Biodegradable Polymers Global Market Report 2024

Global Biodegradable Polymers Market Report 2024

Biodegradable Polymers Global Market Report 2024 – By Type (Starch-Based, Polylactic Acid (PLA), Polyhydroxy Alkanoates (PHA), Polyesters, Cellulose Derivatives), By Substrate (Paper And Paperboard, Cellulose Films, Other Substrates), By Application (Agriculture, Textile, Consumer Goods, Packaging, Healthcare, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Biodegradable Polymers Global Market Report 2024
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Biodegradable Polymers Global Market Report 2024

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Biodegradable Polymers Market Definition

Biodegradable polymers are a class of polymers that can be broken down by microorganisms into water, carbon dioxide (or methane), and biomass. These polymers decompose through natural processes, usually within a short time frame compared to traditional plastics, making them an eco-friendly alternative. Biodegradable polymers can be derived from renewable resources (e.g., plant materials) or synthesized from petrochemicals with biodegradable properties. These materials are commonly used in packaging, agriculture, medical applications, and more.

The main types of biodegradable polymers are starch-based, polylactic acid (PLA), polyhydroxy alkanoates (PHA), polyesters (PBS, PBAT, and PCL), and cellulose derivatives. Starch-based biodegradable polymers are materials derived from natural starch sources like corn, potatoes, or wheat. The substrates include paper and paperboard, cellulose films, and others and are applied for agriculture, textiles, consumer goods, packaging, healthcare, and others.

Biodegradable Polymers Market Segmentation

The biodegradable polymers market covered in this report is segmented –

1) By Type: Starch-Based, Polylactic Acid (PLA), Polyhydroxy Alkanoates (PHA), Polyesters, Cellulose Derivatives

2) By Substrate: Paper And Paperboard, Cellulose Films, Other Substrates

3) By Application: Agriculture, Textile, Consumer Goods, Packaging, Healthcare, Other Applications

Global Biodegradable Polymers Market Size 2023 to 2028: Graph

Biodegradable Polymers Market Size 2024 And Growth Rate

The biodegradable polymers market size has grown rapidly in recent years. It will grow from $6.58 billion in 2023 to $7.78 billion in 2024 at a compound annual growth rate (CAGR) of 18.4%. The growth in the historic period can be attributed to growth in e-commerce, growth in the healthcare sector, growth in initiatives promoting circular economy practices, rise in demand from the cosmetics industry, and increasing investments in research and development.

Biodegradable Polymers Market Growth Forecast

The biodegradable polymers market size is expected to see rapid growth in the next few years. It will grow to $15.35 billion in 2028 at a compound annual growth rate (CAGR) of 18.5%. The growth in the forecast period can be attributed to increasing industrialization, growing demand for eco-friendly materials, rising packaging industry, increasing demand for sustainable packaging, and increasing environmental regulations. Major trends in the forecast period include technological advancements, adoption of life cycle assessments, hybrid materials, 3D printing, and algae-based biodegradable polymers.

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Biodegradable Polymers Market Driver: Impact Of Agricultural Sector Expansion On The Growth Of The Biodegradable Polymers Market

The expansion of the agricultural sectors is expected to propel the growth of the biodegradable polymer market going forward. Agricultural sectors refer to the various segments of agriculture, including crop production, livestock farming, forestry, fisheries, and agribusiness, each focused on producing food, raw materials, and related products. Agricultural sectors are expanding due to rising global demand for food driven by population growth, advancements in farming technologies, increased investment in sustainable practices, and the growing need for bio-based materials. Biodegradable polymers are required in agricultural sectors to reduce plastic waste, improve soil health, and promote sustainability by providing eco-friendly alternatives for products such as mulch films, seed coatings, and packaging. For instance, in September 2024, according to a report published by the United States Department of Agriculture, a US-based government agency, agriculture, food, and related industries contributed approximately $1.53 trillion to the U.S. gross domestic product (GDP) in 2023, representing 5.6 % of the total. Therefore, expanding the agricultural sectors is driving the growth of the biodegradable polymer market.

Global Biodegradable Polymers Market Major Players

Major companies operating in the biodegradable polymers marker are BASF SE, Mitsubishi Chemical Group Corporation, Merck Group, Evonik Industries AG, Solvay S.A., Koninklijke DSM N.V., Smurfit Kappa Group plc, Sulzer Ltd., Toyobo Co. Ltd., Corbion N.V., Green Dot Bioplastics Inc., Kaneka Belgium N.V., Danimer Scientific Inc., Polysciences Inc., Sulapac Ltd., TIPA Corp Ltd., Natur-Tec, TotalEnergies Corbion B.V., BioBag International AS, Futerro S.A., Cereplast Inc.

