MarketsandMarkets: Global Biodegradable Plastics Market to be 2330 Thousand Metric Tonnes by 2016
Market: by Types (Starch, PLA, PHA, PCL and PBS) Applications, Regulations,
Prices, Trends & Forecast (2011-2016)” analyzes the biodegradable plastics by
types and applications and studies the major market drivers, restraints, and
opportunities for the biodegradable plastics in
and ROW.
Browse 121 market data tables and figures with 361 pages and in-depth TOC
on Biodegradable Plastics Market: by Types (Starch, PLA, PHA, PCL and PBS)
Applications, Regulations, Prices, Trends & Forecast (2011-2016)
http://www.marketsandmarkets.com/Market-Reports/biodegradable-plastics-93.htm
l Early buyers will receive 10% customization of reports.
(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser’s URL address field. Remove the
space if one exists.)
The increasing demand for renewable and bio-based materials and shift in
consumer preference for eco-friendly packaging is driving the market for
global biodegradable plastics. The global biodegradable plastics market in
terms of volume (’000 metric tons) is expected to grow from 664 thousand
metric tons in 2010 to 2330 thousand metric tons in 2016 at an estimated CAGR
of 20.24% from 2011 to 2016.
Biodegradable plastics offer tremendous potential in various applications
including packaging, electronics, transport, textiles and medical. Amongst
all market segments, the starch-based plastics market commands the largest
share in terms of volume, while PLA-based plastics lead the market in terms
of revenue. Packaging forms the largest application market due to increased
consumer awareness for sustainable packaging. The packaging application
contributed over 50% of the global biodegradable plastics market in 2010. In
PLA-based plastics, textiles applications are expected to have the highest
CAGR of 23.16% from 2011 to 2016.
market; estimated to be 40.6% in 2010. This was primarily due to the fact
that focus on sustainability is significant in
European Union. Due to this,
when it comes to certifying and commercializing new plastic products.
America
The market players are focusing on agreement and collaboration in order to
share technical expertise in the production of biodegradable polymers, which
therefore accounted for the highest share of the total competitive
developments in the global biodegradable plastics market from
Industry participants with the most agreements and collaborations; along
with significant product developments include Cardia Bioplastics limited,
Cereplast, Purac, and Telles. In 2011, Cereplast, Inc. concluded a
multi-million dollar distribution agreement with BioWorks Pl for the
distribution of Cereplast bioplastic resins in the Polish market.
Scope of the report
This research report categorizes the global market for biodegradable
plastics market on the basis of product types, applications and geography;
forecasting revenues and analyzing trends in each of the following submarkets.
On the basis of product type
- Starch
- PLA
- PHA
- PCL
- PBS
On the basis of application
- Packaging
- Agriculture
- Transport
- Electronics
- Textiles
- Medical
On basis of geography
- North America
- Europe
- Asia
- RoW
About Us
MarketsandMarkets (M&M) is a global market research and consulting
company based in the U.S. We publish strategically analyzed market research
reports and serve as a business intelligence partner to Fortune 500 companies
across the world. MarketsandMarkets also provides multi-client reports,
company profiles, databases, and custom research services.
M&M covers thirteen industry verticals; including advanced materials,
automotives and transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy and power, food and
beverages, industrial automation, medical devices, pharmaceuticals,
semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by
providing apt business insight with our huge market intelligence repository.
To know more about us and our reports, please visit our website
http://www.marketsandmarkets.com
Contact:
Mr. Rohan
7557 Rambler Road,
Suite 727, Dallas, TX 75231
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
http://www.marketsandmarkets.com
http://marketsandmarkets.blogspot.com
http://twitter.com/marketsmarkets
SOURCE MarketsandMarkets