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Last Updated: Apr 25, 2025 | Study Period: 2022-2030
Initiatives promoting environmentally friendly packaging, like IPI's bio-based caps, are crucial for this reason. The most recent addition to IPI's selection of sustainable packaging is its openings. IPI's bioplastic caps have a less carbon footprint than conventional alternatives made
of fossil fuels because they are constructed from biopolymer packaging materials.
Commercial or industrial goods that are mostly made of renewable domestic agricultural materials, forestry products, or biological products. Items made from biomaterials include: Adhesives, building supplies, and composites.
In contrast to non-renewable materials like petroleum, biobased products are made from plants and other renewable agricultural, marine, and forestry sources.
Thus, when they declare that products are plant-based, what they really mean is that the main bioresource used to manufacture them was a plant.
The Global biobased caps market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
Both the Tetra Pak and Braskem PE caps for carbonated beverages are made from renewable resources and are recyclable. Tetra Pak has introduced a recyclable HDPE cap.Tetra Pak's biobased A high density polyethylene (HDPE) cap called LightCap 30 is created from sugar cane.
The largest producer of biopolymers and thermoplastic resins in the world, Braskem, has introduced polyethylene (PE) caps for carbonated beverages. In the second half of the year, the product should be available on the market.
The introduction rounds out Braskem's offering of beverage-related products, which also includes polypropylene and polyethylene for use in compression and injection molding operations to create caps with or without liners.
The development of caps for carbonated beverages with superior sealing performance, preservation of beverage qualities, and sustainability is made possible by the new PE, which is recyclable and enables for weight reductions in packaging. The PE grade provides the option to produce caps using green polyethylene made from a renewable resource, which further improves sustainability performance.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
| 21 | Product installation rate by OEM, 2022 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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