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

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Global Biodegradable Plastics Market: By Type (PBAT, PBS, PHA, Starch Based, PLA and Others), By End User (Packaging, Consumer Durables, Agriculture and Others), and Geography

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SKU: N/A Categories: Chemicals & Materials, Packaging Tag: Biodegradable Plastics Market

Description
Table Of Content
Company Profile

Report

Description

The global biodegradable plastics market size valued USD 2.76 billion in 2021 and 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

Key Findings of the Report

Global market expanding at significant CAGR over 2022 to 2028 owing to growing usage of biodegradable plastics in agricultural and packaging sectors.
Based on type, PLA segment accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
Players focusing on innovation of newer products and collaboration strategies to retain market position in global biodegradable plastics market

Key

Key Features of the Report

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

Table of Content

Executive Summary
Global Biodegradable Plastics Market Introduction
- Global Biodegradable Plastics Market – Taxonomy
- Global Biodegradable Plastics Market –Definitions
  - Type
  - End User

Global Biodegradable Plastics Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Biodegradable Plastics Market Dynamic Factors – Impact Analysis
- Global Biodegradable Plastics Market – Competition Landscape
Global Biodegradable Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
- Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
Global Biodegradable Plastics Market, By Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Polybutylene Adipate Terephthalate (PBAT)
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Polybutylene Succinate (PBS)
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Polyhydroxyalkanoates (PHAs)
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Starch Based
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Polylactic Acid (PLA)
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Others
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Biodegradable Plastics Market, By End User, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Packaging
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Consumer Durables
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Agriculture
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Others
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Biodegradable Plastics Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- North America
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Europe
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Asia-Pacific
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Latin America
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Middle East and Africa
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Global Biodegradable Plastics Market – Opportunity Analysis Index, By Type, End User, and Region, 2020 – 2026
North America Biodegradable Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Polybutylene Adipate Terephthalate (PBAT)
  - Polybutylene Succinate (PBS)
  - Polyhydroxyalkanoates (PHAs)
  - Starch Based
  - Polylactic Acid (PLA)
  - Others
- End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Packaging
  - Consumer Durables
  - Agriculture
  - Others
- Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - US
  - Canada
- North America Biodegradable Plastics Market – Opportunity Analysis Index, By Type, End User, and Region, 2020 – 2026
- North America Biodegradable Plastics Market Dynamics – Trends
Europe Biodegradable Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Polybutylene Adipate Terephthalate (PBAT)
  - Polybutylene Succinate (PBS)
  - Polyhydroxyalkanoates (PHAs)
  - Starch Based
  - Polylactic Acid (PLA)
  - Others
- End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Packaging
  - Consumer Durables
  - Agriculture
  - Others
- Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Germany
  - UK
  - France
  - Spain
  - Italy
  - Russia
  - Poland
  - Rest of Europe
- Europe Biodegradable Plastics Market – Opportunity Analysis Index, By Type, End User, and Region, 2020 – 2026
- Europe Biodegradable Plastics Market Dynamics – Trends
Asia-Pacific Biodegradable Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Polybutylene Adipate Terephthalate (PBAT)
  - Polybutylene Succinate (PBS)
  - Polyhydroxyalkanoates (PHAs)
  - Starch Based
  - Polylactic Acid (PLA)
  - Others
- End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Packaging
  - Consumer Durables
  - Agriculture
  - Others
- Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Japan
  - China
  - India
  - ASEAN
  - Australia & New Zealand
  - Rest of Asia-Pacific
- Asia-Pacific Biodegradable Plastics Market – Opportunity Analysis Index, By Type, End User, and Region, 2020 – 2026
- Asia-Pacific Biodegradable Plastics Market Dynamics – Trends
Latin America Biodegradable Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Polybutylene Adipate Terephthalate (PBAT)
  - Polybutylene Succinate (PBS)
  - Polyhydroxyalkanoates (PHAs)
  - Starch Based
  - Polylactic Acid (PLA)
  - Others
- End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Packaging
  - Consumer Durables
  - Agriculture
  - Others
- Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Brazil
  - Mexico
  - Argentina
  - Rest of Latin America
- Latin America Biodegradable Plastics Market – Opportunity Analysis Index, By Type, End User, and Region, 2020 – 2026
- Latin America Biodegradable Plastics Market Dynamics – Trends
Middle East and Africa Biodegradable Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Polybutylene Adipate Terephthalate (PBAT)
  - Polybutylene Succinate (PBS)
  - Polyhydroxyalkanoates (PHAs)
  - Starch Based
  - Polylactic Acid (PLA)
  - Others
- End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Packaging
  - Consumer Durables
  - Agriculture
  - Others
- Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Gulf Cooperation Council (GCC) Countries
  - Israel
  - South Africa
  - Rest of MEA
- MEA Biodegradable Plastics Market – Opportunity Analysis Index, By Type, End User, Instrument Portability, End User and Region, 2020 – 2026
- MEA Biodegradable Plastics Market Dynamics – Trends
Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Instrument Portability & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
  - BASF SE
  - Natureworks
  - Total Corbion PLA
  - Toray Industries
  - Plantic Technologies
  - Novamont S.P.A.
  - Mitsubishi Chemical Corporation
  - Danimer Scientific
  - Bio-On
  - Biome Bioplastics
Research Methodology
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

Key Findings of the Report

Key Features of the Report

By Type

By End-User

GEOGRAPHY

Frequently Asked Questions

Table Of Content

Company Profile

Description

Product categories

Our Clients

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