The polymers produced by living organisms are said to be biopolymers or polymeric biomolecules. These polymers are biodegradable. The increasing demand for biopolymers and biodegradable packaging is leading to the rapid growth of the biopolymers market globally. High demand for eco-friendly packaging and strict regulations by the government regarding the use of plastic have also resulted in the shift of focus towards manufacturing biopolymers. The raw materials used in the manufacture of biodegradable polymers are renewable and abundantly available throughout the world. This drives the supply of such polymers in the biopolymers market in different categories. Biopolymers witness maximum demand from the food packaging industry, where the packaging of dry snacks, juice bottles, fresh food, and bakery products use biodegradable polymers. The biopolymers market is also growing due to the demand from the supportive policies and regulations of governments, especially in Europe and North America. Request a free sample for insights.
Suppliers in Biopolymers Market
BASF is one of the leading chemical companies and is one of the oldest suppliers in the global biopolymers market. It was founded in the year 1865 and is headquartered in Germany. BASF works in five segments namely chemicals, functional materials & solutions, performance products, oil & gas and agricultural solutions. It has its presence in almost 80 countries and has more than one lakh employees working for them. BASF has its focus on economic success with environmental protection, social responsibility, and sustainable future.
DowDuPont is a holding company comprised of The Dow Chemical Company and DuPont. It is focused on forming independent, strong, and publicly traded companies in material science, agriculture and specialty products sectors. These companies through innovative production cater the required needs of customers and, help to solve the global challenges. DowDuPont holds leading positions in the material science and agriculture and specialty products industries. It was founded in 2017 and is headquartered in the US. It has its presence in more than 130 countries.
ADM is one of the world’s largest agricultural processors and food ingredient providers. The company was founded in 1902 and is headquartered in the US. It has approximately 31,000 employees serving customers in more than 170 countries. ADM has approximately 500 crop procurement locations, around 44 innovation centers, and nearly 270 ingredient manufacturing facilities.
Arkema is a global manufacturer of specialty chemicals and advanced materials and is one of the leading names in the biopolymers market. It has three business segments namely – industrial specialties, high-performance materials, and coating solutions. It has globally recognized brands and has annual sales of approximately 8.3 billion euros. Arkema has close to 19,800 employees and operates in nearly 55 countries. It was founded in the year 2004 and is headquartered in France.
Braskem is the leading producer of thermoplastic resins in the Americas and is a leading name in the biopolymers market. It is the only integrated petrochemical company in Brazil and operates in four countries. It was founded in the year 2002 and a generates revenue of nearly 55.5 billion U.S dollars. It has its shares listed on three stock exchanges Brazil, USA, and Spain.
DSM is a global science-based company in Health, Nutrition, and Sustainable Living and a leading name known in the biopolymers market globally. It was founded in 1902 and is headquartered in the Netherlands. It focusses on environmental progress, economic prosperity, and social advances to come up with a sustainable value for all stakeholders. It is known for innovative business solutions for human nutrition, personal care and aroma, nutrition for the animal, green and sustainable products and applications, medical devices, and new connectivity and mobility. DSM has an annual sale of approximately €10 billion and has nearly 23,000 employees. DSM is listed on Euronext Amsterdam.
Get more insights on the market outlook of the global biopolymers market along with pricing insights, market innovations, supply market insights, and procurement best practices in SpendEdge’s procurement report on the global biopolymers market.