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Biodegradable Plastic-Global Market Insights and Sales Trends 2024
Synopsis
Biodegradable plastics are defined as plastics that undergo decomposition in a specified period of time under composting conditions in industrial facilities.
The global Biodegradable Plastic market size is expected to reach US$ 5392.4 million by 2029, growing at a CAGR of 8.6% from 2023 to 2029. The market is mainly driven by the significant applications of Biodegradable Plastic in various end use industries. The expanding demands from the Packaging, Textiles, Automotive and Agriculture, are propelling Biodegradable Plastic market. Polylactic Acid (PLA), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polybutylene Succinate (PBS) segment is estimated at % CAGR for the next seven-year period.
Biodegradable plastics are increasingly gaining popularity over the past decade. They are used in various applications, most importantly in packaging application. The biodegradable plastics market still accounts for less than 1% of the overall plastics market, but, with growing consumption, this trend is expected to change in the near future.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Biodegradable Plastic, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Biodegradable Plastic market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Biodegradable Plastic market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Biodegradable Plastic sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Biodegradable Plastic covered in this report include BASF, Mitsubishi Chemical, Kuraray, Corbion, Metabolix, NatureWorks, Biome Technologies, Bio-On SpA and Meredian Holdings Group, etc.
The global Biodegradable Plastic market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Mitsubishi Chemical
Kuraray
Corbion
Metabolix
NatureWorks
Biome Technologies
Bio-On SpA
Meredian Holdings Group
Tianan Biologic Materials
Global Biodegradable Plastic market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Biodegradable Plastic market, Segment by Type:
Polylactic Acid (PLA)
Polybutylene Succinate (PBS)
Polyhydroxyalkanoates (PHA)
Cellulose Derivatives
Others
Global Biodegradable Plastic market, by Application
Packaging
Textiles
Automotive
Agriculture
Construction
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Biodegradable Plastic manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Biodegradable Plastic in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Biodegradable plastics are defined as plastics that undergo decomposition in a specified period of time under composting conditions in industrial facilities.
The global Biodegradable Plastic market size is expected to reach US$ 5392.4 million by 2029, growing at a CAGR of 8.6% from 2023 to 2029. The market is mainly driven by the significant applications of Biodegradable Plastic in various end use industries. The expanding demands from the Packaging, Textiles, Automotive and Agriculture, are propelling Biodegradable Plastic market. Polylactic Acid (PLA), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polybutylene Succinate (PBS) segment is estimated at % CAGR for the next seven-year period.
Biodegradable plastics are increasingly gaining popularity over the past decade. They are used in various applications, most importantly in packaging application. The biodegradable plastics market still accounts for less than 1% of the overall plastics market, but, with growing consumption, this trend is expected to change in the near future.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Biodegradable Plastic, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Biodegradable Plastic market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Biodegradable Plastic market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Biodegradable Plastic sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Biodegradable Plastic covered in this report include BASF, Mitsubishi Chemical, Kuraray, Corbion, Metabolix, NatureWorks, Biome Technologies, Bio-On SpA and Meredian Holdings Group, etc.
The global Biodegradable Plastic market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Mitsubishi Chemical
Kuraray
Corbion
Metabolix
NatureWorks
Biome Technologies
Bio-On SpA
Meredian Holdings Group
Tianan Biologic Materials
Global Biodegradable Plastic market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Biodegradable Plastic market, Segment by Type:
Polylactic Acid (PLA)
Polybutylene Succinate (PBS)
Polyhydroxyalkanoates (PHA)
Cellulose Derivatives
Others
Global Biodegradable Plastic market, by Application
Packaging
Textiles
Automotive
Agriculture
Construction
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Biodegradable Plastic manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Biodegradable Plastic in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Biodegradable Plastic Market Overview
1.1 Biodegradable Plastic Product Overview
1.2 Biodegradable Plastic Market Segment by Type
1.2.1 Polylactic Acid (PLA)
1.2.2 Polybutylene Succinate (PBS)
1.2.3 Polyhydroxyalkanoates (PHA)
1.2.4 Cellulose Derivatives
1.2.5 Others
1.3 Global Biodegradable Plastic Market Size by Type
1.3.1 Global Biodegradable Plastic Market Size Overview by Type (2018-2029)
1.3.2 Global Biodegradable Plastic Historic Market Size Review by Type (2018-2023)
1.3.3 Global Biodegradable Plastic Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Biodegradable Plastic Sales Breakdown by Type (2018-2023)
1.4.2 Europe Biodegradable Plastic Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Biodegradable Plastic Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Biodegradable Plastic Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Biodegradable Plastic Sales Breakdown by Type (2018-2023)
2 Global Biodegradable Plastic Market Competition by Company
2.1 Global Top Players by Biodegradable Plastic Sales (2018-2023)
2.2 Global Top Players by Biodegradable Plastic Revenue (2018-2023)
2.3 Global Top Players by Biodegradable Plastic Price (2018-2023)
2.4 Global Top Manufacturers Biodegradable Plastic Manufacturing Base Distribution, Sales Area, Product Type
2.5 Biodegradable Plastic Market Competitive Situation and Trends
2.5.1 Biodegradable Plastic Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Biodegradable Plastic Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Biodegradable Plastic as of 2022)
2.7 Date of Key Manufacturers Enter into Biodegradable Plastic Market
2.8 Key Manufacturers Biodegradable Plastic Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Biodegradable Plastic Status and Outlook by Region
3.1 Global Biodegradable Plastic Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Biodegradable Plastic Historic Market Size by Region
3.2.1 Global Biodegradable Plastic Sales in Volume by Region (2018-2023)
3.2.2 Global Biodegradable Plastic Sales in Value by Region (2018-2023)
3.2.3 Global Biodegradable Plastic Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Biodegradable Plastic Forecasted Market Size by Region
3.3.1 Global Biodegradable Plastic Sales in Volume by Region (2024-2029)
3.3.2 Global Biodegradable Plastic Sales in Value by Region (2024-2029)
3.3.3 Global Biodegradable Plastic Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Biodegradable Plastic by Application
4.1 Biodegradable Plastic Market Segment by Application
4.1.1 Packaging
4.1.2 Textiles
4.1.3 Automotive
4.1.4 Agriculture
4.1.5 Construction
4.1.6 Others
4.2 Global Biodegradable Plastic Market Size by Application
4.2.1 Global Biodegradable Plastic Market Size Overview by Application (2018-2029)
4.2.2 Global Biodegradable Plastic Historic Market Size Review by Application (2018-2023)
4.2.3 Global Biodegradable Plastic Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Biodegradable Plastic Sales Breakdown by Application (2018-2023)
4.3.2 Europe Biodegradable Plastic Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Biodegradable Plastic Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Biodegradable Plastic Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Biodegradable Plastic Sales Breakdown by Application (2018-2023)
5 North America Biodegradable Plastic by Country
5.1 North America Biodegradable Plastic Historic Market Size by Country
5.1.1 North America Biodegradable Plastic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Biodegradable Plastic Sales in Volume by Country (2018-2023)
5.1.3 North America Biodegradable Plastic Sales in Value by Country (2018-2023)
5.2 North America Biodegradable Plastic Forecasted Market Size by Country
5.2.1 North America Biodegradable Plastic Sales in Volume by Country (2024-2029)
5.2.2 North America Biodegradable Plastic Sales in Value by Country (2024-2029)
6 Europe Biodegradable Plastic by Country
6.1 Europe Biodegradable Plastic Historic Market Size by Country
6.1.1 Europe Biodegradable Plastic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Biodegradable Plastic Sales in Volume by Country (2018-2023)
6.1.3 Europe Biodegradable Plastic Sales in Value by Country (2018-2023)
6.2 Europe Biodegradable Plastic Forecasted Market Size by Country
6.2.1 Europe Biodegradable Plastic Sales in Volume by Country (2024-2029)
6.2.2 Europe Biodegradable Plastic Sales in Value by Country (2024-2029)
7 Asia-Pacific Biodegradable Plastic by Region
