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Biodegradable Plastics Market by Type, by Application - Global Trends & Forecasts to 2020

Biodegradable Plastics Market: Forecasts until 2020

  • August 2015
  • 145 pages
  • ID: 3237773
In this report:
North American and Western European regions are expected to grow at CAGRs of ##.##% and ##.##% respectively, between 2015 and 2020.
The global biodegradable plastics market was estimated to be $##,##.## million in 2015 and is expected to reach $##,##.## million by 2020 at a CAGR of ##.##% between 2015 and 2020.


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In recent years, biodegradable plastics have found wide acceptance in different industries as a result of its properties including low carbon footprints and compostability. These properties can help in limiting the degradation of the enviorment caused by the use of petroleum based plastics. On the basis of applications, the industry for biodegradable plastics can be mostly broken down into packaging, fibers, agriculture, injection molding, and others. Of these, plastics packaging is the most important application of biodegradable plastic and is expected to grow at a quick pace. Injection molding is an emerging application which is anticipated to witnessis the quickest rise. Actors in the biodegradable plastics market invest heavily in R&D to expand recent products, technologies, manufacturing processes, and to address different challenges present in the market. This helps in development of the global biodegradable plastics market. The biodegradable plastics market is forecasted to be worth more than $3.40B by 2020.

This industry report offers a comprehensive study of the biodegradable plastics market. It classifies the biodegradable plastics market established on category, application, and area. On the basis of class, PLA was the biggest segment in 2014 and is estimated to grow further. The increased use of biodegradable plastics due to implementation of strict enviormental regulations, especially, the regulations limiting/prohibiting the use of petroleum based plastic bags, is one of the top drivers of the overall biodegradable plastics market. The rise in the sector is also influenced by the increased enviormental awareness and concerns among the general population in developing countries. The quickest increasing applicaiton in the biodegradable plastics market is injection molding application. The important increase in this application is due to the improving mechanical and thermal properties of several biodegradable plastics. PLA is one of the most important type of biodegradable plastic and it is projected to have the biggest share in the global biodegradable plastics market in 2014. Western Europe is forecasted to be the biggest consumer of biodegradable plastics in 2014, Western Europe is followed by North America (NA).

The document breaks down the market based on area, that is, Western Europe, North America continent, Asia Pacific (APAC), and Rest of the globe. It further segments these regions into countries including the U.S., Canada (CA), Italy (IT), France (FR), Germany (DE), China (CN), Japan (JP), Brazil (BR), and others. The industry sizes for each of the regions are forecasted along with their increase rates.

The key players in the biodegradable plastics market including Metabolix Inc., BASF SE, Corbion N.V., Natureworks LLC, Biome Technologies Plc, and others are profiled in the market research. The top players in this sector have adopted different strategies to enhance their market position and growth their market shares. Partnership, agreement & collaboration, and new product launch are some of the main strategies approved by the key market players to accomplish increase in the biodegradable plastics market.

Available Customizations:

The following customization options are available for the report:

1. Cup Market Analysis:

Review of biodegradable plastics cup market

2. Paper Lamination Market:

Study of biodegradable plastics lamination market

3. Company Information:

Review and profiling of additional overall as well as regional market actors (Up to 3)

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