Global Biodegradable Plastic Market Growth 2024-2030

Publication ID:

LPI12247436

Publication Date:

December 24, 2024

Pages:

115

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Chemicals) [2]

Chemicals [3]

Description:

The global Biodegradable Plastic market size was valued at US$ 2878.1 million in 2023. With growing demand in downstream market, the Biodegradable Plastic is forecast to a readjusted size of US$ 5234.8 million by 2030 with a CAGR of 8.9% during review period.
The research report highlights the growth potential of the global Biodegradable Plastic market. Biodegradable Plastic are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Biodegradable Plastic. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Biodegradable Plastic market.
Biodegradable plastics are defined as plastics that undergo decomposition in a specified period of time under composting conditions in industrial facilities.
Biodegradable plastics are increasingly gaining popularity over the past decade. They are used in various applications, most importantly in packaging application. The biodegradable plastics market still accounts for less than 1% of the overall plastics market, but, with growing consumption, this trend is expected to change in the near future.
Key Features:
The report on Biodegradable Plastic market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Biodegradable Plastic market. It may include historical data, market segmentation by Type (e.g., Polylactic Acid (PLA), Polybutylene Succinate (PBS)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Biodegradable Plastic market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Biodegradable Plastic market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Biodegradable Plastic industry. This include advancements in Biodegradable Plastic technology, Biodegradable Plastic new entrants, Biodegradable Plastic new investment, and other innovations that are shaping the future of Biodegradable Plastic.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Biodegradable Plastic market. It includes factors influencing customer ' purchasing decisions, preferences for Biodegradable Plastic product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Biodegradable Plastic market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Biodegradable Plastic market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Biodegradable Plastic market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Biodegradable Plastic industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Biodegradable Plastic market.
Market Segmentation:
Biodegradable Plastic market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Polylactic Acid (PLA)
Polybutylene Succinate (PBS)
Polyhydroxyalkanoates (PHA)
Cellulose Derivatives
Others
Segmentation by application
Packaging
Textiles
Automotive
Agriculture
Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Mitsubishi Chemical
Kuraray
Corbion
Metabolix
NatureWorks
Biome Technologies
Bio-On SpA
Meredian Holdings Group
Tianan Biologic Materials
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biodegradable Plastic market?
What factors are driving Biodegradable Plastic market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biodegradable Plastic market opportunities vary by end market size?
How does Biodegradable Plastic break out type, application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Biodegradable Plastic Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Biodegradable Plastic by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Biodegradable Plastic by Country/Region, 2019, 2023 & 2030
2.2 Biodegradable Plastic Segment by Type
2.2.1 Polylactic Acid (PLA)
2.2.2 Polybutylene Succinate (PBS)
2.2.3 Polyhydroxyalkanoates (PHA)
2.2.4 Cellulose Derivatives
2.2.5 Others
2.3 Biodegradable Plastic Sales by Type
2.3.1 Global Biodegradable Plastic Sales Market Share by Type (2019-2024)
2.3.2 Global Biodegradable Plastic Revenue and Market Share by Type (2019-2024)
2.3.3 Global Biodegradable Plastic Sale Price by Type (2019-2024)
2.4 Biodegradable Plastic Segment by Application
2.4.1 Packaging
2.4.2 Textiles
2.4.3 Automotive
2.4.4 Agriculture
2.4.5 Construction
2.4.6 Others
2.5 Biodegradable Plastic Sales by Application
2.5.1 Global Biodegradable Plastic Sale Market Share by Application (2019-2024)
2.5.2 Global Biodegradable Plastic Revenue and Market Share by Application (2019-2024)
2.5.3 Global Biodegradable Plastic Sale Price by Application (2019-2024)
3 Global Biodegradable Plastic by Company
3.1 Global Biodegradable Plastic Breakdown Data by Company
3.1.1 Global Biodegradable Plastic Annual Sales by Company (2019-2024)
3.1.2 Global Biodegradable Plastic Sales Market Share by Company (2019-2024)
3.2 Global Biodegradable Plastic Annual Revenue by Company (2019-2024)
3.2.1 Global Biodegradable Plastic Revenue by Company (2019-2024)
3.2.2 Global Biodegradable Plastic Revenue Market Share by Company (2019-2024)
3.3 Global Biodegradable Plastic Sale Price by Company
3.4 Key Manufacturers Biodegradable Plastic Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Biodegradable Plastic Product Location Distribution
3.4.2 Players Biodegradable Plastic Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Biodegradable Plastic by Geographic Region
4.1 World Historic Biodegradable Plastic Market Size by Geographic Region (2019-2024)
4.1.1 Global Biodegradable Plastic Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Biodegradable Plastic Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Biodegradable Plastic Market Size by Country/Region (2019-2024)
