Global Biodegradable Plastics Market 2023-2030-By Product Type (Polylactic Acid, Polyhydroxyalkanoate, Starch Blends, Biodegradable Polymers, and Others); By application (Building and Construction, Electronics and Appliances, Food and Beverage, Food Serviceware, 3D Printing, and Others); By Geography (APAC, Americas, Europe, and MEA).
Global Biodegradable Plastics Market 2023-2030
DESCRIPTION
Market Intelligence Summary
According to WDO Consulting, the Biodegradable Plastics market was valued at $XX million in 2023, which is expected to reach $XX Million by 2030, growing at a compound annual growth rate (CAGR) of XX% during 2023-2030. The demand for biodegradable plastics can be attributed to several factors, including increased environmental awareness, development of new biodegradable plastic materials, rising consumer interest in eco-friendly products, growing popularity of composting and other sustainable waste management practices, and government regulations and bans on single-use plastics.
Global Biodegradable Plastics Market Research Report Coverage (2023-2030)
| Report coverage | Details | |
|---|---|---|
| Base year | 2023 | |
| Forecast year | 2030 | |
| Unit shipment | Million metric tons | |
| Revenue | USD million | |
| By product type (Million metric tons & USD million) |
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| By application (Million metric tons and USD million) |
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| By geography(Million metric tons and USD million) |
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| Market players coverage (Top 5 players market share) |
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Market Dynamics: Key drivers, trends, and challenges
- Key market drivers
- Government regulations and bans on single-use plastics
- Increased environmental awareness
- Development of new biodegradable plastic materials
- Key market trends
- Expanding applications of biodegradable plastics in various industries
- Rising consumer interest in eco-friendly products
- Growing popularity of composting and other sustainable waste management practices
- Key market challenges
- High cost of manufacturing biodegradable plastics
- Limited availability of biodegradable plastics
- Lack of standardization
Key questions to be answered
1. What is the current market size of biodegradable plastics, and what is its growth potential over the next five years?
2. What is the Compound Annual Growth Rate (CAGR) of the biodegradable plastics market?
3. What is the unit shipment of biodegradable plastics in 2023, and what does the demand look like in the next five years?
4. Which are the key segments covered in the biodegradable plastics market, and which segments are experiencing the fastest growth?
5. Which geographical region offers the highest growth opportunities in the biodegradable plastics market?
6. How is the competitive landscape evolving, and who are the key players in the biodegradable plastics market?
7. Who are the top five players in the biodegradable plastics market, and what is their respective market share?
TABLE OF CONTENTS
- 1. Project scope
- 1.1 Market definition
- 1.2 Study objective
- 1.3 Scope inclusions
- 1.4 Scope exclusions
- 1.5 Assumptions
- 1.6 Limitations
- 2. Executive summary
- 2.1 Key findings of the study
- 2.2 Key insights from industry experts
- 2.3 Analyst opinion
- 3. Research methodology
- 3.1 Supply-side research methodology
- 3.2 Demand-side research methodology
- 4. Market dynamics
- 4.1 Trends
- 4.2 Drivers
- 4.3 Challenges
- 4.4 Ecosystem
- 4.5 Use cases
- 5. Market developments
- 5.1 Macroeconomic factors
- 5.1.1 Currency fluctuations
- 5.1.2 Supply chain disruptions
- 5.1.3 Government regulations
- 5.1.4 Others
- 5.2 Microeconomic factors
- 5.2.1 Technological advancements
- 5.1 Macroeconomic factors
- 6. Biodegradable plastics market size and forecast, by charging modes
- 6.1 Volume and revenue 2023-2030 (Million metric tons and USD million)
- 6.1.1 Polylactic acid (PLA)
- 6.1.2 Starch blends
- 6.1.3 Biodegradable polymers
- 6.1.3.1 PBS
- 6.1.3.2 PBAT
- 6.1.3.3 PHAs
- 6.1.3.4 Others (PVOH, PPC, and PCL)
- 6.2 Revenue 2023-2030 (USD million)
- 6.2.1 Polylactic acid (PLA)
- 6.2.2 Starch blends
