South & Central America Bioplastics and Biopolymers Market Forecast to 2030 - Regional Analysis

Description

List of Tables

The South & Central America bioplastics and biopolymers market is expected to grow from US$ 517.77 million in 2023 to US$ 932.03 million by 2030. It is estimated to grow at a CAGR of 8.8% from 2023 to 2030.

Increasing Focus on Innovations and Technological Advancement Fuel South & Central America Bioplastics and Biopolymers Market

The key players operating in the market are investing heavily in the research and development of bioplastics to gain more consumer traction and increase their market share. They focus on developing new, biodegradable polymer blends and creating greater bioplastic strength and flexibility. The innovations in biopolymers focus on biopolymer composition and structure. The biodegradable block-copolymer made by Lotte Chemical, used in orthopedic medical devices, and the biodegradable graft polymers developed by BASF for use in washing and cleaning products are examples of such innovations. Further, Teijin Limited offers formable gasoline-resistant film made of PLANEXT bioplastic to replace chrome plating. This new film is developed with PLANEXT SN4600, an enhanced grade of Teijin's PLANEXT bioplastic (which is produced from a bio-origin chemical compound called isosorbide). In addition to original PLANEXT properties, such as chemical resistance, transparency, and surface hardness, polymer reforming gives PLANEXT SN4600 significant new properties-gasoline resistance, formability, and UV resistance. Thus, the growing focus on innovation and technological advancement related to bioplastics is the key trend predicted to propel the South & Central America bioplastics and biopolymers market during the forecast period.

South & Central America Bioplastics and Biopolymers Market Overview

The South & Central America bioplastics and biopolymers market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America. The growth in the automotive and packaging industries is anticipated to drive market growth in the region. As per IHS Automotive, the regional automobile market is predicted to grow significantly by 2025 and will be one of the top markets worldwide for light vehicle sales. Technological advancements, increasing greenhouse gas emissions, a greater focus on environmental sustainability, and vehicle end-life management fuel the demand for bioplastics and biopolymers in the automotive industry. Bio-based polypropylene is a competent material for sturdier plastic parts such as bumpers, dashboards, and battery cover.

South & Central America Bioplastics and Biopolymers Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Bioplastics and Biopolymers Market Segmentation

The South & Central America bioplastics and biopolymers market is segmented into product type , end-use industry, and country.

Based on product type, the South & Central America bioplastics and biopolymers market is segmented into polyethylene, polyethylene terephthalate, polylactic acid, polytrimethylene terephthalate, polybutylene adipate terephthalate, polybutylene succinate, cellulose, blends, and others. The blends segment accounted the largest share of the South & Central America bioplastics and biopolymers market in 2023.

Based o n end-use industry, the South & Central America bioplastics and biopolymers market is divided into packaging, consumer goods, automotive, textile, building and construction, medical, agriculture, and others. The packaging segment held the largest share of the South & Central America bioplastics and biopolymers market in 2023.

Based on country, the South & Central America bioplastics and biopolymers market is segmented int o Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America bioplastics and biopolymers market in 2023.

Arkema SA, BASF SE, Braskem SA, Cardia Bioplastics Australia Pty Ltd, Corbion NV, Eastman Chemical Co, Mitsubishi Chemical Holdings Corp, Mitsui Chemicals Inc, Novamont SpA, and Saudi Basic Industries Corp are some of the leading companies operating in the South & Central America bioplastics and biopolymers market.

