Report Description

The Global Biodegradable Plastic market stood at USD3438.70 million in 2021 and is expected to grow at a CAGR of 9.03% during the forecast period. This can be attributed to the factors like the rising trend of environmentally friendly materials for packaging and rising environmental awareness among the masses, extensively publicized effects of climate change, price increases of fossil materials, research on the bio-based economy, which several national governments are already supporting, and advantages over conventional Plastic. Moreover, corporates are becoming more focused on sustainability.

Rising Environmental Awareness

The increasing use of biodegradable Plastic, with growing awareness among the public towards the ill effects of conventional plastic waste, is the major growth driver of the biodegradable Plastic industry. The rising trend of environmentally friendly materials for packaging has also influenced the market growth of biodegradable Plastic. These factors also contribute one step towards a sustainable future with reduced environmental impact.

Reduced Carbon Footprint and Additional Waste Management Options

Compared to conventional petroleum-derived Plastic, the use of biodegradable plastic significantly reduces carbon dioxide emissions by almost 50-70%. In addition to this, it also provides additional waste management options, such as composting, as it only requires disposing under certain conditions and turns into a natural fertilizer for plants, contributing positively to soil fertility.

Price Increase of Fossil Materials

Prices of fossil materials such as coal, gas, and petroleum products have been continuously increasing in the recent past and will continue to increase due to rising energy demand and reduced supplies. Conventional Plastic are derived from crude oil, and their price reached an all-time high in early 2022 due to geopolitical issues in Europe. So currently, biodegradable Plastic may seem to be expensive, but they will be cost-effective in the long run. Increasing fossil fuel prices directly contributes to the growth of the global biodegradable plastic market.

Political Support

Not only developed but a significant number of developing countries have also banned the use of conventional petroleum-derived Plastics, directly contributing to the increase in supply and demand for biodegradable Plastic. Several National Governments have already come up with supportive policies to boost production capacity and research on the bio-based economy.


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Market Segmentation

The global Biodegradable Plastic market is segmented based on type, end user industry, company, and regional distribution. Based on type, the market can be categorized into Starch Blends, Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polyhydroxyalkanoate (PHA) and Others. Based on the end user industry, the market is segmented into Packaging, Consumer Goods, Textiles and Others. Based on region, Europe dominated the market in 2021 with an overall share of 53.21% on account of widespread use and adoption of biodegradable Plastic. In Europe, Germany dominates the overall market because of the implementation of stringent regulations by the government on the use of conventional (petroleum-based) Plastic.

Company Profiles

Novamont S.p.A, NatureWorks LLC, Futerro, TotalEnergies Corbion, BASF SE, Kingfa SCI.& TECH. Co. Limited, Zhejiang Hisun Biomaterials Co. Limited, Danimer Scientific Inc., Kaneka Corporation, Mitsubishi Chemical Holdings Corporation, Toray Industries Inc, Biome BioPlastics are among the major market players in the Global Biodegradable Plastic Market.

Attribute

Details

Market size value in 2021

USD 3438.70 Million

Revenue Forecast in 2027

USD 5741.74 Million

United States Market Size By Volume in 2021

120.75 thousand Tons

Growth Rate

9.03%

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Thousand Tonnes and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         End user Industry

Regional Scope

Europe; North America; Asia Pacific; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; Germany; France; Italy; Poland; Netherlands; Greece; China; India; Japan; Australia; Vietnam; Brazil; Argentina; Colombia; Venezuela; Chile; Turkey; South Africa; Saudi Arabia; UAE; Qatar

Key Companies Profiled

Novamont S.p.A, NatureWorks LLC, Futerro, Total Corbion PLA, BASF FE, Kingfa SCI & TECH. Co. Limited, Zhejiang Hisun Biomaterials Co. Limited, Danimer Scientific, Kaneka Corporation, Mitsubishi Chemical Holdings Corporation, Toray Industries Inc, Biome BioPlastics

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/pdf format on special request)

 

Report Scope:

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

  • Biodegradable Plastic Market, By Type:
    • Starch Blends
    • Polylactic Acid (PLA)
    • Polybutylene Adipate Terephthalate (PBAT)
    • Polyhydroxyalkanoate (PHA)
    • Others (Polyglycolic acid, Polybutylene succinate)

·         Biodegradable Plastic Market, By End User Industry:

    • Packaging
    • Consumer Goods
    • Textiles
    • Others (Containers, 3D Printing)

·         Biodegradable Plastic Market, By Region:

    • Europe
      • Germany
      • France
      • Italy
      • Poland
      • Netherlands
      • Greece
    • Asia Pacific
      • China
      • Japan 
      • India
      • Vietnam
      • Australia
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Chile
      • Venezuela
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • Turkey
      • Qatar
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Biodegradable Plastic 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 five).

