Global Enzymatic Plastic Degradation Market Growth (Status and Outlook) 2024-2030

Global Enzymatic Plastic Degradation Market Growth (Status and Outlook) 2024-2030

Enzymatic plastic degradation refers to the biological process by which certain enzymes break down plastic materials into simpler, less harmful components. Unlike traditional physical or chemical recycling methods, enzymatic degradation leverages specific enzymes produced by microorganisms, such as bacteria and fungi, which can metabolize plastics like polyethylene and PET (polyethylene terephthalate). These enzymes act as catalysts to degrade the plastic polymers, reducing them to smaller molecules that can be further broken down or assimilated by the environment. This process offers a potentially sustainable solution to the growing issue of plastic waste, as it can lead to more efficient and eco-friendly recycling and disposal methods, while mitigating the environmental impact of plastic pollution.

The global Enzymatic Plastic Degradation market size is projected to grow from US$ 51.8 million in 2024 to US$ 137 million in 2030; it is expected to grow at a CAGR of 17.5% from 2024 to 2030.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Enzymatic Plastic Degradation 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 Enzymatic Plastic Degradation.

United States market for Enzymatic Plastic Degradation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Enzymatic Plastic Degradation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Enzymatic Plastic Degradation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Enzymatic Plastic Degradation players cover Carbios, Samsara Eco, Protein Evolution, Epoch Biodesign, Yuantian Biotechnology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Enzymatic Plastic Degradation market by product type, application, key players and key regions and countries.

Segmentation by Type:
PET
PEF
PE
Others

Segmentation by Application:
Food and Beverages
Clothing and 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

Segmentation by Type:
PET
PEF
PE
Others

Segmentation by Application:
Food and Beverages
Clothing and 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.
Carbios
Samsara Eco
Protein Evolution
Epoch Biodesign
Yuantian Biotechnology
Birch Biosciences
Enzymity
Plasticentropy

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