Global Compostable Plastic Market Size, Share, and Growth & Trends Analysis Report by Type (Home Compostable Plastic, Others); Application (Compostable cutlery, Compostable bag, Compostable straw, Compostable gloves, Compostable cup (cold cup), Compostable tray/dish); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa): Regional Outlook, Growth Potential and Segments Forecast 2024-2031

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Compostable Plastic Market Size, Share, Growth and Forecast to 2031 | Insider Market Research

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Description

The Global Compostable Plastic Market size was USD 1.2 billion in 2023 and it is expected to grow to USD 3.5 Billion in 2031 with a CAGR of 16.7% in the 2023-2030 period. 

Global Compostable Plastic Market: Overview

The global biodegradable plastic business is going through an enormous modification, due to increasing worries about the environment and a demand for ecologically friendly alternatives of conventional packaging materials made from plastic. Recyclable plastics, including PLA, PBS, PHA, PBAT, or, and starch blends, emerge as green alternative that organically decay, reducing the detrimental effects of typical plastics. Recent cases exhibit growing applications in many sectors: PHA material have the potential to surpass a sales volume of US$ 550.4 million through 2033, with food and beverage preparation and e-commerce sectors prevailing in revenue produce. In addition, the skin care business is increasingly employing compostable plastic containers for cosmetic and hygienic items. As pollution from plastic rates continue high, with estimations of 12% globally pollution from plastics, 8% marine debris, 40% waste from landfills, and 20% burning, demand for biodegradable plastics highlights the urgent need for environmentally friendly options.

Global Compostable Plastic Market: Covid-19 Impact

The COVID-19 epidemic has culminated in an enormous rise the need for biodegradable plastics, driven by increased awareness of the environment. The LAMEA region is well-suited for significant growth, with abundant sugar fuel for bioplastic manufacturing. Home recyclable plastics develop as a profitable marketplace, with biodegradable gloves heading the way. Major firms such as BASF SE as well as Dow Inc. are going after strategic strategies such as new products and cooperation to grow, their market share. However, problems stay, including the costly nature of polymers made from biomass as well as the requirement for specialised anaerobic breakdown treatments.

Global Compostable Plastic Market: Growth Drivers

  • Environmental Awareness:

The increasing recognition of the degradation of the environment and the adverse effects of typical plastics has increased demand for biodegradable plastics. Both consumers and companies are looking for sustainable ways to reduce pollution and adverse environmental effects.

  • Regulatory Support:

Government regulations and programmes encouraging sustainability and decreased waste promote the use of biodegradable plastics. Actions such as restrictions on plastics that are only used once and demands for eco-friendly packaging are driving the growth of the industry.

  • Rising Demand for Eco-Friendly Packaging:

The growing public’s desire for sustainable packaging materials contributes to demand for plastics that decompose. Food and beverage, personal hygiene, and online shopping industries are rapidly turning to recyclable containers to satisfy sustainable objectives and satisfy customers.

Global Compostable Plastic Market: Restraining Factors

  • High Production Costs:

Biodegradable plastics frequently incur greater production costs than conventional plastics because of variables such as raw material sourcing, manufacturing processes, and specialised machinery. This expense disagreement could pose a barrier to widespread adoption, particularly among price-sensitive sectors and markets.

  • Performance Limitations:

Compostable polymers might possess lower resilience, shelf life, and insulating qualities than traditional plastics. These limitations may limit its usability in some industries and applications where tight specifications for performance must be met.

Global Compostable Plastic Market:  Opportunity Factors

  • Market Expansion in Emerging Economies:

Emerging economies provide significant possible possibilities for the biodegradable plastic business, due to growing environmental awareness, increasing disposable incomes, and supportive government policies. Moving into those markets can open up new customer bases and improve market share.

  • Technological Advancements:

Progressive advances in biodegradable plastic technology provide chances to increase the quality of the product, lower production costs, and broaden use options. Material composition, processing processes, and compost technology may all be enhanced to make compostable plastics appealing and competitive in the marketplace.

Global Compostable Plastic Market: Challenges

  • Waste Management Infrastructure:

Compost and waste disposal amenities were limited, rendering widespread utilisation of recyclable plastics difficult. Insufficient collecting, sorting, as well as composting infrastructure may impede the correct disposal and oversight of biodegradable packaging supplies.

