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Biodegradable Plastics-Global Market Insights and Sales Trends 2025
Synopsis
Biodegradable plastics are plastics that are decomposed by the action of living organisms, usually bacteria.
The global Biodegradable Plastics market size is expected to reach US$ 5392.4 million by 2029, growing at a CAGR of 8.6% from 2023 to 2029. The market is mainly driven by the significant applications of Biodegradable Plastics in various end use industries. The expanding demands from the Packaging, Fibers, Agriculture and Injection Molding, are propelling Biodegradable Plastics market. PLA, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Starch Blends segment is estimated at % CAGR for the next seven-year period.
Western Europe and North America are the biggest consumers of biodegradable plastics globally. Italy and the U.S. are the key countries in Western Europe and North America, witnessing CAGRs of 12.4% and 11.5%, respectively, between 2018 and 2023. The developing countries are also growing at a rapid pace due to rising domestic demand.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Biodegradable Plastics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Biodegradable Plastics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Biodegradable Plastics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Biodegradable Plastics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Biodegradable Plastics covered in this report include Metabolix, BASF, Corbion NV, Natureworks, Biome Technologies, Mitsubishi Chemical, Plantic Technologies, Bio-On and Meredian, etc.
The global Biodegradable Plastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Metabolix
BASF
Corbion NV
Natureworks
Biome Technologies
Mitsubishi Chemical
Plantic Technologies
Bio-On
Meredian
Tianan Biologic Materials
Mitsui Chemicals
Teijin
Tianjin Guoyun Biological Materials
Toray
Global Biodegradable Plastics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Biodegradable Plastics market, Segment by Type:
PLA
Starch Blends
PCL
Regenerated Cellulose
PBS
PHA
Global Biodegradable Plastics market, by Application
Packaging
Fibers
Agriculture
Injection Molding
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Biodegradable Plastics manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Biodegradable Plastics in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Biodegradable plastics are plastics that are decomposed by the action of living organisms, usually bacteria.
The global Biodegradable Plastics market size is expected to reach US$ 5392.4 million by 2029, growing at a CAGR of 8.6% from 2023 to 2029. The market is mainly driven by the significant applications of Biodegradable Plastics in various end use industries. The expanding demands from the Packaging, Fibers, Agriculture and Injection Molding, are propelling Biodegradable Plastics market. PLA, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Starch Blends segment is estimated at % CAGR for the next seven-year period.
Western Europe and North America are the biggest consumers of biodegradable plastics globally. Italy and the U.S. are the key countries in Western Europe and North America, witnessing CAGRs of 12.4% and 11.5%, respectively, between 2018 and 2023. The developing countries are also growing at a rapid pace due to rising domestic demand.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Biodegradable Plastics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Biodegradable Plastics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Biodegradable Plastics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Biodegradable Plastics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Biodegradable Plastics covered in this report include Metabolix, BASF, Corbion NV, Natureworks, Biome Technologies, Mitsubishi Chemical, Plantic Technologies, Bio-On and Meredian, etc.
The global Biodegradable Plastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Metabolix
BASF
Corbion NV
Natureworks
Biome Technologies
Mitsubishi Chemical
Plantic Technologies
Bio-On
Meredian
Tianan Biologic Materials
Mitsui Chemicals
Teijin
Tianjin Guoyun Biological Materials
Toray
Global Biodegradable Plastics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Biodegradable Plastics market, Segment by Type:
PLA
Starch Blends
PCL
Regenerated Cellulose
PBS
PHA
Global Biodegradable Plastics market, by Application
Packaging
Fibers
Agriculture
Injection Molding
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Biodegradable Plastics manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Biodegradable Plastics in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Biodegradable Plastics Market Overview
1.1 Biodegradable Plastics Product Overview
1.2 Biodegradable Plastics Market Segment by Type
1.2.1 PLA
1.2.2 Starch Blends
1.2.3 PCL
1.2.4 Regenerated Cellulose
1.2.5 PBS
1.2.6 PHA
1.3 Global Biodegradable Plastics Market Size by Type
1.3.1 Global Biodegradable Plastics Market Size Overview by Type (2018-2029)
1.3.2 Global Biodegradable Plastics Historic Market Size Review by Type (2018-2023)
