Biodegradable Plastics Market Share, Size, and Trends by 2028
Biodegradable Plastics Market: Strategic Insights
Biodegradable Plastics Market
-
CAGR (2022 - 2028)19.0% -
Market Size 2022
US$ 7.33 Billion -
Market Size 2028
US$ 20.84 Billion
Market Dynamics
GROWTH DRIVERS
- Growing awareness among customers about adverse effects of conventional plastics
- Clean up efforts taken up by the governments Resources
FUTURE TRENDS
- Emerging Use of Biodegradable Plastic in Biomedical Applications
OPPORTUNITIES
- Implementation of biodegradable plastics in biomedical applications
Key Players
- BASF SE
- Novamont SpA
- NatureWorks LLC
- Mitsubishi Chemical Corporation
- Total Corbion PLA
- Plantic Technologies Limited
- Kingfa Sci Tech Co Ltd
- Green Dot Bioplastics
- FKuR Kunststoff GmbH
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South and Central America