Biodegradable Plastics Global Market Opportunities And Strategies To 2031

The global biodegradable plastics market reached a value of nearly $4397.1 million in 2021, having increased at a compound annual growth rate (CAGR) of 7.4% since 2016. The market increased from $4,397.1 million in 2021 to $9,134.5 million in 2026 at a rate of 15.7%. The market is expected to grow to $18,771.4 million in 2031 at a compound annual growth rate (CAGR) of 15.5%.

Growth factors in the historic period include growing concerns for the environment, increasing use of biodegradable plastic and emerging markets growth. Factors that negatively affected growth in the historic period were challenges due to high cost, alternative products and pollution caused by bioplastics.

Going forward, new product launches, a rise in environmental awareness and government initiatives will drive the market for Biodegradable plastics. Factors that could hinder the growth of the biodegradable plastics market in the future include extra land required to produce bioplastics, a shift towards packaging free products, inability to replicate traditional plastics and reduction in free trade.

The biodegradable plastics market is segmented by type into polylactic acid (PLA), polybutylene adipate terephthalate (PBAT), polybutylene succinate (PBS), polyhydroxyalkanoates (PHA), starch blends and other types. The polybutylene adipate terephthalate (PBAT) market was the largest segment of the biodegradable plastics market segmented by type, accounting for 25.3% of the total in 2021 and going forward the polybutylene adipate terephthalate (PBAT) market is expected to be the fastest growing segment in the Biodegradable plastics market, at a CAGR of 16.9.

The biodegradable plastics market is segmented by end-user into packaging, agriculture, consumer goods and others. The packaging market was the largest segment of the biodegradable plastics market segmented by type, accounting for 52.2% of the total in 2021 and going forward the agriculture market is expected to be the fastest growing segment in the Biodegradable plastics market, at a CAGR of 17.3%.

North America was the largest region in the global biodegradable plastics market, accounting for 31.4% of the total in 2021. It was followed by Western Europe, Asia-Pacific and then the other regions. Going forward, the fastest-growing regions in the Biodegradable plastics market will be Asia-Pacific, and North America, where growth will be at CAGRs of 19.1% and 16.5% respectively. These will be followed by Western Europe and South America, where the markets are expected to grow at CAGRs of 15.0% and 12.6% respectively.

The biodegradable plastics market is highly fragmented, with a large number of large players dominating the market. Major players in the market include BASF SE, Mitsubishi Chemical Holding Corporation, Kaneka Corporation, Novamont SpA, Corbion N.V. (Total Cobion PLA), Eastman Chemical Company, Danimer Scientific, NatureWorks LLC, Biome Technologies Plc, Fkur Kunstsoff and others.

The top opportunities in the biodegradable plastics market segmented by type will arise in the polybutylene adipate terephthalate (PBAT) market segment, which will gain $1,315.7 million of global annual sales by 2026.

The top opportunities in the biodegradable plastics market segmented by end-user will arise in the packaging market segment, which will gain $2,449.2 million of global annual sales by 2026.

Market-trend-based strategies for biodegradable plastics market include product innovation, integrating antimicrobial technology in biodegradable polymers, use of biodegradable plastics lightweighting, increasing mergers and acquisitions, use of artificial intelligence and upcycled packaging materials.

Player based strategies include focus on investing in new product launches, geographical expansions and strategic collaborations and partnerships to strengthen their product offerings.

To take advantage of the opportunities, the publisher recommends the biodegradable plastics companies to focus on launching innovative products, integrate antimicrobial technology in biodegradable polymers, increase focus on upcycled packaging materials, expand in emerging markets, focus on strategic partnerships and collaborations, offer competitive pricing, continue to use B2B promotions, continue to participate in events and conferences and focus on fast-growing end-users.

This report describes and evaluates the global biodegradable plastics market. It covers 2016-2021, termed the historic period, 2021-2026 forecast period, and 2026-2031 forecast period.

1. Biodegradable Plastics Market Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Market Segmentation By Type
6.3.1. Polylactic Acid (PLA)
6.3.2. Polybutylene Adipate Terephthalate (PBAT)
6.3.3. Polybutylene Succinate (PBS)
6.3.4. PHA (Polyhydroxyalkanoates)
6.3.5. Starch Blends
6.3.6. Other Types
6.4. Market Segmentation By End-User

7. Major Trends
7.1. Product innovations
7.2. Integrating Antimicrobial Technology In Biodegradable Polymers
7.3. Use of Biodegradable Plastics Lightweighting
7.4. Increasing Mergers And Acquisitions
7.5. Use Of Artificial Intelligence
7.6. Upcycled Packaging Materials

8. Global Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, 2016 - 2021, Value ($ Million)
8.2.1. Drivers Of The Market 2016 - 2021
8.2.2. Restraints On The Market 2016 - 2021
8.3. Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
8.3.1. Drivers Of The Market 2021 - 2026
8.3.2. Restraints On The Market 2021 - 2026

