Market Overview:
The global biodegradable materials market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for environment-friendly and sustainable products. In addition, the growing awareness about the benefits of using biodegradable materials is also contributing to the growth of this market. The global biodegradable materials market is segmented on the basis of type, application, and region. On the basis of type, natural macromolecule cellulose accounted for a major share in 2017 and is projected to grow at a CAGR of 11% during 2018-2030 owing to its properties such as high strength, stiffness, low weight and thermal insulation.
Product Definition:
Biodegradable materials are those that can be degraded by living organisms, such as bacteria or fungi. The degradation process breaks down the material into simpler molecules, which can then be reused by the environment. Biodegradable materials are important because they reduce environmental pollution and help to conserve natural resources.
Natural Macromolecule Cellulose:
Natural macromolecule cellulose is a new term that refers to the branch chain amino acids, and it's used in biodegradable materials for its high degree of degradation resistance. Natural macromolecules are expected to be an important component of future sustainable products.
The most common forms include lactic acid, glycolic acid, and collagen among others; these are widely used as skin care ingredients in cosmetics.
Synthetic Materials:
Synthetic materials are man-made and their production began after World War II. Synthetic polymers such as nylon, polyester, and acrylics were used in the production of biodegradable packaging products. However, over the past few years there has been a shift towards bio-based or naturally derived materials for manufacturing biodegradable packaging products due to rising concerns regarding adverse effects associated with usage of synthetic (artificial) materials on environment.
Application Insights:
Packaging emerged as the largest application segment and accounted for over 40% of the revenue share in 2015. Biodegradable packaging materials are widely used in several applications including food, medical, personal care, and other industries. The rising demand for sustainable packaging solutions is expected to drive growth over the forecast period.
The agriculture segment is anticipated to witness significant growth during the forecast period owing to increasing use of biodegradable pesticides and fertilizers coupled with technological advancements that make use of these products more effective than conventional counterparts. Biopharmaceutical companies are also increasingly using biodegradable polymers in drug delivery systems due to their ability to target specific body tissues without affecting other organs or tissues present within a living being (targeted delivery).
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in countries, such as China, India, Indonesia and Vietnam. In addition, rising disposable income coupled with an increase in consumer awareness regarding bio-based products will drive the market growth over the forecast period.
Europe was valued at USD X million in 2017 owing to high demand for biodegradable materials from several major end-use industries including medical & healthcare; packaging; agriculture & fishing; building & construction; automotive etc., which are likely to propel industry growth over the coming years. North America is also projected to witness significant growth on account of rising demand for advanced packaging solutions that are eco-friendly and sustainable by nature thus driving product adoption across various industries including food & beverage sector among others. The U.
Growth Factors:
- Increasing demand for biodegradable materials from the packaging industry as a result of growing environmental awareness among consumers.
- Rising demand for biodegradable materials from the agricultural sector due to the increasing popularity of organic farming.
- Growing use of biodegradable materials in medical applications as a replacement for conventional plastics that are harmful to the environment.
- Increasing investment in research and development activities aimed at developing new and more sustainable biodegradable materials technologies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Biodegradable Materials Market Research Report
By Type
Natural Macromolecule Cellulose, Synthetic Materials, Other
By Application
Packaging, Agriculture, Medical, Chemical Industry, Other
By Companies
BASF, Metabolix, Novamont, NatureWorks, Plantic, Arkema, Biome Bioplastics., Corbion, FKuR, MHG, NatureWorks, Mitsubishi Chemical Corporation, Meredian, Tianan Biologic Material, Bio-On SRL.
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Biodegradable Materials Market Report Segments:
The global Biodegradable Materials market is segmented on the basis of:
Types
Natural Macromolecule Cellulose, Synthetic Materials, Other
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
Packaging, Agriculture, Medical, Chemical Industry, Other
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:
- BASF
- Metabolix
- Novamont
- NatureWorks
- Plantic
- Arkema
- Biome Bioplastics.
- Corbion
- FKuR
- MHG
- NatureWorks
- Mitsubishi Chemical Corporation
- Meredian
- Tianan Biologic Material
- Bio-On SRL.
Highlights of The Biodegradable Materials 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:
- Natural Macromolecule Cellulose
- Synthetic Materials
- Other
- By Application:
- Packaging
- Agriculture
- Medical
- Chemical Industry
- Other
- 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 Materials 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
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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 materials are materials that can be broken down by natural processes, such as bacteria and fungi, into harmless substances.
Some of the major players in the biodegradable materials market are BASF, Metabolix, Novamont, NatureWorks, Plantic, Arkema, Biome Bioplastics., Corbion, FKuR, MHG, NatureWorks, Mitsubishi Chemical Corporation, Meredian, Tianan Biologic Material, Bio-On SRL..
The biodegradable materials market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biodegradable Materials 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 Materials Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Biodegradable Materials 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 Materials 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 Materials Market Size & Forecast, 2020-2028 4.5.1 Biodegradable Materials Market Size and Y-o-Y Growth 4.5.2 Biodegradable Materials 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 Natural Macromolecule Cellulose
5.2.2 Synthetic Materials
5.2.3 Other
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 Packaging
6.2.2 Agriculture
6.2.3 Medical
6.2.4 Chemical Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biodegradable Materials 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 Materials 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 Natural Macromolecule Cellulose
9.6.2 Synthetic Materials
9.6.3 Other
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 Packaging
9.10.2 Agriculture
9.10.3 Medical
9.10.4 Chemical Industry
9.10.5 Other
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 Natural Macromolecule Cellulose
10.6.2 Synthetic Materials
10.6.3 Other
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 Packaging
10.10.2 Agriculture
10.10.3 Medical
10.10.4 Chemical Industry
10.10.5 Other
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 Natural Macromolecule Cellulose
11.6.2 Synthetic Materials
11.6.3 Other
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 Packaging
11.10.2 Agriculture
11.10.3 Medical
11.10.4 Chemical Industry
11.10.5 Other
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 Natural Macromolecule Cellulose
12.6.2 Synthetic Materials
12.6.3 Other
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 Packaging
12.10.2 Agriculture
12.10.3 Medical
12.10.4 Chemical Industry
12.10.5 Other
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 Natural Macromolecule Cellulose
13.6.2 Synthetic Materials
13.6.3 Other
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 Packaging
13.10.2 Agriculture
13.10.3 Medical
13.10.4 Chemical Industry
13.10.5 Other
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 Materials Market: Competitive Dashboard
14.2 Global Biodegradable Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Metabolix
14.3.3 Novamont
14.3.4 NatureWorks
14.3.5 Plantic
14.3.6 Arkema
14.3.7 Biome Bioplastics.
14.3.8 Corbion
14.3.9 FKuR
14.3.10 MHG
14.3.11 NatureWorks
14.3.12 Mitsubishi Chemical Corporation
14.3.13 Meredian
14.3.14 Tianan Biologic Material
14.3.15 Bio-On SRL.