Bioplastics Market Likely to Boost Future Growth by 2028
                     Bioplastic Market Global Analysis and
Forecast to 2028
Published Date : March 2022
 
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Report Studies
 Bioplastics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By 
Type (Biodegradable and Non-Biodegradable) and Application (Packaging, 
Agriculture, Consumer Goods, Automotive & Transportation, Textiles, Building & 
Construction, and Others)
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Bioplastics market 
Overview
 The Bioplastics market is expected to grow from US$ 5,799.8 million in 2021 to US$ 
13,806.1 million by 2028; it is estimated to grow at a CAGR of 13.2% from 2021 to 2028.
 Bioplastics is a substance made from organic biomass sources, unlike conventional plastics 
made from petroleum. Bioplastics are made through a number of different processes.
  Bioplastics market is expected to retain its dominance during the forecast period. 
Consumers are increasingly shifting their preference toward bio-based plastics due to the 
growing environment-related regulations and rising government initiatives to encourage 
environmental awareness.
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Key Segment Market
Segment By Type:-
 By Type (Biodegradable and Non-Biodegradable)
 Application (Packaging, Agriculture, Consumer Goods, Automotive & Transportation, Textiles, 
Building & Construction, and Others)
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e
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$50,000
Bioplastics Market
$40,000
Value
$30,000
CAGR of 13.2 % 
$20,000
(2021 - 2028)
$10,000
$0
20XX 20XX 20XX 20XX 20XX
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Company Profiles
 Teijin Limited
 Toray Industries, Inc.
 Sabic
 BASF SE
 Total Carbion PLA
 Braskem S.A.
 Biome Bioplastics
 Mitsubishi Chemical Corporation
 Novamont S.P.A.
 Natureworks LLC.
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By Geography
 North America (the US, Canada, and Mexico)
 Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe)
 Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific)
 Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & 
Africa)
 South & Central America (Brazil, Argentina, and the Rest of South & Central America).
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