Press release
Biodegradable Plastics Market Future Readiness and Industry Forecast 2026 to 2035
The global biodegradable plastics market is estimated to reach over USD 98.27 Billion by 2035, exhibiting a CAGR of 20.9% during the forecast period.
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Biodegradable polymers are engineered to break down under specific environmental conditions through microbial processes, offering a sustainable alternative to conventional plastic materials. These polymers are increasingly being utilized in innovative applications across the food and agricultural sectors and can be effectively managed through established waste treatment and disposal systems. Consequently, biodegradable plastics are gaining prominence as environmentally responsible substitutes for traditional synthetic polymers.
A primary driver of industry growth is the global initiative to reduce plastic waste, supported by government policies restricting or banning single-use plastics and rising public awareness of their environmental consequences. Furthermore, the growing adoption of biodegradable plastics in packaging and agricultural applications is expected to further support industry expansion. Ongoing environmental concerns associated with non-degradable plastics have prompted governments worldwide to encourage the use of sustainable materials and implement more stringent regulations governing plastic consumption.
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List of Prominent Players in the Biodegradable plastics Market:
• ABMcomposite
• Agrana
• Akro-Plastic
• ALPLA Werke Alwin Lehner GmbH & Co KG
• Amcor limited
• Anellotech, Inc.
• AVA Biochem
• Avani Eco
• BASF (Germany)
• Biobent Polymers
• Biome Bioplastics (UK)
• Biome Technologies
• Bio-On
• BIOplastics
• Biosphere Plastic LLP
• Braskem
• Carbiolice
• Cardia Bioplastics
• Danimer Scientific
• Eastman Chemical Company
• Eranova
• Fkur Kunstsoff (Germany)
• FlexSea
• Floreon Transforming
• Futerro
• Genecis Bioindustries
• Green Dot Bioplastics
• Ingevity
• Kruger Inc.
• Mitsubishi Chemical Holding Corporation (Japan)
• Mondi Group
• NatureWorks (US)
• NEC Corporation
• Newlight Technologies
• Novamont (Italy)
• Polymateria
• Plantic Technologies (Australia)
• Plastic Suppliers Inc.
• PTT MCC Biochem
• Sphere
• Succinity
• Synbra Technology
• TECNARO GmbH
• TerraVerdae Bioworks Inc
• Tianan Biologic Materials
• Toray Industries (Japan)
• Total Corbion (Netherlands)
• Venvirotech
• Yield10 Bioscience, Inc.
• Zhejiang Hisun Biomaterials
Market Dynamics:
Drivers-
The healthcare industry is expected to play a pivotal role in supporting the expansion of biodegradable plastics, with applications across synthetic biology, dentistry, drug delivery systems, orthopedic implants, and wound management solutions. Polylactic acid (PLA), valued for its biocompatibility and ability to naturally degrade within the human body, is extensively used in medical applications. In addition, the rapid growth of e-commerce during the pandemic has significantly increased demand for environmentally sustainable packaging materials, further contributing to industry growth.
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Challenges:
A key limitation to broader adoption is the relatively high manufacturing cost of biodegradable plastics compared to conventional petroleum-based alternatives. Volatility in raw material prices further influences production costs, which can negatively impact pricing and demand across end-use industries.
Regional Trends:
North America is projected to maintain a leading position, driven by increasing demand for microbial-based and sustainable packaging solutions within the food and consumer goods sectors. The United States, in particular, is expected to witness robust growth owing to the superior tensile strength, environmental benefits, and functional performance of biodegradable plastics relative to traditional materials.
The Asia-Pacific region also holds a considerable share, supported by the expansion of manufacturing capacities to address rising demand. Growing consumer preference for sustainable products, stringent environmental regulations, increasing disposable income, and ongoing technological advancements-along with substantial investments in research and development-are expected to create favorable growth opportunities in the region over the forecast period.
Recent Developments:
• In April 2021-new strategic alliance with Nature Works was launched by IMA Coffee, a world leader in the handling, processing, and packaging coffee. This partnership aims to increase the market for high-performance biodegradable K-cups in North America.
• In February 2020-A joint venture between BASF and the Fabric Group (Italy) was established to provide a sustainable cling film alternative for fresh food packaging. Fresh fruits, vegetables, meat, and seafood will all be wrapped in the film. It will be created by the Fabric company utilizing Ecevit bioplastic from BASF, raising the need for biodegradable plastics in packaging applications.
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Segmentation of Biodegradable plastics Market-
Based on the type:
• Polylactic acid (PLA)
• Starch Blends
• Polyhydroxyalkanoates (PHA)
• Biodegradable Polyesters
o Polycaprolactone (PCL)
o Polybutylene adipate terephthalate (PBAT)
o Polybutylene succinate (PBS)
• Other Types
o Regenerative Cellulose
o Cellulose Derivative
Based on the end-use industry:
• 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 and other textiles
• Agriculture & Horticulture
o Tapes & Mulch Films
o Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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