At 15% CAGR, Global Biodegradable Polymer Market Size to Surpass USD 9 Billion by 2026 - Industry Trends, Share, Growth, Analysis & Forecast Report by Facts & Factors

Findings from Facts and Factors report "Biodegradable Polymer Market By Type (Polymers with Carbon Backbones, Polymers with Hydrolyzable Backbones, Natural Polymers) and By Application (Packaging, Agricultural, Medical, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global Biodegradable Polymer market in 2019 was approximately USD 3.5 Billion. The market is expected to grow at a CAGR of 15% and is anticipated to reach around USD 9 Billion by 2026.

Polymers are compounds that are formed through chemical reactions and have high molar mass. Degradation is a process in which the products undergo a physical and chemical transformation that also results in a change of physical and mechanical properties. Biodegradation polymers generally break down into natural byproducts with the help of naturally occurring microbes such as algae, bacteria, and fungi. Biodegradable polymers are eco-friendly, non-toxic, and do not cause any kind of harm to the environment or other living things. Due to its non-toxic properties, its degradation can be controlled and it is capable to maintain its integrity until it is completely degraded.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭@https://www.fnfresearch.com/sample/biodegradable-polymer-market-by-type-polymers-with-carbon-744

Rising emissions due to the dumping of petroleum products have raised concerns for the protection of the environment and natural resources and the use of biodegradable products is driving the demand for biodegradable polymers. In addition, biodegradable polymers are triggering the demand due to sustainable development policies, and government initiatives to concentrate on the use of eco-friendly polymers which is bolstering the market growth. Furthermore, the increasing price of raw materials used in the manufacture of petroleum products helps to increase demand. Conversely, restricted uses of biodegradable polymers, high production costs, and inconsistencies in the final product are obstacles to the market. Nonetheless, raw materials for the manufacture of biodegradable polymers are cost-effective and end-users of biodegradable polymers are on the rise.

The major types of biodegradable polymers are polymers with a hydrolyzable backbone, natural polymers, and polymers with a carbon backbone. Polymers with a hydrolyzable backbone are further classified into polyglycolic acid (PGA), polyurethanes, polyamides, polycaprolactone (PCL), and others, out of which polyglycolic acid (PGA) is used widely in manufacturing loose-fill packaging, food packaging, compost bags, and plastic bottles as a result of the shifting preference of consumers towards eco-friendly plastic products.

𝐍𝐞𝐞𝐝 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭@https://www.fnfresearch.com/customization/biodegradable-polymer-market-by-type-polymers-with-carbon-744

Biodegradable polymers are used are packaging, agricultural, medical, and other applications. These polymers are widely used for packaging due to the new demographic conditions, growing demands of customers and their purchasing powers, increase in consumption of packaged food products, and increase in the use of medical and pharma equipment across the globe.

𝐓𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐛𝐢𝐨𝐝𝐞𝐠𝐫𝐚𝐝𝐚𝐛𝐥𝐞 𝐩𝐨𝐥𝐲𝐦𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐚𝐬 𝐟𝐨𝐥𝐥𝐨𝐰𝐬:

Cortec Group
Mitsui Chemicals
BASF
BIOTEC GmbH& Co
Cereplast
MetabolixInc
FP International
Others

𝐓𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐭𝐡𝐞 𝐁𝐢𝐨𝐝𝐞𝐠𝐫𝐚𝐝𝐚𝐛𝐥𝐞 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐬 𝐟𝐨𝐥𝐥𝐨𝐰𝐬:

𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐨𝐝𝐞𝐠𝐫𝐚𝐝𝐚𝐛𝐥𝐞 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐁𝐲 𝐓𝐲𝐩𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

Polymers with Carbon Backbones
Polymers with Hydrolyzable Backbones
Natural Polymers

𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐨𝐝𝐞𝐠𝐫𝐚𝐝𝐚𝐛𝐥𝐞 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

Packaging
Agricultural
Medical
Others

𝐑𝐞𝐚𝐝 𝐛𝐮𝐲𝐧𝐨𝐰 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧@https://www.fnfresearch.com/buynow/su/biodegradable-polymer-market-by-type-polymers-with-carbon-744

𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐨𝐝𝐞𝐠𝐫𝐚𝐝𝐚𝐛𝐥𝐞 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa

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