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Biodegradable Plastics Market - Top Companies and Manufacturers

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Report ID: 3374
Published Date: Aug 29, 2024
Report Format: PDF, PPT

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Companies Dominating the Biodegradable Plastics Landscape

BASF SE
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Mitsubishi Chemical Corporation
Total Corbion PLA
NatureWorks LLC
Biome Technologies plc
Dow Inc.
Novamont S.p.A
Corbion N.V.
Eastman Chemical Company
Danimer Scientific

Browse Key Market Insights with Data Illustration:

Biodegradable Plastics Market Size & Share, Growth Forecast 2036

In the News

· May 6, 2021: BASF increased the prices for its certified biodegradable plastic named ecovio in the European region. The material is mainly used for cling films, organic waste of vegetables or fruits and agricultural mulch films.

Author Credits: Parul Atri

Report ID: 3374
Published Date: Aug 29, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of biodegradable plastics is assessed at USD 6.09 billion.

Biodegradable Plastics Market size was valued at USD 5.68 billion in 2023 and is anticipated to reach USD 17.62 billion by 2036, expanding at around 9.1% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by growing governmental initiatives to eliminate single use plastic and rising awareness about harmful effects of plastic.

Asia Pacific is set to account for largest revenue share by 2036, on the back of increasing disposable income of the people and high availability of cheap raw materials in the region.

The major players in the market are BASF SE, Mitsubishi Chemical Corporation, Total Corbion PLA, NatureWorks LLC, Biome Technologies plc, and others.

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