Biodegradable Plastics Market
PUBLISHED: 2023 ID: SMRC23400
SHARE
SHARE

Biodegradable Plastics Market

Biodegradable Plastics Market Forecasts to 2030 - Global Analysis By Product (Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), Polylactic Acid (PLA) and Other Products), Application (Agriculture, Consumer Goods, Packaging, Textiles and Other End Users) and By Geography

4.3 (78 reviews)
4.3 (78 reviews)
Published: 2023 ID: SMRC23400

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Biodegradable Plastics Market is accounted for $5.24 billion in 2023 and is expected to reach $11.38 billion by 2030 growing at a CAGR of 11.7% during the forecast period. Plastics made from renewable resources like plants, algae, or microorganisms are known as biodegradable plastics, compostable plastics, or eco-friendly plastics. Biodegradable plastics, as opposed to conventional plastics made from fossil fuels, can decompose naturally through biological processes into harmless elements like water, carbon dioxide, and biomass. Due to this quality, they are very desirable for a variety of applications, including packaging, agriculture, automotive, and consumer goods.

According to data published by the European Environment Agency in January 2021, nearly 40% of respondents said they planned to adopt more sustainable behavior in the future.

Market Dynamics:

Driver:

Increasing consumer preference for biodegradable plastics

Global demand for biodegradable plastics is being driven by the overuse of disposable single-use plastics and their detrimental effects on the environment and human health. Being made of petroleum, plastics take decades to degrade and end up in landfills, making them one of the most urgent environmental concerns. Biodegradable plastics are absorbed into the environment and break down quickly. Biodegradable plastics also decompose more quickly than conventional plastics. As a result, growing environmental concerns are anticipated to fuel the market for biodegradable plastics.

Restraint:

Comparatively more expensive than conventional plastics

The market's growth is constrained by biodegradable plastics' higher price compared to traditional polymers. Plant-based materials, like corn starch or sugarcane, are frequently used as the raw materials for biodegradable plastics. In comparison to the extraction and refinement of fossil fuels used in conventional plastics, the production and processing costs of these renewable resources can be higher. In comparison to conventional plastics, the production of biodegradable plastics may require extra steps or specialized machinery. This may raise production costs and drive up the price of the manufacturing process as a whole.

Opportunity:

Increasing use of new technologies

Future years are expected to bring about a wealth of investment opportunities due to the continuous adoption of new technologies in the production of biodegradable plastics. Antimicrobial technology is now being incorporated into the production of biodegradable materials to create materials with longer shelf lives and to prolong the preservation of packaged goods, particularly food items. Additionally, antimicrobial packaging is used to stop microbial growth and guarantee chemical and microbiological food safety.

Threat:

Fluctuating oil prices

The cost of plastics is influenced by changes in oil prices. In the long term, this would be difficult. With the dynamics of supply and demand, oil prices may decrease. This may lead to a drop in the cost of traditional plastics, which would hinder the demand for biodegradable plastics.

Covid-19 Impact

Due to disruptions in supply chains and production services around the world, the COVID-19 pandemic had a negative effect on the production of biodegradable plastics globally. Additionally, millions of people discarded single-use plastic items like gloves, masks, sanitizer bottles, and aprons during the pandemic, producing a significant amount of plastic waste. The use of biodegradable plastics in PPE and other products has increased as a result of this factor. The market trend for biodegradable plastics is also anticipated to grow favorably following the coronavirus pandemic due to company developments.

The packaging segment is expected to be the largest during the forecast period

Packaging accounted for the largest market share of biodegradable plastics in 2022 and is anticipated to continue to hold this position throughout the forecast period. It is utilized in both rigid and flexible packaging and is expanding as more and more conventional plastics are being replaced in food packaging materials like boxes, wraps, cups, and plates. In addition, new uses for biodegradable plastics in the medical field are becoming more common for drug encapsulation and surgical procedures.

The polylactic acid (PLA) segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the PLA segment is anticipated to grow rapidly. Because it is made of renewable raw materials and emits fewer greenhouse gases than traditional plastics, PLA is increasingly used in a variety of industries, including agriculture and packaging. These factors are anticipated to fuel market growth over the upcoming years.

