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Biodegradable Plastics Market By Type and End-Use Industry, Forecasts To 2027

  • ID: 5229358
  • Report
  • July 2020
  • Region: Global
  • 273 Pages
  • Reports and Data

FEATURED COMPANIES

  • BASF SE
  • Biome Bioplastics
  • Bio-On
  • Danimer Scientific
  • NatureWorks
  • Novamont S.P.A
Increasing demand for biodegradable plastics from the booming packaging sector and expanding scope of applications of the product in agricultural sector are key factors driving market revenue growth.

Market Size - USD 3.88 Billion in 2020, Market Growth - CAGR of 14.3%, Market Trends - Rising demand for bio-based products including plastics due to rising global environmental concerns.

The global biodegradable plastics market size is expected to reach USD 11.27 Billion in 2028, and register a CAGR of 14.3% during the forecast period. Increasing consumption of biodegradable plastics as a result of constant regulations imposed on single-use plastics, rising environmental concerns, and decreasing space in landfills is a major factor expected to drive revenue growth of the global biodegradable plastics market.

Rising awareness among people resulting in higher adoption of eco-friendly products, rising awareness of ill-effects of conventional plastics bringing about a revolutionary demand from end-use industries are other major factors expected to drive demand for biodegradable plastics, thereby supporting market revenue growth.

Some Key Findings From the Report:

  • Among the product type segments, the starch blends segment accounted for the largest revenue share of 48.8% in the global biodegradable plastics market in 2020.
  • North America biodegradable plastics market accounted for the largest revenue share in the global market, followed by Europe market.
  • The Asia biodegradable plastics Pacific market size was USD 1.96 Billion. Rising demand for bio-based products, increasing need to reduce landfill wastes coming out of industrial sectors of emerging economies such as India and China, rising adoption of biodegradable plastics, easy availability of raw materials in countries in the region, are some of the major factors driving market revenue growth in the region.
  • Key players profiled in the report include NatureWorks, BASF SE, Total Corbion PLA, Mitsubishi Chemical Corporation, Biome Bioplastics, Bio-On, Novamont S.P.A, Plantic Technologies, Danimer Scientific, and Toray Industries. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
  • In 2018, Total Corbion PLA set up a production unit at Thailand. It would be a significant step in developing the biodegradable plastic market in the Asia Pacific, the plant has a production capacity of 75KT. It produces PLA and PDLA from locally grown non-GMO sugarcane.

For the purpose of this report, the global biodegradable plastics market is segmented on the basis of type, end-use industry, and region:


Type Outlook

  • PLA (Polylactic Acid)
  • Starch Blends
  • Biodegradable Polyesters
  • PHA (Polyhydroxyalkanoate)
  • Others

End-Use Industry Outlook

  • Packaging
  • Agriculture
  • Consumer Goods
  • Others

Region Outlook

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Benelux
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa

Reasons to Buy the Report

  • A robust analysis and estimation of the Biodegradable Plastics with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in the Biodegradable Plastics. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BASF SE
  • Biome Bioplastics
  • Bio-On
  • Danimer Scientific
  • NatureWorks
  • Novamont S.P.A

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Biodegradable Plastics Market Segmentation & Impact Analysis
4.1. Biodegradable Plastics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market driver’s analysis
4.2.2.1. Growing use in the food packaging sector
4.2.2.2. Increasing adoption of eco-friendly technology by the consumers
4.2.3. Market restraints analysis
4.2.3.1. High Cost of Biodegradable plastics
4.2.3.2. Performance issues faced by the biodegradable plastics
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence
Chapter 5. Biodegradable Plastics By Type Insights & Trends
5.1. Type Dynamics & Market Share, 2019 & 2027
5.2. PLA
5.2.1. Market estimates and forecast, 2017 - 2027 (USD Million) (Kilo Tons)
5.2.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Million) (Kilo Tons)
5.3. Starch Blends
5.3.1. Market estimates and forecast, 2017 - 2027 (USD Million) (Kilo Tons)
5.3.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Million) (Kilo Tons)
5.4. Biodegradable Polyesters
5.4.1. Market estimates and forecast, 2017 - 2027 (USD Million) (Kilo Tons)
5.4.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Million) (Kilo Tons)
5.5. PHA
5.5.1. Market estimates and forecast, 2017 - 2027 (USD Million) (Kilo Tons)
5.5.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Million) (Kilo Tons)
5.6. Others
5.6.1. Market estimates and forecast, 2017 - 2027 (USD Million) (Kilo Tons)
5.6.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Million) (Kilo Tons)
Chapter 6. Biodegradable Plastics By End Use Industry Insights & Trends
6.1. End Use Industry Dynamics & Market Share, 2019 & 2027
6.2. Packaging
6.2.1. Market estimates and forecast, 2017 - 2027 (USD Million) (Kilo Tons)
6.2.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Million) (Kilo Tons)
6.3. Agriculture
6.3.1. Market estimates and forecast, 2017 - 2027 (USD Million) (Kilo Tons)
6.3.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Million) (Kilo Tons)
6.4. Consumer Goods
6.4.1. Market estimates and forecast, 2017 - 2027 (USD Million) (Kilo Tons)
6.4.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Million) (Kilo Tons)
6.5. Others
6.5.1. Market estimates and forecast, 2017 - 2027 (USD Million) (Kilo Tons)
6.5.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Million) (Kilo Tons)
Chapter 7. Biodegradable Plastics Market Regional Outlook
7.1. Biodegradable Plastics Market share By Region, 2019 & 2027
7.2. North America
7.2.1. North America Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.2.2. North America Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.2.3. North America Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
7.2.4. U.S.
7.2.4.1. U.S. Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.2.4.2. U.S. Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.2.4.3. U.S. Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
7.3. Europe
7.3.1. Europe Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.3.2. Europe Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.3.3. Europe Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons
7.3.4. U.K.
7.3.4.1. U.K. Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.3.4.2. U.K. Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.3.4.3. U.K. Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
7.3.5. France
7.3.5.1. France Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.3.5.2. France Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.3.5.3. France Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
7.4. Asia-Pacific
7.4.1. Asia-Pacific Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.4.2. Asia Pacific Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.4.3. Asia Pacific Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
7.4.4. China
7.4.4.1. China Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.4.4.2. China Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.4.4.3. China Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
7.4.5. India
7.4.5.1. India Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.4.5.2. India Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.4.5.3. India Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
7.4.6. Japan
7.4.6.1. Japan Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.4.6.2. Japan Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.4.6.3. Japan Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
7.5. Middle East and Africa
7.5.1. Middle East and Africa Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.5.2. Middle East and Africa Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.5.3. Middle East and Africa Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
7.6. Latin America
7.6.1. Latin America Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.6.2. Latin America Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.6.3. Latin America Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
7.6.4. Brazil
7.6.4.1. Brazil Biodegradable Plastics Market estimates and forecast, 2017 - 2027, (USD Million) (Kilo Tons)
7.6.4.2. Brazil Biodegradable Plastics Market estimates and forecast By Type, 2017-2027, (USD Million) (Kilo Tons)
7.6.4.3. Brazil Biodegradable Plastics Market estimates and forecast by End Use Industry, 2017-2027, (USD Million) (Kilo Tons)
Chapter 8. Competitive Landscape
8.1. Market Revenue Share By Manufacturers
8.2. Manufacturing Cost Breakdown Analysis
8.3. Mergers & Acquisitions
8.4. Market positioning
8.5. Strategy Benchmarking
8.6. Vendor Landscape
Chapter 9. Company Profiles
9.1. NatureWorks
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Technology Insights
9.1.4. Strategic Initiatives
9.2. BASF SE
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Technology Insights
9.2.4. Strategic Initiatives
9.3. Total Corbion PLA
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Technology Insights
9.3.4. Strategic Initiatives
9.4. Mitsubishi Chemical Corporation
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Technology Insights
9.4.4. Strategic Initiatives
9.5. Biome Bioplastics
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Technology Insights
9.5.4. Strategic Initiatives
9.6. Bio-On
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Technology Insights
9.6.4. Strategic Initiatives
9.7. Novamont S.P.A
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Technology Insights
9.7.4. Strategic Initiatives
9.8. Plantic Technologies
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Technology Insights
9.8.4. Strategic Initiatives
9.9. Danimer Scientific.
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Technology Insights
9.9.4. Strategic Initiatives
9.10. Toray Industries
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Technology Insights
9.10.4. Strategic Initiatives
Note: Product cover images may vary from those shown
  • BASF SE
  • NatureWorks
  • Total Corbion PLA
  • Mitsubishi Chemical Corporation
  • Biome Bioplastics
  • Bio-On
  • Novamont S.P.A
  • Plantic Technologies
  • Danimer Scientific
  • Toray Industries
Note: Product cover images may vary from those shown