  • Consumer Education and Acceptance:

Educating consumers on the advantages and secure use of recyclable plastics is critical for their market acceptability and uptake. Overcoming misunderstandings, addressing scepticism, and building trust in biodegradable packaging solutions requires collaborative efforts involving education initiatives and open communication strategies.

Global Compostable Plastic Market: Segmentation

Based on Type: The Compostable Plastic market is segmented Home Compostable Plastic, Others. 

Based on Application: The Compostable Plastic market is categorized by application into Compostable cutlery, Compostable bag, Compostable straw, Compostable gloves, Compostable cup (cold cup), Compostable tray/dish. 

Based on Region: The Compostable Plastic market is segmented geographically into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, reflecting regional variations in demand, regulations, and market dynamics. 

Global Compostable Plastic Market: Regional Insights

  • North America:

The biodegradable plastic business in North America, encompassing the USA and Canada, has grown significantly due to the building of fresh production facilities. Government initiatives that encourage environmentally friendly goods, combined with rising customer awareness of the environment, are encouraging synthetic plastic producers to shift towards biodegradable plastic components. Consumer demand for compostable plastic containers, which is driven by increased ecological concerns about the non-biodegradability of artificial plastics, drives market growth. The market in North America benefits from educated consumers with significant purchasing power and a high degree of concern for the environment. Furthermore, the legal structure promotes the adoption of biodegradable plastics by improving innovation and acceptance across an array of industries. The growing requirement for compostable disposable cups in eateries and confectionery is an important component of consumer demand, indicating the evolution.

  • Asia Pacific:

The Asia Pacific biodegradable plastics business is growing substantially because of an abundance of factors. For instance, increasing recognition of the hazards to the environment linked with typical plastics is driving up the need for environmentally conscious packaging alternatives in this area. In addition, the swift development of online shopping and the developing food and beverages industries, which rely drastically on biodegradable packaging materials, are driving growth in the market. Furthermore, government initiatives and laws aimed at minimising plastic waste and advocating biodegradable plastics are creating a favourable regulatory climate for growth in the market.

Global Compostable Plastic Market: Competitive Landscape

Cargill Incorporated, Biochem Co. Ltd., Biome Technologies plc, Cardia Bioplastics, Grabio, Greentech Corporation, Northern Technologies International Corporation, S.K. Chemicals Co. Ltd., Minima Technology Co, Biotec Pvt. Ltd. Green Dot Holdings LLC, Plantic Technologies Limited, BASF SE, Total Corbion PLA, Synbra Technology BV, Futerro Novamont SpA, NatureWorks LLC, Eastman Chemical Company, Trinseo, Danimer Scientific, FKuR Kunststoff GmbH. 

Global Compostable Plastic Market: Recent Developments

  • Danimer Scientific, Inc.: On October 23, 2023, a prominent bioplastics company specializing in biodegradable materials, unveiled home compostable retail packaging for fruits and vegetables. Developed in collaboration with BIOLO, a biodegradable packaging manufacturer, and Bolthouse Farms, a carrot producer, this innovative packaging solution marks a significant step towards sustainable packaging practices in the food industry.
  • Total Corbion PLA: On April 22, 2024, in China, Poly lactic acid (PLA) bioplastics are experiencing a surge in popularity, reflecting the nation’s strong commitment to sustainability. PLA’s renewable nature, industrial compostability, and minimal carbon footprint offer a compelling solution amidst growing environmental concerns, positioning it as a viable alternative to conventional fossil-based plastics in the country’s quest for eco-friendly practices.

