The global synthetic and bi-based biodegradable plastics market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for sustainable packaging materials, which are recyclable and compostable in nature. The growing awareness about environmental issues has led to an increase in the demand for sustainable packaging materials that can be recycled or composted after use. This has led to an increase in the production of biodegradable plastics, which are made from renewable resources such as corn starch or sugarcane and can be decomposed naturally without any harm to the environment.
Some Of The Growth Factors Of This Market:
- The global population is expected to reach 9 billion by 2050, which will increase the demand for food and other products.
- The increasing demand for biodegradable plastics in the packaging industry is a major factor driving the growth of this market.
- The increasing awareness about environmental issues and sustainability among consumers is also a major factor driving the growth of this market.
- Increasing investments in research and development activities related to biodegradable plastics are also a major factor driving the growth of this market.
- Increasing focus on sustainable packaging solutions by governments across various regions.
Industry Growth Insights published a new data on “Synthetic and Bio-Based Biodegradable Plastics Market”. The research report is titled “Synthetic and Bio-Based Biodegradable Plastics Market research by Types (Synthetic Biodegradable Plastic, Bio-Based Biodegradable Plastics), By Applications (Packaging, Transportation, Agriculture, Electronics, Textiles, Others), By Players/Companies Arkema, BASF, Braskem, E.I. DuPont De Nemours”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic and Bio-Based Biodegradable Plastics Market Research Report
By Type
Synthetic Biodegradable Plastic, Bio-Based Biodegradable Plastics
By Application
Packaging, Transportation, Agriculture, Electronics, Textiles, Others
By Companies
Arkema, BASF, Braskem, E.I. DuPont De Nemours
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic and Bio-Based Biodegradable Plastics Market Report Segments:
The global Synthetic and Bio-Based Biodegradable Plastics market is segmented on the basis of:
Types
Synthetic Biodegradable Plastic, Bio-Based Biodegradable Plastics
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, Transportation, Agriculture, Electronics, Textiles, 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:
- Arkema
- BASF
- Braskem
- E.I. DuPont De Nemours
Highlights of The Synthetic and Bio-Based Biodegradable Plastics 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:
- Synthetic Biodegradable Plastic
- Bio-Based Biodegradable Plastics
- By Application:
- Packaging
- Transportation
- Agriculture
- Electronics
- Textiles
- 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 Synthetic and Bio-Based Biodegradable Plastics 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?
Synthetic biodegradable plastics are made from a variety of materials, including oil, gas, and coal. Bio-based biodegradable plastics are made from plant or animal sources.
Some of the major players in the synthetic and bio-based biodegradable plastics market are Arkema, BASF, Braskem, E.I. DuPont De Nemours.
The synthetic and bio-based biodegradable plastics market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Synthetic and Bio-Based Biodegradable Plastics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Synthetic and Bio-Based Biodegradable Plastics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Synthetic and Bio-Based Biodegradable Plastics Market - Supply Chain
4.5. Global Synthetic and Bio-Based Biodegradable Plastics Market Forecast
4.5.1. Synthetic and Bio-Based Biodegradable Plastics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Synthetic and Bio-Based Biodegradable Plastics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Synthetic and Bio-Based Biodegradable Plastics Market Absolute $ Opportunity
5. Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Type
5.3.1. Synthetic Biodegradable Plastic
5.3.2. Bio-Based Biodegradable Plastics
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Application
6.3.1. Packaging
6.3.2. Transportation
6.3.3. Agriculture
6.3.4. Electronics
6.3.5. Textiles
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Synthetic and Bio-Based Biodegradable Plastics Demand Share Forecast, 2019-2026
9. North America Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Application
9.4.1. Packaging
9.4.2. Transportation
9.4.3. Agriculture
9.4.4. Electronics
9.4.5. Textiles
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Type
9.7.1. Synthetic Biodegradable Plastic
9.7.2. Bio-Based Biodegradable Plastics
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Synthetic and Bio-Based Biodegradable Plastics Demand Share Forecast, 2019-2026
10. Latin America Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Application
10.4.1. Packaging
10.4.2. Transportation
10.4.3. Agriculture
10.4.4. Electronics
10.4.5. Textiles
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Type
10.7.1. Synthetic Biodegradable Plastic
10.7.2. Bio-Based Biodegradable Plastics
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Synthetic and Bio-Based Biodegradable Plastics Demand Share Forecast, 2019-2026
11. Europe Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Application
11.4.1. Packaging
11.4.2. Transportation
11.4.3. Agriculture
11.4.4. Electronics
11.4.5. Textiles
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Pojections by Application
11.7. Europe Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Type
11.7.1. Synthetic Biodegradable Plastic
11.7.2. Bio-Based Biodegradable Plastics
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Synthetic and Bio-Based Biodegradable Plastics Demand Share, 2019-2026
12. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Application
12.4.1. Packaging
12.4.2. Transportation
12.4.3. Agriculture
12.4.4. Electronics
12.4.5. Textiles
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Type
12.7.1. Synthetic Biodegradable Plastic
12.7.2. Bio-Based Biodegradable Plastics
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Demand Share, 2019-2026
13. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Application
13.4.1. Packaging
13.4.2. Transportation
13.4.3. Agriculture
13.4.4. Electronics
13.4.5. Textiles
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Size and Volume Forecast by Type
13.7.1. Synthetic Biodegradable Plastic
13.7.2. Bio-Based Biodegradable Plastics
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Synthetic and Bio-Based Biodegradable Plastics Market: Market Share Analysis
14.2. Synthetic and Bio-Based Biodegradable Plastics Distributors and Customers
14.3. Synthetic and Bio-Based Biodegradable Plastics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arkema
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Braskem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. E.I. DuPont De Nemours
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook