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Top 15 Bioplastic Companies, Worldwide 2024

Report Code: 360-CH 2325

Published Date: Apr 2020

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Comparing 15 vendors in Bioplastics across 0 criteria.

The Bioplastic Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Bioplastics. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 150 companies of which the Top 15 Bioplastic Companies were categorized and recognized as the quadrant leaders.

Market Leadership Quadrant
Market Presence
Contenders Contenders
Market Leaders Market Leaders
Emerging Companies Emerging Companies
Innovators Innovators
BASF
LOTTE Chemical
Versalis S.P.A.
TORAY INDUSTRIES INC
Mitsubishi Chemical
FKuR
NatureWorks
TotalEnergies Corbion
Biome Bioplastics
Plantic Technologies
Avantium
SABIC
LyondellBasell
Braskem
Biotec
Product Footprint
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Icon Company
Icon Headquarters
Icon Year Founded
Icon Holding Type
Avantium Amsterdam, Netherlands 2000 Public
BASF Ludwigshafen, Germany 1865 Public
Biome Bioplastics Southampton, UK 2002 Private
Biotec Emmerich am Rhein, Germany 1992 Private
Braskem São Paulo, Brazil 2002 Public
 
Frequently Asked Questions (FAQs)
Bioplastics are plastics made from renewable sources such as plants, agricultural waste, or microorganisms. They are intended to be more environmentally friendly and sustainable than typical petroleum-based polymers.
Bioplastics have a number of advantages, including a lower carbon footprint, potential biodegradability, less reliance on fossil fuels, and the ibility to use renewable resources. They contribute to reducing the environmental impact of typical plastics.
Bioplastics are distinguished from ordinary plastics by the fact that they are created from renewable resources rather than fossil fuels. They differ in chemical makeup and can display a variety of properties and behaviors. Under certain conditions, some bioplastics are also designed to be biodegradable or compostable.
Bioplastics are used in a variety of applications, including packaging materials (such as films, bottles, and containers), consumer items (such as cutlery and bags), automotive components, agricultural films, and textile fibers.
No, not all bioplastics degrade in the environment. Bioplastics are classified into two types: durable and biodegradable. While some bioplastics are intended to biodegrade under specified conditions, others are meant to be more resilient and stay longer.
The pace of biodegradation of bioplastics is affected by a variety of factors, including the kind of bioplastic, ambient circumstances, and the presence of appropriate bacteria or enzymes. The time it takes for biodegradation to occur can range from a few months to several years.
It depends on the specific bioplastic. Some bioplastics can be recycled, while others may be incompatible with existing recycling systems and may necessitate the use of specialist facilities or procedures. It is critical to review the recycling instructions supplied by local recycling centers.
Bioplastics (plastics manufactured in part or wholly from biomass) are not all biodegradable, and some biodegradable plastics are entirely petroleum-based. As more businesses strive to be perceived as having "Green" credentials, solutions such as the use of bioplastics are being researched and applied more frequently.
Due to tight restrictions and environmental measures, Europe is one of the top regions in terms of bioplastics production and use. North America and Asia-Pacific are other important markets, with bioplastics becoming more popular.
The bioplastic market faces several challenges, including greater production costs when compared to standard plastics, restrictions in mechanical qualities of particular bioplastics, the need for sufficient waste management infrastructure, and consumer knowledge and acceptance.
 
 

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360 Quadrants is a scientific research methodology by MarketsandMarkets to understand market leaders in 6000+ micro markets

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360 Quadrants is a scientific research methodology by MarketsandMarkets to understand market leaders in 6000+ micro markets

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