Bio-Based Materials Market Size, Share, Trends, Growth 2032
Bio-Based Materials Market by Type (Bio-Based Polyethylene terephthalate (PET), Bio-Based Polyethylene (PE), Bio-Polycarbonate, Bio-Polyamide, and Bio-Polypropylene (PP)) and by Applications (Rigid Packaging, Flexible Packaging, Textiles, Automotive and Transport, Consumer Goods, Building and Construction, Electrics and Electronics, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024-2032
| Market Size in 2024 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 41.37 Billion | USD 320.88 Billion | 25.60% | 2023 |
Table Of Content
- Chapter 1. Introduction
- 1.1. Report description and scope
- 1.2. Research scope
- 1.3. Research methodology
- 1.3.1. Market research process
- 1.3.2. Market research methodology
- Chapter 2. Executive Summary
- 2.1. Global bio-based materials market, 2017 - 2026 (USD Million)
- 2.2. Global bio-based materials market: snapshot
- Chapter 3. Bio-Based Materials Market- Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Global bio-based materials market drivers: impact analysis
- 3.2.2. Increasing investments in bio-based polymers
- 3.2.3. Increasing awareness and shifting towards renewable resources
- 3.3. Market Restraints
- 3.3.1. Global bio-based materials market restraints: impact analysis
- 3.3.2. Cost competitiveness
- 3.3.3. Stringent policies and regulations
- 3.4. Opportunities
- 3.4.1. I High investment for new bio-based polymer capacities in developing economies
- 3.5. Porter's five forces analysis
- 3.5.1. Bargaining power of suppliers
- 3.5.2. Bargaining power of buyers
- 3.5.3. Threat from new entrants
- 3.5.4. Threat from new substitutes
- 3.5.5. Degree of competition
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis, by type segment
- 3.6.2. Market attractiveness analysis, by applications segment
- 3.6.3. Market attractiveness analysis, by regional segment
- Chapter 4. Global Bio-Based Materials Market- Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global bio-based materials market: company market share, 2017
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New therapy launch
- 4.2.3. Agreements, partnerships, collaborations and joint ventures
- 4.2.4. Research and development and regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Bio-Based Materials Market- Type Segment Analysis
- 5.1. Global bio-based materials market: product overview
- 5.1.1. Global bio-based materials market revenue share, by type, 2017 and 2026
- 5.2. Bio-Based Polyethylene Terephthalate (PET)
- 5.2.1. Global bio-based materials market for bio-based polyethylene terephthalate (PET) market, 2017 - 2026 (USD Million)
- 5.3. Bio-Based Polyethylene (PE)
- 5.3.1. Global bio-based materials market for bio-based polyethylene (PE) market, 2017 - 2026 (USD Million)
- 5.4. Bio-Polyamide
- 5.4.1. Global bio-based materials market for bio-polyamide market, 2017 - 2026 (USD Million)
- 5.5. Bio-Polypropylene (PP)
- 5.5.1. Global bio-based materials market for bio-polypropylene (PP) market, 2017 - 2026 (USD Million)
- 5.6. Bio-Polycarbonate
- 5.6.1. Global bio-based materials market for bio-polycarbonate market, 2017 - 2026 (USD Million)
- 5.1. Global bio-based materials market: product overview
- Chapter 6. Global Bio-Based Materials Market - Application Segment Analysis
- 6.1. Global bio-based materials market: application overview
- 6.1.1. Global bio-based materials market revenue share, by application, 2017 and 2026
- 6.2. Rigid Packaging
- 6.2.1. Global bio-based materials market for rigid packaging 2017 - 2026 (USD Million)
- 6.3. Flexible Packaging
- 6.3.1. Global bio-based materials market for flexible packaging 2017 - 2026 (USD Million)
- 6.4. Textiles
- 6.4.1. Global bio-based materials market for textiles, 2017 - 2026 (USD Million)
- 6.5. Automotive and Transport
- 6.5.1. Global bio-based materials market for automotive and transport, 2017 - 2026 (USD Million)
- 6.6. Consumer Goods
- 6.6.1. Global bio-based materials market for consumer goods, 2017 - 2026 (USD Million)
- 6.7. Building and Construction
- 6.7.1. Global bio-based materials market for other chronic wounds, 2017 - 2026 (USD Million)
- 6.8. Electrics and Electronics
- 6.8.1. Global bio-based materials market for electrics and electronics, 2017 - 2026 (USD Million)
- 6.9. Others
- 6.9.1. Global bio-based materials market for other, 2017 - 2026 (USD Million)
- 6.1. Global bio-based materials market: application overview
- Chapter 7. Global Bio-Based Materials Market- Regional Segment Analysis
- 7.1. Global bio-based materials market: regional overview
- 7.1.1. Global bio-based materials market revenue share, by region, 2017 and 2026
- 7.2. North America
- 7.2.1. North America bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.2.2. North America bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.2.3. U.S.
- 7.2.3.1. U.S. Bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.2.3.2. U.S. Bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.2.4. Rest of North America
- 7.2.4.1. Rest of North America bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.2.4.2. Rest of North America bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.3. Europe
- 7.3.1. Europe bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.3.2. Europe bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.3.3. U.K.
- 7.3.3.1. U.K. Bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.3.3.2. U.K. Bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.3.4. Germany
- 7.3.4.1. Germany bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.3.4.2. Germany bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.3.5. France
- 7.3.5.1. France bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.3.5.2. France bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.3.6. Italy
- 7.3.6.1. Italy bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.3.6.2. Italy bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.3.7. Spain
- 7.3.7.1. Spain bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.3.7.2. Spain bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.3.8. Rest of Europe
- 7.3.8.1. Rest of Europe bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.3.8.2. Rest of Europe bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.4.2. Asia Pacific bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.4.3. China
- 7.4.3.1. China bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.4.3.2. China bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.4.4. Japan
- 7.4.4.1. Japan bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.4.4.2. Japan bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.4.5. India
- 7.4.5.1. India bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.4.5.2. India bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.4.6. Southeast Asia
- 7.4.6.1. Southeast Asia bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.4.6.2. Southeast Asia bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.4.7. Rest of Asia Pacific
- 7.4.7.1. Rest of Asia Pacific bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.4.7.2. Rest of Asia Pacific bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.5.2. Latin America bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.5.3. Brazil
- 7.5.3.1. Brazil bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.5.3.2. Brazil bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.5.4. Rest of Latin America
- 7.5.4.1. Rest of Latin America bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.5.4.2. Rest of Latin America bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.6.2. Middle East and Africa bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.6.3. Middle East and Africa bio-based materials market revenue, by end user, 2017 - 2026 (USD Million)
- 7.6.4. GCC Countries
- 7.6.4.1. GCC countries bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.6.4.2. GCC countries bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.6.5. South Africa
- 7.6.5.1. South Africa bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.6.5.2. South Africa bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.6.6. Rest of Middle East and Africa
- 7.6.6.1. Rest of Middle East and Africa bio-based materials market revenue, by type, 2017 - 2026 (USD Million)
- 7.6.6.2. Rest of Middle East and Africa bio-based materials market revenue, by applications, 2017 - 2026 (USD Million)
