Trade and associations' journals
• Databases such as WTO, OECD, and World Bank, among others.
• Websites and publications by research agencies

Report Findings
1) Drivers

• Increasing prices of raw materials for petro based plastics
• Support of Government bodies
• Eco-friendly bio plastics
2) Restraints

• Over-dependence on raw materials
• Frequent changing climate conditions

3) Opportunities
• Growing use of bio plastics in packaging application
• Awareness among the people about properties of bio plastics

Segments Covered
1) Global Bio-Plastics market by Materials
a. Bio-PET
b. Bio-PA
c. Biodegradable Polyesters
d. PLA & PLA blends
e. Starch and blends
f. PHA
g. Others

2) Global Bio-Plastics market by Application type
a. Bottles
b. Food services
c. Agriculture & Horticulture
d. Consumer Products
e. Automotive
f. Packaging
g. Others

Companies profiled:

The companies covered in the report include
1.1 Evonik Industries
1.2 Biome Technologies Plc
1.3 Techno Polymer Co. Ltd.
1.4 Natureworks LLC
1.5 BASF SE
1.6 FKuR Kunststoff GmbH
1.7 Innovia Films
1.8 Novamont SPA
1.9 Cardia Bio plastics
1.10 Metabolix Inc.

Reasons to buy this report

1) Comprehensive analysis of global as well as regional markets of Bio-Plastics
2) Complete coverage of all the product type and applications segments to analyze the trends, developments in Bio-Plastics market, and forecast of market size up to 2023.
3) Comprehensive analysis of the companies operating in Bio-Plastics market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4) Infinium Global Research- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify

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Source:prnewswire.com

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