Region with largest share:

Because of the rising demand for biodegradable plastics across a variety of end-use industries, including packaging, agriculture, consumer goods, and textiles, Europe is anticipated to hold the largest revenue share in the global market. The European Commission acknowledged that bioplastics play a crucial role in the bioeconomy and have the potential to hasten the transition to a circular economy. Furthermore, during the forecast period, market growth in the region is anticipated to be boosted by rising initiatives, policy establishment, and the availability of subsidies regarding the use of biodegradable plastics for the development of a circular bioeconomy.

Region with highest CAGR:

Due to the growing use of biodegradable plastics in the packaging industry, Asia Pacific is anticipated to post a strong growth rate during the forecast period. Due to the region's convenient access to feedstock purchases, affordable labor, and availability of cost-effective raw materials, businesses operating in Europe and the United States are moving their manufacturing operations to Asia-Pacific, which is boosting the region's market.

Key players in the market

Some of the key players profiled in the Biodegradable Plastics Market include API S.p.A., Arkema S.A., BASF SE, Biome Technologies plc, Bio-On S.p.A., Cardia Bioplastics Limited, Cargill Incorporated, Corbion N.V., Danimer Scientific, Inc., Eastman Chemical Company, FKuR Kunststoff GmbH, Futerro, Innovia Films Limited, Kingfa Sci. & Tech. Co., Ltd., Mitsubishi Chemical Corporation, NatureWorks LLC, Novamont S.p.A., Plantic Technologies Limited, PTT MCC Biochem Co., Ltd., Solanyl Biopolymers Inc., Synbra Technology BV, Tianan Biologic Material Co., Ltd., Total Corbion PLA and Trineso.

Key Developments:

In June 2023, Arkema broadens its range of high performance polymers with the acquisition of a controlling stake in PI Advanced Materials. Proposed acquisition of Glenwood Private Equity’s 54% stake in the listed South Korean company PI Advanced Materials (PIAM), for €728m enterprise value. The company will be fully consolidated in Arkema’s accounts.

In December 2022, Futerro plans to set up Europe's first vertically integrated biorefinery in Normandy to produce PLA and recycle it. Following the construction of its first PLA (poly-lactic acid) plant in China in 2021, Futerro's ambition is to set up a new fully integrated biorefinery in the industrial and port area of Port-Jérôme, in the Caux Seine agglomeration (commune of Saint-Jean-de-Folleville), located on the Seine axis between Rouen and Le Havre.

Products Covered:
• Polybutylene Adipate Terephthalate (PBAT)
• Polybutylene Succinate (PBS)
• Polyhydroxyalkanoates (PHA)
• Polylactic Acid (PLA)
• Other Products

Applications Covered:
• Agriculture
• Consumer Goods
• Packaging
• Textiles
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026 and 2030
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

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 Product
5.1 Introduction
5.2 Polybutylene Adipate Terephthalate (PBAT)
5.3 Polybutylene Succinate (PBS)
5.4 Polyhydroxyalkanoates (PHA)
5.5 Polylactic Acid (PLA)
5.6 Other Products
5.6.1 Regenerative Cellulose
5.6.2 Cellulose Derivative

6 Global Biodegradable Plastics Market, By Application
6.1 Introduction
6.2 Agriculture
6.2.1 Tapes and Mulch Films
6.3 Consumer Goods
6.3.1 Electrical Applicances
6.3.2 Domestic Appliances
6.4 Packaging
6.4.1 Rigid Packaging
6.4.2 Flexible Packaging
6.5 Textiles
6.5.1 Medical and Healthcare Textile
6.5.2 Personal Care and Clothes
6.5.3 Other Textiles
6.6 Other End Users
6.6.1 Automotive
6.6.2 Building and Construction

