Biodegradable Plastics Market: Leading Regions and Market Trends
Geographical Segmentation and Growth Analysis
The biodegradable plastics market is set to post an incremental growth of 2113.31 th tons, accelerating at a CAGR of 22.07% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.
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Biodegradable Plastics Market: Europe to lead market growth during the forecast period
- 37% of the market growth will originate from Europe during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Biodegradable Plastics Market size.
- This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. One of the factors that will drive growth is the rise in consumer adoption of biodegradable plastics. Our analysis will thus enable clients to assess their play in the market and design further growth opportunities.
- The biodegradable plastics market is segmented by End-user (Packaging, Consumer goods, Textile, Agriculture, and Others) and Geography (Europe, North America, APAC, South America, and MEA). Each segment and sub-segment is analyzed at depth to derive market insights and forecast growth projections.
Biodegradable Plastics Market: Vendor Landscape
Some of the leading vendors in this market are BASF SE, Biome Bioplastics Ltd., Cargill Inc., Danimer Scientific, FKuR Kunststoff GmbH, Mitsubishi Chemical Holdings Corp., Novamont SpA, Plantic Technologies Ltd., Toray Industries Inc., and Total Corbion PLA BV. The market is fragmented and the growth of the players in this market is dependent on several factors such as prevalent market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of 22.07%.
- What is the incremental growth of the market?
The market is expected to grow by 2113.31 th tons through 2022-2026.
- What is a key factor driving this market?
Rise in consumer adoption of biodegradable plastics will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
Europe, North America, APAC, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
37% growth will originate from Europe
- Who are the leading market vendors?
The leading vendors in this market are BASF SE, Biome Bioplastics Ltd., Cargill Inc., Danimer Scientific, FKuR Kunststoff GmbH, Mitsubishi Chemical Holdings Corp., Novamont SpA, Plantic Technologies Ltd., Toray Industries Inc., and Total Corbion PLA BV
- What are the market segments covered in this report?
The market is segmented by End-user (Packaging, Consumer goods, Textile, Agriculture, and Others) and Geography (Europe, North America, APAC, South America, and MEA).
Market Segmentation by End-user
- Biodegradable Plastics Market Split by End-user
- Packaging
- Consumer goods
- Textile
- Agriculture
- Others
- Biodegradable Plastics Market Split by Geography
- Europe
- North America
- APAC
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- BASF SE
- Biome Bioplastics Ltd.
- Cargill Inc.
- Danimer Scientific
- FKuR Kunststoff GmbH
- Mitsubishi Chemical Holdings Corp.
- Novamont SpA
- Plantic Technologies Ltd.
- Toray Industries Inc.
- Total Corbion PLA BV
