Global Biodegradable Plastics Market to Reach $68.7 Billion by 2030
The global market for Biodegradable Plastics estimated at US$14.8 Billion in the year 2022, is projected to reach a revised size of US$68.7 Billion by 2030, growing at a CAGR of 21.1% over the analysis period 2022-2030. Starch Blends, one of the segments analyzed in the report, is projected to record 21.5% CAGR and reach US$22.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the PLA segment is readjusted to a revised 23% CAGR for the next 8-year period.The U.S. Market is Estimated at $4.4 Billion, While China is Forecast to Grow at 20.5% CAGR
The Biodegradable Plastics market in the U.S. is estimated at US$4.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11.8 Billion by the year 2030 trailing a CAGR of 20.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.4% and 17% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13% CAGR.Select Competitors (Total 62 Featured) -
- API S.P.A
- BASF SE
- Bio-Fed
- Biome Bioplastics
- Bio-On
- Carbiolice
- Clondalkin
- Danimer Scientific
- Fkur Kunststoff GmbH
- Green Dot Bioplastics
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Biodegradable Plastics - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Biodegradable Plastics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World 8-Year Perspective for Biodegradable Plastics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- Table 3: World Recent Past, Current & Future Analysis for PLA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 4: World 8-Year Perspective for PLA by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for PBS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 6: World 8-Year Perspective for PBS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for PBAT by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World 8-Year Perspective for PBAT by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 9: World Recent Past, Current & Future Analysis for PHA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 10: World 8-Year Perspective for PHA by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 11: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 12: World 8-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 13: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: World 8-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 15: World Recent Past, Current & Future Analysis for Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 16: World 8-Year Perspective for Packaging by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 17: World Recent Past, Current & Future Analysis for Consumer Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 18: World 8-Year Perspective for Consumer Goods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 19: World Biodegradable Plastics Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- Table 20: World Recent Past, Current & Future Analysis for Starch Blends by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 21: World 8-Year Perspective for Starch Blends by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 22: World Recent Past, Current & Future Analysis for Agriculture & Horticulture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 23: World 8-Year Perspective for Agriculture & Horticulture by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 24: World Recent Past, Current & Future Analysis for Textile by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 25: World 8-Year Perspective for Textile by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
UNITED STATES
- Biodegradable Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 26: USA Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: USA 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 28: USA Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: USA 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
CANADA
- Table 30: Canada Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 31: Canada 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 32: Canada Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: Canada 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
JAPAN
- Biodegradable Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 34: Japan Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 35: Japan 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 36: Japan Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 37: Japan 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
CHINA
- Biodegradable Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 38: China Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: China 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 40: China Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 41: China 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
EUROPE
- Biodegradable Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 42: Europe Recent Past, Current & Future Analysis for Biodegradable Plastics by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 43: Europe 8-Year Perspective for Biodegradable Plastics by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- Table 44: Europe Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Europe 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 46: Europe Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: Europe 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
FRANCE
- Biodegradable Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 48: France Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: France 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 50: France Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: France 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
GERMANY
- Biodegradable Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 52: Germany Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 53: Germany 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 54: Germany Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 55: Germany 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
ITALY
- Table 56: Italy Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Italy 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 58: Italy Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 59: Italy 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
UNITED KINGDOM
- Biodegradable Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 60: UK Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 61: UK 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 62: UK Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 63: UK 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
REST OF EUROPE
- Table 64: Rest of Europe Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 65: Rest of Europe 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 66: Rest of Europe Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 67: Rest of Europe 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
ASIA-PACIFIC
- Biodegradable Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 68: Asia-Pacific Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 69: Asia-Pacific 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 70: Asia-Pacific Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 71: Asia-Pacific 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
REST OF WORLD
- Table 72: Rest of World Recent Past, Current & Future Analysis for Biodegradable Plastics by Type - Starch Blends, PLA, PBS, PBAT, PHA and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 73: Rest of World 8-Year Perspective for Biodegradable Plastics by Type - Percentage Breakdown of Value Sales for Starch Blends, PLA, PBS, PBAT, PHA and Other Types for the Years 2023 & 2030
- Table 74: Rest of World Recent Past, Current & Future Analysis for Biodegradable Plastics by End-Use - Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 75: Rest of World 8-Year Perspective for Biodegradable Plastics by End-Use - Percentage Breakdown of Value Sales for Agriculture & Horticulture, Other End-Uses, Packaging, Consumer Goods and Textile for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- API S.P.A
- BASF SE
- Bio-Fed
- Biome Bioplastics
- Bio-On
- Carbiolice
- Clondalkin
- Danimer Scientific
- Fkur Kunststoff GmbH
- Green Dot Bioplastics
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 103 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 14.8 Billion |
Forecasted Market Value ( USD | $ 68.7 Billion |
Compound Annual Growth Rate | 21.2% |
Regions Covered | Global |