Sustainable Polymers Market by Types of Polymers (Cellulosic Plastics, Polyactides, & Phenol), by Extraction Method, by Application , by End-User, And by Region - Industry Analysis, Size, Trends & Forecast 2017-2030

Market Overview

Global sustainable polymers market is based on the need of sustainable development of environment, health and economy using renewable resources for less greenhouse gasses emission, smaller carbon footprint, and use less net water. The traditional polymers have adverse effect on environment and as well as on health of living beings. Since 1960 share of plastics in municipal solid waste has increased by 50% till 2010 produced from middle-high income countries. In ocean basins, 4-12 million metric ton land waste entered marine environment in 2010. Global plastic demand was 322 million tons in 2015, which has high potential to be replaced by sustainable plastics.

Initiatives towards accepting sustainable polymers are increasing such as in 2017, globally 2.4 million ton bio-based polymers capacity was installed. Sustainable polymers market will be impacted by the Ocean Conference, 2017 that calls for urgent action required on marine plastic pollution and growth of sustainable polymers that are degradable.

Global Sustainable Polymers Market Segmentation

By Types of Polymers

• Cellulosic Plastics
• Polylactides (Pla)
• Starch-Plastics
• Soy-Plastics
• Phenol Plastics

By Extraction Material

• Polymers obtained from Phenolic materials (seed, fibre, shell, wood, bagasse)
• Polymers obtained from Lactic Acid
• Polymers obtained from Alcohols
  • Vegetable oils – soybean oil, mustard oil, castor oil, 
  • Glycerol
• Polymers obtained using CO2 (Corn Stover)

By Application

• Packaging
• Fibers
• Cosmetics
• Agriculture seed coatings
• Automotive interior parts
• Others (medical implants)

By End-User

• Food and Beverages
• Automotive Industry
• Healthcare
• Agriculture
• Chemicals industry
• Semiconductor & Electronics

Based on Geography

• North America (U.S. & Canada)  sustainable polymers market {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest of Latin America)  sustainable polymers market {Market Share (%), Market Size (USD Billion)}
• Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE)  sustainable polymers market {Market Share (%), Market Size (USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)  sustainable polymers market {Market Share (%), Market Size (USD Billion)}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA)  sustainable polymers market {Market Share (%), Market Size (USD Billion)}

Market Share by Application & Geography

On the basis of application, sustainable packaging market was USD 218 billion in 2017. Sustainable packaging market is expected to grow owing to the current scenario of packaging industry that had the largest market share of 35.2% in 2017 because of advantages of plastics such as high assurance, sustainability, easy opening, protection and preservation and creativity. Of the end-user segment, food and beverages industry is expected to keep growing at a CAGR of 4.7% over the forecast years due to the advantages of bio-polymers over the traditional polymers that are free from chemicals which over the period degrade the quality of food and beverages.

Based on geography, Asia-Pacific is the biggest consumer of plastics having 41.0% market share followed by North America having 24.0% market share in 2015. Asia is seeing implementation of bio refineries and bio hubs in South Asian countries. Government of Thailand has made roadmaps to introduce the bio-based plastics and increase its export capabilities. US and Canada has increasing demand for sustainable plastics at the rate of 5.2% in 2017 owing to the steps taken towards climate change and decrease its total carbon emission. Europe region has been taking aggressive steps towards sustainable environment such as circular economy action plan. Thus Europe has highest opportunity for adopting sustainable polymers.

Market Trends, Drivers and Challenges

Biopolymers are trending in construction, automotive and aerospace sectors to produce lightweight plastics and composites with excellent structural properties. In 2017, the 14.65 million light vehicles were assembled in USA that used 2.45 million tons of plastics and polymer composites valued at USD 390 in every vehicle.

Sustainable polymers market is witnessing growth driven by the application of green chemistry to produce green and natural polymers and the new methods for producing plastics. Green chemistry designs products and processes that minimize the use of harmful substances and thus open areas for development of sustainable polymers such as green chemistry can eliminate the use of Bisphenol A, an important raw material, for the production of polycarbonates. Over 90% populations in developed countries have detectable amounts of Bisphenol A in their urine.    

Further, the major challenge for the sustainable polymers market is the physical properties such as toughness, color, melting temperature and elasticity. These physical properties are far better in existing traditional polymers with an advantage of being cost effective. Also the raw materials required for the manufacturing of sustainable polymers have raised concerns over the food security and land-use patterns.

Covered In This Global Sustainable Polymers Market Report

The report covers the present ground scenario and the future growth prospects of the sustainable polymers market for 2017-2030 along with the import and export data of sustainable polymers. We calculated the market size and revenue share on the basis of revenue generated from major players and sales of sustainable polymers across the globe. We have forecasted the market size on the basis of presence of both the regional and global vendors, in addition with the information related to the product extensions, innovation in technology, and the influx of private labels in the market. 

Sustainable polymers market outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the sustainable polymers market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global sustainable polymers market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Key Players

Global sustainable polymers market report comprises of the following companies as the key players in the sustainable polymers market: Arkema, DuPont, NatureWorks, Novamont, AVA Biochem, Plantic, BASF, Cardia Bioplastics

Other high-flying vendors in the nail care market are: ENSO Plastics, Cyclicor, IEI Plastics, MBA Polymers, Novomer.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Sustainable Polymers Market Report

• What is the total market size by 2030 and what would be the expected growth rate?
• What is the revenue of sustainable polymers market in 2015-16 and what would be the expected demand over the forecasted period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who all are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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