|Frost & Sullivan Research Service||Published: 31 May 2010|
This Frost & Sullivan research service titled Strategic Assessment of the Bioplastics Market in Brazil and Mexico provides the current status of the market, highlighting forecasts, market trends, and an analysis for participants and end users. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets polylatic acids (PLAs), polyhydroxalkonates (PHAs), bio-based commodity plastics, starch-based plastics, and bio-based engineering plastics.
This analysis is available through our Chemicals & Materials Growth Partnership Services program. With continuous access to intelligence and resources from all seven perspectives of the Complex Business Universe, the Growth Partnership Services program ensures that you and your Growth Team™ are able to maintain a 360 Degree Perspective of the market. This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth. For more information on this custom subscription service, please click here.
Abundance of Raw Material and Low Cost Enhance Prospects for the Bioplastics Market in Brazil and Mexico
Both Brazil and Mexico are nascent markets for bioplastics, which are currently under pilot scales in several companies, penetrating segments, such as food packaging and agricultural films. However, large production scales in Brazil are expected to change the dynamics of the market in the region. With renewable raw materials at low cost and an established and qualified workforce made up of several research groups, Mexico and especially Brazil have a privileged position worldwide. Further, Brazil has the potential to become a global producer and exporter of biopolymers as financing and R&D activities are being streamlined by government agencies.
The abundance of feedstock for producing bio-based polymers in this region is enabled by its tropical climate, which aids the growth of crops, such as sugarcane in Brazil. This, in turn, translates into low production cost, which is particularly suited to the demands of the commodity plastics market. "Brazil is the leading producer of sugarcane in the world, having unbeatable production costs for this raw material," notes the analyst of this research service. "As sugarcane and ethanol production in Brazil is constantly increasing, this will be a competitive advantage for the country to expand bioplastics production based on ethanol." By 2015, large-scale units such as Braskem bio-based polyethylene and Solvay S.A. bio-based PVC are expected to be producing bioplastics. The Braskem bioplastics plant will be the largest in the world. Producers in other global regions will largely struggle to match Brazil in terms of its advantages on the feedstock front.
On the other hand, Mexico does not have local bioplastics production. The country is in the first stage of bioplastics development; there are several universities and research institutes working on finding new sources to produce bioplastic in higher volumes. There is actual bioplastics pilot production based on corn, seaweeds, and plane tree starch. At present, major applications are related to food packaging, food trays for fruits and vegetables in supermarkets, supermarkets bags, access cards, textiles and cosmetic packaging, but on a lower scale. The development of durable products, such as those in consumer electronics (laptop and mobile phone casings and others), in leisure (sporting shoes, ski boots, and so on), and in the automobile industry, is a trend for the future.
Although the prospects for the market are upbeat, there are some challenges reining in market progression. Currently, the level of awareness of using bioplastics in Brazil and Mexico is still very low. Bioplastics are still considered a niche market, with cost and performance issues to be solved before further growth can be achieved. In Brazil, a common trend is to reuse plastic bags as garbage bags. Despite providing returnable bags or boxes by supermarket chains, customers continue to prefer plastic bags, especially because these bags are offered free of cost. However, the public, governments, and private companies in these countries are finally recognizing increasing oil prices and the importance of climate change, leading to an increasing interest in bioplastics. The end-user base has to be educated according to what each of these products represents and the similarities and differences among them. Some bioplastics, such as NatureWorks PLA, have different grades in order to meet requirements in diverse industries, which could increase product awareness among end users. To ensure successful business outcomes in this market, participants must establish partnerships or alliances with the agro industrial sector, while maintaining cost competitiveness.
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By End-user Vertical:
Frost & Sullivan Growth Partnership Services
Frost & Sullivan's Growth Partnership Services empower companies to accelerate their growth by achieving top-line improvements and bottom-line results. This is accomplished by helping our clients execute successful growth strategies and providing their Growth Teams™ with the skills, know-how, and tools to generate growth opportunities, evaluate these opportunities to create a growth pipeline, and implement a growth strategy to deliver measurable business results.
Our growth solutions support the entire growth process:
TEAM Researchis a program that furnishes clients with access to market research, competitive intelligence, financial benchmarking, and market strategies and analysis, and provides access to industry experts to aid in generating growth opportunities.
Growth Consulting Servicesunite clients with our industry experts to evaluate opportunities and develop customized strategies and business plans to drive top-line revenue and margin growth.
Growth Team Membership™is a career-focused offering that was developed to address the unique challenges that senior executives face when implementing strategies to achieve aggressive corporate growth targets.
|Table Of Contents|
1. Executive Summary
1.2 Research Objectives
1.3 Market Definitions
1.4 Market Overview
1.5 Summary of Major Findings
2. Market Dynamics
2.1 PESTEL Analysis
2.2 Bioplastics Raw Material Analysis
2.3 Current technologies x Potential developments
2.4 Bioplastics x Petrochemical Polymers
2.5 Market Challenges
2.6 Impacts on the Plastics Industry
3. Assessment of the Bioplastics Market in Brazil
3.1 Market Overview
3.2 Current (2009) x Potential Market Sizing (2010 – 2015)
3.3 End-User Analysis: Current x Potential Applications
3.4 Key Market Participants
3.5 Expected Changes in the Competitive Environment
3.6 Market Drivers & Restraints
3.7 Key Market, Regulatory, and Investment Trends
4. Assessment of the Bioplastics Market in Mexico
4.1 Market Overview
4.2 Current (2009) x Potential Market Sizing (2010 – 2015)
4.3 End-User Analysis: Current x Potential Applications
4.4 Key Market Participants
4.5 Expected Changes in the Competitive Environment
4.6 Market Drivers & Restraints
4.7 Key Market, Regulatory, and Investment Trends
5. Market Opportunities Analysis
5.1 Bioplastics Competitiveness in Brazil and Mexico
5.2 Current and Emerging Opportunities
5.3 Market Segments to be Targeted
5.4 SWOT Analysis
6. Conclusions and Final Recommendations
|Please print out this form, complete your details and fax it to Frost & Sullivan:|
|Latin & North America:
Frost & Sullivan
7550 West Interstate 10
Texas 78229-5616. USA
Frost & Sullivan
100 Beach Road
#29-01/11, Shaw Tower
Fax: +65 68900988
Frost & Sullivan
4 Grosvenor Gardens
London SW1W 0DH. UK
Fax: +44(0) 1865 389 515
I would like information on:
Strategic Assessment of the Bioplastics Market in Brazil and Mexico (N7DF-01-00-00-00)
(For instance 'Please send me more information on...')
Tel:+27 21 680 3260
Tel: +65 68900999
Tel: +44 (0) 20 7343 8383
Tel: +54 11 4777 1550
Middle East and North Africa:
Tel: +91 (0) 22 6160 6666
|For a full list of our offices click here.|