Extrusion International 5-2023-USA

25 Extrusion International 5/2023 Market Study: Bioplastic Films Wafer-thin films, often less than 1 mm thick, are one of the first areas of application in which bioplastics are able to establish themselves. Al- though casings made from petro- leum products are still usually sold cheaper and in larger quantities, biobased materials such as starch or polylactic acid do not only offer a better public image regarding envi- ronmental awareness, but often also tangible advantages: Food packag- ing made from biodegradable plas- tics does not have to be disposed of at high cost, but can be composted; organic mulch films can simply be left on the field and plowed under. Ceresana has studied the global mar- ket for films made from bioplastics: The new market report forecasts that revenues will increase to around USD 14.2 billion by 2032. The study in brief: Chapter 1 provides a comprehen- sive presentation and analysis of the global market for biobased plastic films - including forecasts up to 2032: the development of demand and revenues is examined for each of the regions of Europe, North America, Asia-Pacific and the rest of theworld. In Chapter 2, the 11 countries with the largest revenues generatedwith films are considered individually: Germany, France, the United King - dom, Italy, the Netherlands, Spain, the USA, China, Japan, Taiwan and South Korea. Demand and revenues are presented in each case. In addition, demand is broken down by application area: Packag- ing - Food and Beverages; Packag- ing - Consumer Products; Packaging - Other; Agricultural Films; Other Films. The market study provides de- tailed data on the use of the dif- ferent types of bioplastics in films: Polylactic acid (PLA); Starch-based plastics; Other biodegradable plas- tics; Biobased, but non-biodegrad - able plastics. Chapter 3 provides useful com- pany profiles of the most important manufacturers of films made from bioplastics, clearly arranged by con - tact details, revenues, profit, prod - uct range, production facilities and brief profile. Detailed profiles are provided by 47 manufacturers. Further information about this new market study: https://ceresana.com/en/produkt/ bioplastic-films-market-report-world