Bio-based Building Blocks and Polymers Global Capacities, Production and Trends 2024–2029 – Short Version (PDF)

2024 was a respectable year for bio-based polymers, with an overall expected CAGR of 13 % to 2029. Overall, bio-based biodegradable polymers have large installed capacities with an expected CAGR of 17 % to 2029, but the current average capacity utilisation is moderate at 65 %. In contrast, bio-based non-biodegradable polymers have a much higher utilisation rate of 90 %, but will only grow by 10 % to 2029.

Epoxy resin and PUR production is growing moderately at 9 and 8 %, respectively, while PP and cyclic APC capacities are increasing by 30 %. Despite a decline in production of biodegradables, especially for PLA in Asia, capacities have increased by 40 %. The same applies to PHA capacities. Commercial newcomers such as casein polymers and PEF recorded a rise in production capacity and are expected to continue to grow significantly until 2029.

Press release

https://nova-institute.eu/news/pr/?id=601

Authors

Pia Skoczinski, Michael Carus, Gillian Tweddle, Pauline Ruiz, Lara Dammer, Ann Zhang, Narendar Poranki, Lars Börger, Doris de Guzman, Rick Passenier, Tanver Ali, Harald Käb, Matthew Hartley and Achim Raschka

Date of publication

Mar 2025

Pages

28

Language

File type

PDF

Downloads

219