Table of Content

CHAPTER 1: EXECUTIVE SUMMARY
1.1. Summary
CHAPTER 2: RESEARCH METHODOLOGY
2.1. Research Process
2.2. Primary Research
2.3. Secondary Research
2.4. Market Size Estimation
2.5. Research Methodology
2.6. Analyst Tools/Models/Techniques
2.6.1. Notations
2.7. Market Scope & Segmentation
2.8. Currency & Pricing Considered
CHAPTER 3: MARKET TRENDS
3.1. Introduction
3.2. Drivers
3.2.1. Environmental Awareness
3.3. Restraints
3.3.1. Limited Performance
3.4. Opportunities
3.4.1. Emerging Markets
3.5. Challenges
3.5.1. Public Perception
3.6. Investment Feasibility Analysis
3.7. Latest Trends
CHAPTER 4: MARKET ASSESSMENT
4.1. Porters Five Forces Analysis
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitute
4.1.5. Intensity of Competitive Rivalry
4.2. Value Chain Analysis
4.3. Market Share Analysis
4.4. Impact of Key Regulations on the Market
4.5. SWOT Analysis
4.6. PESTEL Analysis
4.7. Patent Analysis
4.7.1. By TYPE OF MATERIAL
4.7.2. By APPLICATION
4.7.3. By REGION
4.8. Roadmap Development
4.9. Market Lineage Outlook
4.9.1. Parent Market Outlook
4.9.2. Ancillary Market Outlook
CHAPTER 5: IMPACT OF RECESSION ON THE MARKET
5.1. Introduction
5.1.1. Short Term Impact
5.1.2. Long Term Impact
CHAPTER 6: GLOBAL BIODEGRADABLE PLASTIC MARKET, BY TYPE OF MATERIAL
6.1. Introduction
6.1.1. Market Size & Forecast
6.1.2. Global BIODEGRADABLE PLASTIC Market Share, by Type of Material -2023 and 2031 (%)
6.2. TYPE OF PLA
6.2.1. Key market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Regions
6.3. TYPE OF PHA
6.3.1. Key market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Regions
6.4. TYPE OF STARCH-BASED PLASTICS
6.4.1. Key market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Regions
6.5. TYPE OF PBS
6.5.1. Key market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Regions
6.6. TYPE OF PE
6.6.1. Key market Trends, Growth Factors, and Opportunities
6.6.2. Market Size and Forecast, by Regions
CHAPTER 7: GLOBAL BIODEGRADABLE PLASTIC MARKET, BY APPLICATION
7.1. Introduction
7.1.1. Market Size & Forecast
7.1.2. Global BIODEGRADABLE PLASTIC Market Share, APPLICATION -2023 and 2031 (%)
7.2. PACKAGING
7.2.1. Key market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Regions
7.3. AGRICULTURE
7.3.1. Key market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Regions
7.4. TEXTILES
7.4.1. Key market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Regions
7.5. CONSUMER GOODS
7.5.1. Key market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast, by Regions
7.6. AUTOMOTIVE
7.6.1. Key market Trends, Growth Factors, and Opportunities
7.6.2. Market Size and Forecast, by Regions
CHAPTER 8: GLOBAL BIODEGRADABLE PLASTIC MARKET, BY REGION
8.1. Introduction
8.1.1. Market Size & Forecast
8.1.2. Cloud Storage Market Share, by REGION -2023 and 2031 (%)
8.2. NORTH AMERICA
8.2.1. Key market Trends, Growth Factors, and Opportunities
8.2.2. Market Size and Forecast, by Regions
8.3. EUROPE
8.3.1. Key market Trends, Growth Factors, and Opportunities
8.3.2. Market Size and Forecast, by Regions
8.4. ASIA PACIFIC
8.4.1. Key market Trends, Growth Factors, and Opportunities
8.4.2. Market Size and Forecast, by Regions
