Global Biodegradable Plastics Market by Type (PLA, Starch Blends, Biodegradable Polyesters, PHA, and Others) End-Use Industry (Packaging & Bags, Agriculture & Horticulture, Consumer Goods, Textile, and Others) Global Industry Trends, Shares, Competitive Analysis and Segment Forecasts, 2018 to 2025

EXRAND001  |  Upcoming  |  Global  |  NA  |  Under Development

Biodegradable plastic is a type of plastic which decomposes naturally in the environment within a reasonable period of time. A biodegradable plastic has lower environmental effects as compared to traditional plastics. As it is made from natural materials such as plants, corn starch, orange peels etc. Biodegradable process depends on raw material used and environmental conditions such as temperature and moisture. There are 5 types of biodegradable plastics such as PLA, starch blends, biodegradable polyesters, PHA, and others. Packaging & bags, consumer goods, agriculture & horticulture, textile, and others are the major end use industry of biodegradable plastics.

Increasing use of biodegradable plastics in, compostable bags and food packaging applications are the key drivers to the growth of the market. According to European Bio-plastics in 2016, Nova Institute and the University of Applied Sciences and Arts in Hanover, packaging remains the single largest field of application for bio-plastics with almost 70 percent (1.2 million tons) of the total bio-plastics market. This can be attributed to excellent properties offered by biodegradable plastics such as biodegradability and compo-stability. Focus of governments on green procurement policies is also a major driver to the market growth. This can be attributed to challenges faced by conventional plastics such as waste management, resource efficiency, and the environment. Higher cost of biodegradable plastics as compared to conventional plastics is acting as a restraint for the biodegradable plastics market. Emerging end-use industries of biodegradable plastics are the major opportunity for biodegradable plastics market. Some of the emerging end use industries are agriculture; horticulture, consumer goods, and textiles. Biodegradable plastics performance related issue can act as a major challenge for biodegradable plastics market.

Major Key players of biodegradable plastics market include Natureworks, BASF SE, Total Corbion PLA, Mitsubishi Chemical Corporation, Biome Bioplastics, Plantic Technologies, Bio-On, Danimer Scientific, Novamont S.P.A., and Toray Industries. Due to rising demand of biodegradable plastics from emerging economies, major companies are launching new biodegradable products. For instance, In March 2018, Novamont S.P.A launched the biodegradable and compostable Cuki Gelo bag made from Mater-Bi.


Scope of the report:

Based on the type, the global biodegradable plastics market has been segmented as follows:

• PLA

• Starch Blends 

• Biodegradable Polyesters 

• PHA 

• Others (Cellulose Derivatives And Regenerated Cellulose)

Based on end-use industry, the global biodegradable plastics market has been segmented as follows:

• Packaging & Bags 

• Agriculture & Horticulture 

• Consumer Goods

• Textile 

• Others (Automotive, Medical, And Building & Construction)

Based on region, the global biodegradable plastics market has been segmented as follows:

