Biodegradable Polymers Market
Biodegradable Polymers Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Biodegradable Polymers Market Size and Growth
The global biodegradable polymers market is expected to grow at a CAGR of 14.5% from 2021 to 2026, reaching a market size of $1.2 billion by the end of the forecast period. Factors such as increasing environmental concerns and stringent regulations are driving the demand for biodegradable polymers. Request
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Companies Covered (Covid 19 Impact Covered)
◍ Arkema
◍ BASF
◍ NatureWorks
◍ Novamont
◍ Plantic
Competitive landscape in Biodegradable Polymers Market includes key players like Arkema, BASF, NatureWorks, Novamont, Plantic. These companies offer a variety of biodegradable polymer products for packaging, agriculture, and consumer goods sectors, contributing to the market's growth. Sales revenue figures: NatureWorks $1.6 billion, BASF $62.7 billion, Novamont $200 million.
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Market Segmentation
By Application
◍ Pharmaceutical
◍ Agricultural
◍ Biomedical
◍ Packaging
◍ Others
By Product
◍ Synthetic Biodegradable Polymers
◍ Natural Biodegradable Polymers
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$ X Billion USD
Market Growth
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