South America Bioplastics Market Outlook and Strategic Insights by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

South America Bioplastics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Biodegradable and Non-Biodegradable) and Application (Packaging, Agriculture, Consumer Goods, Automotive & Transportation, Textiles, Building & Construction, and Others)

Report Date : May 2022
Report Code : TIPRE00029081

Category : Chemicals and Materials
Status : Published

Available Report Formats :
No. of Pages : 98

Page Updated: May 2022

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The bioplastics market in SAM is expected to grow from US$ 339.10 million in 2021 to US$ 747.07 million by 2028; it is estimated to grow at a CAGR of 11.9% from 2021 to 2028.

The market in South & Central America is segmented into Brazil, Argentina, and the Rest of SAM. The flourishment of the automotive and packaging industries is anticipated to drive market growth in this region. As per IHS Automotive, the regional automobile market is predicted to grow significantly in the coming years, and it will be one of the world’s top markets for light vehicle sales by 2025. Technological advancements, elevated greenhouse gas emission levels, and a greater focus on environmental sustainability and vehicle end life management are the factors fueling the demand for bioplastics in the automotive industry. Bio-based polypropylene is competent material for producing sturdier plastic parts, such as bumpers, dashboards, and battery covers. Further, utilizing bioplastics in agriculture applications benefit through the reduction of carbon footprint, as bioplastics are biodegradable materials that can degrade more quickly and naturally. Moreover, key players in the bioplastics market in SAM are likely to expand their market share by adopting product development and innovation strategies.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM bioplastics market at a notable CAGR during the forecast period.

SAM BioplasticsMarket Revenue and Forecast to 2028 (US$ Million)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

SAM Bioplastics Market Segmentation

SAM bioplastics market is segmented into type, application, and country. Based on type, the market is segmented into biodegradable and non-biodegradable. The biodegradable segment held the larger market share in 2020. Based on application, the SAM bioplastics market has been divided into packaging, agriculture, consumer goods, automotive & transportation, textiles, building & construction, and others. The packaging segment held the largest market share in 2020. Based on country, the SAM bioplastics market is segmented into Brazi, Argentina, and rest of SAM. Furthermore, Basf SE; Biome Bioplastics; Braskem S.A.; Sabic; Teijin Limited; Toray Industries, Inc.; and Total Corbion PLA are among the leading companies in the SAM bioplastics market.

South America Bioplastics Report Scope

Report Attribute	Details
Market size in 2021	US$ 339.10 Million
Market Size by 2028	US$ 747.07 Million
Global CAGR (2021 - 2028)	11.9%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Biodegradable and Non-Biodegradable By Application Packaging Agriculture Consumer Goods Automotive & Transportation Textiles Building & Construction
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	Basf SE Biome Bioplastics Braskem S.A. Sabic; Teijin Limited Toray Industries, Inc. Total Corbion PLA

Research Manager

Habi Ummer

Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

What are the South America Bioplastics Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Recent Reports

Testimonials

I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.

DR CHIJIOKE ONYIA MANAGING DIRECTOR, PineCrest Healthcare Ltd.

The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services

YUKIHIKO ADACHI CEO, Deep Blue, LLC.

We worked with The Insight Partners for an important market study and forecast. They gave us clear insights into opportunities and risks, which helped shape our plans. Their research was easy to use and based on solid data. It helped us make smart, confident decisions. We highly recommend them.

PIYUSH NAGPAL Sr. Vice President, High Beam Global

I requested a report on a very specific software market and the team produced the report in a few days. The information was very relevant and well presented. I then requested some changes and additions to the report. The team was again very responsive and I got the final report in less than a week.

Jean-Herve Jenn Chairman, Future Analytica

This is the first time I have purchased a market report from The Insight Partners.While I was unsure at first, I visited their web site and felt more comfortable to take the risk and purchase a market report.I am completely satisfied with the quality of the report and customer service. I had several questions and comments with the initial report, but after a couple of dialogs over email with their analyst I believe I have a report that I can use as input to our strategic planning process.Thank you so much for taking the extra time and making this a positive experience.I will definitely recommend your service to others and you will be my first call when we need further market data.

John Suzuki President and Chief Executive Officer, Board Director, BK Technologies

The Insight Partners' SCADA System Market report is comprehensive, with valuable insights on current trends and future forecasts. The team was highly professional, responsive, and supportive throughout. We are very satisfied and highly recommend their services.

Ran Kedem Partner, Reali Technologies LTDs

Reason to Buy