Author: Maria C. Naranjo (Axia innovation)
A key pillar for a sustainable future lies in conserving fossil resources by replacing them with biomaterials, which hold great potential as an alternative. Yet, enhancing the functional properties of these biomaterials is essential for their competitive edge in the market. BioNanoPolys targets this opportunity by aiming to introduce safe, nano-enabled bio-based materials and polymer bionanocomposites suitable for multifunctional uses and advanced applications. Utilizing high lignocellulosic feedstocks, the project produces cellulose nanofibers, cellulose nanocrystals, nanolignin, and metallic nanoparticles. Moreover, BioNanoPolys stands out for its innovative approach in using feedstocks with a high sugar content to produce essential building blocks, organic acids, PHAs, and active compounds for nanocapsule creation. The goal is to fabricate bionanocomposites and bio-based nano-products from sustainably sourced feedstocks for use in a variety of sectors including packaging, textiles, agriculture, cosmetics, pharmaceuticals, and food.
To enhance the adoption of biomaterials in the market, the BioNanoPolys project has strategically focused on key application areas—packaging, textiles, and consumer goods—offering a comprehensive service model through the Single-Entry Point (SEP). This approach ensures that clients and stakeholders have streamlined access to a suite of services. At the heart of this initiative, the BioNanoPolys SEP serves as the central hub where partners from the OITB come together to offer their expertise, granting clients easy access to essential pilot lines and services for the safe development and scaling of materials and products. Interested parties can engage with the BioNanoPolys SEP via an interactive online platform, where they can create an account and submit their project requests. This process includes the option to sign a Non-Disclosure Agreement before formally submitting their application, which outlines the specific test case and requested service. The BioNanoPolys SEP is designed to be the exclusive gateway to its comprehensive service portfolio, positioning it to make a significant impact on the global market for bio-based materials.
Biobased material market
Bio-based materials or biomaterials, are derived from renewable sources like agricultural byproducts, plants, and microorganisms. These materials are key to promoting a circular and sustainable economy, offering significant environmental benefits. According to a 2023 market analysis, the global market for bio-based materials was valued at approximately 41 billion USD. Projected to grow at a compound annual growth rate (CAGR) of 25.60% from 2024 to 2032, it is anticipated to reach an estimated 295.61 billion EUR by 2032.
The growth of the bio-based material market is propelled by various critical factors, including government regulations and incentives that support renewable resources and sustainable practices. These policies encourage the development and use of bio-based materials. Additionally, increasing public awareness of climate change and environmental sustainability is shifting consumer preference towards products with a lower environmental footprint, further boosting market growth. As a result, the bio-based material market is experiencing rapid expansion, with an ever-growing range of bio-based materials available. Innovations in technology and improvements in production processes are making bio-based materials more cost-effective and efficient. The market for bio-based materials is diverse, with applications ranging from rigid and flexible packaging to textiles, automotive, consumer goods, and construction, among others.
Market trends
The environmental impact of fossil-based materials, especially their growing carbon footprint, is a significant concern. As a result, bio-based materials are becoming crucial in the shift toward sustainability, driven by the escalating demand for eco-friendly alternatives. The market is increasingly oriented towards sustainable yet functional bio-based materials. Among these, bio-based plastics, derived from renewable sources like crops, are in higher demand for products including disposable utensils and food packaging. Additionally, the use of bio-based composites—materials combined with fibers, resins, or minerals—is on the rise. These composites offer greater durability and lighter weight compared to traditional materials and are versatile enough for various uses, from building materials to automobile parts.