7 Global Biodegradable Plastics Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa

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 API S.p.A.
9.2 Arkema S.A.
9.3 BASF SE
9.4 Biome Technologies plc
9.5 Bio-On S.p.A.
9.6 Cardia Bioplastics Limited
9.7 Cargill Incorporated
9.8 Corbion N.V.
9.9 Danimer Scientific, Inc.
9.10 Eastman Chemical Company
9.11 FKuR Kunststoff GmbH
9.12 Futerro
9.13 Innovia Films Limited
9.14 Kingfa Sci. & Tech. Co., Ltd.
9.15 Mitsubishi Chemical Corporation
9.16 NatureWorks LLC
9.17 Novamont S.p.A.
9.18 Plantic Technologies Limited
9.19 PTT MCC Biochem Co., Ltd.
9.20 Solanyl Biopolymers Inc.
9.21 Synbra Technology BV
9.22 Tianan Biologic Material Co., Ltd.
9.23 Total Corbion PLA
9.24 Trineso

List of Tables
1 Global Biodegradable Plastics Market Outlook, By Region (2021-2030) ($MN)
2 Global Biodegradable Plastics Market Outlook, By Product (2021-2030) ($MN)
3 Global Biodegradable Plastics Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
4 Global Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
5 Global Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoates (PHA) (2021-2030) ($MN)
6 Global Biodegradable Plastics Market Outlook, By Polylactic Acid (PLA) (2021-2030) ($MN)
7 Global Biodegradable Plastics Market Outlook, By Other Products (2021-2030) ($MN)
8 Global Biodegradable Plastics Market Outlook, By Regenerative Cellulose (2021-2030) ($MN)
9 Global Biodegradable Plastics Market Outlook, By Cellulose Derivative (2021-2030) ($MN)
10 Global Biodegradable Plastics Market Outlook, By Application (2021-2030) ($MN)
11 Global Biodegradable Plastics Market Outlook, By Agriculture (2021-2030) ($MN)
12 Global Biodegradable Plastics Market Outlook, By Tapes and Mulch Films (2021-2030) ($MN)
13 Global Biodegradable Plastics Market Outlook, By Consumer Goods (2021-2030) ($MN)
14 Global Biodegradable Plastics Market Outlook, By Electrical Applicances (2021-2030) ($MN)
15 Global Biodegradable Plastics Market Outlook, By Domestic Appliances (2021-2030) ($MN)
16 Global Biodegradable Plastics Market Outlook, By Packaging (2021-2030) ($MN)
17 Global Biodegradable Plastics Market Outlook, By Rigid Packaging (2021-2030) ($MN)
18 Global Biodegradable Plastics Market Outlook, By Flexible Packaging (2021-2030) ($MN)
19 Global Biodegradable Plastics Market Outlook, By Textiles (2021-2030) ($MN)
20 Global Biodegradable Plastics Market Outlook, By Medical and Healthcare Textile (2021-2030) ($MN)
21 Global Biodegradable Plastics Market Outlook, By Personal Care and Clothes (2021-2030) ($MN)
22 Global Biodegradable Plastics Market Outlook, By Other Textiles (2021-2030) ($MN)
23 Global Biodegradable Plastics Market Outlook, By Other End Users (2021-2030) ($MN)
24 Global Biodegradable Plastics Market Outlook, By Automotive (2021-2030) ($MN)
25 Global Biodegradable Plastics Market Outlook, By Building and Construction (2021-2030) ($MN)
26 North America Biodegradable Plastics Market Outlook, By Country (2021-2030) ($MN)
27 North America Biodegradable Plastics Market Outlook, By Product (2021-2030) ($MN)
28 North America Biodegradable Plastics Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
29 North America Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
30 North America Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoates (PHA) (2021-2030) ($MN)
31 North America Biodegradable Plastics Market Outlook, By Polylactic Acid (PLA) (2021-2030) ($MN)
32 North America Biodegradable Plastics Market Outlook, By Other Products (2021-2030) ($MN)
33 North America Biodegradable Plastics Market Outlook, By Regenerative Cellulose (2021-2030) ($MN)
