Global Renewably Sourced Polymers Market 2023-2030

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    GLOBAL RENEWABLY SOURCED POLYMERS MARKET

     

    INTRODUCTION

     It is impossible to produce polymers without using renewable resources. Renewable polymers cellulose, starch, chitosan, lignin, proteins, oils, common commodity polymers (like polyethylene and polyethylene terephthalate), and microorganisms are some of the resources. poly(ester)s.

     

    Natural polymers like starch, cellulose, and chitin can be chemically modified to produce sustainable polymers from renewable resources. A two-step process can also be used to produce biobased polymers from biomass (lignin, cellulose, starch, and plant oils).

     

    Sustainable polymers are currently produced commercially using seed oils from soybean or other vegetable oils and starch-containing plants like corn or sugarcane.

     

    One of the effective solutions that the bioeconomy offers to the environmental crisis caused by plastics, particularly fossil-based plastics, is renewable bio-based polymers.

     

    Biopolymers are naturally biodegradable polymers. The natural polymer family with the most distinctive characteristics is made up of polysaccharides like starch and cellulose.

     

    Biodegradable materials can be made from proteins and other natural polymers. Biopolymers originate primarily from these two renewable resources.

     

    GLOBAL RENEWABLY SOURCED POLYMERS MARKET SIZE AND FORECAST

     

     

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    The Global Renewably sourced polymers market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    RENEWABLY SOURCED POLYMERS MARKET NEW PRODUCT LAUNCH

    Under the brand name Circulene, LyondellBasell has announced the launch of a collection of products that will enable brand owners to enhance the sustainability of consumer goods.

     

    This announcement represents the next stage in LyondellBasell’s pursuit of its sustainability objective, which is to produce and market two million metric tons of recycled and renewable-based polymers annually—one of the industry’s most ambitious targets.

     

    When compared to feedstock derived from fossil-based sources, the LyondellBasell circulene product family supports the reduction of plastic waste by utilizing recycled content and a lower carbon footprint by utilizing renewable based content.

     

    It is a product that reduces the need to use virgin fossil resources to combat climate change and offers a novel solution to the end-of-life issues that the polymers and chemicals industries currently face.

     

    It can be utilized in a wide variety of plastic applications, including toys, sports equipment, and delicate medical equipment. Utilizing bio-based waste, residues, and plastic waste in the production of high-quality goods is made possible.

     

    Today, only 8.6% of the world’s economy is circular (source: Study of the circular bioeconomy, 2020 (WBCSD and BCG). The shift to a truly circular economy is highly urgent (source: IPCC’s report on global warming) and will require a wide range of technologies.

     

    They have been working on renewable and circular transportation solutions for a decade and is now expanding its offerings to the chemicals and polymer industries.

     

    By providing more environmentally friendly alternatives to the virgin fossil-based feedstock that is currently utilized in the production of plastics and chemicals, it contributes to the reduction of dependence on crude oil.

     

    RENEWABLY SOURCED POLYMERS MARKET COMPANY PROFILE

     

    THIS RENEWABLY SOURCED POLYMERS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Renewably sourced polymers are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Renewably sourced polymers and key vendor selection criteria
    3. Where is the Renewably sourced polymers manufactured? What is the average margin per unit?
    4. Market share of Global Renewably sourced polymers market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Renewably sourced polymers in-house
    6. key predictions for next 5 years in Global Renewably sourced polymers market
    7. Average B-2-B Renewably sourced polymers market price in all segments
    8. Latest trends in Renewably sourced polymers market, by every market segment
    9. The market size (both volume and value) of the Renewably sourced polymers market in 2024-2030 and every year in between?
    10. Production breakup of Renewably sourced polymers market, by suppliers and their OEM relationship

     

    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, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    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, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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