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Biodegradable Plastic Market

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Factors Contributing to Switch to Biodegradable Plastic

5.3.  Preference, By Type

5.4.  Demand, By End User Industry

6.    Global Biodegradable Plastic Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.1.2.    By Volume

6.2.  Market Share & Forecast

6.2.1.    By Type (PLA, Starch Blends, PHA, PBAT, Others)

6.2.2.    By End User Industry (Packaging, Consumer Goods, Textiles, Others)

6.2.3.    By Region

6.2.4.    By Company (2021)

6.2.5.    By Region

6.3.  Market Map

7.    Europe Biodegradable Plastic Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.1.2.    By Volume

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By End User Industry

7.2.3.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Biodegradable Plastic Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Volume

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By End User Industry

7.3.2.    France Biodegradable Plastic Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Volume

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By End User Industry

7.3.3.    Italy Biodegradable Plastic Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Volume

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By End User Industry

7.3.4.    Poland Biodegradable Plastic Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Volume

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By End User Industry

7.3.5.    Netherlands Biodegradable Plastic Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Volume

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By End User Industry

7.3.6.    Greece Biodegradable Plastic Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Volume

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Type

7.3.6.2.2.           By End User Industry

8.    Asia-Pacific Biodegradable Plastic Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.1.2.    By Volume

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By End User Industry

8.2.3.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Biodegradable Plastic Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Volume

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By End User Industry

8.3.2.    Japan Biodegradable Plastic Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Volume

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By End User Industry

8.3.3.    India Biodegradable Plastic Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Volume

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By End User Industry

8.3.4.    Vietnam Biodegradable Plastic Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Volume

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type

8.3.4.2.2.           By End User Industry

8.3.5.    Australia Biodegradable Plastic Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Volume

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type

8.3.5.2.2.           By End User Industry

9.    North America Biodegradable Plastic Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.1.2.    By Volume

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By End User Industry

9.2.3.    By Country

9.3.  North America: Country Analysis

9.3.1.    United States Biodegradable Plastic Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Volume

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By End User Industry

9.3.2.    Canada Biodegradable Plastic Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Volume

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By End User Industry

9.3.3.    Mexico Biodegradable Plastic Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Volume

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By End User Industry

10. South America Biodegradable Plastic Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.1.2. By Volume

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By End User Industry

10.2.3. By Country

10.3.             South America: Country Analysis

10.3.1. Brazil Biodegradable Plastic Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Volume

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By End User Industry

10.3.2. Argentina Biodegradable Plastic Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Volume

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By End User Industry

10.3.3. Colombia Biodegradable Plastic Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By End User Industry

10.3.4. Chile Biodegradable Plastic Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Volume

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type

10.3.4.2.2.         By End User Industry

10.3.5. Venezuela Biodegradable Plastic Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Volume

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Type

10.3.5.2.2.         By End User Industry

11. Middle East and Africa Biodegradable Plastic Market Outlook

11.1.             Market Size & Forecast        

11.1.1. By Value

11.1.2. By Volume

11.2.             Market Share & Forecast

11.2.1. By Type

11.2.2. By End User Industry

11.2.3. By Country

11.3.             MEA: Country Analysis

11.3.1. South Africa Biodegradable Plastic Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Volume

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Type

11.3.1.2.2.         By End User Industry

11.3.2. Saudi Arabia Biodegradable Plastic Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Volume

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Type

11.3.2.2.2.         By End User Industry

11.3.3. Turkey Biodegradable Plastic Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Volume

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Type

11.3.3.2.2.         By End User Industry

11.3.4. Qatar Biodegradable Plastic Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Volume

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Type

11.3.4.2.2.         By End User Industry

11.3.5. UAE Biodegradable Plastic Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Volume

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Type

11.3.5.2.2.         By End User Industry

12. Market Dynamics

12.1.             Drivers

12.2.             Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1.             Novamont S.p.A.

14.2.             NatureWorks LLC

14.3.             Futerro

14.4.             TotalEnergies Corbion

14.5.             BASF SE

14.6.             Kingfa SCI. & TECH. Co. Limited

14.7.             Zhejiang Hisun Biomaterials Co. Limited

14.8.             Danimer Scientific

14.9.             Kaneka Corporation

14.10.          Mitsubishi Chemical Holdings Corporation

14.11.          Toray Industries, INC

14.12.          Biome BioPlastics

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

List of Figures:

Figure 1: Global Biodegradable Plastic Market Size, By Value (USD Million), 2017-2027F

Figure 2: Global Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 3: Global Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 4: Global Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 5: Global Biodegradable Plastic Market Share, By Region, By Volume, 2017-2027F

Figure 6: Global Biodegradable Plastic Market Share, By Company, By Value, 2021

Figure 7: Global Biodegradable Plastic Market Map, By Type, Market Size (Thousand Tonnes) & Growth Rate (%), 2021

Figure 8: Global Biodegradable Plastic Market Map, By End User Industry, Market Size (Thousand Tones) & Growth Rate (%), 2021

