Biodegradable Plastics Market Size, Share, Industry Analysis, Trends, Growth, 2032

Biodegradable Plastics Market

Biodegradable Plastics Market - By Type (PLA, Starch Blends, PHA, Biodegradable Polyesters, And Others), And By End-Use (Packaging & Bags, Consumer Goods, Agriculture & Horticulture, Textile, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032

Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-3569 Published Date: Feb-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 5.43 Billion USD 11.80 Billion 9.00% 2023

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Biodegradable Plastics Market, 2015 - 2024, (Kilotons) (USD Billion)
    • 2.2. Biodegradable Plastics Market: Market Snapshot
  •  
  • Chapter 3. Biodegradable Plastics Market - Industry Analysis
    • 3.1. Biodegradable Plastics Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Increasing Use in Food Packaging & Compostable Bags
      • 3.2.2. The shift in Consumer Preference Toward Eco-Friendly Plastic Products
    • 3.3. Opportunity
      • 3.3.1. Emerging End-Use Industries of Biodegradable Plastics
    • 3.4. Restrain
      • 3.4.1. Higher Cost of Biodegradable Plastics than that of Conventional Plastics
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market Attractiveness Analysis by Type Segment
      • 3.6.2. Market Attractiveness Analysis by End-Use Segment
      • 3.6.3. Market Attractiveness Analysis by Regional Segment
  •  
  • Chapter 4. Biodegradable Plastics Market- Competitive Landscape
    • 4.1. Company Market Share Analysis, 2017 (Subject to Data Availability)
    • 4.2. Strategic Developments
    • 4.3. Acquisitions & Mergers
    • 4.4. New Product Launch
    • 4.5. Agreements, Partnerships, Collaborations and Joint Ventures
    • 4.6. Research and Development, Product and Regional Expansion
  •  
  • Chapter 5. Global Biodegradable Plastics Market-Type Segment Analysis
    • 5.1. Global Biodegradable Plastics Market Overview: by Type
      • 5.1.1. Biodegradable Plastics Market Volume Share, by Type, 2017 and 2024
    • 5.2. PLA
      • 5.2.1. Global Biodegradable Plastics Market for PLA, 2015-2024(Kilotons) (USD Billion)
    • 5.3. Starch Blends
      • 5.3.1. Global Biodegradable Plastics Market for Starch Blends, 2015-2024 (Kilotons) (USD Billion)
    • 5.4. PHA
      • 5.4.1. Global Biodegradable Plastics Market for PHA, 2015-2024 (Kilotons) (USD Billion)
    • 5.5. Biodegradable Polyesters
      • 5.5.1. Global Biodegradable Plastics Market for Biodegradable Polyesters, 2015-2024 (Kilotons) (USD Billion)
    • 5.6. Others
      • 5.6.1. Global Biodegradable Plastics Market for Biodegradable Polyesters, 2015-2024 (Kilotons) (USD Billion)
  •  
  • Chapter 6. Global Biodegradable Plastics Market -End-Use Segment Analysis
    • 6.1. Global Biodegradable Plastics Market Overview: by End-Use
      • 6.1.1. Biodegradable Plastics Market Volume Share, by End-Use, 2017 and 2024
    • 6.2. Packaging & Bags
      • 6.2.1. Biodegradable Plastics Market for Packaging & Bags, 2015-2024 (Kilotons) (USD Billion)
    • 6.3. Consumer Goods
      • 6.3.1. Global Biodegradable Plastics Market for Personal Care, 2015-2024 (Kilotons) (USD Billion)
    • 6.4. Agriculture & Horticulture
      • 6.4.1. Global Biodegradable Plastics Market for Agriculture & Horticulture, 2015-2024 (Kilotons) (USD Billion)
    • 6.5. Textile
      • 6.5.1. Biodegradable Plastics Market for Plasticizers, 2015-2024 (Kilotons) (USD Billion)
    • 6.6. Others
      • 6.6.1. Global Biodegradable Plastics Market for Pharmaceutical Formulation, 2015-2024 (Kilotons) (USD Billion)
  •  
  • Chapter 7. Global Biodegradable Plastics Market- Regional Analysis
    • 7.1. Global Biodegradable Plastics Market Overview: by Region
      • 7.1.1. Global Biodegradable Plastics Market Volume Share, by Region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. North America Biodegradable Plastics Market, 2015 - 2024(Kilotons) (USD Billion)
      • 7.2.2. North America Biodegradable Plastics Market Volume, by Type, 2015 - 2024(Kilotons)
      • 7.2.3. North America Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024(Kilotons)
      • 7.2.4. North America Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
      • 7.2.5. North America Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
      • 7.2.6. The U.S.
        • 7.2.6.1. The U.S. Biodegradable Plastics Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.2.6.2. The U.S. Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024 (Kilotons)
        • 7.2.6.3. The U.S. Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 7.2.6.4. The U.S. Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
    • 7.3. Europe
      • 7.3.1.1. Europe Biodegradable Plastics Market Volume, by Type, 2015 - 2024 (Kilotons)
