May 4, 2018   SOURCE: BusinessWire

South America Bioplastics Market Analysis & Forecasts to 2023, With a Projected CAGR of 20.47% - ResearchAndMarkets.com

The "South America Bioplastics Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

South America bioplastics market is projected to witness a CAGR of 20.47% during the forecast period to reach a total market size of US$1.325 billion by 2023, increasing from US$0.433 billion in 2017.

Favourable government policies regarding the use of bioplastics in this region will be the major factor driving the growth of bioplastics market. The rising environmental concerns globally coupled with reduced dependence on petroleum based raw materials for sustainable and eco friendly products is further expected to propel the growth of Bioplastics market in South America. However, high manufacturing cost owing to lack of standard procedures for plastic recycling is the major restraint for the market growth.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research.

Companies Mentioned

  • NatureWorks LLC
  • Corbion
  • BASF
  • Braskem
  • Novamont S.p.A.
  • Cardia Bioplastics

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. South America Bioplastics Market By Type

6. South America Bioplastics Market By End Use Industry

7. South America Bioplastics Market By Country

8. Competitive Intelligence

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/2tqbd2/south_america?w=4