Europe Biodegradable Market, By Product Type (Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), and Others), By End User Industry (Packaging, Agriculture, Textile, and Others), By Country, Competition Forecast & Opportunities, 2028

  • Industry : Chemicals
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Europe Biodegradable Plastics Market is anticipated to observe impressive growth during the forecast period, 2024-2028. Population growth in the area and increasing demand for plastic items are driving more plastic manufacturing and garbage disposal.

Toxic chemical elements of plastic materials seep into beverages, food, and water when they are used over an extended period and exposed to high temperatures. As per the data released by the European Plastic Association, an estimated 8 million tonnes of plastic are dumped into the ocean each year, causing the marine habitat to deteriorate, and ultimately affecting aquatic life.

High Demand from Food Packaging Application

Plastics have elevated the food packaging industry to greater levels, but because traditional petroleum-based plastics cannot be broken down, they pose serious environmental issues such as threatening aquatic life and reducing air quality. Plastics used in the food packaging industry is majorly made up of polymers which are made from microbes, monomers, and biomass. For many industrial uses, biodegradable polymers or biodegradable plastics have risen as an alternate strategy to reduce the risk brought on by non-biodegradable plastic.

Awareness to Reduce Plastic Waste Across Europe

The Growing economic rift across Europe suggests investors to have keen participation in nation building through the invention and development of Green and sustainable utilization of plastic waste which triggers small, medium, and large market players to push their product development strategies towards manufacturing Biodegradable Plastics. To raise the demand for recycled plastic content and increase the marketability of plastics used in packaging, new guidelines are developed. A better and more consistent system for the separate collection and sorting of garbage across the EU is implemented together with the enhanced recycling facilities that are created because of excessive collection of plastic.

Recent Trends & Developments

Researchers at the University of Massachusetts Amherst and the University of California, Berkeley have developed a new method that involves putting polyester-eating enzymes in plastic as it is being produced. Enzymes that consume polyester are incorporated into the plastic during manufacturing as part of a new method for decomposing biodegradable plastics. When the enzyme is exposed to heat and water, it sheds its polymer covering and begins chewing on the plastic polymer, breaking it down into its constituent parts, in this example breaking down PLA into lactic acid, which can feed the soil bacteria in compost.


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Market Segmentation

Europe Biodegradable Plastics market is segmented into Product Type, End User Industry, Country, and Company. Based on Product Type, the market is divided into Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), and Others. Based on the End User Industry, the market is segmented into Packaging, Agriculture, Textile, and Others. In terms of countries, the market is segmented into Germany, France, United Kingdom, Italy, Spain, Finland, Greece, Protugal , Bulgaria and Croatia.

Market Players

Novamont S.p.A., Avantium N.V., Sulapac Ltd., AMSilk GmbH, Bio-On S.p.A., CARBIOS, Eastman Chemicals Company, BASF SE, Mitsubishi Chemical Holdings Company, Solanyl Biopolymers Inc. are some of the leading companies operating in Europe Biodegradable Plastics market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in million metric tonnes, CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, Company share, Competitive landscape, Growth factors, and Trends

Segments covered

Product Type

End User Industry

Country

Company

Country scope

Germany, France, United Kingdom, Italy, Spain, Finland, Greece, Portugal, Bulgaria and Croatia

Key companies profiled

Novamont S.p.A., Avantium N.V., Sulapac Ltd., AMSilk GmbH, Bio-On S.p.A., CARBIOS, Eastman Chemicals Company, BASF SE, Mitsubishi Chemical Holdings Company, Solanyl Biopolymers Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Europe Biodegradable Plastics Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Europe Biodegradable Plastics Market, By Product Type:

o    Polylactic Acid (PLA)

o    Polybutylene Adipate Terephthalate (PBAT)

o    Polybutylene Succinate (PBS)

o    Polyhydroxyalkanoates (PHA)

·         Europe Biodegradable Plastics Market, By End User Industry:

o    Packaging

o    Agriculture

o    Textile

·         Europe Biodegradable Plastics Market, By Country:

o    Germany

o    France

o    United Kingdom

o    Italy

o    Spain

o    Finland

o    Greece

o    Portugal

o    Bulgaria

o    Croatia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present Europe Biodegradable Plastics Market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to four).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Europe Biodegradable Plastics Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Product Type

5.2.2.    By End User Industry

5.2.3.    By Country

5.2.4.    By Company (2022)

5.3.  Market Map

5.3.1.    By Product Type (Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), and Others)

5.3.2.    By End User Industry (Packaging, Agriculture, Textile, and Others)

5.3.3.    By Region

5.4.  Pricing Analysis

5.5.  Europe: Country Analysis

5.5.1.    Germany Biodegradable Plastics Market Outlook

5.5.1.1.        Market Size & Forecast

5.5.1.1.1.           By Value & Volume

5.5.1.2.        Market Share & Forecast

5.5.1.2.1.           By Product Type

5.5.1.2.2.           By End User Industry

5.5.2.    France Biodegradable Plastics Market Outlook

5.5.2.1.        Market Size & Forecast

5.5.2.1.1.           By Value & Volume

5.5.2.2.        Market Share & Forecast

5.5.2.2.1.           By Product Type

5.5.2.2.2.           By End User Industry

5.5.3.    United Kingdom Biodegradable Plastics Outlook

5.5.3.1.        Market Size & Forecast

5.5.3.1.1.           By Value & Volume

5.5.3.2.        Market Share & Forecast

5.5.3.2.1.           By Product Type

5.5.3.2.2.           By End User Industry

5.5.4.    Italy Biodegradable Plastics Outlook

5.5.4.1.        Market Size & Forecast

5.5.4.1.1.           By Value & Volume

5.5.4.2.        Market Share & Forecast

5.5.4.2.1.           By Product Type

5.5.4.2.2.           By End User Industry

5.5.5.    Spain Biodegradable Plastics Outlook

5.5.5.1.        Market Size & Forecast

5.5.5.1.1.           By Value & Volume

5.5.5.2.        Market Share & Forecast

5.5.5.2.1.           By Product Type

5.5.5.2.2.           By End User Industry

5.5.6.    Finland Biodegradable Plastics Outlook

5.5.6.1.        Market Size & Forecast

5.5.6.1.1.           By Value & Volume

5.5.6.2.        Market Share & Forecast

5.5.6.2.1.           By Product Type

5.5.6.2.2.           By End User Industry

5.5.7.    Greece Biodegradable Plastics Outlook

5.5.7.1.        Market Size & Forecast

5.5.7.1.1.           By Value & Volume

5.5.7.2.        Market Share & Forecast

5.5.7.2.1.           By Product Type

5.5.7.2.2.           By End User Industry

5.5.8.    Portugal Biodegradable Plastics Outlook

5.5.8.1.        Market Size & Forecast

5.5.8.1.1.           By Value & Volume

5.5.8.2.        Market Share & Forecast

5.5.8.2.1.           By Product Type

5.5.8.2.2.           By End User Industry

5.5.9.    Bulgaria Biodegradable Plastics Outlook

5.5.9.1.        Market Size & Forecast

5.5.9.1.1.           By Value & Volume

5.5.9.2.        Market Share & Forecast

5.5.9.2.1.           By Product Type

5.5.9.2.2.           By End User Industry

5.5.10. Croatia Biodegradable Plastics Outlook

5.5.10.1.     Market Size & Forecast

5.5.10.1.1.         By Value & Volume

5.5.10.2.     Market Share & Forecast

5.5.10.2.1.         By Product Type

5.5.10.2.2.         By End User Industry

6.    Market Dynamics

6.1.  Drivers

6.2.  Challenges

7.    Market Trends & Developments

7.1.  Merger & Acquisition

7.2.  Recent Development

7.3.  Product Launches

8.    Competitive Landscape

8.1.  Business Overview

8.2.  Service Offerings

8.3.  Recent Developments

8.4.  Financials (As Reported)

8.5.  Key Personnel

8.6.  SWOT Analysis

8.6.1.    Novamont S.p.A.

8.6.2.    Avantium N.V.

8.6.3.    Sulapac Ltd.

8.6.4.    AMSilk GmbH

8.6.5.    Bio-On S.p.A.

8.6.6.    CARBIOS

8.6.7.    Eastman Chemicals Company

8.6.8.    BASF SE

8.6.9.    Mitsubishi Chemical Holdings Company

8.6.10. Solanyl Biopolymers Inc.

9. Strategic Recommendations

Figures and Tables

Frequently asked questions

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High demand from food packaging applications & Awareness to reduce plastic waste across Europe are one of the major factors driving the growth of Europe Biodegradable Plastics Market.

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Products Contaminating Recycling Stream and Fluctuation in raw material prices are major factors inhibiting the growth of the market.

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Development in R&D activities to stabilize high prices and Technological advancements to dramatically scale biodegradable plastic are the few trends pertinent to Europe Biodegradable Plastics Market.

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Novamont S.p.A., Avantium N.V., Sulapac Ltd., AMSilk GmbH, Bio-On S.p.A., CARBIOS, Eastman Chemicals Company, BASF SE, Mitsubishi Chemical Holdings Company, Solanyl Biopolymers Inc. are one of the major market players operating in Europe Biodegradable Plastics Market.

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