The global biopolymers in electrical and electronics market size is anticipated to reach USD 313.41 million by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 16.31% from 2025 to 2030. Rapidly increasing demand for biopolymers across the electrical & electronics manufacturers in line with the adaptation of green electronics for the manufacturing of their products is anticipated to propel the growth of the market.
Rapidly increasing amount of e-waste is a major global concern and is being addressed by various countries. Numerous companies have adopted the use of biopolymers to manufacture their electronic & electrical products and have included them as a part of their sustainability goal. In addition, a rising number of environmental conservation awareness programs are being carried out, keeping both consumers and electronic device manufacturers well-informed regarding the rapid growth of e-waste.
Furthermore, with technological advancement manufacturers are rapidly progressing for developing and launching new products, joint ventures, and other strategic initiatives. For instance, in February 2023, companies including Fraunhofer WKI, Fraunhofer IAP, crosslinking service provider BGS and other industrial partners initiated a joint venture for developing bio-based flame retardant to be used across the electrical & electronics industry.
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Biopolymers In Electrical And Electronics Market Report Highlights
• Asia Pacific biopolymers in electrical & electronics market dominated the global market and accounted for largest revenue share of 62.45% in 2024, which is attributable to the growing electronics industry.
• Expanding composting infrastructure and rising governmental efforts to reduce landfilling are anticipated to augment the demand for biopolymers across the electrical and electronics industry over the forecast period.
• Rising concerns for environment protection has propelled the manufacturers to introduce the utilization of biopolymers for the manufacturing of their applications.
• Wires & cables across the application segmentation dominated the market in terms of revenue share of above 42.0% in 2022, followed by panel displays, and electronic device casings.
Biopolymers In Electrical And Electronics Market Segmentation
Grand View Research has segmented biopolymers in electrical and electronics market report on the basis of product type, application, and region:
Biopolymers In Electrical And Electronics Product Type Outlook (Volume, Tons; Revenue, USD Thousand; 2018 - 2030)
• Biodegradable
o Polylactic Acid (PLA)
o Polybutylene Adipate Terephthalate (PBAT)
Non-biodegradable
o Polyethylene (PE)
o Polyethylene Terephthalate (PET)
o Polyamide (PA)
Biopolymers In Electrical And Electronics Application Outlook (Volume, Tons; Revenue, USD Thousand; 2018 - 2030)
• Rechargeable batteries
• Wires & cables
• Electrical insulator
• Panel displays
• Electronic Device Casings
• Others
Biopolymers In Electrical And Electronics Regional Outlook (Volume, Tons; Revenue, USD Thousand; 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o The Netherlands
o Spain
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Thailand
o Vietnam
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o Saudi Arabia
o United Arab Emirates (UAE)
o South Africa
List Of Key Players in the Biopolymers In Electrical And Electronics Market
• SABIC
• BASF SE
• Trinseo
• Braskem
• TEIJIN LIMITED
• Toyota Tsusho Corporation
• NatureWorks LLC
• Total Carbion PLA
• Solvay
• Futerro
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