• North America

o US

o Canada

• Europe

o Germany

o UK

o France

o Rest of the Europe

• Asia Pacific

o China

o India

o Japan

o Rest of Asia Pacific

• Latin America

o Brazil

o Rest of Latin America

• Middle East Africa

o South Africa

o Rest of Middle East Africa


1. Executive Summary

2. Global Biodegradable Plastics Market Overview

2.1. Market Segmentation & Scope

2.2. Product Introduction

2.3. Market Trends

2.3.1. Introduction

2.3.2. Drivers

2.3.2.1. Increasing Use in Food Packaging & Compostable Bags Applications

2.3.2.2. Shift in Consumer Preference Toward Eco-Friendly Plastic Products

2.3.2.3. Focus of Governments on Green Procurement Policies Initiatives From Government and Private Organizations

2.3.3. Restraint

2.3.3.1. Higher Cost of Biodegradable Plastics than That of Conventional Plastics

2.3.4. Opportunities

2.3.4.1. Emerging End-Use Industries of Biodegradable Plastics

2.3.5. Challenges

2.3.5.1. Performance Issues Related to Biodegradable Plastic

2.3.6. Substitutes Threat

2.3.7. Technology Progress in Related Industry

2.3.8. Consumer Preference Analysis

3. Global Biodegradable Plastics Market by Type

3.1. Biodegradable Plastics Market Type Analysis

3.2. Global Biodegradable Plastics Market Revenue (USD Million) by Type, 2015-2025

3.2.1. PLA Market Analysis

3.2.2. Starch Blends Market Analysis

3.2.3. Biodegradable Polyesters Market Analysis

3.2.4. PHA Market Analysis

3.2.5. Others Biodegradable Plastics Type Market Analysis

3.3. List of Manufacturers, By  Biodegradable Plastics Type

4. Global Biodegradable Plastics Market by End-Use Industry

4.1. Biodegradable Plastics Market  End Use Industry Analysis

4.2. Global Biodegradable Plastics Market Revenue (USD Million) by End Use Industry, 2015-2025

4.2.1. Packaging & Bags Market Analysis

4.2.2. Consumer Goods Market Analysis

4.2.3. Agriculture & Horticulture Market Analysis

4.2.4. Textiles Market Analysis

4.2.5. Other Biodegradable Plastics End Use Industry Market Analysis

4.3. List of Manufacturers, By Biodegradable Plastics End Use Industry

5. Global Biodegradable Plastics Market by Region

5.1. Biodegradable Plastics Market Regional Analysis

5.2. Global Biodegradable Plastics Market Revenue (USD Million) by Region, 2015-2025

5.3. Global Biodegradable Plastics Market (Revenue), 2015-2025

6. North America Biodegradable Plastics Market

6.1. North America Biodegradable Plastics Market Analysis

6.2. North America Biodegradable Plastics Market (Revenue), 2015-2025

6.3. North America Biodegradable Plastics by Country (Revenue), 2015-2025

6.3.1. U.S. Biodegradable Plastics Market (Revenue), 2015-2025

6.3.2. Canada Biodegradable Plastics Market (Revenue), 2015-2025

6.4. Potential Buyers In North America

7. Europe Biodegradable Plastics Market

7.1. Europe Biodegradable Plastics Market Analysis

7.2. Europe Biodegradable Plastics Market (Revenue), 2015-2025

7.3. Europe Biodegradable Plastics Market by Country (Revenue), 2015-2025

7.3.1. Germany Biodegradable Plastics Market (Revenue), 2015-2025

7.3.2. UK Biodegradable Plastics Market (Revenue), 2015-2025

7.3.3. France Biodegradable Plastics Market (Revenue), 2015-2025

7.3.4. Rest of Europe Biodegradable Plastics Market (Revenue), 2015-2025

7.4. Potential Buyers in Europe

8. Asia Pacific Biodegradable Plastics Market

8.1. Asia Pacific Biodegradable Plastics Market Analysis

8.2. Asia Pacific Biodegradable Plastics Market (Revenue), 2015-2025

8.3. Asia Pacific Biodegradable Plastics Market, by Country (Revenue), 2015-2025

8.3.1. China Biodegradable Plastics Market (Revenue), 2015-2025

8.3.2. Japan Biodegradable Plastics Market (Revenue), 2015-2025

8.3.3. India Biodegradable Plastics Market (Revenue), 2015-2025

8.3.4. Rest of Asia Pacific Biodegradable Plastics Market (Revenue), 2015-2025

8.4. Potential Buyers in Asia Pacific

9. Latin America Biodegradable Plastics Market

9.1. Latin America Biodegradable Plastics Market Analysis

9.2. Latin America Biodegradable Plastics Market (Revenue), 2015-2025

9.3. Latin America Biodegradable Plastics Market by Country, (Revenue), 2015-2025

9.3.1. Brazil Biodegradable Plastics Market (Revenue), 2015-2025

9.3.2. Rest of Latin America Biodegradable Plastics Market (Revenue), 2015-2025

9.4. Potential Buyers in Latin America

10. Middle East & Africa Biodegradable Plastics Market

10.1. Middle East & Africa Biodegradable Plastics Market Regional analysis

10.2. Middle East & Africa Biodegradable Plastics Market (Revenue)

10.2.1. Middle East & Africa Biodegradable Plastics Revenue by Country,  2015-2025

10.2.2. South Africa Biodegradable Plastics Market (Revenue), 2015-2025

10.2.3. Rest of Middle East & Africa Biodegradable Plastics Market (Revenue), 2015-2025

10.3. Potential Buyers in Middle East & Africa

11. Company Profile

11.1. Natureworks

11.1.1. Company Overview 

11.1.2. Financial Overview

11.1.3. Product Benchmarking

11.1.4. Key Developments

11.2. BASF SE

11.2.1. Company Overview 

11.2.2. Financial Overview

11.2.3. Product Benchmarking

11.2.4. Key Developments

11.3. Total Corbion PLA

11.3.1. Company Overview 

11.3.2. Financial Overview

11.3.3. Product Benchmarking

11.3.4. Key Developments

11.4. Mitsubishi Chemical Corporation

11.4.1. Company Overview 

11.4.2. Financial Overview

11.4.3. Product Benchmarking

11.4.4. Key Developments

11.5. Biome Bioplastics

11.5.1. Company Overview 

11.5.2. Financial Overview

11.5.3. Product Benchmarking

11.5.4. Key Developments

11.6. Plantic Technologies

11.6.1. Company Overview 

11.6.2. Financial Overview

11.6.3. Product Benchmarking

11.6.4. Key Developments

11.7. Bio-On

11.7.1. Company Overview 

11.7.2. Financial Overview

11.7.3. Product Benchmarking

11.7.4. Key Developments

11.8. Danimer Scientific

11.8.1. Company Overview 

11.8.2. Financial Overview

11.8.3. Product Benchmarking

11.8.4. Key Developments

11.9. Novamont S.P.A.

11.9.1. Company Overview 

11.9.2. Financial Overview

11.9.3. Product Benchmarking

11.9.4. Key Developments

11.10. Toray Industries

11.10.1. Company Overview 

11.10.2. Financial Overview

11.10.3. Product Benchmarking

11.10.4. Key Developments

12. Key Insights

13. Research Methodology