Figure 9: Global Biodegradable Plastic Market Map, By Region, Market Size (Thousand Tonnes) & Growth Rate (%), 2021

Figure 10: Europe Biodegradable Plastic Market Size, By Value (USD Million), 2017-2027F

Figure 11: Europe Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 12: Europe Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 13: Europe Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 14: Europe Biodegradable Plastic Market Share, By Country, By Volume, 2017-2027F

Figure 15: Germany Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 16: Germany Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 17: Germany Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 18: Germany Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 19: France Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 20: France Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 21: France Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 22: France Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 23: Italy Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 24: Italy Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 25: Italy Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 26: Italy Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 27: Poland Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 28: Poland Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 29: Poland Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 30: Poland Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 31: Netherlands Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 32: Netherlands Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 33: Netherlands Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 34: Netherlands Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 35: Greece Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 36: Greece Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 37: Greece Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 38: Greece Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 39: Asia Pacific Biodegradable Plastic Market Size, By Value (USD Million), 2017-2027F

Figure 40: Asia Pacific Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 41: Asia Pacific Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 42: Asia Pacific Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 43: Asia Pacific Biodegradable Plastic Market Share, By Country, By Volume, 2017-2027F

Figure 44: China Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 45: China Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 46: China Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 47: China Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 48: Japan Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 49: Japan Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 50: Japan Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 51: Japan Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 52: India Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 53: India Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 54: India Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 55: India Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 56: Vietnam Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 57: Vietnam Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 58: Vietnam Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 59: Vietnam Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 60: Australia Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 61: Australia Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 62: Australia Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 63: Australia Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 64: North America Biodegradable Plastic Market Size, By Value (USD Million), 2017-2027F

Figure 65: North America Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 66: North America Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 67: North America Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 68: North America Biodegradable Plastic Market Share, By Country, By Volume, 2017-2027F

Figure 69: United States Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 70: United States Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 71: United States Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 72: United States Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 73: Canada Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 74: Canada Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 75: Canada Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 76: Canada Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 77: Mexico Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 78: Mexico Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 79: Mexico Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 80: Mexico Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 81: South America Biodegradable Plastic Market Size, By Value (USD Million), 2017-2027F

Figure 82: South America Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 83: South America Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 84: South America Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 85: South America Biodegradable Plastic Market Share, By Country, By Volume, 2017-2027F

Figure 86: Brazil Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 87: Brazil Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 88: Brazil Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 89: Brazil Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 90: Argentina Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 91: Argentina Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 92: Argentina Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 93: Argentina Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 94: Colombia Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 95: Colombia Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 96: Colombia Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 97: Colombia Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 98: Chile Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 99: Chile Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 100: Chile Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 101: Chile Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 102: Venezuela Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 103: Venezuela Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 104: Venezuela Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 105: Venezuela Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 106: Middle East & Africa Biodegradable Plastic Market Size, By Value (USD Million), 2017-2027F

Figure 107: Middle East & Africa Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 108: Middle East & Africa Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 109: Middle East & Africa Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 110: Middle East & Africa Biodegradable Plastic Market Share, By Country, By Volume, 2017-2027F

Figure 111: South Africa Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 112: South Africa Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 113: South Africa Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 114: South Africa Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 115: Saudi Arabia Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 116: Saudi Arabia Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 117: Saudi Arabia Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 118: Saudi Arabia Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 119: Turkey Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 120: Turkey Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 121: Turkey Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 122: Turkey Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 123: Qatar Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 124: Qatar Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 125: Qatar Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 126: Qatar Biodegradable Plastic Market Share, By Volume, 2017-2027F

Figure 127: UAE Biodegradable Plastic Market Size, By Volume (Thousand Tonnes), 2017-2027F

Figure 128: UAE Biodegradable Plastic Market Share, By Type, By Volume, 2017-2027F

Figure 129: UAE Biodegradable Plastic Market Share, By End User Industry, By Volume, 2017-2027F

Figure 130: UAE Biodegradable Plastic Market Share, By Volume, 2017-2027F

Frequently asked questions

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Europe is the dominant region in biodegradable Plastic market with market size of USD1851.17 million in 2021. It is dominant due to strict resolutions by European Union to reduce the overall consumption of conventional plastic bags in the region and environmental awareness in the public regarding adverse effects of regular petroleum derived plastic.

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The market share of Starch Blends Biodegradable Plastic in 2021 was 47.11%. It is widely produced due to low-priced, abundant and sustainable starch available as feedstock.

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The major factors hindering the growth of the market include increasing acidification, the water footprint, fluctuating oil prices, which creates volatility in demand for biodegradable Plastic.

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The major factors driving the growth of the Global Biodegradable Plastic market include rise in environmental consciousness among masses, reduced carbon footprint and continuous increase in prices of conventional fuels (petroleum based).

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Sakshi Bajaal

Business Consultant
Press Release

Biodegradable Plastic Market to Grow at a CAGR of 6.91%, By Volume, During the Forecast Period

May, 2022

Rising income levels, increasing awareness about pollution and supportive Government Policies are driving the Global Biodegradable Plastic Market through 2027.