Global Bio-Based Polymers Market to Grow at 11.03% for 2017-2022 Period


The Global Bio-Based Polymers Market is expected to witness an estimated CAGR of 11.03%, while the production capacity is expected to reach up to XX million metric tons by 2020.

This market is experiencing huge growth that is expected to continue even in the future, majorly driven by the highly growing European and the North American regions. North America is the major segment in the market that accounted for more than one-third of the total global demand. The developing regions of Europe and the Asia-Pacific are expected to increase their market share in the future, owing to the growing demand from the developing countries. Asia is expected to register huge investment in the bio-based polymer capacities, owing to the favorable political framework and better access to feedstock.

Although Europe shows the strongest demand for bio-based polymers, it is expected to register a slow growth in terms of production capacity, because of small bio-based facilities, that too less in number. The unfavorable political framework is also expected to lead to a weak production of the bio-based polymers in Europe. South America and the Asia-Pacific regions are investing in expanding the production capacities in order to meet the future demand for the bio-polymer products.

The Global Bio-Based Polymers Market, on the basis of product type, can be broadly segmented into polylactic acid, polyglycolic acid, polycaprolactone, polyhydroxybutyrate, polybutylene succinate, polyethylene terephtalate, polyhydroxyalkanoates, polyurethanes, polyethylene, and polyamides.

In addition, the market has also been segmented on the basis of application into packaging, textiles, bio-medicine, agriculture, horticulture, construction, bottles and other industries.

The packaging industry is the largest consumer of the bio-based polymers, which is also expected to continue the position as the largest consumer during 2016-2020, with a maximum market-share. The biodegradability and the bio-based raw materials make bio-polymers suitable for packaging. The bottling industry is an emerging sector with the fastest growth rate during the forecast period. Polylactic acid and development of bio-based PET are used in bottle packaging, followed by segments like automotive, textiles and consumer goods.

Market Dynamics of the Global Bio-based Polymers Market:

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  • Increased technological innovation in consumer goods driving demand for the bio-based polymers
  • Increase in demand growth from packaging, plastic films and the construction sector
  • Stringent environmental regulations and the need to reduce carbon dioxide emissions
  • Governmental incentives and support to this sector
  • Biodegradable nature


  • Higher costs associated with these products compared to the conventional polymers
  • Lack of sophisticated technology

The bio-based polymer products are expected to continue to displace other materials in a variety of applications. The rising incomes in developing nations are also expected to contribute to the demand for the bio-based polymers from various end-user industries.

Bio-polyethylene is the dominant bio-based polymer that is expected to be the largest even in the future, with applications in packaging and automotive. Polylactic acid and polyhydroxyalkanoates show the fastest market growth rates. Polylactic acid is mainly used in the plastic processing industry for the production of films, fibers, plastic containers, cups and bottles. Polyhydroxyalkanoates are linear polyesters produced naturally through bacterial fermentation of sugar. It is being widely used in the medical industry.

Some of the major companies dominating the global bio based polymers market are:

  • BASF SE,
  • Bio Amber
  • Blue Sugars
  • Dow Chemicals
  • Evonik Industries
  • Galactic
  • Gevo
  • Glycos Biotechnologies
  • Mitsubishi Chemicals
  • SG Biofuels

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Key Deliverables in the Study:

  1. Analysis for the global bio based polymers market, with region specific assessments and competition analysis on a global and regional scale.
  2. Market definition along with the identification of key drivers and restraints.
  3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.
  4. Extensively researched competitive landscape section with profiles of major companies along with their market shares.
  5. Identification and analysis of the macro and micro factors that affect the global bio based polymers market.
  6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  7. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  8. Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.

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