India Biopolymer Market (2024-2030) | Segmentation, Growth, Companies, Revenue, Trends, Share, Outlook, Forecast, Industry, Analysis, Value & Size

Market Forcast By Product Type (Biodegradable Polyesters, Biodegradable Starch Blends, PLA, PHA, Others (Bio PET, Bio PE, PTT )) By Applications (Packaging, Textiles, Consumer Goods, Agriculture, Automotive, Electronics, Construction, By Others) By Region (Western (Gujrat, Maharashtra), Central (Madhya Pradesh, Chhattisgarh), Southern (Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Kerala, Odisha), Northern (J&K, Uttarakhand, Himachal Pradesh, NCT of Delhi, Rajasthan, Punjab, Haryana, Uttar Pradesh), Eastern (Bihar, Jharkhand, Chhattisgarh, West Bengal, Sikkim, Assam, Manipur, Arunachal Pradesh, Meghalaya, Nagaland, Tripura, Mizoram)) And Competitive Landscape

Product Code: ETC5928334 Publication Date: Apr 2024 Updated Date: Jan 1970 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 74 No. of Figures: 13 No. of Tables: 3

India Biopolymer Market Synopsis

India Biopolymer market experienced robust growth in recent years on account of the Government of India’s push to eliminate the use of single-use plastic (SUP) and its decision to discontinue the manufacture, import, stocking, distribution, sale and use of identified SUP items from 1 July 2022. Simultaneously, to meet the demands of eco-conscious consumers, many companies like Amul have adopted PLA-based packaging while other companies like ITC Limited, PepsiCo, and Hindustan Unilever Limited (HUL), have committed to achieving 100% compostable, recyclable, or reusable packaging by the year 2025. This would bolster the demand for the biopolymer-based products in the forecast period.

India Biopolymer Market

According to 6wresearch, India Biopolymer market size is projected to grow at a CAGR of 14.7% during 2024-2030FIndia Biopolymers industry is expected to witness significant growth owing to the growing demand for bio-based and biodegradable bioplastic for packaging in the food and beverage sector. Moreover, the rising demand for alternatives to plastic-based fabrics in the textile sector is contributing towards the growth of the market. The growth of food processing sector (growing at a CAGR of 15.2% till 2025) and the textile and apparel sector (growing at a CAGR of 10% till 2025) in India which are looking for alternatives to traditional plastics are increasingly adopting bio-based and biodegradable bioplastics like PLA, PHA, Bio-PET etc. Moreover, BCML has announced an investment worth Rs 2,000 crore to set up a 75,000 metric tonnes per annum Poly Lactic Acid (PLA) plant which would increase the penetration of biopolymers in the Indian market.

India Biopolymer Market

Market Segmentation by Product Type

In 2023, biodegradable polyesters held the majority of revenue share in the India biopolymers market, by product type, on account of their excellent durability, resilience and flexibility which makes them suitable for use in numerous areas including food packaging, agricultural films, disposable tableware, disposable medical supplies and compostable home and personal care products.

India Biopolymer Market

Market Segmentation by Applications

During the forecasted period, packaging is expected to experience significant growth in India Biopolymer Industry driven by strengthened government regulations on single-use plastic, along with increasing awareness among consumers about sustainability. This trend is anticipated to propel the demand for eco-friendly alternatives to plastic, such as bioplastics, in the coming years.

Market Segmentation by Region

In 2023, the South region held the majority of revenue share in the India biopolymers market, by region, on account of higher level of literacy and reverence for nature which is embedded in their cultural practices that boosted the uptake of biopolymers in this region.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • India Biopolymer Market Overview
  • India Biopolymer Market Outlook
  • India Biopolymer Market Forecast
  • Historical Data and Forecast of India Biopolymer Market Revenues, for the Period 2020-2030F
  • Historical Data and Forecast of India Biopolymer Market Revenues, By Product Types, for the Period 2020-2030F
  • Historical Data and Forecast of India Biopolymer Market Revenues, By Application, for the Period 2020-2030F
  • Historical Data and Forecast of India Biopolymer Market Revenues, By Region, for the Period 2020-2030F
  • Industry Life Cycle
  • India Biopolymer Market – Porter’s Five Forces
  • Market Drivers and Restraint
  • Market Trends
  • Market Opportunity Assessment
  • Company Revenue Share
  • Market Competitive Benchmarking
  • Company Profiles

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Product Type

  • Biodegradable Polyesters
  • Biodegradable Starch Blends
  • PLA
  • PHA
  • Others (Bio PET, Bio PE, PTT )

By Applications

  • Packaging
  • Textiles
  • Consumer Goods
  • Agriculture
  • Automotive
  • Electronics
  • Construction
  • By Others