      • 7.3.1.2. Europe Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024 (Kilotons)
      • 7.3.1.3. Europe Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
      • 7.3.1.4. Europe Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
      • 7.3.2. UK
        • 7.3.2.1. UK Biodegradable Plastics Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.3.2.2. UK Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024 (Kilotons)
        • 7.3.2.3. UK Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 7.3.2.4. UK Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
      • 7.3.3. France
        • 7.3.3.1. France Biodegradable Plastics Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.3.3.2. France Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024 (Kilotons)
        • 7.3.3.3. France Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 7.3.3.4. France Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
      • 7.3.4. Germany
        • 7.3.4.1. Germany Biodegradable Plastics Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.3.4.2. Germany Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024 (Kilotons)
        • 7.3.4.3. Germany Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 7.3.4.4. Germany Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Biodegradable Plastics Market, 2015 - 2024(Kilotons) (USD Billion)
      • 7.4.2. Asia Pacific Biodegradable Plastics Market Volume, by Type, 2015 - 2024(Kilotons)
      • 7.4.3. Asia Pacific Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024(Kilotons)
      • 7.4.4. Asia Pacific Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
      • 7.4.5. Asia Pacific Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
      • 7.4.6. China
        • 7.4.6.1. China Biodegradable Plastics Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.4.6.2. China Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024 (Kilotons)
        • 7.4.6.3. China Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 7.4.6.4. China Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
      • 7.4.7. Japan
        • 7.4.7.1. Japan Biodegradable Plastics Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.4.7.2. Japan Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024 (Kilotons)
        • 7.4.7.3. Japan Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 7.4.7.4. Japan Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
      • 7.4.8. India
        • 7.4.8.1. India Biodegradable Plastics Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.4.8.2. India Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024 (Kilotons)
        • 7.4.8.3. India Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 7.4.8.4. India Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America Biodegradable Plastics Market, 2015 - 2024(Kilotons) (USD Billion)
      • 7.5.2. Latin America Biodegradable Plastics Market Volume, by Type, 2015 - 2024(Kilotons)
      • 7.5.3. Latin America Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024(Kilotons)
      • 7.5.4. Latin America Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
      • 7.5.5. Latin America Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
      • 7.5.6. Brazil
        • 7.5.6.1. Brazil Biodegradable Plastics Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.5.6.2. Brazil Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024 (Kilotons)
        • 7.5.6.3. Brazil Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 7.5.6.4. Brazil Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East & Africa Biodegradable Plastics Market, 2015 - 2024(Kilotons) (USD Billion)
      • 7.6.2. The Middle East & Africa Biodegradable Plastics Market Volume, by Type, 2015 - 2024(Kilotons)
      • 7.6.3. The Middle East & Africa Biodegradable Plastics Market Volume, by End-Use, 2015 - 2024(Kilotons)
      • 7.6.4. The Middle East & Africa Biodegradable Plastics Market Revenue, by Type, 2015 - 2024 (USD Billion)
      • 7.6.5. The Middle East & Africa Biodegradable Plastics Market Revenue, by End-Use, 2015 - 2024 (USD Billion)
  •  
  • Chapter 8. Company Profiles
    • 8.1. NatureWorks
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. BASF SE
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Total Corbion PLA
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Mitsubishi Chemical Corporation
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Biome Bioplastics
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Developments
    • 8.6. Plantic Technologies
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Developments
    • 8.7. Bio-On.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Developments
    • 8.8. VVF Danimer Scientific
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Developments
    • 8.9. Royal Dutch Shell PLC
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Developments

Table Of Figures

List of Figures

1. Market Research Process
2. Market Research Methodology
3. Global Biodegradable Plastics Market, 2015 - 2024(Kilotons)(USD Billion)
4. Porter’s Five Forces Analysis: Controlled Biodegradable Plastics Market
5. Global Biodegradable Plastics Market Attractiveness, by Type
6. Global Biodegradable Plastics Market Attractiveness, by End-Use
7. Global Biodegradable Plastics Market Attractiveness, by Region
8. Global Biodegradable Plastics Market Volume Share, by Type, 2017&2024
9. Global Biodegradable Plastics Market Volume Share, by End-Use, 2017&2024
10. Global Biodegradable Plastics MarketforPLA,2015-2024(Kilotons)(USD Billion)
11. Global Biodegradable Plastics Market for Starch Blends, 2015 - 2024(Kilotons) (USD Billion)
12. Global Biodegradable Plastics Market for PHA, 2015 - 2024(Kilotons) (USD Billion)
13. Global Biodegradable Plastics Market for Biodegradable Polyesters, 2015 - 2024 (Kilotons) (USD Billion)
14. Global Biodegradable Plastics Market for Others, 2015 - 2024 (Kilotons) (USD Billion)
15. Global Biodegradable Plastics Market for Packaging & Bags, 2015 - 2024 (Kilotons) (USD Billion)
16. Global Biodegradable Plastics Market for Consumer Goods, 2015 - 2024 (Kilotons) (USD Billion)
17. Global Biodegradable Plastics Market for Agriculture & Horticulture, 2015 - 2024 (Kilotons) (USD Billion)
18. Global Biodegradable Plastics Market for Textile, 2015 - 2024 (Kilotons) (USD Billion)
19. Global Biodegradable Plastics Market for Others, 2015 - 2024 (Kilotons) (USD Billion)
20. Global Biodegradable Plastics Market Volume Share, by Region, 2017&2024
21. North America Biodegradable Plastics Market, 2015 - 2024(Kilotons)(USD Billion)
22. Europe Biodegradable Plastics Market, 2015 - 2024(Kilotons)(USD Billion)
23. Asia Pacific Biodegradable Plastics Market, 2015 –2024(Kilotons)(USD Billion)
24. Latin America Biodegradable Plastics Market, 2015-2024(Kilotons)(USD Billion)
25. The Middle East & Africa Biodegradable Plastics Market, 2015 – 2024(Kilotons)(USD Billion)


Table Of Tables

List of Tables

1. Global Biodegradable Plastics Market: Snapshot
2. Drivers for Biodegradable Plastics Market: Impact Analysis
3. Restraints of Biodegradable Plastics Market: Impact Analysis
4. North America Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
5. North America Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
6. North America Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
7. North America Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
8. The U.S. Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
9. The U.S. Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
10. The U.S. Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
11. The U.S. Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
12. Europe Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
13. Europe Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
14. Europe Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
15. Europe Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
16. UK Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
17. UK Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
18. UK Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
19. UK Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
20. France Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
21. France Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
22. France Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
23. France Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
24. Germany Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
25. Germany Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
26. Germany Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
27. Germany Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
28. Asia Pacific Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
29. Asia Pacific Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
30. Asia Pacific Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
31. Asia Pacific Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
32. China Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
33. China Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
34. China Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
35. China Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
36. Japan Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
37. Japan Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
38. Japan Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
39. Japan Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
40. India Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
41. India Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
42. India Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
43. India Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
44. Latin America Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
45. Latin America Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
46. Latin America Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
47. Latin America Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
48. Brazil Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)  
49. Brazil Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)  
50. Brazil Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
51. Brazil Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)
52. The Middle East & Africa Biodegradable Plastics Market Volume, by Type, 2015 – 2024 (Kilotons)
53. The Middle East & Africa Biodegradable Plastics Market Volume, by End-Use, 2015 – 2024 (Kilotons)
54. The Middle East & Africa Biodegradable Plastics Market Revenue, by Type, 2015 – 2024 (USD Billion)
55. The Middle East & Africa Biodegradable Plastics Market Revenue, by End-Use, 2015 – 2024 (USD Billion)

Methodology

FrequentlyAsked Questions

Biodegradable plastics reduce ecosystem damage by breaking down naturally. Microorganisms decompose biodegradable polymers into environmentally friendly byproducts. These polymers can be made from plant-based ingredients or modified petrochemical plastics. Offering a more sustainable alternative to plastic waste for packaging and single-use items reduces the environmental impact.

Biodegradable plastics market growth depends on numerous variables. Growing environmental awareness and plastic pollution concerns boost demand for sustainable alternatives. Regulatory actions, especially eco-friendly material policies, shape the market. Consumer demand for eco-friendly products and business sustainability goals drive market growth. Materials science advances and development into more efficient and cost-effective biodegradable solutions drive market expansion. These reasons support the biodegradable plastics market growth.

According to a study, the global biodegradable plastics market size was worth around USD 5.43 billion in 2022 and is predicted to grow to around USD 11.80 billion by 2030.

The CAGR value of the biodegradable plastics market is expected to be around 9.00% during 2023-2030.

In the biodegradable plastics market, Europe is projected to be a major player. European countries have led environmental sustainability efforts by reducing plastic waste with strict restrictions.

The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global biodegradable plastics market, such as NatureWorks, BASF SE, Total Corbion PLA, Mitsubishi Chemical Corporation, Biome Bioplastics, Plantic Technologies, Bio-On, Danimer Scientific, Novamont S.P.A., Toray Industries, and others.

The global biodegradable plastics market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.

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