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Degradable Materials Market by Product (Polylactic Acid (PLA), Polybutylene Succinate (PBS) and PHBV), Degradation Method (Photodegradable and Biodegradable), and End User (Food Packaging, Pharmaceutical Packaging, Electronics Packaging, and Others) - Global Opportunity Analysis and Industry Forecast, 2021-2028
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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.
The Major Players Profiled In This Study Include:
- Metabolix Inc.
- BASF SE
- Corbion NV (PURAC)
- Natureworks LLC
- Biome Technologies PLC
- Mitsubishi Chemical Corp.
- Plantic Technologies Limited
- Bio-On SRL.
- Meredian Inc.
- Tianan Biologic Materials Co. Ltd.
Key Benefits
- The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global degradable materials market to elucidate the prevailing opportunities and potential investment pockets.
- It offers qualitative trends and quantitative analysis for the period of 20162023 to assist stakeholders to understand the market scenario.
- In-depth analysis of the key segments demonstrates the types of degradable materials and its end user.
- Competitive intelligence of the industry highlights the business practices followed by key players across geographies.
- The key players in the market are profiled along with their strategies and developments to understand the competitive outlook of the industry.
Degradable Materials Market Key Segmentation:
By Product
- Polylactic Acid (PLA)
- Polybutylene Succinate (PBS)
- PHBV
- Others
By Degradation Method
- Photodegradable
- Biodegradable
By End User
- Food Packaging
- Pharmaceutical Packaging
- Electronics Packaging
- Others
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Africa
- Saudi Arabia
- UAE
- Rest of LAMEA
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS
3.4.1. MARKET DYNAMICS
3.4.2. Drivers
3.4.3. Restraints
3.4.4. Opportunities
CHAPTER 4 GLOBAL DEGRADABLE MATERIALS MARKET, BY PRODUCT TYPE
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. POLYLACTIC ACID (PLA)
4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.3. POLYBUTYLENE SUCCINATE (PBS)
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast
4.4. PHBV
4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast
CHAPTER 5 GLOBAL DEGRADABLE MATERIALS MARKET, BY DEGRADATION METHOD
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. PHOTODEGRADABLE
5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast
5.3. BIODEGRADABLE
5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast
CHAPTER 6 GLOBAL DEGRADABLE MATERIALS MARKET, BY DEGRADATION END USER
6.1. OVERVIEW
6.1.1. Market size and forecast
6.2. FOOD PACKAGING
6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast
6.3. PHARMACEUTICAL PACKAGING
6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast
6.4. ELECTRONICS PACKAGING
6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast
6.5. OTHER
6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast
CHAPTER 7 GLOBAL DEGRADABLE MATERIALS MARKET, BY GEOGRAPHY
7.1. OVERVIEW
7.2. NORTH AMERICA
7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast
7.2.3.1. By Product Type
7.2.3.2. By Degradation Method
7.2.3.3. By End User
7.2.3.4. By Country
7.2.4. U.S.
7.2.4.1. Market size and forecast, by End user
7.2.5. Canada
7.2.5.1. Market size and forecast, by End user
7.2.6. Mexico
7.2.6.1. Market size and forecast, by End user
7.3. EUROPE
7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast
7.3.3.1. By Product Type
7.3.3.2. By Degradation Method
7.3.3.3. By End User
7.3.3.4. By Country
7.3.4. Germany
7.3.4.1. Market size and forecast, by End user
7.3.5. France
7.3.5.1. Market size and forecast, by End user
7.3.6. UK
7.3.6.1. Market size and forecast, by End user
7.3.7. Italy
7.3.7.1. Market size and forecast, by End user
7.3.8. Rest of Europe
7.3.8.1. Market size and forecast, by End user
7.4. ASIA-PACIFIC
7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast
7.4.3.1. By Product Type
7.4.3.2. By Degradation Method
7.4.3.3. By End User
7.4.3.4. By Country
7.4.4. China
7.4.4.1. Market size and forecast, by End user
7.4.5. Japan
7.4.5.1. Market size and forecast, by End user
7.4.6. India
7.4.6.1. Market size and forecast, by End user
7.4.7. Australia
7.4.7.1. Market size and forecast, by End user
7.4.8. Korea
7.4.8.1. Market size and forecast, by End user
7.4.9. Rest of Asia-Pacific
7.4.9.1. Market size and forecast, by End user
7.5. LAMEA
7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast
7.5.3.1. By Product Type
7.5.3.2. By Degradation Method
7.5.3.3. By End User
7.5.3.4. By Country
7.5.4. Brazil
7.5.4.1. Market size and forecast, by End user
7.5.5. Saudi Arabia
7.5.5.1. Market size and forecast, by End user
7.5.6. South Africa
7.5.6.1. Market size and forecast, by End user
7.5.7. Rest of LAMEA
7.5.7.1. Market size and forecast, by End user
CHAPTER 8 COMPANY PROFILES
8.1. METABOLIX INC.
8.1.1. Operating business segments
8.1.2. Business performance
8.1.3. Key strategic moves and developments
8.2. BASF SE
8.2.1. Operating business segments
8.2.2. Business performance
8.2.3. Key strategic moves and developments
8.3. CORBION NV (PURAC)
8.3.1. Operating business segments
8.3.2. Business performance
8.3.3. Key strategic moves and developments
8.4. NATUREWORKS LLC
8.4.1. Operating business segments
8.4.2. Business performance
8.4.3. Key strategic moves and developments
8.5. BIOME TECHNOLOGIES PLC
8.5.1. Operating business segments
8.5.2. Business performance
8.5.3. Key strategic moves and developments
8.6. MITSUBISHI CHEMICAL CORP.
8.6.1. Operating business segments
8.6.2. Business performance
8.6.3. Key strategic moves and developments
8.7. PLANTIC TECHNOLOGIES LIMITED
8.7.1. Operating business segments
8.7.2. Business performance
8.7.3. Key strategic moves and developments
8.8. BIO-ON SRL
8.8.1. Operating business segments
8.8.2. Business performance
8.8.3. Key strategic moves and developments
8.9. MEREDIAN INC.
8.9.1. Operating business segments
8.9.2. Business performance
8.9.3. Key strategic moves and developments
8.10. TIANAN BIOLOGIC MATERIALS CO. LTD.
8.10.1. Operating business segments
8.10.2. Business performance
8.10.3. Key strategic moves and developments
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