Biodegradable Plastics Market Outlook - Global Trends, Forecast, and Opportunity Assessment (2014-2022)

Biodegradable Plastics Market Outlook - Global Trends, Forecast, and Opportunity Assessment (2014-2022)

  • Published: November 2015
  • ID: SMRC15276

The Global Biodegradable Plastics market is valued at $1.8 billion in 2014 and is expected to reach $4.2 billion by 2022 growing at a CAGR of 11.2% during the forecast period. The market is growing at a rapid pace with continuous R&D activities undertaken by the market players, while the high costs acts as a major restraining factor for the market growth. Experts believe that the supportive government policies and favorable R&D efforts may reduce the cost in the near future.

Polylactic Acid (PLA) is expected to be the largest segment, in terms of volume, with a market share around 50% of the global market. PLA is also expected to be the second fastest growing segment driven by its advanced mechanical properties and ease of processability. However, in terms of value, starch blends are projected to account for the largest share in the market due to the comparative high cost of starch blends to PLA. The packaging application segment is anticipated to be the largest segment, both in terms of market revenue and volume, with a market share of around 58% of the total market. The injection molding application is expected to register the highest CAGR during the forecast period. Biodegradable plastics are used to manufacture single use packaging materials such as shopping bags and disposable cutlery.

Europe is estimated to be the largest consumer of biodegradable plastics holding more than 35% of the global market share. The high growth in this region is due to strict implementation of environmental regulations which prohibits the use of petroleum based plastics. Rising environmental awareness among the general population is the major driver for the market growth in Europe. The growth is also augmented by the stringent policies and regulations implemented by government in the region. Italy has prohibited the use of plastic bags based on petroleum, whereas there is a tax levied on use of plastic bags based on petroleum in countries such as Ireland, Germany, and others. In Asia, the biodegradable polymers growth is seen due to the restricted usage of plastic bags by the government. However, biodegradable polymers consumption by Asia has not improved as much as predicted.

The key players in the Biodegradable Plastics market include Amcor, Mitsubishi Chemical Corporation, Plantic Technologies Ltd., BASF SE, Biome Technologies PLC, Corbion N.V., NatureWorks LLC, Metabolix Inc., Biopac, and Meredian Inc.

Types Covered:

• Polyester

• Polylactic acid (PLA)

• Polycaprolactone (PCL)

• Polyhydroxyalkanoate (PHA)

• Poly-3-Hydroxybutyrate (PHB)

• Polybutylene Succinate (PBS)

• Starch Blends

• Regenerated Cellulose

• Others

Applications Covered:

• Agriculture

• Fibers

• Injection Molding

• Packaging

• Others

Regions Covered:

• North America

o US

o Canada

• Europe

o Germany

o France

o Italy

o UK 

o Spain       

• Asia Pacific

o Japan       

o China       

o India       

o Australia       

o New Zealand      

o Rest of Asia      

• Rest of the World

o Latin America

o Middle East      

o Africa       

o Others      

What our report offers:

- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players

- Strategic recommendations for the new entrants

- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets

- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

- Strategic recommendations in key business segments based on the market estimations

- Competitive landscaping mapping the key common trends

- Company profiling with detailed strategies, financials, and recent developments

- Supply chain trends mapping the latest technological advancements

1 Executive Summary         
            
2 Preface           
 2.1 Abstract         
 2.2 Research Scope         
 2.3 Research Methodology        
 2.4 Research Sources         
            
3 Market Trend Analysis         
 3.1 Introduction         
 3.2 Drivers         
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats         
            
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
            
5 Global Biodegradable Plastics Market, By Type       
 5.1 Introduction         
 5.2 Polyester         
 5.3 Polylactic acid (PLA)        
 5.4 Polycaprolactone (PCL)        
 5.5 Polyhydroxyalkanoate (PHA)       
 5.6 Poly-3-Hydroxybutyrate (PHB)       
 5.7 Polybutylene Succinate (PBS)       
 5.8 Starch Blends         
 5.9 Regenerated Cellulose        
 5.10 Others          
            
6 Global Biodegradable Plastics Market, By Application      
 6.1 Introduction         
 6.2 Agriculture         
 6.3 Fibers          
 6.4 Injection Molding         
 6.5 Packaging         
 6.6 Others          
            
7 Global Biodegradable Plastics Market, By Geography      
 7.1 North America          
  7.1.1 US         
  7.1.2 Canada         
 7.2 Europe         
  7.2.1 Germany         
  7.2.2 France         
  7.2.3 Italy         
  7.2.4 UK         
  7.2.5 Spain         
 7.3 Asia Pacific         
  7.3.1 Japan         
  7.3.2 China         
  7.3.3 India         
  7.3.4 Australia         
  7.3.5 New Zealand        
  7.3.6 Rest of Asia Pacific        
 7.4 Rest of the World         
  7.4.1 Latin America        
  7.4.2 Middle East        
  7.4.3 Africa         
  7.4.4 Others         
            
8 Key Developments         
 8.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 8.2 Acquisitions & Mergers        
 8.3 New Product Launch        
 8.4 Expansions         
 8.5 Other Key Strategies        
            
9 Company Profiling         
 9.1 Amcor          
 9.2 Mitsubishi Chemical Corporation       
 9.3 Plantic Technologies Ltd.        
 9.4 BASF SE         
 9.5 Biome Technologies PLC        
 9.6 Corbion N.V.         
 9.7 NatureWorks LLC         
 9.8 Metabolix Inc.         
 9.9 Biopac          
 9.10 Meredian Inc.          
            
List of Tables           
1 Global Biodegradable Plastics Market Outlook, By Type (2012-2022) ($MN)    
2 Global Biodegradable Plastics Market Outlook, By Polyester (2012-2022) ($MN)    
3 Global Biodegradable Plastics Market Outlook, By Polylactic acid (PLA) (2012-2022) ($MN)   
4 Global Biodegradable Plastics Market Outlook, By Polycaprolactone (PCL) (2012-2022) ($MN)  
5 Global Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoate (PHA) (2012-2022) ($MN)  
6 Global Biodegradable Plastics Market Outlook, By Poly-3-Hydroxybutyrate (PHB) (2012-2022) ($MN)  
7 Global Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2012-2022) ($MN)  
8 Global Biodegradable Plastics Market Outlook, By Starch Blends (2012-2022) ($MN)   
9 Global Biodegradable Plastics Market Outlook, By Regenerated Cellulose (2012-2022) ($MN)  
10 Global Biodegradable Plastics Market Outlook, By Others (2012-2022) ($MN)    
11 Global Biodegradable Plastics Market Outlook, By Application (2012-2022) ($MN)   
12 Global Biodegradable Plastics Market Outlook, By Agriculture (2012-2022) ($MN)   
13 Global Biodegradable Plastics Market Outlook, By Fibers (2012-2022) ($MN)    
14 Global Biodegradable Plastics Market Outlook, By Injection Molding (2012-2022) ($MN)   
15 Global Biodegradable Plastics Market Outlook, By Packaging (2012-2022) ($MN)   
16 Global Biodegradable Plastics Market Outlook, By Others (2012-2022) ($MN)    
17 North America Biodegradable Plastics Market Outlook, By Type (2012-2022) ($MN)   
18 North America Biodegradable Plastics Market Outlook, By Polyester (2012-2022) ($MN)   
19 North America Biodegradable Plastics Market Outlook, By Polylactic acid (PLA) (2012-2022) ($MN)  
20 North America Biodegradable Plastics Market Outlook, By Polycaprolactone (PCL) (2012-2022) ($MN) 
21 North America Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoate (PHA) (2012-2022) ($MN) 
22 North America Biodegradable Plastics Market Outlook, By Poly-3-Hydroxybutyrate (PHB) (2012-2022) ($MN) 
23 North America Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2012-2022) ($MN) 
24 North America Biodegradable Plastics Market Outlook, By Starch Blends (2012-2022) ($MN)  
25 North America Biodegradable Plastics Market Outlook, By Regenerated Cellulose (2012-2022) ($MN) 
26 North America Biodegradable Plastics Market Outlook, By Others (2012-2022) ($MN)   
27 North America Biodegradable Plastics Market Outlook, By Application (2012-2022) ($MN)   
28 North America Biodegradable Plastics Market Outlook, By Agriculture (2012-2022) ($MN)   
29 North America Biodegradable Plastics Market Outlook, By Fibers (2012-2022) ($MN)   
30 North America Biodegradable Plastics Market Outlook, By Injection Molding (2012-2022) ($MN)  
31 North America Biodegradable Plastics Market Outlook, By Packaging (2012-2022) ($MN)   
32 North America Biodegradable Plastics Market Outlook, By Others (2012-2022) ($MN)   
33 Europe Biodegradable Plastics Market Outlook, By Type (2012-2022) ($MN)    
34 Europe Biodegradable Plastics Market Outlook, By Polyester (2012-2022) ($MN)   
35 Europe Biodegradable Plastics Market Outlook, By Polylactic acid (PLA) (2012-2022) ($MN)  
36 Europe Biodegradable Plastics Market Outlook, By Polycaprolactone (PCL) (2012-2022) ($MN)  
37 Europe Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoate (PHA) (2012-2022) ($MN)  
38 Europe Biodegradable Plastics Market Outlook, By Poly-3-Hydroxybutyrate (PHB) (2012-2022) ($MN) 