34 North America Biodegradable Plastics Market Outlook, By Cellulose Derivative (2021-2030) ($MN)
35 North America Biodegradable Plastics Market Outlook, By Application (2021-2030) ($MN)
36 North America Biodegradable Plastics Market Outlook, By Agriculture (2021-2030) ($MN)
37 North America Biodegradable Plastics Market Outlook, By Tapes and Mulch Films (2021-2030) ($MN)
38 North America Biodegradable Plastics Market Outlook, By Consumer Goods (2021-2030) ($MN)
39 North America Biodegradable Plastics Market Outlook, By Electrical Applicances (2021-2030) ($MN)
40 North America Biodegradable Plastics Market Outlook, By Domestic Appliances (2021-2030) ($MN)
41 North America Biodegradable Plastics Market Outlook, By Packaging (2021-2030) ($MN)
42 North America Biodegradable Plastics Market Outlook, By Rigid Packaging (2021-2030) ($MN)
43 North America Biodegradable Plastics Market Outlook, By Flexible Packaging (2021-2030) ($MN)
44 North America Biodegradable Plastics Market Outlook, By Textiles (2021-2030) ($MN)
45 North America Biodegradable Plastics Market Outlook, By Medical and Healthcare Textile (2021-2030) ($MN)
46 North America Biodegradable Plastics Market Outlook, By Personal Care and Clothes (2021-2030) ($MN)
47 North America Biodegradable Plastics Market Outlook, By Other Textiles (2021-2030) ($MN)
48 North America Biodegradable Plastics Market Outlook, By Other End Users (2021-2030) ($MN)
49 North America Biodegradable Plastics Market Outlook, By Automotive (2021-2030) ($MN)
50 North America Biodegradable Plastics Market Outlook, By Building and Construction (2021-2030) ($MN)
51 Europe Biodegradable Plastics Market Outlook, By Country (2021-2030) ($MN)
52 Europe Biodegradable Plastics Market Outlook, By Product (2021-2030) ($MN)
53 Europe Biodegradable Plastics Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
54 Europe Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
55 Europe Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoates (PHA) (2021-2030) ($MN)
56 Europe Biodegradable Plastics Market Outlook, By Polylactic Acid (PLA) (2021-2030) ($MN)
57 Europe Biodegradable Plastics Market Outlook, By Other Products (2021-2030) ($MN)
58 Europe Biodegradable Plastics Market Outlook, By Regenerative Cellulose (2021-2030) ($MN)
59 Europe Biodegradable Plastics Market Outlook, By Cellulose Derivative (2021-2030) ($MN)
60 Europe Biodegradable Plastics Market Outlook, By Application (2021-2030) ($MN)
61 Europe Biodegradable Plastics Market Outlook, By Agriculture (2021-2030) ($MN)
62 Europe Biodegradable Plastics Market Outlook, By Tapes and Mulch Films (2021-2030) ($MN)
63 Europe Biodegradable Plastics Market Outlook, By Consumer Goods (2021-2030) ($MN)
64 Europe Biodegradable Plastics Market Outlook, By Electrical Applicances (2021-2030) ($MN)
65 Europe Biodegradable Plastics Market Outlook, By Domestic Appliances (2021-2030) ($MN)
66 Europe Biodegradable Plastics Market Outlook, By Packaging (2021-2030) ($MN)
67 Europe Biodegradable Plastics Market Outlook, By Rigid Packaging (2021-2030) ($MN)
68 Europe Biodegradable Plastics Market Outlook, By Flexible Packaging (2021-2030) ($MN)
69 Europe Biodegradable Plastics Market Outlook, By Textiles (2021-2030) ($MN)
70 Europe Biodegradable Plastics Market Outlook, By Medical and Healthcare Textile (2021-2030) ($MN)
71 Europe Biodegradable Plastics Market Outlook, By Personal Care and Clothes (2021-2030) ($MN)
72 Europe Biodegradable Plastics Market Outlook, By Other Textiles (2021-2030) ($MN)
73 Europe Biodegradable Plastics Market Outlook, By Other End Users (2021-2030) ($MN)
74 Europe Biodegradable Plastics Market Outlook, By Automotive (2021-2030) ($MN)
