Market Overview:
The global biodegradable additives market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for biodegradable plastics and rising awareness about environmental concerns. Based on type, the global biodegradable additives market is segmented into particles and powder. The particle segment is expected to dominate the market during the forecast period owing to its high usage in various applications such as polypropylene (PP), polystyrene (PS), and polyethylene (PE). Based on application, the global biodegradable additives market is segmented into PP, PS, PE, and others. PP accounted for a major share of the global biodegradable additives market in 2017 due to its growing demand from packaging applications. PS is also projected to witness significant growth during the forecast period owing to its increasing use in food packaging applications.
Product Definition:
A biodegradable additive is a chemical compound that helps break down organic matter in the environment. They are often used in wastewater treatment plants and septic systems to help reduce the amount of pollutants that enter waterways. Biodegradable additives can also be used in agriculture to improve soil health and help crops grow more efficiently.
Particles:
Particles are small solid or liquid particles used as additives in biodegradable plastics. They can be naturally occurring (organic) or synthetic (inorganic). The most common types of particles used as additives in biodegradable plastics include clay, starch, polysaccharides and proteins including gelatin, alginate and pectin among others.
Powder:
Powder is a fine, dry solid and is usually made up of organic materials. It can be used as an alternative to liquids in many applications such as adhesives, paints & coatings and printing inks. Powder has several advantages over liquid additives including less toxicity during production & consumption process, easy handling & storage with no risk of spillage and low cost for bulk usage which makes it ideal for use in biodegradable additives market.
Application Insights:
Polypropylene (PP) was the largest application segment in terms of revenue and is expected to continue its dominance over the forecast period. It is used as a carrier for biodegradable additives and acts as a binder for bio-based polymers. The rising demand from packaging applications coupled with low prices has driven PP consumption, which in turn will have an adverse impact on the overall market growth over the next eight years.
Asia Pacific will witness significant growth owing to increasing product usage in various end-use industries including food & beverage, personal care & cosmetics, textiles and pharmaceuticals among others. In addition, countries such as China India Japan are at forefront of technological development which can be attributed to high adoption rates of biodegradable products especially across emerging economies globally within Asia Pacific region.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising product demand from various end-use industries, such as packaging, automotive, and construction. China led the Asia Pacific regional market in terms of both volume and revenue in 2017 owing to high product penetration in this country along with growing awareness about green products among consumers.
Europe was valued at USD X million in 2017 and is anticipated to witness steady growth over the forecast period on account of stringent regulations regarding waste management coupled with increasing focus on recycling activities by local governments across this region.
Growth Factors:
- Increasing demand for biodegradable additives from end-use industries, owing to the growing awareness about the benefits of using these additives
- Rising demand for environmentally friendly and sustainable products across various industries
- Growing investments in research and development activities for developing innovative biodegradable additives
- Proliferation of nanotechnology-based biodegradable additives that offer better performance than traditional counterparts
- Stringent regulations on the use of conventional non-biodegradable additives across various regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Biodegradable Additives Market Research Report
By Type
Particles, Powder
By Application
Polypropylene (PP), Polystyrene (PS), Polyethylene (PE), Others
By Companies
Bio-Tec Environmental, ENSO Plastics, BioSphere Plastic, EPI Environmental Technologies, EnerPlastics, Willow Ridge Plastics, Blend Colours, Wells Plastics, HPL Additives Limited, Add-X Biotech, Symphony Environment, Colloids, Everbrighten International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Biodegradable Additives Market Report Segments:
The global Biodegradable Additives market is segmented on the basis of:
Types
Particles, Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polypropylene (PP), Polystyrene (PS), Polyethylene (PE), Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bio-Tec Environmental
- ENSO Plastics
- BioSphere Plastic
- EPI Environmental Technologies
- EnerPlastics
- Willow Ridge Plastics
- Blend Colours
- Wells Plastics
- HPL Additives Limited
- Add-X Biotech
- Symphony Environment
- Colloids
- Everbrighten International
Highlights of The Biodegradable Additives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Particles
- Powder
- By Application:
- Polypropylene (PP)
- Polystyrene (PS)
- Polyethylene (PE)
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biodegradable Additives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Biodegradable additives are substances that can be broken down by bacteria or fungi to release natural gas and water. This process is known as biodegradation.
Some of the key players operating in the biodegradable additives market are Bio-Tec Environmental, ENSO Plastics, BioSphere Plastic, EPI Environmental Technologies, EnerPlastics, Willow Ridge Plastics, Blend Colours, Wells Plastics, HPL Additives Limited, Add-X Biotech, Symphony Environment, Colloids, Everbrighten International.
The biodegradable additives market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biodegradable Additives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Biodegradable Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biodegradable Additives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Biodegradable Additives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Biodegradable Additives Market Size & Forecast, 2020-2028
4.5.1 Biodegradable Additives Market Size and Y-o-Y Growth
4.5.2 Biodegradable Additives Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Particles
5.2.2 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Polypropylene (PP)
6.2.2 Polystyrene (PS)
6.2.3 Polyethylene (PE)
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biodegradable Additives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biodegradable Additives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Particles
9.6.2 Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Polypropylene (PP)
9.10.2 Polystyrene (PS)
9.10.3 Polyethylene (PE)
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Particles
10.6.2 Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Polypropylene (PP)
10.10.2 Polystyrene (PS)
10.10.3 Polyethylene (PE)
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Particles
11.6.2 Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Polypropylene (PP)
11.10.2 Polystyrene (PS)
11.10.3 Polyethylene (PE)
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Particles
12.6.2 Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Polypropylene (PP)
12.10.2 Polystyrene (PS)
12.10.3 Polyethylene (PE)
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Particles
13.6.2 Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Polypropylene (PP)
13.10.2 Polystyrene (PS)
13.10.3 Polyethylene (PE)
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biodegradable Additives Market: Competitive Dashboard
14.2 Global Biodegradable Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bio-Tec Environmental
14.3.2 ENSO Plastics
14.3.3 BioSphere Plastic
14.3.4 EPI Environmental Technologies
14.3.5 EnerPlastics
14.3.6 Willow Ridge Plastics
14.3.7 Blend Colours
14.3.8 Wells Plastics
14.3.9 HPL Additives Limited
14.3.10 Add-X Biotech
14.3.11 Symphony Environment
14.3.12 Colloids
14.3.13 Everbrighten International
