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Global Biobased Biodegradable Plastics Market Size study, by Product Type (polyester starch blends, poly lactic acid (PLA), cellulose, polyhydroxyalkanoate (PHA), other biobased biodegradable plastics) by Application (packaging, fibres, healthcare, agriculture, others) and Regional Forecasts 2021-2027

  • BIZ4899604
  • 200 Pages
  • January 2022
  • Materials and Chemicals
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Global Biobased Biodegradable Plastics Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Most plastics are made from fossil fuels, which contribute to increased greenhouse gas emissions and pollution. Bio-based plastics are fully or partially made from biological resources, rather than fossil raw materials. Biobased Biodegradable is being driven by growing Sustainable Packaging industry and favorable government initiatives & policies. For instance, according to as of 2020, biodegradable plastics, which includes PLA, PHA, starch blends and others, account for approximately 60 percent (over 1.2 million tonnes) of the total global bioplastics production capacities. By the year 2025 the production of biodegradable plastics is expected to increase to 1.8 million. this significant growth would be mainly due to Polyhydroxyalkanoates significant growth rates and new investments for PLA production in the US and in Europe. Also, in august 2020, Biome Bioplastics (UK’s leading developer of natural plastics) has been awarded funding of USD 0.30 million from the UK Government’s Innovate UK agency to support a new USD 0.39 million collaborative project to scale-up its novel compostable bioplastic materials in collaboration of the University of Nottingham’s Department of Chemical and Environmental Engineering. Also, with the increasing demand from end use industry and Shifting trends towards biodegradable plastics, the adoption & demand for Biobased Biodegradable Plastics is likely to increase the market growth during the forecast period. However, lack of awareness for biobased plastics and low durability as compared to conventional plastics are some of the major factors that impede the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Biobased Biodegradable Plastics market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to increasing demand sustainable packaging solutions in the region. Whereas, North America is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as increasing adoption of biobased products and presence of leading players in the region would create lucrative growth prospects for the Biobased Biodegradable Plastics market across Asia-Pacific region.

Major market player included in this report are:

Natureworks (US)

BASF (Germany),

Novamont (Italy),

Total Corbion (Netherlands),

Biome Bioplastics (UK),

Toray Industries (Japan),

Fkur Kunstsoff (Germany),

Mitsubishi Chemical Holding Corporation (Japan),

Danimer Scientific (US),

Plantic Technologies (Australia)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

polyester

starch blends

poly lactic acid (PLA)

cellulose

polyhydroxyalkanoate (PHA)

other biobased biodegradable plastics

By Application:

packaging

fibres

healthcare

agriculture

others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Biobased Biodegradable Plastics Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Biobased Biodegradable Plastics Market, by Region, 2019-2027 (USD Billion)

1.2.2. Biobased Biodegradable Plastics Market, by Product Type, 2019-2027 (USD Billion)

1.2.3. Biobased Biodegradable Plastics Market, by Application, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Biobased Biodegradable Plastics Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Biobased Biodegradable Plastics Market Dynamics

3.1. Biobased Biodegradable Plastics Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Growing Sustainable Packaging industry

3.1.1.2. Favourable government initiatives.

3.1.2. Market Challenges

3.1.2.1. Low durability as compared to conventional plastics

3.1.2.2. Lack of awareness for biobased plastics

3.1.3. Market Opportunities

3.1.3.1. Growing adoption from end use industries.

3.1.3.2. Shifting trends towards biodegradable plastics.

Chapter 4. Global Biobased Biodegradable Plastics Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Biobased Biodegradable Plastics Market, by Product Type

6.1. Market Snapshot

6.2. Global Biobased Biodegradable Plastics Market by Product Type, Performance - Potential Analysis

6.3. Global Biobased Biodegradable Plastics Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)

6.4. Biobased Biodegradable Plastics Market, Sub Segment Analysis

6.4.1. polyester

6.4.2. starch blends

6.4.3. poly lactic acid (PLA)

6.4.4. cellulose

6.4.5. polyhydroxyalkanoate (PHA)

6.4.6. other biobased biodegradable plastics

Chapter 7. Global Biobased Biodegradable Plastics Market, by Application

7.1. Market Snapshot

7.2. Global Biobased Biodegradable Plastics Market by Application, Performance - Potential Analysis

7.3. Global Biobased Biodegradable Plastics Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

7.4. Biobased Biodegradable Plastics Market, Sub Segment Analysis

7.4.1. packaging

7.4.2. fibres

7.4.3. healthcare

7.4.4. agriculture

7.4.5. others

Chapter 8. Global Biobased Biodegradable Plastics Market, Regional Analysis

8.1. Biobased Biodegradable Plastics Market, Regional Market Snapshot

8.2. North America Biobased Biodegradable Plastics Market

8.2.1. U.S. Biobased Biodegradable Plastics Market

8.2.1.1. Product Type breakdown estimates & forecasts, 2018-2027

8.2.1.2. Application breakdown estimates & forecasts, 2018-2027

8.2.2. Canada Biobased Biodegradable Plastics Market

8.3. Europe Biobased Biodegradable Plastics Market Snapshot

8.3.1. U.K. Biobased Biodegradable Plastics Market

8.3.2. Germany Biobased Biodegradable Plastics Market

8.3.3. France Biobased Biodegradable Plastics Market

8.3.4. Spain Biobased Biodegradable Plastics Market

8.3.5. Italy Biobased Biodegradable Plastics Market

8.3.6. Rest of Europe Biobased Biodegradable Plastics Market

8.4. Asia-Pacific Biobased Biodegradable Plastics Market Snapshot

8.4.1. China Biobased Biodegradable Plastics Market

8.4.2. India Biobased Biodegradable Plastics Market

8.4.3. Japan Biobased Biodegradable Plastics Market

8.4.4. Australia Biobased Biodegradable Plastics Market

8.4.5. South Korea Biobased Biodegradable Plastics Market

8.4.6. Rest of Asia Pacific Biobased Biodegradable Plastics Market

8.5. Latin America Biobased Biodegradable Plastics Market Snapshot

8.5.1. Brazil Biobased Biodegradable Plastics Market

8.5.2. Mexico Biobased Biodegradable Plastics Market

8.6. Rest of The World Biobased Biodegradable Plastics Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Nature Works (US)

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. BASF (Germany),

9.2.3. Novamont (Italy),

9.2.4. Total Corbion (Netherlands),

9.2.5. Biome Bioplastics (UK),

9.2.6. Toray Industries (Japan),

9.2.7. Fkur Kunstsoff (Germany),

9.2.8. Mitsubishi Chemical Holding Corporation (Japan),

9.2.9. Danimer Scientific (US),

9.2.10. Plantic Technologies (Australia)

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Biobased Biodegradable Plastics market, report scope

TABLE 2. Global Biobased Biodegradable Plastics market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global Biobased Biodegradable Plastics market estimates & forecasts by Product Type 2018-2027 (USD Billion)

TABLE 4. Global Biobased Biodegradable Plastics market estimates & forecasts by Application 2018-2027 (USD Billion)

TABLE 5. Global Biobased Biodegradable Plastics market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 6. Global Biobased Biodegradable Plastics market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Biobased Biodegradable Plastics market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Biobased Biodegradable Plastics market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Biobased Biodegradable Plastics market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Biobased Biodegradable Plastics market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Biobased Biodegradable Plastics market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Biobased Biodegradable Plastics market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Biobased Biodegradable Plastics market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Biobased Biodegradable Plastics market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. U.S. Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. U.S. Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 17. U.S. Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 18. Canada Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Canada Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 20. Canada Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. UK Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. UK Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. UK Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. Germany Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. Germany Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Germany Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. RoE Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. RoE Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. RoE Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. China Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. China Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. China Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. India Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. India Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. India Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Japan Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. Japan Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Japan Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. RoAPAC Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. RoAPAC Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. RoAPAC Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Brazil Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. Brazil Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. Brazil Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Mexico Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. Mexico Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. Mexico Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. RoLA Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. RoLA Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. RoLA Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. Row Biobased Biodegradable Plastics market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. Row Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Row Biobased Biodegradable Plastics market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. List of secondary sources, used in the study of global Biobased Biodegradable Plastics market

TABLE 55. List of primary sources, used in the study of global Biobased Biodegradable Plastics market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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