Global Petroleum-based Degradable Plastic Market Growth 2023-2029

Global Petroleum-based Degradable Plastic Market Growth 2023-2029

Biodegradable polymers are defined as materials whose chemical and physical characteristics undergo deterioration and completely degrade when exposed to microorganisms, aerobic, and anaerobic processes

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

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

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

The global Petroleum-based Degradable Plastic 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 Degradable Plastic 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 Degradable Plastic 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 Degradable Plastic 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 Degradable Plastic players cover BASF, Novamont, Mitsubishi Chemical, Kingfa, Yifan Xinfu Pharmaceutical, Anqing Hexing, SJBRT Chemical, Hengli and Jinhuizhaolong, 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 Petroleum-based Degradable Plastic market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
PBS
PBAT
PHA
Other

Segmentation by application
Disposable Packaging
Disposable Tableware
Agricultural Film
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.
BASF
Novamont
Mitsubishi Chemical
Kingfa
Yifan Xinfu Pharmaceutical
Anqing Hexing
SJBRT Chemical
Hengli
Jinhuizhaolong
Sinopec
Mogao

Key Questions Addressed in this Report

What is the 10-year outlook for the global Petroleum-based Degradable Plastic market?

What factors are driving Petroleum-based Degradable Plastic market growth, globally and by region?

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

How do Petroleum-based Degradable Plastic market opportunities vary by end market size?

How does Petroleum-based Degradable Plastic 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.