Bio-Based Biodegradable Plastics Market, By Product Type (PLA (Polylactic Acid), PHA (Polyhydroxyalkanoates), Starch blends, Polyesters, Regenerated cellulose, Others), By Application (Packaging, Fibers, Agriculture, Medicine, Others), and By Region (Nort

The bio-based plastic industry witnessed remarkable growth after replacing conventional plastics due to eco-friendly nature, improved functionalities, and suitability for new applications across different industries. This has led to use of bio-based plastics in packaging, automotive, building & construction, and electronics industries.

Market Dynamics

Plastic pollution has become a major environmental concern globally. Around 4 Mn tons of garbage is disposed every day, out of which 15% (0.60 Mn tons) comprises plastics. Plastics are expected to account for 20% of the entire oil pollution in the following 25 years, compared to an estimated 7% in 2016. Plastic production has reached a record high of 311 Mn tons in 2014 and is expected to reach 1,135 Mn tons by 2050. Further aggravating the issue is the fact that only 7% of the plastics are recycled, while the remainder either end ups in oceans or landfills. Approximately 8 Mn tons of plastics are dumped into the ocean every year. These factors have increased consumer awareness and have shifted their inclination towards the usage of bioplastics. Furthermore, these concerns have also paved the way for several manufacturers to enter this market and attract the consumer base for bio-plastics.

Biobased plastic has poor thermal resistance and brittleness property which makes it less durable and restrict its use across various application. This is expected to hamper the market growth of biobased plastic. Moreover, the production of biodegradable plastic has a lengthy procedure and even contain harmful chemicals. Therefore, such a disadvantage associated with the biobased plastic is projected to hinder market growth.

The growing trend of bio packaging among manufacturers is projected to foster market growth over the forecast period. For instance, in July 2019, Nestlé announced that its YES! fruit and nut bars will soon be packaged in recyclable paper wrappers that will decompose within six months, even in the ocean. Therefore, the growing demand for bio packaging is projected to propel the market growth over the forecast period.

Europe dominated the global bio-based biodegradable plastics market in 2018, terms of volume, and the region is projected to maintain its dominance throughout the forecast period. Changing manufacturer’s preference towards bio-based material for packaging and presence of large number of packaging manufacturers in the region is expected to fuel demand for biobased plastic over the forecast period.

Key features of the study:

  • This report provides in-depth analysis of Bio-based Biodegradable Plastics Market and provides market size (KT and US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global Bio-based Biodegradable Plastics Market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include, BASF SE, Mitsubishi Chemical Corporation, Biome Bioplastics., Toray Industries, Total Corbion PLA, Plantic Technologies, Danimer Scientific, Bio-On, Novamont S.P.A. among others.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
  • The global Bio-based Biodegradable Plastics Market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Bio-based Biodegradable Plastics Market
Detailed Segmentation:
  • Global Bio-based Biodegradable Plastics Market, By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • Global Bio-based Biodegradable Plastics Market, By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Global Bio-based Biodegradable Plastics Market, By Geography:
  • North America
  • U.S.
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Canada
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Europe
  • U.K.
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Germany
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Italy
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • France
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Russia
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Rest of Europe
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Asia Pacific
  • China
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • India
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Japan
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • ASEAN
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Australia
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • South Korea
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Rest of Asia Pacific
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Latin America
  • Brazil
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Mexico
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Argentina
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Rest of Latin America
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Middle East
  • GCC
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Rest of Middle East
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Africa
  • North Africa
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Central Africa
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • South Africa
  • By Product Type:
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch blends
  • Polyesters
  • Regenerated cellulose
  • Others
  • By Application:
  • Packaging
  • Fibers
  • Agriculture
  • Medicine
  • Others
  • Company Profiles
  • BASF SE*
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments
  • Future Plans
  • Mitsubishi Chemical Corporation
  • Biome Bioplastics.
  • Toray Industries
  • Total Corbion PLA
  • Plantic Technologies
  • Danimer Scientific
  • Bio-On
  • Novamont S.P.A.
“*” marked represents similar segmentation in other categories in the respective section.


1. Research Objective and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
New Product Approvals/Launch
Promotion and Marketing Initiatives
Cost Tier Down Analysis
4. Global Bio-based Biodegradable Plastics Market, By Product Type, 2017 - 2027 (KT and US$ Million)
Introduction
Market Share Analysis, 2017 and 2027 (%)
Y-o-Y Growth Analysis, 2019 - 2027
Segment Trends
Polyesters
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
PLA (Polylactic Acid)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
PHA (Polyhydroxyalkanoates)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
Starch blends
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
Regenerated Cellulose
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
5. Global Bio-based Biodegradable Plastics Market, By Application, 2017 - 2027 (KT and US$ Million)
Introduction
Market Share Analysis, 2017 and 2027 (%)
Y-o-Y Growth Analysis, 2019 - 2027
Segment Trends
Packaging
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
Fibers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
Agriculture
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
Medicine
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (KT and US$ Million)
6. Global Bio-based Biodegradable Plastics Market, By Region, 2017- 2027 (KT and US$ Million)
Introduction
Market Share Analysis, By Region, 2017 and 2027 (%)
Y-o-Y Growth Analysis, By Regions, 2019 - 2027
North America
Market Share Analysis, By Country, 2017 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
U.S.
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Canada
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Europe
Market Share Analysis, By Country, 2017 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
U.K.
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Germany
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Italy
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
France
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Russia
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Rest of Europe
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Asia Pacific
Market Share Analysis, By Country, 2017 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
China
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
India
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Japan
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
ASEAN
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Australia
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
South Korea
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Rest of Asia Pacific
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Latin America
Market Share Analysis, By Country, 2017 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
Brazil
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Mexico
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Argentina
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Rest of Latin America
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Middle East
Market Share Analysis, By Country, 2017 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
GCC
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Rest of Middle East
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Africa
Market Share Analysis, By Country, 2017 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
North Africa
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
Central Africa
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
South Africa
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (KT and US$ Million)
Market Size and Forecast, By Application, 2017- 2027 (KT and US$ Million)
7. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
BASF SE
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Mitsubishi Chemical Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Biome Bioplastics
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Toray Industries
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Total Corbion PLA
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Plantic Technologies
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Danimer Scientific
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Bio-On
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Novamont S.P.A.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
8. Section
References
Research Methodology
About us and Sales Contact
* Brows 50 market data tables* and 38 figures* on "Bio-based Biodegradable Plastics Market” - Global forecast to 2027

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