The surge in the demand for environmental friendly products have pushed the mainstream adoption of bio-based products manufactured by the bio-based materials companies. With the goal to save the environment from any further harm, many international bodies are encouraging startups across the globe to boost the production of the bio-based materials. 



Materials such as paper, wood and leather can be considered the bio-based materials that are currently in demand (major basic materials used by the bio-based materials companies). This points towards the fact that the bio-based products are basically derived from the living matter. In addition to this, the products made by these materials have pushed the bio-based materials companies to new heights. They have become more popular and are generating more revenues due to government support across the globe. 



Advanced bio-based materials companies have been transforming natural materials into value-added products and fuels. These products can further be classified into biochemical or thermochemical. Moreover, the bio-based products are more efficient as compared to their petroleum-based counterparts. It must be noted that the bio-based materials have zero carbon footprint making them a prime choice for the new age players – bio-based materials companies.

 

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Exploring the novel techniques appointed by the bio-based materials companies
In recent years, the demand for carbon neutral products have escalated. This uptrend is due to the increasing applications of the bio-based products. The global regulatory bodies are imposing many restrictions over the products that have been damaging the environment. With the rise in encouragement to use the bio-based products, many bio-based materials companies are exploring different ways to offer a variety of applications. They are being widely used for rigid packaging, flexible packaging and electrics and electronics. 

These products are being introduced in the consumer goods and automotive industries as well by the established bio-based materials companies. It is estimated by the market research team of Verified Market Research that the Bio-Based Materials Market was valued at USD 13.28 billion in 2018. As the demand is increasing everyday, the bio-based products market will skyrocket to USD 85.19 billion by 2026. The overall growth over the ongoing septennial is equal to a CAGR of 26.02% from 2019 to 2026. Check out the latest updates of the market in the Global Bio-based Material Market Report.

Key bio-based materials companies setting the bar of carbon neutrality higher
Gevo

Gevo is the leader of the bio-based materials companies’ market segment. It is considered as the chief player and regarded as the next-generation “low-carbon”​ fuel company. It majorly focuses on the development and commercialization of renewable alternatives. They have pioneered the technology of finding efficient alternatives to petroleum-based products. 

Twist Bioscience

Twist Bioscience has been at the forefront of serving the best technology to the Life Science researchers, Scientists coming from diverse fields of medicine, agriculture, industrial chemicals and data storage. The products of the leader of the bio-based materials companies’ company’s are more efficient than the traditional ones. It aims to enrich the lives of all human beings. The vision of the organization is to make the  lives better and to improve the overall sustainability of the planet.

Puraffinity

Puraffinity is the leader in designing and manufacturing novel advanced materials, a more advanced version of the bio-based materials companies. These products cater to the demand of producing materials that benefit the environment. Puraffinity  has come up with a groundbreaking technology that helps in dealing with the PFAS problems effectively. 

Ecovative Design

Ecovative Design has used biology to come up with innovative ideas for solving fundamental human needs. These needs are basically equal to industrial scale production. Ecovative uses mycelium to grow category defining products among the bio-based materials companies. This company has been applauded for major governing bodies for its environmental contributions.

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Kraig Biocraft

Kraig Biocraft  has steered the bio-based materials companies’ market ever since the market took its baby steps. The company has come a long way since then and now focuses on the development and commercialization of spider silks. The short-term achievements made by the organizations has helped in solving numerous problems. Boeing practical in approach, the company has found out the secret to build a practical and cost-effective technology. This unique technology can be used for producing recombinant spider silk based fibers, that too on industrial scale.

Hitting Bull’s eye with bio-based materials companies: carbon neutral future
The bioeconomic approach is going to transform the way we look at the environment. The introduction of bio-based materials companies was done to find a cheaper and effective replacement for the traditional ones. This market has grown past that image and has become a global phenomena. Many governments have introduced benefits for these types of companies. Due to this reason, the bio-based materials market is flooded with newbies.

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