Asia Pacific Bio-Based Polymer Market Poised for Robust 17.8% CAGR Growth to Exceed $890 Million by 2031, Driven by Automotive and Renewables Demand
• Market valued at $203.5 million in 2022, forecasted to reach $892.3 million by 2031 with a CAGR of 17.8%
• Growth driven by rising demand for bio-polyamides, preference for high-performance materials, and uptake of eco-friendly biopolymers
• Automotive, solar, household appliances, oil & gas, and textiles among key end user industries
• Bio-polyamides, bio-polyurethane leading polymer types; pellets, yarns popular form factors
• Japan, South Korea, India + Rest of Asia Pacific offer strong growth opportunities; key players making strategic expansions