A03232 | Pages: NA | Sep 2022 | 3894 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Degradable Materials Market
Request Now !Households are the major producers of plastic waste and most of the waste comes from packaging. These wastes are dumped on landfills and few are recycled. Discarded packaging litter is hazardous to the living forms. Thus, increase in environmental concerns has led to the development of photodegradable and biodegradable packaging material. Photodegradable plastic is made of oil-based polymers, which when exposed to sunlight breaks by weakening of bonds. In addition, it contains a chemical additive, which absorbs light and attacks the polymer and breaks the bonds. Biodegradable plastics are made from oil or from plant-based products that are attacked by bacteria, fungi, or other microorganisms, which help plastics to degrade.
Stringent government regulation to reduce plastic wastes has fueled the demand for biodegradable materials for packaging, thereby driving the market growth. Environmentalists and researchers are developing photodegradable and biodegradable packaging material, which includes polylactic acid (PLA), polybutylene succinate (PBS), PHBV, and others. Increase in investment for R&D activities, particularly in developed economies such as the U.S. and European countries, to develop advanced biopolymers is anticipated to provide new opportunities for the market players. However, ambiguities among the scientists and environmentalists related to the benefits of degradable plastics hampers the market growth.
The global degradable materials market is segmented based on product, degradation method, end user, and geography. On the basis of product, the market is categorized into polylactic acid (PLA), polybutylene succinate (PBS), and PHBV. By degradation method, it is divided into photodegradable and biodegradable. In terms of end user, it is classified into food packaging, pharmaceutical packaging, electronics packaging, and others. The report analyzes the market trends in different geographies, which include North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
Key Market Segments & Key Market Players
Segments | Sub-segments |
---|---|
By PRODUCT TYPE |
|
By Degradation Method |
|
By End User |
|
By Region |
|
Key Market Players |
|
Loading Table Of Content...
Start reading.
This Report and over 13,000+ more Reports, Available with Avenue Library. T&C*.
10%
Discount
10%
Discount
15%
Discount
15%
Discount
Enterprise
License/PDF
20%
Discount
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers