Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Environmentally Degradable Material Market by Type (Photodegradable Material, Biodegradable Material), By Application (Medical, Auto Industry, Electronics Industry, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Environmentally Degradable Material Market by Type (Photodegradable Material, Biodegradable Material), By Application (Medical, Auto Industry, Electronics Industry, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 241399 4200 Chemical & Material 377 191 Pages 4.5 (34)
                                          

Market Overview:


The global environmentally degradable material market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about environmental degradation and its effects on human health, rising demand for eco-friendly products, and stringent regulations on waste management. The photodegradable material segment is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing demand for biodegradable materials from medical and automotive industries. The biodegradable material segment is projected to account for the largest share of the global environmentally degradable material market in 2018.


Global Environmentally Degradable Material Industry Outlook


Product Definition:


Environmental degradation is the process by which natural environment resources are depleted or polluted. It is an important concept in environmental studies and ecology.


An environmentally degradable material (EDM) is a material that can be broken down into simple, harmless components by living things over time, in the presence of water and oxygen. EDMs include plant-based materials such as paper, cardboard, food scraps, agricultural waste; and animal-based materials such as leather, woolen clothing, and feathers.


Photodegradable Material:


Photodegradable materials are those which when exposed to sunlight or any other source of ultraviolet light, break down into non-toxic products.


Biodegradable Material:


Biodegradable materials are those which can be broken down by biological processes, such as enzymes or bacteria, to form carbon dioxide and water. Some of the common biodegradable materials include starch-based polymers (bio-polymers), cellulose acetate (bio-plastic), vegetable oils and fatty acids. Biodegradable plastics are widely used in packaging applications owing to their degradability by natural means.


Application Insights:


The global demand for environmentally degradable material was dominated by the automotive industry at 37.3% in terms of revenue in 2017. The rising need to reduce vehicle weight has led to an increase in demand for EDM, which is anticipated to boost the market growth over the forecast period.


The medical application segment is projected to witness a CAGR of XX% from 2018 to 2030 owing to increasing use of plastics and polymers as they are biodegradable materials with high chemical stability and low bioaccumulation properties respectively. Moreover, growing awareness about chronic diseases such as obesity and cardiovascular diseases due ¢â‚¬Å“lackluster progress¢â‚¬ made towards sustainable development will drive product demand over the forecast period globally.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has led to an increase in construction activities. This, in turn, is likely to drive product demand from 2018 to 2030.


The growing automotive industry across Asia Pacific countries such as China and India are anticipated to be major driving factors for the regional market growth. The increasing use of plastics with high impact strength at a low cost is attracting manufacturers toward using plastics as a raw material; this trend is projected to positively influence the overall market growth over the next eight years.


Growth Factors:


  • Increasing awareness about the benefits of using environmentally degradable materials: There is a growing awareness among consumers about the benefits of using environmentally degradable materials. This is driving demand for such products, thereby providing growth opportunities for players in the market.
  • Rising environmental concerns: The increasing focus on sustainability and reducing environmental impact is driving demand for environmentally degradable materials. This provides growth opportunities for players in the market.
  • Growing preference for biodegradable products: There is a growing preference among consumers for biodegradable products over conventional ones made from non-biodegradable materials. This is providing growth opportunities to players in the market.

Scope Of The Report

Report Attributes

Report Details

Report Title

Environmentally Degradable Material Market Research Report

By Type

Photodegradable Material, Biodegradable Material

By Application

Medical, Auto Industry, Electronics Industry, Other

By Companies

BASF, Mitsubishi Chemical, Corbion, Eastman, Futerro, Toyobo, Biome Technologies, Plantic Technologies

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

191

Number of Tables & Figures

134

Customization Available

Yes, the report can be customized as per your need.


