Global Degradable Resin Market
Automotive Adhesives & Sealants Market Overview
Degradable resin are polymer that can decompose naturally through biological processes, such as microbial action, into water, carbon dioxide, and biomass. These resin are designed to reduce environmental pollution caused by conventional plastic. The global degradable resin market includes various types of biodegradable polymer, such as polylactic acid (PLA), polybutylene succinate (PBS), polybutylene terephthalate adipate (PBTA), and others. These material are widely used in application like food packaging, medical device, and agricultural film. The market is driven by increasing consumer awareness of environmental sustainability and government initiative promoting the use of biodegradable material..
Market Value & Growth Projections
Market Value & Growth
Projections: • Market Value in US$ 267 million • Projected Value by 2031h US$ 519 million
CAGR 8.6% (2025-2032)
Market Drivers:
Rising Environmental Concerns and Regulations
Growing Demand for Eco-Friendly Packaging
NatureWorks
Key Market Players
HISUN
Synbra Technology
Mitsubishi Chemical
Regional Market Analysis
North America: The North American market is driven by stringent environmental regulation and high consumer awareness regarding sustainable product. The U.S. and Canada are the major contributor to the market, with increasing adoption of biodegradable material in packaging and agriculture.
Europe: Europe is a leading market for degradable resin, with countries like Germany, France, and the U.K. implementing strict regulation on plastic waste. The region is witnessing significant growth in the use of biodegradable material in food packaging and medical application.
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