Biodegradable Plastics Market by Type (PLA, Starch Blends, PBAT, PHA, PBS), End-Use Industry (Packaging, Consumer Goods, Textiles, Agriculture & Horticulture), and Region- Global Forecast to 2029

Biodegradable Plastics Market by Type (PLA, Starch Blends, PBAT, PHA, PBS), End-Use Industry (Packaging, Consumer Goods, Textiles, Agriculture & Horticulture), and Region- Global Forecast to 2029



The Biodegradable plastics market size is projected to grow from USD 12.92 billion in 2024 to USD 33.52 billion by 2029, registering a CAGR of 21.3% during the forecast period in terms of value. The global biodegradable plastics market is witnessing growth due to its versatile properties and it is also widely used in various industries due to its exceptional properties. Furthermore, biodegradable plastics are required for the application in various end use industries like packaging, consumer goods, textiles, agriculture & horticulture, which fuels the need for biodegradable plastics.

“PBAT type is projected to be the third fastest growing type in terms of value.”

PBAT type is projected to be the third fastest growing type in the biodegradable plastics market due to several factors. As the two major monomers that the copolymer PBAT is made of are butylene adipate and terephthalate. The stacking together of the monomers yields it certain unique properties, namely biodegradability and flexibility. It is completely biodegradable and degrades readily in the presence of natural microorganisms and bacteria. Entombed in soil, it degrades completely with no toxic residues. PBAT is often used in biodegradable bags that add flexibility, fast biodegradability and acceleration of the rate of compostability in order to comply with regulations on compost. PBAT can also be blended or co-extruded with other polymers for better performances and properties. Blending PBAT with other biodegradable polymers, such as polylactic acid (PLA) or starch, can improve its mechanical strength, biodegradability, and processability. These blends offer customized solutions for specific applications. It is fully biodegradable (compostable) and can be processed on conventional blown film equipment used for polyethylene. PBAT has also been investigated as a toughening agent for PLA.

“Agriculture & Horticulture end use industry is expected to be the third fastest growing end use industry for forecasted period in terms of value.”

Agriculture & Horticulture end use industry is expected to be the third fastest growing end use industry for forecasted period in terms of value. As biodegradable plastics are used in the making of mulches, seeding strips, and tapes in agriculture and horticulture. Its several advantages include better crop productions and environmental resource saving. It makes the soil healthier and more fertile when biodegradable plastics are used in agriculture and horticulture. Organic matters are produced by the breakdown of plastics and so improve the water holding capacity and availability of nutrients in the soil. This promotes healthy growth for these plants while avoiding many synthetic fertilizers and amendments of the soil. High disposal costs of traditional mulch, for example, promote the use of starch-based plastics in this industry. Biodegradable plastics are widely used by countries such as Germany, France, the US, China, and Mediterranean countries such as Spain and Israel, where agriculture is more intensive.

“Europe is estimated to be the second fastest growing region in terms of value for the forecasted period.”

Europe region is expected to be the second fastest growing region in forecasted period in terms of value. As Germany, Italy, France, Spain, and the UK are the major European biodegradable plastics market countries. This region is likely to see an increase in growth in the market for biodegradable plastics as the countries here are heavily investing into new packaging technologies to meet customer demands and requirements. It has a developed industrial base in developed economies such as the United Kingdom, France, Italy, Spain, and Germany. Europe accounts for a significant market share of the biodegradable plastic market, due to increased consumer requirement for ecologically friendly packaging materials. These governments of the European nations encourage the use of biodegradable plastics by establishing the fundamental infrastructure for composting such materials.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the biodegradable plastics market, and information was gathered from secondary research to determine and verify the market size of several segments.

By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%

By Designation: C Level Executives– 20%, Directors – 10%, and Others – 70%

By Region: North America – 22%, Europe – 22%, APAC – 45%, ROW –11%

The Biodegradable plastics market comprises major players such as NatureWork LLC (US), BASF SE (Germany), TotalEnergies Corbion (Netherlands), Mitsubishi Chemical Group Corporation. (Japan), Biome Bioplastics (UK), Plantic (Australia), FKuR (Germany), Danimer Scientific (US), TORAY INDUSTRIES, INC. (Japan), and Novamont (Italy). The study includes in-depth competitive analysis of these key players in the biodegradable plastics market, with their company profiles, recent developments, and key market strategies.

Research Coverage

This report segments the market for biodegradable plastics market on the basis of type, end use industry, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for biodegradable plastics market.

Key benefits of buying this report

This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the biodegradable plastics market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the biodegradable plastics market offered by top players in the global biodegradable plastics market.

Analysis of drivers: (Government focus on new policies and regulations, Consumers with strong purchasing power and a high degree of environmental awareness, High growth in applications in end-use industries) restraints (Volatility in cost of raw materials, Higher price of biodegradable plastics as compared to conventional plastics), opportunities (Increasing use of biodegradable plastics in packaging end use industry, Higher growth in emerging economies of Asia Pacific) and challenges (High price and complex production process, Less durability of biodegradable plastics as compared to traditional plastics)

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the biodegradable plastics market.

Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for biodegradable plastics market across regions.

Market Capacity: Production capacities of companies producing biodegradable plastics are provided wherever available with upcoming capacities for the biodegradable plastics market.

Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the biodegradable plastics market.


Tables List
Table 1 Biodegradable Plastics Market: Inclusions And Exclusions
Table 2 Interviews With Experts – Demand And Supply Sides
Table 3 Regulations On Use Of Plastic Bags
Table 4 Biodegradable Plastics Market: Porter’s Five Forces Analysis
Table 5 Influence Of Stakeholders On Buying Process, By End-use Industry (%)
Table 6 Key Buying Criteria, By End-use Industry
Table 7 Trends Of Per Capita Gdp, By Country, 2020–2023 (Usd)
Table 8 Gdp Growth Estimates And Projections Of Key Countries,
2024–2027 (Usd)
Table 9 Production Of Agricultural Crops, By Country, 2022 (Thousand Tons)
Table 10 Roles Of Companies In Biodegradable Plastics Ecosystem
Table 11 Regulatory Bodies, Government Agencies, And Other Organizations
Table 12 Biodegradable Plastics Market: Key Conferences And Events,
2024–2025
Table 13 Average Selling Price Of Biodegradable Plastics Among Key Players,
By End-use Industry (Usd/Kg)
Table 14 Biodegradable Plastics Market, By Type, 2021–2023 (Kiloton)
Table 15 Biodegradable Plastics Market, By Type, 2024–2029 (Kiloton)
Table 16 Biodegradable Plastics Market, By Type, 2021–2023 (Usd Million)
Table 17 Biodegradable Plastics Market, By Type, 2024–2029 (Usd Million)
Table 18 Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 19 Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 20 Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 21 Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 22 Biodegradable Plastics Market, By Region, 2021–2023 (Kiloton)
Table 23 Biodegradable Plastics Market, By Region, 2024–2029 (Kiloton)
Table 24 Biodegradable Plastics Market, By Region, 2021–2023 (Usd Million)
Table 25 Biodegradable Plastics Market, By Region, 2024–2029 (Usd Million)
Table 26 North America: Biodegradable Plastics Market,
By Country, 2021–2023 (Usd Million)
Table 27 North America: Biodegradable Plastics Market,
By Country, 2024–2029 (Usd Million)
Table 28 North America: Biodegradable Plastics Market,
By Country, 2021–2023 (Kiloton)
Table 29 North America: Biodegradable Plastics Market,
By Country, 2024–2029 (Kiloton)
Table 30 North America: Biodegradable Plastics Market,
By End-use Industry, 2021–2023 (Usd Million)
Table 31 North America: Biodegradable Plastics Market,
By End-use Industry, 2024–2029 (Usd Million)
Table 32 North America: Biodegradable Plastics Market,
By End-use Industry, 2021–2023 (Kiloton)
Table 33 North America: Biodegradable Plastics Market,
By End-use Industry, 2024–2029 (Kiloton)
Table 34 Us: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 35 Us: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 36 Us: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 37 Us: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 38 Canada: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 39 Canada: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 40 Canada: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 41 Canada: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 42 Mexico: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 43 Mexico: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 44 Mexico: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 45 Mexico: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 46 Europe: Biodegradable Plastics Market, By Country,
2021–2023 (Usd Million)
Table 47 Europe: Biodegradable Plastics Market, By Country,
2024–2029 (Usd Million)
Table 48 Europe: Biodegradable Plastics Market, By Country,
2021–2023 (Kiloton)
Table 49 Europe: Biodegradable Plastics Market, By Country,
2024–2029 (Kiloton)
