Biodegradable materials are materials that are decomposed naturally through microorganisms. Biodegradable plastics encompass a wide range of materials such that they are bio-based, biodegradable, or both. Biodegradable plastics differs from conventional non-biodegradable plastics in terms of raw materials, production technology, applications, and composting.
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The global synthetic and bio-based biodegradable plastics market is driven by growing demand for eco-friendly materials in mainly packaging industry, cheap feedstock supply and its acceptance by the consumers. Globally, biodegradable plastics find its major use in packaging, agriculture and transportation industries.
Biodegradable plastics market is classified under two markets, synthetic (petroleum derived) biodegradable plastics and renewable (bio-based) biodegradable market. Most of the countries are shifting towards bio-based biodegradable plastics owing to its eco-friendly nature. Although, synthetic biodegradable plastics market is also growing at a steady pace, it still lags behind bio-based alternatives and thus experiencing a slightly decreasing market share.
The global Synthetic and Bio-Based Biodegradable Plastics market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Synthetic and Bio-Based Biodegradable Plastics volume and value at global level, regional level and company level. From a global perspective, this report represents overall Synthetic and Bio-Based Biodegradable Plastics market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
- E.I. DuPont De Nemours
Segment by Regions
- North America
Segment by Type
- Synthetic Biodegradable Plastic
- Bio-Based Biodegradable Plastics
Segment by Application
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