Biobased Biodegradable Plastics Market: Global Industry Analysis and Opportunity

Posted by Deeksha on April 2nd, 2019

Biobased biodegradable plastics are expected to increase its importance in global plastics market, as the share of biobasedbiodegrdable plastics in total plastic consumption is expected to improve in the coming years. Stringent legislation in Europe – followed by other countries, global warming initiatives and easy availability of raw material are key growth drivers for biobased biodegradable plastics market. In addition companies are constantly developing biobased biodegradable plastics from new sources, which will enable them to get sustainable sources of raw material. Global majors such as BASF, DOW, Novamont, Natureworks, Metabolix are operating in this sector. However, the market is at nascent stage and latent opportunities to be unfolded. Geography wise, Western Europe is the largest market, followed by North America and Asia pacific.

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Market size and forecast, 2012-2020
Key drivers and developments in biobased biodegradable plastics market
Key Trends and Developments of biobased biodegradable plastics in applications such as packaging, fiber, medical agriculture and others
Key Drivers and developments in particular regions such as North America, Europe, Middle East and Africa (EMEA), Asia Pacific and Latin America
Government policies and initiatives for biobased biodegradable plastics market in all four regions

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Western Europe, North America, Asia-Pacific, Latin America, Eastern Europe and Middle East & Africa (MEA), 
New raw material sources, standards & Certification, segmental performance 
Examples of key Companies Covered
BASF, DOW, Novamont, Natureworks, Metabolix Inc., Corbion, Biome Technologies