7.1 Asia-Pacific Biodegradable Plastic Historic Market Size by Region
7.1.1 Asia-Pacific Biodegradable Plastic Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Biodegradable Plastic Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Biodegradable Plastic Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Biodegradable Plastic Forecasted Market Size by Region
7.2.1 Asia-Pacific Biodegradable Plastic Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Biodegradable Plastic Sales in Value by Region (2024-2029)
8 Latin America Biodegradable Plastic by Country
8.1 Latin America Biodegradable Plastic Historic Market Size by Country
8.1.1 Latin America Biodegradable Plastic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Biodegradable Plastic Sales in Volume by Country (2018-2023)
8.1.3 Latin America Biodegradable Plastic Sales in Value by Country (2018-2023)
8.2 Latin America Biodegradable Plastic Forecasted Market Size by Country
8.2.1 Latin America Biodegradable Plastic Sales in Volume by Country (2024-2029)
8.2.2 Latin America Biodegradable Plastic Sales in Value by Country (2024-2029)
9 Middle East and Africa Biodegradable Plastic by Country
9.1 Middle East and Africa Biodegradable Plastic Historic Market Size by Country
9.1.1 Middle East and Africa Biodegradable Plastic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Biodegradable Plastic Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Biodegradable Plastic Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Biodegradable Plastic Forecasted Market Size by Country
9.2.1 Middle East and Africa Biodegradable Plastic Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Biodegradable Plastic Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Biodegradable Plastic Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Biodegradable Plastic Products Offered
10.1.5 BASF Recent Development
10.2 Mitsubishi Chemical
10.2.1 Mitsubishi Chemical Company Information
10.2.2 Mitsubishi Chemical Introduction and Business Overview
10.2.3 Mitsubishi Chemical Biodegradable Plastic Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Mitsubishi Chemical Biodegradable Plastic Products Offered
10.2.5 Mitsubishi Chemical Recent Development
10.3 Kuraray
10.3.1 Kuraray Company Information
10.3.2 Kuraray Introduction and Business Overview
10.3.3 Kuraray Biodegradable Plastic Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Kuraray Biodegradable Plastic Products Offered
10.3.5 Kuraray Recent Development
10.4 Corbion
10.4.1 Corbion Company Information
10.4.2 Corbion Introduction and Business Overview
10.4.3 Corbion Biodegradable Plastic Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Corbion Biodegradable Plastic Products Offered
10.4.5 Corbion Recent Development
10.5 Metabolix
10.5.1 Metabolix Company Information
10.5.2 Metabolix Introduction and Business Overview
10.5.3 Metabolix Biodegradable Plastic Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Metabolix Biodegradable Plastic Products Offered
10.5.5 Metabolix Recent Development
10.6 NatureWorks
10.6.1 NatureWorks Company Information
10.6.2 NatureWorks Introduction and Business Overview
10.6.3 NatureWorks Biodegradable Plastic Sales, Revenue and Gross Margin (2018-2023)
10.6.4 NatureWorks Biodegradable Plastic Products Offered
10.6.5 NatureWorks Recent Development
10.7 Biome Technologies
10.7.1 Biome Technologies Company Information
10.7.2 Biome Technologies Introduction and Business Overview
10.7.3 Biome Technologies Biodegradable Plastic Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Biome Technologies Biodegradable Plastic Products Offered
10.7.5 Biome Technologies Recent Development
10.8 Bio-On SpA
10.8.1 Bio-On SpA Company Information
10.8.2 Bio-On SpA Introduction and Business Overview
10.8.3 Bio-On SpA Biodegradable Plastic Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bio-On SpA Biodegradable Plastic Products Offered
10.8.5 Bio-On SpA Recent Development
10.9 Meredian Holdings Group
10.9.1 Meredian Holdings Group Company Information
10.9.2 Meredian Holdings Group Introduction and Business Overview
10.9.3 Meredian Holdings Group Biodegradable Plastic Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Meredian Holdings Group Biodegradable Plastic Products Offered
10.9.5 Meredian Holdings Group Recent Development
10.10 Tianan Biologic Materials
10.10.1 Tianan Biologic Materials Company Information
10.10.2 Tianan Biologic Materials Introduction and Business Overview
10.10.3 Tianan Biologic Materials Biodegradable Plastic Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Tianan Biologic Materials Biodegradable Plastic Products Offered
10.10.5 Tianan Biologic Materials Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Biodegradable Plastic Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Biodegradable Plastic Industrial Chain Analysis
11.4 Biodegradable Plastic Market Dynamics
11.4.1 Biodegradable Plastic Industry Trends
11.4.2 Biodegradable Plastic Market Drivers
11.4.3 Biodegradable Plastic Market Challenges
11.4.4 Biodegradable Plastic Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Biodegradable Plastic Distributors
12.3 Biodegradable Plastic Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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