4100.00 Dollar US$ Biopolymer Films Market Pune
- Location: Pune, Pune, Maharashtra, India
Biopolymer Films Market size is valued at US$ 4.2 Bn in 2017 and expected to grow at a CAGR of 9% in the forecasting period. Growth indicators in the food & beverage industry along with increasing food packaging demand for prolonged preservation has substantially driven the overall biopolymer films market size over the past few years. The overall food & beverage business in 2005 was roughly around USD 8 trillion and reached approximately USD 17 trillion in 2017. This inclination was particularly driven by growing population along with increasing restaurant & food joints visits of middle class population in Asia Pacific and Latin America, because of increasing consumer spending power in these regions.
Besides various advantages offered by the product. High product cost in comparison with synthetic and semi-synthetic films is one of the major pitfalls faced by the biopolymer films market share contributors. In addition, relatively low vapor barrier and mechanical properties of the product may hamper industry growth in the coming years. However, technological advancements such as multilayer films and atomic layer deposition has introduced products with promising characteristics. The trends along with increasing consumer awareness towards bio-based product usage and government support towards bio-based product usage will create new industry growth prospects over the projected timeframe.
Scope of Biopolymer Films Market:
Biopolymer Films Market By Raw Material
• Bio-based
• Microbial Synthesized
• Synthetic
• Partially Bio-based
Biopolymer Films Market By Technology
• Sol-gel
• Atomic Layer Deposition [ALD]
• Multilayer
Biopolymer Films Market By Product
• PLA
• PHB
• PHA
• PVA
• Polyamide
• Mulch
• Cellophane
Biopolymer Films Market By End-user
• Food & Beverage
• Home & Personal Care
• Medical & Pharmaceutical
• Agriculture
Biopolymer Films Market By Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the Biopolymer Films Market:
• BASF
• Braskem
• Evonik
• Avery Dennison
• Mondi Group
• Plastic Union
• Toray Industries
• Taghleef
• NatureWorks
• Amcor
• Innovia Films
• Industria Termoplastica Pavese
• BioBag International
• Klöckner Pentaplast
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