Press release
Biodegradable Plastics Market To Witness Astonishing Growth Georgia-Pacific, DOpla SpA, Huhtamaki, Natural Tableware, Pactiv LLC, PAPSTAR GmbH, SOLIA, BASF
Biodegradable Plastics Market To Witness Astonishing Growth
Sample PDF Report + All Related Graphs & Charts Is Available Instantly At https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-biodegradable-plastics-market
Global biodegradable plastics market is expected to rise from its initial estimated value of USD 3.15 billion in 2018 to an estimated value of USD 9.30 billion by 2026, registering a CAGR of 14.5% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising amount of plastic wastes and concern for the environment and global warming.Global Biodegradable Plastics Market, By Types (PLA, Starch Blends, Biodegradable Polyesters, PHA, Others), Application (Packaging & Bags, Consumer Goods, Agriculture & Horticulture, Textile, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Drivers:
o Rising awareness programs and adoption of eco-friendly plastics due to the increasing amount of plastic wastes and concern for the global warming is expected to drive the market growth
o Increased demand from a number of applicable industries for the product is also expected to drive the market growth
Market Restraints:
o Higher product and production costs is expected to restrain the market growth
o Absence of any distinct differences between the waste of biodegradable plastics and conventional plastics causes a number of complications in decomposition and recycling, this factor is expected to restrain the market growth
Segmentation: Global Biodegradable Plastics Market
By Types
o Polyhydroxyalkanoates (PHA)
o Others
By Application
o Packaging & Bags
o Consumer Goods
o Agriculture & Horticulture
o Textile
Key Developments in the Market:
In November 2017, Evonik Industries AG announced the acquisition of 3M's concentrated solid additives business which is expected to advance the technological base and product portfolio capabilities of Evonik in the plastics business.
In December 2018, Total Corbion PLA announced the introduction of its operations of its 75,000 tonnes per year polylactic acid (PLA) plant in Rayong, Thailand. The initialization of operations is expected to expand the production capabilities and positively impact the area surrounding the plant.
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Biodegradable Plastics Market Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4: Biodegradable Plastics Market, By Region
Chapter 5: Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis
Table Of Contents Is Available Here@ https://www.databridgemarketresearch.com/toc/?dbmr=global-biodegradable-plastics-market
Key Questions Answered in Biodegradable Plastics Report
o What will the Global Biodegradable Plastics size be in 2025 and what will the growth rate be?
o What are the key market trends?
o What is driving this market?
o What are the challenges to market growth?
o Who are the key vendors in this market space?
o What are the market opportunities and threats faced by the key vendors?
Key Questions Answered in Biodegradable Plastics Report
o What will the Global Biodegradable Plastics size be in 2025 and what will the growth rate be?
o What are the key market trends?
o What is driving this market?
o What are the challenges to market growth?
o Who are the key vendors in this market space?
o What are the market opportunities and threats faced by the key vendors?
Important Features that are under offering & key highlights of the report:
- Detailed overview of Biodegradable Plastics
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application etc
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Biodegradable Plastics
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Biodegradable Plastics performance
- Market players information to sustain and enhance their footprint
Any Questions? Inquire here before purchase @https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-biodegradable-plastics-market
Thanks for reading this article; you can als-get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.
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Data Bridge Market Research
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Email:Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined Tounearth the best market opportunities and foster efficient information for your business Tothrive in the market. Data Bridge endeavors Toprovide appropriate solutions Tothe complex business challenges and initiates an effortless decision-making process.
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