Biodegradable Plastics Market : Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Biodegradable Plastics Market: By Product (PLA, PHA, PBS, PBAT, Starch Based, Polycaprolactone, others), By Application (Packaging, Consumer Goods, Textiles, Agriculture & Horticulture, Others), and Geography

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SKU: N/A Categories: Chemicals & Materials, Packaging

Description
Table Of Content
Company Profile

Report

Description

Biodegradable Plastics Market size was valued at USD 2.76 billion in 2021 and is expected to reach USD 8.42 billion by 2028, at a CAGR of 19.2% during the forecast period 2022-2028. Factors such as customers shifting preferences towards eco-friendly plastic products, rising demand for biodegradable plastics in agricultural and packaging sectors are fuelling the growth of the market. However, high cost of biodegradable plastics compared to that of conventional plastics and lack of technology are restricting the market growth. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

Biodegradable Plastics Market

MARKET SUMMARY

19.2% CAGR

Study Period– 2022 – 2028
Base Year– 2021
CAGR– 19.2%
Largest Market– Europe
Fastest Growing Market– Asia-Pacific

Biodegradable Plastics Market

The report on global biodegradable plastics market gives historical, current and future market sizes (US$ Bn) based on type, application, end user and region.
biodegradable plastics market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key stakeholders of the global biodegradable plastics market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global biodegradable plastics products.

Key Players

BASF SE
Natureworks
Total Corbion PLA
Toray Industries
Plantic Technologies

Biodegradable Plastics Market

Drivers And Restraints

Governments prohibiting the use of single-use plastic among public regarding ill-effects of plastic waste is stimulating market growth. The stringent regulations by various governments and federal agencies with an objective to reduce plastic waste and promote biodegradable plastics usage in packaging are boosting the demand of this market. The regulations related to green packaging is increasing. As a result, various FMCG companies are required to adopt biodegradable packaging to comply with the standards, which in turn, is propelling the growth of this market.

Asia-Pacific got significant share

Biodegradable Plastics Market

Asia Pacific accounted for larger revenue share in global Biodegradable Plastics market with considerable CAGR. XX. Asia Pacific witnessed steady growth in the market and the growth of this region is due to increasing disposable income of the people, easy accessibility of raw materials used to manufacture biodegradable plastics and India and China being the most promising economies in the world.

Latin-America

North-America

Europe

Asia-Pacific

Middle East

Key

Features of the Report

The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments and startup’s details that are actively working in the market
The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Biodegradable Plastics Market Segmentation

By Type

PBAT
PBS
PHA
Starch Based
PLA
Others

By End-User

Packaging
Consumer Durables
Agriculture
Others

Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Report

Table Of Content

1. Executive Summary

2. Biodegradable Plastics Market Introduction

2.1. Biodegradable Plastics Market – Taxonomy

2.2. Biodegradable Plastics Market –Definitions

2.2.1. By Product

2.2.2. By Application

3. Biodegradable Plastics Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Biodegradable Plastics Market Dynamic Factors – Impact Analysis

3.6. Biodegradable Plastics Market – Competition Landscape

4. Biodegradable Plastics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028

4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

5. Biodegradable Plastics Market, By Product, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.1. PLA

5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. PHA

5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. PBS

5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

5.4. PBAT

5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.4.3. Market Opportunity Analysis

5.5. Starch Based

5.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.5.3. Market Opportunity Analysis

5.6. Polycaprolactone

5.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.6.3. Market Opportunity Analysis

5.7. others

5.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.7.3. Market Opportunity Analysis

6. Biodegradable Plastics Market Forecast, By Application, 2017 – 2021 and Forecast, 2022 – 2028

6.1. Packaging

6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Consumer Goods

6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Textiles

6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

6.4. Agriculture & Horticulture

6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.4.3. Market Opportunity Analysis

6.5. Others

6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.5.3. Market Opportunity Analysis

7. Biodegradable Plastics Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

7.1. Indonesia

7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Philippines

7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Singapore

7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

7.4. Thailand & Vietnam

7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

7.5. Malaysia

7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.5.3. Market Opportunity Analysis

7.6. Rest of SEA

7.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.6.3. Market Opportunity Analysis

