Global Compostable Plastics Market Growth 2023-2029

Global Compostable Plastics Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Compostable Plastics Industry Forecast” looks at past sales and reviews total world Compostable Plastics sales in 2022, providing a comprehensive analysis by region and market sector of projected Compostable Plastics sales for 2023 through 2029. With Compostable Plastics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Compostable Plastics industry.

This Insight Report provides a comprehensive analysis of the global Compostable Plastics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Compostable Plastics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Compostable Plastics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Compostable Plastics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Compostable Plastics.

The global Compostable Plastics market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Compostable Plastics is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Compostable Plastics is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Compostable Plastics is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Compostable Plastics players cover Evonik, BASF, Natureworks, Total-Corbion, Novamont, Biome Bioplastics, Toray Industries, Mitsubishi Chemical Corporation and Plantic Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Compostable Plastics market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Polylactic Acid (PLA)
Polyhydroxy Fatty Acid (PHA)
Thermoplastic (Complex) Starch
Polybutylene Succinate (PBS)
Others

Segmentation by application
Packaging
Consumer Goods
Agriculture & Horticulture
Textiles
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Evonik
BASF
Natureworks
Total-Corbion
Novamont
Biome Bioplastics
Toray Industries
Mitsubishi Chemical Corporation
Plantic Technologies
Danimer Scientific
TIPA

Key Questions Addressed in this Report

What is the 10-year outlook for the global Compostable Plastics market?

What factors are driving Compostable Plastics market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Compostable Plastics market opportunities vary by end market size?

How does Compostable Plastics break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.