Press release
Global Biodegradable Plastic Market Size & Trends
Global Biodegradable Plastic Market Size & Trends
The growth of the global biodegradable plastic market is driven by rising awareness of environmental issues, stringent regulations promoting sustainable practices, and a growing consumer preference for eco-friendly products. Increased corporate initiatives towards green packaging and advancements in biodegradable technologies also drive the market's substantial growth.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Global Biodegradable Plastic Market - Forecast to 2028'' https://www.globalmarketestimates.com/market-report/global-biodegradable-plastics-market
By Product (Starch-based, PLA, PBS, PBAT, PHA, and Others), By Application (Packaging, Agriculture, Consumer Goods, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis
Key Market Insights
• As per the product outlook, the starch-based segment is expected to be the largest segment in the global biodegradable plastic market from 2023 to 2028
• As per the application outlook, packaging is expected to be the largest segment in the global biodegradable plastic market from 2023 to 2028
• Asia Pacific is analyzed to be the fastest-growing region in the market
• Europe is estimated to hold the largest share of the market during the forecast period from 2023-2028
• Cargill Incorporated, PTT MCC Biochem Co., Ltd., Biome Technologies plc, Plantic Technologies Limited, BASF SE, Total Corbion PLA, Synbra Technology BV, Futerro, Novamont SpA, and NatureWorks LLC, among others, are some of the key players operating in the global biodegradable plastic market.
Product Outlook (Revenue, USD Billion, 2023-2028)
• Starch-based
• PLA
• PBS
• PBAT
• PHA
• Others
Application Outlook (Revenue, USD Billion, 2023-2028)
• Packaging
• Agriculture
• Consumer Goods
• Others
By Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Netherlands
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Thailand
• Indonesia
• Malaysia
• Singapore
• Vietnam
• Rest of APAC
Central and South America
• Brazil
• Argentina
• Chile
• Rest of CSA
Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of MEA
Contact: Yash Jain
Director- Global Accounts & Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
Website: www.globalmarketestimates.com
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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