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Biodegradable Plastics Market Share, Size & Forecast 2031 | BASF, NatureWorks, BIOME TECHNOLOGIES PLC
Biodegradable Plastics Market
The regions covered in the biodegradable plastics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest biodegradable plastics market share.
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The biodegradable plastics market consists of sales of biodegradable plastics by entities (organizations, proprietors, partnerships) that are used in the application of organic waste collection and diversion, food packaging, agricultural and horticultural sectors, and disposable tableware. Biodegradable plastics are obtained from petrochemicals that consist of biodegradable additives and are degraded by microorganisms into carbon dioxide, water, and biomass. These can be used in packing materials, injection-molded and others.
Key competitors in the biodegradable plastics market are BASF, NatureWorks, BIOME TECHNOLOGIES PLC., Novamont S.p.A., Mitsubishi,, Biome Bioplastics, Plantic, BIO-ON.
The global biodegradable plastics market size is expected to grow from $3.74 billion in 2021 to $4.21 billion in 2022 at a compound annual growth rate (CAGR) of 12.6%. The global biodegradable plastic market size is expected to grow to $7.16 billion in 2026 at a CAGR of 14.2%.
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TBRC's report segments the global biodegradable plastics market:
1) By Type: Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), PHA (Polyhydroxyalkanoates), Starch Blends, Others
2) By End-User: Packaging, Agriculture, Consumer Goods, Others
Read Further On The Biodegradable Plastics Market Here:
https://www.thebusinessresearchcompany.com/report/biodegradable-plastics-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Biodegradable Plastics Market Characteristics
3. Biodegradable Plastics Market Trends And Strategies
4. Impact Of COVID-19 On Biodegradable Plastics
5. Biodegradable Plastics Market Size And Growth
……
28. Key Mergers And Acquisitions In The Biodegradable Plastics Market
29. Biodegradable Plastics Market Future Outlook And Potential Analysis
30. Appendix
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