Product Code: BMIRE00029246

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. South & Central America Bioplastics and Biopolymers Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers:
- 4.3.2 Manufacturers:
- 4.3.3 Distributors or Suppliers:
- 4.3.4 End Users:

5. South & Central America Bioplastics and Biopolymers Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Regulations and Policies Against Traditional Plastic
- 5.1.2 Rising Demand for Eco-Friendly Plastics in Packaging Industry
5.2 Market Restraints
- 5.2.1 Lack of Infrastructure and Recycling Facilities for Bioplastics and Biopolymers
5.3 Market Opportunities
- 5.3.1 Growing Incorporation of Biodegradable Plastics in Biomedical Applications
5.4 Future Trends
- 5.4.1 Increasing Focus on Innovations and Technological Advancement
5.5 Impact Analysis

6. Bioplastics and Biopolymers Market - South & Central America Market Analysis

6.1 South & Central America Bioplastics and Biopolymers Market Revenue (Kilo Tons)
6.2 South & Central America Bioplastics and Biopolymers Market Revenue (US$ Million)
6.3 South & Central America Bioplastics and Biopolymers Market Forecast and Analysis

7. South & Central America Bioplastics and Biopolymers Market Analysis - Product Type

7.1 Polyethylene
- 7.1.1 Overview
- 7.1.2 Polyethylene Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.2 Polyethylene Terephthalate
- 7.2.1 Overview
- 7.2.2 Polyethylene Terephthalate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.3 Polylactic Acid
- 7.3.1 Overview
- 7.3.2 Polylactic Acid Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.4 Polytrimethylene Terephthalate
- 7.4.1 Overview
- 7.4.2 Polytrimethylene Terephthalate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.5 Polybutylene Adipate Terephthalate
- 7.5.1 Overview
- 7.5.2 Polybutylene Adipate Terephthalate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.6 Polybutylene Succinate
- 7.6.1 Overview
- 7.6.2 Polybutylene Succinate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.7 Cellulose
- 7.7.1 Overview
- 7.7.2 Cellulose Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.8 Blends
- 7.8.1 Overview
- 7.8.2 Blends Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.9 Others
- 7.9.1 Overview
- 7.9.2 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)

8. South & Central America Bioplastics and Biopolymers Market Analysis - End-Use Industry

8.1 Packaging
- 8.1.1 Overview
- 8.1.2 Packaging Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
8.2 Consumer Goods
- 8.2.1 Overview
- 8.2.2 Consumer Goods Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
8.3 Automotive
- 8.3.1 Overview
- 8.3.2 Automotive Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.4 Textile
- 8.4.1 Overview
- 8.4.2 Textile Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.5 Building and Construction
- 8.5.1 Overview
- 8.5.2 Building and Construction Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.6 Medical
- 8.6.1 Overview
- 8.6.2 Medical Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.7 Agriculture
- 8.7.1 Overview
- 8.7.2 Agriculture Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.8 Others
- 8.8.1 Overview
- 8.8.2 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)

9. South & Central America Bioplastics and Biopolymers Market - Country Analysis

9.1 Overview
- 9.1.1 South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts and Analysis - By Countries
  - 9.1.1.1 South & Central America Bioplastics and Biopolymers Market Breakdown by Country
  - 9.1.1.2 Brazil: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts to 2030 (Kilo Tons)
  - 9.1.1.3 Brazil: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.3.1 Brazil: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
    - 9.1.1.3.2 Brazil: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
    - 9.1.1.3.3 Brazil: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
    - 9.1.1.3.4 Brazil: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
  - 9.1.1.4 Argentina: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts to 2030 (Kilo Tons)
  - 9.1.1.5 Argentina: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.5.1 Argentina: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
    - 9.1.1.5.2 Argentina: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
    - 9.1.1.5.3 Argentina: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
    - 9.1.1.5.4 Argentina: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
  - 9.1.1.6 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts to 2030 (Kilo Tons)
  - 9.1.1.7 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.7.1 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
    - 9.1.1.7.2 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
    - 9.1.1.7.3 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
    - 9.1.1.7.4 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry

10. Competitive Landscape

10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition

12. Company Profiles

12.1 Arkema SA
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 BASF SE
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Mitsui Chemicals Inc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Cardia Bioplastics Australia Pty Ltd
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Braskem SA
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Saudi Basic Industries Corp
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Corbion NV
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Mitsubishi Chemical Holdings Corp
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Novamont SpA
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Eastman Chemical Co
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix