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Automotive Bioplastic Market - Top Companies and Manufacturers

  • Report ID: 2626
  • Published Date: Jun 17, 2024
  • Report Format: PDF, PPT

Companies Dominating the Automotive Bioplastic Landscape

    • AGRANA Beteiligungs-AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Anellotech, Inc.
    • Archer Daniels Midland Company
    • BASF SE
    • BioSphere Plastic LLC
    • Mitsui Chemicals, Inc.
    • MetGen Oy
    • Danimer Scientific
    • Covestro AG
    • Sojitz Pla-Net Corporation
Browse Key Market Insights with Data Illustration:

In the News

  • Anellotech, Inc., announced that R Plus Japan Ltd., a new joint venture company, will invest in the development of Anellotech's cutting-edge Plas-TCat technology for recycling used plastics. R Plus Japan was founded by 12 cross-industry partners from the Japanese plastics supply chain.

  • LG Chem, and ADM (NYSE: ADM) announced to launch two joint ventures for lactic acid and polylactic acid production in the United States to meet growing demand for a wide range of plant-based products, including bioplastics. Pending final investment decisions, the joint ventures have chosen Decatur, Illinois, U.S., as the location of their intended production facilities.


Author Credits:  Rajrani Baghel


  • Report ID: 2626
  • Published Date: Jun 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of automotive bioplastic is estimated at USD 850.21 Million.

The automotive bioplastic market size was valued at USD 773.4 Million in 2023 and is poised to cross USD 2.66 Billion by the end of 2036, registering more than 10.4% CAGR during the forecast period i.e., between 2024-2036. Increasing consumer demand for eco-friendly products and rising use of lighter materials in automobiles are the major factors driving the market growth.

North America is set to dominate 35% industry share by 2036, led by consistent investment in technological improvements and materials that lead to advances in automotive design and technology in the region.

AGRANA Beteiligungs-AG, Anellotech, Inc., Archer Daniels Midland Company, BASF SE, BioSphere Plastic LLC, Mitsui Chemicals, Inc., MetGen Oy, Danimer Scientific, Covestro AG, Sojitz Pla-Net Corporation
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