
Global Petroleum-based Degradable Plastic Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Petroleum-based Degradable Plastic market size was valued at US$ 1382 million in 2024 and is forecast to a readjusted size of USD 2327 million by 2031 with a CAGR of 7.8% during review period.
Biodegradable polymers are defined as materials whose chemical and physical characteristics undergo deterioration and completely degrade when exposed to microorganisms, aerobic, and anaerobic processes
The petroleum-based degradable plastic market is growing due to the demand for more environmentally-friendly plastic alternatives. These plastics are derived from petroleum sources but are designed to break down more rapidly than traditional plastics, reducing their long-term impact on the environment. The market"s expansion is driven by the increasing awareness of plastic pollution and the need for sustainable solutions. Petroleum-based degradable plastics offer a balance between functionality and reduced environmental harm. As industries and consumers seek more responsible material choices, the petroleum-based degradable plastic market is anticipated to continue growing, offering a transitional option towards more sustainable plastic usage.
This report is a detailed and comprehensive analysis for global Petroleum-based Degradable Plastic market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Petroleum-based Degradable Plastic market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Petroleum-based Degradable Plastic market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Petroleum-based Degradable Plastic market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Petroleum-based Degradable Plastic market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Petroleum-based Degradable Plastic
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Petroleum-based Degradable Plastic market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Novamont, Mitsubishi Chemical, Kingfa, Yifan Xinfu Pharmaceutical, Anqing Hexing, SJBRT Chemical, Hengli, Jinhuizhaolong, Sinopec, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Petroleum-based Degradable Plastic market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
PBS
PBAT
PHA
Other
Market segment by Application
Disposable Packaging
Disposable Tableware
Agricultural Film
Other
Major players covered
BASF
Novamont
Mitsubishi Chemical
Kingfa
Yifan Xinfu Pharmaceutical
Anqing Hexing
SJBRT Chemical
Hengli
Jinhuizhaolong
Sinopec
Mogao
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Petroleum-based Degradable Plastic product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Petroleum-based Degradable Plastic, with price, sales quantity, revenue, and global market share of Petroleum-based Degradable Plastic from 2020 to 2025.
Chapter 3, the Petroleum-based Degradable Plastic competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Petroleum-based Degradable Plastic breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Petroleum-based Degradable Plastic market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Petroleum-based Degradable Plastic.
Chapter 14 and 15, to describe Petroleum-based Degradable Plastic sales channel, distributors, customers, research findings and conclusion.
Biodegradable polymers are defined as materials whose chemical and physical characteristics undergo deterioration and completely degrade when exposed to microorganisms, aerobic, and anaerobic processes
The petroleum-based degradable plastic market is growing due to the demand for more environmentally-friendly plastic alternatives. These plastics are derived from petroleum sources but are designed to break down more rapidly than traditional plastics, reducing their long-term impact on the environment. The market"s expansion is driven by the increasing awareness of plastic pollution and the need for sustainable solutions. Petroleum-based degradable plastics offer a balance between functionality and reduced environmental harm. As industries and consumers seek more responsible material choices, the petroleum-based degradable plastic market is anticipated to continue growing, offering a transitional option towards more sustainable plastic usage.
This report is a detailed and comprehensive analysis for global Petroleum-based Degradable Plastic market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Petroleum-based Degradable Plastic market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Petroleum-based Degradable Plastic market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Petroleum-based Degradable Plastic market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Petroleum-based Degradable Plastic market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Petroleum-based Degradable Plastic
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Petroleum-based Degradable Plastic market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Novamont, Mitsubishi Chemical, Kingfa, Yifan Xinfu Pharmaceutical, Anqing Hexing, SJBRT Chemical, Hengli, Jinhuizhaolong, Sinopec, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Petroleum-based Degradable Plastic market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
PBS
PBAT
PHA
Other
Market segment by Application
Disposable Packaging
Disposable Tableware
Agricultural Film
Other
Major players covered
BASF
Novamont
Mitsubishi Chemical
Kingfa
Yifan Xinfu Pharmaceutical
Anqing Hexing
SJBRT Chemical
Hengli
Jinhuizhaolong
Sinopec
Mogao
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Petroleum-based Degradable Plastic product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Petroleum-based Degradable Plastic, with price, sales quantity, revenue, and global market share of Petroleum-based Degradable Plastic from 2020 to 2025.
Chapter 3, the Petroleum-based Degradable Plastic competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Petroleum-based Degradable Plastic breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Petroleum-based Degradable Plastic market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Petroleum-based Degradable Plastic.
Chapter 14 and 15, to describe Petroleum-based Degradable Plastic sales channel, distributors, customers, research findings and conclusion.
Table of Contents
111 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Petroleum-based Degradable Plastic by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
Pricing
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