By Region

  • Western (Gujrat, Maharashtra)
  • Central (Madhya Pradesh, Chhattisgarh)
  • Southern (Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Kerala, Odisha)
  • Northern (J&K, Uttarakhand, Himachal Pradesh, NCT of Delhi, Rajasthan, Punjab, Haryana, Uttar Pradesh)
  • Eastern (Bihar, Jharkhand, Chhattisgarh, West Bengal, Sikkim, Assam, Manipur, Arunachal Pradesh, Meghalaya, Nagaland, Tripura, Mizoram)
India Biopolymer Market (2024-2030): FAQs
India Biopolymer market size is projected to grow at a CAGR of 14.7% during 2024-2030F.
India Biopolymers industry is expected to witness significant growth owing to the growing demand for bio-based and biodegradable bioplastic for packaging in the food and beverage sector.
In 2023, biodegradable polyesters held the majority of revenue share in the India biopolymers market, by product type, on account of their excellent durability, resilience and flexibility.
Segments that are covered in the market report are by product type, applications, and region.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Executive Summary
2. Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. India Biopolymers Market Overview
3.1 India Biopolymers Market Revenues, 2020-2030F
3.2 India Biopolymers Market - Industry Life Cycle
3.3 India Biopolymers Market - Porter's Five Forces
4. India Biopolymers Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. India Biopolymers Market Trends
6. India Biopolymers Market Overview, By Product Type
6.1 India Biopolymers Market Revenue Share, By Product Type 2023 & 2030F
6.1.1 India Biopolymers Market Revenues, By Biodegradable Polyesters (PBAT), 2020-2030F
6.1.2 India Biopolymers Market Revenues, By Biodegradable Starch Blends, 2020-2030F
6.1.3 India Biopolymers Market Revenues, By PLA, 2020-2030F
6.1.4 India Biopolymers Market Revenues, By PHA, 2020-2030F
6.1.8 India Biopolymers Market Revenues, By Others (Bio PET, Bio PE, PTT), 2020-2030F
7. India Biopolymers Market Overview, By Application
7.1 India Biopolymers Market Revenue Share, By Application 2023 & 2030F
7.1.1 India Biopolymers Market Revenues, By Packaging, 2020-2030F
7.1.2 India Biopolymers Market Revenues, By Consumer Goods, 2020-2030F
7.1.3 India Biopolymers Market Revenues, By Textile, 2020-2030F
7.1.4 India Biopolymers Market Revenues, By Agriculture, 2020-2030F
7.1.5 India Biopolymers Market Revenues, By Automotive, 2020-2030F
7.1.6 India Biopolymers Market Revenues, By Electronics, 2020-2030F
7.1.7 India Biopolymers Market Revenues, By Others (construction, water treatments, etc), 2020-2030F
8. India Biopolymers Market Overview, By Region
8.1 India Biopolymers Market Revenue Share, By Region 2023 & 2030F
8.1.1 India Biopolymers Market Revenues, By South, 2020-2030F
8.1.2 India Biopolymers Market Revenues, By West, 2020-2030F
8.1.3 India Biopolymers Market Revenues, By North, 2020-2030F
8.1.4 India Biopolymers Market Revenues, By East, 2020-2030F
8.1.5 India Biopolymers Market Revenues, By Central, 2020-2030F
9. India Biopolymers Market Key Performance Indicators
10. India Biopolymers Market - Opportunity Assessment
10.1 India Biopolymers Market Opportunity Assessment, By Product Type, 2030F
10.2 India Biopolymers Market Opportunity Assessment, By Application, 2030F
10.3 India Biopolymers Market Opportunity Assessment, By Region, 2030F
11. India Biopolymers Market - Competitive Landscape
11.1 India Biopolymers Market Revenue Share, By Companies, 2023
11.2 India Biopolymers Market Competitive Benchmarking, By Operating Parameters
12. Company Profiles
12.1 Envigreen Biotech India Pvt. Ltd.
12.2 Biogreen Biotech
12.3 SKYi FKuR Biopolymers Pvt. Ltd.
12.4 Plasto Manufacturing Company
12.5 Green Dot Biopak
12.6 India Glycols Limited
12.7 Arrow Greentech Ltd. 
12.8 Nomisma Healthcare
12.9 Natur-Tec India Pvt.
12.10 Hi Tech International 
12.11 Narendra Plastic Pvt. Ltd.
13. Key Strategic Recommendations
14. Disclaimer
List of Figures
1. India Biopolymer Market Revenues, 2020-2030F ($ Million)
2. India Biopolymer Market Revenue Share, By Product Type, 2023 and 2030F
3. India Biopolymer Market Revenue Share, By Application, 2023 and 2030F
4. India Biopolymer Market Revenue Share, By Region, 2023 and 2030F
5. India Packaged Convenience Food Industry 
6. Urban Population in India as a percentage of total population, 2021-2050F
7. Textiles and Apparel exports from India (in $ bn)
8. India Packaging Sector Hubs
9. India Biopolymer Market Opportunity Assessment, By Product Types, 2030F
10. India Biopolymer Market Opportunity Assessment, By Product Type, 2030F
11. India Biopolymer Market Opportunity Assessment, By Region, 2030F
12: India Bio Polymer Market Revenue Share, By Companies, 2023
13. India Packaging Sector Market Size, 2019 & 2025F (US$ Billion)
List of Tables
1. India Biopolymer Market Revenues, By Product Type, 2020-2030F ($ Million)
2. India Biopolymer Market Revenues, By Application, 2020-2030F ($ Million)
3. India Biopolymer Market Revenues, By Region, 2020-2030F ($ Million)
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