The Biodegradable Plastics Global Market Report 2023, provides comprehensive information on the biodegradable plastics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
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As per The Business Research Company’s Biodegradable Plastics Global Market Report 2023, the global biodegradable plastics market size grew from $4.22 billion in 2022 to $4.82 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the biodegradable plastics is expected to grow to $8.01 billion in 2027 at a CAGR of 13.5%.
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The biodegradable plastics market is segmented:
1) By Type: Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), PHA (Polyhydroxyalkanoates), Starch Blends, Other Types
2) By End User: Packaging, Agriculture, Consumer Goods, and Other End-Users
North America was the largest region in the biodegradable plastics market in 2022
Top 5 Major Key Players Are:
BASF
NatureWorks
BIOME TECHNOLOGIES PLC
Novamont S.p.A
Mitsubishi
Table Of Contents
1. Biodegradable Plastics Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
19. Company Profiles
20. Key Mergers And Acquisitions
21. Global Biodegradable Plastics Market Opportunities And Strategies
22. Biodegradable Plastics Market, Conclusions And Recommendations
23. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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