Global Petroleum-based Biodegradable Plastics Market Growth 2023-2029

Global Petroleum-based Biodegradable Plastics Market Growth 2023-2029

The global Petroleum-based Biodegradable 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 Petroleum-based Biodegradable 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 Petroleum-based Biodegradable 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 Petroleum-based Biodegradable 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 Petroleum-based Biodegradable Plastics players cover Novamont, BASF, SK Chemicals, Mitsubishi Chemical, China National Chemical Engineering Co., LTD., KINGFA SCI.&TECH. CO.,LTD., JinHui ZhaoLong High Technology Co.Ltd., Hengli Petrochemical Co., Ltd. and Xinjiang Blue Ridge Tunhe Sci. & Tech. Co.,Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

This Insight Report provides a comprehensive analysis of the global Petroleum-based Biodegradable 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 Petroleum-based Biodegradable Plastics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Petroleum-based Biodegradable Plastics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Petroleum-based Biodegradable 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 Petroleum-based Biodegradable Plastics.

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

Market Segmentation:

Segmentation by type
Polybutylene Adipate Terephthalate (PBAT)
Polycaprolactone (PCL)

Segmentation by application
Flexible Packaging
Rigid Packaging
Agriculture and Horticulture
Coatings and Tapes
Consumer Goods
Textile
Other

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.
Novamont
BASF
SK Chemicals
Mitsubishi Chemical
China National Chemical Engineering Co., LTD.
KINGFA SCI.&TECH. CO.,LTD.
JinHui ZhaoLong High Technology Co.Ltd.
Hengli Petrochemical Co., Ltd.
Xinjiang Blue Ridge Tunhe Sci. & Tech. Co.,Ltd.
Shandong Ruifeng Chemical Co., Ltd.
Kolon Industries
Huafon Chemical Co.,Ltd.
Guangdong SUNTIP New Materials co.,ltd.
Ingevity
Daicel
Shenzhen Esun Industrial Co., Ltd.
Hunan Juren Chemical Hitechnology Co.,Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Petroleum-based Biodegradable Plastics market?

What factors are driving Petroleum-based Biodegradable Plastics market growth, globally and by region?

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

How do Petroleum-based Biodegradable Plastics market opportunities vary by end market size?

How does Petroleum-based Biodegradable 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.