Disclaimer: This is a user generated content submitted by a member of the WriteUpCafe Community. The views and writings here reflect that of the author and not of WriteUpCafe. If you have any complaints regarding this post kindly report it to us.

According to the latest report by IMARC Group, titled “Biodegradable Plastic Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global biodegradable plastic market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 8% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Report Sample:

https://www.imarcgroup.com/biodegradable-plastic-market/requestsample

Biodegradable plastics are plant-based plastics that are produced from petroleum-based sources and renewable raw materials, such as corn, wheat, bamboo, and sugarcane. These products degrade naturally in base compounds by the action of micro-organisms. Some of the widely utilized biodegradable plastics include polybutylene adipate terephthalate (PBAT), polybutylene succinate (PBS), polylactic acid (PLA) and starch blends.

The global market is primarily driven by the rising awareness regarding the hazardous effects of using non-biodegradable plastic products. Additionally, governments of numerous countries are undertaking initiatives to impose bans on the usage of non-biodegradable plastic products due to the rising environmental concerns among the masses. This has provided an impetus to the demand for eco-friendly alternatives, such as biodegradable plastic products, on the global level. Some of the other factors creating a positive outlook for the market include the easy product availability across both the organized and online retail platforms and the widespread popularity of biodegradable plastic packaging in the food and beverages sector.

Biodegradable Plastic Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global biodegradable plastic market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • BASF SE
  • Biome Technologies plc
  • Bio-on S.p.A.
  • Corbion N.V.
  • Danimer Scientific
  • Eastman Chemical Company
  • Mitsubishi Chemical Corporation
  • NatureWorks LLC (Cargill Incorporated)
  • Novamont S.p.A.
  • Plantic Technologies Limited (KURARAY CO. LTD.)
  • Toray Industries Inc.
  • Total Corbion PLA

Key Market Segmentation:

The report has segmented the global biodegradable plastic market on the basis of type, end use and region.

Breakup by Type:

  • Starch-based
  • PLA
  • PBS
  • PBAT
  • PHA
  • Others

Breakup by End Use:

  • Packaging
  • Agriculture
  • Consumer Goods
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/biodegradable-plastic-market

Key highlights of the report:            

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Industry Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Reports:

Bio-Polyamide Market: https://www.imarcgroup.com/bio-polyamide-market

North America Potassium Permanganate Market:

https://www.imarcgroup.com/north-america-potassium-permanganate-market

Water Treatment Chemicals Market: https://www.imarcgroup.com/water-treatment-chemicals-market

Chitosan Market: https://www.imarcgroup.com/chitosan-market

Linear Alpha Olefins Market: https://www.imarcgroup.com/linear-alpha-olefins-market

Cellulose Acetate Market: https://www.imarcgroup.com/cellulose-acetate-market

Asia Pacific Biodiesel Market: https://www.imarcgroup.com/asia-pacific-biodiesel-market

North America Copper Sulphate Market: https://www.imarcgroup.com/north-america-copper-sulphate-market

North America Glue-Laminated Timber Market: https://www.imarcgroup.com/north-america-glue-laminated-timber-market

Urea Market: https://www.imarcgroup.com/urea-market

North America Ferrite Magnet Market: https://www.imarcgroup.com/north-america-ferrite-magnet-market

About Us                                                                      

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

Login

Welcome to WriteUpCafe Community

Join our community to engage with fellow bloggers and increase the visibility of your blog.
Join WriteUpCafe