Biodegradable polymers are the degradable inorganic molecules. They can be either natural or synthetic and can be made of either ester, amide or ether. They find use in many industries such as pharmaceuticals, agriculture, packaging etc.
One of the key factors driving the growth of this market is the rise in enhanced consumer appeal to eco-friendly packaging. As consumer focus is changing towards healthier living, the demand for a natural, sustainable, and green product is also increasing. This shift in consumer behavior has compelled the major plastics manufacturers and packaging vendors to explore the possibilities of biodegradable polymers. Moreover, the need to conform with government regulations is forcing vendors to focus on manufacturing biodegradable polymers and promote the products that have sustainable components in the export market. It has also been observed that consumers prefer sustainable options for plastic bags and food packaging. The leaders in the global biodegradable polymers market are North America and Asia Pacific that includes China and Japan. Owing to consumer awareness regarding the use of renewable polymers, Europe has emerged as the leading market for biodegradable polymers. North America is expected to grow considerably during the forecast period, due to the consumer shift and rising crude oil prices. The report mentions that during the forecast horizon, Asia Pacific is estimated to witness rapid growth, with countries such as China and Japan evolving as major markets for biodegradable polymers.
In 2019, the market size of Biodegradable Polymers is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Biodegradable Polymers.
This report studies the global market size of Biodegradable Polymers, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Biodegradable Polymers production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Market Segment by Product Type
Synthetic Biodegradable Polymers
Natural Biodegradable Polymers
Market Segment by Application
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Biodegradable Polymers status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Biodegradable Polymers manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Biodegradable Polymers are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025