Bio Based Polymers Market
                     Bio Based Polymers Market
Set to Exceed $29.6 Billion by 2026 | CAGR 10%
“Bio-based Polymers Market Share, Size, Trends, & 
Industry Analysis Report, [By Product (PET, PA, PEF, 
PE, PUR, PBS, PHA, PTT, Epoxies, Others), By End-
Use (Textile, Automotive, Films & Coatings, 
Electronics, Industrial), By Regions]: Segment 
Forecast, 2018 - 2026”
Bio Based Polymers Market Estimate & Forecast to 2026
The global bio-based polymers market was estimated to be worth of USD 14.2 billion in 2018 
and is projected to grow at a CAGR of 10% over the forecast period.
Bio-based polymers are obtained through the polymerization of bio-based raw materials 
through engineered industrial processes. The raw materials of bio-based polymers are either 
isolated from plants and animals or synthesized from biomass using enzymes or 
microorganisms. The raw materials used for manufacturing bio-based polymers includes 
corn fiber, wheat by-products, food processing waste, paper mill sludge, stems, leaves, 
livestock waste, and others.
Initially bio-based functional polymers were derived from agricultural feedstock, but a recent 
breakthrough in technology has shifted focus to derive from nucleic acids, proteins, 
polysaccharides, and bacterial fermentation by synthesizing monomers like fatty acids, 
cellulose, and starch.
Increasing dependence on synthetic polymers has led to a rise in environment risks 
associated with disposal and recycling. The combustion of these synthetic polymers releases 
harmful greenhouse gasses (GHGs) and other toxic gasses into the atmosphere, thereby 
degrading the environment and leading to ozone depletion & global warming. Stringent 
environmental regulations oConpy rifgoht s© sPoilla risf uMaerkle t Rperseoardchu & cCotnsu ltbingy L LPr e20g18u. Allla Ritgohtsr Ryes earvuedthorities such as the EPA 2
and REACH coupled with government initiatives to reduce dependency on petrochemicals 
have been responsible for the development of bio-based alternatives
  Bio Based Polymers Market Scope
By Product By End-Use By Region Report Attributes
 PET  Textile  North America  Historic year: 2015-2017
 PA  Automotive  Europe  Base year: 2018
 PEF  Films & Coatings  Asia Pacific  Forecast Year: 2018-2026
 PE  Electronics  Latin America Middle East &  Revenue (USD Billion)
 PUR  Industrial Africa 
 PBAT
 PBS
 PHA
 PTT
 Epoxies
 Others
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 Bio Based Polymers Market Estimate & Forecast to 2026
The bio-based polymers are manufactured through the polymerization of bio-based raw 
materials through engineered industrial processes. Bio-based polymers are usually 
manufactured from vegetable oils derived from castor, soybean, rapeseed, or sunflower 
corn fiber, wheat by-products, food processing waste, paper mill sludge, stems, leaves, 
livestock waste, and others.
The major global raw material manufacturers include companies such as Victrexplc, 
Mitsubishi, and Wageningen UR among several others. The bio-based content in polymer 
varies depending on the type of feedstock that is used during manufacturing.
Major bio-based polymer manufacturers include Cargill, Lubrizol, BASF SE, Bayer Material 
Science, and Dow Chemical where these companies further process polymer using 
numerous industrial techniques. In certain cases, some companies supply the unfinished 
biopolymer to other small and medium-scaled companies. Moreover, several major players 
operating in the market such as BASF SE, Cargill, Bayer Material Science, Bio Based 
Technologies, and BioAmber have forward integrated their operations, starting from 
producing raw materials to production of bio-based polymer.                                               
        
                                                                                    
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