Global Biopolymers Market Analysis and Forecasts to 2015

London, United Kingdom (PressExposure) November 24, 2009 -- The biopolymers market, due to the growing awareness and significant decline in the prices, has kindled the interest of several converters and processors. Also, the increase in demand from the consumer’s side has grown mainly due to the increasing awareness of the environmental pollution. This has led to the growth of several underdeveloped polymers such as Poly (Hydroxy Alkanoates) (PHA) and soy-based polymers. Even the, considerably developed market segments such as starch-based and Poly(Lactic Acid) (PLA) are poised for higher growth due to the increasing demand and the technological advancement made in terms of its production and enhancing properties. The total global biopolymers market by volumes is set to grow at a CAGR of 27.18% from 2008 to 2015.

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The packaging market which is the oldest market for biopolymers accounted for the largest share in 2008. It is estimated to hold a revenue share of 53% in 2008. However, with the other markets such as automotive, medical and electrical & electronics applications growing at a higher rate will lead to the packaging market losing its volume share in the forecast period between 2009 and 2015.

Tighter legislations governing effluent discharge will continue to boost growth for water and wastewater treatment technologies such as membrane-based systems. Interestingly, water regulations are becoming global, for example China is adopting regulatory systems emulating the EPA practices. International regulations are expected to supervene upon local and some national regulations — driving growth of water and wastewater treatment technology and introducing new products in the industry.

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The North American region is a well developed market for the biopolymers with the largest commercial producer from that region. Even the soy-based polymer which is relatively new is considerably developed in this region accounting for its leading position in the market. However, in the forecast period this region is set to lag behind the other regions in terms of growth.

Global Markets Direct, the leading business intelligence provider, has released its latest research “Global Biopolymers Market Analysis and Forecasts to 2015”. The study, which is an offering from the company’s Chemicals Research Group, provides in-depth analysis of the global biopolymers market with unit shipment and revenue forecasts up to 2015. Unit Shipment forecasts, which include historical statistics of the market, are provided for the major regions – Europe, North America, Asia Pacific and Rest of the World. The factors that drive and restrain the growth of the biopolymers market are also analyzed in the report. In addition, the research provides market share analysis of the leading biopolymer producers at the global level. The market for each polymer type, namely, starch-based, PLA, PHA and soy-based polymers is analyzed based on regions, end-use applications and markets. The report is built using the data and information sourced from proprietary databases, primary and secondary research and in house analysis by Global Markets Direct’s team of industry experts.

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Press Release Submitted On: November 24, 2009 at 6:19 am
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