MarketResearchReports.Biz announces addition of new report “Global Bioplastics Market 2012-2018” to its database
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Bioplastics are a type of plastic
manufactured from biomass sources such as vegetable oils and certain starches
and are also called biobased plastic or biodegradable plastic. They are
commonly used for insulation, as a packaging material, and in crockery and food
packaging. Since bioplastics are plant based products, the consumption of
petroleum for the production of plastic is expected to decrease by 10-15
percent by 2018. The bioplastic industry has high potential for growth if the
focus is not just the replacement of current plastic applications but
innovation of newer properties and newer applications as well.
Starch-based and PLA-based
bioplastic classes have shown increased growth in the past years and form a
major part of the bioplastic ingredient market segment. Other such bioplastics
which show promising growth are cellulose-based, polyhydroxyalkanoates based,
bio-polyamide based, and biopolyethylene based bioplastics. The market is
dominated by the United States and Europe which are followed by Asia-Pacific
and Rest of the World.
To Read the Complete Report with TOC Visit: http://www.marketresearchreports.biz/analysis-details/bioplastics-market-global-industry-analysis-size-share-growth-trends-and-forecast-2012-2018
The market is growing rapidly
because more and more companies are entering this market with newer innovations
and applications in automotive and electronics. Europe is a larger bioplastic
market because of limited crude oil reserves. Bioplastics are segmented into a
variety of applications including packaging, agriculture, food services,
automotive consumer electronics, household appliances, and consumer goods. The
applications responsible for higher market growth are in food and beverage
packing, catering products, and bags.
Some of the major factors driving
the bioplastic market are high consumer acceptance, high fossil fuel prices,
increase in the dependence on fossil fuels, and the need for more eco-friendly
products. Currently the demand for bioplastics is increasing due to its
renewability and availability of raw material, advanced functionality and
technical properties, and the recycling option that they present.
Some of the major players competing
in this market are Cargill's NatureWorks, Dupont, Braskem (BAK), Toray Industries,
Lanxess AG, Bayer, BASF, and Eastman.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
To Buy The Copy of This Report Visit: http://www.marketresearchreports.biz/analysis/167598
This report is a complete study of current
trends in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of recent
developments in technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review of micro
and macro factors essential for the existing market players and new entrants
along with detailed value chain analysis.
MarketResearchReports.Biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are especially designed to save time and money of our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
Email: sales@marketresearchreports.biz
Website: http://www.marketresearchreports.biz/
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