Nov 6, 2018   SOURCE: BusinessWire

Global Biodegradable Plastics (Starch based, PLA, PHA, PBAT, PBS) Market Size, Share & Trends Analysis Report, 2018-2025 - ResearchAndMarkets.com

The "Biodegradable Plastics Market Size, Share & Trends Analysis Report By Type (Starch based, PLA, PHA, PBAT, PBS), By End Use (Packaging, Consumer Goods, Agriculture), And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global biodegradable plastics market size is projected to reach USD 6.73 billion by 2025, rising at a CAGR of 12.8% during the forecast period.

Increasing use of biodegradable plastics, owing to strict governmental laws for prohibiting use of conventional plastics, coupled with growing awareness among public towards ill-effects of plastic waste is stoking the growth of the market. The above factors are expected to spur biodegradable plastics market growth over the forecast period.

Biodegradable plastics are plastics which decompose in the environment within a reasonable period of time. Biodegradable plastics are made up of renewable raw materials. Many of these plastics require biodegradable additives to enhance biodegradation process and some may require a specific environment to disintegrate. Time taken by plastics to decompose depends upon various factors such as raw material used and environmental conditions such as moisture and temperature.

The starch based segment lead the global biodegradable market. Starch based plastics are used in various applications such as packaging, consumer electronics, agriculture, automotive and textiles. PLA is also one of the most consumed biodegradable plastic type. It is used in 3D printing, mulch film, and packaging.

Packaging is the leading end use of biodegradable plastics. Ban on plastics by European Commission is anticipated to drive the segment over the forecast period. Novel applications of biodegradable plastics in the medical sector for drug encapsulation and medical surgeries are being increasingly practiced.

Key players are investing in research and development activities in order to create improved products that are strong and can be easily decomposed in natural environment. Many of the companies have integrated through the value chain to serve customers better and improve profits of the company.

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Market Variables, Trends, and Scope

Chapter 4 Biodegradable Plastics Market: Type Estimates & Trend Analysis

Chapter 5 Biodegradable Plastics Market: End use Estimates & Trend Analysis

Chapter 6 Biodegradable Plastics Market: Regional Estimates & Trend Analysis

Chapter 7 Competitive Landscape

Chapter 8 Company Profiles

  • Cargill Incorporated
  • Mitsubishi Chemical Corporation
  • Biome Technologies PLC
  • Plantic Technologies Ltd
  • BASF SE
  • Corbion N.V.
  • Metabolix Inc. (Yield10 Bioscience Inc.)
  • Eastman Chemical
  • NatureWorks LLC
  • Dow Chemical Company
  • Biobag International As
  • Danimer Scientific, L.L.C.
  • Novamont S.p.A.

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