Biodegradable plastics are defined as plastics that undergo decomposition in a specified period of time under composting conditions in industrial facilities.

The global Biodegradable Plastic market was valued at US$ 2942.1 million in 2023 and is anticipated to reach US$ 5392.4 million by 2030, witnessing a CAGR of 8.6% during the forecast period 2024-2030.

Biodegradable plastics are increasingly gaining popularity over the past decade. They are used in various applications, most importantly in packaging application. The biodegradable plastics market still accounts for less than 1% of the overall plastics market, but, with growing consumption, this trend is expected to change in the near future.

This report aims to provide a comprehensive presentation of the global market for Biodegradable Plastic, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biodegradable Plastic.

Report Scope

The Biodegradable Plastic market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Biodegradable Plastic market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Biodegradable Plastic manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


BASF

Mitsubishi Chemical

Kuraray

Corbion

Metabolix

NatureWorks

Biome Technologies

Bio-On SpA

Meredian Holdings Group

Tianan Biologic Materials


Segment by Type


Polylactic Acid (PLA)

Polybutylene Succinate (PBS)

Polyhydroxyalkanoates (PHA)

Cellulose Derivatives

Others


Segment by Application


Packaging

Textiles

Automotive

Agriculture

Construction

Others


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Biodegradable Plastic manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Biodegradable Plastic by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Biodegradable Plastic in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.