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According to a new report LAMEA Bio-Based Polymer Market, published by KBV research, the LAMEA Bio-Based Polymers Market would witness market growth of 7.2% CAGR during the forecast period (2019-2025).
The Brazil market dominated the LAMEA Polylactic Acid Market by Country in 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $71 Million by 2025, growing at a CAGR of 7.2 % during the forecast period. The Argentina market is expected to witness a CAGR of 9.3% during (2019 - 2025). Additionally, The UAE market is expected to witness a CAGR of 7.4% during (2019 - 2025).
The Packaging market dominated the Saudi Arabia Bio-Based Polymer Market by Application in 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $51.8 Million by 2025, growing at a CAGR of 6.8 % during the forecast period. The Automotive market is expected to witness a CAGR of 7.9% during (2019 - 2025). The Industrial market is expected to witness a CAGR of 8.1% during (2019 - 2025).
The Polyamide market dominated the South Africa Bio-Based Polymer Market by Type in 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $52 Million by 2025, growing at a CAGR of 7.3 % during the forecast period. The Polyethylene market is expected to witness a CAGR of 8.2% during (2019 - 2025). The Polylactic Acid market is expected to witness a CAGR of 8.5% during (2019 - 2025).
Full Report:https://www.kbvresearch.com/lamea-bio-based-polymer-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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