Biodegradable plastic is a type of plant based plastic with no hazardous effects on environment. This plastic degrades naturally in base compounds in reasonable amount of time. Hence it is known as biodegradable plastic. Biodegradable plastic is made up of molecules which can break down naturally by the action of micro-organisms. It is divided into various types such as PLA (Polylactic Acid) PBAT (Polybutylene Adipate Terephthalate), PBS (POLYBUTYLENE SUCCINATE), PHA (POLYHYDROXYALKANOATES), Starch Blends, and Others
Stringent regulations of government on the use of single use plastic coupled with increase in awareness among the people regarding ill -effects of plastic waste considered as the key driving factor which is expected to boost the global biodegradable plastic market growth. Furthermore, increase in use of biodegradable plastic in packaging as well as agricultural industry will positively contribute the market growth. Global biodegradable plastic market is in the inductor phase of industry life cycle and which is expected to explore the new opportunities in next few years. Recently, industry trends are shifting towards bio-based products to reduce dependence on conventional plastic which is expected to propel the market growth during this analysis period.
However, higher cost of biodegradable plastics than conventional plastic is the major challenging factor which is expected to hinder the global biodegradable market growth during this forecast period.
Global Biodegradable Plastic Market is segmented into type such as PLA (Polylactic Acid) PBAT (Polybutylene Adipate Terephthalate),PBS (POLYBUTYLENE SUCCINATE), PHA (POLYHYDROXYALKANOATES), Starch Blends, and Others. Further, market is segmented into application such as Packaging, Agriculture, Consumer Durable, Textile, and Others.
Also, Global Biodegradable Plastic Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as BASF SE, Natureworks, Total Corbion PLA, Mitsubishi Chemical Corporation, Biome Bioplastics, Plantic Technologies, Bio-On, Danimer Scientific, and Novamont S.P.A.
Type PLA (Polylactic Acid) PBAT (Polybutylene Adipate Terephthalate) PBS (POLYBUTYLENE SUCCINATE) PHA (POLYHYDROXYALKANOATES) Starch Blends Others By Application Packaging Agriculture Consumer Durable Textile Others
North America
Latin America
Europe Asia Pacific
Middle East & Africa
Opportunities in Global Biodegradable Plastic Market?
What will be the growth rate from 2019 to 2030?
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
What are the strategies adopted by key players?
Global Biodegradable Plastic Market 1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary 4 Global Biodegradable Plastic Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Biodegradable Plastic Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Biodegradable Plastic Market Share Analysis, By Type
5.3 Global Biodegradable Plastic Market Size and Forecast, By Type
5.3.1 PLA (Polylactic Acid)
5.3.2 PBAT (Polybutylene Adipate Terephthalate)
5.3.3.PBS(Polybutylene Succinate)
5.3.4.PHA (POLYHYDROXYALKANOATES)
5.3.5.Starch Blends
5.3.6 Others
6 Global Biodegradable Plastic Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Biodegradable Plastic Market Share Analysis, By Application
6.3 Global Biodegradable Plastic Market Size and Forecast, By Application
6.3.1 Packaging
6.3.2 Agriculture
6.3.3 Consumer Durable
6.3.4 Textile
6.3.5Others
7Global Biodegradable Plastic Market, By Region
7.1 Global Biodegradable Plastic Market Share Analysis, By Region
7.2 Global Biodegradable Plastic Market Share Analysis, By Region
7.3 Global Biodegradable Plastic Market Size and Forecast, By Region
8North America Biodegradable Plastic Market Analysis and Forecast (2020 – 2030)
8.1 Introduction
8.2 North America Biodegradable Plastic Market Share Analysis, By Type
8.3 North America Biodegradable Plastic Market Size and Forecast, By Application
8.4 North America Biodegradable Plastic Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Biodegradable Plastic Market Analysis and Forecast (2020 – 2030)
9.1 Introduction
9.2 Europe Biodegradable Plastic Market Share Analysis, By Type
9.3 Europe Biodegradable Plastic Market Size and Forecast, By Application
9.4 Europe Biodegradable Plastic Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Biodegradable Plastic Market Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 Asia Pacific Biodegradable Plastic Market Share Analysis, By Type
10.3 Asia Pacific Biodegradable Plastic Market Size and Forecast, By Application
10.4 Asia Pacific Biodegradable Plastic Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Biodegradable Plastic Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Latin America Biodegradable Plastic Market Share Analysis, By Type
11.3 Latin America Biodegradable Plastic Market Size and Forecast, By Application
11.4 Latin America Biodegradable Plastic Market Size and Forecast, By Country
12Middle East Biodegradable Plastic Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Middle East Biodegradable Plastic Market Share Analysis, By Type
12.3 Middle East Biodegradable Plastic Market Size and Forecast, By Application
12.4 Middle East Biodegradable Plastic Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles 15.1 BASF SE
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Natureworks
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Total Corbion PLA
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Mitsubishi Chemical Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Biome Bioplastics
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Plantic Technologies
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. Danimer Scientific
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Novamont S.P.A.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