- 6.2.3 Biodegradable polymers
- 6.2.3.1 PBS
- 6.2.3.2 PBAT
- 6.2.3.3 PHAs
- 6.2.3.4 Others (PVOH, PPC, and PCL)
- 6.1 Volume and revenue 2023-2030 (Million metric tons and USD million)
- 7. Biodegradable plastics market size and forecast, by application
- 7.1 Volume 2023-2030 (Million metric tons)
- 7.1.1 Building and construction
- 7.1.2 Electronics and appliances
- 7.1.3 Food and beverage
- 7.1.4 Food serviceware
- 7.1.5 3D Printing
- 7.1.6 Others
- 7.2 Revenue 2023-2030 (USD million)
- 7.2.1 Building and construction
- 7.2.2 Electronics and appliances
- 7.2.3 Food and beverage
- 7.2.4 Food serviceware
- 7.2.5 3D Printing
- 7.2.6 Others
- 7.1 Volume 2023-2030 (Million metric tons)
- 8. Biodegradable plastics market size and forecast, by geography
- 8.1 Americas
- 8.1.1 US
- 8.1.2 Canada
- 8.1.3 Mexico
- 8.1.4 Brazil
- 8.1.5 Argentina
- 8.1.6 Rest of Americas
- 8.2 Europe
- 8.2.1 Germany
- 8.2.2 UK
- 8.2.3 France
- 8.2.4 Italy
- 8.2.5 Netherlands
- 8.2.6 Nordic countries (Sweden, Norway, Denmark, Finland)
- 8.2.7 Rest of Europe
- 8.3 APAC
- 8.3.1 China
- 8.3.2 Japan
- 8.3.3 India
- 8.3.4 South Korea
- 8.3.5 Rest of APAC
- 8.4 MEA
- 8.4.1 UAE
- 8.4.2 Saudi Arabia
- 8.4.3 Qatar
- 8.4.4 Rest of Middle East
- 8.4.3 Africa
- 8.1 Americas
- 9. Competitive scenario
- 9.1 Market concentration
- 9.2 Top five companies market share 2023
- 9.3 Key strategies
- 9.4 Key investments
- 10. Company profiles
- 10.1 Asahi Kasei
- 10.1.1 Business Overview
- 10.1.2 Product Portfolio
- 10.1.3 Key Developments
- 10.2 BASF
- 10.2.1 Business Overview
- 10.2.2 Product Portfolio
- 10.2.3 Key Developments
- 10.3 BEWI
- 10.3.1 Business Overview
- 10.3.2 Product Portfolio
- 10.3.3 Key Developments
- 10.4 BiologiQ
- 10.4.1 Business Overview
- 10.4.2 Product Portfolio
- 10.4.3 Key Developments
- 10.5 Biome Bioplastics
- 10.5.1 Business Overview
- 10.5.2 Product Portfolio
- 10.5.3 Key Developments
- 10.6 Danimer Scientific
- 10.6.1 Business Overview
- 10.6.2 Product Portfolio
- 10.6.3 Key Developments
- 10.7 EuP Group
- 10.7.1 Business Overview
- 10.7.2 Product Portfolio
- 10.7.3 Key Developments
- 10.8 FKuR
- 10.8.1 Business Overview
- 10.8.2 Product Portfolio
- 10.8.3 Key Developments
- 10.9 Futerro
- 10.9.1 Business Overview
- 10.9.2 Product Portfolio
- 10.9.2 Key Developments
- 10.10 Futamura Chemical
- 10.10.1 Business Overview
- 10.10.2 Product Portfolio
- 10.10.3 Key Developments
- 10.11 Mitsubishi Chemical
- 10.11.1 Business Overview
- 10.11.2 Product Portfolio
- 10.11.3 Key Developments
- 10.12 NatureWorks
- 10.12.1 Business Overview
- 10.12.2 Product Portfolio
- 10.12.3 Key Developments
- 10.13 Plastrans Technologies
- 10.13.1 Business Overview
- 10.13.2 Product Portfolio
- 10.13.3 Key Developments
- 10.14 Plantic
- 10.14.1 Business Overview
- 10.14.2 Product Portfolio
- 10.14.3 Key Developments
- 10.15 Polymateria
- 10.15.1 Business Overview
- 10.15.2 Product Portfolio
- 10.15.3 Key Developments
- 10.16 PTT MCC Biochem
- 10.16.1 Business Overview
- 10.16.2 Product Portfolio
- 10.16.3 Key Developments
- 10.17 Neste
- 10.17.1 Business Overview
- 10.17.2 Product Portfolio
- 10.17.3 Key Developments
- 10.18 Novamont
- 10.18.1 Business Overview
- 10.18.2 Product Portfolio
- 10.18.3 Key Developments
- 10.19 Solvay
- 10.19.1 Business Overview
- 10.19.2 Product Portfolio
- 10.19.3 Key Developments
- 10.20 Sumitomo Chemical
- 10.20.1 Business Overview
- 10.20.2 Product Portfolio
- 10.20.3 Key Developments
- 10.21 TIPA
- 10.21.1 Business Overview
- 10.21.2 Product Portfolio
- 10.21.3 Key Developments
- 10.22 Toray Industries
- 10.22.1 Business Overview
- 10.22.2 Product Portfolio
- 10.22.3 Key Developments
- 10.23 TotalEnergies Corbion
- 10.23.1 Business Overview
- 10.23.2 Product Portfolio
- 10.23.3 Key Developments
- 10.24 Trifilon
- 10.24.1 Business Overview
- 10.24.2 Product Portfolio
- 10.24.3 Key Developments
- 10.25 Trinseo
- 10.25.1 Business Overview
- 10.25.2 Product Portfolio
- 10.25.3 Key Developments
- 10.26 TRC Companies
- 10.26.1 Business Overview
- 10.26.2 Product Portfolio
- 10.26.3 Key Developments
- 10.27 WSP
- 10.27.1 Business Overview
- 10.27.2 Product Portfolio
- 10.27.3 Key Developments
- 10.1 Asahi Kasei
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