8.5. LATIN AMERICA
8.5.1. Key market Trends, Growth Factors, and Opportunities
8.5.2. Market Size and Forecast, by Regions
8.6. MIDDLE EAST & AFRICA
8.6.1. Key market Trends, Growth Factors, and Opportunities
8.6.2. Market Size and Forecast, by Regions
CHAPTER 9: NORTH AMERICA MARKET ANALYSIS
9.1. Introduction
9.2. BIODEGRADABLE PLASTIC Market by Country
9.3. North America BIODEGRADABLE PLASTIC Market by Country, USD Million 2019-2031
9.3.1. Market Size & Forecast, By TYPE OF MATERIAL
9.3.2. Market Size & Forecast, by APPLICATION
9.3.3. Market Size & Forecast, by REGION
9.4. U.S.
9.4.1. Market Size & Forecast, By TYPE OF MATERIAL
9.4.2. Market Size & Forecast, by APPLICATION
9.4.3. Market Size & Forecast, by REGION
9.5. Canada
9.5.1. Market Size & Forecast, By TYPE OF MATERIAL
9.5.2. Market Size & Forecast, by APPLICATION
9.5.3. Market Size & Forecast, by REGION
CHAPTER 10: EUROPE MARKET ANALYSIS
10.1. Introduction
10.2. BIODEGRADABLE PLASTIC Market by Country
10.3. Europe BIODEGRADABLE PLASTIC Market by Country, USD Million 2019-2031
10.3.1. Market Size & Forecast, By TYPE OF MATERIAL
10.3.2. Market Size & Forecast, by APPLICATION
10.3.3. Market Size & Forecast, by REGION
10.4. Germany
10.4.1. Market Size & Forecast, By TYPE OF MATERIAL
10.4.2. Market Size & Forecast, by APPLICATION
10.4.3. Market Size & Forecast, by REGION
10.5. France
10.5.1. Market Size & Forecast, By TYPE OF MATERIAL
10.5.2. Market Size & Forecast, by APPLICATION
10.5.3. Market Size & Forecast, by REGION
10.6. U.K.
10.6.1. Market Size & Forecast, By TYPE OF MATERIAL
10.6.2. Market Size & Forecast, by APPLICATION
10.6.3. Market Size & Forecast, by REGION
10.7. Italy
10.7.1. Market Size & Forecast, By TYPE OF MATERIAL
10.7.2. Market Size & Forecast, by APPLICATION
10.7.3. Market Size & Forecast, by REGION
10.8. Spain
10.8.1. Market Size & Forecast, By TYPE OF MATERIAL
10.8.2. Market Size & Forecast, by APPLICATION
10.8.3. Market Size & Forecast, by REGION
10.9. Benelux
10.9.1. Market Size & Forecast, By TYPE OF MATERIAL
10.9.2. Market Size & Forecast, by APPLICATION
10.9.3. Market Size & Forecast, by REGION
10.10. Rest of Europe
10.10.1. Market Size & Forecast, By TYPE OF MATERIAL
10.10.2. Market Size & Forecast, by APPLICATION
10.10.3. Market Size & Forecast, by REGION
CHAPTER 11: ASIA-PACIFIC MARKET ANALYSIS
11.1. Introduction
11.2. BIODEGRADABLE PLASTIC Market by Country
11.3. Asia Pacific Cloud Storage Market by Country, USD Million 2019-2031
11.3.1. Market Size & Forecast, By TYPE OF MATERIAL
11.3.2. Market Size & Forecast, by APPLICATION
11.3.3. Market Size & Forecast, by REGION
11.4. China
11.4.1. Market Size & Forecast, By TYPE OF MATERIAL
11.4.2. Market Size & Forecast, by APPLICATION
11.4.3. Market Size & Forecast, by REGION
11.5. India
11.5.1. Market Size & Forecast, By TYPE OF MATERIAL
11.5.2. Market Size & Forecast, by APPLICATION
11.5.3. Market Size & Forecast, by REGION
11.6. Japan
11.6.1. Market Size & Forecast, By TYPE OF MATERIAL
11.6.2. Market Size & Forecast, by APPLICATION
11.6.3. Market Size & Forecast, by REGION
11.7. Australia
11.7.1. Market Size & Forecast, By TYPE OF MATERIAL
11.7.2. Market Size & Forecast, by APPLICATION
