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Biodegradable Plastics Industry 2018 Global Market Growth, Trends, Revenue, End-use Industry, Region and Forecast Research Report

10-25-2018 11:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketReportsOnline

Biodegradable Plastics Industry 2018 Global Market Growth,

The market size of biodegradable plastics is expected to reach USD 6.12 billion by 2023 from USD 3.02 billion in 2018, at a CAGR of 15.1%. The growth of the packaging & bags industry is driving the market for biodegradable plastics.

Get Free Sample Copy of this Report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=211997.

Consumer awareness toward sustainable plastic solutions and pervasive efforts to eliminate the use of non-biodegradable conventional plastics is contributing to the market growth of biodegradable plastics.

Biodegradable plastics market report provides company profiles and detailed competitive strategies adopted by major market players, such as Nature Works (US), BASF (Germany), Total Corbion PLA (Netherlands), Mitsubishi Chemical Corporation (Japan), and Biome Bioplastics (UK).

Objectives of the Study:
1. To define, describe, and forecast the biodegradable plastics market, in terms of value and volume.
2. To provide detailed information regarding the main factors (drivers, restraints, opportunities, and challenges) influencing the market growth.
3. To forecast the market size on the basis of type and end-use industry.
4. To forecast the size of the market with respect to four main regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
5. To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contribution to the overall market.
6. To analyze opportunities in the market for stakeholders and provide a competitive landscape for the market leaders.
7. To analyze the competitive developments such as mergers, acquisitions & partnerships; new product launches; and expansions in the market.
8. To strategically profile the key players and comprehensively analyze their market shares and core competencies in the market.

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APAC is expected to be the fastest-growing biodegradable plastics market during the forecast period. APAC is a rapidly emerging economy, and hence foreign investors and plastics manufacturers are establishing their production plants in this region. The growth of the market in this region can be attributed to the easy availability of raw materials and growing packaging & bags industry.

The breakdown of primary interviews is given below:

By Company Type:Tier 1- 30%, Tier 2- 35%, and Tier 3- 35%

By Designation:C Level- 40%, D Level- 40%, and Others- 20%

By Region:North America- 15%, Europe-25%, APAC- 50%,RoW - 10%.

Order a copy of Biodegradable Plastics Market Report 2018-2023 @ http://www.rnrmarketresearch.com/contacts/purchase?rname=211997.

Key Major Players:
1. NatureWorks (US)
2. BASF (Germany)
3. Total Corbion PLA (Netherlands)
4. Mitsubishi Chemical (Japan)
5. Biome Bioplastics (UK)
6. Plantic Technologies (Australia)
7. Bio-On (Italy)
8. Danimer Scientific (Georgia)
9. Novamont S.p.A (Italy)
10. Toray Industries (Japan)

Key Target Audience:
1. Biodegradable plastics manufacturing companies
2. Traders, distributors, and retailers
3. Raw material suppliers
4. Commercial R&D institutes
5. Research institutes, trade associations, and government agencies
6. Consulting companies/consultants in the chemical and material sectors

Reasons to Buy Biodegradable Plastics Market Report:

The report will help the market leaders/new entrants in this market in the following ways:

The report segments the biodegradable plastics market comprehensively and provides the closest approximations of the revenue for the overall market and the sub segments and regions.

The report helps stakeholders understand the pulse of the market and provides information on key market drivers, restraints, opportunities, and challenges.

The report helps stakeholders understand their competitors better and gain additional insights into the business. The competitive landscape section includes expansions, new product launches, mergers, acquisitions & partnerships.

Access full research report: http://www.rnrmarketresearch.com/biodegradable-plastics-market-by-type-pla-pha-pbs-starch-based-plastics-regenerated-cellulose-pcl-by-application-packaging-fibers-agriculture-injection-molding-global-trends-and-forecas-market-report.html.

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