Global Environmentally Degradable Material Market Report Segments:

The global Environmentally Degradable Material market is segmented on the basis of:

Types

Photodegradable Material, Biodegradable Material

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

Medical, Auto Industry, Electronics 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:

  1. BASF
  2. Mitsubishi Chemical
  3. Corbion
  4. Eastman
  5. Futerro
  6. Toyobo
  7. Biome Technologies
  8. Plantic Technologies

Global Environmentally Degradable Material Market Overview


Highlights of The Environmentally Degradable Material Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Photodegradable Material
    2. Biodegradable Material
  1. By Application:

    1. Medical
    2. Auto Industry
    3. Electronics Industry
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Environmentally Degradable Material 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:

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Global Environmentally Degradable Material Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Environmentally degradable material is a type of waste that can be broken down by natural processes into harmless substances. This means that the material can be disposed of without causing environmental harm.

Some of the major companies in the environmentally degradable material market are BASF, Mitsubishi Chemical, Corbion, Eastman, Futerro, Toyobo, Biome Technologies, Plantic Technologies.

The environmentally degradable material 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 Environmentally Degradable Material 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 Environmentally Degradable Material Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Environmentally Degradable Material 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 Environmentally Degradable Material 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 Environmentally Degradable Material Market Size & Forecast, 2018-2028       4.5.1 Environmentally Degradable Material Market Size and Y-o-Y Growth       4.5.2 Environmentally Degradable Material Market Absolute $ Opportunity

Chapter 5 Global Environmentally Degradable Material 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 Environmentally Degradable Material Market Size Forecast by Type
      5.2.1 Photodegradable Material
      5.2.2 Biodegradable Material
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Environmentally Degradable Material 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 Environmentally Degradable Material Market Size Forecast by Applications
      6.2.1 Medical
      6.2.2 Auto Industry
      6.2.3 Electronics Industry
      6.2.4 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Environmentally Degradable Material 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 Environmentally Degradable Material 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 Environmentally Degradable Material Analysis and Forecast
   9.1 Introduction
   9.2 North America Environmentally Degradable Material 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 Environmentally Degradable Material Market Size Forecast by Type
      9.6.1 Photodegradable Material
      9.6.2 Biodegradable Material
   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 Environmentally Degradable Material Market Size Forecast by Applications
      9.10.1 Medical
      9.10.2 Auto Industry
      9.10.3 Electronics Industry
      9.10.4 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 Environmentally Degradable Material Analysis and Forecast
   10.1 Introduction
   10.2 Europe Environmentally Degradable Material 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 Environmentally Degradable Material Market Size Forecast by Type
      10.6.1 Photodegradable Material
      10.6.2 Biodegradable Material
   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 Environmentally Degradable Material Market Size Forecast by Applications
      10.10.1 Medical
      10.10.2 Auto Industry
      10.10.3 Electronics Industry
      10.10.4 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 Environmentally Degradable Material Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Environmentally Degradable Material 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 Environmentally Degradable Material Market Size Forecast by Type
      11.6.1 Photodegradable Material
      11.6.2 Biodegradable Material
   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 Environmentally Degradable Material Market Size Forecast by Applications
      11.10.1 Medical
      11.10.2 Auto Industry
      11.10.3 Electronics Industry
      11.10.4 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 Environmentally Degradable Material Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Environmentally Degradable Material 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 Environmentally Degradable Material Market Size Forecast by Type
      12.6.1 Photodegradable Material
      12.6.2 Biodegradable Material
   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 Environmentally Degradable Material Market Size Forecast by Applications
      12.10.1 Medical
      12.10.2 Auto Industry
      12.10.3 Electronics Industry
      12.10.4 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) Environmentally Degradable Material Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Environmentally Degradable Material 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) Environmentally Degradable Material Market Size Forecast by Type
      13.6.1 Photodegradable Material
      13.6.2 Biodegradable Material
   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) Environmentally Degradable Material Market Size Forecast by Applications
      13.10.1 Medical
      13.10.2 Auto Industry
      13.10.3 Electronics Industry
      13.10.4 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 Environmentally Degradable Material Market: Competitive Dashboard
   14.2 Global Environmentally Degradable Material Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 BASF
      14.3.2 Mitsubishi Chemical
      14.3.3 Corbion
      14.3.4 Eastman
      14.3.5 Futerro
      14.3.6 Toyobo
      14.3.7 Biome Technologies
      14.3.8 Plantic Technologies

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