11.7.3. Market Size & Forecast, by REGION
11.8. South Korea
11.8.1. Market Size & Forecast, By TYPE OF MATERIAL
11.8.2. Market Size & Forecast, by APPLICATION
11.8.3. Market Size & Forecast, by REGION
11.9. Souethest Asia
11.9.1. Market Size & Forecast, By TYPE OF MATERIAL
11.9.2. Market Size & Forecast, by APPLICATION
11.9.3. Market Size & Forecast, by REGION
11.10. Rest of Asia Pacific
11.10.1. Market Size & Forecast, By TYPE OF MATERIAL
11.10.2. Market Size & Forecast, by APPLICATION
11.10.3. Market Size & Forecast, by REGION
CHAPTER 12: LATIN AMERICA AND THE CARIBBEAN MARKET ANALYSIS
12.1. Introduction
12.2. BIODEGRADABLE PLASTIC Market by Country
12.3. Latin America BIODEGRADABLE PLASTIC Market by Country, USD Million 2019-2031
12.3.1. Market Size & Forecast, By TYPE OF MATERIAL
12.3.2. Market Size & Forecast, by APPLICATION
12.3.3. Market Size & Forecast, by REGION
12.4. Brazil
12.4.1. Market Size & Forecast, By TYPE OF MATERIAL
12.4.2. Market Size & Forecast, by APPLICATION
12.4.3. Market Size & Forecast, by REGION
12.5. Mexico
12.5.1. Market Size & Forecast, By TYPE OF MATERIAL
12.5.2. Market Size & Forecast, by APPLICATION
12.5.3. Market Size & Forecast, by REGION
12.6. Rest of Latin America
12.6.1. Market Size & Forecast, By TYPE OF MATERIAL
12.6.2. Market Size & Forecast, by APPLICATION
12.6.3. Market Size & Forecast, by REGION
CHAPTER 13: THE MIDDLE EAST AND AFRICA MARKET ANALYSIS
13.1. Introduction
13.2. BIODEGRADABLE PLASTIC Market by Country
13.3. MEA BIODEGRADABLE PLASTIC Market by Country, USD Million 2019-2031
13.3.1. Market Size & Forecast, By TYPE OF MATERIAL
13.3.2. Market Size & Forecast, by APPLICATION
13.3.3. Market Size & Forecast, by REGION
13.4. South Africa
13.4.1. Market Size & Forecast, By TYPE OF MATERIAL
13.4.2. Market Size & Forecast, by APPLICATION
13.4.3. Market Size & Forecast, by REGION
13.5. Saudi Arabia
13.5.1. Market Size & Forecast, By TYPE OF MATERIAL
13.5.2. Market Size & Forecast, by APPLICATION
13.5.3. Market Size & Forecast, by REGION
13.6. UAE
13.6.1. Market Size & Forecast, By TYPE OF MATERIAL
13.6.2. Market Size & Forecast, by APPLICATION
13.6.3. Market Size & Forecast, by REGION
13.7. Rest of MEA
13.7.1. Market Size & Forecast, By TYPE OF MATERIAL
13.7.2. Market Size & Forecast, by APPLICATION
13.7.3. Market Size & Forecast, by REGION
CHAPTER 14: COMPETITIVE LANDSCAPE
14.1. Introduction
14.2. Market Player Positioning, 2022
14.3. Company Evaluation Matrix
14.4. Product Mapping of Top 10 Player
14.5. Market Opportunities and Future Trends
14.6. Competitive Heatmap
14.7. Top Winning Growth Strategies
14.7.1. Major Growth Strategies
14.7.2. Expansion
14.7.3. Merger and Acquisition
14.7.4. Other Developments
CHAPTER 15: COMPANY PROFILES
15.1. BASF SE
15.1.1. Company Overview
15.1.2. Key Executives
15.1.3. Financial Overview
15.1.4. Business Type of Material Analysis
15.1.5. Product Portfolio
15.1.6. Key Strategic Developments
15.2. NATUREWORKS LLC
15.3. TOTAL CORBION PLA
15.4. NOVAMONT S.P.A.
15.5. MITSUBISHI CHEMICAL CORPORATION
15.6. BIOME BIOPLASTICS LIMITED
15.7. DANIMER SCIENTIFIC
15.8. CARDIA BIOPLASTICS
15.9. FUTERRO
15.10. BIO-ON S.P.A.
15.11. Others

