Automotive Bioplastic Market Size & Share, by Material Type (Bio-Polyamides, Natural Fibers, Poly-Lactic Acid, Polybutylene Succinate, Bio-Based Polypropylene), Application {Interior (Door Consoles & Panels, Interior Lighting, Fabrics & Upholstery, Instrument Panels, Floor Mats, Seats, Seat Cushion Foam, Ventilation Ducts), Exterior (Bumpers, Hoods, Trim, Exterior Lights,, Liftgates)} - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 2626
  • Published Date: Mar 30, 2023
  • Report Format: PDF, PPT

Companies Dominating the Automotive Bioplastic Landscape

top-features-companies
    • AGRANA Beteiligungs-AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Anellotech, Inc.
    • Archer Daniels Midland Company
    • BASF SE
    • BioSphere Plastic LLC
    • Mitsui Chemicals, Inc.
    • MetGen Oy
    • Danimer Scientific
    • Covestro AG
    • Sojitz Pla-Net Corporation

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • Anellotech, Inc., announced that R Plus Japan Ltd., a new joint venture company, will invest in the development of Anellotech's cutting-edge Plas-TCat technology for recycling used plastics. R Plus Japan was founded by 12 cross-industry partners from the Japanese plastics supply chain.

  • LG Chem, and ADM (NYSE: ADM) announced to launch two joint ventures for lactic acid and polylactic acid production in the United States to meet growing demand for a wide range of plant-based products, including bioplastics. Pending final investment decisions, the joint ventures have chosen Decatur, Illinois, U.S., as the location of their intended production facilities.


Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 2626
  • Published Date: Mar 30, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing consumer demand for eco-friendly products and rising use of lighter materials in automobiles are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023-2035.

The high production cost of bioplastics is estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are MetGen Oy, Danimer Scientific, Covestro AG, and Sojitz Pla-Net Corporation, and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by material type, application, and by region.

The poly-lactic acid segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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