Demand for Biobased Biodegradable Plastics Market to Experience a Significant Dip in 2021, Influenced by COVID-19 Pandemic
Biobased biodegradable plastics are expected to increase its importance in global plastics market, as the share of biobased biodegrdable 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.
In this study, we analyze the Global Biobased Biodegradable Plastics Market during 2014-2020. We focus on:
- 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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Table Of Content
- Executive Summary
- Research Methodology & Scope
- Assumptions & Acronyms Used
- Market Overview
4.1. Introduction
4.2. Market Segmentation
4.3. Parent Market Indicators
4.3.1. Global Plastic Consumption
4.3.2. Regional Plastic Consumption
- Global Biobased Biodegradable Plastics Market Overview
5.1. Market Size & Forecast (Value), 2012 – 2020
5.2. Y-o-Y Growth Comparison
5.3. Market Size & Forecast (Volume), 2012 – 2020
5.4. Market Dynamics
5.4.1. Economic Drivers & Relative Impact
5.4.2. Demand Drivers & Relative Impact
5.4.3. Supply Drivers & Relative Impact
5.4.4. Market Trends & Recent Advancements
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- Global Biobased Biodegradable Plastics Market, By Application, 2012 – 2020
6.1. Introduction
6.2. Market Size & Forecast - Value
6.3. Market Size & Forecast - Volume
6.4. Y-o-Y Growth Comparison
6.5. Market Proportion & BPS Analysis
6.6. Market Performance Index
6.7. Packaging Application Market Analysis
6.7.1. Market Size & Forecast - Value
6.7.2. Y-o-Y Growth Rate Analysis
6.7.3. Absolute $ Opportunity
6.8. Fiber Application Market Analysis
6.8.1. Market Size & Forecast - Value
6.8.2. Y-o-Y Growth Rate Analysis
6.8.3. Absolute $ Opportunity
6.9. Agriculture Application Market Analysis
6.9.1. Market Size & Forecast - Value
6.9.2. Y-o-Y Growth
6.9.3. Absolute $ Opportunity
6.10. Medical Application Market Analysis
6.10.1. Market Size & Forecast - Value
6.10.2. Y-o-Y Growth Rate Analysis
6.10.3. Absolute $ Opportunity
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Key Geographies Covered
Western Europe, North America, Asia-Pacific, Latin America, Eastern Europe and Middle East & Africa (MEA),
Other Key Topics
- New raw material sources, standards & Certification, segmental performance
Examples of key Companies Covered
BASF, DOW, Novamont, Natureworks, Metabolix Inc., Corbion, Biome Technologies
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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