Press release
Biodegradable Plastics Market Report- Expansive Coverage on the Profit Sources
According to the latest research by InsightAce Analytic, the global Biodegradable Plastics Market Size is valued at USD 12.45 Billion in 2024 and is predicted to reach USD 81.33 Billion by the year 2034 at a 20.8% CAGR during the forecast period for 2025-2034.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1187
Biodegradable polymers are produced using petroleum and renewable resources such as corn, wheat, bamboo, and sugarcane.They are broken down by fungi, bacteria, and other microorganisms into biomass, carbon dioxide, and water (CO2). They are therefore utilised in a number of applications, from flexible packaging for different food goods to extruded and injection-moulded in conventional machinery. A plant-based plastic known as biodegradable has no adverse environmental effects, and it takes a reasonable length of time for it to break down in base compounds spontaneously. The search for innovative, environmentally friendly products has been sparked by increased environmental rules, public concern, and growing awareness. Biodegradable plastic can close this massive divide between the people and the government, and these polymers can be disposed of in a secure and environmentally friendly way.
The market for biodegradable plastics is therefore anticipated to be driven by growing environmental concerns. Governments are putting more emphasis on green procurement practices, which is also a major factor promoting the expansion of the biodegradable plastics industry. In the horticultural and agriculture sectors, biodegradable polymers are also used to create mulching films and plant pots. The primary forces propelling market expansion include this, as well as the expanding usage of agricultural goods in the expanding food and beverage (F&B) business, increased use in food packaging and biodegradable bag applications, and the quickly expanding glass industry. The industry is anticipated to rise as more biodegradable polymers are used in packaging and agriculture. The forecast period presents lucrative prospects for market participants due to growing consumer awareness of environmentally friendly plastic alternatives and increased attempts to limit the use of traditional plastics.
Curious about this latest version of the report? Obtain Report Details @ https://www.insightaceanalytic.com/enquiry-before-buying/1187
North America is anticipated to be the major contributor to the Biodegradable Plastics market over the forecast years. The increased demand for biodegradable plastics in this region is related to rising environmental concerns and stringent controls on petroleum-based plastics within the region. In addition, the Asia Pacific Biodegradable Plastics market is expected to grow significantly during the forecast period because raw materials are readily available in the region. Furthermore, rising awareness of biodegradable plastics as a potential alternative to traditional plastics increases market demand across the area.
Major market players operating in the Biodegradable Plastics market include
Novamont (Italy), Biome Bioplastics (UK), Mitsubishi, BASF (Germany), NatureWorks (US), Total Corbion (Netherlands), Chemical Holding Corporation (Japan), Fkur Kunstsoff (Germany), Amcor Limited (Switzerland), Mondi Group (UK), Kruger Inc. (Canada), Toray Industries (Japan), Plantic Technologies (Australia), Danimer Scientific (US), and others.
Recent collaborations and agreements in the market:
• In April 2021, NatureWorks announced a new strategic relationship with IMA Coffee, an industry leader in coffee handling, processing, and packaging. This alliance intends to grow the market for high-performance biodegradable K-cups in North America.
• In February 2020, BASF and the Fabbri Group (Italy) forged a partnership to provide a sustainable cling film solution for fresh-food packaging. The video will be wrapped around meat, fish, and fresh fruits and vegetables. The Fabbri group will manufacture it with BASF's Ecovio bioplastic, increasing the demand for biodegradable polymers in packaging applications.
For More Information @
https://www.insightaceanalytic.com/customisation/1187
Market Segments
Global Biodegradable Plastics Market, by Type, 2025-2034 (Value US$ Mn)
• Polylactic acid (PLA)
• Starch Blends
• Polyhydroxyalkanoates (PHA)
• Biodegradable Polyesters
o Polycaprolactone (PCL)
o Polybutylene adipate terephthalate (PBAT)
o Polybutylene succinate (PBS)
• Other Types
• Regenerative Cellulose
• Cellulose Derivative
Global Biodegradable Plastics Market, by End-Users, 2025-2034 (Value US$ Mn)
• Packaging
o Rigid Packaging
o Flexible Packaging
• Consumer Goods
o Electrical Appliances
o Domestic Appliances
o Others
• Textiles
o Medical & Healthcare Textile
o Personal care, clothes & other textiles
• Agriculture & Horticulture
o Tapes & Mulch Films
o Others
Global Biodegradable Plastics Market, by Region, 2025-2034 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Biodegradable Plastics Market, by Country, 2025-2034 (Value US$ Mn)
• U.S.
• Canada
Europe Biodegradable Plastics Market, by Country, 2025-2034 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Biodegradable Plastics Market, by Country, 2025-2034 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Biodegradable Plastics Market, by Country, 2025-2034 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Biodegradable Plastics Market, by Country, 2025-2034 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Get More Information @
https://www.insightaceanalytic.com/report/global-biodegradable-plastics-market-/1187
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.
