Dublin, May 19, 2023 (GLOBE NEWSWIRE) -- The "Biodegradable Polymers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Biodegradable Polymers estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$3.8 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030.
Starch Compounds, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$1.9 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Polylactic Acid segment is readjusted to a revised 3.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $826.6 Million, While China is Forecast to Grow at 3.7% CAGR
The Biodegradable Polymers market in the U.S. is estimated at US$826.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$682.6 Million by the year 2030 trailing a CAGR of 3.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
Select Competitors (Total 73 Featured) -
- Avantium NV
- BASF SE
- Biome Technologies PLC
- Biomer
- BIOTEC GmbH & Co. KG
- CJ CheilJedang Corporation
- Corbion NV
- Danimer Scientific
- DIC Corporation
- Dow Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 209 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.8 Billion |
| Forecasted Market Value (USD) by 2030 | $3.8 Billion |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Biodegradable Polymers - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- An Introduction to Biodegradable Polymers
- Global Market Prospects & Outlook
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Expanding End-Uses for Biodegradable Polymers to Fuel Market Growth
- Persistent Rise in Demand from Packaging Industry to Spur Market Growth
- Innovations in Biodegradable Polymers-Based Packaging Materials
- Rising Demand for Biodegradable Polymers from Food Packaging Applications
- ComposTable Bags Demand to Boost Market Prospects
- Consumer Focus on Eco-Friendly Plastic Products Presents Opportunities for Biodegradable Polymers
- Biodegradable Polymers Find Use in Biomedical Applications
- Agriculture Industry Makes Use of Biodegradable Polymers
- Biodegradable Polymers to Play a Critical Role in Sustainable Environmental & Economic Development
- Next-Gen Biodegradable Polymers: A Potential Solution for the World's Plastic Problem
- With Government Promoting Green Procurement Policies, Market Poised to Benefit
- Consumer Goods: A Major Market for Biodegradable Polymers
- Numerous Benefits of Biodegradable Polymers Drive Use in Textile Industry
- PLA Finds Growing Use in Food Packaging and Frozen Items
- Biodegradability and Low Cost Among the Key Benefits Fueling Demand for Starch Blends
- PHA: Demand for High Quality Packaging Materials Spurs Demand
- Biodegradable Polymers to Replace Conventional Fracking Fluids
- Biodegradable Coatings: Potential in Store
- Biodegradable Polymers in Medical Sector: High Growth Opportunities
- Innovations to Boost Market Prospects
- Challenges Facing Biodegradable Polymers Market
- High Cost of Biodegradable Plastics Compared to Conventional Plastics
- Biodegradable Plastics Suffer from Performance-related issues
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/t8vnqh
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