Latest news with #bioplastics
Yahoo
08-07-2025
- Business
- Yahoo
Global Bioplastics Market Set to Reach Valuation of US$ 19.75 Billion By 2033
Bioplastics market is rapidly advancing, driven by regulatory mandates, technological breakthroughs, and strong brand commitments, positioning it as a resilient, scalable, and sustainable alternative to conventional plastics across multiple global industries. Chicago, July 08, 2025 (GLOBE NEWSWIRE) -- The global bioplastics market was valued at US$ 7.35 billion in 2024 and is expected to reach US$ 19.75 billion by 2033, growing at a CAGR of 11.61% during the projection period of 2025-2033. Lawmakers on every continent are tightening rules on conventional polymers and, in doing so, are setting a sturdy floor for the bioplastics market. The European Union's updated Packaging and Packaging Waste Regulation, agreed in late-2023, obliges food-service outlets to ensure that all cutlery, plates, and sachets are certified compostable by 2030. Similar momentum can be seen in California, where Senate Bill 54 requires a forty-percent reduction in virgin plastic by the same horizon. These mandates translate directly into pull-through demand: global production capacity for bio-based and biodegradable grades touched 2 ,431.9 kilotons in 2024, up from just under 1 ,600 kilotons five years earlier. Because the rulebooks specify end-of-life criteria—compostability, recyclability, or mandatory take-back—brand owners now treat material choice as a compliance issue rather than a public-relations gesture, locking in multi-year sourcing contracts that stabilize producer margins. Download the Free Sample Pages Featuring Select Insights and Regional Highlights: Beyond headline regulations, incentive structures are becoming more granular. France now grants an extended producer responsibility fee discount of EUR 450 per ton for certified home-compostable packaging, while India lets producers offset mandated plastic-waste collection obligations by submitting proof of bio-based resin usage. These mechanisms compress payback periods for capital-intensive fermenters and polymerization lines, accelerating final-investment decisions. As a result, the bioplastics market is shifting from niche pilot scale toward regulated mainstream supply, with entire sub-segments—quick-service catering items, fruit stickers, and agricultural mulch films—expected to be functionally restricted to bio-based inputs well before decade's end. Continuous policy tightening, therefore, remains the single most decisive force shaping competitive dynamics and technology selection. Key Findings in Bioplastics Market Market Forecast (2033) US$ 19.75 billion CAGR 11.61% Largest Region (2024) Asia Pacific (45%) By Mode of Application Flexible Packaging (33%) By Type Biodegradable Plastics (71%) Top Drivers Rising consumer demand for sustainable packaging across food and beverage industries. Advancements in biopolymer technology enabling broader applications and improved performance. Increased corporate investment in circular economy and renewable material supply chains. Top Trends Rapid adoption of bioplastics in automotive, electronics, and consumer goods. Shift toward non-food, waste-derived feedstocks for bioplastic production scalability. Expansion of biodegradable bioplastics for single-use and compostable packaging solutions. Top Challenges High production costs compared to conventional plastics hinder market competitiveness. Limited industrial composting infrastructure restricts end-of-life bioplastic processing options. Competition with food-based feedstocks raises sustainability and supply chain concerns. Feedstock Diversification Unlocks Stability In Volatile Agricultural Commodity Landscape Worldwide For a decade, critics argued that reliance on first-generation sugarcane or corn starch tethered producers to food-price swings. During the 2022 commodity spike, however, emerging feedstocks such as seaweed hydrolysates, purple non-sulfur bacteria, and forestry side-streams cushioned input inflation. UPM's biorefinery in Leuna, Germany, for example, now converts hardwood lignin into furandicarboxylic acid at a commercial scale, allowing PEF bottle makers to bypass grain-based pathways. Similarly, Indonesian consortiums are scaling sago-pith residues to supply 12 kilotons of thermoplastic starch annually, locking forward prices for five years. This steady feedstock basket has insulated the bioplastics market from the volatility that battered traditional resin buyers during pandemic-era supply shocks. Diversification's second benefit is geographic risk hedging. While drought reduced Brazilian sugar yield in early-2024, algae-derived PHBV output from a new facility in Qingdao met Asian converter demand with minimal freight emissions. Elsewhere, Novamont is piloting carbon-negative PHA sourced from captured industrial CO₂ and vegetable-oil waste, further loosening ties to arable land. Collectively, more than sixty discrete biomass streams are now vetted by the European Bioplastics certification program, versus fewer than twenty a decade ago. Investors read this spread as resilience, which is why biomass-hedged ventures closed financing rounds even as petrochemical projects stalled. Consequently, diversified inputs are no longer an R&D curiosity; they are a decisive cost-containment lever and a competitive moat for fast-scaling players within the bioplastics market. Technological Breakthroughs Elevate Performance Parity With Conventional Petro-Based Plastics Today Early-generation biopolymers suffered from low thermal resistance and moisture sensitivity, limiting adoption to niche film applications. The technology curve has since steepened. In April 2024, researchers at the University of Minnesota demonstrated a glycolic-acid-co-polymerized PLA that withstood 130 °C heat-deflection tests—matching polypropylene oven-ware standards—without compromising compostability. Separately, BASF's ecovio F Mulch generation achieved elongation at break of 490 MPa, a tenfold gain over the 2015 benchmark, enabling mechanical recycling loops in agricultural films. These lab milestones are translating quickly into plant realities: annual production of high-heat PLA surpassed 180 kilotons in 2024, according to European Bioplastics. Processing compatibility is advancing in parallel. Next-wave nucleating agents now allow bio-PE to run on legacy injection-molding screws at throughputs of 1.2 tons per hour, eliminating costly retrofits. Additive packages from Milliken and Clariant suppress hydrolysis during twin-screw extrusion, extending pellet shelf life from six to twenty-four months. Such gains cut hidden operating costs that once deterred procurement teams. Moreover, life-cycle-analysis datasets released in 2024 show that the latest PHA grades deliver cradle-to-gate greenhouse-gas savings of 6.4 kilograms of CO₂ equivalent per kilogram of resin compared with fossil PET, even after accounting for land-use change. Hence, the technology gap with petro-based incumbents is rapidly closing, further intensifying interest in the bioplastics market among converters who previously viewed bio-polymers as technically inferior. Regional Production Clusters Redraw Global Supply Chain Competitiveness Map Now Supply once flowed mainly from a few Brazilian and Thai plants, but the capacity build-out since 2021 has produced distinct regional clusters. Europe leads in research-driven specialty grades: facilities in Belgium, the Netherlands, and Slovakia account for 38 kilotons of PEF bottle resin and nearly the entire global supply of PBS-co-sebacate barrier films. Asia