Polymers, which are petrochemical derivatives, account for about 80% of the total polymeric materials globally produced. Polymer production has been a cause of concern to nations worldwide. The dependency on the petrochemical industry had been irreplaceable until the discovery of biopolymers two decades ago. The emergence of biopolymers is seen as a step toward sustainable development.
Technavio’s analysts forecast the global biopolymers market to grow at a CAGR of 16.83% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global biopolymers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of sales of biopolymer products.
The market is divided into the following segments based on geography: - North Americas - ROW - Western Europe
Technavio's report, Global Biopolymer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver - Government emphasis on biopolymers and efficient plastic waste management - For a full, detailed list, view our report
Market challenger - Cost-effectiveness of conventional plastic over bioplastics - For a full, detailed list, view our report
Market trend - Sustainable production - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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By Infiniti Research Limited
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