08-07-2017 12:18 PM CET - Advertising, Media Consulting, Marketing Research

Biodegradable plastics Market to reach $4.46 billion by 2022 growing at a CAGR of 11.3%

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.

A new research document with title 'Biodegradable plastics - Global Market Outlook (2016-2022)' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like United States, Europe, Asia Pacific, ROW and important players/vendors such as FKuR Kunststoff GmbH, Futerro, Meredian Inc, Mitsubishi Chemical Corp etc. The report will help user gain market insights, future trends and growth prospects for forecast period of 2016-2022.

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According to Research, the Global Biodegradable Plastics market is accounted for $2.1 billion in 2015 and is expected to reach $4.46 billion by 2022 growing at a CAGR of 11.3% from 2015 to 2022. Factors such as increasing consumer awareness towards eco-friendly products, shifting consumer preference from synthetic products to cleaner and eco-friendly substitutes, demand from conventional end-user industries and use of renewable & bio-based raw materials are fuelling the market growth. However, performance issues of biodegradable and plastics are inhibiting the market growth. Further, decreasing costs of biodegradable plastics manufacturing, biodegradable plastics packaging products particularly in emerging economies and environmental legislation in various countries provides ample opportunity for the market to expand.

The polylactic acid is projected to be the fastest growing segment because of demand from major packaging materials in industries such as food & beverages, textiles and tissue engineering. While, the starch-blend segment of type dominates the market during the forecast period. The packaging segment availed to be the largest share in the overall biodegradable plastics market owing to their superior properties. Europe is anticipated to be the largest market for biodegradable plastics because of growing R&D investments in the bioplastics sector by both public and private sectors. North America is expected to have significant growth in biodegradable plastics market. Asia Pacific region is the fastest growing market due to rising domestic demand.

Some of the key players in global Biodegradable Plastics market are BioBag International AS, BIOP Biopolymers Technologies GmbH, BIOTEC GmbH & Co., BASF SE, Biome Technologies PLC, Bio-On SRL, Corbion NV (PURAC), FKuR Kunststoff GmbH, Futerro, Meredian Inc, Mitsubishi Chemical Corp, Natureworks LLC, Mondi Group, Smurfit Kappa Group, Huhtamaki, Inc, Pyramid Bioplastics Guben Gmbh, Tianan Biologic Materials Co. Ltd. and Zhejiang Hisun Biomaterials Co.
Applications Covered:
• Agriculture and Horticulture
• Automotive
• Textile
• Injection Molding
• Packaging
• Other Applications
o Electronic
o Bio-Medicine

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Types Covered:
• Polyester
• Polyhydroxyalkanoate (PHA)
• Polylactic Acid (PLA)
• Polycaprolactone (PCL)
• Poly-3-Hydroxybutyrate (PHB)
• Polybutylene Succinate (PBS)
• Starch Blends
• Regenerated Cellulose
• Other Types

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Buy this report @ www.htfmarketreport.com/buy-now?format=1&report=626858

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging markets
3.8 Futuristic market scenario


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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

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