Pacific, by contrast, dominates high-volume PLA and starch blends, with Guangxi and Rayong provinces together housing nine lines that each exceed 40 kilotons per year. North America's Gulf Coast is catching up through sugar-derived bio-PE, leveraging competitive ethanol dehydration units integrated with existing cracker infrastructure. These geographic specializations are not arbitrary; they mirror local feedstock availability, energy prices, and regulatory incentives, driving logistics efficiencies that ripple across the bioplastics market. Trade flows are therefore becoming bidirectional. European converters import Asian PLA for thermoforming trays, while shipping PEF preforms eastward for premium beverage brands. Freight data from Clarkson Research shows that bio-based polymer shipments through the Port of Rotterdam climbed to 1.6 million cubic meters in 2023, triple the volume moved in 2019. Meanwhile, Mexican toll compounding hubs supply US automotive Tier-1s with PHA-glass-fiber composites, slashing lead times by two weeks compared with Asian sourcing. As regional clusters mature, local job creation and shortened supply chains strengthen political support, which in turn feeds a virtuous circle of grants and infrastructure upgrades. The outcome is a more distributed, resilient, and competitive global footprint for the bioplastics market that mitigates single-region disruption risks. Brand-Owner Commitments Drive Demand Across Packaging, Textile, And Automotive Lines Consumer-facing corporations are the loudest amplifiers of momentum. Coca-Cola's 2024 rollout of a 500-milliliter PEF bottle in Germany, with barrier performance enabling a sixty-day shelf life for carbonated drinks, proved that bio-based containers can meet mainstream logistics requirements. Unilever then followed by converting its entire Carte d'Or ice-cream tub range to compostable PLA-PBAT blends, cutting fossil resin use by 10,000 tons annually. In textiles, H&M ordered 1.4 million garments using fermented-sugar-derived EVOH fibers, citing dye uptake advantages and lower micro-plastic shedding. Automotive adoption is also scaling: Stellantis specified PHA interior trim for the 2025 Fiat 500e, leveraging weight reductions that extend driving range by seven kilometers on a single charge. These high-visibility moves generate multiplier effects. Tier-2 packaging suppliers accelerate certification to preserve contracts, while logistics firms invest in temperature-controlled lanes that prevent premature hydrolysis. According to industry tracker Nova-Institut, brand-led off-take agreements underpinned 78 percent of new capacity announcements recorded in 2023—proof that downstream pull, not upstream push, is the primary engine for the bioplastics market. Furthermore, digital traceability systems such as Plastics Pact dashboards now publicly rank each signatory's fossil-plastic reduction progress, adding reputational stakes. As more brands set science-based targets tied to material origin and end-of-life outcomes, the procurement needle is expected to swing even faster toward certified bio-polymers, consolidating demand signals along the entire value chain. Investment Landscape Shows Surging Pilot Plants, M&A, And Joint Ventures Capital flows are matching the commercial buzz. PitchBook logged 3.7 billion in disclosed equity transactions for bio-based polymer start-ups in 2023, more than double the pre-pandemic average. Rather than chasing green premiums, investors emphasize scale readiness and integration. TotalEnergies-Corbion's decision to triple the capacity of its Thai PLA complex came alongside a strategic pact with papermaker SCG, securing barrier-coating expertise. Meanwhile, Solvay acquired Zymergen's PDK intellectual property for an undisclosed sum, aiming to embed chemical recyclability at the molecular level. Corporate venture arms are equally active: Toyota Tsusho led a late-2023 Series C round in Newlight Technologies to secure air-capture-based PHB for future vehicle parts. Pilot infrastructure is maturing as well. Over fifteen demonstration lines between 5 and 20 kilotons per year were commissioned in 2024 across Europe and North America, focused on PHA, PEF, and cellulosic thermoplastics. These semi-commercial units derisk scale-up by generating multi-ton batches for processor trials, closing the historical chasm between lab and market. Debt financiers, traditionally wary of untested chemistries, now view such facilities as proof-of-concept, unlocking project-finance structures previously reserved for biofuels. The funding boom thus equips the bioplastics market with the hardware it needs to meet policy-driven and brand-driven pull, setting the stage for accelerated transition from pilot to full-scale within the next three years. Waste Management Infrastructure Integration Determines True Circularity And End-Of-Life Value Material innovation alone cannot deliver environmental dividends unless matched by end-of-life systems. Municipal composting coverage remains patchy: only 7,300 US communities had curbside organics collection in 2024, while Germany's Bio-Tonne network spans nearly every household. Recognizing this gap, resin producers are co-investing in downstream assets. NatureWorks forged a partnership with GreenDot to build sorting lines that employ near-infrared scanners calibrated for PLA, achieving 92 tons per day throughput. In Japan, Showa Denko's Kawasaki plant now co-processes PHA and PBAT in its thermal recycling kilns, recovering monomers for re-polymerization and cutting incinerator ash by 4,000 tons annually. Policy again acts as catalyst. Italy's 2024 decree allows certified compostable bags to be sold at checkout, provided post-consumer streams feed anaerobic digestion plants. The resulting biogas offsets facility energy use, demonstrating circular carbon loops. Data transparency is improving, too: digital product passports, trialed under the EU's Ecodesign umbrella, track resin grade from pellet to end-of-life outcome, giving regulators the audit trail needed for differential fee structures. By embedding collection and processing capacity into expansion blueprints, the bioplastics market avoids the fragmentation that plagued conventional plastics recycling and, crucially, secures consumer trust in claimed sustainability benefits. Go Beyond the Numbers – Ask Questions in a Live Analyst Session: Forward Outlook Highlights Scenarios, Risks, And Innovation Hotspots Through 2030 Looking ahead, three intertwined forces will define the trajectory of the bioplastics market. First, large-scale biomass fractionation—exemplified by UPM's hardwood-to-FDCA campus—could unlock non-food lignocellulosic feedstocks exceeding 50 million dry-tons annually, establishing a resource base that dwarfs current needs. Second, molecular recycling pathways such as enzymatic depolymerization of PLA are projected to reach commercial status by 2027, enabling closed-loop systems with energy demands half those of virgin production and slashing scope-three emissions. Third, cross-industry collaboration is set to intensify; automotive, electronics, and medical devices increasingly share material platforms, creating unified volumes that improve economies of scale. Risks remain. Feedstock price spikes caused by climate-related crop failures could still ripple through supply chains, and public-perception challenges will arise if composting infrastructure lags behind product rollouts. Nevertheless, ongoing advances in catalytic efficiency, combined with stringent extended producer responsibility schemes, should keep momentum intact. Innovation hotspots to watch include seaweed-derived alginate polyesters, PDK resins capable of infinite depolymerization without quality loss, and bio-aromatic polyamides for high-temperature applications. With regulatory certainty solidifying and corporate demand locked into long-term purchasing agreements, the bioplastics market is positioned to transition from emerging alternative to mainstream materials platform, ushering in a new era of circular-economy competitiveness. Global Bioplastics Market Key Players: BASF SE Biome Technologies plc Braskem Corbion N.V. Danimer Scientific. E. I. du Pont de Nemours and Company Eastman Chemical Company Futerro SA Galactic M& G Chemicals Mitsubishi Chemical Holdings NatureWorks LLC Novamont S.p.A. Plantic PTT Global Chemical Public Company Ltd. Showa Denko K.K. Solvay SA Teijin Ltd. Toray Industries Toyota Tsusho Other Prominent Players Key Market Segmentation: By Type: Biodegradable Starch-based Polylactic Acid (PLA) Poly hydroxy alkanoates (PHA) Polyester (PBS, PBAT, and PCL) Other Biodegradable Plastics Non-biodegradable Bio-polyethylene Terephthalate (PET) Bio-Polyethylene Bio-Polyamides Bio-Polytrimethylene Terephthalate Other Non-Biodegradable Plastics By Mode of Application: Rigid Packaging Bottles & Jars Trays Others Flexible Packaging Pouches Shopping/Waste Bags Others Agriculture & Horticulture Consumer goods Textile Automotive & Transportation Building & Construction Others By Region: North America Europe Asia Pacific Middle East & Africa (MEA) South America Still Have Questions? Contact Us for Clarification or a Custom Data Request: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. 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Yahoo
04-07-2025
- Business
- Yahoo
Should bioplastics be counted as compost? Debate pits farmers against manufacturers
Greg Pryor began composting yard and food waste for San Francisco in 1996, and today he oversees nine industrial-sized composting sites in California and Oregon that turn discarded banana peels, coffee grounds, chicken bones and more into a dark, nutrient-rich soil that farmers covet for their fields and crops. His company, Recology, processes organic waste from cities and municipalities across the Bay Area, Central Valley, Northern California, Oregon and Washington — part of a growing movement to reduce greenhouse gas emissions by minimizing food waste in landfills. But, said Pryor, if bioplastic and compostable food packaging manufacturers' get their way, the whole system could collapse. At issue is a 2021 California law, known as Assembly Bill 1201, which requires that products labeled 'compostable' must actually break down into compost, not contaminate soil or crops with toxic chemicals, and be readily identifiable to both consumers and solid waste facilities. The law also stipulates that products carrying a "compostable" label must meet the U.S. Department of Agriculture's National Organic Program requirements, which only allow for plant and animal material in compost feedstock, and bar all synthetic substances and materials — plastics, bioplastics and most packaging materials — except for newspaper or other recycled paper without glossy or colored ink. The USDA is reviewing those requirements at the request of a compostable plastics and packaging industry trade group. Its ruling, expected this fall, could open the door for materials such as bioplastic cups, coffee pods and compostable plastic bags to be admitted into the organic compost waste stream. Amid pressure from the industry, the California Department of Resources Recycling and Recovery said it will await implementing its own rules on AB 1201 — originally set for Jan. 1, 2026 — until June 30, 2027, to incorporate the USDA guidelines, should there be a change. Pryor is concerned that a USDA ruling to allow certain plastic to be considered compost will contaminate his product, make it unsaleable to farmers, and undermine the purpose of composting — which is to improve soil and crop health. Plastics, microplastics and toxic chemicals can hurt and kill the microorganisms that make his compost healthy and valued. Research also shows these materials, chemicals and products can threaten the health of crops grown in them. And while research on new generation plastics made from plant and other organic fibers have more mixed findings — suggesting some fibers, in some circumstances, may not be harmful — Pryor said the farmers who buy his compost don't want any of it. They've told him they won't buy it if he accepts it in his feedstock. "If you ask farmers, hey, do you mind plastic in your compost? Every one of them will say no. Nobody wants it," he said. However, for manufacturers of next-generation, "compostable" food packaging products — such as bioplastic bags, cups and takeout containers made from corn, kelp or sugarcane fibers — those federal requirements present an existential threat to their industry. That's because California is moving toward a new waste management regime which, by 2032, will require all single-use plastic packaging products sold in the state to be either recyclable or compostable. If the products these companies have designed and manufactured for the sole purpose of being incorporated in the compost waste stream are excluded, they will be shut out of the huge California market. They say their products are biodegradable, contain minimal amounts of toxic chemicals and metals, and provide an alternative to the conventional plastics used to make chip bags, coffee pods and frozen food trays — and wind up in landfills, rivers and oceans. "As we move forward, not only are you capturing all this material ... such as coffee grounds, but there isn't really another packaging solution in terms of finding an end of life," for these products, said Alex Truelove, senior policy manager for the Biodegradable Product Institute, a trade organization for compostable packaging producers. "Even if you could recycle those little cups, which it seems like no one is willing to do ... it still requires someone to separate out and peel off the foil top and dump out the grounds. Imagine if you could just have a really thin covering or really thin packaging, and then you could just put it all in" the compost he said. "How much more likely would it be for people to participate?" Truelove and Rhodes Yepsen, the executive director of the bioplastic institute, also point to compost bin and can liners, noting that many people won't participate in separating out their food waste if they can't put it in a bag — the "yuck" factor. If you create a compostable bag, they say, more people will buy into the program. The institute — whose board members include or have included representatives from the chemical giant BASF Corp., polystyrene manufacturer Dart Container, Eastman Chemical Co. and PepsiCo — is lobbying the federal and state government to get its products into the compost stream. The institute also works as a certifying body, testing, validating and then certifying compostable packaging for composting facilities across the U.S. and Canada. In 2023, it petitioned the USDA to reconsider its exclusion of certain synthetic products, calling the current requirements outdated and "one of the biggest stumbling blocks" to efforts in states, such as California, that are trying to create a circular economy, in which products are designed and manufactured to be reused, recycled or composted. In response, the federal agency contracted the nonprofit Organics Material Review Institute to compile a report evaluating the research that's been conducted on these products' safety and compostability. The institute's report, released in April, highlighted a variety of concerns including the products' ability to fully biodegrade — potentially leaving microplastics in the soil — as well as their tendency to introduce forever chemicals, such as per- and polyfluoroalkyl substances (PFAS), and other toxic chemicals into the soil. "Roughly half of all bioplastics produced are non-biodegradable," the authors wrote. "To compensate for limitations inherent to bioplastic materials, such as brittleness and low gas barrier properties, bioplastics can contain additives such as synthetic polymers, fillers, and plasticizers. The specific types, amounts, and hazards of these chemicals in bioplastics are rarely disclosed." The report also notes that while some products may break down relatively efficiently in industrial composting facilities, when left out in the environment, they may not break down at all. What's more, converting to biodegradable plastics entirely could result in an increase in biodegradable waste in landfills — and with it emissions of methane, a powerful greenhouse gas, the authors wrote. Yepsen and Truelove say their organization won't certify any products in which PFAS — a chemical often used to line cups and paper to keep out moisture — was intentionally added, or which is found in levels above a certain threshold. And they require 90% biodegradation of the products they certify. Judith Enck, a former regional Environmental Protection Agency director, and the founder of Beyond Plastics, an anti-plastic waste environmental group based in Bennington, Vt., said the inclusion of compost as an end-life option for packaging in California's new waste management regime was a mistake. "What it did was to turn composting into a waste disposal strategy, not a soil health strategy," she said. "The whole point of composting is to improve soil health. But I think what's really driving this debate right now is consumer brand companies who just want the cheapest option to keep producing single-use packaging. And the chemical companies, because they want to keep selling chemicals for packaging and a lot of so-called biodegradable or compostable packaging contains those chemicals." Bob Shaffer, an agronomist and coffee farmer in Hawaii, said he's been watching these products for years, and won't put any of those materials in his compost. "Farmers are growing our food, and we're depending on them. And the soils they grow our crops in need care," he said. "I'll grow food for you, and I'll grow gorgeous food for you, but give us back the food stuff you're not using or eating, so we can compost it, return it to the soil, and make a beautiful crop for you. But be mindful of what you give back to us. We can't grow you beautiful food from plastic and toxic chemicals." Recology's Pryor said the food waste his company receives has increasingly become polluted with plastic. He pointed toward a pile of food waste at his company's composting site in the San Joaquin Valley town of Vernalis. The pile looked less like a heap of rotting and decaying food than a dirty mound of plastic bags, disposable coffee cups, empty, greasy chip bags and takeout boxes. "I've been doing this for more than three decades, and I can tell you the food we process hasn't changed over that time," he said. "Neither have the leaves, brush and yard clippings we bring in. The only thing that's changed? Plastics and biodegradable plastics." He said if the USDA and CalRecycle open the doors for these next-generation materials, the problem is just going to get worse. "People are already confused about what they can and can't put in," he said. "Opening the door for this stuff is jut going to open the floodgates. For all kinds of materials. It's a shame." This story originally appeared in Los Angeles Times.
Yahoo
03-07-2025
- Business
- Yahoo
Water-based Barrier Coatings Market worth $1.85 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., July 3, 2025 /PRNewswire/ -- The report 'Water-based Barrier Coatings Market by Component (Water, Filler, Binder, Additives), Barrier Type (Water Vapor, Oil/Grease), Substrate (Paper & Cardboard), End-use Industry (Food & Beverage Packaging), and Region - Global Forecast to 2030', water-based barrier coatings market was valued at USD 1.28 billion in 2024 and is projected to reach USD 1.85 billion by 2030, at a CAGR of 6.3% between 2025 and 2030. Browse in-depth TOC on 'Water-based Barrier Coatings Market'284 – Tables59 – Figures276 – Pages Download PDF Brochure: Water-based barrier coatings have gained prominence in the packaging industry due to their ability to facilitate recycling, enhance product protection, and extend the shelf life of food and goods. As packaging companies navigate stringent environmental regulations and strive to design recyclable and eco-friendly solutions, there is an increasing reliance on innovative coatings. Bioplastics have emerged as vital components of sustainable packaging, offering robust protection, adherence to food safety standards, and compatibility with recycling and composting processes. This shift is aligned with the global movement towards reducing plastic usage and adopting low-carbon materials in packaging, which fuels the demand for these advanced solutions. Many enterprises are integrating bio-based and high-performance water-based coatings into their packaging strategies in response to regulatory pressures and evolving consumer preferences. The drive to minimize pollution and transition to safer products is encouraging the adoption of water-based industrial processes worldwide. Consequently, the water-based barrier coatings market is projected to experience steady and significant growth throughout the forecast period. Oil/grease barrier type segment accounted for second-largest market share in terms of value in 2024. Water-based barrier coatings with oil and grease resistance represent the second-largest segment of the market, primarily driven by demand in the food packaging sector, particularly for fast food, baked goods, and ready-to-eat meals. These coatings effectively prevent oils and fats from permeating packaging materials, ensuring the integrity and cleanliness of the packages and preserving the products' aesthetic quality. In response to evolving consumer expectations and regulatory requirements for the safety and environmental sustainability of packaging for greasy or oily foods, manufacturers are increasingly adopting water-based coatings that safeguard the contents and comply with stringent standards. Furthermore, the growing demand for environmentally friendly and compostable packaging solutions has further accelerated the adoption of oil and grease-resistant water-based coatings across various markets. Request Sample Pages: Other substrates segment accounted for second-largest market share in terms of value in 2024. Water-based barrier coatings used in bioplastics, flexible films, metal foils, and molded fiber products (known as other substrates) played the largest role in sustaining the second-highest group in the market. Because of this, these substrates are picked to make products that are more shock-resistant, less sensitive to heat, or require higher levels of chemical or waterproofness than simple paper or cardboard can deliver. Many pharmaceutical, electronic, and cosmetics companies are now using these alternative materials for their packaging needs. Because people need recyclable materials, the coating industry is creating technologies that can be used on different types of things besides paper. Because companies want their products to be more environmentally friendly and sustainability regulations are getting tougher, water-based barrier coatings are increasing, and firms keep a significant share of the market. North America was third-largest regional market for water-based barrier coatings in 2024. In 2024, North America ranked third in the water-based barrier coating market, a position significantly supported by its robust packaging industry and effective government policies. The increasing consumer demand for recyclable packaging is driving a notable shift in food service packaging, retail food products, and e-commerce shipments in the US and Canada, prompting a transition to water-based coatings. This trend is further reinforced by environmental protection initiatives, with numerous states and provinces implementing bans on single-use plastics. Request Customization: Packaging manufacturers in the region are actively researching and developing green technologies and adopting water-based formulations to align with sustainability objectives set by leading brands and regulatory bodies, including the US Environmental Protection Agency (EPA) and Health Canada. While Europe and the Asia Pacific region exhibit higher demand, North America continues to experience consistent growth, fueled by innovative solutions, improved infrastructure, and an increasing customer preference for low-VOC, environmentally safe coatings across various sectors. The key players profiled in the report include ALTANA AG (Germany), BASF SE (Germany), H.B. Fuller Company (US), Kuraray Co., Ltd. (Japan), Michelman, Inc. (US), Imerys (France), Dow Inc. (US), Sonoco Products Company (US), Omya AG (Switzerland), Archroma (Switzerland), and among others. Get access to the latest updates on Water-based Barrier Coatings Companies and Water-based Barrier Coatings Market Size Browse Adjacent Market: Coatings Adhesives Sealants and Elastomers Market Research Reports & Consulting Related Reports: Barrier Films Market - Global Forecast to 2028 Barrier Resins Market - Global Forecast to 2026 Barrier Systems Market - Global Forecast to 2028 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets
Yahoo
02-07-2025
- Business
- Yahoo
CDMO Packaging Market Gains Momentum in Biologics & Personalized Medicine in 2025
According to industry experts at Towards Packaging, the global CDMO packaging market is expected to witness substantial growth during the forecast period from 2025 to 2034. The market is projected to expand at a robust CAGR, driven by increasing demand for outsourcing pharmaceutical packaging and rising regulatory complexities. Ottawa, July 02, 2025 (GLOBE NEWSWIRE) -- The global CDMO packaging market size is anticipated to expand significantly over the forecast period 2025 to 2034. A recent study conducted by Towards Packaging, affiliated with Precedence Research. The CDMO packaging market is driven by growing environmental concerns, government regulations, and shifting consumer preferences toward eco-friendly products. Brands are increasingly adopting biodegradable, recyclable, and reusable plastic solutions to meet sustainability goals and reduce carbon footprints. Innovation in materials such as bioplastics and post-consumer recycled plastics is enhancing performance and reducing waste. Stringent regulations, especially in Europe and North America, are accelerating industry transformation. The food and beverage, personal care, and healthcare sectors are major adopters due to rising demand for sustainable and safe packaging. Circular economy initiatives and corporate ESG commitments continue to support market expansion. Get All the Details in Our Solutions – Access Report Sample: What is CDMO Packaging? CDMO packaging refers to the packaging services provided by Contract Development and Manufacturing Organizations (CDMOs) for pharmaceutical, biotechnology, and healthcare companies. These services involve the design, development, and production of packaging for drugs and medical products, often as part of a broader outsourcing strategy. CDMO packaging can include primary packaging (e.g., blister packs, bottles, vials), secondary packaging (e.g., cartons, labels), specialized packaging (e.g., temperature-sensitive, child-resistant, or tamper-evident), and serialization and regulatory compliance support. It helps companies reduce costs, ensure quality, and accelerate time-to-market. What are the Major Trends in the CDMO Packaging Market? Smart and connected packaging Increasing use of serialization, RFID/NFC tags, QR codes, IoT sensors, and real-time monitoring to enhance traceability, patient safety, and anti-counterfeiting efforts. AI-driven automation and robotics CDMOs are deploying AI-powered robotic lines for high precision, efficient packaging, virtual prototyping, and quality assurance. Sustainability and eco-friendly materials Biodegradable, recyclable materials and energy-efficient processes are being adopted to meet ESG goals and regulatory pressure. Specialized formats for biologics and injectables Growth in pre-filled syringes, auto-injectors, and cold/cryogenic packaging reflects R&D in biologics, gene therapies, and self-administered treatments. Resilient, outsourced end-to-end packaging chains Pharma firms increasingly rely on CDMOs for integrated services—primary, secondary, labeling, cold chain, driven by cost constraints, supply chain risks, and the need for compliance. Digital printing and personalized packaging Variable-data printing, digital labelling, and customizable packaging support traceability and targeted engagement. Explore Strategic Figures & Forecasts – Access the Databook Now: What is the Potential Growth Rate of the CDMO Packaging? Rising Outsourcing by Pharma Companies Increasing pressure on pharmaceutical firms to reduce costs and improve speed-to-market is prompting greater reliance on CDMOs for specialized packaging services. Stringent Regulatory Requirements Growing compliance burdens around labeling, serialization, and tamper-evidence create opportunities for CDMOs offering expert regulatory support. Personalized and Small-Batch Medicines Growth in precision medicine and orphan drugs boosts the need for flexible, scalable, and customized packaging services. For instance, in June 2025, the Italian Medicines Agency released the 2025 Independent Research Call on Rare Diseases, which has a EUR 17,800,000 budget to support research on low-prevalence illnesses that frequently don't get a lot of commercial funding. This is an additional step in AIFA's mission to support autonomous scientific research and the creation of potent medication treatments, which will enhance the well-being and standard of living of people with rare diseases. About 8,000 recognized illnesses exist in Italy, compared to over 2 billion people, according to Uniamo Federazione Italiana Malattie Rare. There is only a treatment for 5% of them. Digital and Smart Packaging Technologies Integration of IoT, digital printing, and track-and-trace solutions enables CDMOs to offer value-added, tech-driven packaging solutions. Limitations and Challenges in the CDMO Packaging Market: Complex and Evolving Regulatory Requirements The key players operating in the market are facing issues due to complex and evolving regulatory requirements and data security, and intellectual property concerns, which are estimated to restrict the growth of the market in the near future. Frequent changes and variations in global pharmaceutical packaging regulations demand continuous compliance, which can slow operations and increase costs for CDMOs. Pharmaceutical companies may hesitate to outsource packaging due to fears of IP theft, data leaks, or confidentiality breaches, especially for high-value or innovative drugs. Regional Analysis: Who is the leader in CDMO packaging? North America dominates the CDMO packaging market due to its strong pharmaceutical and biotechnology industry, particularly in the U.S., where leading companies extensively outsource packaging to streamline operations and ensure regulatory compliance. The region's advanced healthcare infrastructure supports high drug consumption, clinical trials, and frequent new product launches, all of which drive demand for specialized contract packaging services. Strict regulatory standards set by agencies like the FDA and Health Canada require expert handling of serialization, labeling, and tamper-evident packaging, boosting reliance on experienced CDMOs. Additionally, the region leads in innovation for biologics, gene therapies, and personalized medicine, which necessitate complex and cold chain packaging solutions. North America is also home to several top-tier CDMOs equipped with cutting-edge technology, and high investment in automation, AI, and sustainable packaging further strengthens its market leadership. U.S. Market Trends The U.S. holds the largest share of the North American CDMO packaging market. This is driven by its robust pharmaceutical and biotechnology sectors, high R&D investments, and frequent new drug launches. The presence of major CDMOs and strict FDA regulatory requirements encourages pharmaceutical companies to outsource complex packaging tasks. Additionally, advancements in biologics and the growing demand for personalized medicine further boost the need for specialized and compliant packaging services. Canada Market Trends Canada's CDMO packaging market is growing steadily, supported by its strong regulatory framework through Health Canada and increasing pharmaceutical manufacturing activity. Canadian CDMOs are gaining importance due to their expertise in regulatory compliance and sustainable packaging solutions. Moreover, the country is witnessing a rise in clinical trials and biologics production, creating demand for cold chain and specialty packaging services. If there is anything you'd like to ask, feel free to get in touch with us @ sales@ How is the Opportunistic Rise of the Asia Pacific in the CDMO Packaging Market? The Asia Pacific region is the fastest-growing in the CDMO packaging market due to a combination of economic, industrial, and healthcare-driven factors. Countries like India and China offer cost-effective manufacturing and packaging services, attracting global pharmaceutical companies aiming to reduce operational costs. The region's rapidly expanding pharmaceutical industry, particularly in generics and biosimilars, is fueling demand for outsourced packaging. Rising foreign investments and strategic partnerships are enhancing local CDMO capabilities, while regulatory frameworks are increasingly aligning with international standards, boosting global confidence. Additionally, the growing production of biologics, vaccines, and injectables has created a need for advanced packaging, including cold chain solutions. A large patient population, aging demographics, and increasing healthcare access further contribute to packaging demand. Asia Pacific CDMOs are also embracing smart technologies, serialization, and sustainable packaging materials, positioning the region as a key growth engine in the global CDMO packaging landscape. China Market Trends China is a major driver of growth in the region, supported by its vast pharmaceutical manufacturing base, growing biologics sector, and strong government support for healthcare innovation. Regulatory reforms aligning with global standards have made Chinese CDMOs more attractive to international clients. Additionally, China's focus on advanced technologies like automation, serialization, and sustainable packaging strengthens its competitive edge in contract packaging. India Market Trends India is a leading player in generic drug production and offers significant cost advantages in pharmaceutical packaging services. Its strong base of FDA-approved facilities and a large pool of skilled professionals make it a preferred outsourcing destination. Indian CDMOs are rapidly expanding their packaging capabilities, including for injectables, solid dosage forms, and temperature-sensitive products, to cater to both domestic and global markets. Japan Market Trends Japan's CDMO packaging market is mature and technologically advanced, with a focus on high-quality, precision packaging for complex therapies. The aging population and increasing demand for biologics and personalized medicine are driving outsourcing to specialized CDMOs. Regulatory compliance, innovation in smart packaging, and a preference for automation position Japan as a premium provider in the region. How Big is the Success of the European CDMO Packaging Market? Europe is experiencing notable growth in the CDMO packaging market due to its well-established pharmaceutical and biotechnology ecosystem, which generates steady demand for outsourced packaging services. The region's stringent regulatory framework, governed by agencies like the European Medicines Agency (EMA), compels pharmaceutical companies to rely on CDMOs with proven compliance and serialization capabilities. Additionally, Europe's strong focus on sustainability, driven by EU regulations, is prompting innovation in eco-friendly packaging materials. The rising demand for biologics, biosimilars, and personalized therapies is further fueling the need for advanced packaging formats such as pre-filled syringes and cold chain solutions. European CDMOs are also investing heavily in automation, digital printing, and AI-based technologies to enhance efficiency and meet complex customer needs. Moreover, the region's robust clinical research landscape supports growing demand for clinical trial packaging, particularly small-batch and flexible solutions. Join now to access the latest packaging in industry segmentation insights with our Annual Membership: The expansion of pharmaceutical activities in emerging Eastern European markets, supported by cost advantages and regulatory harmonization, adds to the region's overall growth momentum in the global CDMO packaging market. How Crucial is the Role of Latin America in CDMO Packaging? Latin America is growing at a considerable rate in the CDMO packaging market due to a combination of cost advantages, expanding pharmaceutical production, and improving healthcare infrastructure. The region offers lower operational and labor costs, making it an attractive destination for global pharmaceutical companies seeking cost-effective packaging solutions. Growing domestic demand for medicines driven by a rising middle-class population, aging demographics, and increasing access to healthcare is boosting local drug manufacturing and, in turn, demand for CDMO services. Regulatory environments in countries like Brazil and Mexico are becoming more aligned with international standards, enhancing trust in the region's compliance and export capabilities. There is also a surge in generic drug production, creating strong demand for large-volume, efficient, and affordable packaging solutions. Latin American CDMOs are increasingly investing in modernization and automation, including serialization and tamper-evident packaging, to meet global expectations. Overall, the region's evolving pharmaceutical ecosystem and economic competitiveness position it for sustained growth in the CDMO packaging sector. Mexico Market Trends Mexico is emerging as a cost-effective hub for pharmaceutical packaging outsourcing. Its strategic location, proximity to the U.S. market, and participation in trade agreements like USMCA make it attractive for global pharmaceutical companies. The growing domestic pharma sector and improving healthcare infrastructure also contribute to the expansion of CDMO packaging services in the country. How does the Middle East and Africa lead the CDMO Packaging Market? The Middle East and Africa (MEA) is growing at one of the fastest rates in the CDMO packaging market due to several emerging factors. First, there is increasing investment in healthcare infrastructure and pharmaceutical manufacturing, particularly in countries like Saudi Arabia, the UAE, Egypt, and South Africa. Governments are promoting local drug production to reduce dependence on imports, which drives demand for contract packaging services. Additionally, the region's growing population and rising prevalence of chronic diseases are leading to higher consumption of pharmaceutical products, accelerating the need for scalable and compliant packaging solutions. Cost advantages and the availability of a growing skilled workforce also make the Middle East region an attractive outsourcing destination for international pharmaceutical companies. Further, regulatory improvements and alignment with international standards are enhancing trust in the region's CDMO capabilities. CDMOs are increasingly adopting modern technologies, such as serialization, cold chain packaging, and tamper-evident features, to meet both local and export market demands. Together, these factors contribute to MEA's rapid growth and emerging importance in the global CDMO packaging landscape. More Insights of Towards Packaging: Plastic Bottles and Containers Market - The plastic bottles and containers market is set to grow from USD 42.1 billion in 2025 to USD 59.6 billion by 2034, with an expected CAGR of 3.94%. Glass Container Market AI and Smart Manufacturing - The glass container market is forecast to grow from USD 65.23 billion in 2025 to USD 88.11 billion by 2034, driven by a CAGR of 3.4% from 2025 to 2034. Premium Packing Material Market - A revenue surge in the premium packing material market is on the horizon, with growth expected to reach hundreds of millions by 2034. Sustainable Foodservice Packaging Market - The global sustainable foodservice packaging market size is estimated to reach USD 117.2 billion by 2034, up from USD 63.21 billion in 2024. Medical Packaging Films Market Trends - The medical packaging films market is forecasted to expand from USD 9.36 billion in 2025 to USD 17.65 billion by 2034, growing at a CAGR of 7.3% from 2025 to 2034. Biologics Drug Packaging Market - The global biologics drug packaging market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034. U.S. 503B Compounding Pharmacy Packaging Market - The U.S. 503B compounding pharmacy packaging market is accelerating, with forecasts predicting hundreds of millions in revenue growth between 2025 and 2034. Polycarbonate Sheet Market Trends - The polycarbonate sheet market is anticipated to grow from USD 2.27 billion in 2025 to USD 3.56 billion by 2034, with a compound annual growth rate (CAGR) of 5.15%. U.S. 503A Compounding Pharmacy Packaging Market - The U.S. 503A compounding pharmacy packaging market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034. Segment Outlook Type Insights Secondary packaging is the dominant type segment in the CDMO packaging market due to its critical role in regulatory compliance, product protection, and branding. With increasing global regulations related to serialization, barcoding, and tamper-evident packaging, pharmaceutical companies rely heavily on CDMOs to ensure that secondary packaging meets strict compliance standards. It also provides space for essential patient information, branding, and multilingual labeling, which are crucial for safety and market differentiation. Secondary packaging supports efficient logistics by grouping primary units and offering added protection during transport and storage, especially for sensitive products like biologics. The rise in biologics, combination therapies, and clinical trials has further increased the demand for customized labeling, kitting, and flexible packaging solutions. Additionally, outsourcing secondary packaging enables pharmaceutical companies to reduce operational burdens and improve cost efficiency, especially for small-batch and variable production needs. These combined factors make secondary packaging a vital and growing area within CDMO services. The primary packaging segment is growing at the fastest rate in the CDMO packaging market due to the increasing demand for biologics, vaccines, and injectables, which require sterile and high-integrity packaging formats such as vials, pre-filled syringes, and ampoules. As sensitive formulations become more common, especially in oncology and biotechnology, the need for contamination-free and high-quality primary packaging has surged. Strict regulatory standards imposed by global health authorities have further driven pharmaceutical companies to outsource primary packaging to specialized CDMOs with the necessary expertise and infrastructure. Additionally, the rise in self-administered drug delivery systems, including auto-injectors and single-dose containers, is boosting the demand for user-friendly and precise packaging solutions. The expansion of personalized and small-batch therapies also supports the need for flexible and accurate filling and packaging capabilities. Technological advancements in materials, barrier properties, and smart features are enhancing the functionality of primary packaging, contributing to its rapid growth within the CDMO market. Application Insights The biopharmaceutical industry is the dominant application segment in the CDMO packaging market due to the complex and sensitive nature of biologic-based drug formulations, such as biologics, biosimilars, and cell and gene therapies. These products require highly specialized packaging to ensure sterility, stability, and efficacy. The increasing demand for cold chain and sterile packaging solutions, particularly for temperature-sensitive injectables, has led biopharmaceutical companies to rely on CDMOs equipped with advanced technologies and infrastructure. Additionally, the rapid global growth of biologics and injectables fuels the need for packaging formats like vials, pre-filled syringes, and auto-injectors. Given the strict regulatory requirements surrounding labeling, serialization, and tamper-evidence, CDMOs provide essential expertise to ensure compliance. Moreover, outsourcing packaging allows biopharma companies to focus on research and innovation while benefiting from the scalability and efficiency of CDMO services. The growing focus on personalized medicine and clinical trials also increases demand for flexible and secure packaging solutions, further reinforcing the dominance of the biopharmaceutical sector in the CDMO packaging market. The pharmaceutical industry segment is growing at the fastest rate in the CDMO packaging market due to the increasing demand for generic and over-the-counter (OTC) drugs, which require high-volume and cost-efficient packaging solutions. To optimize resources and focus on core activities like drug discovery and clinical development, pharmaceutical companies are increasingly outsourcing packaging operations to CDMOs. The rising complexity of global regulatory requirements, particularly in serialization, labeling, and tamper-evident features, further drives the need for expert CDMO services. Additionally, expanding pharmaceutical markets in emerging economies across Asia, Latin America, and Africa are generating significant demand for localized and scalable packaging solutions. The industry's need for faster speed-to-market and greater operational flexibility is also pushing pharma companies toward CDMOs that offer advanced packaging technologies and agile supply chains. With the growing adoption of smart, automated, and sustainable packaging, CDMOs are becoming essential partners for pharmaceutical firms aiming to meet both compliance and innovation goals, thereby fueling this segment's rapid growth. Elevate your packaging strategy with Towards Packaging. Enhance efficiency and achieve superior results - schedule a call today: Breakthroughs in the Global CDMO Packaging Market: In March 2025, Shilpa Medicare, a company based in India, is announcing the launch of a new full-service 'hybrid' contract development and manufacturing organization (CDMO) during the Drug, Chemical and Associated Technologies Association (DAT) Week 2025, which took place in New York City from March 17-20, 2025. In April 2025, Ajinomoto Althea, Inc., a U.S.