The Europe Bio-Based Polymers Market would witness market growth of 5.2% CAGR during the forecast period (2019-2025).
Bio-based polymers are anticipated to account for a huge share among the polymers range, at the current growth pace. In the past couple of decades, worldwide interest in bio-based polymers has increased as non-fossil fuel polymers are required and considered essential. The number of papers on bio-based polymers and applications in recent years has increased enormously.
The European Union is close to a large amount of government regulatory bodies; therefore, Europes synthetic polymers are experiencing slow development rates and demand for bio-based polymers is increasing substantially. In addition, it is anticipated that favorable government measures towards bio-based polymers will boost the market growth. On the contrary, it is predicted that high prices connected with bio-based polymers will restrict the market growth.
Based on Type, the market is segmented into Polyethylene, Polyamide, Polylactic Acid, Polyethylene Terephthalate, and Other Types. Based on Application, the market is segmented into Textile, Automotive, Industrial, Agriculture, Packaging and Other Applications. The report also covers geographical segmentation of Bio-Based Polymer market. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PTT Global Chemical Public Company Limited, Corbion NV, Mitsubishi Chemical Holdings Corporation, Toray Industries, Inc., Kuraray Co. Ltd., Teijin Limited, Covestro AG, Novamont S.p.A., BASF SE and Arkema S.A.
Market Segmentation:
By Type
By Application
By Country
Companies Profiled
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