The report on the global biodegradable plastics market provides qualitative and quantitative analysis for the period from 2022-2032. The global biodegradable plastics market was valued at USD 6.53 billion in 2023 and is expected to reach USD 31.18 billion in 2032, with a CAGR of 19.98% during the forecast period 2024-2032. The study on biodegradable plastics market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2022-2032.
The report on biodegradable plastics market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global biodegradable plastics market over the period of 2022-2032. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global biodegradable plastics market over the period of 2022-2032. Furthermore, the growth matrix given in the report brings an insight into the investment areas that existing or new market players can consider.
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
2. Complete coverage of all the segments in the biodegradable plastics market to analyze the trends, developments in the global market and forecast of market size up to 2032.
3. Comprehensive analysis of the companies operating in the global biodegradable plastics market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
The report on biodegradable plastics market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global biodegradable plastics market over the period of 2022-2032. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global biodegradable plastics market over the period of 2022-2032. Furthermore, the growth matrix given in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
- Stringent government regulations and bans on single-use plastics are driving the biodegradable plastics market.
- Rising consumer demand for sustainable and eco-friendly packaging is significantly boosting the biodegradable plastics market.
2) Restraints
- High production costs compared to conventional plastics are restraining the biodegradable plastics market.
3) Opportunities
- Advancements in biodegradable polymer technology are creating lucrative opportunities for the market.
Research Methodology
A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
The primary research respondents typically include
1. Executives working with leading companies in the market under review2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.The secondary sources of the data typically include
1. Company reports and publications2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global biodegradable plastics market is segmented on the basis of type, and end-use industry.The Global Biodegradable Plastics Market by Type
- Starch-based
- Polylactic Acid (PLA)
- Polybutylene Adipate Terephthalate (PBAT)
- Polybutylene Succinate (PBS)
- Polyhydroxyalkanoates (PHA)
- Others
The Global Biodegradable Plastics Market by End-use Industry
- Packaging
- Consumer Goods
- Textile
- Agriculture
- Injection Molding
- Others
Company Profiles
The companies covered in the report include
- TotalEnergies Corbion
- Cargill, Incorporated
- BASF
- NatureWorks LLC
- Danimer Scientific
- FKuR Kunststoff GmbH
- Natur-Tec® (NTIC)
- Novamont S.p.A.
- PTT MCC BIOCHEM CO., LTD.
- Eastman Chemical Company
What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the biodegradable plastics market.2. Complete coverage of all the segments in the biodegradable plastics market to analyze the trends, developments in the global market and forecast of market size up to 2032.
3. Comprehensive analysis of the companies operating in the global biodegradable plastics market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Table of Contents
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global Biodegradable Plastics Market Overview
Chapter 5. Company Profiles and Competitive Landscape
Chapter 6. Global Biodegradable Plastics Market by Type
Chapter 7. Global Biodegradable Plastics Market by End-use Industry
Chapter 8. Global Biodegradable Plastics Market by Region 2024-2032