- 7.1. Global bio-based materials market: regional overview
- Chapter 8. Company Profile
- 8.1. Anellotech, Inc.
- 8.1.1. Overview
- 8.1.2. Financials
- 8.1.3. Product portfolio
- 8.1.4. Business strategy
- 8.1.5. Recent developments
- 8.2. Arkema
- 8.2.1. Overview
- 8.2.2. Financials
- 8.2.3. Product portfolio
- 8.2.4. Business strategy
- 8.2.5. Recent developments
- 8.3. Avantium
- 8.3.1. Overview
- 8.3.2. Financials
- 8.3.3. Product portfolio
- 8.3.4. Business strategy
- 8.3.5. Recent developments
- 8.4. BASF SE
- 8.4.1. Overview
- 8.4.2. Financials
- 8.4.3. Product portfolio
- 8.4.4. Business strategy
- 8.4.5. Recent developments
- 8.5. Braskem
- 8.5.1. Overview
- 8.5.2. Financials
- 8.5.3. Product portfolio
- 8.5.4. Business strategy
- 8.5.5. Recent developments
- 8.6. Clariant
- 8.6.1. Overview
- 8.6.2. Financials
- 8.6.3. Product portfolio
- 8.6.4. Business strategy
- 8.6.5. Recent developments
- 8.7. Corbion
- 8.7.1. Overview
- 8.7.2. Financials
- 8.7.3. Product portfolio
- 8.7.4. Business strategy
- 8.7.5. Recent developments
- 8.8. DSM
- 8.8.1. Overview
- 8.8.2. Financials
- 8.8.3. Product portfolio
- 8.8.4. Business strategy
- 8.8.5. Recent developments
- 8.9. Dupont
- 8.9.1. Overview
- 8.9.2. Financials
- 8.9.3. Product portfolio
- 8.9.4. Business strategy
- 8.9.5. Recent developments
- 8.10. Eastman Chemical Company
- 8.10.1. Overview
- 8.10.2. Financials
- 8.10.3. Product portfolio
- 8.10.4. Business strategy
- 8.10.5. Recent developments
- 8.11. Evonik Company
- 8.11.1. Overview
- 8.11.2. Financials
- 8.11.3. Product portfolio
- 8.11.4. Business strategy
- 8.11.5. Recent developments
- 8.12. Genomatica
- 8.12.1. Overview
- 8.12.2. Financials
- 8.12.3. Product portfolio
- 8.12.4. Business strategy
- 8.12.5. Recent developments
- 8.13. Gevo
- 8.13.1. Overview
- 8.13.2. Financials
- 8.13.3. Product portfolio
- 8.13.4. Business strategy
- 8.13.5. Recent developments
- 8.14. LANXESS
- 8.14.1. Overview
- 8.14.2. Financials
- 8.14.3. Product portfolio
- 8.14.4. Business strategy
- 8.14.5. Recent developments
- 8.15. M&G Chemicals
- 8.15.1. Overview
- 8.15.2. Financials
- 8.15.3. Product portfolio
- 8.15.4. Business strategy
- 8.15.5. Recent developments
- 8.16. PepsiCo Inc.
- 8.16.1. Overview
- 8.16.2. Financials
- 8.16.3. Product portfolio
- 8.16.4. Business strategy
- 8.16.5. Recent developments
- 8.17. Plastipak Holdings, Inc
- 8.17.1. Overview
- 8.17.2. Financials
- 8.17.3. Product portfolio
- 8.17.4. Business strategy
- 8.17.5. Recent developments
- 8.18. Solvay
- 8.18.1. Overview
- 8.18.2. Financials
- 8.18.3. Product portfolio
- 8.18.4. Business strategy
- 8.18.5. Recent developments
- 8.19. TEIJIN LIMITED
- 8.19.1. Overview
- 8.19.2. Financials
- 8.19.3. Product portfolio
- 8.19.4. Business strategy
- 8.19.5. Recent developments
- 8.20. M&G Chemicals
- 8.20.1. Overview
- 8.20.2. Financials
- 8.20.3. Product portfolio
- 8.20.4. Business strategy
- 8.20.5. Recent developments
- 8.21. THE COCA-COLA COMPANY
- 8.21.1. Overview
- 8.21.2. Financials
- 8.21.3. Product portfolio
- 8.21.4. Business strategy
- 8.21.5. Recent developments
- 8.22. TORAY INDUSTRIES, INC.
- 8.22.1. Overview
- 8.22.2. Financials
- 8.22.3. Product portfolio
- 8.22.4. Business strategy
- 8.22.5. Recent developments
- 8.23. Toyota Tsusho Corporation
- 8.23.1. Overview
- 8.23.2. Financials
- 8.23.3. Product portfolio
- 8.23.4. Business strategy
- 8.23.5. Recent developments
- 8.1. Anellotech, Inc.