1.3.3 Global Biodegradable Plastics Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Biodegradable Plastics Sales Breakdown by Type (2018-2023)
1.4.2 Europe Biodegradable Plastics Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Biodegradable Plastics Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Biodegradable Plastics Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Biodegradable Plastics Sales Breakdown by Type (2018-2023)
2 Global Biodegradable Plastics Market Competition by Company
2.1 Global Top Players by Biodegradable Plastics Sales (2018-2023)
2.2 Global Top Players by Biodegradable Plastics Revenue (2018-2023)
2.3 Global Top Players by Biodegradable Plastics Price (2018-2023)
2.4 Global Top Manufacturers Biodegradable Plastics Manufacturing Base Distribution, Sales Area, Product Type
2.5 Biodegradable Plastics Market Competitive Situation and Trends
2.5.1 Biodegradable Plastics Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Biodegradable Plastics Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Biodegradable Plastics as of 2022)
2.7 Date of Key Manufacturers Enter into Biodegradable Plastics Market
2.8 Key Manufacturers Biodegradable Plastics Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Biodegradable Plastics Status and Outlook by Region
3.1 Global Biodegradable Plastics Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Biodegradable Plastics Historic Market Size by Region
3.2.1 Global Biodegradable Plastics Sales in Volume by Region (2018-2023)
3.2.2 Global Biodegradable Plastics Sales in Value by Region (2018-2023)
3.2.3 Global Biodegradable Plastics Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Biodegradable Plastics Forecasted Market Size by Region
3.3.1 Global Biodegradable Plastics Sales in Volume by Region (2024-2029)
3.3.2 Global Biodegradable Plastics Sales in Value by Region (2024-2029)
3.3.3 Global Biodegradable Plastics Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Biodegradable Plastics by Application
4.1 Biodegradable Plastics Market Segment by Application
4.1.1 Packaging
4.1.2 Fibers
4.1.3 Agriculture
4.1.4 Injection Molding
4.1.5 Others
4.2 Global Biodegradable Plastics Market Size by Application
4.2.1 Global Biodegradable Plastics Market Size Overview by Application (2018-2029)
4.2.2 Global Biodegradable Plastics Historic Market Size Review by Application (2018-2023)
4.2.3 Global Biodegradable Plastics Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Biodegradable Plastics Sales Breakdown by Application (2018-2023)
4.3.2 Europe Biodegradable Plastics Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Biodegradable Plastics Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Biodegradable Plastics Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Biodegradable Plastics Sales Breakdown by Application (2018-2023)
5 North America Biodegradable Plastics by Country
5.1 North America Biodegradable Plastics Historic Market Size by Country
5.1.1 North America Biodegradable Plastics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Biodegradable Plastics Sales in Volume by Country (2018-2023)
5.1.3 North America Biodegradable Plastics Sales in Value by Country (2018-2023)
5.2 North America Biodegradable Plastics Forecasted Market Size by Country
5.2.1 North America Biodegradable Plastics Sales in Volume by Country (2024-2029)
5.2.2 North America Biodegradable Plastics Sales in Value by Country (2024-2029)
6 Europe Biodegradable Plastics by Country
6.1 Europe Biodegradable Plastics Historic Market Size by Country
6.1.1 Europe Biodegradable Plastics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Biodegradable Plastics Sales in Volume by Country (2018-2023)
6.1.3 Europe Biodegradable Plastics Sales in Value by Country (2018-2023)
6.2 Europe Biodegradable Plastics Forecasted Market Size by Country
6.2.1 Europe Biodegradable Plastics Sales in Volume by Country (2024-2029)
6.2.2 Europe Biodegradable Plastics Sales in Value by Country (2024-2029)
7 Asia-Pacific Biodegradable Plastics by Region
7.1 Asia-Pacific Biodegradable Plastics Historic Market Size by Region
7.1.1 Asia-Pacific Biodegradable Plastics Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Biodegradable Plastics Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Biodegradable Plastics Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Biodegradable Plastics Forecasted Market Size by Region
7.2.1 Asia-Pacific Biodegradable Plastics Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Biodegradable Plastics Sales in Value by Region (2024-2029)
8 Latin America Biodegradable Plastics by Country
8.1 Latin America Biodegradable Plastics Historic Market Size by Country
8.1.1 Latin America Biodegradable Plastics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Biodegradable Plastics Sales in Volume by Country (2018-2023)
8.1.3 Latin America Biodegradable Plastics Sales in Value by Country (2018-2023)
8.2 Latin America Biodegradable Plastics Forecasted Market Size by Country
8.2.1 Latin America Biodegradable Plastics Sales in Volume by Country (2024-2029)
8.2.2 Latin America Biodegradable Plastics Sales in Value by Country (2024-2029)
9 Middle East and Africa Biodegradable Plastics by Country
