Biodegradable Polymer market is Projected to grow at a CAGR of 8.44% in the forecast period to 2029

Data Bridge Market Research analyses that the biodegradable polymer market is expected to undergo a CAGR of 8.44% during the forecast period. This indicates that the market value, which was USD 792.62 million in 2021, would rocket up to USD 1,515.59 million by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Biodegradable polymers are a different class of polymer which breaks down after its anticipated purpose by the bacterial decomposition process to result in natural derivatives such as biomass, gases (CO2, N2), water, and inorganic salts These polymers are found both synthetically and naturally made, and largely consist of amide, ester, and ether functional groups. These polymers get decomposed under anaerobic or aerobic conditions in the presence of microorganisms/enzymes.

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Some of the major players operating in the biodegradable polymer market are:
- Cereplast (U.S.)
- NatureWorks LLC, (U.S.)
- Smurfit Kappa (Ireland)
- Mondi (U.K.)
- Westrock Company (U.S.)
- Georgia-Pacific (U.S.)
- Hosgör Plastik (Turkey)
- Evonik Industries (Germany)
- Mitsubishi Gas Chemical Company Inc, (Japan)
- Bio-On.it (Italy), Toyobo Co. Ltd. (Japan)
- TEIJIN limited (U.S.)
- Avient Corporation (U.S.)
- Tate & Lyle (U.K.)
- Hiusan Biosciences (U.S.)
- Kaneka Corporation (Japan)
- BEWI (Norway)
- Green Dot Bioplastic (U.S.)

Global Biodegradable polymer Market Scope:

The biodegradable polymer market is segmented on the basis of type, substrate, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

· Polylactic Acid (PLA)

· Starch

· Polybutylene Succinate (PBS)

· Polyhydroxyalkanoates (PHA)

· Others

Substrate

· Paper and Paperboard

· Cellulose Films

· Others

Application

· Rigid Packaging

· Flexible Packaging

· Liquid Packaging

· Others

Competitive Landscape and Biodegradable Polymer Market Share Analysis:

The biodegradable polymer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to biodegradable polymer market.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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