Global Biodegradable Polymers Market Trend: Innovations In Biodegradable Polymers

Major companies operating in the biodegradable polymers market are focused on developing soil conditioners to improve soil structure, enhance water retention, boost nutrient availability, and promote better root development. A soil conditioner is a material added to soil to improve its physical characteristics, including structure, water retention, and nutrient availability, promoting plant growth and improving soil health. For instance, in August 2024, Hydroplan-EB, a UK-based manufacturer of biodegradable polymers and superabsorbent polymers, launched HYB PLUS biodegradable polymer. Hydroplan-EB's biodegradable polymers are designed with additives that enhance rooting and promote successful establishment during planting and transplanting. These polymers improve initial plant development while minimizing the need for replanting. Key benefits include elevated nitrogen levels, organic carbon, and enzymes that help mitigate the physiological stress often associated with transplanting.

Biodegradable Polymers Market Merger And Acquisition: Versalis Expands Sustainability Footprint With Acquisition Of Novamont S.P.A.

In October 2023, Versalis, an Italy-based chemical and polymer solutions provider, acquired Novamont S.p.A. for an undisclosed amount. The acquisition is anticipated to foster sustainable growth and open new opportunities for both companies. This strategic initiative expedites the shift toward a circular economy and bolsters Versalis' standing in the renewable chemistry sector. Novamont S.p.A. is an Italy-based chemical company that provides sustainable and biodegradable polymers.

Regional Insights For The Global Biodegradable Polymers Market

Asia-Pacific was the largest region in the biodegradable polymers market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the biodegradable polymers marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the biodegradable polymers marker report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The biodegradable polymers market consists of sales of cutlery and plates, straws, agricultural films, seed coatings and personal care products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The biodegradable polymers market research report is one of a series of new reports from The Business Research Company that provides biodegradable polymers market statistics, including biodegradable polymers industry global market size, regional shares, competitors with a biodegradable polymers market share, detailed biodegradable polymers market segments, market trends and opportunities, and any further data you may need to thrive in the biodegradable polymers industry. This biodegradable polymers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Biodegradable Polymers Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2024	$7.78 billion
Revenue Forecast In 2033	$15.35 billion
Growth Rate	CAGR of 18.5% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Starch-Based; Polylactic Acid (PLA); Polyhydroxy Alkanoates (PHA); Polyesters; Cellulose Derivatives 2) By Substrate: Paper And Paperboard; Cellulose Films; Other Substrates 3) By Application: Agriculture; Textile; Consumer Goods; Packaging; Healthcare; Other Applications
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	BASF SE, Mitsubishi Chemical Group Corporation, Merck Group, Evonik Industries AG, Solvay S.A., Koninklijke DSM N.V., Smurfit Kappa Group plc, Sulzer Ltd., Toyobo Co. Ltd., Corbion N.V., Green Dot Bioplastics Inc., Kaneka Belgium N.V., Danimer Scientific Inc., Polysciences Inc., Sulapac Ltd., TIPA Corp Ltd., Natur-Tec, TotalEnergies Corbion B.V., BioBag International AS, Futerro S.A., Cereplast Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Biodegradable Polymers Market Characteristics

3. Biodegradable Polymers Market Trends And Strategies

4. Biodegradable Polymers Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Biodegradable Polymers Market Size and Growth

5.1. Global Biodegradable Polymers Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Biodegradable Polymers Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Biodegradable Polymers Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Biodegradable Polymers Market Segmentation

6.1. Global Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Starch-Based

Polylatic Acid (PLA)

Polyhydroxy Alkanoates (PHA)

Polyesters

Cellulose Derivatives

6.2. Global Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Paper And Paperboard

Cellulose Films

Other Substrates

6.3. Global Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Agriculture

Textile

Consumer Goods

Packaging

Healthcare

Other Applications

7. Biodegradable Polymers Market Regional And Country Analysis

7.1. Global Biodegradable Polymers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Biodegradable Polymers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Biodegradable Polymers Market

8.1. Asia-Pacific Biodegradable Polymers Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Biodegradable Polymers Market

9.1. China Biodegradable Polymers Market Overview

9.2. China Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Biodegradable Polymers Market

10.1. India Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Biodegradable Polymers Market

11.1. Japan Biodegradable Polymers Market Overview

11.2. Japan Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Biodegradable Polymers Market

12.1. Australia Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Biodegradable Polymers Market

13.1. Indonesia Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Biodegradable Polymers Market

14.1. South Korea Biodegradable Polymers Market Overview

14.2. South Korea Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Biodegradable Polymers Market

15.1. Western Europe Biodegradable Polymers Market Overview

15.2. Western Europe Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Biodegradable Polymers Market

16.1. UK Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Biodegradable Polymers Market

17.1. Germany Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Biodegradable Polymers Market

18.1. France Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Biodegradable Polymers Market

19.1. Italy Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Biodegradable Polymers Market

20.1. Spain Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Biodegradable Polymers Market

21.1. Eastern Europe Biodegradable Polymers Market Overview

21.2. Eastern Europe Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Biodegradable Polymers Market

22.1. Russia Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Biodegradable Polymers Market

23.1. North America Biodegradable Polymers Market Overview

23.2. North America Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Biodegradable Polymers Market

24.1. USA Biodegradable Polymers Market Overview

24.2. USA Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Biodegradable Polymers Market

25.1. Canada Biodegradable Polymers Market Overview

25.2. Canada Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Biodegradable Polymers Market

26.1. South America Biodegradable Polymers Market Overview

26.2. South America Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Biodegradable Polymers Market

27.1. Brazil Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Biodegradable Polymers Market

28.1. Middle East Biodegradable Polymers Market Overview

28.2. Middle East Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Biodegradable Polymers Market

29.1. Africa Biodegradable Polymers Market Overview

29.2. Africa Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Biodegradable Polymers Market Competitive Landscape And Company Profiles

