Press release
Biodegradable Plastics Market Outlook: Expected to Reach USD 9.55 Billion by 2030, Growing at a CAGR of 9.8%
Biodegradable Plastics-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The biodegradable plastics market was estimated to be worth USD 4.16 billion in 2021 and is predicted to expand to USD 9.55 billion by 2030, with a CAGR of 9.8% from 2022 to 2030.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide biodegradable plastics market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by type, end-use industry, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Biodegradable plastics are types of plastics that can naturally break down and decompose with the assistance of microorganisms like bacteria and fungi. In contrast to traditional plastics that can last in the environment for centuries, biodegradable plastics are made to break down faster, minimizing their long-term effect on the environment. They are produced from renewable materials such as plant starch, corn, or sugarcane and are utilized in items like packaging, utensils, and bags, aiding in more sustainable waste management.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/biodegradable-plastics-market/request-for-sample
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โ The rising need for biodegradable plastics to package consumer products, food, and beverages enhances industry expansion. The increase in the global population and a growing preference for sustainable packaging options also contribute to the market's expansion.
โ The expansion of e-commerce, fueled by the increase in broadband internet availability, the use of smartphones, and a larger share of tech-savvy buyers, will additionally bolster the growth.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
Because there are so many companies in the market, it is expected to be both competitive and fragmented. Here are the top companies in the biodegradable plastics market:
โข Amcor Limited
โข BASF
โข BioGreen
โข Biome Bioplastics
โข Cardia Bioplastics Ltd.
โข Cargill Incorporated
โข Cereplast Inc.
โข Danimer Scientific
โข Eastman Chemical Company
โข Mitsubishi Chemical Holding Corporation
โข NatureWorks
โข Novamont
โข Plantic Technologies
โข Toray Industries
โข Trineso
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/biodegradable-plastics-market/inquire-before-buying
๐๐ข๐จ๐๐๐ ๐ซ๐๐๐๐๐ฅ๐ ๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐:
๐. ๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐จ๐๐๐ ๐ซ๐๐๐๐๐ฅ๐ ๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฒ๐ฉ๐
1. Key Findings
2. Introduction
1. Global Biodegradable Plastics, by Type, 2018 - 2030 (USD Billion)
3. Polylactic Acid [PLA]
1. Global Biodegradable Plastics Market, by Polylactic Acid [PLA], by Region, 2018 - 2030 (USD Billion)
4. Polybutylene Succinate [PBS]
1. Global Biodegradable Plastics Market, by Polybutylene Succinate [PBS], by Region, 2018 - 2030 (USD Billion)
5. Starch Blends
1. Global Biodegradable Plastics Market, by Starch Blends, by Region, 2018 - 2030 (USD Billion)
6. Polybutylene Adipate Terephthalate [PBAT]
1. Global Biodegradable Plastics Market, by Polybutylene Adipate Terephthalate [PBAT], by Region, 2018 - 2030 (USD Billion)
7. Polyhydroxyalkanoates [PHA]
1. Global Biodegradable Plastics Market, by Polyhydroxyalkanoates [PHA], by Region, 2018 - 2030 (USD Billion)
8. Others
1. Global Biodegradable Plastics Market, by Others, by Region, 2018 - 2030 (USD Billion)
๐. ๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐จ๐๐๐ ๐ซ๐๐๐๐๐ฅ๐ ๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ง๐-๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
1. Key Findings
2. Introduction
1. Global Biodegradable Plastics Market, by End-Use Industry, 2018 - 2030 (USD Billion)
3. Packaging
1. Global Biodegradable Plastics Market, by Packaging, by Region, 2018 - 2030 (USD Billion)
4. Textile
1. Global Biodegradable Plastics Market, by Textile, by Region, 2018 - 2030 (USD Billion)
5. Consumer Goods
1. Global Biodegradable Plastics Market, by Consumer Goods, by Region, 2018 - 2030 (USD Billion)
6. Agriculture
1. Global Biodegradable Plastics Market, by Agriculture, by Region, 2018 - 2030 (USD Billion)
7. Others
1. Global Biodegradable Plastics Market, by Others, by Region, 2018 - 2030 (USD Billion)
๐๐ข๐จ๐๐๐ ๐ซ๐๐๐๐๐ฅ๐ ๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
ยป Polylactic Acid (PLA) accounted for a significant share in 2021 owing to its wide use in packaging, agriculture, and textiles
ยป The packaging segment contributed majorly to the market revenue owing to increasing disposable income of consumers, growth in e-commerce platforms, and concerns regarding packaging waste
ยป Europe is expected to grow at a significant rate during the forecast period on account of increasing environmental concerns and stringent government regulations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/biodegradable-plastics-market/toc
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, Europe is anticipated to grow substantially over the projection period due to rising demand for the product in multiple end-use industries. Strict environmental regulations and rising ecological concerns also facilitate market expansion.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
Biodegradable Plastics Market, Type Outlook (Revenue - USD Billion, 2018 - 2030)
โฆฟ Polylactic Acid [PLA]
โฆฟ Polybutylene Succinate [PBS]
โฆฟ Starch Blends
โฆฟ Polybutylene Adipate Terephthalate [PBAT]
โฆฟ Polyhydroxyalkanoates [PHA]
โฆฟ Others
Biodegradable Plastics Market, End-Use Industry Outlook (Revenue - USD Billion, 2018 - 2030)
โฆฟ Packaging
โฆฟ Textile
โฆฟ Consumer Goods
โฆฟ Agriculture
โฆฟ Others
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:.
Polybutadiene Market:
https://www.polarismarketresearch.com/industry-analysis/polybutadiene-market
Fatty Acid Market:
https://www.polarismarketresearch.com/industry-analysis/fatty-acid-market
Ethylene Market:
https://www.polarismarketresearch.com/industry-analysis/ethylene-market
Polysilicon Market:
https://www.polarismarketresearch.com/industry-analysis/polysilicon-market
Fluoropolymers Market:
https://www.polarismarketresearch.com/industry-analysis/fluoropolymers-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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Dover, DE 19901,
United States
๐Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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