Europe Bioplastics & Biopolymers Market By Type (Non-Biodegradable vs Biodegradable), By End-Use Industry (Packaging, Consumer Goods, Agriculture & Horticulture, Textile, Automotive & Transportation and Others), By Country, Competition Forecast and Opportunities, 2028
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEurope Bioplastics & Biopolymers Market By Type (Non-Biodegradable vs Biodegradable), By End-Use Industry (Packaging, Consumer Goods, Agriculture & Horticulture, Textile, Automotive & Transportation and Others), By Country, Competition Forecast and Opportunities, 2028
According to the EuropaBio Association, the European bioplastics industry accounted for around 23,000 jobs in Europe, but this number could increase more than tenfold by 2030, with up to 300,000 high-skilled jobs in the European bioplastics sector.
Furthermore, plastics made from bio-based or partially bio-based materials, like bio-based PE or PET, exhibit the same physical characteristics as their conventional counterparts and, in addition to being mechanically recyclable in current recycling streams, have the added advantage of lowering a product's carbon footprint. The bioplastics and biopolymers sector has developed a wide range of cutting-edge technical and material solutions. Numerous bio-based polymers offer novel material features for improved performance, such as improved optical qualities, greater material strength, increased breathability, and decreased thickness. By being biodegradable in specific settings, cutting-edge polymers like PLA, PHA, or bio-based PBS offer new end-of-life alternatives. Other modern materials, including 100% biobased polyethylene furanoate (PEF), are easily mechanically recyclable and have superior barrier qualities to equivalent conventional polymers.
As per European Bioplastics Association, the production capacities of PLA are also predicted to double by 2023 compared to 2018
causing cancer or changing hormone activity
Recent Developments
- Recently,
the use of independent and internationally respected labels to mark bioplastic
and biopolymer products has become important for consumers to receive
transparent and correct information in the European Union (EU). For instance,
the substantiation of bio-based claims should conform to the EU standards EN
16640 and/or EN 16785. Those standards specify the calculation method for
determining the bio-based (carbon) content in monomers, polymers, and plastic
materials and products based on the C14 content measurement or C14 method and elemental
analysis, respectively. Furthermore, biodegradable products certified according
to the standards EN 13432 and EN 14995 can be called (industrially) compostable.
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Market Segmentation
Market Players
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018 – 2021 |
|
Estimated Year |
2023 |
|
Forecast Period |
2024 – 2028 |
|
Quantitative Units |
Revenue in USD Million, Volume Units and
CAGR for 2018-2022 and 2023-2028 |
|
Report coverage |
Revenue forecast, Volume forecast company share, competitive
landscape, growth factors, and trends |
|
Segments covered |
By Type By End-Use Industry |
|
Country scope |
France, Germany, United Kingdom, Italy, Spain, Finland, Belgium,
Portugal, Denmark, and Netherlands |
|
Key companies profiled |
BASF SE, Novamont S.p.A., Total Carbon
Pla, Biome Bioplastics Limited, Ecovia Renewables Inc., Bio-on S.p.A., Nurel
Biopolymers, HPPE LLC, Specialty Biopolymers Corporation, Meredian Holdings
Group Inc. |
|
Customization scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet
your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request) |
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