Global Biodegradable Plastics Market 2019-2027

Market Outlook

With the rising global temperature, the pressing concerns over environmental conservation from various NGO activists and other agencies has led the growing awareness for biodegradable plastics. This, in turn, has open growth opportunity for the market globally. The author has revealed that the biodegradable plastics market is expected to rise at a CAGR of 10.84% from 2019 to 2027.

The increasing production of other renewable resources, rising scope of biodegradable plastics in various end-user segments, the beneficial properties of biodegradable plastic, favorable government policies to reduce the use of petroleum-based products and consumer preference for environmentally friendly products are the top reasons responsible for the growth of the market in the world.

Regional Outlook

The Asia Pacific region is the most significant potential region over the forecast period, mainly due to a large customer base and a sensitive approach towards the protection of the Flora and Fauna within the region. Overall, the governments and other small and medium corporates in these regions are striving to conserve and safeguard the nature for future generation through innovative and renewable products, and thus these changes and implementation indicates promising growth in the biodegradable plastic market over the forecasting period.

Competitive Outlook

The prominent companies in the market are Zhejiang Hisun Biomaterials Co. Ltd., Dow Chemical Company (Merger with Dupont), Corbion N.V. (Purac), NatureWorks Llc, Mitsubishi Chemical Corporation, Plantic Technologies (Acquisition By Kuraray America, Inc,), Biome Bioplastics Limited. Sigma-Aldrich (Acquisition by Merck), Fkur Kunststoff Gmbh, Tianan Biologic Material Co. Ltd, Bio-On S.P.A., Danimer Scientific, Llc, Synbra Holding BV, Futerro SA, and BASF SE.

1. Global Biodegradable Plastic Market - Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.3. Evolution & Transition of Biodegradable Plastic
2.4. Porter's Five Force Analysis
2.5. Market Attractiveness Matrix
2.6. Vendor Scorecard
2.7. Industry Components
2.8. Regulatory Framework
2.9. Key Impact Analysis
2.10. Market Opportunity Insights
2.11. Industry Player Positioning
2.12. Key Market Strategies
2.13. Market Drivers
2.13.1. Rise in the Production of Corn and Other Renewable Resources
2.13.2. Increasing Scope of Biodegradable Plastics in Various End-Use Segments
2.13.3. Biodegradable Property of the Biodegradable Plastics
2.13.4. Favorable Government Policies to Reduce the Use of Petroleum-Based Polymers
2.13.5. Shift in Consumer Preference Towards the Adoption of Environment-Friendly Packaging Solution
2.14. Market Restraints
2.14.1. High Cost of Biodegradable Plastics as Compared to Conventional Plastics
2.14.2. Durability Issues
2.15. Market Opportunities
2.15.1. Increased Bioplastic Production Across Regions
2.15.2. Availability of Cost-Effective Bio-Based Raw Materials
2.16. Market Challenges
2.16.1. Biodegradable Plastics Impact On Food Production and Supply
2.16.2. Easy Availability of Alternatives