9. Global Biodegradable Plastics Market Segmentation
9.1. Global Biodegradable Plastics Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
9.2. Global Biodegradable Plastics Market, Segmentation By End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

10. Biodegradable Plastics Market, Regional And Country Analysis
10.1. Global Biodegradable Plastics Market, By Region, Historic and Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
10.2. Global Biodegradable Plastics Market, By Country, Historic and Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

11. Asia-Pacific Market
11.1.1. Summary
11.2. Asia Pacific Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes Levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.4. Asia-Pacific Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.5. Asia-Pacific Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.6. Asia-Pacific Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.7. Asia-Pacific Biodegradable Plastics Market: Country Analysis
11.8. China Market
11.8.1. Summary
11.9. Market Overview
11.9.1. Country Information
11.9.2. Market Information
11.9.3. Background Information
11.9.4. Government Initiatives
11.9.5. Regulations
11.9.6. Regulatory Bodies
11.9.7. Major Associations
11.9.8. Taxes Levied
11.9.9. Corporate Tax Structure
11.9.10. Investments
11.9.11. Major Companies
11.10. China Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.11. China Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.12. China Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.13. China Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.14. India Biodegradable Plastics Market
11.15. India Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.16. India Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.17. India Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.18. India Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.19. Japan Biodegradable Plastics Market
11.20. Japan Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.21. Japan Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.22. Japan Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.23. Japan Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.24. Australia Biodegradable Plastics Market
11.25. Australia Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.26. Australia Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.27. Australia Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.28. Australia Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.29. Indonesia Biodegradable Plastics Market
11.30. Indonesia Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.31. Indonesia Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.32. Indonesia Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.33. Indonesia Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.34. South Korea Biodegradable Plastics Market
11.35. South Korea Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.36. South Korea Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.37. South Korea Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.38. South Korea Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

12. Western Europe Market
12.1.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory Bodies
12.2.7. Major Associations
12.2.8. Taxes Levied
12.2.9. Corporate Tax Structure
12.2.10. Investments
12.2.11. Major Companies
12.3. Western Europe Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.4. Western Europe Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.5. Western Europe Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.6. Western Europe Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.7. Western Europe Biodegradable Plastics Market: Country Analysis
12.8. UK Biodegradable Plastics Market
12.9. UK Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.10. UK Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.11. UK Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.12. UK Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.13. Germany Biodegradable Plastics Market
12.14. Germany Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.15. Germany Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.16. Germany Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.17. Germany Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.18. France Biodegradable Plastics Market
12.19. France Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.20. France Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.21. France Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.22. France Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

13. Eastern Europe Market
13.1.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory Bodies
13.2.7. Major Associations
13.2.8. Taxes Levied
13.2.9. Corporate Tax Structure
13.2.10. Investments
13.2.11. Major Companies
13.3. Eastern Europe Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
13.4. Eastern Europe Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
13.5. Eastern Europe Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
13.6. Eastern Europe Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
13.7. Eastern Europe Biodegradable Plastics Market: Country Analysis
13.8. Russia Biodegradable Plastics Market
13.9. Russia Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
13.10. Russia Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
13.11. Russia Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
13.12. Russia Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

14. North America Market
14.1.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory Bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
14.4. North America Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
14.5. North America Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
14.6. North America Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
14.7. North America Biodegradable Plastics Market: Country Analysis
14.8. USA Market
14.8.1. Summary
14.9. Market Overview
14.9.1. Country Information
14.9.2. Market Information
14.9.3. Background Information
14.9.4. Government Initiatives
14.9.5. Regulations
14.9.6. Regulatory Bodies
14.9.7. Major Associations
14.9.8. Taxes Levied
14.9.9. Corporate Tax Structure
14.9.10. Investments
14.9.11. Major Companies
14.10. USA Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
14.11. USA Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
14.12. USA Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
14.13. USA Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

15. South America Market
15.1.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investment
15.2.11. Major Companies
15.3. South America Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
15.4. South America Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
15.5. South America Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
15.6. South America Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
15.7. South America Biodegradable Plastics Market: Country Analysis
15.8. Brazil Biodegradable Plastics Market
15.9. Brazil Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
15.10. Brazil Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
15.11. Brazil Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
15.12. Brazil Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

16. Middle East Market
16.1.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
16.4. Middle East Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
16.5. Middle East Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
16.6. Middle East Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

17. Africa Market
17.1.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Biodegradable Plastics Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
17.4. Africa Biodegradable Plastics Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
17.5. Africa Biodegradable Plastics Market, Segmentation by Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
17.6. Africa Biodegradable Plastics Market, Segmentation by End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)

18. Competitive Landscape And Company Profiles

19. Company Profiles
19.1. BASF SE
19.1.1. Company Overview
19.1.2. Products And Services
19.1.3. Business Strategy
19.1.4. Financial Overview
19.2. Mitsubishi Chemical Holding Corporation
19.2.1. Company Overview
19.2.2. Products And Services
19.2.3. Business Strategy
19.2.4. Financial Overview
19.3. Kaneka Corporation
19.3.1. Company Overview
19.3.2. Products And Services
19.3.3. Business Strategy
19.3.4. Financial Overview
19.4. Novamont SpA
19.4.1. Company Overview
19.4.2. Products And Services.
19.4.3. Business Strategy
19.4.4. Financial Overview
19.5. Corbion N. V. (Total Corbion PLA)
19.5.1. Company Overview
19.5.2. Products And Services
19.5.3. Business Strategy
19.5.4. Financial Overview

20. Key Mergers And Acquisitions
20.1. ProAmpac Acquired Ultimate Packaging
20.2. Huhtamaki Acquired Jiangsu Hihio-Art Packaging Co. Ltd.’s Assets
20.3. Novamont Acquired BioBag
20.4. Tetra Pak Acquired eBeam
20.5. SIG Acquired Visy Cartons Pvt Ltd
20.6. Berry Global Group, Inc. Completes Acquisition of RPC Group Plc
20.7. Amcor Acquired Bemis Company Inc.
20.8. Sealed Air Acquired Automated Packaging Systems LLC
20.9. Smurfit Kappa Acquired Reparenco

21. Global Biodegradable Plastics Market Opportunities And Strategies
21.1. Global Biodegradable Plastics Market In 2026 - Countries Offering Most New Opportunities
21.2. Global Biodegradable Plastics Market In 2026 - Segments Offering Most New Opportunities
21.3. Global Big Data And Analytics Market In 2026 - Growth Strategies
21.3.1. Market Trend Based Strategies
21.3.2. Competitor Strategies

22. Biodegradable Plastics Market, Conclusions And Recommendations
22.1. Conclusions
22.2. Recommendations
22.2.1. Product
22.2.2. Place
22.2.3. Price
22.2.4. Promotion
22.2.5. People

23. Appendix
23.1. Market Data Sources
23.2. Research Methodology
23.3. Currencies
23.4. Research Inquiries
23.5. About the Publisher
23.6. Copyright and Disclaimer

Executive Summary

Biodegradable Plastics Global Market Opportunities And Strategies To 2031 from the publisher provides the strategists; marketers and senior management with the critical information they need to assess the global biodegradable plastics market as it emerges from the COVID-19 shut down.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies
Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
Create regional and country strategies on the basis of local data and analysis
Identify growth segments for investment
Outperform competitors using forecast data and the drivers and trends shaping the market
Understand customers based on the latest market research findings
Benchmark performance against key competitors
Utilize the relationships between key data sets for superior strategizing
Suitable for supporting your internal and external presentations with reliable high-quality data and analysis

Where is the largest and fastest-growing market for biodegradable plastics? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The biodegradable plastics market global report from the publisher answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider biodegradable plastics market; and compares it with other markets.

The report covers the following chapters:

Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the biodegradable plastics market
Key Trends - Highlights the major trends shaping the global biodegradable plastics market. This section also highlights likely future developments in the market
Global Market Size and Growth- Global historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods
Regional Analysis - Historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values and growth and market share comparison by region
Market Segmentation- Contains the market values (2016-2031) and analysis for segmentation by type, and by end user
Regional Market Size and Growth - Regional market size (2021), historic (2016-2021) and forecast (2021-2026) and (2026-2031) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region
Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players
Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years
Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets
Conclusions And Recommendations - Includes recommendations for biodegradable plastics providers in terms of product/service offerings, geographic expansion, marketing strategies and target groups
Appendix - This section includes details on the NAICS codes covered, abbreviations and currency codes used in this report

Scope

Markets Covered

1) By Type: Polylactic Acid (PLA); Polybutylene Adipate Terephthalate (PBAT); Polybutylene Succinate (PBS); PHA (Polyhydroxyalkanoates); Starch Blends; Other Types
2) By End User: Packaging; Agriculture; Consumer Goods; Others

Companies Mentioned: BASF SE; Mitsubishi Chemical Holding Corporation; Kaneka Corporation; Novamont SpA; Corbion N.V. (Total Corbion PLA)

Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time-series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; biodegradable plastics indicators comparison.

Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

BASF SE
Mitsubishi Chemical Holding Corporation
Kaneka Corporation
Novamont SpA
Corbion N.V. (Total Corbion PLA)

Methodology

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Table Information

Report Attribute	Details
No. of Pages	276
Published	November 2022
Forecast Period	2021 - 2031
Estimated Market Value ( USD ) in 2021	$ 4397.1 Million
Forecasted Market Value ( USD ) by 2031	$ 18771.4 Million
Compound Annual Growth Rate	15.6%
Regions Covered	Global
No. of Companies Mentioned	5

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Table of Contents

Executive Summary

Reasons to Purchase

The report covers the following chapters:

Scope

Markets Covered

Companies Mentioned

Methodology

Table Information

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