7.7. Biodegradable Plastics Market – Opportunity Analysis Index, By Product, Application, and Country, 2022 – 2028

8. Indonesia Biodegradable Plastics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

8.1. By Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

8.1.1. PLA

8.1.2. PHA

8.1.3. PBS

8.1.4. PBAT

8.1.5. Starch Based

8.1.6. Polycaprolactone

8.1.7. others

8.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

8.2.1. Packaging

8.2.2. Consumer Goods

8.2.3. Textiles

8.2.4. Agriculture & Horticulture

8.2.5. Others

8.3. Indonesia Biodegradable Plastics Market – Opportunity Analysis Index, By Product and Application, 2022 – 2028

8.4. Indonesia Biodegradable Plastics Market Dynamics – Trends

9. Philippines Biodegradable Plastics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

9.1. By Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. PLA

9.1.2. PHA

9.1.3. PBS

9.1.4. PBAT

9.1.5. Starch Based

9.1.6. Polycaprolactone

9.1.7. others

9.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.2.1. Packaging

9.2.2. Consumer Goods

9.2.3. Textiles

9.2.4. Agriculture & Horticulture

9.2.5. Others

9.3. Philippines Biodegradable Plastics Market – Opportunity Analysis Index, By Product and Application, 2022 – 2028

9.4. Philippines Biodegradable Plastics Market Dynamics – Trends

10. Singapore Biodegradable Plastics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

10.1. By Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. PLA

10.1.2. PHA

10.1.3. PBS

10.1.4. PBAT

10.1.5. Starch Based

10.1.6. Polycaprolactone

10.1.7. others

10.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.2.1. Packaging

10.2.2. Consumer Goods

10.2.3. Textiles

10.2.4. Agriculture & Horticulture

10.2.5. Others

10.3. Singapore Biodegradable Plastics Market – Opportunity Analysis Index, By Product and Application, 2022 – 2028

10.4. Singapore Biodegradable Plastics Market Dynamics – Trends

11. THAILAND & VIETNAM Biodegradable Plastics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

11.1. By Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. PLA

11.1.2. PHA

11.1.3. PBS

11.1.4. PBAT

11.1.5. Starch Based

11.1.6. Polycaprolactone

11.1.7. others

11.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.2.1. Packaging

11.2.2. Consumer Goods

11.2.3. Textiles

11.2.4. Agriculture & Horticulture

11.2.5. Others

11.3. THAILAND & VIETNAM Biodegradable Plastics Market – Opportunity Analysis Index, By Product and Application, 2022 – 2028

11.4. THAILAND & VIETNAM Biodegradable Plastics Market Dynamics – Trends

12. Malaysia Biodegradable Plastics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

12.1. By Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.1.1. PLA

12.1.2. PHA

12.1.3. PBS

12.1.4. PBAT

12.1.5. Starch Based

12.1.6. Polycaprolactone

12.1.7. others

12.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.2.1. Packaging

12.2.2. Consumer Goods

12.2.3. Textiles

12.2.4. Agriculture & Horticulture

12.2.5. Others

12.3. Malaysia Biodegradable Plastics Market – Opportunity Analysis Index, By Product and Application, 2022 – 2028

12.4. Malaysia Biodegradable Plastics Market Dynamics – Trends

13. Rest of SEA Biodegradable Plastics Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

13.1. By Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

13.1.1. PLA

13.1.2. PHA

13.1.3. PBS

13.1.4. PBAT

13.1.5. Starch Based

13.1.6. Polycaprolactone

13.1.7. others

13.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

13.2.1. Packaging

13.2.2. Consumer Goods

13.2.3. Textiles

13.2.4. Agriculture & Horticulture

13.2.5. Others

13.3. Rest of SEA Biodegradable Plastics Market – Opportunity Analysis Index, By Product and Application, 2022 – 2028

13.4. Rest of SEA Biodegradable Plastics Market Dynamics – Trends

14. Competition Landscape

14.1. Strategic Dashboard of Top Market Players

14.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

14.2.1. NatureWorks

14.2.2. BASF SE

14.2.3. Total Corbion PLA

14.2.4. Mitsubishi Chemical Corporation

14.2.5. Biome Bioplastics

14.2.6. Bio-On

14.2.7. Novamont S.P.A

14.2.8. Plantic Technologies

14.2.9. Danimer Scientific

14.2.10. Toray Industries

15. Research Methodology

16. Key Assumptions and Acronyms

Description

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Biodegradable Plastics Market : Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

Description

Biodegradable Plastics Market

Drivers And Restraints

Biodegradable Plastics Market

Features of the Report

By Type

By End-User

GEOGRAPHY

Frequently Asked Questions

Table Of Content

Company Profile

Description

Product categories

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