The report aims to provide the latest data and insights into the growth prospects and challenges of the global Bioplastics market. It utilizes tools such as constraints and opportunity analysis to evaluate potential opportunities for new goods and services, helping businesses identify and forecast market opportunities.

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The report incorporates both qualitative and quantitative evaluations from subject-matter experts and representatives across various industries along the supply chain The market is predicted to grow at a Compound Annual Growth Rate (CAGR) of 12.6% during the projection period of 2023-2030. Additionally, in terms of volume, the market was valued at 2,377.7 Kilo Tons in 2022 and is projected to grow at a CAGR of 11.6% during the forecast period 2023-2030.

Additionally, the report covers the market’s state, including types and applications in different countries and important locations. It provides detailed information on the key companies in the market, discussing attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.

The leading companies mentioned are

• BASF SE
• Biome Technologies plc
• Braskem
• Corbion N.V.
• Danimer Scientific.
• E. I. du Pont de Nemours and Company
• Eastman Chemical Company
• Futerro SA
• Galactic
• M& G Chemicals
• Mitsubishi Chemical Holdings
• NatureWorks LLC
• Novamont S.p.A.
• Plantic
• PTT Global Chemical Public Company Ltd.
• Showa Denko K.K.
• Solvay SA
• Teijin Ltd.
• Toray Industries
• Toyota Tsusho
• Other Prominent Players

The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.

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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.

The segmentation overview of the global Bioplastics market includes

• Biodegradable
  • Starch-based
  • Polylactic Acid (PLA)
  • Poly hydroxy alkanoates (PHA)
  • Polyester (PBS, PBAT, and PCL)
  • Other Biodegradable Plastics
• Non-biodegradable
  • Bio-polyethylene Terephthalate (PET)
  • Bio-Polyethylene
  • Bio-Polyamides
  • Bio-Polytrimethylene Terephthalate
  • Other Non-Biodegradable Plastics

By Mode of Application Segment of the Global Bioplastics Market is Sub- Segmented into:

• Rigid Packaging
  • Bottles & Jars
  • Trays
  • Others
  • Flexible Packaging
  • Pouches
  • Shopping/Waste Bags
  • Others
• Agriculture & Horticulture
• Consumer goods
• Textile
• Automotive & Transportation
• Building & Construction
• Others

By Region Type Segment of the Global Bioplastics Market is Sub- Segmented into:

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Poland
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
• South America
  • Argentina
  • Brazil
  • Rest of South America

Overall, Astute Analytica’s report on the global Bioplastics market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.

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About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

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