Biopolymer Films Market By Raw Material, Technology, Product – 2024

"APAC biopolymer films market to observe maximum gains over 2016-2024, high product demand from food packaging sector to drive the industry growth"

Ocean View, Delaware, United States - July 6, 2017 /MarketersMedia/ —

Biopolymer films market is likely to gain substantial traction in the coming years, subject to the enormous developments in the food and beverage industry. Global food and beverage industry which is projected to witness a lucrative growth at 8% CAGR over 2016-2024, is expected to leave a proportional impact on the market outlook. Increasing proliferation of processed food has substantially driven consumer focus to bio-based food packaging films. Technological interferences in the medical space have also led to an increasing product penetration in the healthcare domain. Concurrently, renowned organizations across the world are taking up initiatives pertaining to more usage of ecofriendly films, in turn complementing the business landscape.

As per a report by Global Market Insights, Inc., “Biopolymer films market is slated to collect a revenue of over USD 6 billion by 2024, with a projected CAGR of 7% over 2016-2024.”

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Technological advancements have played an influential role in the expansion of biopolymer films market. Multilayer technology is widely preferred in the food, cosmetic, and pharmaceutical industry owing to some of its value-added characteristics such as moisture barrier, seal ability, that enables better product sustainability. As per estimates, this technology accounted for more than 50% of the overall share in 2015. Biopolymer films market from ALD will also witness a profitable road map at an annual growth rate of 5.5% over the coming seven years. ALD technology mainly uses PHB and PLA films which enable better antibacterial protection and water vapor barrier.

Overall PLA biopolymer films covered 25% of the global biopolymer films market in 2015, and is likely to witness substantial growth in the years ahead. Extensive application of the product in food packaging and agricultural sectors is expected to considerably boost the market demand over the coming years. However, low impact and thermal resistance of the products may act as the major pitfalls to the business expansion. PHB films market will also witness steady gains at a CAGR of 5% over 2016-2024.

Food packaging applications dominated the biopolymer films industry share in 2015, accounting for almost 35% of the overall volume. Enforcing stringent regulations by renowned organizations such as FDA, EPA against usage of semi synthetic, and synthetic films for food packaging along with spreading consumer awareness about biodegradable product applications have played a pivotal role in influencing biopolymer films market dynamics.

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With U.S. at the helm, North America accounted for 25% of the overall biopolymer films industry share in 2015. Subject to the prevalence of strict norms implemented in the region for food packaging application, North America market is expected to hold a strong position in the global industry in the years ahead. The paradigm shift in consumer inclination toward natural products will allow APAC biopolymer films market to witness the highest growth in the coming seven years.

Some of the prominent players engaged in the market include Braskem, BASF, Taghleef, Evonik, Innovia Films, Plastic Union, Avery Dennison, Mondi Group, and Industria Termoplastica Pavese.

Chapter 4. Biopolymer Films Market, By Raw Material
4.1. Global biopolymer films market share by raw material, 2015 & 2024
4.2. Bio-based
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. Microbial synthesized
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
4.4. Synthetic
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5. Partially bio-based
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024

Chapter 5. Biopolymer Films Market, By Technology
5.1. Global biopolymer films market share by technology, 2015 & 2024
5.2. Sol-gel
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013 – 2024
5.3. Atomic layer deposition (ALD)
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 – 2024
5.4. Multilayer
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by region, 2013 – 2024

Chapter 6. Biopolymer Films Market, By Product
6.1. Global biopolymer films market share by product, 2015 & 2024
6.2. Polylactic acid (PLA) film
6.2.1. Market estimates and forecast, 2013 - 2024
6.2.2. Market estimates and forecast, by region, 2013 – 2024
6.3. Polyhydroxybutyrate (PHB) films
6.3.1. Market estimates and forecast, 2013 - 2024
6.3.2. Market estimates and forecast, by region, 2013 – 2024
6.4. Polyhydroxyalkanoate (PHA) films
6.4.1. Market estimates and forecast, 2013 - 2024
6.4.2. Market estimates and forecast, by region, 2013 – 2024
6.5. Polyvinyl alcohol (PVA) films
6.5.1. Market estimates and forecast, 2013 - 2024
6.5.2. Market estimates and forecast, by region, 2013 – 2024
6.6. Polyamide films
6.6.1. Market estimates and forecast, 2013 - 2024
6.6.2. Market estimates and forecast, by region, 2013 – 2024
6.7. Mulch films (starch blends)
6.7.1. Market estimates and forecast, 2013 - 2024
6.7.2. Market estimates and forecast, by region, 2013 – 2024
6.8. Cellophane
6.8.1. Market estimates and forecast, 2013 - 2024
6.8.2. Market estimates and forecast, by region, 2013 – 2024
6.9. Others
6.9.1. Market estimates and forecast, 2013 - 2024
6.9.2. Market estimates and forecast, by region, 2013 – 2024

Browse Full TOC @ https://www.gminsights.com/toc/detail/biopolymer-films-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Release ID: 214746