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global bio-based materials market revenue, 2017 – 2026 (USD Million)
4. Porter’s five forces analysis
5. Bio-based materials market attractiveness analysis, by type segment
6. Bio-based materials market attractiveness analysis, by applications segment
7. Bio-based materials market: market attractiveness analysis, by regional segment
8. Company market share analysis, 2017
9. Global bio-based materials market revenue share by type, 2017 and 2026
10. Global bio-based materials market for bio-based polyethylene terephthalate (PET) market, 2017 – 2026 (USD Million)
11. Global bio-based materials market for bio-based polyethylene (PE) market, 2017 – 2026 (USD Million)
12. Global bio-based materials market for the bio-polyamide market, 2017 – 2026 (USD Million)
13. Global bio-based materials market for bio-polypropylene (PP) market, 2017 – 2026 (USD Million)
14. Global bio-based materials market for the bio-polycarbonate market, 2017 – 2026 (USD Million)
15. Global bio-based materials market revenue share by applications, 2017 and 2026
16. Global bio-based materials market for rigid packaging market, 2017 – 2026 (USD Million)
17. Global bio-based materials market for flexible packaging market, 2017 – 2026 (USD Million)
18. Global bio-based materials market for textiles market, 2017 – 2026 (USD Million)
19. Global bio-based materials market for automotive and transport market, 2017 – 2026 (USD Million)
20. Global bio-based materials market for consumer goods market, 2017 – 2026 (USD Million)
21. Global bio-based materials market for building and construction market, 2017 – 2026 (USD Million)
22. Global bio-based materials market for electrics and electronics market, 2017 – 2026 (USD Million)
23. Global bio-based materials market for another market, 2017 – 2026 (USD Million)
24. Global bio-based materials market revenue share by region, 2017 and 2026
25. North America bio-based materials market, 2017 – 2026 (USD Million)
26. Europe bio-based materials market, 2017 – 2026 (USD Million)
27. Asia Pacific bio-based materials market, 2017 – 2026 (USD Million)
28. Latin America bio-based materials market, 2017 – 2026 (USD Million)
29. The Middle East and Africa bio-based materials market, 2017 – 2026 (USD Million)
Table Of Tables
List of Tables
1. Bio-based materials market: market snapshot
2. Drivers of global bio-based materials market: impact analysis
3. Restraints of global bio-based materials market: impact analysis
4. North America bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
5. North America bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
6. U.S. Bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
7. U.S. Bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
8. Rest of North America bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
9. Rest of North America bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
10. Europe bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
11. Europe bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
12. U.K. Bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
13. U.K. Bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
14. Germany bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
15. Germany bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
16. France bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
17. France bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
18. Italy bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
19. Italy bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
20. Spain bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
21. Spain bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
22. Rest of Europe bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
23. Rest of Europe bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
24. Asia Pacific bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
25. Asia Pacific bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
26. China bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
27. China bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
28. Japan bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
29. Japan bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
30. India bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
31. India bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
32. Southeast Asia bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
33. Southeast Asia bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
34. Rest of Asia Pacific bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
35. Rest of Asia Pacific bio based materials market revenue, by applications, 2017 – 2026 (USD Million)
36. Latin America bio based materials market revenue, by type, 2017 – 2026 (USD Million)
37. Latin America bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
38. Brazil bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
39. Brazil bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
40. Rest of Latin America bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
41. Rest of Latin America bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
42. Middle East and Africa bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
43. Middle East and Africa bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
44. GCC countries bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
45. GCC countries bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
46. South Africa bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
47. South Africa bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
48. Rest of Middle East and Africa bio-based materials market revenue, by type, 2017 – 2026 (USD Million)
49. Rest of Middle East and Africa bio-based materials market revenue, by applications, 2017 – 2026 (USD Million)
Methodology
FrequentlyAsked Questions
Biomaterials, or bio-based materials, are substances that are produced from renewable resources discovered in the environment. Agricultural byproducts, plants, animals, and microorganisms are all examples of such resources. Materials derived from fossil fuels are frequently regarded as less environmentally sustainable in terms of production and utilization than bio-based materials. These materials contribute significantly to the promotion of a circular and sustainable economy and the mitigation of environmental issues.
Supportive government policies and regulations regarding renewable resources and sustainable practices can have a substantial effect on the expansion of the bio-based materials market. Regulations, subsidies, and incentives that encourage the use of bio-based materials can stimulate market growth. Consumers' desire for sustainable and eco-friendly products and their increasing consciousness of environmental issues may stimulate demand for bio-based materials. The purchasing decisions of consumers are being influenced by their preferences for products that have a reduced environmental impact.
The global bio-based materials market size was worth around USD 41.37 billion in 2023 and is predicted to grow to around USD 320.88 billion by 2032.
The global bio-based materials market with a compound annual growth rate (CAGR) of roughly 25.60% between 2024 and 2032.
The regional segmentation comprises present and projected demand for the following regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Additionally, it is subdivided into significant countries such as the United States, United Kingdom, Germany, France, Italy, Spain, China, Japan, India, and Brazil. This market segmentation comprises the demand for bio-based materials across all regions and countries, broken down by specific categories and applications.
Anellotech, Inc., Arkema, Avantium, BASF SE, Braskem, Clariant, Corbion, DSM, Dupont, Eastman Chemical Company, Evonik Company, Genomatica, Gevo, LANXESS, M&G Chemicals, PepsiCo Inc., Plastipak Holdings, Inc, Roquette, Solvay, Teijin Limited, The Coca-Cola Company, Toray Industries, Inc., and Toyota Tsusho Corporation.
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