South America Bioplastics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Biodegradable and Non-Biodegradable) and Application (Packaging, Agriculture, Consumer Goods, Automotive & Transportation, Textiles, Building & Construction, and Others)
The bioplastics market in SAM is expected to grow from US$ 339.10 million in 2021 to US$ 747.07 million by 2028; it is estimated to grow at a CAGR of 11.9% from 2021 to 2028.
The market in South & Central America is segmented into Brazil, Argentina, and the Rest of SAM. The flourishment of the automotive and packaging industries is anticipated to drive market growth in this region. As per IHS Automotive, the regional automobile market is predicted to grow significantly in the coming years, and it will be one of the world’s top markets for light vehicle sales by 2025. Technological advancements, elevated greenhouse gas emission levels, and a greater focus on environmental sustainability and vehicle end life management are the factors fueling the demand for bioplastics in the automotive industry. Bio-based polypropylene is competent material for producing sturdier plastic parts, such as bumpers, dashboards, and battery covers. Further, utilizing bioplastics in agriculture applications benefit through the reduction of carbon footprint, as bioplastics are biodegradable materials that can degrade more quickly and naturally. Moreover, key players in the bioplastics market in SAM are likely to expand their market share by adopting product development and innovation strategies.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM bioplastics market at a notable CAGR during the forecast period.
SAM Bioplastics Market Revenue and Forecast to 2028 (US$ Million)
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SAM Bioplastics Market Segmentation
SAM bioplastics market is segmented into type, application, and country. Based on type, the market is segmented into biodegradable and non-biodegradable. The biodegradable segment held the larger market share in 2020. Based on application, the SAM bioplastics market has been divided into packaging, agriculture, consumer goods, automotive & transportation, textiles, building & construction, and others. The packaging segment held the largest market share in 2020. Based on country, the SAM bioplastics market is segmented into Brazi, Argentina, and rest of SAM. Furthermore, Basf SE; Biome Bioplastics; Braskem S.A.; Sabic; Teijin Limited; Toray Industries, Inc.; and Total Corbion PLA are among the leading companies in the SAM bioplastics market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country-Level Data
4. SAM Bioplastics Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Bioplastics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Bioplastics Providing Wider Scope of Usage
5.1.2 Rising Demand for Eco-Friendly Plastics in the Packaging Industry
5.2 Market Restraints
5.2.1 Higher Prices and Shorter Lifetime of Bioplastics than Traditional Plastics
5.3 Market Opportunities
5.3.1 Government Implementing Strict Laws & Regulations on Traditional Plastic Use
5.4 Future Trends
5.4.1 Rising Focus on Innovations and Technology Enhancement
5.5 Impact Analysis of Drivers and Restraints
6. Bioplastics Market– SAM Analysis
6.1 Market Overview
6.2 SAM Bioplastics Market –Revenue and Forecast To 2028 (US$ Million)
7. SAM Bioplastics Market Analysis – By Type
7.1 Overview
7.2 SAM Bioplastics Market Breakdown, by Type, 2020 & 2028
7.3 Biodegradable
7.3.1 Overview
7.3.2 Biodegradable: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Non-Biodegradable
7.4.1 Overview
7.4.2 Non-Biodegradable: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM Bioplastics Market Analysis – By Application
8.1 Overview
8.2 SAM Bioplastics Market Breakdown, by Application, 2020 & 2028
8.3 Packaging
8.3.1 Overview
8.3.2 Packaging: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Agriculture
8.4.1 Overview
8.4.2 Agriculture: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Consumer Goods
8.5.1 Overview
8.5.2 Consumer Goods: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Automotive and Transportation
8.6.1 Overview
8.6.2 Automotive and Transportation: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Textiles
8.7.1 Overview
8.7.2 Textiles: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Building and Construction
8.8.1 Overview
8.8.2 Building and Construction: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Bioplastics Market –Country Analysis
9.1 Overview
9.1.1 SAM: Bioplastics Market, by Key Country
9.1.1.1 Brazil: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: Bioplastics Market, By Type
9.1.1.1.2 Brazil: Bioplastics Market, by Application
9.1.1.2 Argentina: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Argentina: Bioplastics Market, By Type
9.1.1.2.2 Argentina: Bioplastics Market, by Application
9.1.1.3 Rest of SAM: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Rest of SAM: Bioplastics Market, By Type
9.1.1.3.2 Rest of SAM: Bioplastics Market, by Application
10. Company Profiles
10.1 Teijin Limited
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 TORAY INDUSTRIES, INC.
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 SABIC
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 BASF SE
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Total Corbion PLA
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Braskem S.A.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Biome Bioplastics
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Word Index
LIST OF TABLES
Table 1. SAM Bioplastics Market –Revenue and Forecast To 2028 (US$ Million)
Table 2. Brazil Bioplastics Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Brazil Bioplastics Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 4. Argentina Bioplastics Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 5. Argentina Bioplastics Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 6. Rest of SAM Bioplastics Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 7. Rest of SAM Bioplastics Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 8. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Bioplastics Market Segmentation
Figure 2. SAM Bioplastics Market Segmentation – By Country
Figure 3. SAM Bioplastics Market Overview
Figure 4. Biodegradable Segment Held Largest Share of SAM Bioplastics Market
Figure 5. Asia Pacific Region Held Largest Share of SAM Bioplastics Market
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem: SAM Bioplastics Market
Figure 8. Expert Opinion
Figure 9. SAM Bioplastics Market Impact Analysis of Drivers and Restraints
Figure 10. SAM Bioplastics Market – Revenue and Forecast To 2028 (US$ Million)
Figure 11. SAM Bioplastics Market Breakdown, by Type, 2020 & 2028
Figure 12. SAM Biodegradable: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. SAM Non-Biodegradable: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM Bioplastics Market Breakdown, by Application, 2020 & 2028
Figure 15. SAM Packaging: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM Agriculture: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. SAM Consumer Goods: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Automotive and Transportation: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. SAM Textiles: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM Building and Construction: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM Others: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM: Bioplastics Market, by Key Country – Revenue (2020) (US$ Million)
Figure 23. SAM: Bioplastics Market Revenue Share, by Key Country (2020 and 2028)
Figure 24. Brazil: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Argentina: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of SAM: Bioplastics Market – Revenue and Forecast to 2028 (US$ Million)
- Basf SE
- Biome Bioplastics
- Braskem S.A.
- Sabic; Teijin Limited
- Toray Industries, Inc.
- Total Corbion PLA
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM bioplastics market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM bioplastics market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the bioplastics market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution