Bioplastic materials are categorized as materials that are either biodegradable or compostable and obtained from both renewable and non-renewable sources, as well as materials which are non-biodegradable and derived from renewable resources. The examples of bioplastics include cellulose ester, polylactic acid (PLA), polyhydoxyalkonates (PHAs), starch derivatives, and special copolyesters such as PBAT and PBS. Polylactic acid (PLA) films are biodegradable films derived from renewable resources such as corn starch, cassava roots, and sugarcane. Furthermore, bio PLA films are widely applicable in agriculture and food packaging industries.
The bio PLA films are used to wrap organic food and premium and branded products. Furthermore, enhanced usage of these films in food packaging as an alternative to polypropylene and favorable governmental regulations for non-hazardous food packaging materials are expected to boost the market growth. In addition, rapid adoption of these films as a synthetic plastic in agricultural applications, such as in cultivation of soft fruits and vegetables, has reduced harsh environmental impacts. Moreover, growth in end-user industries such as home & personal care, medical, and food coupled with increasing consumer spending power majorly in developing countries also augment the market growth. Furthermore, rapid utilization of these films is due to their low value-added properties such as negligible toxicity and bio-compatibility. However, variable product prices in comparison with existing counterparts and critical issues associated with these films, such as low thermal resistance and low impact resistance, are expected to restrain the market growth.
The report segments the bio PLA film market on the basis technology, end user, raw material, and geography. Based on technology, it is divided into sol-gel, atomic layer deposition, and multilayer. On the basis of end-user, it is segmented into food & beverage, home & personal care, medical & pharmaceutical, agriculture, and other industries (automotive and electronics). Based on raw material, the market is segmented into cellulose, starch, pectin, chitosan, and protein. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Comprehensive competitive analysis and profiles of major market players include:
- Natureworks LLC
- Avery Dennison
- Mondi Group
- Plastic Union
- Toray Industries
- Taghleef Industries
- Amcor Ltd.
- Innovia Films
- Biobag International
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- Major countries in each region are mapped according to individual market revenue.
- Comprehensive analysis of factors that drive and restrict the market growth is provided.
- An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.
- Key players and their major developments in the recent years are listed.
Bio Pla Film Market Key Segments:
- Atomic Layer Deposition (ALD)
By End User
- Food & Beverage
- Home & Personal Care
- Medical & Pharmaceutical
- Others (Automotive and Electronics)
By Raw Material
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA
Other Market Players:
- Dow Chemicals
- Corbion NV
- Biotech Interantional
- Industria Termoplastica Pavese
- Klöckner Pentaplast