Biopolymers Packaging Market - Top Companies and Manufacturers

Global Biopolymers Packaging Market

Part 1 Introduction

Definition

Assumptions & Abbreviations

Part 2 Global Market Outlook

Part 3 Market Dynamics

Driver

Restraint

Part 4 Regulatory Landscape

Part 5 Company Profile

Companies Dominating the Biopolymers Packaging Landscape

BASF SE
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
NatureWorks LLC
Arkema SA.

May 2020: BASF SE announced that it has signed a joint agreement with Red Avenue New Materials Group that grants Red Avenue New Materials Group the license to produce and sell certified compostable aliphatic aromatic co-polyester (PBAT) according to high BASF SE quality standards. Further, Red Avenue New Materials Group will build a 60,000 metric tons PBAT plant in China, using BASF SE’s process technology, in exchange for the access to raw materials from this plant. Production will start in 2022 and supply the market of biopolymers.
February 2020: BASF SE announced that it has developed a sustainable solution for cling film used in fresh-food packaging, along with Fabbri Group. Based on BASF SE’s certified compostable ecovio, Fabbri Group produces the highly transparent stretch film Nature Fresh. Meat, sea food, fruits, and vegetables can be wrapped manually or with automatic packaging equipment.

Biopolymers Packaging Market size is set to register over 12.2% CAGR during the forecast period i.e., between 2024-2036.

Asia Pacific industry is likely to hold largest revenue share of 54% by 2036

The major players in the market are BASF SE, NatureWorks LLC and Arkema SA.