The market report on bio-based polymers and building blocks by nova-Institute provides an in-depth analysis of the industry, covering 434 pages. The report covers 17 bio-based building blocks and 17 commercially available bio-based polymers, including capacity development from 2018 to 2029 and production data for 2023 and 2024. The report also includes market developments, producer data, and analyses of producers per building block and polymer, allowing readers to gain a comprehensive understanding of the market.
The report highlights strong growth in bio-based polymers, with an expected CAGR of 13% to 2029. Bio-based biodegradable polymers have a higher growth rate of 17% to 2029, but the average capacity utilization is moderate at 65%. Non-biodegradable bio-based polymers have a higher utilization rate of 90% but will only grow by 10% to 2029. The report also explores the demand for biomass feedstocks and land use, highlighting that only 0.023% of biomass is required for bio-based polymer production. The report concludes that a global shift to renewable carbon is necessary to meet the increasing demand for bio-based polymers.