Global Biodegradable Polymers Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Biodegradable Polymers market size was valued at USD 1340.6 million in 2023 and is forecast to a readjusted size of USD 2076.5 million by 2030 with a CAGR of 6.5% during review period.
Biodegradable polymers are the degradable inorganic molecules. They can be either natural or synthetic and can be made of either ester, amide or ether. They find use in many industries such as pharmaceuticals, agriculture, packaging etc.
One of the key factors driving the growth of this market is the rise in enhanced consumer appeal to eco-friendly packaging. As consumer focus is changing towards healthier living, the demand for a natural, sustainable, and green product is also increasing. This shift in consumer behavior has compelled the major plastics manufacturers and packaging vendors to explore the possibilities of biodegradable polymers. Moreover, the need to conform with government regulations is forcing vendors to focus on manufacturing biodegradable polymers and promote the products that have sustainable components in the export market. It has also been observed that consumers prefer sustainable options for plastic bags and food packaging. The leaders in the global biodegradable polymers market are North America and Asia Pacific that includes China and Japan. Owing to consumer awareness regarding the use of renewable polymers, Europe has emerged as the leading market for biodegradable polymers. North America is expected to grow considerably during the forecast period, due to the consumer shift and rising crude oil prices. The report mentions that during the forecast horizon, Asia Pacific is estimated to witness rapid growth, with countries such as China and Japan evolving as major markets for biodegradable polymers.
The Global Info Research report includes an overview of the development of the Biodegradable Polymers industry chain, the market status of Pharmaceutical (Synthetic Biodegradable Polymers, Natural Biodegradable Polymers), Agricultural (Synthetic Biodegradable Polymers, Natural Biodegradable Polymers), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Biodegradable Polymers.
Regionally, the report analyzes the Biodegradable Polymers markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Biodegradable Polymers market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Biodegradable Polymers market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Biodegradable Polymers industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Synthetic Biodegradable Polymers, Natural Biodegradable Polymers).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Biodegradable Polymers market.
Regional Analysis: The report involves examining the Biodegradable Polymers market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Biodegradable Polymers market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Biodegradable Polymers:
Company Analysis: Report covers individual Biodegradable Polymers manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Biodegradable Polymers This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Pharmaceutical, Agricultural).
Technology Analysis: Report covers specific technologies relevant to Biodegradable Polymers. It assesses the current state, advancements, and potential future developments in Biodegradable Polymers areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Biodegradable Polymers market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Biodegradable Polymers market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Synthetic Biodegradable Polymers
Natural Biodegradable Polymers
Market segment by Application
Pharmaceutical
Agricultural
Biomedical
Packaging
Others
Major players covered
Arkema
BASF
NatureWorks
Novamont
Plantic
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Biodegradable Polymers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Biodegradable Polymers, with price, sales, revenue and global market share of Biodegradable Polymers from 2019 to 2024.
Chapter 3, the Biodegradable Polymers competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Biodegradable Polymers breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Biodegradable Polymers market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Biodegradable Polymers.
Chapter 14 and 15, to describe Biodegradable Polymers sales channel, distributors, customers, research findings and conclusion.