© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Biopolymer Films Market Overview, Top Players Analysis, Business Opportunity and Sales Revenue 2025: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The overall biopolymer films market size is majorly driven by increasing demand for eco- friendly packaging among consumers.  Stringent regulations opposed to the use of synthetic or petrochemical-based films in food packaging on account of its adverse effects in case of direct food contact, will eventually favor product demand in food & beverage packaging industry.  With over 40% of the industry share, bio-based raw material held a prominent share in the overall biopolymers films market in 2017 and it will foresee growth at a significant pace due to its superior properties such as high renewable content, ease of processability, good optical performance, seal ability and barrier properties.  Multilayer technology facilitates product characteristics such as favorable in terms of CO2 emissions, moisture barrier, which makes the product more convenient across numerous end-use including cosmetics, food & beverage and pharmaceutical packaging. Key Insights from Biopolymer Films Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. biopolymer films market size, by end-user, (USD Million)

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Based on volume, polylactic acid (PLA) segment will capture over 25% of the biopolymer films market share.  Food & beverage segment led the global biopolymer films market end-user base in Escalating packaged food demand, particularly due to increasing per capita income, along with growing number of working population across the globe will boost industry size.  North America driven by the U.S. will exhibit growth with a CAGR of over 6%. The regional industry share was mainly attributed to prevalence of strict norms favoring bio-based products for food packaging applications and robust packaged food industry in the U.S. market.  Moreover, huge R&D expenditure in U.S. will augment the market growth by In addition, Asia Pacific, mainly led by India and China, will be the fastest growing region during the coming years. Continued...

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Some of the crucial challenges of the global biopolymer films market is their relatively high cost of bioplastics materials as compared with Petro-plastics, as well as issues of quality/consistency and density might hamper the overall industry growth in the near future.  Major players operating in the market are Braskem, Taghleef, BASF, Innovia Films, Plastic Union, Evonik, Avery Dennison, Klöckner Pentaplast, Mondi Group, Industria Termoplastica Pavese, Toray Industries, BioBag International, NatureWorks and Amcor. Continued...

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