75 Europe Biodegradable Plastics Market Outlook, By Building and Construction (2021-2030) ($MN)
76 Asia Pacific Biodegradable Plastics Market Outlook, By Country (2021-2030) ($MN)
77 Asia Pacific Biodegradable Plastics Market Outlook, By Product (2021-2030) ($MN)
78 Asia Pacific Biodegradable Plastics Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
79 Asia Pacific Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
80 Asia Pacific Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoates (PHA) (2021-2030) ($MN)
81 Asia Pacific Biodegradable Plastics Market Outlook, By Polylactic Acid (PLA) (2021-2030) ($MN)
82 Asia Pacific Biodegradable Plastics Market Outlook, By Other Products (2021-2030) ($MN)
83 Asia Pacific Biodegradable Plastics Market Outlook, By Regenerative Cellulose (2021-2030) ($MN)
84 Asia Pacific Biodegradable Plastics Market Outlook, By Cellulose Derivative (2021-2030) ($MN)
85 Asia Pacific Biodegradable Plastics Market Outlook, By Application (2021-2030) ($MN)
86 Asia Pacific Biodegradable Plastics Market Outlook, By Agriculture (2021-2030) ($MN)
87 Asia Pacific Biodegradable Plastics Market Outlook, By Tapes and Mulch Films (2021-2030) ($MN)
88 Asia Pacific Biodegradable Plastics Market Outlook, By Consumer Goods (2021-2030) ($MN)
89 Asia Pacific Biodegradable Plastics Market Outlook, By Electrical Applicances (2021-2030) ($MN)
90 Asia Pacific Biodegradable Plastics Market Outlook, By Domestic Appliances (2021-2030) ($MN)
91 Asia Pacific Biodegradable Plastics Market Outlook, By Packaging (2021-2030) ($MN)
92 Asia Pacific Biodegradable Plastics Market Outlook, By Rigid Packaging (2021-2030) ($MN)
93 Asia Pacific Biodegradable Plastics Market Outlook, By Flexible Packaging (2021-2030) ($MN)
94 Asia Pacific Biodegradable Plastics Market Outlook, By Textiles (2021-2030) ($MN)
95 Asia Pacific Biodegradable Plastics Market Outlook, By Medical and Healthcare Textile (2021-2030) ($MN)
96 Asia Pacific Biodegradable Plastics Market Outlook, By Personal Care and Clothes (2021-2030) ($MN)
97 Asia Pacific Biodegradable Plastics Market Outlook, By Other Textiles (2021-2030) ($MN)
98 Asia Pacific Biodegradable Plastics Market Outlook, By Other End Users (2021-2030) ($MN)
99 Asia Pacific Biodegradable Plastics Market Outlook, By Automotive (2021-2030) ($MN)
100 Asia Pacific Biodegradable Plastics Market Outlook, By Building and Construction (2021-2030) ($MN)
101 South America Biodegradable Plastics Market Outlook, By Country (2021-2030) ($MN)
102 South America Biodegradable Plastics Market Outlook, By Product (2021-2030) ($MN)
103 South America Biodegradable Plastics Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
104 South America Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
105 South America Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoates (PHA) (2021-2030) ($MN)
106 South America Biodegradable Plastics Market Outlook, By Polylactic Acid (PLA) (2021-2030) ($MN)
107 South America Biodegradable Plastics Market Outlook, By Other Products (2021-2030) ($MN)
108 South America Biodegradable Plastics Market Outlook, By Regenerative Cellulose (2021-2030) ($MN)
109 South America Biodegradable Plastics Market Outlook, By Cellulose Derivative (2021-2030) ($MN)
110 South America Biodegradable Plastics Market Outlook, By Application (2021-2030) ($MN)
111 South America Biodegradable Plastics Market Outlook, By Agriculture (2021-2030) ($MN)
112 South America Biodegradable Plastics Market Outlook, By Tapes and Mulch Films (2021-2030) ($MN)
113 South America Biodegradable Plastics Market Outlook, By Consumer Goods (2021-2030) ($MN)
114 South America Biodegradable Plastics Market Outlook, By Electrical Applicances (2021-2030) ($MN)
