+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Biodegradable Plastic Market Size, Share & Trends Analysis Report by Type (Starch-based, PLA, PHA, PBAT, PBS), by End Use (Packaging, Consumer Goods, Agriculture), by Region, and Segment Forecasts, 2020 - 2027

  • ID: 4613414
  • Report
  • March 2020
  • Region: Global
  • 102 pages
  • Grand View Research
1 of 3

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • BASF SE
  • Biome Technologies plc
  • Corbion
  • Danimer Scientific
  • Dow Inc.
  • Eastman Chemical Company
  • MORE
The global biodegradable plastic market size is projected to reach USD 7.6 billion by 2027, rising at a revenue-based CAGR of 9.4% during the forecast period. Increasing use of biodegradable products, owing to strict governmental laws for prohibiting use of conventional plastics and growing awareness among public toward their ill-effects is boosting the market growth.

Biodegradable plastics are made of renewable raw materials and decompose in the environment within a reasonable period of time. Many of these require biodegradable additives to enhance the biodegradation process and some require a specific environment to disintegrate. Time taken by plastics to decompose depends upon various factors such as raw materials used and environmental conditions such as moisture and temperature.

The starch-based segment led the global biodegradable plastic market, since they are used in various applications such as packaging, consumer electronics, agriculture, automotive, and textiles. Polylactic Acid (PLA) is also one of the most consumed products, which is used in 3D printing, mulch film, and packaging.

Ban on plastics by European Commission is anticipated to drive the packaging segment growth over the forecast period. Novel applications of biodegradable products in the medical sector for drug encapsulation and medical surgeries are also being increasingly practiced.

People across the globe, are facing grave issues of waste as conventional plastics take hundreds of years to decompose. To tackle this issue several countries have banned the use of single-use plastic products and are promoting eco-friendly biodegradable products. Ban of non-reusable conventional plastics in many regions, especially in Europe and North America, is estimated to propel the market demand. Additionally, improving standard of living and increasing disposable income in developing countries are likely to augur well for the market in Asia Pacific and Central and South America.

Key players are investing in research and development activities in order to create improved products that are strong and can be easily decomposed in natural environment. Many companies have integrated value chain to serve customers better and improve company profits.

Further key findings from the report suggest:
  • The Polyhydroxyalkanoate (PHA) segment is projected to expand at a significant CAGR of 10.0% in terms of revenue during the forecast period, owing to increasing use of PHA in medical and other applications
  • Packaging is the largest end-use segment, followed by the agriculture sector, owing to replacement of conventional plastics in food packaging such as boxes, wraps, cups, plates
  • Europe is the largest region in terms of revenue as well as volume. However, Asia Pacific is expected to emerge as the fastest growing region
  • Major players in the biodegradable plastic industry include BASF SE, NatureWorks LLC, Mitsubishi Chemical Corporation, Carbion, and Biome Technologies plc.

Please note: This product will be delivered within 48 business hours after receipt of order.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • BASF SE
  • Biome Technologies plc
  • Corbion
  • Danimer Scientific
  • Dow Inc.
  • Eastman Chemical Company
  • MORE
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research scope and assumptions
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal database
1.3.3 Secondary Sources
1.3.4 Third Party Perspective
1.3.5 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation and Data Visualization
1.6 Data Validation and Publishing
1.7 List of Abbreviations

Chapter 2 Executive Summary

Chapter 3 Biodegradable Plastics: Market Variables, Trends & Scope
3.1 Market Segmentation
3.2 Biodegradable Plastics: Market Dynamics
3.3 Value chain analysis
3.4 Technology overview
3.5 Regulatory framework
3.6 Market variables analysis
3.6.1 Market Driver Analysis
3.6.1.1 Growing Use of Renewable & Bio-Based Products
3.6.1.2 The shift in Consumer Preferences Toward Eco-Friendly Packaging and strict government regulations
3.6.2 Market restraint Analysis
3.6.2.1 Cost Competitiveness of Biodegradable Plastics Over Conventional Plastics
3.6.2.2 Shortcomings of Biodegradable Plastics
3.7 Penetration and growth prospect mapping
3.7.1 New market avenues
3.8 Biodegradable Plastics market - Porter’s analysis
3.9 Biodegradable Plastics market - PESTEL analysis

Chapter 4 Biodegradable Plastics Market: Type Estimates & Trend Analysis
4.1 Biodegradable Plastics Market: Type movement analysis, 2019 & 2027
4.2 Starch-based
4.2.1 Biodegradable Plastics market estimates and forecasts, Starch-Based, 2016 - 2027 (KILOTons) (USD Million)
4.3 Polylactic Acid (PLA)
4.3.1 Biodegradable Plastics market estimates and forecasts, polylactic acid, 2016 - 2027 (KILOTons) (USD Million)
4.4 Polybutylene Adipate Terephthalate (PBAT)
4.4.1 Biodegradable Plastics market estimates and forecasts, Polybutylene adipate terephthalate, 2016 - 2027 (KILOTons) (USD Million)
4.5 Polybutylene Succinate (PBS)
4.5.1 Biodegradable Plastics market estimates and forecasts, Polybutylene Succinate, 2016 - 2027 (KILOTons) (USD Million)
4.6 Polyhydroxyalkanoate (PHA)
4.6.1 Biodegradable Plastics market estimates and forecasts, Polyhydroxyalkanoate, 2016 - 2027 (KILOTons) (USD Million)
4.7 Others
4.7.1 Biodegradable Plastics market estimates and forecasts, Others, 2016 - 2027 (KILOTons) (USD Million)

Chapter 5 Biodegradable Plastics Market: End Use Estimates & Trend Analysis
5.1 Biodegradable plastics market: End-use movement analysis, 2019 & 2027
5.2 Packaging
5.2.1 Biodegradable Plastics market estimates and forecasts, Packaging, 2016 - 2027 (KILOTons) (USD Million)
5.3 Agriculture
5.3.1 Biodegradable Plastics market estimates and forecasts, Agriculture, 2016 - 2027 (KILOTons) (USD Million)
5.4 Consumer Goods
5.4.1 Biodegradable Plastics market estimates and forecasts, Consumer Goods, 2016 - 2027 (KILOTons) (USD Million)
5.5 Others
5.5.1 Biodegradable Plastics market estimates and forecasts, OTHERS, 2016 - 2027 (KILOTons) (USD Million)

Chapter 6 Biodegradable Plastics Market: Regional Estimates & Analysis
6.1 Biodegradable Plastics Market: Regional movement analysis
6.2 North America
6.2.1 North America Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.2.2 North America Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.2.3 North America Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.2.4 U.S.
6.2.4.1 U.S. Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.2.4.2 U.S. Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.2.4.3 U.S. Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.2.5 Canada
6.2.5.1 Canada Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.2.5.2 Canada Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.2.5.3 Canada Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.2.6 Mexico
6.2.6.1 Mexico Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.2.6.2 Mexico Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.2.6.3 Mexico Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.3 Europe
6.3.1 Europe Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.3.2 Europe Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.3.3 Europe Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.3.4 Germany
6.3.4.1 Germany Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.3.4.2 Germany Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.3.4.3 Germany Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.3.5 France
6.3.5.1 France Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.3.5.2 France Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.3.5.3 France Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.3.6 U.K.
6.3.6.1 U.K. Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.3.6.2 U.K. Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.3.6.3 U.K. Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.3.7 Spain
6.3.7.1 Spain Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.3.7.2 Spain Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.3.7.3 Spain Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.3.8 Italy
6.3.8.1 Italy Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.3.8.2 Italy Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.3.8.3 Italy Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.4 Asia Pacific
6.4.1 Asia Pacific Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.4.2 Asia Pacific Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.4.3 Asia Pacific Biodegradable Plastics Market Estimates And Forecasts, By End-Use, 2016 - 2027 (Kilotons) (Usd Million)
6.4.4 China
6.4.4.1 China Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.4.4.2 China Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.4.4.3 China Biodegradable Plastics Market Estimates And Forecasts, By End-Use, 2016 - 2027 (Kilotons) (Usd Million)
6.4.5 India
6.4.5.1 India Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.4.5.2 India Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.4.5.3 India Biodegradable Plastics Market Estimates And Forecasts, By End-Use, 2016 - 2027 (Kilotons) (Usd Million)
6.4.6 Japan
6.4.6.1 Japan Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.4.6.2 Japan Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.4.6.3 Japan Biodegradable Plastics Market Estimates And Forecasts, By End-Use, 2016 - 2027 (Kilotons) (Usd Million)
6.4.7 South Korea
6.4.7.1 South Korea Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.4.7.2 South Korea Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.4.7.3 South Korea Biodegradable Plastics Market Estimates And Forecasts, By End-Use, 2016 - 2027 (Kilotons) (Usd Million)
6.5 Central & South America (Csa)
6.5.1 Csa Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.5.2 Csa Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.5.3 Csa Biodegradable Plastics Market Estimates And Forecasts, By End-Use, 2016 - 2027 (Kilotons) (Usd Million)
6.5.4 Brazil
6.5.4.1 Brazil Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.5.4.2 Brazil Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.5.4.3 Brazil Biodegradable Plastics Market Estimates And Forecasts, By End-Use, 2016 - 2027 (Kilotons) (Usd Million)
6.6 Middle East & Africa
6.6.1 Middle East & Africa Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.6.2 Middle East & Africa Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.6.3 Middle East & Africa Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)
6.6.4 Saudi Arabia
6.6.4.1 Saudi Arabia Biodegradable Plastics Market Estimates And Forecasts, 2016 - 2027 (Kilotons) (Usd Million)
6.6.4.2 Saudi Arabia Biodegradable Plastics Market Estimates And Forecasts, By Type, 2016 - 2027 (Kilotons) (Usd Million)
6.6.4.3 Saudi Arabia Biodegradable Plastics Market Estimates And Forecasts, By End Use, 2016 - 2027 (Kilotons) (Usd Million)

Chapter 7 Competitive Landscape
7.1 Key Global Players, Recent Developments, & Their Impact On The Industry
7.2 Vendor Landscape
7.2.1 List Of Key Distributors & Channel Partners
7.2.2 Key Potential Customers
7.3 Public companies
7.3.1 Competitive dashboard analysis
7.4 Private Companies
7.4.1 List of Key Emerging Companies/Technology Disruptors/Innovators and their geographical presence

Chapter 8 Company Profiles
8.1 Mitsubishi Chemical Corporation
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product benchmarking
8.1.4 Strategic Initiatives
8.2 Biome Technologies plc
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product benchmarking
8.2.4 Strategic Initiatives
8.3 Plantic Technologies Limited
8.3.1 Company overview
8.3.2 Product benchmarking
8.4 BASF SE
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Product benchmarking
8.5 Corbion
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product benchmarking
8.5.4 Strategic Initiatives
8.6 Yield10 Bioscience, Inc.
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Product benchmarking
8.7 Eastman Chemical Company
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product benchmarking
8.7.4 Strategic Initiatives
8.8 NatureWorks LLC
8.8.1 Company overview
8.8.2 Product benchmarking
8.9 Dow Inc.
8.9.1 Company Overview
8.9.2 Financial performance
8.9.3 Product benchmarking
8.9.4 Strategic Initiatives
8.10 Danimer Scientific
8.10.1 Company Overview
8.10.2 Product benchmarking
8.10.3 Strategic Initiatives
8.11 Novamont S.p.A.
8.11.1 Company Overview
8.11.2 Product benchmarking
8.12 Toray Industries, Inc.
8.12.1 Company Overview
8.12.2 Financial performance
8.12.3 Product benchmarking
8.13 TianAn Biologic Materials Co., Ltd.
8.13.1 Company Overview
8.13.2 Product benchmarking
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Mitsubishi Chemical Corporation
  • Biome Technologies plc
  • Plantic Technologies Limited
  • BASF SE
  • Corbion
  • Yield10 Bioscience, Inc.
  • Eastman Chemical Company
  • NatureWorks LLC
  • Dow Inc.
  • Danimer Scientific
  • Novamont S.p.A.
  • Toray Industries, Inc.
  • TianAn Biologic Materials Co., Ltd.
Note: Product cover images may vary from those shown
Adroll
adroll