Biodegradable Plastics Market is forecasted to value over USD 29.5 billion by 2028 end and register a CAGR of 24.8% from the forecast period 2021-2028
The report on Biodegradable Plastics Market by Future Market Analytics consists of the market trends like the regularization of the usage of renewable energy resources, digitization of the chemical industry, etc. that have the potential of transforming the market growth. Furthermore, the report includes insightful data points on the overall Biodegradable Plastics Market share, the impact of the market on the tech and commercial industry for the real-time process refinement and business expansion, revenue management, etc. The report also includes the competitive landscape ranging from key market players to new entrants and their SWOT analysis along with the geographical analysis of regions such as North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
With the assistance of the latest market research methodologies, the market analysts at Future Market Analytics have estimated that the Biodegradable Plastics Market is anticipated to attain significant augmentation within the forecasted timeframe. The report includes insights regarding the Biodegradable Plastics Market size and the current market valuation coupled with detailed information on the market segmentation and the available growth opportunities in the business vertical.
Major players included in the Biodegradable Plastics Market:
• BASF
• Natureworks
• Novamont
• Total Corbion
• Biome Bioplastics
• Danimer Scientific
• Fkur Kunstsoff
• Mitsubishi Chemical Holdings Corporation
• Plantic Technologies
• Toray Industries
• Akro-plastic
• Agrana
• Bio-on
• Carbiolice
• Futerro
• Green Dot Bioplastics
• Eastman Chemical Company
• Ingevity
• PTT MCC Biochem
• Sphere
(Note: The list of the major players will be updated with the latest market scenario and trends)
Biodegradable Plastics Market Segmentation:
By Type
• Polylactic Acid (PLA)
• Starch Blends
• Polyhydroxyalkanoates (PHA)
• Biodegradable Polyesters
o Polycaprolactone (PCL)
o Polybutylene Adipate Terephthalate (PBAT)
o Polybutylene Succinate (PBS)
• Others
o Regenerative Cellulose
o Cellulose Derivatives
By End-Use Industry
• Packaging
o Flexible Packaging
• Bags
• Pouches
• Films And Roll Stocks
• Others
o Rigid Packaging
• Bottles And Jars
• Trays
• Tubs
• Caps And Closures
• Others
• Consumer Goods
o Electrical Appliances
o Domestic Appliances
o Others
• Textile
o Medical & Healthcare Textiles
o Personal Care, Clothes, and Other Textiles
• Agriculture & Horticulture
o Tapes & Mulch Films
o Others
• Others
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Biodegradable Plastics Market Competitive Analysis:
• Tier-1 Players
• Tier-2 Players
• Emerging Players
• New Entrants
Future Market Analytics Focus Points:
• SWOT Analysis
• Key Market Trends
• Key Data -Points Affecting Market Growth
• Revenue and Forecast Analysis
• Growth Opportunities For New Entrants and Emerging Players
• Key Player and Market Growth Matrix
Objectives of the Study:
• To provide a comprehensive analysis on the Biodegradable Plastics Market By Type, By End-Use Industry and By Region
• To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
• To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
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