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The global Bio Based Functional Polymers market was valued at 6028.05 Million USD in 2020 and will grow with a CAGR of 9.22% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Bio based functional polymers are derived from agricultural feedstock such as corn and potatoes which reduces the dependency on petrochemical products. Initially bio based functional polymers were derived from agricultural feedstock but a recent breakthrough in biotechnology allows polymer derivation from bacterial fermentation, nucleic acids, polysaccharides and proteins.Asia Pacific was the largest regional market in 2017 owing to growing industrialization in emerging countries such as China and India. Demand for natural polymers and favorable regulatory acts are expected to have a positive influence on this regional market. South America is also expected to witness significant growth owing to growth of industrialization in Brazil over the forecast period. Easy access to feedstock in both these regions is expected to act as a competitive advantage over other regional bio-based functional polymer markets. Europe and North America are expected to experience moderate market growth over the next six years.
By Market Verdors:
Nature Works
Futerro
Bio-on
Kaneka
BASF
DowDuPont
Novamont
Ulbe
IRE Chemical
Meridian
Metabolix
Mitsubishi Gas Chemicals
Toyobo
Purac
Yikeman Shandong
Livan
By Types:
Polylactic acid (PLA)
Polyhydroxyalkanoates (PHA)
Polyethylene Terephthalate (PET)
Polybutylene Succinate (PBS)
Polypropylene (PP)
Polyethylene (PE)
By Applications:
Pipe
Profile
Insulation
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Bio Based Functional Polymers Revenue
1.4 Market Analysis by Type
1.4.1 Global Bio Based Functional Polymers Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Polylactic acid (PLA)
1.4.3 Polyhydroxyalkanoates (PHA)
1.4.4 Polyethylene Terephthalate (PET)
1.4.5 Polybutylene Succinate (PBS)
1.4.6 Polypropylene (PP)
1.4.7 Polyethylene (PE)
1.5 Market by Application
1.5.1 Global Bio Based Functional Polymers Market Share by Application: 2022-2027
1.5.2 Pipe
1.5.3 Profile
1.5.4 Insulation
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Bio Based Functional Polymers Market
1.8.1 Global Bio Based Functional Polymers Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Bio Based Functional Polymers Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Bio Based Functional Polymers Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Bio Based Functional Polymers Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Bio Based Functional Polymers Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Bio Based Functional Polymers Sales Volume Market Share by Region (2016-2021)
3.2 Global Bio Based Functional Polymers Sales Revenue Market Share by Region (2016-2021)
3.3 North America Bio Based Functional Polymers Sales Volume
3.3.1 North America Bio Based Functional Polymers Sales Volume Growth Rate (2016-2021)
3.3.2 North America Bio Based Functional Polymers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Bio Based Functional Polymers Sales Volume
3.4.1 East Asia Bio Based Functional Polymers Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Bio Based Functional Polymers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Bio Based Functional Polymers Sales Volume (2016-2021)
3.5.1 Europe Bio Based Functional Polymers Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Bio Based Functional Polymers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Bio Based Functional Polymers Sales Volume (2016-2021)
3.6.1 South Asia Bio Based Functional Polymers Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Bio Based Functional Polymers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Bio Based Functional Polymers Sales Volume (2016-2021)
3.7.1 Southeast Asia Bio Based Functional Polymers Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Bio Based Functional Polymers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Bio Based Functional Polymers Sales Volume (2016-2021)
3.8.1 Middle East Bio Based Functional Polymers Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Bio Based Functional Polymers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Bio Based Functional Polymers Sales Volume (2016-2021)
3.9.1 Africa Bio Based Functional Polymers Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Bio Based Functional Polymers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Bio Based Functional Polymers Sales Volume (2016-2021)
3.10.1 Oceania Bio Based Functional Polymers Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Bio Based Functional Polymers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Bio Based Functional Polymers Sales Volume (2016-2021)
3.11.1 South America Bio Based Functional Polymers Sales Volume Growth Rate (2016-2021)
3.11.2 South America Bio Based Functional Polymers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Bio Based Functional Polymers Sales Volume (2016-2021)
3.12.1 Rest of the World Bio Based Functional Polymers Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Bio Based Functional Polymers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Bio Based Functional Polymers Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Bio Based Functional Polymers Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Bio Based Functional Polymers Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Bio Based Functional Polymers Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Bio Based Functional Polymers Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Bio Based Functional Polymers Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Bio Based Functional Polymers Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Bio Based Functional Polymers Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Bio Based Functional Polymers Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Bio Based Functional Polymers Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Bio Based Functional Polymers Sales Volume Market Share by Type (2016-2021)
14.2 Global Bio Based Functional Polymers Sales Revenue Market Share by Type (2016-2021)
14.3 Global Bio Based Functional Polymers Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Bio Based Functional Polymers Consumption Volume by Application (2016-2021)
15.2 Global Bio Based Functional Polymers Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Bio Based Functional Polymers Business
16.1 Nature Works
16.1.1 Nature Works Company Profile
16.1.2 Nature Works Bio Based Functional Polymers Product Specification
16.1.3 Nature Works Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 Futerro
16.2.1 Futerro Company Profile
16.2.2 Futerro Bio Based Functional Polymers Product Specification
16.2.3 Futerro Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 Bio-on
16.3.1 Bio-on Company Profile
16.3.2 Bio-on Bio Based Functional Polymers Product Specification
16.3.3 Bio-on Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 Kaneka
16.4.1 Kaneka Company Profile
16.4.2 Kaneka Bio Based Functional Polymers Product Specification
16.4.3 Kaneka Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 BASF
16.5.1 BASF Company Profile
16.5.2 BASF Bio Based Functional Polymers Product Specification
16.5.3 BASF Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 DowDuPont
16.6.1 DowDuPont Company Profile
16.6.2 DowDuPont Bio Based Functional Polymers Product Specification
16.6.3 DowDuPont Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 Novamont
16.7.1 Novamont Company Profile
16.7.2 Novamont Bio Based Functional Polymers Product Specification
16.7.3 Novamont Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 Ulbe
16.8.1 Ulbe Company Profile
16.8.2 Ulbe Bio Based Functional Polymers Product Specification
16.8.3 Ulbe Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 IRE Chemical
16.9.1 IRE Chemical Company Profile
16.9.2 IRE Chemical Bio Based Functional Polymers Product Specification
16.9.3 IRE Chemical Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 Meridian
16.10.1 Meridian Company Profile
16.10.2 Meridian Bio Based Functional Polymers Product Specification
16.10.3 Meridian Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 Metabolix
16.11.1 Metabolix Company Profile
16.11.2 Metabolix Bio Based Functional Polymers Product Specification
16.11.3 Metabolix Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.12 Mitsubishi Gas Chemicals
16.12.1 Mitsubishi Gas Chemicals Company Profile
16.12.2 Mitsubishi Gas Chemicals Bio Based Functional Polymers Product Specification
16.12.3 Mitsubishi Gas Chemicals Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.13 Toyobo
16.13.1 Toyobo Company Profile
16.13.2 Toyobo Bio Based Functional Polymers Product Specification
16.13.3 Toyobo Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.14 Purac
16.14.1 Purac Company Profile
16.14.2 Purac Bio Based Functional Polymers Product Specification
16.14.3 Purac Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.15 Yikeman Shandong
16.15.1 Yikeman Shandong Company Profile
16.15.2 Yikeman Shandong Bio Based Functional Polymers Product Specification
16.15.3 Yikeman Shandong Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.16 Livan
16.16.1 Livan Company Profile
16.16.2 Livan Bio Based Functional Polymers Product Specification
16.16.3 Livan Bio Based Functional Polymers Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Bio Based Functional Polymers Manufacturing Cost Analysis
17.1 Bio Based Functional Polymers Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Bio Based Functional Polymers
17.4 Bio Based Functional Polymers Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Bio Based Functional Polymers Distributors List
18.3 Bio Based Functional Polymers Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Bio Based Functional Polymers (2022-2027)
20.2 Global Forecasted Revenue of Bio Based Functional Polymers (2022-2027)
20.3 Global Forecasted Price of Bio Based Functional Polymers (2016-2027)
20.4 Global Forecasted Production of Bio Based Functional Polymers by Region (2022-2027)
20.4.1 North America Bio Based Functional Polymers Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Bio Based Functional Polymers Production, Revenue Forecast (2022-2027)
20.4.3 Europe Bio Based Functional Polymers Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Bio Based Functional Polymers Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Bio Based Functional Polymers Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Bio Based Functional Polymers Production, Revenue Forecast (2022-2027)
20.4.7 Africa Bio Based Functional Polymers Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Bio Based Functional Polymers Production, Revenue Forecast (2022-2027)
20.4.9 South America Bio Based Functional Polymers Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Bio Based Functional Polymers Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Bio Based Functional Polymers by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Bio Based Functional Polymers by Country
21.2 East Asia Market Forecasted Consumption of Bio Based Functional Polymers by Country
21.3 Europe Market Forecasted Consumption of Bio Based Functional Polymers by Countriy
21.4 South Asia Forecasted Consumption of Bio Based Functional Polymers by Country
21.5 Southeast Asia Forecasted Consumption of Bio Based Functional Polymers by Country
21.6 Middle East Forecasted Consumption of Bio Based Functional Polymers by Country
21.7 Africa Forecasted Consumption of Bio Based Functional Polymers by Country
21.8 Oceania Forecasted Consumption of Bio Based Functional Polymers by Country
21.9 South America Forecasted Consumption of Bio Based Functional Polymers by Country
21.10 Rest of the world Forecasted Consumption of Bio Based Functional Polymers by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Research Methodology:
Bio Based Functional Polymers Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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