30.1. Biodegradable Polymers Market Competitive Landscape

30.2. Biodegradable Polymers Market Company Profiles

30.2.1. BASF SE

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Mitsubishi Chemical Group Corporation

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Merck Group

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Evonik Industries AG

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Solvay S.A.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Biodegradable Polymers Market Other Major And Innovative Companies

31.1. Koninklijke DSM N.V.

31.2. Smurfit Kappa Group plc

31.3. Sulzer Ltd.

31.4. Toyobo Co. Ltd.

31.5. Corbion N.V.

31.6. Green Dot Bioplastics Inc.

31.7. Kaneka Belgium N.V.

31.8. Danimer Scientific Inc.

31.9. Polysciences Inc.

31.10. Sulapac Ltd.

31.11. TIPA Corp Ltd.

31.12. Natur-Tec

31.13. TotalEnergies Corbion B.V.

31.14. BioBag International AS

31.15. Futerro S.A.

32. Global Biodegradable Polymers Market Competitive Benchmarking

33. Global Biodegradable Polymers Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Biodegradable Polymers Market

35. Biodegradable Polymers Market Future Outlook and Potential Analysis

35.1 Biodegradable Polymers Market In 2028 - Countries Offering Most New Opportunities

35.2 Biodegradable Polymers Market In 2028 - Segments Offering Most New Opportunities

35.3 Biodegradable Polymers Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Biodegradable Polymers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Biodegradable Polymers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: BASF SE Financial Performance

Table 75: Mitsubishi Chemical Group Corporation Financial Performance

Table 76: Merck Group Financial Performance

Table 77: Evonik Industries AG Financial Performance

Table 78: Solvay S.A. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Biodegradable Polymers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Biodegradable Polymers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Biodegradable Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Biodegradable Polymers Market, Segmentation By Substrate, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Biodegradable Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: BASF SE Financial Performance

Figure 75: Mitsubishi Chemical Group Corporation Financial Performance

Figure 76: Merck Group Financial Performance

Figure 77: Evonik Industries AG Financial Performance

Figure 78: Solvay S.A. Financial Performance

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Frequently Asked Questions

What is the definition of the biodegradable polymers market?

How will the biodegradable polymers market drivers and restraints affect the biodegradable polymers market dynamics? What forces will shape the biodegradable polymers industry going forward?

The biodegradable polymers market major growth driver - Impact Of Agricultural Sector Expansion On The Growth Of The Biodegradable Polymers Market. For further insights on the biodegradable polymers market, request a sample here

What is the forecast market size or the forecast market value of the biodegradable polymers market?

The biodegradable polymers market size has grown rapidly in recent years. It will grow from $6.58 billion in 2023 to $7.78 billion in 2024 at a compound annual growth rate (CAGR) of 18.4%. The growth in the historic period can be attributed to growth in e-commerce, growth in the healthcare sector, growth in initiatives promoting circular economy practices, rise in demand from the cosmetics industry, and increasing investments in research and development. The biodegradable polymers market size is expected to see rapid growth in the next few years. It will grow to $15.35 billion in 2028 at a compound annual growth rate (CAGR) of 18.5%. The growth in the forecast period can be attributed to increasing industrialization, growing demand for eco-friendly materials, rising packaging industry, increasing demand for sustainable packaging, and increasing environmental regulations. Major trends in the forecast period include technological advancements, adoption of life cycle assessments, hybrid materials, 3D printing, and algae-based biodegradable polymers. For further insights on the biodegradable polymers market, request a sample here

How is the biodegradable polymers market segmented?

The biodegradable polymers market is segmented
1) By Type: Starch-Based, Polylactic Acid (PLA), Polyhydroxy Alkanoates (PHA), Polyesters, Cellulose Derivatives
2) By Substrate: Paper And Paperboard, Cellulose Films, Other Substrates
3) By Application: Agriculture, Textile, Consumer Goods, Packaging, Healthcare, Other ApplicationsFor further insights on the biodegradable polymers market, request a sample here

Which region has the largest share of the biodegradable polymers market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the biodegradable polymers market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the biodegradable polymers marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the biodegradable polymers market, request a sample here.

Who are the major players in the biodegradable polymers market?

What are the key trends in the biodegradable polymers market?

Major trend in the biodegradable polymers market - Innovations In Biodegradable Polymers. For further insights on the biodegradable polymers market, request a sample here.

What are the major opportunities in the biodegradable polymers market? What are the strategies for the biodegradable polymers market?

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How does the biodegradable polymers market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the biodegradable polymers industry?

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What are the key dynamics influencing the biodegradable polymers market growth? SWOT analysis of the biodegradable polymers market.

For detailed insights on the key dynamics influencing the biodegradable polymers market growth and SWOT analysis of the biodegradable polymers industry, request a sample here.