115 South America Biodegradable Plastics Market Outlook, By Domestic Appliances (2021-2030) ($MN)
116 South America Biodegradable Plastics Market Outlook, By Packaging (2021-2030) ($MN)
117 South America Biodegradable Plastics Market Outlook, By Rigid Packaging (2021-2030) ($MN)
118 South America Biodegradable Plastics Market Outlook, By Flexible Packaging (2021-2030) ($MN)
119 South America Biodegradable Plastics Market Outlook, By Textiles (2021-2030) ($MN)
120 South America Biodegradable Plastics Market Outlook, By Medical and Healthcare Textile (2021-2030) ($MN)
121 South America Biodegradable Plastics Market Outlook, By Personal Care and Clothes (2021-2030) ($MN)
122 South America Biodegradable Plastics Market Outlook, By Other Textiles (2021-2030) ($MN)
123 South America Biodegradable Plastics Market Outlook, By Other End Users (2021-2030) ($MN)
124 South America Biodegradable Plastics Market Outlook, By Automotive (2021-2030) ($MN)
125 South America Biodegradable Plastics Market Outlook, By Building and Construction (2021-2030) ($MN)
126 Middle East & Africa Biodegradable Plastics Market Outlook, By Country (2021-2030) ($MN)
127 Middle East & Africa Biodegradable Plastics Market Outlook, By Product (2021-2030) ($MN)
128 Middle East & Africa Biodegradable Plastics Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
129 Middle East & Africa Biodegradable Plastics Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
130 Middle East & Africa Biodegradable Plastics Market Outlook, By Polyhydroxyalkanoates (PHA) (2021-2030) ($MN)
131 Middle East & Africa Biodegradable Plastics Market Outlook, By Polylactic Acid (PLA) (2021-2030) ($MN)
132 Middle East & Africa Biodegradable Plastics Market Outlook, By Other Products (2021-2030) ($MN)
133 Middle East & Africa Biodegradable Plastics Market Outlook, By Regenerative Cellulose (2021-2030) ($MN)
134 Middle East & Africa Biodegradable Plastics Market Outlook, By Cellulose Derivative (2021-2030) ($MN)
135 Middle East & Africa Biodegradable Plastics Market Outlook, By Application (2021-2030) ($MN)
136 Middle East & Africa Biodegradable Plastics Market Outlook, By Agriculture (2021-2030) ($MN)
137 Middle East & Africa Biodegradable Plastics Market Outlook, By Tapes and Mulch Films (2021-2030) ($MN)
138 Middle East & Africa Biodegradable Plastics Market Outlook, By Consumer Goods (2021-2030) ($MN)
139 Middle East & Africa Biodegradable Plastics Market Outlook, By Electrical Applicances (2021-2030) ($MN)
140 Middle East & Africa Biodegradable Plastics Market Outlook, By Domestic Appliances (2021-2030) ($MN)
141 Middle East & Africa Biodegradable Plastics Market Outlook, By Packaging (2021-2030) ($MN)
142 Middle East & Africa Biodegradable Plastics Market Outlook, By Rigid Packaging (2021-2030) ($MN)
143 Middle East & Africa Biodegradable Plastics Market Outlook, By Flexible Packaging (2021-2030) ($MN)
144 Middle East & Africa Biodegradable Plastics Market Outlook, By Textiles (2021-2030) ($MN)
145 Middle East & Africa Biodegradable Plastics Market Outlook, By Medical and Healthcare Textile (2021-2030) ($MN)
146 Middle East & Africa Biodegradable Plastics Market Outlook, By Personal Care and Clothes (2021-2030) ($MN)
147 Middle East & Africa Biodegradable Plastics Market Outlook, By Other Textiles (2021-2030) ($MN)
148 Middle East & Africa Biodegradable Plastics Market Outlook, By Other End Users (2021-2030) ($MN)
149 Middle East & Africa Biodegradable Plastics Market Outlook, By Automotive (2021-2030) ($MN)
150 Middle East & Africa Biodegradable Plastics Market Outlook, By Building and Construction (2021-2030) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials