The Europe Biopolymers Market would witness market growth of 9.8% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 779.5 Kilo Tonnes, showcasing a growth of 8.5% (2019-2022).
These polymers have gained significant traction in packaging as a sustainable alternative to conventional plastics. Polylactic acid (PLA), polyhydroxyalkanoates (PHA), and starch-based polymers are commonly used to produce biodegradable and compostable packaging materials. They are crucial in the medical and pharmaceutical industries due to their biocompatibility and biodegradability. Surgical sutures, drug delivery devices, and scaffolds for tissue engineering are made from polyglycolic acid (PGA) and polylactic acid (PLA). Using biopolymers in these applications reduces the risk of adverse reactions and promotes better integration with biological tissues.
In agriculture, they are utilized for various applications, including developing biodegradable mulch films and crop protection products. These films help control weed growth, conserve soil moisture, and regulate temperature. Agricultural biopolymers contribute to sustainable farming practices by reducing the environmental impact of traditional plastic mulch films. The automotive sector is exploring the use of these polymers to create interior components and non-structural parts. Biodegradable and lightweight polymers can produce car interiors, reducing the environmental impact of vehicle manufacturing. This application aligns with the industry's increasing focus on sustainability and reducing carbon footprint.
According to the UK Government, with its highly linked supply chains and substantial demand for UK-built cars throughout the region, the European region has benefited the U.K. The consumer goods industry in France encompasses a wide range of personal care products. They contribute to the principles of the circular economy by being compostable or recyclable in France. France's consumer goods industry can promote a circular economy by adopting these polymers and encouraging proper disposal and recycling practices. They can produce sustainable and biodegradable packaging for various consumer goods in France. From food packaging to cosmetics and household products, the use of these polymers aligns with consumer preferences for environmentally friendly and recyclable packaging in France. Hence, the factors mentioned above will drive the regional market growth.
The Germany market dominated the Europe Biopolymers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,861.5 million by 2030. The UK market is exhibiting a CAGR of 8.8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 10.7% during (2023 - 2030).
Free Valuable Insights: The Global Biopolymers Market will Hit USD 33.8 Billion by 2030, at a CAGR of 10.1%
Based on End-use, the market is segmented into Packaging, Consumer Goods, Automotive, Agriculture, and Textiles & Others. Based on Application, the market is segmented into Bottle, Films, Fibers, Seed Coating, Medical Implants, Vehicle Components, and Others. Based on Product, the market is segmented into Biodegradable Polyesters, Bio-PE, Bio-PET, Polylactic Acid (PLA), Polyhydroxyalkanoate (PHA), and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By End-use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Product Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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