DUBLIN--(BUSINESS WIRE)--The "Global Biodegradable Polymers Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030" report has been added to ResearchAndMarkets.com's offering.
The global biodegradable polymers demand stood at 1.28 Million Tonnes and is projected to reach 2.338 Million Tonnes by 2030, grow at a steady CAGR of 6.55% in the forecast period.
Biodegradable Polymers are polymers that are degradable and break down into smaller molecules due to the action of agents such as microorganisms and also nature. Based on feedstock type they can be classified into Natural Biodegradable Polymers which are formed in nature and Synthetic Biodegradable Polymers which are based on petroleum. Various Natural Biodegradable Polymers include Polylactic Acid (PLA), Polyhydroxy Butyrate (PHB), Starch-based Biopolymers, Cellulose derivatives, etc. Synthetic Biodegradable Polymers include Polycaprolactone (PCL), Polyglycolide (PGA), poly(3-hydroxybutyrate-co-3-hydroxy valerate) (PHBV), poly (butylene adipate-co-terephthalate) (PBAT), etc. and others. Biodegradable Polymers find application in Agriculture Films, Textile, Consumer Goods, Packaging, Healthcare, and others.
Leading authorities around the globe are supporting the use of Biodegradable Polymers based products for replacing conventional plastics as Biodegradable Polymers are less toxic, have lower side effects, and aids in the process of stabilization of drug. Upcoming technologies such as Biodegradable composite materials and Biobased hybrid nanocomposites having application in artificial joints, drug delivery systems, etc. are expected to push the demand further in the long run.
In 2020, the spread of COVID-19 in major global economies caused a sudden fall in demand for electronics, automobiles, and construction. Manufacturing units were temporarily shut down and disruption in the supply chain was observed which affected the market adversely. Fall in end-use segment impacted the demand of global Biodegradable Polymers market for the first half of 2020. However, after the covid period, the Biodegradable Polymer market is expected to pick up the pace eventually.
Region-wise, the APAC region holds the major share of global demand for Biodegradable Polymers. China and India are considered to be the fastest-growing economies. The easy availability of raw materials in the region along with the rise in awareness regarding the benefits of using Biodegradable Polymers is expected to boost the market growth.
Objective of the Study:
- To assess the demand-supply scenario of Biodegradable Polymers which covers production, demand and supply of Biodegradable Polymers market globally.
- To analyse and forecast the market size of Biodegradable Polymers.
- To classify and forecast global Biodegradable Polymers market based on technology, end-use and regional distribution.
- To identify drivers and challenges for global Biodegradable Polymers market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Biodegradable Polymers market.
- To identify and analyse the profile of leading players involved in the manufacturing of Biodegradable Polymers.
Key Topics Covered:
1. Global Biodegradable Polymers Market Outlook, 2015-2030
1.1. Capacity, By Volume
1.1.1. By Company
1.2. Production, By Volume
1.2.1. By Company
1.3. Operating Efficiency
1.3.1. By Company
2. Global Biodegradable Polymers Demand Outlook, 2015-2030, By Volume
2.1. By End Use
2.2. By Type
2.3. By Region
2.4. By Company
3. North America Biodegradable Polymers Market Outlook, 2015-2030
4. North America Biodegradable Polymers Demand Outlook, 2015-2030, By Volume
5. Asia Pacific Biodegradable Polymers Market Outlook, 2015-2030
6. Asia Pacific Biodegradable Polymers Demand Outlook, 2015-2030, By Volume
7. Europe Biodegradable Polymers Market Outlook, 2015-2030
8. Europe Biodegradable Polymers Demand Outlook, 2015-2030, By Volume
9. MEA Biodegradable Polymers Market Outlook, 2015-2030
10. MEA Biodegradable Polymers Demand Outlook, 2015-2030, By Volume
11. South America Biodegradable Polymers Market Outlook, 2015-2030
12. South America Biodegradable Polymers Demand Outlook, 2015-2030, By Volume
13. By Region
13. News and Deals
For more information about this report visit https://www.researchandmarkets.com/r/a5h4na
