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Biodegradable Polymers-Global Market Insights and Sales Trends 2024
Synopsis
Biodegradable polymers are the degradable inorganic molecules. They can be either natural or synthetic and can be made of either ester, amide or ether. They find use in many industries such as pharmaceuticals, agriculture, packaging etc.
The global Biodegradable Polymers market size is expected to reach US$ 2073.4 million by 2029, growing at a CAGR of 6.7% from 2023 to 2029. The market is mainly driven by the significant applications of Biodegradable Polymers in various end use industries. The expanding demands from the Pharmaceutical, Agricultural, Biomedical and Packaging, are propelling Biodegradable Polymers market. Synthetic Biodegradable Polymers, 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 Natural Biodegradable Polymers segment is estimated at % CAGR for the next seven-year period.
One of the key factors driving the growth of this market is the rise in enhanced consumer appeal to eco-friendly packaging. As consumer focus is changing towards healthier living, the demand for a natural, sustainable, and green product is also increasing. This shift in consumer behavior has compelled the major plastics manufacturers and packaging vendors to explore the possibilities of biodegradable polymers. Moreover, the need to conform with government regulations is forcing vendors to focus on manufacturing biodegradable polymers and promote the products that have sustainable components in the export market. It has also been observed that consumers prefer sustainable options for plastic bags and food packaging. The leaders in the global biodegradable polymers market are North America and Asia Pacific that includes China and Japan. Owing to consumer awareness regarding the use of renewable polymers, Europe has emerged as the leading market for biodegradable polymers. North America is expected to grow considerably during the forecast period, due to the consumer shift and rising crude oil prices. The report mentions that during the forecast horizon, Asia Pacific is estimated to witness rapid growth, with countries such as China and Japan evolving as major markets for biodegradable polymers.
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 Polymers, 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 Polymers 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 Polymers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Biodegradable Polymers 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 Polymers covered in this report include Arkema, BASF, NatureWorks, Novamont and Plantic, etc.
The global Biodegradable Polymers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Arkema
BASF
NatureWorks
Novamont
Plantic
Global Biodegradable Polymers 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 Polymers market, Segment by Type:
Synthetic Biodegradable Polymers
Natural Biodegradable Polymers
Global Biodegradable Polymers market, by Application
Pharmaceutical
Agricultural
Biomedical
Packaging
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 Polymers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Biodegradable Polymers 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 polymers are the degradable inorganic molecules. They can be either natural or synthetic and can be made of either ester, amide or ether. They find use in many industries such as pharmaceuticals, agriculture, packaging etc.
The global Biodegradable Polymers market size is expected to reach US$ 2073.4 million by 2029, growing at a CAGR of 6.7% from 2023 to 2029. The market is mainly driven by the significant applications of Biodegradable Polymers in various end use industries. The expanding demands from the Pharmaceutical, Agricultural, Biomedical and Packaging, are propelling Biodegradable Polymers market. Synthetic Biodegradable Polymers, 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 Natural Biodegradable Polymers segment is estimated at % CAGR for the next seven-year period.
One of the key factors driving the growth of this market is the rise in enhanced consumer appeal to eco-friendly packaging. As consumer focus is changing towards healthier living, the demand for a natural, sustainable, and green product is also increasing. This shift in consumer behavior has compelled the major plastics manufacturers and packaging vendors to explore the possibilities of biodegradable polymers. Moreover, the need to conform with government regulations is forcing vendors to focus on manufacturing biodegradable polymers and promote the products that have sustainable components in the export market. It has also been observed that consumers prefer sustainable options for plastic bags and food packaging. The leaders in the global biodegradable polymers market are North America and Asia Pacific that includes China and Japan. Owing to consumer awareness regarding the use of renewable polymers, Europe has emerged as the leading market for biodegradable polymers. North America is expected to grow considerably during the forecast period, due to the consumer shift and rising crude oil prices. The report mentions that during the forecast horizon, Asia Pacific is estimated to witness rapid growth, with countries such as China and Japan evolving as major markets for biodegradable polymers.
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 Polymers, 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 Polymers 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 Polymers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Biodegradable Polymers 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 Polymers covered in this report include Arkema, BASF, NatureWorks, Novamont and Plantic, etc.
