Dublin, June 23, 2023 (GLOBE NEWSWIRE) -- The "Plastic-eating Bacteria Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 to 2031" report has been added to ResearchAndMarkets.com's offering.
The global plastic-eating bacteria market is expected to grow at a CAGR of 9% during the forecast period of 2023 to 2031. The market for plastic-eating bacteria is primarily driven by the increasing adoption of sustainable solutions to plastic waste management.
Market Highlights
- Increasing environmental concerns
- Government regulations
- Growing demand for sustainable solutions
- Limited effectiveness in degrading certain types of plastics
- PET dominates the market by resin type
- North America and Europe to dominate the global market
- Market competition to intensify during the forecast period
Report Coverage
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Plastic-eating Bacteria market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2031.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Plastic-eating Bacteria market?
- Which is the largest regional market for Plastic-eating Bacteria market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Plastic-eating Bacteria market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Plastic-eating Bacteria market worldwide?
Companies Mentioned
- Carbios
- Novozymes
- Danimer Scientific
- BioLogiQ
- Tianjin GreenBio Materials
- Full Cycle Bioplastics
- Newlight Technologies
For more information about this report visit https://www.researchandmarkets.com/r/8a8e1i
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
