Press release
Biodegradable Films Market Size Projected To Reach $1.95 Billion By 2034 With A Cagr Of 7.7%
Biodegradable Films
What Is the Projected Growth of the Biodegradable Films Market?
In recent times, the market size for biodegradable films has seen significant growth. It is forecasted to increase from $1.35 billion in 2024 to $1.45 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%. The growth during the historical period is due to factors such as cost challenges and technological restrictions, the launch of pilot projects, early consumer education endeavors, waste reduction initiatives, and the surge in environmentally friendly practices.
The market size for biodegradable films is projected to experience significant growth in the upcoming years. It is anticipated to escalate to $1.95 billion in 2029, boasting a compound annual growth rate (CAGR) of 7.7%. The growth during the forecast period can be linked to factors such as enhanced cost competitiveness, extensive global market development, Research and Development investments, expansions in the agricultural sector, and worldwide waste management issues. Key trends within the forecast duration include the transformation from plastic to eco-friendly materials, evolving environmental regulations and concerns, advancements in the field of material science, demands from the food packaging sector, and an emphasis on a circular economy.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8286
What Are the Different Biodegradable Films Market Segments?
The biodegradable films market covered in this report is segmented -
1) By Type: Polylactic Acid (PLA), Starch Blends, Biodegradable Polyesters, Polyhydroxyalkanoates (PHA), Other Types
2) By Application: Bags, Mulch Films, Wrapping Films, Liners, Other Applications
3) By End-Use: Food And Beverage, Healthcare, Personal Care And Cosmetics, Agriculture, Metal, Glass, Other End-Users
Subsegments:
1) By Polylactic Acid (PLA): PLA Homopolymers, PLA Copolymers
2) By Starch Blends: Thermoplastic Starch (TPS), Starch-Based Composites
3) By Biodegradable Polyesters: Polybutylene Succinate (PBS), Polycaprolactone (PCL), Other Biodegradable Polyesters
4) By Polyhydroxyalkanoates (PHA): Short-Chain PHAs, Medium-Chain PHAs
5) By Other Types: Cellulose-Based Films, Proteins And Other Natural Polymers
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8286&type=smp
What Are the Primary Drivers Shaping the Biodegradable Films Market?
The expansion of the global bioplastics sector is anticipated to substantially drive the biodegradable film market's growth. Bioplastic is defined as a polymer transformed into a commercial product utilizing renewable or natural resources. These bioplastics are extensively employed in biodegradable films as a sustainable and recyclable alternative to single-use plastics. For example, as per the data revealed by the European Bioplastics (EUBP), a European-based organization, in December 2023, it is projected that the global production capacity of bioplastics will notably escalate from roughly 2.18 million metric tons in 2023 to about 7.43 million metric tons in 2028. Consequently, the burgeoning global bioplastic sector is the primary driver of growth for the biodegradable film market.
Which Companies Are Leading in the Biodegradable Films Market?
Major companies operating in the biodegradable films market are BASF SE, Futamura Chemical Co. Ltd., Taghleef Industries LLC, BioBag International AS, Plascon Group, Avery Dennison Corporation, Walki Group Oy, Bi-Ax International Inc., Cortec Corporation, Clondalkin Group, Groupe Barbier, Kingfa Sci & Tech Co. Ltd., Tipa Corp Ltd., Novamont SpA, Sigmund Lindner GmbH, Organix AG, Armando Alvarez Group, Amtrex Nature Care Pvt Ltd., Solos Polymers Pvt. Ltd., ENVIPLAST, Xinle Huabao Medical Products Co. Ltd., Tilak Polypack Private Limited, EcoBharat, Polynova Industries Inc., Magical Film Enterprise Co. Ltd., Chintec Limited, RKW Group, Dow Chemical Company, Plastiroll Oy, Mondi Group, Innovia Films Ltd., Toray Industries Inc., Mitsubishi Chemical Corporation, NatureWorks LLC, Danimer Scientific Inc., Total Corbion PLA, Synbra Technology BV
What Are the Major Trends Shaping the Biodegradable Films Market?
The rise of technological advancements is becoming a significant trend within the biodegradable film industry. To maintain their place in the market, leading companies incorporate cutting-edge technology into their offerings. An example of this occurred in September 2022, when ICL Group, a multinational manufacturer based in Israel, unveiled its revolutionary biodegradable coated fertilizer technology named eqo.x. The innovative tech, specifically crafted to improve controlled release fertilizers (CRF) for open field agriculture, seeks to offer a responsible solution that optimizes crop productivity and lessens environmental damage.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/biodegradable-films-global-market-report
What Are the Top Revenue-Generating Geographies in the Biodegradable Films Market?
Asia-Pacific was the largest region in the biodegradable films market share in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the biodegradable films market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Biodegradable Films Market?
2. What is the CAGR expected in the Biodegradable Films Market?
3. What Are the Key Innovations Transforming the Biodegradable Films Industry?
4. Which Region Is Leading the Biodegradable Films Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Biodegradable Films Market Size Projected To Reach $1.95 Billion By 2034 With A Cagr Of 7.7% here
News-ID: 3968602 • Views: …
More Releases from The Business Research Company
Top Market Shifts Transforming the Rainwater Harvesting Systems Market Landscape …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Rainwater Harvesting Systems Market Through 2025?
Over the past few years, there has been substantial growth in the market size of rainwater harvesting systems. The industry, which was valued at $1.94 billion in 2024, is predicted to rise to $2.07 billion by…
Live Concerts Fueling Surge In Percussion Instruments Market Growth: Transformat …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Percussion Instruments Industry Market Size Be by 2025?
Over the past few years, the market size of percussion instruments has examined a steady rise. With an increase from $1.44 billion in 2024 to $1.47 billion in 2025, it expects a Compound Annual Growth Rate (CAGR) of…
Emerging Trends to Drive Hydraulic Equipment Market Growth at 3.5% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Hydraulic Equipment Market Size Growth Forecast: What to Expect by 2025?
The size of the hydraulic equipment market has consistently increased in the past few years. Projections show that it will rise from $45.21 billion in 2024 to $46.86 billion in 2025, recording a compound annual growth rate (CAGR)…
Emerging Trends to Reshape the Fishing Drones Market: Innovative Advancement In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Fishing Drones Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of fishing drones has seen a swift increase in the past few years. An expansion from $0.89 billion in 2024 to $0.99 billion in 2025, representing a compound annual growth rate (CAGR)…
More Releases for Film
Introducing heat sealable bopp film: Cloud Film Unveils Revolutionary Heat Seala …
Qingdao Cloud Film Packaging Materials Co., Ltd., a leading innovator in the packaging industry, is thrilled to announce the launch of heat sealable bopp film, a breakthrough heat sealable BOPP film set to revolutionize flexible packaging and labeling applications globally. This exciting development represents a significant advancement in packaging technology and underscores Qingdao Cloud Film's commitment to delivering cutting-edge solutions to its customers worldwide.
In a world where packaging integrity and…
Film Marketing & Film Financing
Film Sales Agency TheMovieAgency.com is now offering extra assistance to filmmakers. If you are looking for raising funds for your next feature film or simply looking for assistance in marketing your completed feature film on the road to distribution, The Movie Agency might be able to help you with no upfront fee and no hidden fee!!!
We offer:
Free consultation.
Sourcing investors and future distributors, film buyers.
North American Distribution for the feature…
Winter Film Awards International Film Festival Returns for 10th Annual Celebrati …
New York City's Winter Film Awards showcases films from emerging filmmakers from around the world in all genres, with a special emphasis on highlighting the work of women and under-represented filmmakers. The 10th annual Festival runs September 23-October 2 in New York City. The lineup includes 91 fantastic films from 28 countries, 7 free education sessions and amazing parties.
Winter Film Awards International Film Festival, which was one of NYC's last…
Global Film Capacitors Market 2021 Applications, Leading Manufacturers, Analysis …
Syndicate Market Research recently launched a study report on the global Film Capacitors market project light on the significant drifts and vigorous cannon into the evolution of the trade, which includes the restraints, market drivers, and opportunities. The report talks about the competitive environment prevailing in the Film Capacitors market worldwide. The report lists the key players in the market and also provides insightful information about them such as their…
Biaxially Oriented Polyester (BoPET) Market Share: Key players, Application, Foc …
Biaxially Oriented Polyester (BoPET) Market report provides Six-Year forecast 2019-2025 with Overview, Classification, Industry Value, Price, Cost and Gross Profit. The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. It also covers types, enterprises and applications. To start with, analytical view to complete information of Biaxially Oriented Polyester (BoPET) market. It offers market view…
Global Polyester Film (PET Film) Market Growth 2017-2022 Mitsubishi Polyester Fi …
PET or polyethylene terephthalate film is a thermoplastic polymer commonly referred to as polyester film. Like most thermoplastics, PET films can be biaxially oriented or bubble extruded. Polyester film is one of the most common substrates used in the converting industry because of its balance of properties in relation to other thermoplastic polymers.
Ask For Sample Copy of Report : http://bit.ly/2toHtBg
This report provides detailed analysis of worldwide markets for Polyester Film…