Tables & Figures

LIST OF TABLES
Table 1. Global BIODEGRADABLE PLASTIC Market INDUSTRY SNAPSHOT, 2022-2031
Table 2. Global BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 3. Global BIODEGRADABLE PLASTIC Market TYPE OF PLA, BY REGION-2019-2031 (USD MILLION)
Table 4. Global BIODEGRADABLE PLASTIC Market TYPE OF PHA, BY REGION-2019-2031 (USD MILLION)
Table 5. Global BIODEGRADABLE PLASTIC Market TYPE OF STARCH-BASED PLASTICS, BY REGION-2019-2031 (USD MILLION)
Table 6. Global BIODEGRADABLE PLASTIC Market TYPE OF PBS, BY REGION-2019-2031 (USD MILLION)
Table 7. Global BIODEGRADABLE PLASTIC Market TYPE OF PE, BY REGION-2019-2031 (USD MILLION)
Table 8. Global BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION SIZE-2019-2031 (USD MILLION)
Table 9. Global BIODEGRADABLE PLASTIC Market PACKAGING, BY REGION-2019-2031 (USD MILLION)
Table 10. Global BIODEGRADABLE PLASTIC Market AGRICULTURE, BY REGION-2019-2031 (USD MILLION)
Table 11. Global BIODEGRADABLE PLASTIC Market TEXTILES, BY REGION-2019-2031 (USD MILLION)
Table 12. Global BIODEGRADABLE PLASTIC Market CONSUMER GOODS, BY REGION-2019-2031 (USD MILLION)
Table 13. Global BIODEGRADABLE PLASTIC Market AUTOMOTIVE, BY REGION-2019-2031 (USD MILLION)
Table 14. Global BIODEGRADABLE PLASTIC Market SHARE, by REGION -2019-2031 (USD MILLION)
Table 15. Global BIODEGRADABLE PLASTIC Market NORTH AMERICA, BY REGION-2019-2031 (USD MILLION)
Table 16. Global BIODEGRADABLE PLASTIC Market EUROPE, BY REGION-2019-2031 (USD MILLION)
Table 17. Global BIODEGRADABLE PLASTIC Market ASIA PACIFIC, BY REGION-2019-2031 (USD MILLION)
Table 18. Global BIODEGRADABLE PLASTIC Market LATIN AMERICA, BY REGION-2019-2031 (USD MILLION)
Table 19. Global BIODEGRADABLE PLASTIC Market MIDDLE EAST & AFRICA, BY REGION-2019-2031 (USD MILLION)
Table 20. NORTH AMERICA BIODEGRADABLE PLASTIC Market BY COUNTRY, USD MILLION 2019-2031
Table 21. NORTH AMERICA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 22. NORTH AMERICA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 23. NORTH AMERICA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 24. U.S. BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 25. U.S. BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 26. U.S. BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 27. CANADA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 28. CANADA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 29. CANADA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 30. EUROPE BIODEGRADABLE PLASTIC Market BY COUNTRY, USD MILLION 2019-2031
Table 31. EUROPE BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 32. EUROPE BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 33. EUROPE BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 34. GERMANY BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 35. GERMANY BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 36. GERMANY BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 37. FRANCE BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 38. FRANCE BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 39. FRANCE BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 40. UK BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 41. UK BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 42. UK BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 43. ITALY BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 44. ITALY BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 45. ITALY BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 46. SPAIN BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 47. SPAIN BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 48. SPAIN BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 49. BENELUX BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 50. BENELUX BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 51. BENELUX BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 52. REST OF EUROPE BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 53. REST OF EUROPE BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 54. REST OF EUROPE BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 55. ASIA PACIFIC BIODEGRADABLE PLASTIC Market BY COUNTRY, USD MILLION 2019-2031
Table 56. ASIA PACIFIC BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 57. ASIA PACIFIC BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 58. ASIA PACIFIC BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 59. CHINA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 60. CHINA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 61. CHINA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 62. INDIA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 63. INDIA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 64. INDIA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 65. JAPAN BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 66. JAPAN BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 67. JAPAN BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 68. AUSTRALIA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 69. AUSTRALIA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 70. AUSTRALIA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 71. SOUTH KOREA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 72. SOUTH KOREA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 73. SOUTH KOREA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 74. SOUETHEST ASIA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 75. SOUETHEST ASIA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 76. SOUETHEST ASIA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 77. REST OF ASIA PACIFIC BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 78. REST OF ASIA PACIFIC BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 79. REST OF ASIA PACIFIC BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 80. LATIN AMERICA BIODEGRADABLE PLASTIC Market BY COUNTRY, USD MILLION 2019-2031
Table 81. LATIN AMERICA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 82. LATIN AMERICA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 83. LATIN AMERICA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 84. BRAZIL BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 85. BRAZIL BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 86. BRAZIL BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 87. MEXICO BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 88. MEXICO BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 89. MEXICO BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 90. REST OF LATIN AMERICA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 91. REST OF LATIN AMERICA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 92. REST OF LATIN AMERICA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 93. MEA BIODEGRADABLE PLASTIC Market BY COUNTRY, USD MILLION 2019-2031
Table 94. MEA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 95. MEA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 96. MEA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 97. SOUTH AFRICA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 98. SOUTH AFRICA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 99. SOUTH AFRICA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 100. SAUDI ARABIA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 101. SAUDI ARABIA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 102. SAUDI ARABIA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 103. UAE BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 104. UAE BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 105. UAE BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 106. REST OF MEA BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2019-2031 (USD MILLION)
Table 107. REST OF MEA BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2019-2031 (USD MILLION)
Table 108. REST OF MEA BIODEGRADABLE PLASTIC Market SHARE, by REGION – 2019-2031 (USD MILLION)
Table 109. KEY EXPANSIONS (2019-2022)
Table 110. KEY MERGERS AND ACQUISITION (2019-2022)
Table 111. OTHER KEY DEVELOPMENTS (2019-2022)