4.2.1 Global Biodegradable Plastic Annual Sales by Country/Region (2019-2024)
4.2.2 Global Biodegradable Plastic Annual Revenue by Country/Region (2019-2024)
4.3 Americas Biodegradable Plastic Sales Growth
4.4 APAC Biodegradable Plastic Sales Growth
4.5 Europe Biodegradable Plastic Sales Growth
4.6 Middle East & Africa Biodegradable Plastic Sales Growth
5 Americas
5.1 Americas Biodegradable Plastic Sales by Country
5.1.1 Americas Biodegradable Plastic Sales by Country (2019-2024)
5.1.2 Americas Biodegradable Plastic Revenue by Country (2019-2024)
5.2 Americas Biodegradable Plastic Sales by Type
5.3 Americas Biodegradable Plastic Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Biodegradable Plastic Sales by Region
6.1.1 APAC Biodegradable Plastic Sales by Region (2019-2024)
6.1.2 APAC Biodegradable Plastic Revenue by Region (2019-2024)
6.2 APAC Biodegradable Plastic Sales by Type
6.3 APAC Biodegradable Plastic Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Biodegradable Plastic by Country
7.1.1 Europe Biodegradable Plastic Sales by Country (2019-2024)
7.1.2 Europe Biodegradable Plastic Revenue by Country (2019-2024)
7.2 Europe Biodegradable Plastic Sales by Type
7.3 Europe Biodegradable Plastic Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Biodegradable Plastic by Country
8.1.1 Middle East & Africa Biodegradable Plastic Sales by Country (2019-2024)
8.1.2 Middle East & Africa Biodegradable Plastic Revenue by Country (2019-2024)
8.2 Middle East & Africa Biodegradable Plastic Sales by Type
8.3 Middle East & Africa Biodegradable Plastic Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Biodegradable Plastic
10.3 Manufacturing Process Analysis of Biodegradable Plastic
10.4 Industry Chain Structure of Biodegradable Plastic
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Biodegradable Plastic Distributors
11.3 Biodegradable Plastic Customer
12 World Forecast Review for Biodegradable Plastic by Geographic Region
12.1 Global Biodegradable Plastic Market Size Forecast by Region
12.1.1 Global Biodegradable Plastic Forecast by Region (2025-2030)
12.1.2 Global Biodegradable Plastic Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Biodegradable Plastic Forecast by Type
12.7 Global Biodegradable Plastic Forecast by Application
13 Key Players Analysis
13.1 BASF
13.1.1 BASF Company Information
13.1.2 BASF Biodegradable Plastic Product Portfolios and Specifications
13.1.3 BASF Biodegradable Plastic Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 BASF Main Business Overview
13.1.5 BASF Latest Developments
13.2 Mitsubishi Chemical
13.2.1 Mitsubishi Chemical Company Information
13.2.2 Mitsubishi Chemical Biodegradable Plastic Product Portfolios and Specifications
13.2.3 Mitsubishi Chemical Biodegradable Plastic Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Mitsubishi Chemical Main Business Overview
13.2.5 Mitsubishi Chemical Latest Developments
13.3 Kuraray
13.3.1 Kuraray Company Information
13.3.2 Kuraray Biodegradable Plastic Product Portfolios and Specifications
13.3.3 Kuraray Biodegradable Plastic Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Kuraray Main Business Overview
13.3.5 Kuraray Latest Developments
13.4 Corbion
13.4.1 Corbion Company Information
13.4.2 Corbion Biodegradable Plastic Product Portfolios and Specifications
13.4.3 Corbion Biodegradable Plastic Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Corbion Main Business Overview
13.4.5 Corbion Latest Developments
13.5 Metabolix
13.5.1 Metabolix Company Information
13.5.2 Metabolix Biodegradable Plastic Product Portfolios and Specifications
13.5.3 Metabolix Biodegradable Plastic Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Metabolix Main Business Overview
13.5.5 Metabolix Latest Developments
13.6 NatureWorks
13.6.1 NatureWorks Company Information
13.6.2 NatureWorks Biodegradable Plastic Product Portfolios and Specifications
13.6.3 NatureWorks Biodegradable Plastic Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 NatureWorks Main Business Overview
13.6.5 NatureWorks Latest Developments
13.7 Biome Technologies
13.7.1 Biome Technologies Company Information
13.7.2 Biome Technologies Biodegradable Plastic Product Portfolios and Specifications
13.7.3 Biome Technologies Biodegradable Plastic Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Biome Technologies Main Business Overview
13.7.5 Biome Technologies Latest Developments
13.8 Bio-On SpA
13.8.1 Bio-On SpA Company Information
13.8.2 Bio-On SpA Biodegradable Plastic Product Portfolios and Specifications
13.8.3 Bio-On SpA Biodegradable Plastic Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Bio-On SpA Main Business Overview
13.8.5 Bio-On SpA Latest Developments
13.9 Meredian Holdings Group
13.9.1 Meredian Holdings Group Company Information
13.9.2 Meredian Holdings Group Biodegradable Plastic Product Portfolios and Specifications
13.9.3 Meredian Holdings Group Biodegradable Plastic Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Meredian Holdings Group Main Business Overview
13.9.5 Meredian Holdings Group Latest Developments
13.10 Tianan Biologic Materials
13.10.1 Tianan Biologic Materials Company Information
13.10.2 Tianan Biologic Materials Biodegradable Plastic Product Portfolios and Specifications
13.10.3 Tianan Biologic Materials Biodegradable Plastic Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Tianan Biologic Materials Main Business Overview
13.10.5 Tianan Biologic Materials Latest Developments
14 Research Findings and Conclusion

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