PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1749650
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1749650
Biodegradable Polymers Market Introduction and Overview
According to SPER market research, 'Global Biodegradable Polymers Market Size- By Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Biodegradable Polymers Market is predicted to reach 69.3 billion by 2034 with a CAGR of 21.83%.
Biodegradable polymers are those that, when broken down by microbes, produce natural substances such carbon dioxide, water, and biomass. They are eco-friendly and serve as a sustainable alternative to traditional plastics. Degradation happens through various methods, such as hydrolysis or microbial activity, depending on the polymer's structure and the environment.
Restraints: Biodegradable polymers have environmental benefits such as less pollution and better resource use, but they tend to be more expensive. Their production requires renewable materials, special manufacturing processes, and meeting strict environmental rules, which raise costs. Also, the smaller production scale compared to regular plastics prevents cost savings from being fully realized.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Type, By Application
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered BASF, Biome Technologies, Borealis Group, Changsu, Corbion, Evonik Health Care, FKuR, Jiangmen Xinshuo New Materials Co., Ltd, Mitsubishi Chemical Group, NaturTec, Novamont, Polysciences.
Global Biodegradable Polymers Market Segmentation:
By Type: Based on the Type, Global Biodegradable Polymers Market is segmented as; Starch-based, Polylactic Acid, Polyhydroxy Alkanoates, Polyesters, Cellulose Derivatives.
By Application: Based on the Application, Global Biodegradable Polymers Market is segmented as; Agriculture, Textile, Consumer Goods, Packaging, Healthcare.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.