DUBLIN, Apr. 22, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/8hnmr5/global_bioplastic) has announced the addition of the "Global Bioplastic Packaging Material Market 2015-2019" report to their offering.
The Global Bioplastic Packaging Materials market to grow at a CAGR of 23.75% over the period 2014-2019
A major trend being observed in the market is increased demand for bioplastic packaging from developing countries, especially those in the APAC region and Latin America.
According to the report, the demand for bioplastics is expected to surge during the forecast period because of an increased need for eco-friendly packaging. Increased awareness of the benefits of bioplastic packaging among end-users is propelling the growth of the market.
Further, the report states that high cost of production to produce bioplastic materials is a major restraint for the market vendors. Widening of the demand-supply gap in the last few years has led to a substantial increase in the cost of raw materials.
Based on application, the Global Bioplastic Packaging Materials market can be classified into two segments: Flexible and Rigid Packaging.
On the basis of product type, the Global Bioplastic Packaging Materials market can be categorized into five segments: Bio-PET, PLA and PLA Blends, Starch Blends, Bio-PE, and Others.
The Others segment includes durable starch blends, bio-PC, bio-PTE, bio-PUR, bio-PA, PPT, and other cellulose-based products.
Other Prominent Vendors
- Albis Plastics
- Bayer MaterialScience
- Biome Bioplastics
- Cardia Bioplastics (Biograde)
- DaniMer Scientific
- Dow Chemical Company
- Eastman Chemical Company
- FKuR Kunststoff
- Grace Biotech
- IFS chemicals
- Innovia Films
- IRE Chemicals
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Application
- Market Segmentation by Product Type
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/8hnmr5/global_bioplastic
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SOURCE Research and Markets