Horticulture Bioplastic Market Supply and Demand with Size (Value and Volume) by 2029
North America has been the market leader in Horticulture Bioplastic Market. Biodegradable and compostable greenhouse films, nursery containers, and mulch films are in high demand in this region.
Horticulture Bioplastic Market Report Overview
Maximize Market Research published reports that help clients understand the Horticulture Bioplastic market structure in-depth. The report which is a combination of primary and secondary research gives thorough details about the Horticulture Bioplastic market, trade statistics, leading players, and various market metrics.
Horticulture Bioplastic Market is worth USD 4.12 Billion in 2022 and is estimated to grow at a CAGR of 12.2% in the forecasted period. The forecasted revenue hints at around 9.43 billion USD in growth by 2029.
Horticulture Bioplastic Market Report Scope and Research Methodology
The report provides business statistics and analytical insights to help you understand the Horticulture Bioplastic market size, market share, growth, trends, demand, top players, industry profile, opportunities, value chain, end-users, types, and applications in plain language. The bottom-up approach was used to estimate the global and regional Horticulture Bioplastic market size. Both primary and secondary research methodologies were used to clearly present the Horticulture Bioplastic market structure.
In the secondary research method, data was collected from a selected set of sources. This method was used to gather information on Horticulture Bioplastic key players and current and past trends in the industry. The information gathered through secondary research was validated using the primary research method, in which Horticulture Bioplastic industry experts were interviewed.
The report also includes growth opportunities in micro and macro markets for stakeholders to invest in, with a detailed analysis of the competitive landscape and significant Horticulture Bioplastic competitors' product offerings. SWOT analysis was used to identify the strengths and weaknesses of the Horticulture Bioplastic market.
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Horticulture Bioplastic Market Regional Analysis
The report has been segmented into many key countries. This section provides a detailed analysis of the Horticulture Bioplastic market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:
- North America- U.S., Canada, Mexico
- Europe- UK, Germany, France, Spain, Rest of Europe
- Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
- South America- Brazil
- Middle East and Africa.
Horticulture Bioplastic Market Segmentation
by Row Material
Starch-based bioplastics
Polylactic acid
Polyhydroxyalkanoates
Polybutylene adipate terephthalate
The four segments in the horticulture bioplastic market are starch-based bioplastics, polylactic acid, polyhydroxyalkanoates, and polybutylene adipateterephthalate. Because polylactic acid is less expensive and has a number of desirable mechanical qualities, it has the largest market share. Furthermore, lactide monomer undergoes ring-opening polymerization to yield PLA, a type of aliphatic polyester. This boosts the material's application and gives it dynamism. Bioplastics based on starch are also excellent choices, however they are not very durable.
by Type
Bio Based
Petrochemical Based
There are two primary categories in the horticulture bioplastic market: biobased and petrochemical based. The market share of Bio Based has grown. As petrochemical products face more strain, bio-based products are becoming more and more popular, as evidenced by their market share. In the future, bio-based varieties are also anticipated to expand gradually.
by Application
Greenhouse films
Mulch films
Plant pots
Trays
Containers
Irrigation systems
The main applications for bioplastics in horticulture are greenhouse films, mulch films, plant pots, trays, containers, and irrigation systems. Among the subsegments, greenhouse films have the largest market share. The category is expanding due to the growing need for greenhouse-protected horticulture, which is being fueled by both the growing need for food production and the growing population. Additionally, greenhouse films significantly contribute to the improvement of crops and increase yields.
by End-User
Professional horticulture growers
Nurseries
Landscaping companie
Horticultural bioplastic market segments include professional growers, nurseries, landscaping firms, and home gardeners. The largest market share is held by home gardeners, who are predicted to continue expanding. Given that most plants are grown by home gardeners, this group is quite important. Other end users include nurseries and landscaping, but home gardeners dominate the market in general.
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Horticulture Bioplastic Market Key Players
1. NatureWorks LLC (United States)
2. Danimer Scientific (United States)
3. Yield10 Bioscience, Inc. (United States)
4. Green Dot Bioplastics (United States)
5. Eco-Products, Inc. (United States)
6. Fkur Plastics Corp. (United States)
7. BASF SE (Germany)
8. Novamont S.p.A (Italy)
9. Biome Bioplastics Ltd (United Kingdom)
10. Total Corbion PLA (Netherlands)
11. Arkema S.A. (France)
12. Bio-On S.p.A (Italy)
13. FKuR Kunststoff GmbH (Germany)
14. Biobag International AS (Norway)
15. Plaxica Limited (United Kingdom)
16. Bio-Fed (Germany)
17. API SpA (Italy)
18. Bio4Pack BV (Netherlands)
19. Tianan Biologic Materials Co., Ltd. (China)
20. Kaneka Corporation (Japan)
21. PTT MCC Biochem Company Limited (Thailand)
22. Plantic Technologies Limited (Australia)
23. Mitsubishi Chemical Corporation (Japan)
24. Cardia Bioplastics Limited (Australia)
25. Braskem S.A. (Brazil)
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Key Questions answered in the Horticulture Bioplastic Market Report are:
- What is Horticulture Bioplastic?
- What will be the CAGR of the Horticulture Bioplastic market during the forecast period?
- Which segment of the Horticulture Bioplastic market held the largest share of the global market in 2022?
- What trends are expected to generate additional revenue for the Horticulture Bioplastic market?
- What are the opportunities for the Horticulture Bioplastic Market?
- What factors are driving the Horticulture Bioplastic market growth?
- Which company held the largest share in the Horticulture Bioplastic market?
Key Offerings:
- A detailed Market Overview
- Market Share, Size, and Forecast by Revenue|2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape - Leading key players and other prominent key players.
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