The global Biodegradable Polymers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Arkema
BASF
NatureWorks
Novamont
Plantic
Global Biodegradable Polymers 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 Polymers market, Segment by Type:
Synthetic Biodegradable Polymers
Natural Biodegradable Polymers
Global Biodegradable Polymers market, by Application
Pharmaceutical
Agricultural
Biomedical
Packaging
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 Polymers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Biodegradable Polymers 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 Polymers Market Overview
1.1 Biodegradable Polymers Product Overview
1.2 Biodegradable Polymers Market Segment by Type
1.2.1 Synthetic Biodegradable Polymers
1.2.2 Natural Biodegradable Polymers
1.3 Global Biodegradable Polymers Market Size by Type
1.3.1 Global Biodegradable Polymers Market Size Overview by Type (2018-2029)
1.3.2 Global Biodegradable Polymers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Biodegradable Polymers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Biodegradable Polymers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Biodegradable Polymers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Biodegradable Polymers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Biodegradable Polymers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Biodegradable Polymers Sales Breakdown by Type (2018-2023)
2 Global Biodegradable Polymers Market Competition by Company
2.1 Global Top Players by Biodegradable Polymers Sales (2018-2023)
2.2 Global Top Players by Biodegradable Polymers Revenue (2018-2023)
2.3 Global Top Players by Biodegradable Polymers Price (2018-2023)
2.4 Global Top Manufacturers Biodegradable Polymers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Biodegradable Polymers Market Competitive Situation and Trends
2.5.1 Biodegradable Polymers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Biodegradable Polymers 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 Polymers as of 2022)
2.7 Date of Key Manufacturers Enter into Biodegradable Polymers Market
2.8 Key Manufacturers Biodegradable Polymers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Biodegradable Polymers Status and Outlook by Region
3.1 Global Biodegradable Polymers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Biodegradable Polymers Historic Market Size by Region
3.2.1 Global Biodegradable Polymers Sales in Volume by Region (2018-2023)
3.2.2 Global Biodegradable Polymers Sales in Value by Region (2018-2023)
3.2.3 Global Biodegradable Polymers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Biodegradable Polymers Forecasted Market Size by Region
3.3.1 Global Biodegradable Polymers Sales in Volume by Region (2024-2029)
3.3.2 Global Biodegradable Polymers Sales in Value by Region (2024-2029)
3.3.3 Global Biodegradable Polymers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Biodegradable Polymers by Application
4.1 Biodegradable Polymers Market Segment by Application
4.1.1 Pharmaceutical
4.1.2 Agricultural
4.1.3 Biomedical
4.1.4 Packaging
4.1.5 Others
4.2 Global Biodegradable Polymers Market Size by Application
4.2.1 Global Biodegradable Polymers Market Size Overview by Application (2018-2029)
4.2.2 Global Biodegradable Polymers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Biodegradable Polymers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Biodegradable Polymers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Biodegradable Polymers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Biodegradable Polymers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Biodegradable Polymers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Biodegradable Polymers Sales Breakdown by Application (2018-2023)
5 North America Biodegradable Polymers by Country
5.1 North America Biodegradable Polymers Historic Market Size by Country
5.1.1 North America Biodegradable Polymers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Biodegradable Polymers Sales in Volume by Country (2018-2023)
5.1.3 North America Biodegradable Polymers Sales in Value by Country (2018-2023)
5.2 North America Biodegradable Polymers Forecasted Market Size by Country
5.2.1 North America Biodegradable Polymers Sales in Volume by Country (2024-2029)
5.2.2 North America Biodegradable Polymers Sales in Value by Country (2024-2029)
6 Europe Biodegradable Polymers by Country
6.1 Europe Biodegradable Polymers Historic Market Size by Country
6.1.1 Europe Biodegradable Polymers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Biodegradable Polymers Sales in Volume by Country (2018-2023)
6.1.3 Europe Biodegradable Polymers Sales in Value by Country (2018-2023)
6.2 Europe Biodegradable Polymers Forecasted Market Size by Country
6.2.1 Europe Biodegradable Polymers Sales in Volume by Country (2024-2029)
6.2.2 Europe Biodegradable Polymers Sales in Value by Country (2024-2029)
7 Asia-Pacific Biodegradable Polymers by Region
7.1 Asia-Pacific Biodegradable Polymers Historic Market Size by Region
7.1.1 Asia-Pacific Biodegradable Polymers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Biodegradable Polymers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Biodegradable Polymers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Biodegradable Polymers Forecasted Market Size by Region
7.2.1 Asia-Pacific Biodegradable Polymers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Biodegradable Polymers Sales in Value by Region (2024-2029)
8 Latin America Biodegradable Polymers by Country
8.1 Latin America Biodegradable Polymers Historic Market Size by Country
8.1.1 Latin America Biodegradable Polymers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Biodegradable Polymers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Biodegradable Polymers Sales in Value by Country (2018-2023)
8.2 Latin America Biodegradable Polymers Forecasted Market Size by Country
8.2.1 Latin America Biodegradable Polymers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Biodegradable Polymers Sales in Value by Country (2024-2029)
9 Middle East and Africa Biodegradable Polymers by Country
9.1 Middle East and Africa Biodegradable Polymers Historic Market Size by Country
9.1.1 Middle East and Africa Biodegradable Polymers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Biodegradable Polymers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Biodegradable Polymers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Biodegradable Polymers Forecasted Market Size by Country
9.2.1 Middle East and Africa Biodegradable Polymers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Biodegradable Polymers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Arkema
10.1.1 Arkema Company Information
10.1.2 Arkema Introduction and Business Overview
10.1.3 Arkema Biodegradable Polymers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Arkema Biodegradable Polymers Products Offered
10.1.5 Arkema Recent Development
10.2 BASF
10.2.1 BASF Company Information
10.2.2 BASF Introduction and Business Overview
10.2.3 BASF Biodegradable Polymers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BASF Biodegradable Polymers Products Offered
10.2.5 BASF Recent Development
10.3 NatureWorks
10.3.1 NatureWorks Company Information
10.3.2 NatureWorks Introduction and Business Overview
10.3.3 NatureWorks Biodegradable Polymers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 NatureWorks Biodegradable Polymers Products Offered
10.3.5 NatureWorks Recent Development
10.4 Novamont
10.4.1 Novamont Company Information
10.4.2 Novamont Introduction and Business Overview
10.4.3 Novamont Biodegradable Polymers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Novamont Biodegradable Polymers Products Offered
10.4.5 Novamont Recent Development
10.5 Plantic
10.5.1 Plantic Company Information
10.5.2 Plantic Introduction and Business Overview
10.5.3 Plantic Biodegradable Polymers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Plantic Biodegradable Polymers Products Offered
10.5.5 Plantic Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Biodegradable Polymers 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 Polymers Industrial Chain Analysis
11.4 Biodegradable Polymers Market Dynamics
11.4.1 Biodegradable Polymers Industry Trends
11.4.2 Biodegradable Polymers Market Drivers
11.4.3 Biodegradable Polymers Market Challenges
11.4.4 Biodegradable Polymers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Biodegradable Polymers Distributors
12.3 Biodegradable Polymers 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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