9.1 Middle East and Africa Biodegradable Plastics Historic Market Size by Country
9.1.1 Middle East and Africa Biodegradable Plastics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Biodegradable Plastics Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Biodegradable Plastics Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Biodegradable Plastics Forecasted Market Size by Country
9.2.1 Middle East and Africa Biodegradable Plastics Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Biodegradable Plastics Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Metabolix
10.1.1 Metabolix Company Information
10.1.2 Metabolix Introduction and Business Overview
10.1.3 Metabolix Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Metabolix Biodegradable Plastics Products Offered
10.1.5 Metabolix Recent Development
10.2 BASF
10.2.1 BASF Company Information
10.2.2 BASF Introduction and Business Overview
10.2.3 BASF Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BASF Biodegradable Plastics Products Offered
10.2.5 BASF Recent Development
10.3 Corbion NV
10.3.1 Corbion NV Company Information
10.3.2 Corbion NV Introduction and Business Overview
10.3.3 Corbion NV Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Corbion NV Biodegradable Plastics Products Offered
10.3.5 Corbion NV Recent Development
10.4 Natureworks
10.4.1 Natureworks Company Information
10.4.2 Natureworks Introduction and Business Overview
10.4.3 Natureworks Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Natureworks Biodegradable Plastics Products Offered
10.4.5 Natureworks Recent Development
10.5 Biome Technologies
10.5.1 Biome Technologies Company Information
10.5.2 Biome Technologies Introduction and Business Overview
10.5.3 Biome Technologies Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Biome Technologies Biodegradable Plastics Products Offered
10.5.5 Biome Technologies Recent Development
10.6 Mitsubishi Chemical
10.6.1 Mitsubishi Chemical Company Information
10.6.2 Mitsubishi Chemical Introduction and Business Overview
10.6.3 Mitsubishi Chemical Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mitsubishi Chemical Biodegradable Plastics Products Offered
10.6.5 Mitsubishi Chemical Recent Development
10.7 Plantic Technologies
10.7.1 Plantic Technologies Company Information
10.7.2 Plantic Technologies Introduction and Business Overview
10.7.3 Plantic Technologies Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Plantic Technologies Biodegradable Plastics Products Offered
10.7.5 Plantic Technologies Recent Development
10.8 Bio-On
10.8.1 Bio-On Company Information
10.8.2 Bio-On Introduction and Business Overview
10.8.3 Bio-On Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bio-On Biodegradable Plastics Products Offered
10.8.5 Bio-On Recent Development
10.9 Meredian
10.9.1 Meredian Company Information
10.9.2 Meredian Introduction and Business Overview
10.9.3 Meredian Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Meredian Biodegradable Plastics Products Offered
10.9.5 Meredian Recent Development
10.10 Tianan Biologic Materials
10.10.1 Tianan Biologic Materials Company Information
10.10.2 Tianan Biologic Materials Introduction and Business Overview
10.10.3 Tianan Biologic Materials Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Tianan Biologic Materials Biodegradable Plastics Products Offered
10.10.5 Tianan Biologic Materials Recent Development
10.11 Mitsui Chemicals
10.11.1 Mitsui Chemicals Company Information
10.11.2 Mitsui Chemicals Introduction and Business Overview
10.11.3 Mitsui Chemicals Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Mitsui Chemicals Biodegradable Plastics Products Offered
10.11.5 Mitsui Chemicals Recent Development
10.12 Teijin
10.12.1 Teijin Company Information
10.12.2 Teijin Introduction and Business Overview
10.12.3 Teijin Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Teijin Biodegradable Plastics Products Offered
10.12.5 Teijin Recent Development
10.13 Tianjin Guoyun Biological Materials
10.13.1 Tianjin Guoyun Biological Materials Company Information
10.13.2 Tianjin Guoyun Biological Materials Introduction and Business Overview
10.13.3 Tianjin Guoyun Biological Materials Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Tianjin Guoyun Biological Materials Biodegradable Plastics Products Offered
10.13.5 Tianjin Guoyun Biological Materials Recent Development
10.14 Toray
10.14.1 Toray Company Information
10.14.2 Toray Introduction and Business Overview
10.14.3 Toray Biodegradable Plastics Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Toray Biodegradable Plastics Products Offered
10.14.5 Toray Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Biodegradable Plastics Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Biodegradable Plastics Industrial Chain Analysis
11.4 Biodegradable Plastics Market Dynamics
11.4.1 Biodegradable Plastics Industry Trends
11.4.2 Biodegradable Plastics Market Drivers
11.4.3 Biodegradable Plastics Market Challenges
11.4.4 Biodegradable Plastics Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Biodegradable Plastics Distributors
12.3 Biodegradable Plastics Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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