39 Europe Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2012-2022) ($MN)  
40 Europe Biodegradable Plastics Market Outlook, By Starch Blends (2012-2022) ($MN)   
41 Europe Biodegradable Plastics Market Outlook, By Regenerated Cellulose (2012-2022) ($MN)  
42 Europe Biodegradable Plastics Market Outlook, By Others (2012-2022) ($MN)    
43 Europe Biodegradable Plastics Market Outlook, By Application (2012-2022) ($MN)   
44 Europe Biodegradable Plastics Market Outlook, By Agriculture (2012-2022) ($MN)   
45 Europe Biodegradable Plastics Market Outlook, By Fibers (2012-2022) ($MN)    
46 Europe Biodegradable Plastics Market Outlook, By Injection Molding (2012-2022) ($MN)   
47 Europe Biodegradable Plastics Market Outlook, By Packaging (2012-2022) ($MN)   
48 Europe Biodegradable Plastics Market Outlook, By Others (2012-2022) ($MN)    
49 Asia Pacific Biodegradable Plastics Market Outlook, By Type (2012-2022) ($MN)    
50 Asia Pacific Biodegradable Plastics Market Outlook, By Polyester (2012-2022) ($MN)   
51 Asia Pacific Biodegradable Plastics Market Outlook, By Polylactic acid (PLA) (2012-2022) ($MN)  
52 Asia Pacific Biodegradable Plastics Market Outlook, By Polycaprolactone (PCL) (2012-2022) ($MN)  
53 Asia Pacific Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoate (PHA) (2012-2022) ($MN) 
54 Asia Pacific Biodegradable Plastics Market Outlook, By Poly-3-Hydroxybutyrate (PHB) (2012-2022) ($MN) 
55 Asia Pacific Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2012-2022) ($MN) 
56 Asia Pacific Biodegradable Plastics Market Outlook, By Starch Blends (2012-2022) ($MN)   
57 Asia Pacific Biodegradable Plastics Market Outlook, By Regenerated Cellulose (2012-2022) ($MN)  
58 Asia Pacific Biodegradable Plastics Market Outlook, By Others (2012-2022) ($MN)   
59 Asia Pacific Biodegradable Plastics Market Outlook, By Application (2012-2022) ($MN)   
60 Asia Pacific Biodegradable Plastics Market Outlook, By Agriculture (2012-2022) ($MN)   
61 Asia Pacific Biodegradable Plastics Market Outlook, By Fibers (2012-2022) ($MN)   
62 Asia Pacific Biodegradable Plastics Market Outlook, By Injection Molding (2012-2022) ($MN)  
63 Asia Pacific Biodegradable Plastics Market Outlook, By Packaging (2012-2022) ($MN)   
64 Asia Pacific Biodegradable Plastics Market Outlook, By Others (2012-2022) ($MN)   
65 Rest of the World Biodegradable Plastics Market Outlook, By Type (2012-2022) ($MN)   
66 Rest of the World Biodegradable Plastics Market Outlook, By Polyester (2012-2022) ($MN)  
67 Rest of the World Biodegradable Plastics Market Outlook, By Polylactic acid (PLA) (2012-2022) ($MN) 
68 Rest of the World Biodegradable Plastics Market Outlook, By Polycaprolactone (PCL) (2012-2022) ($MN) 
69 Rest of the World Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoate (PHA) (2012-2022) ($MN) 
70 Rest of the World Biodegradable Plastics Market Outlook, By Poly-3-Hydroxybutyrate (PHB) (2012-2022) ($MN)
71 Rest of the World Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2012-2022) ($MN) 
72 Rest of the World Biodegradable Plastics Market Outlook, By Starch Blends (2012-2022) ($MN)  
73 Rest of the World Biodegradable Plastics Market Outlook, By Regenerated Cellulose (2012-2022) ($MN) 
74 Rest of the World Biodegradable Plastics Market Outlook, By Others (2012-2022) ($MN)   
75 Rest of the World Biodegradable Plastics Market Outlook, By Application (2012-2022) ($MN)  
76 Rest of the World Biodegradable Plastics Market Outlook, By Agriculture (2012-2022) ($MN)  
77 Rest of the World Biodegradable Plastics Market Outlook, By Fibers (2012-2022) ($MN)   
78 Rest of the World Biodegradable Plastics Market Outlook, By Injection Molding (2012-2022) ($MN)  
79 Rest of the World Biodegradable Plastics Market Outlook, By Packaging (2012-2022) ($MN)  
80 Rest of the World Biodegradable Plastics Market Outlook, By Others (2012-2022) ($MN)   

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