Biodegradable Plastics Market
Biodegradable Plastics Market - Global Industry Assessment & Forecast
Segments Covered
- By Product PLA, Starch Based, PHA, PBS, PBAT, Other Products
- By Application Packaging, Consumer Goods, Agriculture, Other Applications
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 7.9 Million |
Revenue 2030: | USD 19.5 Million |
Revenue CAGR (2023 - 2030): | 13.8% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Biodegradable Plastics Market Segment Analysis
- Biodegradable Plastics Product Outlook (Revenue, USD Million, 2018 - 2030)
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Biodegradable Plastics Application Outlook (Revenue, USD Million, 2018 - 2030)
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
-
North America Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- U.S.
- U.S. Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- U.S. Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- U.S. Biodegradable Plastics Market, by Product
- Canada
- Canada Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Canada Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Canada Biodegradable Plastics Market, by Product
-
Mexico
- Mexico Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Mexico Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Mexico Biodegradable Plastics Market, by Product
-
North America Biodegradable Plastics Market, by Product
- Europe
-
Europe Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
-
Europe Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- U. K.
- U.K. Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- U.K. Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- U.K. Biodegradable Plastics Market, by Product
- France
- France Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- France Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- France Biodegradable Plastics Market, by Product
-
Germany
- Germany Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Germany Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Germany Biodegradable Plastics Market, by Product
-
Italy
- Italy Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Italy Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Italy Biodegradable Plastics Market, by Product
-
Spain
- Spain Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Spain Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Spain Biodegradable Plastics Market, by Product
-
Rest of Europe
- Rest of Europe Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Rest of Europe Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Rest of Europe Biodegradable Plastics Market, by Product
-
Europe Biodegradable Plastics Market, by Product
- Asia Pacific
-
Asia Pacific Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
-
Asia Pacific Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- China
- China Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- China Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- China Biodegradable Plastics Market, by Product
- Japan
- Japan Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Japan Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Japan Biodegradable Plastics Market, by Product
-
Germany
- Germany Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Germany Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Germany Biodegradable Plastics Market, by Product
-
India
- India Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- India Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- India Biodegradable Plastics Market, by Product
-
South Korea
- South Korea Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- South Korea Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- South Korea Biodegradable Plastics Market, by Product
-
South East Asia
- South East Asia Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- South East Asia Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- South East Asia Biodegradable Plastics Market, by Product
-
Rest of Asia Pacific
- Rest of Asia Pacific Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Rest of Asia Pacific Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Rest of Asia Pacific Biodegradable Plastics Market, by Product
-
Asia Pacific Biodegradable Plastics Market, by Product
- Latin America
-
Latin America Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
-
Latin America Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Brazil
- Brazil Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Brazil Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Brazil Biodegradable Plastics Market, by Product
- Argentina
- Argentina Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Argentina Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Argentina Biodegradable Plastics Market, by Product
-
Rest of Latin America
- Rest of Latin America Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Rest of Latin America Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Rest of Latin America Biodegradable Plastics Market, by Product
-
Latin America Biodegradable Plastics Market, by Product
- Middle East & Africa
-
Middle East & Africa Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
-
Middle East & Africa Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- GCC Countries
- GCC Countries Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- GCC Countries Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- GCC Countries Biodegradable Plastics Market, by Product
- South Africa
- South Africa Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- South Africa Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- South Africa Biodegradable Plastics Market, by Product
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Biodegradable Plastics Market, by Product
- PLA
- Starch Based
- PHA
- PBS
- PBAT
- Other Products
- Rest of Middle East & Africa Biodegradable Plastics Market, by Application
- Packaging
- Consumer Goods
- Agriculture
- Other Applications
- Rest of Middle East & Africa Biodegradable Plastics Market, by Product
-
Middle East & Africa Biodegradable Plastics Market, by Product
- North America
FAQ
Frequently Asked Question
What is the global demand for Biodegradable Plastics in terms of revenue?
-
The global Biodegradable Plastics valued at USD 7.9 Million in 2022 and is expected to reach USD 19.5 Million in 2030 growing at a CAGR of 13.8%.
Which are the prominent players in the market?
-
The prominent players in the market are Cargill Incorporated (U.S.), PTT MCC Biochem Co. Ltd. (Thailand), Biome Technologies PLC (UK), Plantic Technologies Ltd. (Australia), BASF SE (Germany), Total Corbion PLA (Netherlands), Synbra Technology BV (Netherlands), Futerro BV (Belgium), Novamont SPA (Italy), NatureWorks LLC (U.S.), Eastman Chemical Company (U.S.), Trineso (U.S.), Danimer Scientific (U.S.), FKuR Kunststoff GmbH (Germany).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 13.8% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Biodegradable Plastics include
- Growing demand for biodegradable plastics across end-use categories to drive the market growth
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Biodegradable Plastics in 2022.