Dublin, June 01, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Assessment of China's Market for Biodegradable Plastics" report to their offering. Growth China Bio-Plastics Market Expected to Continue The report estimates that in 2016 the domestic market for bio-plastics in China had sales of over 130,000 tons, with an additional 160,000 tons exported. The study finds that the growth rate for domestic sales in 2016 was over 13%, led by the key segments of partially degradable plastic and PBAT. This market in China has been growing quickly, and is projected to expand even further, though not as fast as it could if enforcement of key rules were greater. The main driver is the effort by state and some municipal governments to push replace traditional plastic bags with biodegradable ones.
The Chinese biodegradable plastic market is relatively concentrated with top 10 market leaders accounting for 45% of the total revenues. The rest of the market consists of around 200 suppliers mostly with the annual revenue of less than RMB 10 Mn. This indicates it is difficult for small suppliers and new entrants to compete against dominant players. With less resources and lack of economy of scale, small companies are more likely to fill in the niche market or exit from this sector. The report features in-depth analysis of seven key bio-plastic product segments, including PSM-Partially Degradable, PSM-Fully Degradable, PBAT, PLA, PBS and PHA. Applications include disposable plastic bags, packaging, tableware, medical, agriculture & forestry, automotive and others. The report covers the domestic Chinese market, as well as exports. It finds that both domestic growth and exports should continue to be strong, with key foreign suppliers excelling in specialty segments. Key Topics Covered: Chapter 1 Introduction Introduction I. Introduction LPS Overview Sections of the Study Sampling Supplier Sampling II. Definitions and Process Product Definitions End-User/Application Industry Definitions Glossary Open and Closed Questions By Geographic Location Locations by Tier in China A Note on China's Key Industrial Output Areas Chapter 2: Total Analysis I. Executive Summary Market in Summary Market Entry Issues Key Findings Market Drivers and Inhibitors Regulatory Factors Opportunities in Target Market Corporate and Regulatory News Expert Views Recommendations II. Market Figures Key Findings Market Figures Overview Market by Product Segment Market by End-user Industry Market by Region Exports Product and Pricing Growth Rates and Forecasts III. Competitive Analysis Key Findings Supplier Concentration Foreign vs. Domestic Suppliers Product Revenues - Top Suppliers Industry Coverage - Top Suppliers Capacity and Production Summary of Top Suppliers Five Forces Analysis IV. Channel Analysis Key Findings Market Value Chain Chapter 3: Analysis by Segment I. PSM-Partially Degradable II. PSM-Fully Degradable III. PBAT IV. PLA V. PBS VI. PHA Appendix I: Supplier Profiles - Anqing Hexing - BASF - Becausewecare - Biograde - Cereplast - Dongguan Renju - Dongguan Xinhai - ESUN - Ecomann Tech. - Hisun Pharma. - Huazhilu Bio-material - Jiangsu Jiuding - Jiangsu Torise - Jinhui Zhaolong - KINGFA - Lanshan Tunhe - Mitsubishi - Bio-plastic - Natureworks - Perstorp - Rongze New Material - Shenzhen Hongcai - Showa Highpolymer - Sogreen - Suzhou Hanfeng - WH Huali - Wandanjie Plastics - Wuhan Huali - YIFAN Pharma - Yantai Sunshine For more information about this report visit http://www.researchandmarkets.com/research/dm...essment_of
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