Latest research report on “Biodegradable Plastic Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Biodegradable plastics are defined as plastics that undergo decomposition in a specified period of time under composting conditions in industrial facilities.
This report contains market size and forecasts of Biodegradable Plastic in global, including the following market information:
Global Biodegradable Plastic Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Biodegradable Plastic Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Biodegradable Plastic companies in 2021 (%)
The global Biodegradable Plastic market was valued at 3027.3 million in 2021 and is projected to reach US$ 5266.1 million by 2028, at a CAGR of 8.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Polylactic Acid (PLA) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Biodegradable Plastic include BASF, Mitsubishi Chemical, Kuraray, Corbion, Metabolix, NatureWorks, Biome Technologies, Bio-On SpA and Meredian Holdings Group and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biodegradable Plastic manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biodegradable Plastic Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Biodegradable Plastic Market Segment Percentages, by Type, 2021 (%)
– Polylactic Acid (PLA)
– Polybutylene Succinate (PBS)
– Polyhydroxyalkanoates (PHA)
– Cellulose Derivatives
Global Biodegradable Plastic Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Biodegradable Plastic Market Segment Percentages, by Application, 2021 (%)
Global Biodegradable Plastic Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Biodegradable Plastic Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Biodegradable Plastic revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Biodegradable Plastic revenues share in global market, 2021 (%)
Key companies Biodegradable Plastic sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Biodegradable Plastic sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Mitsubishi Chemical
– Biome Technologies
– Bio-On SpA
– Meredian Holdings Group
– Tianan Biologic Materials
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