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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Biodegradable Polymers Market Growth
Biodegradable polymers, often referred to as biopolymers, are typically sourced from various natural materials. These biopolymers, such as PLA, PHA, and starch, are widely used in plastics due to their lower environmental impact, which further fuels the biodegradable polymers industry growth.
Biodegradability is a feature of polymers independent of their origin and may be changed by making alterations at the molecular level. For example, some polymers are produced from petroleum feedstock but are biodegradable. Biopolymers from renewable feedstock are the most plentiful and commonly available biopolymers.
Biodegradable Polymers Market Report Snapshots
Biodegradable Polymers Market Size
Biodegradable Polymers Market Growth
Biodegradable Polymers Market Analysis
Biodegradable Polymers Market Share
Biodegradable Polymers Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The biodegradable polymers market value is expected to grow at a CAGR of 21.1% during the forecast period of 2024-2032.
The major drivers of the market include the increasing demand in the packaging industry, industrialisation and urbanisation, favourable government policies, and rise in awareness regarding the benefits of using biodegradable polymers.
The increased interest in biodegradable materials for use in various sectors and growing concerns regarding environmental degradation are the key industry trends propelling the market's growth.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Based on type, the market is divided into starch-based plastics, polylactic acid (PLA), polyhydroxy alkanoates (PHA), polyesters (PBS, PBAT, and PCL), and cellulose derivatives.
The several distribution channels are agriculture, healthcare, textile, packaging, and consumer electronics, among others.
The competitive landscape consists of BASF SE, NatureWorks LLC, Novamont SpA, Total Corbion PLA, Rodenburg Biopolymers, and Biome Bioplastics Limited, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124