-based sterile fill-finish CDMO and a 100% subsidiary of Japan-based Ajinomoto Co., Inc. PCI Pharma Services ('PCI'), a prominent international contract development and manufacturing organization (CDMO) specializing in cutting-edge biopharma therapies, is purchasing a full equity stake in the company. The acquisition, which was expected to be completed in May 2025, will give PCI its first and only North American manufacturing facility for prefilled syringes and cartridges, complete with isolator technology for these formats, as well as highly potent manufacturing that can produce antibody-drug conjugates (ADCs). Global CDMO Packaging Market Key Players West Pharmaceutical Services Inc. ZOIC BIOTECH PVT LTD Gracure Pharmaceutical Limited MJS Packaging Pharma Packaging Solutions (PPS) Schott AG Sonic Packaging Industries Westrock Company Adare Pharma Solutions, Inc. Amcor plc Ameripac Becton, Dickinson and Co. Catalent Pharma Solutions CCL Industries, Inc. Innovexia Life Sciences Pvt. Ltd. Pharma Cure Laboratories Sharp Corporation Unicep Packaging AptarGroup, Inc. Assemblies Unlimited Inc. Biophar Lifesciences Pvt. Ltd. Co-Pak Packaging Corporation Constantia Flexibles Daito Pharmaceutical Cavanna Packaging Group Loesch Verpackungstechnik GmbH Theegarten-Pactec Bradman Lake Group FUJI MACHINERY CO., LTD. Tecno Pack Spa CDMO Packaging Market Segments By Type Primary Packaging Secondary Packaging By Application Pharmaceutical Industry Biopharmaceutical Industry By Region North America U.S. Canada Europe Germany UK France Italy Spain Sweden Denmark Norway Asia Pacific China Japan India South Korea Thailand Latin America Brazil Mexico Argentina South Africa Middle East and Africa (MEA) UAE Saudi Arabia Kuwait Invest in Premium Global Insights @ If you have any questions, please feel free to contact us at sales@ About Us Towards Packaging is a leading global consulting firm specializing in providing comprehensive and strategic research solutions. With a highly skilled and experienced consultant team, we offer a wide range of services designed to empower businesses with valuable insights and actionable recommendations. We stay abreast of the latest industry trends and emerging markets to provide our clients with an unrivalled understanding of their respective sectors. We adhere to rigorous research methodologies, combining primary and secondary research to ensure accuracy and reliability. Our data-driven approach and advanced analytics enable us to unearth actionable insights and make informed recommendations. We are committed to delivering excellence in all our endeavours. Our dedication to quality and continuous improvement has earned us the trust and loyalty of clients worldwide. 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Eni & Its Plastics Unit Novamont Face 32M Euro Market Abuse Fine
Italy's competition watchdog has slapped energy giant Eni S.p.A E and its bioplastics unit, Novamont, with fines exceeding €32 million for abusing a dominant market position in the production of plastic bags, according to a Reuters report. Per the report, the Italian Antitrust Authority announced the penalties on Tuesday following a probe into Novamont's business conduct. The regulator found that between Jan. 1, 2018, and Dec. 31, 2023, Novamont was engaged in exclusionary practices aimed at sidelining competitors in the domestic markets for raw materials used in producing light and ultra-light bags for fruit and vegetables. While Eni received a fine of €1.7 million, Novamont — majority owned by Eni until recently —was hit with penalties totaling €30.4 million. In response to the ruling, Novamont said that it firmly disagrees with the decision and plans to challenge the findings in court. The company stated it had clearly demonstrated that its business conduct was fair and focused on safeguarding innovation, quality and value in the Italian market. Novamont added that it would assert its rights through judicial proceedings, defending its commercial strategy as one grounded in protecting product quality and environmental integrity. The ruling highlights increasing scrutiny of competition practices within Italy's bioplastics and sustainability-driven packaging sectors. As environmental regulations tighten across Europe, companies like Novamont have found themselves at the intersection of innovation and regulatory oversight. Eni has not issued a separate comment on the decision yet. E currently carries a Zack Rank #4 (Sell). Investors interested in the energy sector may look at a few better-ranked stocks like Subsea 7 S.A. SUBCY, W&T Offshore, Inc. WTI and Oceaneering International, Inc. OII. Subsea 7 presently sports a Zacks Rank #1 (Strong Buy), while W&T Offshore and Oceaneering International carry a Zacks Rank #2 (Buy) each. You can see the complete list of today's Zacks #1 Rank stocks here. Subsea 7 helps build underwater oil and gas fields. It is a top player in the Oil and Gas Equipment and Services market, which is expected to grow as oil and gas production moves further offshore. The Zacks Consensus Estimate for SUBCY's 2025 EPS is pegged at $1.31. The company has a Value Score of A. W&T Offshore benefits from its prolific Gulf of America assets, which offer low decline rates, strong permeability, and significant untapped reserves. The company's acquisition of six shallow-water fields in the GoA added 18.7 million barrels of proved reserves and 60.6 million barrels of proved plus probable reserves. The firm is focused on strategically allocating capital toward organic projects, which should boost its production outlook. WTI has a Value Score of B. Oceaneering International delivers integrated technology solutions across all stages of the offshore oilfield lifecycle. With a geographically diverse asset portfolio and a balanced revenue mix between domestic and international operations, the company effectively mitigates risk. As a leading provider of offshore equipment and technology solutions to the energy sector, OII benefits from strong relationships with top-tier customers, ensuring revenue visibility and business stability. The Zacks Consensus Estimate for OII's 2025 EPS is pegged at $1.79. The company has a Value Score of B. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Eni SpA (E) : Free Stock Analysis Report W&T Offshore, Inc. (WTI) : Free Stock Analysis Report Oceaneering International, Inc. (OII) : Free Stock Analysis Report Subsea 7 SA (SUBCY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
