Europe Biodegradable Market, By Product Type (Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), and Others), By End User Industry (Packaging, Agriculture, Textile, and Others), By Country, Competition Forecast & Opportunities, 2028
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEurope Biodegradable Market, By Product Type (Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), and Others), By End User Industry (Packaging, Agriculture, Textile, and Others), By Country, Competition Forecast & Opportunities, 2028
Europe Biodegradable Plastics Market is anticipated to observe impressive growth during the forecast period, 2024-2028. Population growth in the area and increasing demand for plastic items are driving more plastic manufacturing and garbage disposal.
High Demand from Food Packaging Application
Awareness to Reduce Plastic Waste Across Europe
The Growing economic rift across Europe suggests investors to have keen participation in nation building through the invention and development of Green and sustainable utilization of plastic waste which triggers small, medium, and large market players to push their product development strategies towards manufacturing Biodegradable Plastics. To raise the demand for recycled plastic content and increase the marketability of plastics used in packaging, new guidelines are developed. A better and more consistent system for the separate collection and sorting of garbage across the EU is implemented together with the enhanced recycling facilities that are created because of excessive collection of plastic.
Recent Trends & Developments
Researchers at the University of Massachusetts Amherst and the University of California, Berkeley have developed a new method that involves putting polyester-eating enzymes in plastic as it is being produced. Enzymes that consume polyester are incorporated into the plastic during manufacturing as part of a new method for decomposing biodegradable plastics. When the enzyme is exposed to heat and water, it sheds its polymer covering and begins chewing on the plastic polymer, breaking it down into its constituent parts, in this example breaking down PLA into lactic acid, which can feed the soil bacteria in compost.
Market Segmentation
Europe Biodegradable Plastics market is segmented into Product Type, End User Industry, Country, and Company. Based on Product Type, the market is divided into Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), and Others. Based on the End User Industry, the market is segmented into Packaging, Agriculture, Textile, and Others. In terms of countries, the market is segmented into Germany, France, United Kingdom, Italy, Spain, Finland, Greece, Protugal , Bulgaria and Croatia.
Market Players
Novamont S.p.A., Avantium N.V., Sulapac Ltd., AMSilk GmbH, Bio-On S.p.A., CARBIOS, Eastman Chemicals Company, BASF SE, Mitsubishi Chemical Holdings Company, Solanyl Biopolymers Inc.
|
Attribute |
Details |
|
Base
Year |
2022 |
|
Historic
Data |
2018 – 2021 |
|
Estimated
Year |
2023 |
|
Forecast
Period |
2024 – 2028 |
|
Quantitative
Units |
Revenue in USD Million, Volume in million metric tonnes, CAGR
for 2018-2022 and 2023-2028 |
|
Report
coverage |
Revenue
forecast, Company share, Competitive landscape, Growth factors, and Trends |
|
Segments
covered |
Product Type End User
Industry Country Company |
|
Country
scope |
Germany,
France, United Kingdom, Italy, Spain, Finland, Greece, Portugal, Bulgaria and
Croatia |
|
Key
companies profiled |
Novamont S.p.A., Avantium N.V., Sulapac Ltd., AMSilk GmbH,
Bio-On S.p.A., CARBIOS, Eastman Chemicals Company, BASF SE, Mitsubishi
Chemical Holdings Company, Solanyl Biopolymers Inc. |
|
Customization
scope |
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
|
Pricing
and purchase options |
Avail customized purchase options to meet your exact research
needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request) |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy