The Business Research Company’s report goes into great detail on the biodegradable plastics market size and growth, biodegradable plastics market regional analysis, biodegradable plastics market competitive landscape, and other critical information needed to excel in the biodegradable plastics industry.

Major players in the biodegradable plastics market include BASF, NatureWorks, BIOME TECHNOLOGIES PLC., Novamont S.p.A., Mitsubishi,, Biome Bioplastics, Plantic, BIO-ON, Danimer Scientific, Novamont S.p.A, TORAY INDUSTRIES, INC, Kruger Inc., Total Corbion PLA, Perstorp, K.D. FEDDERSEN, UrthPact, LLC, BIoTec Pvt. Ltd., BioGreen, CLONDALKIN GROUP, Plantic Technologies Limited, Amcor limited, and Mondi Group.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global biodegradable plastics market size is expected to grow from $3.74 billion in 2021 to $4.21 billion in 2022 at a compound annual growth rate (CAGR) of 12.6%. The global biodegradable plastic market size is expected to grow to $7.16 billion in 2026 at a CAGR of 14.2%.

North America was the largest region in the biodegradable plastics market in 2021.

The biodegradable plastics market consists of sales of biodegradable plastics by entities (organizations, proprietors, partnerships) that are used in the application of organic waste collection and diversion, food packaging, agricultural and horticultural sectors, and disposable tableware. Biodegradable plastics are obtained from petrochemicals that consist of biodegradable additives and are degraded by microorganisms into carbon dioxide, water, and biomass. These can be used in packing materials, injection-molded and others.

Growing concerns for the environment are expected to increase the growth of the biodegradable plastics market.

Request a Sample of the Global Biodegradable Plastics Market Report

Product innovations are a key trend gaining popularity in the biodegradable plastics market. Many organizations are launching innovative products in the biodegradable plastics, which are cost-effective and sustainable in nature.

TBRC’s Global Biodegradable Plastics Market Report Is Segmented:
By Type: Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), PHA (Polyhydroxyalkanoates), Starch Blends, Others

By End-User: Packaging, Agriculture, Consumer Goods, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Biodegradable Plastics Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the biodegradable plastics market globally and regionally, analyzes and forecasts market size, share, biodegradable plastics market players, biodegradable plastics market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Plastic Alternative Packaging Global Market Report 2022

Plastic Products Global Market Report 2022

Environment Management, Compliance And Due Diligence Global Market Report 2022

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