Table 50 Europe: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 51 Europe: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 52 Europe: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 53 Europe: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 54 Germany: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 55 Germany: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 56 Germany: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 57 Germany: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 58 Italy: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 59 Italy: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 60 Italy: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 61 Italy: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 62 France: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 63 France: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 64 France: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 65 France: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 66 Uk: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 67 Uk: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 68 Uk: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 69 Uk: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 70 Spain: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 71 Spain: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 72 Spain: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 73 Spain: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 74 Rest Of Europe: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Usd Million)
Table 75 Rest Of Europe: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Usd Million)
Table 76 Rest Of Europe: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Kiloton)
Table 77 Rest Of Europe: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Kiloton)
Table 78 Asia Pacific: Biodegradable Plastics Market, By Country,
2021–2023 (Usd Million)
Table 79 Asia Pacific: Biodegradable Plastics Market, By Country,
2024–2029 (Usd Million)
Table 80 Asia Pacific: Biodegradable Plastics Market, By Country,
2021–2023 (Kiloton)
Table 81 Asia Pacific: Biodegradable Plastics Market, By Country,
2024–2029 (Kiloton)
Table 82 Asia Pacific: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Usd Million)
Table 83 Asia Pacific: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Usd Million)
Table 84 Asia Pacific: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Kiloton)
Table 85 Asia Pacific: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Kiloton)
Table 86 China: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 87 China: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 88 China: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 89 China: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 90 Japan: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 91 Japan: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 92 Japan: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 93 Japan: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 94 South Korea: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Usd Million)
Table 95 South Korea: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Usd Million)
Table 96 South Korea: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Kiloton)
Table 97 South Korea: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Kiloton)
Table 98 India: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 99 India: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 100 India: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 101 India: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 102 Rest Of Asia Pacific: Biodegradable Plastics Market,
By End-use Industry, 2021–2023 (Usd Million)
Table 103 Rest Of Asia Pacific: Biodegradable Plastics Market,
By End-use Industry, 2024–2029 (Usd Million)
Table 104 Rest Of Asia Pacific: Biodegradable Plastics Market,
By End-use Industry, 2021–2023 (Kiloton)
Table 105 Rest Of Asia Pacific: Biodegradable Plastics Market,
By End-use Industry, 2024–2029 (Kiloton)
Table 106 Middle East & Africa: Biodegradable Plastics Market,
By Country, 2021–2023 (Usd Million)
Table 107 Middle East & Africa: Biodegradable Plastics Market,
By Country, 2024–2029 (Usd Million)
Table 108 Middle East & Africa: Biodegradable Plastics Market,
By Country, 2021–2023 (Kiloton)
Table 109 Middle East & Africa: Biodegradable Plastics Market,
By Country, 2024–2029 (Kiloton)
Table 110 Middle East & Africa: Biodegradable Plastics Market,
By End-use Industry, 2021–2023 (Usd Million)
Table 111 Middle East & Africa: Biodegradable Plastics Market,
By End-use Industry, 2024–2029 (Usd Million)
Table 112 Middle East & Africa: Biodegradable Plastics Market,
By End-use Industry, 2021–2023 (Kiloton)
Table 113 Middle East & Africa: Biodegradable Plastics Market,
By End-use Industry, 2024–2029 (Kiloton)
Table 114 Saudi Arabia: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Usd Million)
Table 115 Saudi Arabia: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Usd Million)
Table 116 Saudi Arabia: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Kiloton)
Table 117 Saudi Arabia: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Kiloton)
Table 118 Rest Of Gcc: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Usd Million)
Table 119 Rest Of Gcc: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Usd Million)
Table 120 Rest Of Gcc: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Kiloton)
Table 121 Rest Of Gcc: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Kiloton)
Table 122 South Africa: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Usd Million)
Table 123 South Africa: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Usd Million)
Table 124 South Africa: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Kiloton)
Table 125 South Africa: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Kiloton)
Table 126 Rest Of Middle East & Africa: Biodegradable Plastics Market,
By End-use Industry, 2021–2023 (Usd Million)
Table 127 Rest Of Middle East & Africa: Biodegradable Plastics Market,
By End-use Industry, 2024–2029 (Usd Million)
Table 128 Rest Of Middle East & Africa: Biodegradable Plastics Market,
By End-use Industry, 2021–2023 (Kiloton)
Table 129 Rest Of Middle East & Africa: Biodegradable Plastics Market,
By End-use Industry, 2024–2029 (Kiloton)
Table 130 South America: Biodegradable Plastics Market, By Country,
2021–2023 (Usd Million)
Table 131 South America: Biodegradable Plastics Market, By Country,
2024–2029 (Usd Million)
Table 132 South America: Biodegradable Plastics Market, By Country,
2021–2023 (Kiloton)
Table 133 South America: Biodegradable Plastics Market, By Country,
2024–2029 (Kiloton)
Table 134 South America: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Usd Million)
Table 135 South America: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Usd Million)
Table 136 South America: Biodegradable Plastics Market, By End-use Industry, 2021–2023 (Kiloton)
Table 137 South America: Biodegradable Plastics Market, By End-use Industry, 2024–2029 (Kiloton)
Table 138 Brazil: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 139 Brazil: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 140 Brazil: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 141 Brazil: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 142 Argentina: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Usd Million)
Table 143 Argentina: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Usd Million)
Table 144 Argentina: Biodegradable Plastics Market, By End-use Industry,
2021–2023 (Kiloton)
Table 145 Argentina: Biodegradable Plastics Market, By End-use Industry,
2024–2029 (Kiloton)
Table 146 Rest Of South America: Biodegradable Plastics Market,
By End-use Industry, 2021–2023 (Usd Million)
Table 147 Rest Of South America: Biodegradable Plastics Market,
By End-use Industry, 2024–2029 (Usd Million)
Table 148 Rest Of South America: Biodegradable Plastics Market,
By End-use Industry, 2021–2023 (Kiloton)
Table 149 Rest Of South America: Biodegradable Plastics Market,
By End-use Industry, 2024–2029 (Kiloton)
Table 150 Overview Of Strategies Adopted By Key Players In Biodegradable Plastics Market Between 2019 And 2024
Table 151 Biodegradable Plastics Market: Degree Of Competition
Table 152 Biodegradable Plastics: Type Footprint
Table 153 Biodegradable Plastics: End-use Industry Footprint
Table 154 Biodegradable Plastics: Region Footprint
Table 155 Biodegradable Plastics Market: Key Startups/Smes
Table 156 Biodegradable Plastics Market: Competitive Benchmarking
Of Startups/Smes
Table 157 Biodegradable Plastics: Product Launches, May 2019–june 2024
Table 158 Biodegradable Plastics: Deals, May 2019–june 2024
Table 159 Biodegradable Plastics Market: Expansions, January 2019–june 2024
Table 160 Natureworks Llc: Company Overview
Table 161 Natureworks Llc: Products/Solutions/Services Offered
Table 162 Natureworks Llc: Product Launches, January 2019–july 2024
Table 163 Natureworks Llc: Deals, January 2019–july 2024
Table 164 Natureworks Llc: Expansions, January 2019–july 2024
Table 165 Basf Se: Company Overview
Table 166 Basf Se: Products/Solutions/Services Offered
Table 167 Basf Se: Product Launches, January 2019–july 2024
Table 168 Basf Se: Deals, January 2019–july 2024
Table 169 Totalenergies Corbion: Company Overview
Table 170 Totalenergies Corbion: Products/Solutions/Services Offered
Table 171 Totalenergies Corbion: Product Launches, January 2019–july 2024
Table 172 Totalenergies Corbion: Deals, January 2019–july 2024
Table 173 Totalenergies Corbion: Expansions, January 2019–july 2024
Table 174 Mitsubishi Chemical Group Corporation: Company Overview
Table 175 Mitsubishi Chemical Group Corporation: Products/Solutions/Services Offered
Table 176 Mitsubishi Chemical Group Corporation.: Others,
January 2019–july 2024
Table 177 Biome Bioplastics: Company Overview
Table 178 Biome Bioplastics: Products/Solutions/Services Offered
Table 179 Biome Bioplastics: Deals, January 2019–july 2024
Table 180 Biome Bioplastics: Others, January 2019–july 2024
Table 181 Plantic: Company Overview
Table 182 Plantic: Products/Solutions/Services Offered
Table 183 Fkur: Company Overview
Table 184 Fkur: Products/Solutions/Services Offered
Table 185 Fkur: Deals, January 2019–july 2024
Table 186 Fkur: Others, January 2019–july 2024
Table 187 Danimer Scientific: Company Overview
Table 188 Danimer Scientific: Products/Solutions/Services Offered
Table 189 Danimer Scientific: Deals, January 2019–july 2024
Table 190 Danimer Scientific: Others, January 2019–july 2024
Table 191 Toray Industries, Inc.: Company Overview
Table 192 Toray Industries, Inc.: Products/Solutions/Services Offered
Table 193 Toray Industries, Inc.: Deals, January 2019–july 2024
Table 194 Novamont: Company Overview
Table 195 Novamont: Products/Solutions/Services Offered
Table 196 Novamont: Product Launches, January 2019–july 2024
Table 197 Novamont: Expansions, January 2019–july 2024
Table 198 Bio On: Company Overview
Table 199 Zhejiang Hisun Biomaterials Co., Ltd.: Company Overview
Table 200 Bio-fed: Company Overview
Table 201 Green Dot Bioplastics: Company Overview
Table 202 Sphere: Company Overview
Table 203 Tianan Biologic Materials Co., Ltd.: Company Overview
Table 204 Succinity: Company Overview
Table 205 Carbiolice: Company Overview
Table 206 Agrana: Company Overview
Table 207 Futerro: Company Overview
Table 208 Eastman Chemical Company: Company Overview
Table 209 Ingevity: Company Overview
Table 210 Ptt Mcc Biochem Co., Ltd.: Company Overview
Table 211 Yield10 Bioscience, Inc.: Company Overview
Table 212 Natur Tec: Company Overview
Figures List
Figure 1 Biodegradable Plastics Market Segmentation And Regional Scope
Figure 2 Biodegradable Plastics Market: Research Design
Figure 3 Market Size Estimation Approach: Demand Side
Figure 4 Market Size Estimation: Bottom-up Approach
Figure 5 Market Size Estimation: Top-down Approach
Figure 6 Biodegradable Plastics Market: Data Triangulation
Figure 7 Biodegradable Plastics Market: Factors Impacting Market
Figure 8 Pbs Type To Witness Fastest Cagr During Forecast Period
Figure 9 Packaging End-use Industry To Register Highest Cagr During
Forecast Period
Figure 10 Packaging To Account For Largest Market Share During
Forecast Period
Figure 11 Europe Accounted For Largest Market Share In 2023
Figure 12 Asia Pacific To Register Fastest Cagr During Forecast Period
Figure 13 Pla To Be Fastest-growing Segment During Forecast Period
Figure 14 Packaging To Account For Largest Share During Forecast Period
Figure 15 Packaging And Europe Accounted For Largest Market Shares In 2023
Figure 16 India To Register Fastest Cagr During Forecast Period
Figure 17 Drivers, Restraints, Opportunities, And Challenges
In Biodegradable Plastics Market
Figure 18 Biodegradable Plastics Market: Porter’s Five Forces Analysis
Figure 19 Influence Of Stakeholders On Buying Process, By End-use Industry
Figure 20 Key Buying Criteria, By End-use Industry
Figure 21 Biodegradable Plastics Market Value Chain
Figure 22 Biodegradable Plastics Market: Ecosystem Analysis
Figure 23 Trends/Disruptions Impacting Customer Business
Figure 24 Country-wise Import, 2020–2023 (Usd Million)
Figure 25 Country-wise Export, 2020–2023 (Usd Million)
Figure 26 Average Selling Price By Region, 2021–2029 (Usd/Kg)
Figure 27 Average Selling Price, By Type, 2021–2029 (Usd/Kg)
Figure 28 Average Selling Price, By End-use Industry, 2021–2029 (Usd/Kg)
Figure 29 Average Selling Price, By Key Player, 2021–2029 (Usd/Kg)
Figure 30 Investment And Funding Scenario
Figure 31 Granted Patents Accounted For Significant Share Of Biodegradable Plastics Market
Figure 32 Jurisdiction Analysis
Figure 33 Pla To Lead Biodegradable Plastics Market Between 2024 And 2029
Figure 34 Packaging Industry To Drive Biodegradable Plastics Market
Between 2024 And 2029
Figure 35 India To Be Fastest-growing Market During Forecast Period
Figure 36 North America: Biodegradable Plastics Market Snapshot
Figure 37 Europe: Biodegradable Plastics Market Snapshot
Figure 38 Asia Pacific: Biodegradable Plastics Market Snapshot
Figure 39 Share Of Leading Companies, 2023
Figure 40 Revenue Analysis Of Key Companies, 2019–2023
Figure 41 Company Valuation, 2023
Figure 42 Financial Metrics, 2023
Figure 43 Biodegradable Plastics: Brand/Production Comparison
Figure 44 Biodegradable Plastics: Company Evaluation Matrix, Key Players, 2023
Figure 45 Biodegradable Plastics: Company Overall Footprint
Figure 46 Biodegradable Plastics Market: Company Evaluation Matrix (Startups/Smes), 2023
Figure 47 Basf Se: Company Snapshot
Figure 48 Mitsubishi Chemical Group Corporation: Company Snapshot
Figure 49 Danimer Scientific: Company Snapshot
Figure 50 Toray Industries, Inc.: Company Snapshot

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered And Regional Scope
1.3.2 Inclusions And Exclusions
1.3.3 Years Considered
1.3.4 Currency Considered
1.3.5 Units Considered
1.4 Stakeholders
1.5 Summary Of Changes
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Interviews With Experts
2.2 Market Size Estimation
2.2.1 Bottom-up Approach
2.2.2 Top-down Approach
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Factor Analysis
2.6 Growth Forecast
2.6.1 Supply Side
2.6.2 Demand Side
2.7 Research Limitations
2.8 Risk Assessment
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities For Players In Biodegradable Plastics Market
4.2 Biodegradable Plastics Market, By Type
4.3 Biodegradable Plastics Market, End-use Industry
4.4 Biodegradable Plastics Market, By End-use Industry And Region
4.5 Biodegradable Plastics Market, By Key Country
5 Market Overview
5.1 Introduction
5.2 Impact Of Ai/Gen Ai
5.2.1 Introduction
5.2.2 Overview Of Impact
5.2.2.1 Innovative Biodegradable Packaging From Vineyard Waste
5.2.2.2 Synergizing Generative Ai And Biodegradable Plastics For Sustainable Agriculture
5.2.2.3 Enhancing Sustainability In Packaging: Role Of Ai And Biodegradable Plastics
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Government Focus On New Policies And Regulations
5.3.1.2 Consumers With Strong Purchasing Power And Commitment To Environmental Sustainability
5.3.1.3 Increasing Applications Of Eco-friendly Products
5.3.2 Restraints
5.3.2.1 Volatility In Raw Material Prices
5.3.2.2 Higher Price Of Biodegradable Plastics Than That Of Conventional Plastics
5.3.3 Opportunities
5.3.3.1 Increasing Use Of Biodegradable Plastics In Packaging End-use Industry
5.3.3.2 Higher Growth In Emerging Economies Of Asia Pacific
5.3.4 Challenges
5.3.4.1 High Price And Complex Production Process
5.3.4.2 Less Durability Of Biodegradable Plastics Than Traditional Plastics
5.4 Porter’s Five Forces Analysis
5.4.1 Threat Of Substitutes
5.4.2 Bargaining Power Of Suppliers
5.4.3 Threat Of New Entrants
5.4.4 Bargaining Power Of Buyers
5.4.5 Intensity Of Competitive Rivalry
5.5 Key Stakeholders And Buying Criteria
5.5.1 Key Stakeholders In Buying Process
5.5.2 Buying Criteria
5.6 Value Chain Analysis
5.6.1 Raw Material Supply
5.6.2 Manufacturing
5.6.3 Distribution
5.6.4 End Use
5.7 Macroeconomic Indicators
5.7.1 Global Gdp Trends
5.8 Ecosystem Analysis
5.9 Case Study Analysis
5.9.1 Holler Poller – Wooden Toys With Bio-plastic Tires
5.9.2 Enhancing Biobased Plastics With Natural Resin Derivatives
5.9.3 Sustainable Cosmetic Packaging By Ramaplast S.P.A.
5.10 Regulatory Landscape
5.10.1 Regulations
5.10.1.1 North America
5.10.1.1.1 Us
5.10.1.1.2 Canada
5.10.1.2 Asia Pacific
5.10.1.3 Europe
5.10.1.4 Middle East & Africa
5.10.1.5 South America
5.10.2 Regulatory Bodies, Government Bodies And Other Organizations
5.11 Technology Analysis
5.11.1 Key Technologies
5.11.1.1 Pla Production
5.11.1.2 Polyhydroxyalkanoates (Pha) Synthesis
5.11.2 Complementary Technologies
5.11.2.1 Enzyme-catalyzed Polymerization
5.11.2.2 Nano-composite Technologies
5.11.3 Adjacent Technologies
5.11.3.1 Recycling And Upcycling Technologies
5.11.3.2 Sustainable Packaging Solutions
5.12 Trends/Disruptions Impacting Customer Business
5.13 Trade Analysis (Export/Import)- Volume And Trade Prices, 2020-2023
5.13.1 Trade Analysis
5.13.2 Import Scenario (Hs Code 390770)
5.13.3 Export Scenario (Hs Code 390770)
5.14 Key Conferences And Events, 2024–2025
5.15 Average Selling Price, 2021–2029
5.15.1 Factors Affecting Prices
5.15.2 Average Selling Price Trend By Region
5.15.3 Average Selling Price, By Type
5.15.4 Average Selling Price, By End-use Industry
5.15.5 Average Selling Price Trend Of Key Players, By End-use Industry
5.16 Investment And Funding Scenario
5.17 Patent Analysis
5.17.1 Methodology
5.17.2 Document Type
5.17.3 Insights
5.17.4 Patents By Basf Se
5.17.5 Top 10 Patent Owners In Last 10 Years
6 Biodegradable Plastics Market, By Type
6.1 Introduction
6.2 Pla
6.2.1 Extensive Utilization Of Pla In Packaging Industry
6.3 Starch Blends
6.3.1 Rising Application In Various Industries
6.4 Pha
6.4.1 Increasing Use In Agriculture And Horticulture Industries
6.5 Pbat
6.5.1 Growing Applications In Packaging, Flexible, And Mulch Films
6.6 Pbs
6.6.1 Cost-effectiveness Of Pbs To Increase Demand
6.7 Cellulose Based
6.7.1 Increased Use In Packaging Industry
6.8 Other Types
7 Biodegradable Plastics Market, By End-use Industry
7.1 Introduction
7.2 Packaging
7.2.1 Flexible Packaging
7.2.1.1 Long Shelf-life, Low Costs, And Eco-friendliness Influencing Several Brands
7.2.1.2 Bags
7.2.1.3 Pouches
7.2.1.4 Films And Roll Stocks
7.2.1.5 Others
7.2.2 Rigid Packaging
7.2.2.1 Growing Demand In Food & Beverages, Personal Care, And Consumer Goods Industries
7.2.2.2 Bottle And Jars
7.2.2.3 Trays
7.2.2.4 Tubs
7.2.2.5 Caps And Closures
7.2.2.6 Others
7.3 Consumer Goods
7.3.1 Electrical Appliances
7.3.1.1 Demand From Fast-moving Consumer Electronics
7.3.2 Domestic Appliances
7.3.2.1 Demand For Biodegradable Houseware
7.3.3 Others
7.4 Textile
7.4.1 Medical & Healthcare Textiles
7.4.1.1 Increasing Demand For Medical Textiles
7.4.2 Personal Care, Clothes, And Other Textiles
7.4.2.1 Increasing Demand For Thermoplastics Fibers
7.5 Agriculture And Horticulture
7.5.1 Tapes & Mulch Films
7.5.1.1 Low Labor And Disposal Costs
7.5.2 Others
7.6 Other End-use Industries
8 Biodegradable Plastics Market, By Region
8.1 Introduction
8.2 North America
8.2.1 Us
8.2.1.1 Increasing Focus On Sustainable Packaging Products
8.2.2 Canada
8.2.2.1 Growing Demand For Sustainable Packaging
8.2.3 Mexico
8.2.3.1 Skilled Workforce, Geographic Advantages, Political And Economic Stability
8.3 Europe
8.3.1 Germany
8.3.1.1 Growth In Packaging Industry
8.3.2 Italy
8.3.2.1 Growth In Various End-use Industries
8.3.3 France
8.3.3.1 Demand For Sustainable Packaging
8.3.4 Uk
8.3.4.1 Increasing Focus On Policy Implementation And Regulations
8.3.5 Spain
8.3.5.1 Increasing Demand For Food & Beverage Packaging
8.3.6 Rest Of Europe
8.4 Asia Pacific
8.4.1 China
8.4.1.1 Ban On Single-use Plastics
8.4.2 Japan
8.4.2.1 Increasing Demand For Biodegradable Plastic In Various End-use Industries
8.4.3 South Korea
8.4.3.1 Environmental Sustainability
8.4.4 India
8.4.4.1 Increasing Application Biodegradable Plastics In Agricultural Industry
8.4.5 Rest Of Asia Pacific
8.5 Middle East & Africa
8.5.1 Gcc Countries
8.5.2 Saudi Arabia
8.5.2.1 Potential Growth In Upcoming Years
8.5.3 Rest Of Gcc Countries
8.5.4 South Africa
8.5.4.1 Advancements In Bioplastics Research And Innovation
8.5.5 Rest Of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.1.1 Rising Demand For Sustainable Packaging Solutions
From Agricultural Sector
8.6.2 Argentina
8.6.2.1 Rising Demand For Environmentally Friendly Packaging Materials
8.6.3 Rest Of South America
9 Competitive Landscape
9.1 Introduction
9.2 Key Player Strategies/Right To Win 2019–2024
9.3 Market Share Analysis, 2023
9.4 Revenue Analysis, 2019–2023
9.4.1 Basf Se
9.4.2 Natureworks Llc
9.4.3 Mitsubishi Chemical Holding Corporation
9.4.4 Totalenergies Corbion
9.4.5 Biome Bioplastics
9.5 Company Valuation And Financial Metrics
9.6 Brand/Production Comparison
9.7 Company Evaluation Matrix: Key Players, 2023
9.7.1 Stars
9.7.2 Emerging Leaders
9.7.3 Pervasive Players
9.7.4 Participants Players
9.7.5 Company Footprint: Key Players, 2023
9.7.5.1 Company Footprint
9.7.5.2 Type Footprint
9.7.5.3 End-use Industry Footprint
9.7.5.4 Region Footprint
9.8 Company Evaluation Matrix: Startups/Smes, 2023
9.8.1 Progressive Companies
9.8.2 Responsive Companies
9.8.3 Dynamic Companies
9.8.4 Starting Blocks
9.8.5 Competitive Benchmarking, Startups/Smes, 2023
9.8.5.1 Detailed List Of Key Startups/Smes
9.8.5.2 Competitive Benchmarking Of Key Startups/Smes
9.9 Competitive Scenario
9.9.1 Product Launches
9.9.2 Deals
9.9.3 Expansions
10 Company Profiles
10.1 Key Players
10.1.1 Natureworks Llc
10.1.1.1 Business Overview
10.1.1.2 Products/Solutions/Services Offered
10.1.1.3 Recent Developments
10.1.1.3.1 Product Launches
10.1.1.3.2 Expansions
10.1.1.4 Mnm View
10.1.1.4.1 Right To Win
10.1.1.4.2 Strategic Choices
10.1.1.4.3 Weaknesses And Competitive Threats
10.1.2 Basf Se
10.1.2.1 Business Overview
10.1.2.2 Products/Solutions/Services Offered
10.1.2.3 Recent Developments
10.1.2.3.1 Product Launches
10.1.2.3.2 Deals
10.1.2.4 Mnm View
10.1.2.4.1 Right To Win
10.1.2.4.2 Strategic Choices
10.1.2.4.3 Weaknesses And Competitive Threats
10.1.3 Totalenergies Corbion
10.1.3.1 Business Overview
10.1.3.2 Products/Solutions/Services Offered
10.1.3.3 Recent Developments
10.1.3.3.1 Product Launches
10.1.3.3.2 Deals
10.1.3.3.3 Expansions
10.1.3.4 Mnm View
10.1.3.4.1 Right To Win
10.1.3.4.2 Strategic Choices
10.1.3.4.3 Weaknesses And Competitive Threats
10.1.4 Mitsubishi Chemical Group Corporation
10.1.4.1 Business Overview
10.1.4.2 Products/Solutions/Services Offered
10.1.4.3 Recent Developments
10.1.4.3.1 Others
10.1.4.4 Mnm View
10.1.4.4.1 Right To Win
10.1.4.4.2 Strategic Choices
10.1.4.4.3 Weaknesses And Competitive Threats
10.1.5 Biome Bioplastics
10.1.5.1 Business Overview
10.1.5.2 Products/Solutions/Services Offered
10.1.5.3 Recent Developments
10.1.5.3.1 Deals
10.1.5.3.2 Others
10.1.5.4 Mnm View
10.1.5.4.1 Right To Win
10.1.5.4.2 Strategic Choices
10.1.5.4.3 Weaknesses And Competitive Threats
10.1.6 Plantic
10.1.6.1 Business Overview
10.1.6.2 Products/Solutions/Services Offered
10.1.6.3 Mnm View
10.1.7 Fkur
10.1.7.1 Business Overview
10.1.7.2 Products/Solutions/Services Offered
10.1.7.3 Recent Developments
10.1.7.3.1 Deals
10.1.7.3.2 Others
10.1.7.4 Mnm View
10.1.8 Danimer Scientific
10.1.8.1 Business Overview
10.1.8.2 Products/Solutions/Services Offered
10.1.8.3 Recent Developments
10.1.8.3.1 Deals
10.1.8.3.2 Others
10.1.8.4 Mnm View
10.1.9 Toray Industries, Inc.
10.1.9.1 Business Overview
10.1.9.2 Products/Solutions/Services Offered
10.1.9.3 Recent Developments
10.1.9.3.1 Deals
10.1.9.4 Mnm View
10.1.10 Novamont
10.1.10.1 Business Overview
10.1.10.2 Products/Solutions/Services Offered
10.1.10.3 Recent Developments
10.1.10.3.1 Product Launches
10.1.10.3.2 Expansions
10.1.10.4 Mnm View
10.2 Other Players
10.2.1 Bio On
10.2.2 Zhejiang Hisun Biomaterials Co., Ltd.
10.2.3 Bio-fed
10.2.4 Green Dot Bioplastics
10.2.5 Sphere
10.2.6 Tianan Biologic Materials Co., Ltd.
10.2.7 Succinity
10.2.8 Carbiolice
10.2.9 Agrana
10.2.10 Futerro
10.2.11 Eastman Chemical Company
10.2.12 Ingevity
10.2.13 Ptt Mcc Biochem Co., Ltd.
10.2.14 Yield10 Bioscience, Inc.
10.2.15 Natur Tec
11 Appendix
11.1 Discussion Guide
11.2 Knowledgestore: Marketsandmarkets’ Subscription Portal
11.3 Customization Options
11.4 Related Reports
11.5 Author Details

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings