Biodegradable Plastics and Polymers Market
Biodegradable Plastics and Polymers Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Biodegradable Plastics and Polymers Market Size and Growth
The global biodegradable plastics and polymers market is projected to experience significant growth due to increasing environmental concerns and stringent regulations on plastic waste. The market size is expected to reach $6.8 billion by 2025, driven by a shift towards sustainable packaging solutions and growing demand for eco-friendly materials.
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Companies Covered (Covid 19 Impact Covered)
◍ BASF
◍ Eastman
◍ Showa Denko
◍ DuPont
◍ Kingfa
◍ Mitsubishi Chemical
◍ Meredian
◍ Tianjin GreenBio Materials
◍ Biomer
◍ Metabolix
◍ Yifan Xinfu Pharmaceutical
◍ Ecomann
◍ Anqing Hexing
◍ SJBRT Chemical
The global biodegradable plastics and polymers market is highly competitive with key players such as BASF, Eastman, Showa Denko, DuPont, Kingfa, Mitsubishi Chemical, Meredian, Tianjin GreenBio Materials, Biomer, Metabolix, Yifan Xinfu Pharmaceutical, Ecomann, Anqing Hexing, and SJBRT Chemical. These companies offer a range of biodegradable solutions for various industries, helping to drive the market growth.
- BASF reported sales revenue of $35.6 billion in 2020.
- DuPont reported sales revenue of $21.5 billion in 2020.
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Market Segmentation
By Application
◍ Plastic Bags
◍ Loose Packing Material Packaging
◍ Pharmaceutical Packaging
◍ Paper Coated
◍ Others
By Product
◍ PLA
◍ PHA
◍ Others
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$ X Billion USD
Market Growth
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