According to a market report by Lucintel, the future of the global biomimetic plastic material market looks promising with opportunities in the research institution, transportation, and consumer electronic markets. The global biomimetic plastic material market is expected to reach an estimated $10.5 billion by 2030 from $7.5 billion in 2024,at a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are significantly growing automotive sector and rising demand from the electronic industry.
A more than 150-page report to understand trends, opportunity and forecast in biomimetic plastic material market to 2030 by type (biodegradable plastic, self-healing plastic, and others), application (research institutions, transportation, consumer electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, biodegradable plastic is expected to witness higher growth over the forecast period due to growing environmental concerns.
Within the application category, consumer electronics will remain the largest segment.
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In terms of regions, North America will remain the largest region over the forecast period due to rising growth in the healthcare industry and surging adoption of advanced technology in the automotive industry.
Parx Plastics, The University of Tokyo, The University of Southern Mississippi, University of Illinois, ESPCI are the major suppliers in the biomimetic plastic material market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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