Global Biodegradable polymers Market - Segmented by Type, End-user Industry and Region - Growth, Trends and Forecasts (2018 - 2023)

  • ID: 4515086
  • Report
  • Region: Global
  • 135 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • BASF SE
  • CORBION PURAC
  • DOWDUPONT
  • FP INTERNATIONAL
  • MERCK
  • NATUREWORKS LLC
  • MORE
The global biodegradable polymers market is expected to witness a CAGR of over 20% during the forecasted period, majorly driven by growing popularity of the eco-friendly polymers that cause minimal damage to the environment and provide a sustainable future for the future generations.

Preference to Ecofriendly Polymers to Preserve Environment Are Driving the Market

Ecofriendly polymers are necessary for sustainable future and biodegradable polymers help in a long way to protect the environment from polymers filling land and water bodies. Biodegradable polymers are the need of the hour, as they help in avoiding accumulation of toxic particles in the environment. Non-degradable polymers clog the water flow, occupy area on landfills restricting absorption of water and nutrients into the soil, and harm aquatic life and innocent animals who mistake these polymers for food.

Polylactic Acid the Dominating Type

Polylactic Acid biodegradable polymers lead the market demand for bio-degradable ones. These are widely used in the packaging industry and have applications in medical, textile, and agriculture industries. Medical industry is expected to adopt these biodegradable polymers rapidly in the forecast period.

Asia Pacific a Potential Market

Currently Europe and North America occupy more than 75% of the demand for bio-degradable polymers. Asia-pacific region currently has highest usage of polymers and is a potential region where the usage of bio-degradable polymers can increase rapidly in the future by increasing awareness about advantages of these bio-degradable polymers. Lowering the prices of biodegradable polymers is necessary for their wider adoption. The adaption of bio-degradable polymers in this region is expected to propel, once the price competitiveness is achieved.

Notable Developments

January 2018: Bengbu-based BBCA Group signed an agreement with Glactic Company, located in Belgium, on a PLA (polylactic acid) cooperation project, featuring a designed annual production capacity of 100,000 metric ton

January 2018: Engineers from the University of Connecticut developed an implantable sensor, made from poly (L-lactide) (PLLA), a medically-safe biodegradable polymer that can measure even very small changes in pressure inside organs

June 2017: NatureWorks signed a contract to license Plaxica's Optipure chemical processing technology for the production of D-lactic acid, which serves as a building block for Ingeo PLA grades

Major Players: BASF SE, DowDuPont, Merck, Mitsubishi Chemical Corporation and Showa Denko K.K. amongst others.

Reason to Purchase this Report

To understand the impact of various types of Biodegradable polymers on the market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating type and end-user industry in the market

Countries expected to witness the fastest growth during the forecast period

Identifying the latest developments, market shares, and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet in excel

Customization of the Report

This report can be customized to meet your requirements.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BASF SE
  • CORBION PURAC
  • DOWDUPONT
  • FP INTERNATIONAL
  • MERCK
  • NATUREWORKS LLC
  • MORE
1. Introduction
1.1 Scope of the Report
1.2 Research Phases
1.3 Study Deliverables

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Raw Material Analysis
3.4 Regulatory Policy Analysis
3.5 Patent Analysis

4. Technological Snapshot
4.1 Current Technologies
4.2 Future Technologies

5. Market Dynamics
5.1 Drivers
5.1.1 Preference towards Eco Friendly Polymers to Preserve Environment
5.1.2 Regulation on Non-degradable Polymers in many countries
5.1.3 Increasing Consumer Awareness in developed and developing nations
5.1.4 Non-Toxic Nature of Biodegradable polymers
5.2 Restraints
5.2.1 Higher Price compared to Petroleum Based polymers
5.2.2 Low Awareness in Low Income Countries
5.3 Opportunities
5.3.1 Increasing Research in Drug Delivery
5.3.2 Rising Regulations in Emerging Countries

6. Market Segmentation and Analysis - (Market Size, Growth, and Forecast)
6.1 By Type
6.1.1 Starch-Based Plastics
6.1.2 PolyLactic Acid (PLA)
6.1.3 PolyHydroxyAlkanoates (PHA)
6.1.4 Polyesters (PBS, PBAT and PCL)
6.1.5 Cellulose Derivatives
6.2 By End-user Industry
6.2.1 Agriculture
6.2.2 Textile
6.2.3 Electronics
6.2.4 Packaging
6.2.5 Healthcare
6.2.6 Others

7. Regional Market Analysis (Market Size, Growth, and Forecast)
7.1 Asia-Pacific
7.1.1 China
7.1.2 India
7.1.3 Japan
7.1.4 South Korea
7.1.5 Rest of Asia-Pacific
7.2 North America
7.2.1 United States
7.2.2 Canada
7.2.3 Mexico
7.2.4 Rest of North America
7.3 Europe
7.3.1 Germany
7.3.2 United Kingdom
7.3.3 Italy
7.3.4 France
7.3.5 Rest of Europe
7.4 Rest of the World
7.4.1 Brazil
7.4.2 Saudi Arabia
7.4.3 Rest of the Countries

8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players

9. Company Profiles (Overview, Financials**, Products & services, Recent Developments, and Analyst View)
9.1 BASF SE
9.2 BIOTEC GmbH & Co.
9.3 Cardia Bioplastics Limited
9.4 Corbion Purac
9.5 Cortec group
9.6 DowDuPont
9.7 FKuR Kunststoff GmbH
9.8 FP International
9.9 Innovia Films
9.10 Japan Corn Starch Co., Ltd.
9.11 Kingfa Sci. & Tech. Co. Ltd.
9.12 Merck
9.13 Metabolix, Inc.
9.14 Mitsubishi Chemical Corporation
9.15 NatureWorks LLC
9.16 Novamont SpA
9.17 Purac
9.18 Rodenburg Biopolymers
9.19 Showa Denko K.K.
9.20 Trellis Earth, Inc.
…List not Exhaustive
10 Disclaimer
**Subject to availability of public domain
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  • BASF SE
  • BIOTEC GMBH & CO.
  • CARDIA BIOPLASTICS LIMITED
  • CORBION PURAC
  • CORTEC GROUP
  • DOWDUPONT
  • FKUR KUNSTSTOFF GMBH
  • FP INTERNATIONAL
  • INNOVIA FILMS
  • JAPAN CORN STARCH CO. LTD.
  • KINGFA SCIB & TECH. CO. LTD.
  • MERCK
  • METABOLIX Inc.
  • MITSUBISHI CHEMICAL CORPORATION
  • NATUREWORKS LLC
  • NOVAMONT SPA
  • PURAC
  • RODENBURG BIOPOLYMERS
  • SHOWA DENKO K.K.
  • TRELLIS EARTH Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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