LIST OF FIGURES
Figure 1. REGIONAL ANALYSIS (2022 & 2031)
Figure 2. RESEARCH PROCESS
Figure 3. ANALYSIS FRAMEWORK
Figure 4. IMPACT OF KEY REGULATION ON THE MARKET
Figure 5. SWOT ANALYSIS
Figure 6. Global BIODEGRADABLE PLASTIC Market SHARE, by TYPE OF MATERIAL -2023 & 2031 (USD MILLION)
Figure 7. Global BIODEGRADABLE PLASTIC Market , TYPE OF PLA -2019-2031 (USD MILLION)
Figure 8. Global BIODEGRADABLE PLASTIC Market , TYPE OF PHA -2019-2031 (USD MILLION)
Figure 9. Global BIODEGRADABLE PLASTIC Market , TYPE OF STARCH-BASED PLASTICS -2019-2031 (USD MILLION)
Figure 10. Global BIODEGRADABLE PLASTIC Market , TYPE OF PBS -2019-2031 (USD MILLION)
Figure 11. Global BIODEGRADABLE PLASTIC Market , TYPE OF PE -2019-2031 (USD MILLION)
Figure 12. Global BIODEGRADABLE PLASTIC Market SHARE, by APPLICATION -2023 & 2031 (USD MILLION)
Figure 13. Global BIODEGRADABLE PLASTIC Market , PACKAGING -2019-2031 (USD MILLION)
Figure 14. Global BIODEGRADABLE PLASTIC Market , AGRICULTURE -2019-2031 (USD MILLION)
Figure 15. Global BIODEGRADABLE PLASTIC Market , TEXTILES -2019-2031 (USD MILLION)
Figure 16. Global BIODEGRADABLE PLASTIC Market , CONSUMER GOODS -2019-2031 (USD MILLION)
Figure 17. Global BIODEGRADABLE PLASTIC Market , AUTOMOTIVE -2019-2031 (USD MILLION)
Figure 18. Global BIODEGRADABLE PLASTIC Market SHARE, by REGION -2023 & 2031 (USD MILLION)
Figure 19. Global BIODEGRADABLE PLASTIC Market , NORTH AMERICA -2019-2031 (USD MILLION)
Figure 20. Global BIODEGRADABLE PLASTIC Market , EUROPE -2019-2031 (USD MILLION)
Figure 21. Global BIODEGRADABLE PLASTIC Market , ASIA PACIFIC -2019-2031 (USD MILLION)
Figure 22. Global BIODEGRADABLE PLASTIC Market , LATIN AMERICA -2019-2031 (USD MILLION)
Figure 23. Global BIODEGRADABLE PLASTIC Market , MIDDLE EAST & AFRICA -2019-2031 (USD MILLION)
Figure 24. MARKET PLAYER POSITIONING, 2022
Figure 25. COMPANY EVALUATION MATRIX
Figure 26. PRODUCT MAPPING OF TOP 10 PLAYERS
Figure 27. COMPETITIVE HEATMAP OF KEY PLAYERS

Frequently Asked Questions (FAQ):

  • Which is the leading segment in the Global Compostable Plastic Market?

    Among application, Compostable bags emerged as the global leader in terms of revenue in the market.

  • What are the key factors driving the Global Compostable Plastic Market?

    Increasing awareness about the environment, innovations in compostable plastics, and growing demand from end-use industries are the major factors driving the market growth.

  • Which region will contribute notably towards the Global Compostable Plastic Market?

    North America region to contribute the major share towards the market growth.

  • What are the key players in the Global Compostable Plastic Market?

    Cargill Incorporated, Biochem Co. Ltd., Biome Technologies plc, Cardia Bioplastics, Grabio, Greentech Corporation, Northern Technologies International Corporation, S.K. Chemicals Co. Ltd., Minima Technology Co, Biotec Pvt. Ltd. Green Dot Holdings LLC, Plantic Technologies Limited, BASF SE, Total Corbion PLA, Others.

Buying Options

Original price was: $9,999.00.Current price is: $8,999.00.
Original price was: $4,999.00.Current price is: $3,999.00.
Original price was: $3,999.00.Current price is: $2,999.00.
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