Analyst Briefing Presentation on the Biodegradable Plastics Market: by Types (Starch, PLA, PHA, PCL and PBS) Applications, Regulations, Prices, Trends & Forecast (2011-2016) to be held on May 23, 2011
The CMF practice at MarketsandMarkets is pleased to announce its “Analyst Briefing Presentation” on the
“Biodegradable Plastics Market: by Types (Starch, PLA, PHA, PCL and PBS) Applications, Regulations, Prices, Trends & Forecast (2011-2016)” to be held on May 23, 2011.
The increasing demand for renewable and bio-based materials and shift in consumer preference to eco-friendly packaging are driving the market for global biodegradable plastics. The global biodegradable plastics market in terms of volume (‘000 metric tons) is expected to grow from 664 thousand metric tons in 2010 to 2330 thousand metric tons in 2016 at an estimated CAGR of 20.24% from 2011 to 2016.
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Amongst all the market segments, the starch-based plastics market commands the largest share in terms of volume, while PLA-based plastics lead the market in terms of revenue. Packaging forms the largest application market due to increased consumer awareness for sustainable packaging. The packaging application contributed over 50% of the global biodegradable plastics market in 2010. In PLA-based plastics, textiles applications are expected to have the highest CAGR of 23.16% from 2011 to 2016.
Europeaccounted for the major share for global biodegradable plastics market estimated to be 40.6% in 2010. This was primarily due to the fact that focus on sustainability is significant inEurope, especially in the European Union. Due to this,Europeis the most regulated market especially when it comes to certifying and commercializing new plastic products.North Americaforms the second largest biodegradable plastics market in the world. The market players are focusing in agreement and collaboration in order to share technical expertise in the production of biodegradable polymers, which therefore accounted for the highest share of the total competitive developments in the global biodegradable plastics market from May 2008 to April 2011.
Industry participants with the most agreement and collaboration and new product developments include Cardia Bioplastics limited, Cereplast, Purac, and Telles. In 2011, Cereplast, Inc. has concluded a multi-million dollar distribution agreement withBioWorks Plfor the distribution of Cereplast bioplastic resins in thePolandmarket.
This analyst briefing focuses on the global biodegradable plastics market over the period 2011-2016.The agenda for the briefing includes discussion on key high growth markets, marking the growth trend in the biodegradable plastics and applications market. Furthermore, a briefing will be conducted on the competitive scenario and geographic trends and opportunities in the macro- and micro-markets with respect to EMEA,Americas, and APAC.
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