NEW YORK, March 6, 2017 /PRNewswire/ -- Use this report to:
- Analyze chemical types of biodegradable polymers along with their properties, production, producers and applications.
- Discuss companies involved in biodegradable polymers their products, including trade names and their impact on the market.
- Explore market drivers, biodegradation testing, environmental issues, composting and relevant technologies of biodegradable polymers.
- Examine biodegradable polymers through North American, European and Asian products, technologies, markets and companies.
Read the full report: http://www.reportlinker.com/p04754990-summary/view-report.html
Highlights
- The global biodegradable polymer market should reach 5.6 billion pounds by 2021 from 2.4 billion pounds in 2016 at a compound annual growth rate (CAGR) of 18.0%, from 2016 to 2021.
- Packaging applications for biodegradable polymers is expected to grow from over 1.5 billion pounds in 2016 to over 2.5 billion pounds in 2021 at a CAGR of 10.4% for the period
- 2016-2021.
- Medical applications for biodegradable polymers is expected to grow from 120 million pounds in 2016 to 650 million pounds in 2021 at a CAGR of 40.2% for the period 2016-2021.
STUDY GOALS AND OBJECTIVES
This report is an update of an earlier BCC Research report published in 2013. Its objective is to provide an up-to-date analysis of the global biodegradable polymer market.
REASONS FOR DOING THE STUDY
According to various sources, this market has not yet realized its potential due to several critical yet unresolved issues. Although biodegradable polymers have been commercially available for several decades, this niche market is confronted with a variety of roadblocks, such as high prices and lack of an industrial infrastructure along with varying standards in several global areas.
New biodegradable polymers are being introduced, accompanied by a continuing withdrawal of other products. In addition, key companies are entering and leaving this market, which is often characteristic of new products/markets.
The industry has been characterized by new technologies, tightening environmental restraints and unstable oil prices among other issues. This combination of factors necessitates an up-to-date appraisal of the impact of these polymers over the next five years.
SCOPE OF REPORT
Although the term biodegradable polymers is well known, the controversy within the industry as to which materials should be considered biodegradable continues unabated. These resins currently include polyolefin-based compositions containing starch and polymers containing aromatic groups that microorganisms have difficulty utilizing in their metabolism.
Furthermore, there are additives said to convert petroleum-based resins to biodegradable versions. These resultant resins are said to be oxo-biodegradable.
Part of the current debate revolves around defining an acceptable period of time for biodegradation to be completed. Almost all carbon-based materials are biodegradable, if given an acceptable period of time.
This report includes polymers that producers market as fully biodegradable. Most define a fully biodegradable polymer as a polymer that is completely converted by microorganisms to carbon dioxide, water and humus.
In the case of anaerobic biodegradation, carbon dioxide, methane and humus are the degradation products. However, many within the industry insist on a time period for degradation such that the terms biodegradable and compostable are not synonymous. The issue concerning biodegradable versus compostable resins is a very important issue that is discussed in detail.
Polymers derived from renewable resources (non-petroleum-based) are not covered unless they are considered biodegradable since many polymers derived from renewable resources are not biodegradable. These materials are often termed as bio-based. Some polymers are both bio-based and biodegradable.
This report covers the chemical types of biodegradable polymers along with their properties, production, producers and applications. The companies involved will be detailed in terms of their products, including trade names and their impact on the market. Definitions and standards, market drivers, biodegradation testing, environmental issues, composting and relevant technologies will also be discussed.
An examination of global consumption is provided along with considerable information regarding North American, European and Asian products, technologies, markets and companies.
SOURCES
Following a detailed analysis of available information that included trade literature, articles and technical/marketing presentations and papers and company literature, interviews were conducted in order to realistically assess market size, growth rates, company involvement and other important factors impacting the market.
ANALYSTS' CREDENTIALS
The original report on which this update is based was prepared by Mel Schlechter, who has more than 40 years of experience in the chemical industry and specializes in plastics market research. He has been with BCC Research for more than a decade and holds a B.S. in chemistry, an M.S. in organic chemistry, and an M.B.A. in marketing.
The analyst responsible for updating the report is Andrew McWilliams, a partner in the Boston-based international technology and marketing consulting firm, 43rd Parallel LLC. Mr. McWilliams is the author of numerous other BCC studies of polymers and other advanced and/or environmentally friendly materials, including Medical Plastics: Technologies and Global Markets (PLS009H); Conductive Polymers: Technologies and Global Markets (PLS043D); EMI/RFI: Materials and Technologies (PLS005M); Global Markets for Nanocomposites, Nanoparticles, Nanoclays, and Nanotubes (NAN021F); Smart Materials and Their Applications: Technologies and Global Markets (AVM023E); The U.S. Market for Green Building Materials (ENV007B); and The U.S. Market for Clean Technologies (ENV011A).
Read the full report: http://www.reportlinker.com/p04754990-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
http://www.reportlinker.com
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article