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According to a new report Global Bio-Based Polymer Market, published by KBV research, The Global Bio-Based Polymers Market size is expected to reach $9.6 billion by 2025, rising at a market growth of 6.6% CAGR during the forecast period.
The Polyamide market dominated the Global Bio-Based Polymer Market by Type in 2018, growing at a CAGR of 6.1 % during the forecast period. The Polyethylene market is expected to witness a CAGR of 7% during (2019 - 2025). The Polyethylene Terephthalate market is expected to witness a CAGR of 8.3% during (2019 - 2025).
The Packaging market dominated the Global Bio-Based Polymer Market by Application in 2018, growing at a CAGR of 5.9 % during the forecast period. The Automotive market is expected to witness a CAGR of 7.1% during (2019 - 2025). The Industrial market is expected to witness a CAGR of 7.2% during (2019 - 2025).
The Asia Pacific market dominated the Global Bio-Based Polymer Market by Region in 2018, growing at a CAGR of 7.4 % during the forecast period. The Europe market is expected to witness a CAGR of 5.2% during (2019 - 2025). Additionally, The North America market is expected to witness a CAGR of 6.5% during (2019 - 2025).
Full Report:https://www.kbvresearch.com/bio-based-polymer-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of PTT Global Chemical Public Company Limited, Corbion NV, Mitsubishi Chemical Holdings Corporation, Toray Industries, Inc., Kuraray Co. Ltd., Teijin Limited, Covestro AG, Novamont S.p.A., BASF SE and Arkema S.A.
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