Synthetic and Bio-Based Biodegradable Plastics Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Synthetic and Bio-Based Biodegradable Plastics Market covers analysis By Product (Synthetic Biodegradable Plastic, Bio-based Biodegradable Plastics); End users/Applications (Packaging, Transportation, Agriculture, Electronics, Textiles, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00014644
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION



Biologically synthesized plastics are the plastics produced from natural origins, such as plants, animals, or micro-organisms. Bio-based plastics are made in whole or part from renewable biological resources. For example, sugar cane is processed to produce ethylene, which can then be used to manufacture, for example, polyethylene. Starch can be processed to produce lactic acid and subsequently, polylactic acid (PLA).

MARKET DYNAMICS



The synthetic and bio-based biodegradable plastics market has witnessed a significant growth owing to factors such as rising demand for chemical industry. Moreover, the increasing number of researches, government support in form of tax refunds to green packaging companies and growing consumer awareness for decreasing waste provide a huge market opportunity for the key players operating in the synthetic and bio-based biodegradable plastics market. However, volatile prices is projected to hamper the overall growth of the synthetic and bio-based biodegradable plastics market.

MARKET SCOPE



The "Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis to 2031" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the synthetic and bio-based biodegradable plastics market with detailed market segmentation product, application, and geography. The global synthetic and bio-based biodegradable plastics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading synthetic and bio-based biodegradable plastics market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION



The global synthetic and bio-based biodegradable plastics market is segmented on the basis of product and application. On the basis of product, the global synthetic and bio-based biodegradable plastics market is divided into synthetic biodegradable plastic and bio-based biodegradable plastics. On the basis of application, the global synthetic and bio-based biodegradable plastics market is divided into packaging, transportation, agriculture, electronics, textiles and others.

REGIONAL FRAMEWORK



The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global synthetic and bio-based biodegradable plastics market based on various segments. It also provides marketsize and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The synthetic and bio-based biodegradable plastics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the synthetic and bio-based biodegradable plastics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the synthetic and bio-based biodegradable plastics market in these regions.

MARKET PLAYERS



The reports cover key developments in the synthetic and bio-based biodegradable plastics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market pl ayers from synthetic and bio-based biodegradable plastics market is anticipated to lucrative growth opportunities in the future with the rising demand for synthetic and bio-based biodegradable plastics in the global market. Below mentioned is the list of few companies engaged in the synthetic and bio-based biodegradable plastics market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the synthetic and bio-based biodegradable plastics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

     BASF AG
     Biocor LLC
     BIOTEC GmbH and Co. KG
     Cereplast Inc
     Dow Chemicals
     Du Pont
     Futerro SA
     Kaneka Corp
     Mitsubishi Chemical Corp
     Natureworks LLC

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Synthetic and Bio-Based Biodegradable Plastics Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Product
  • Synthetic Biodegradable Plastic
  • Bio-based Biodegradable Plastics
By End users/Applications
  • Packaging
  • Transportation
  • Agriculture
  • Electronics
  • Textiles
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BASF AG
  • Biocor LLC
  • BIOTEC GmbH and Co. KG
  • Cereplast Inc
  • Dow Chemicals
  • Du Pont
  • Futerro SA
  • Kaneka Corp
  • Mitsubishi Chemical Corp
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

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    The List of Companies

    1. BASF AG
    2. Biocor LLC
    3. BIOTEC GmbH and Co. KG
    4. Cereplast Inc
    5. Dow Chemicals
    6. Du Pont
    7. Futerro SA
    8. Kaneka Corp
    9. Mitsubishi Chemical Corp
    10. Natureworks LLC

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