Press release
Biodegradable Polymer Market Size is predicted to surpass around USD 23.65 billion, witness a CAGR of 14.4% by 2029
Biodegradable Polymer
Research report on the Biodegradable Polymer market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the Biodegradable Polymer market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.
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Biodegradable Polymers Market Dynamics
✦ Drivers
A positive contribution to the conservation of the world's natural resources and protection of the environment is the major factor driving the growth of the biodegradable polymers market. Besides this, growing industrialization and standardization of the packaging procedures and high implementation of these polymers are driving the market. The inclination toward eco-friendly materials in the packaging industry as well as textiles would also provide an aid to the market. In addition to these, high demand for biodegradable products in the agriculture sector for films, plant pots, containers, and storage bags for fertilizers and chemicals is also an important factor for rising the demand of these polymers.
✦ Restraints
High manufacturing cost of these polymers is the main factor restraining the growth of the biodegradable polymers market. With current technology levels, the production cost of polymers of biodegradable type is up to 50% higher in comparison to the petroleum-based polymers. On the other hand, some of these polymers produce methane when decompose in landfills, which in turn, would not serve the primary concern to lessen the greenhouse gas emission and could act as a restraint to the market.
Prominent Key players of the Biodegradable Polymer Market survey report:
Historical data available in the report elaborates on the development of the Biodegradable Polymer on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - BASF, NatureWorks, Total Corbion, Novamont, Biome Bioplastics, Mitsubishi Chemical Holding Corporation, Toray Industries, Plantic Technologies.
In April 2021, NatureWorks announced a new strategic partnership with IMA Coffee. This partnership aims at increasing the market reach for high-performing compostable K-cup in North America.
In February 2020, BASF and Fabbri Group (Italy) formed a joint venture to develop a sustainable solution for cling film used in fresh-food packaging. It will be made by the Fabbri group with BASF's Ecovio bioplastic and will boost the demand for biodegradable plastics in packaging applications.
Biodegradable Polymer Market Segmentation:
Biodegradable Polymer Market by Type, 2023-2029, (USD Millions, Kilotons)
» PLA (Polylactic Acid)
» Starch Blends
» PHA (Polyhydroxyalkanoates)
Biodegradable Polyesters
Biodegradable Polymer Market by End-Use, 2023-2029, (USD Millions, Kilotons)
» Packaging
» Consumer Goods
» Textiles
» Agriculture & Horticulture
The regional outlook by revenue covers the countries namely:
✦ North America (United States, Canada and Mexico)
✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
✦ South America (Brazil, Argentina, Colombia, and Rest of South America)
✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Read Full Report with TOC:
https://exactitudeconsultancy.com/reports/5419/biodegradable-polymer-market/?mode=P166
Key Features of the Biodegradable Polymer Market Report: -
⇨ Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.
⇨ Examine the market opportunities for stakeholders by identifying higher growth sections.
⇨ To study and analyse the global Biodegradable Polymer industry status and forecast including key regions.
⇨ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
⇨ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
⇨ It helps you make strategic business decisions and investment plans.
Competitive Landscape
Competition has been growing for the Biodegradable Polymer industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.
Highlight the Following Key Factors:
► Business Description: a particular description of agency operations and enterprise departments.
► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.
► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.
► Company History: The development of predominant occasions associated to the company.
► Main merchandise and services: A listing of the company's fundamental products, services, and brands.
► Main Competitors: A listing of the company's fundamental competitors.
► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.
► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
Table of Contents
Global Biodegradable Polymer Market Research Report 2023-2029
1 Biodegradable Polymer Market Overview
1.1 Product Overview and Scope of Biodegradable Polymer
1.2 Biodegradable Polymer Segment by Type (Product Category)
1.3 Global Biodegradable Polymer market Segment by Application
1.4 Global Biodegradable Polymer Market by Region (2023-2029)
1.4.1 Global Biodegradable Polymer Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)
1.4.2 North America Status and Prospect (2023-2029
1.4.3 Europe Status and Prospect (2023-2029)
1.4.4 China Status and Prospect (2023-2029)
1.4.5 Japan Status and Prospect (2023-2029)
1.4.6 Southeast Asia Status and Prospect (2023-2029)
1.4.7 India Status and Prospect (2023-2029)
1.5 Global Market Size (Value) of Biodegradable Polymer (2023-2029)
1.5.1 Global Biodegradable Polymer Revenue Status and Outlook (2023-2029)
1.5.2 Global Biodegradable Polymer Capacity, Production Status and Outlook (2023-2029)
…
Why Choose Biodegradable Polymer Market Report?
✔ Unbiased conclusions and market insights
✔ 24×7 customer service available to address client queries
✔ Highly efficient and experienced team of analysts striving to create top-quality reports
✔ Our reports have facilitated the growth of over 500 companies
✔ The systematic and methodical market research process
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Thank you for your interest in the Biodegradable Polymer Market research publications; you can also get individual chapters or regional/country report versions such as Germany, France, China, Latin America, GCC, North America, Europe or Asia.
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