Biopolymers are polymers produced by living organisms. They are composed of minute components called biomolecules. These molecules are covalently bonded to form larger structures. There are three main classes of biopolymers classified according to the monomeric units used and the structure of the biopolymer formed such as polynucleotides (RNA and DNA), amino acids and polysaccharides. Biopolymers find their application in the manufacturing of rubber, suberin, melanin, and lignin. As biopolymers are having a capability to repair the damage caused to their molecular structures in a short duration of time, they have good biomedical applications. This also allows biopolymers to form an intermediate in the tissue engineering process through the effective drug-delivery system. Cellulose-based biopolymers are the most common organic compounds surpassing sugar based biopolymers on earth. About 33 percent of all plant matter is cellulose. All these properties give biopolymers a level of moldable capabilities which are very much of use in the packaging industry creating an immediate need for it and thereby increasing the demand for biopolymers market.
According to the analyst at IndustryARC, the Global Biopolymers Market value stood at $12 billion as of 2018. And, the market size is projected to grow at a CAGR of 19% during the forecast period of 2019 to 2025, and the chief region where the marketplace displayed a great demand as of 2018 was Europe, encompassing 55% of the global demand. The chief application segment would be rigid packaging business with an application CAGR of 21% during the forecast period of 2019-2025. The report is titled “Biopolymers Market: By Type (PLA, Biodegradable Polyester, Biodegradable Starch Blends, and others) By Application & Geographic Analysis – Forecast (2018-2023).”
Leading companies working in biopolymers market place are BASF SE, Danimer Scientific, NovamontSpA, Galatea BioTech, Total Corbion, Plantic Technologies Ltd., FMC BioPolymer A.S, NatureWorks LLC, Sigma-Aldrich and Biome Technologies Ltd. BASF SE is into the production of packaging materials of various forms and shapes pleasing the aesthetic senses of the customers. Danimer Scientific is intending to create its version of future from compostable polymers for today’s sustainable products to achieving 100% biodegradable bioplastics for tomorrow.
Galatea BioTech is a white biotech startup company actively involved in the manufacturing and marketing of fine and bulk chemicals and their derivatives. This is made possible due to its ability to develop and engineer suitable microorganisms by the recombinant DNA technique. Total Corbionmanufacturers bioplastics with a special Total Corbion PLA plastic material. PLA is a bio-based plastic with a low carbon footprint currently used in packaging and food service ware and is increasingly becoming the material of choice for more demanding applications in automotive, electronics and textiles.
Biopolymers market is witnessing a growth in the adaptation as the carbon footprint of the environment is now better than ever before. These materials help in natural ways of packaging products that need special care and can be molded into perfect form once a round of internal processing is done.
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Biodegradable Plastic Market
What can you expect from the report?
The biopolymers marker report is prepared with the main agenda to cover the following 20 points:
- Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
- Market trends & Relevant Market Data 12. Country-level Analysis
- Manufacturer Landscape 13. Competitor Analysis
- Distributor Landscape 14. Market Shares Analysis
- Pricing Analysis 15. Value Chain Analysis
- Top 10 End-user Analysis 16. Supply Chain Analysis
- Product Benchmarking 17. Strategic Analysis
- Product Developments 18. Current & Future Market Landscape Analysis
- Mergers & Acquisition Analysis 19. Opportunity Analysis
- Patent Analysis 20. Revenue and Volume Analysis
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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.