Contact Us:
info@insightaceanalytic.com
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ
Twitter: https://twitter.com/Insightace
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 Plastics Market Report- Expansive Coverage on the Profit Sources here
News-ID: 4273527 • Views: …
More Releases from Insightace Analytic Pvt Ltd.
Veterinary Infectious Disease Diagnostics Market Growth and Restrain Factors Ana …
"Veterinary Infectious Disease Diagnostics Market" in terms of revenue was estimated to be worth $2.06 billion in 2023 and is poised to reach $3.95 billion by 2031, growing at a CAGR of 8.69% from 2024 to 2031 according to a new report by InsightAce Analytic.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1488
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the veterinary infectious disease diagnostics market are:
• Rising rates of…
Teledermatology Market Exclusive Report on Current Trends and Future Insights
"Teledermatology Market" in terms of revenue was estimated to be worth $10.85 billion in 2023 and is poised to reach $55.17 billion by 2031, growing at a CAGR of 22.73% from 2024 to 2031 according to a new report by InsightAce Analytic.
Get Free Sample Report @
https://www.insightaceanalytic.com/request-sample/1475
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Teledermatology market are:
• Rising prevalence of skin disorders
• Integration of AI and Machines…
Sugar Free Food And Beverage Market Study Analysis with Forecast to 2034
InsightAce Analytics Pvt. Ltd. announces the release of a market assessment report on the "Global Sugar Free Food and Beverage Market (By Product Type (Beverages, Dairy, Confectionery, Bakery, and Others) and Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others))- Market Outlook and Industry Analysis 2034"
The global sugar free food and beverage market is estimated to exhibit a CAGR of 3.5% during the forecast period.
Request For Free…
Smart Pill Technology Market is on an Upward Growth Curve
"Smart Pill Technology Market" in terms of revenue was estimated to be worth $4.22 billion in 2023 and is poised to reach $9.21 billion by 2031, growing at a CAGR of 10.55% from 2024 to 2031 according to a new report by InsightAce Analytic.
Get Free Sample Report @
https://www.insightaceanalytic.com/request-sample/1485
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the smart pill technology market are:
• Technological Advancements
• increasing colon cancer rates
• Increasing elderly…
More Releases for Biodegradable
Biodegradable Films Market Beyond Plastic: Biodegradable Films Market Drives Eco …
Biodegradable Films Market to reach over USD 1,766.36 Mn by the year 2031 - Exclusive Report by InsightAce Analytic
"Biodegradable Films Market" in terms of revenue was estimated to be worth $1,091.28 Mn in 2023 and is poised to reach $1,766.36 Mn by 2031, growing at a CAGR of 6.41% from 2023 to 2031 according to a new report by InsightAce Analytic.
Get Free Sample Report @ https://www.insightaceanalytic.com/request-sample/1618
Latest Drivers Restraint…
Biodegradable Cup Market Set for More Growth : Biodegradable Food Service, AmerC …
Advance Market Analytics published a new research publication on "Biodegradable Cup Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Biodegradable Cup market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Biodegradable Mg-Alloy Implant market: Technological Advancements in 2022 | Biod …
"The global Biodegradable Mg-Alloy Implant Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Biodegradable Mg-Alloy Implant Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of…
Global Biodegradable plastic Market
Biodegradable plastic is made using raw materials or petrochemicals and can be decomposed by living organisms such as bacteria. Biodegradable plastic takes less time to break down as it is made up of eco-friendly material and requires less energy for production. The global Biodegradable Plastic Market is facing challenges due to the COVID-19 pandemic as the manufacturing facilities and supply chain of many organizations is at a halt. The increasing…
Global Biodegradable Films Market Report
The global biodegradable films market is projected to grow at a CAGR of 6.1 percent in the forecast years, according to a recent research report gathered by the Global Market Estimates.
Browse 167 Market Data Tables and 97 Figures spread through 188 Pages and in-depth TOC on "Biodegradable Films Market - Forecast to 2026"
https://www.globalmarketestimates.com/market-report/global-biodegradable-films-market-2518
By Type (PLA, Biodegradable Polyester, PHA, Starch Blends, Others), By Application (Food Packaging, Agriculture & Horticulture,…
Biodegradable Polymers Market 2019-2025 Worldwide Key Players : Aquapak Polymers …
Adroit Market Research published a study on the “Global Biodegradable Polymers Market Size 2017 By Production (Starch-based, Polylactic acid (PLA), Polyhydroxyalkanoates (PHA), Synthetic), By Application (Packaging, Loose fill, Bags and sacks, Fibre, Others), By Region and Forecast 2018 to 2025”. The global biodegradable Polymers market size is estimated based on the ongoing trend of bioplastic and consumption patterns of the bioPolymerss across the globe. The report also provides the various…
