Report overview
Plastic that is compostable is biodegradable, but not every plastic that is biodegradable is compostable. Whereas biodegradable plastic may be engineered to biodegrade in soil or water, compostable plastic refers to biodegradation into soil conditioning material (i.e., compost) under a certain set of conditions.
This report aims to provide a comprehensive presentation of the global market for Petroleum-Based Compostable Plastics, 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 Petroleum-Based Compostable Plastics. This report contains market size and forecasts of Petroleum-Based Compostable Plastics in global, including the following market information:
Global Petroleum-Based Compostable Plastics Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Petroleum-Based Compostable Plastics Market Sales, 2018-2023, 2024-2029, (Tons)
Global top five Petroleum-Based Compostable Plastics companies in 2022 (%)
The global Petroleum-Based Compostable Plastics market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
PBS Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Petroleum-Based Compostable Plastics include BASF, Novamont, Mitsubishi Chemical, Kingfa, Yifan Xinfu Pharmaceutical, Anqing Hexing, SJBRT Chemical, Hengli and Jinhuizhaolong, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
we surveyed the Petroleum-Based Compostable Plastics 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 Petroleum-Based Compostable Plastics Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Petroleum-Based Compostable Plastics Market Segment Percentages, by Type, 2022 (%)
PBS
PBAT
PGA
Other
Global Petroleum-Based Compostable Plastics Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Petroleum-Based Compostable Plastics Market Segment Percentages, by Application, 2022 (%)
Disposable Packaging
Disposable Tableware
Agricultural Film
Other
Global Petroleum-Based Compostable Plastics Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Petroleum-Based Compostable Plastics Market Segment Percentages, By Region and Country, 2022 (%)
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 Petroleum-Based Compostable Plastics revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Petroleum-Based Compostable Plastics revenues share in global market, 2022 (%)
Key companies Petroleum-Based Compostable Plastics sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Petroleum-Based Compostable Plastics sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF
Novamont
Mitsubishi Chemical
Kingfa
Yifan Xinfu Pharmaceutical
Anqing Hexing
SJBRT Chemical
Hengli
Jinhuizhaolong
Sinopec
Mogao
Outline of Major Chapters:
Chapter 1: Introduces the definition of Petroleum-Based Compostable Plastics, market overview.
Chapter 2: Global Petroleum-Based Compostable Plastics market size in revenue and volume.
Chapter 3: Detailed analysis of Petroleum-Based Compostable Plastics manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Petroleum-Based Compostable Plastics 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Petroleum-Based Compostable Plastics capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