3. Biodegradable Plastic Industry Outlook – By Type

3.1. Pla
3.2. Starch Blends
3.3. Pcl
3.4. Regenerated Cellulose
3.5. Pbs
3.6. Pha
3.7. Other Types

4. Biodegradable Plastic Industry Outlook - By Application

4.1. Packaging
4.2. Fibers
4.3. Agriculture
4.4. Injection Molding
4.5. Other Applications

5. Biodegradable Plastic Industry - Regional Outlook

5.1. North America
5.1.1. Market By Biodegradable Plastic Type
5.1.2. Market By Application
5.1.3. Country Analysis
5.1.3.1. United States
5.1.3.2. Canada
5.2. Europe
5.2.1. Market By Biodegradable Plastic Type
5.2.2. Market By Application
5.2.3. Country Analysis
5.2.3.1. United Kingdom
5.2.3.2. Germany
5.2.3.3. France
5.2.3.4. Italy
5.2.3.5. Spain
5.2.3.6. Russia
5.2.3.7. Rest of Europe
5.3. Asia Pacific
5.3.1. Market By Biodegradable Plastic Type
5.3.2. Market By Application
5.3.3. Country Analysis
5.3.3.1. China
5.3.3.2. Japan
5.3.3.3. India
5.3.3.4. South Korea
5.3.3.5. Asean Countries
5.3.3.6. Australia and New Zealand
5.3.3.7. Rest of Asia Pacific
5.4. Latin America
5.4.1. Market By Biodegradable Plastic Type
5.4.2. Market By Application
5.4.3. Country Analysis
5.4.3.1. Brazil
5.4.3.2. Mexico
5.4.3.3. Rest of Latin America
5.5. Middle East and Africa
5.5.1. Market By Biodegradable Plastic Type
5.5.2. Market By Application
5.5.3. Country Analysis
5.5.3.1. United Arab Emirates
5.5.3.2. Turkey
5.5.3.3. Saudi Arabia
5.5.3.4. South Africa
5.5.3.5. Rest of Middle East & Africa

6. Competitive Landscape

6.1. Basf Se
6.2. Biome Bioplastics Limited
6.3. Bio-On S.P.A.
6.4. Corbion N.V. (Purac)
6.5. Danimer Scientific, Llc
6.6. Dow Chemical Company (Merger With Dupont)
6.7. Fkur Kunststoff Gmbh
6.8. Futerro Sa
6.9. Mitsubishi Chemical Corporation
6.10. Natureworks Llc
6.11. Plantic Technologies (Acquisition By Kuraray America, Inc,)
6.12. Sigma-Aldrich (Acquisition By Merck)
6.13. Synbra Holding Bv
6.14. Tianan Biologic Material Co. Ltd
6.15. Zhejiang Hisun Biomaterials Co. Ltd.

7. Methodology & Scope

7.1. Research Scope
7.2. Sources of Data
7.3. Research Methodology

List of Tables

Table 1 Market Attractiveness Matrix For Biodegradable Plastic Market
Table 2 Vendor Scorecard of Biodegradable Plastic Market
Table 3 Regulatory Framework of Biodegradable Plastic Market
Table 4 Key Strategic Developments in Biodegradable Plastic Market
Table 5 Comparison Between Bioplastics and Conventional Plastics
Table 6 Cost Analysis of Biodegradable Plastics in 2016
Table 7 Cost Analysis of Fossil Based Plastics in 2016
Table 8 Sustainability of Major Bio-Based Plastic Types For Different Applications
Table 9 Global Biodegradable Plastic Market, By Biodegradable Plastic Type, 2019-2027, (In $ Million)
Table 10 Global Biodegradable Plastic Market, By Application, 2019-2027, (In $ Million)
Table 11 Global Biodegradable Plastic Market, Regional Outlook, 2019-2027 (In $ Million)
Table 12 North America Biodegradable Plastic Market, Country Outlook, 2019-2027 (In $ Million)
Table 13 North America Biodegradable Plastic Market, By Biodegradable Plastic Type, 2019-2027 (In $ Million)
Table 14 North America Biodegradable Plastic Market, By Application, 2019-2027 (In $ Million)
Table 15 Europe Biodegradable Plastic Market, Country Outlook, 2019-2027 (In $ Million)
Table 16 Europe Biodegradable Plastic Market, By Biodegradable Plastic Type, 2019-2027 (In $ Million)
Table 17 Europe Biodegradable Plastic Market, By Application, 2019-2027 (In $ Million)
Table 18 Asia Pacific Biodegradable Plastic Market, Country Outlook, 2019-2027 (In $ Million)
Table 19 Asia Pacific Biodegradable Plastic Market, By Biodegradable Plastic Type, 2019-2027 (In $ Million)
Table 20 Asia Pacific Biodegradable Plastic Market, By Application, 2019-2027 (In $ Million)
Table 21 Latin America Biodegradable Plastic Market, Country Outlook, 2019-2027 (In $ Million)
Table 22 Latin America Biodegradable Plastic Market, By Biodegradable Plastic Type, 2019-2027 (In $ Million)
Table 23 Latin America Biodegradable Plastic Market, By Application, 2019-2027 (In $ Million)
Table 24 Middle East & Africa Biodegradable Plastic Market, Country Outlook, 2019-2027 (In $ Million)
Table 25 Middle East & Africa Biodegradable Plastic Market, By Biodegradable Plastic Type, 2019-2027 (In $ Million)
Table 26 Middle East & Africa Biodegradable Plastic Market, By Application, 2019-2027 (In $ Million)

List of Figures

Figure 1 Global Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 2 Porter's Five Force Analysis of Biodegradable Plastic Market
Figure 3 Industry Components of Biodegradable Plastic Market
Figure 4 Market Opportunity Insights, By Region, 2018
Figure 5 Market Opportunity Insights, By Plastic Type, 2018
Figure 6 Market Opportunity Insights, By Application, 2018
Figure 7 Key Player Positioning in 2018 (%)
Figure 8 Sugarcane and Corn Production in Key Countries, 2016 (In %)
Figure 9 Worldwide Production of Sugar Cane and Corn, 2014- 2023 (In Million Tonnes)
Figure 10 Timeline of Biodegradable Plastics
Figure 11 Worldwide Corn Production, 2010-2017, (In Million Metric Tonnes)
Figure 12 Major Corn Producers Across the Globe, 2015-2016 (% of Total Production)
Figure 13 Worldwide Bioplastic Production Capacity, 2017-2022 (In ‘000 Tonnes)
Figure 14 Percentage Share of Total Bioplastic Production Across Regions in 2017 (In %)
Figure 15 Major Sugarcane Producers Across the Globe in 2016 (In Million Tonnes)
Figure 16 Global Biodegradable Plastic Market, By Pla, 2019-2027 (In $ Million)
Figure 17 Global Biodegradable Plastic Market, By Starch Blends, 2019-2027 (In $ Million)
Figure 18 Global Biodegradable Plastic Market, By Pcl, 2019-2027 (In $ Million)
Figure 19 Global Biodegradable Plastic Market, By Regenerated Cellulose, 2019-2027 (In $ Million)
Figure 20 Global Biodegradable Plastic Market, By Pbs, 2019-2027 (In $ Million)
Figure 21 Global Biodegradable Plastic Market, By Pha, 2019-2027 (In $ Million)
Figure 22 Global Biodegradable Plastic Market, By Other Types, 2019-2027 (In $ Million)
Figure 23 Global Biodegradable Plastic Market, By Packaging, 2019-2027 (In $ Million)
Figure 24 Global Biodegradable Plastic Market, By Fibers, 2019-2027 (In $ Million)
Figure 25 Global Biodegradable Plastic Market, By Agriculture, 2019-2027 (In $ Million)
Figure 26 Global Biodegradable Plastic Market, By Injection Molding, 2019-2027 (In $ Million)
Figure 27 Global Biodegradable Plastic Market, By Other Applications, 2019-2027 (In $ Million)
Figure 28 Global Biodegradable Plastic Market, Regional Outlook, 2018 & 2027 (In %)
Figure 29 United States Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 30 Canada Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 31 United Kingdom Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 32 Germany Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 33 France Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 34 Italy Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 35 Spain Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 36 Russia Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 37 Rest of Europe Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 38 China Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 39 Japan Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 40 India Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 41 South Korea Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 42 Asean Countries Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 43 Australia & New Zealand Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 44 Rest of Asia-Pacific Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 45 Brazil Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 46 Mexico Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 47 Rest of Latin America Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 48 United Arab Emirates Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 49 Saudi Arabia Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 50 Turkey Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 51 South Africa Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 52 Rest of Middle East & Africa Biodegradable Plastic Market, 2019-2027 (In $ Million)