+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 & Volume by Material Types (PBAT, PBS, PLA, PHA, Starch Blends, Others), by Regions, Application, & Companies

  • ID: 4876826
  • Report
  • December 2019
  • Region: Global
  • 191 pages
  • Renub Research
1 of 5

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • Archer Daniels Midland
  • BASF S.E
  • Mondi Group
  • Stora Enso
  • WestRock
  • MORE
Biodegradable plastic is the best possible alternative for all traditional plastics used in various applications. Such plastics provide innovative solutions with improved properties, as well as distinctive ability to reduce emissions and provide the same performance and usability as conventional plastics. As a result, the rising demand for more sustainable plastic products provides an immense opportunity for key companies operating in the biodegradable plastic market. According to the publisher, analysis, the global biodegradable plastic market is forecasted to be more than US$ 6 Billion by the end of the year 2026.

Excessive plastic waste and its disposal are now becoming a major global environmental issue. Biodegradable plastics are used as an alternative to industrial plastics that is environmentally friendly. A significant advantage of biodegradable plastics over traditional plastics is a substantial reduction in carbon emissions during the manufacturing process. This aspect further stimulates the development of the market for biodegradable plastics. Biodegradable plastic can be used for various purposes like packaging, agriculture (mulch films), consumer goods, and other uses.

Compared to conventional plastic, biodegradable plastic can also be recycled to make more plastic products such as shopping bags, in addition to taking considerably less time to break down. This further promotes the growth over the forecast period of biodegradable plastic. Nevertheless, the high cost of biodegradable plastic is expected to hamper the growth of the biodegradable plastic market compared to conventional plastic.

The biodegradable plastics market is undergoing notable growth worldwide due to the change in consumer preference for eco-friendly plastic products and growing use in packaging and compostable bag applications in emerging markets such as the Asia Pacific region.

This report titled “Global Biodegradable Plastic Volume & Market by Material Types (PBAT, PBS, PLA, PHA, Starch Blends, Others), by Regions (North America, Europe, Asia Pacific, Middle East & Africa, Central & South America), Application (Packaging, Agriculture, Consumer Goods, Others), Companies (BASF S.E., Mondi Group, Stora Enso, WestRock, Archer Daniels Midland)” provides a complete analysis of Global Biodegradable Plastic Market.

Starch Blends is holding the majority share in the Global Biodegradable Plastic Market

This report has been covered following biodegradable plastic material types: Polybutylene Adipate / Terephthalate (PBAT), Polybutylene Succinate (PBS), Polylactic Acid (PLA), Polyhydroxyalkanoate (PHA), Starch Blends & Others. Starch Blends is holding the majority share in the global biodegradable plastic market.

North America & Europe are playing the leading roles in the Global Biodegradable Plastic Market

In this report, we have done a comprehensive analysis of the global biodegradable plastic market by world regions. Covered regions are North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. North America & Europe are playing leading roles in this market place.

Packaging will maintain its Dominating Position

In this report, we have done a complete assessment of top biodegradable plastic applications. The applications we have covered are packaging, agriculture, consumer goods, & others. The report provides all the historic and forecast market value for each application. Packaging will maintain its dominating position in the global biodegradable plastic application market.

Company Analysis - All the 5 companies have been analyzed from 3 points
  • Overview
  • Recent Developments
  • Sales Analysis
Company Studied in the report are as follows
  • BASF S.E
  • Mondi Group
  • Stora Enso
  • WestRock
  • Archer Daniels Midland
Global Biodegradable Plastic Volume - Material Type
  • Polybutylene adipate/terephthalate (PBAT)
  • Polybutylene Succinate (PBS)
  • Polylactic Acid (PLA)
  • Polyhydroxyalkanoate (PHA)
  • Starch Blends & Others
Global Biodegradable Plastic Market - Material Type
  • Polybutylene Adipate /Terephthalate (PBAT)
  • Polybutylene Succinate (PBS)
  • Polylactic Acid (PLA)
  • Polyhydroxyalkanoate (PHA)
  • Starch Blends & Others
Global Biodegradable Plastic Market - Regions
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Central & South America
Global Biodegradable Plastic Market - Applications
  • Packaging
  • Agriculture
  • Consumer Goods
  • Others
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Archer Daniels Midland
  • BASF S.E
  • Mondi Group
  • Stora Enso
  • WestRock
  • MORE
1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.1.1 Increasing Use in Food Packaging & Compostable Bags Applications
4.1.2 Shift in Consumer Preference toward Eco-Friendly Plastic Products
4.1.3 Easy availability of raw materials
4.2 Challenges
4.2.1 Higher Cost of Biodegradable Plastics than That of Conventional Plastics

5. Global Biodegradable Plastic Market & Volume Analysis
5.1 Biodegradable Plastic Market
5.2 Biodegradable Plastic Volume

6. Market Share - Global Biodegradable Plastic
6.1 By Material Type
6.2 By Region
6.3 By Application

7. Volume Share - Global Biodegradable Plastic
7.1 By Material Type

8. Material Type - Global Biodegradable Plastic Market & Volume
8.1 Polybutylene Adipate / Terephthalate (PBAT)
8.1.1 Market
8.1.2 Volume
8.2 Polybutylene Succinate (PBS)
8.2.1 Market
8.2.2 Volume
8.3 Polylactic Acid (PLA)
8.3.1 Market
8.3.2 Volume
8.4 Polyhydroxyalkanoate (PHA)
8.4.1 Market
8.4.2 Volume
8.5 Starch Blends & Others
8.5.1 Market
8.5.2 Volume

9. Regions - Global Biodegradable Plastic Market
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Middle East & Africa
9.5 Central & South America

10. Applications - Global Biodegradable Plastic Market
10.1 Packaging
10.2 Agriculture
10.3 Consumer Goods
10.4 Others

11. Company Analysis
11.1 BASF S.E.
11.1.1 Overview
11.1.2 Recent Developments
11.1.3 Sales Analysis
11.2 Mondi Group
11.2.1 Overview
11.2.2 Recent Developments
11.2.3 Sales Analysis
11.3 Stora Enso
11.3.1 Overview
11.3.2 Recent Developments
11.3.3 Sales Analysis
11.4 WestRock
11.4.1 Overview
11.4.2 Recent Developments
11.4.3 Sales Analysis
11.5 Archer Daniels Midland
11.5.1 Overview
11.5.2 Recent Developments
11.5.3 Sales Analysis

List of Figures:

List of Figures:
Figure-01: Global Biodegradable Plastic Market (Million US$), 2018 - 2026
Figure-02: Global Biodegradable Plastic Volume (Thousand Tonnes), 2018 - 2026
Figure-03: Percentage of Individual Who Agree to Pay More for Eco-Friendly Products
Figure-04: Global Biodegradable Plastic Market (Million US$), 2016 - 2018
Figure-05: Global - Forecast for Biodegradable Plastic Market (Million US$), 2019 - 2026
Figure-06: Global Biodegradable Plastic Volume (in Thousand Tonnes), 2016 - 2018
Figure-07: Global - Forecast for Biodegradable Plastic Volume (in Thousand Tonnes), 2019 - 2026
Figure-08: Global Biodegradable Plastic Market Share (%) by Material Type, 2016 - 2018
Figure-09: Global - Forecast for Biodegradable Plastic Market Share (%) by Material Type, 2019 - 2026
Figure-10: Global Biodegradable Plastic Volume Share (%) by Material Type, 2016 - 2018
Figure-11: Global - Forecast for Biodegradable Plastic Volume Share (%) by Material Type, 2019 - 2026
Figure-12: Global Biodegradable Plastic Market Share (%) by Region, 2016 - 2018
Figure-13: Global - Forecast for Biodegradable Plastic Market Share (%) by Region, 2019 - 2026
Figure-14: Global Biodegradable Plastic Market Share (%) by Application, 2016 - 2018
Figure-15: Global - Forecast for Biodegradable Plastic Market Share (%) by Application, 2019 - 2026
Figure-16: Global - Polybutylene Adipate/Terephthalate (PBAT) Market (Million US$), 2016 - 2018
Figure-17: Global - Forecast for Polybutylene Adipate/Terephthalate (PBAT) Market (Million US$), 2019 - 2026
Figure-18: Global - Polybutylene Adipate/Terephthalate (PBAT) Volume (in Thousand Tonnes), 2016 - 2018
Figure-19: Global - Forecast for Polybutylene Adipate/Terephthalate (PBAT) Volume (in Thousand Tonnes), 2019 - 2026
Figure-20: Global - Polybutylene Succinate (PBS) Market (Million US$), 2016 - 2018
Figure-21: Global - Forecast for Polybutylene Succinate (PBS) Market (Million US$), 2019 - 2026
Figure-22: Global - Polybutylene Succinate (PBS) Volume (in Thousand Tonnes), 2016 - 2018
Figure-23: Global - Forecast for Polybutylene Succinate (PBS) Volume (in Thousand Tonnes), 2019 - 2026
Figure-24: Global - Polylactic Acid (PLA) Market (Million US$), 2016 - 2018
Figure-25: Global - Forecast for Polylactic Acid (PLA) Market (Million US$), 2019 - 2026
Figure-26: Global - Polylactic Acid (PLA) Volume (in Thousand Tonnes), 2016 - 2018
Figure-27: Global - Forecast for Polylactic Acid (PLA) Volume (in Thousand Tonnes), 2019 - 2026
Figure-28: Global - Polyhydroxyalkanoate (PHA) Market (Million US$), 2016 - 2018
Figure-29: Global - Forecast for Polyhydroxyalkanoate (PHA) Market (Million US$), 2019 - 2026
Figure-30: Global - Polyhydroxyalkanoate (PHA) Volume (in Thousand Tonnes), 2016 - 2018
Figure-31: Global - Forecast for Polyhydroxyalkanoate (PHA) Volume (in Thousand Tonnes), 2019 - 2026
Figure-32: Global - Starch Blends Market (Million US$), 2016 - 2018
Figure-33: Global - Forecast for Starch Blends Market (Million US$), 2019 - 2026
Figure-34: Global - Starch Blends Volume (in Thousand Tonnes), 2016 - 2018
Figure-35: Global - Forecast for Starch Blends Volume (in Thousand Tonnes), 2019 - 2026
Figure-36: Global - Others Market (Million US$), 2016 - 2018
Figure-37: Global - Forecast for Others Market (Million US$), 2019 - 2026
Figure-38: Global - Starch Others Volume (in Thousand Tonnes), 2016 - 2018
Figure-39: Global - Forecast for Others Volume (in Thousand Tonnes), 2019 - 2026
Figure-40: North America - Biodegradable Plastic Market (Million US$), 2016 - 2018
Figure-41: North America - Forecast for Biodegradable Plastic Market (Million US$), 2019 - 2026
Figure-42: Europe - Biodegradable Plastic Market (Million US$), 2016 - 2018
Figure-43: Europe - Forecast for Biodegradable Plastic Market (Million US$), 2019 - 2026
Figure-44: Asia Pacific - Biodegradable Plastic Market (Million US$), 2016 - 2018
Figure-45: Asia Pacific - Forecast for Biodegradable Plastic Market (Million US$), 2019 - 2026
Figure-46: Middle East & Africa - Biodegradable Plastic Market (Million US$), 2016 - 2018
Figure-47: Middle East & Africa - Forecast for Biodegradable Plastic Market (Million US$), 2019 - 2026
Figure-48: Central & South America - Biodegradable Plastic Market (Million US$), 2016 - 2018
Figure-49: Central & South America - Forecast for Biodegradable Plastic Market (Million US$), 2019 - 2026
Figure-50: Global - Biodegradable Plastic Packaging Market (Million US$), 2016 - 2018
Figure-51: Global - Forecast for Biodegradable Plastic Packaging Market (Million US$), 2019 - 2026
Figure-52: Global - Biodegradable Agriculture Plastic Market (Million US$), 2016 - 2018
Figure-53: Global - Forecast for Biodegradable Agriculture Plastic Market (Million US$), 2019 - 2026
Figure-54: Global - Biodegradable Consumer Goods Plastic Market (Million US$), 2016 - 2018
Figure-55: Global - Forecast for Biodegradable Consumer Goods Plastic Market (Million US$), 2019 - 2026
Figure-56: Global - Biodegradable Other Applications Plastic Market (Million US$), 2016 - 2018
Figure-57: Global - Forecast for Biodegradable Other Applications Plastic Market (Million US$), 2019 - 2026
Figure-58: BASF S.E. Revenue (Million US$), 2014 - 2018
Figure-59: Forecast for BASF S.E. Revenue (Million US$), 2019 - 2026
Figure-60: Mondi Group Revenue (Million US$), 2014 - 2018
Figure-61: Forecast for Mondi Group Revenue (Million US$), 2019 - 2026
Figure-62: Stora Enso Revenue (Million US$), 2014 - 2018
Figure-63: Forecast for Stora Enso Revenue (Million US$), 2019 - 2026
Figure-64: WestRock Revenue (Million US$), 2014 - 2018
Figure-65: Forecast for WestRock Revenue (Million US$), 2019 - 2026
Figure-66: Archer Daniels Midland Revenue (Million US$), 2014 - 2018
Figure-67: Forecast for Archer Daniels Midland Revenue (Million US$), 2019 - 2026
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5
  • BASF S.E
  • Mondi Group
  • Stora Enso
  • WestRock
  • Archer Daniels Midland
Note: Product cover images may vary from those shown
5 of 5

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

Loading
LOADING...

Adroll
adroll