Biodegradable Plastics Market 2018 | Worldwide Industry Analysis and New Market Opportunities Explored to 2023 | Corbion, BASF, Mitsubishi Chemical Corporation, Bio-On SpA, Plantic, Biome Bioplastics, FKuR

Major Eminent Players:
Some other players operating in this industry are Corbion, BASF, Mitsubishi Chemical Corporation, Bio-On SpA, Plantic, Biome Bioplastics, FKuR and NatureWorks.

Market Overview:
The report “Biodegradable Plastics Market By Product (Polylactic Acid, Polyhydroxyalkanoates, Polybutylene Succinate, Polycaprolactone, Starch-Based & Regenerated Cellulose ) And Application (Packaging, Textile, Agriculture, Injection Molding & Other Applications) - Global Industry Analysis And Forecast To 2023”, issued by Crystal Market Research, the market size for the Biodegradable Plastics was worth USD 7.67 billion in 2014 and is expected to reach approximately USD 17.82 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.82% during the forecast period.

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Industry Outlook and Trend Analysis:
The biodegradable plastics market is acquiring impetus owing to the budding technologies invented by the market players. The prime highpoint of the market during the coming years is the adequate level of competition. The strict regulatory developments by various governments that emphasize on reducing the use of plastics has escalated the need for biodegradable plastics. The novel kind of plastic along with adapting to the guidelines, it also is environmental-friendly in several ways. Therefore, on a global level the conventional plastic is slowly being substituted by biodegradable plastics, which eventually will increase the global market.

Polylactic-acid based products are leading the overall segment of this market-
Polylactic-acid based plastics are primarily used in agricultural and packaging applications. Bio-based feedstock like maize and corn starch are fermented to fabricate such plastics, and they showcase superior mechanical strength, reduced level of toxins and higher esthetic value.

Packaging Industry to promote the global growth of the market since it adapts the eco-friendly approach-
Of the other application segments such as agriculture, textile, packaging, electronic, medical and injection molding; packaging segment is said to dominate the market, since the need for biodegradable plastic packaging will be high for food and beverages industry. The incipient trend of environmental friendly packaging to decrease the pressure on garbage disposals are predicted to propel this segment during the forecast period.

Europe is anticipated to dominate the region-wise market of this industry during the forecast period-
The reason for Europe to lead is the mounting pressure on the government to decrease the landfills and carbon emissions; and escalated use of biodegradable plastics in this region. Moreover, robust prevalence of market players is also predicted to impel this region’s growth in the global market. It has been anticipated that North America will follow Europe during the forecast years, since it aims on lessening the carbon emissions.

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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
…
5.Biodegradable Plastics Market, By Product
5.1.Introduction
5.2.Global Biodegradable Plastics Sales, Revenue and Market Share by Product (2014-2018)
5.3.Polyhydroxyalkanoates
5.4.Polylactic Acid
5.5.Polybutylene Succinate
5.6.Polycaprolactone
5.7.Regenerated Cellulose
5.8.Starch-based
6.Biodegradable Plastics Market, By Application
6.1.Introduction
6.2.Global Biodegradable Plastics Sales, Revenue and Market Share by Application (2014-2018)
6.3.Textile
6.4.Agriculture
6.5.Packaging
6.6.Injection Molding
6.7.Other Applications
To be continued...

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Market Analysis by Regions:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia and Rest of South America)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

Features of the Biodegradable Plastics Market Report:

The analysis of Biodegradable Plastics Market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.

The key players in the market and their share in the global market are discussed.

The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.

The Biodegradable Plastics Market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.

The latest trends that are being followed in the market are included along with an example.

How technological advancement and research, as well as development activities, are impacting the Biodegradable Plastics Market is explained in detail.

The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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