Biodegradable Plastics Market Expected to Experience Bolstering Sales Forecast by 2031

Global Biodegradable Plastics report from Global Insight Services is the single authoritative source of intelligence on Biodegradable Plastics market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Market Segments

By Type

  • Polylactic Acid (PLA)
  • Polybutylene Adipate Terephthalate (PBAT)
  • Polybutylene Succinate (PBS)
  • PHA (Polyhydroxyalkanoates)
  • Starch Blends
  • Others

By Application

  • Packaging
  • Agriculture
  • Consumer Durable
  • Textile
  • Others

 

Key Players
  • BASF SE
  • DowDuPont, Inc.
  • Arkema S.A.
  • Royal DSM N.V.
  • Novamont S.p.A.
  • Toray Industries, Inc.
  • Biome Technologies
  • Celanese Corporation
  • NatureWorks

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Key Trends

The key trends in biodegradable plastics technology are the development of new materials and processes that make biodegradable plastics more commercially viable. New materials include biodegradable polymers made from renewable resources such as lactic acid and PLA. Processes such as injection molding and extrusion have been developed to manufacturing biodegradable plastic products.

Key Drivers

The key drivers of the biodegradable plastics market are the increasing environmental concerns over the non-biodegradability of traditional plastics, the availability of cost-effective raw materials, and the stringent government regulations on the use of traditional plastics.

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