The Global Bioplastics Market is anticipated to garner a revenue of USD 25.27 billion by the end of 2027, growing at an annual growth rate of 14.9%, according to the recent report by Emergen Research. The exponential growth of the bioplastics market can be accredited to the augmenting application of bioplastics in numerous end-use applications, such as textile, packaging, automotive and transportation, building and construction, agriculture, and consumer goods.
The latest study unravels the unfavorable impacts of the COVID-19 pandemic on the global Bioplastics business sector. According to our expert team, the corona virus outbreak has had an overwhelming impact on the global economic landscape, and consequently, on this business vertical. The pandemic is expected to contribute to the potential downturn of the Bioplastics industry substantially. Reportedly, this sector has been financially beleaguered since the COVID-19 lockdownrestrictions were put into effect. Hence, the report highlights the financial obstacles that have slowed numerous businesses’ progress in this sector and disrupted the global supply chains.
Competitive Overview:
The global Bioplastics market report closely studies the functioning mechanisms of the key companies participating in the global market. These companies are said to be following a slew of business expansion strategies to reinforce their financial positions in this market. As per the report, these companies account for a major portion of the overall Bioplastics market share. Therefore, this section of the report emphasizes the principal strategic initiatives led by these companies, including mergers & acquisitions, joint ventures, new business deals, new product launches, collaborations, technological upgradation, and several others.
Key Market Players:
Novamont SPA, Toray Industries, BASF SE, Braskem, Biotec, Total Corbion, Biome Plastics, NatureWorks, Mitsubishi Chemical Holdings Corporation, and Plantic Technologies, among others.
Global Bioplastics Market Report – Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Bioplastics market segments
1.3 Target players
1.4 Market analysis by type
1.5 Market analysis by application
1.6 Key learning objectives
1.7 Report timeline
- Global Growth Trends
2.1 Global Bioplastics market size
2.2 Latest trends of the Bioplastics market by region
2.3 Key corporate trends
- Global Bioplastics Market share by key players
3.1 Global Bioplastics Market size by manufacturers
3.2 Global Bioplastics Market key players
3.3 Products/solutions/services of major players
3.4 New entrants in the Bioplastics market
3.5 Mergers, acquisitions, joint ventures, and expansion plans
- Global Bioplastics Market by product type
4.1 Global Bioplastics Sales by Product
4.2 Global Bioplastics by Product Revenue
Download the full Bioplastics market description @ https://www.emergenresearch.com/industry-report/bioplastics-market
Thank you for reading our report. For further details or to inquire about customization, please let us know, and we will offer you the report well-suited to your requirements.
