Report overview
Biodegradable plastics are plastics that can be decomposed by the action of living organisms, usually microbes, into water, carbon dioxide, and biomass.
This report contains market size and forecasts of Biodegradable Plastics and Polymers in global, including the following market information:
Global Biodegradable Plastics and Polymers Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Biodegradable Plastics and Polymers Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Biodegradable Plastics and Polymers companies in 2021 (%)
The global Biodegradable Plastics and Polymers market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
PLA Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Biodegradable Plastics and Polymers include BASF, Eastman, Showa Denko, DuPont, Kingfa, Mitsubishi Chemical, Meredian, Tianjin GreenBio Materials and Biomer, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biodegradable Plastics and Polymers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biodegradable Plastics and Polymers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Biodegradable Plastics and Polymers Market Segment Percentages, by Type, 2021 (%)
PLA
PHA
Others
Global Biodegradable Plastics and Polymers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Biodegradable Plastics and Polymers Market Segment Percentages, by Application, 2021 (%)
Plastic Bags
Loose Packing Material Packaging
Pharmaceutical Packaging
Paper Coated
Others
Global Biodegradable Plastics and Polymers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Biodegradable Plastics and Polymers Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biodegradable Plastics and Polymers revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Biodegradable Plastics and Polymers revenues share in global market, 2021 (%)
Key companies Biodegradable Plastics and Polymers sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Biodegradable Plastics and Polymers sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF
Eastman
Showa Denko
DuPont
Kingfa
Mitsubishi Chemical
Meredian
Tianjin GreenBio Materials
Biomer
Metabolix
Yifan Xinfu Pharmaceutical
Ecomann
Anqing Hexing
SJBRT Chemical