Bio Based Construction Polymer Size, Share, Growth, Demand, Emerging Trends and Forecast by 2029
Data Bridge Market Research analyses that the bio-based construction polymer market was valued at USD 10.62 billion in 2021 and is expected to reach USD 17.42 billion by 2029, registering a CAGR of 6.38 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Bio-based construction polymers are those polymers which are derived from renewable biomass sources such as corn starch, living organisms, microbiota, and vegetable oils and fats. As they are polymers, these biopolymers consist units that are monomeric which are merged to form large structures. It can also be made by using agricultural by-products. Bio-based construction polymers can also be formed using microorganisms on plastic bottles and used containers. Normal plastics are derived from fossil fuels such as petroleum and natural gas. The manufacture of these types of plastics requires more fossil fuels that are bio-based and produce excess amount of greenhouse gases.
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Some of the major players operating in the bio-based construction polymer market are:
- BASF SE (Germany)
- Evonik Industries (Germany)
- Mitsubishi Gas Chemical Company Inc, (Japan)
- Nature Works LLC (US)
- Bio-On.it (Italy)
- Toyobo Co. Ltd. (Japan)
- DuPont (US)
- TEIJIN limited (US)
- Avent Corporation (US)
- Tate & Lyle (UK)
- Huisman Biosciences (US)
- Kaneka Corporation (Japan)
Global Bio Based Construction Polymer Market Scope:
The bio-based construction polymer market is segmented on the basis of products and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Cellulose Acetate
- Polyethylene Terephthalate (PET)
- Epoxies, Polyurethanes (PUR)
- Polyethylene (PE)
- Others
Application
- Pipes
- Insulation
- Profile
- Others
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Bio Based Construction Polymer Market Regional Analysis/Insights:
The bio-based construction polymer market is analysed and market size insights and trends are provided by country, products and application as referenced above.
The countries covered in the bio-based construction polymer market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia Pacific market is expected to have major revenue share in the global bio-based construction polymers market and is expected to maintain its dominance over the forecast period of 2022 to 2029.
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