The North America Bio-Based Polymers Market would witness market growth of 6.5% CAGR during the forecast period (2019-2025).
Bio-based polymers are closest to the concept of replacing mainstream polymers. Today, bio-based polymers are frequently found in numerous applications in biotechnology and public awareness from commodity to hi-tech applications. Despite these improvements, however, there are still some disadvantages which in many applications discourage a further introduction of bio-based polymers. This is primarily because of the quality and cost of bio-based materials relative to their standard components.
As a consequence of increased demand for green chemicals worldwide, the bio-based polymer industry is anticipated to expand substantially during the forecast period. Furthermore, factor such as rigorous regulatory policies on synthetic polymers usage fuels the progress of the bio-based polymer industry.
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 U.S., Mexico, Canada, and Rest of North America.
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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