Global Biodegradable Polymers Market to Witness Impressive Growth, Revenue to Surge to USD 51.38 Billion By 2032

According to the report, the global Biodegradable Polymers market size was valued at approximately USD 9.10 billion in 2023 and is predicted to reach around USD 51.38 billion by the end of 2032, expanding at a CAGR of around 21.2% from 2024 to 2032.

The study covers forecast and analysis for the Biodegradable Polymers market global. The study includes drivers and restraints for the Biodegradable Polymers market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Biodegradable Polymers market.

In order to give the users of this report a comprehensive view on the Biodegradable Polymers market, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the Biodegradable Polymers market has also been included. The study enclosed a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate, and general attractiveness.

Biodegradable polymers are segmented based on their structure and occurrence. Based on the structure, the global biodegradable polymers market is classified as agro-polymers and biopolymers. Further, the agro-polymers segment is divided into polysaccharides, protein, collagen, gelatin, and gluten. The biopolymer segment is classified as polyhydroxy butyrate and polylactic acid, which are obtained by microbial and conventional synthesis. The end-use of the biodegradable polymers products are agriculture, textiles, packaging, healthcare, and electronics sectors.

Geographically, Europe is leading the worldwide biodegradable polymers market thanks to high demand from the packaging industry and various establishments of varied manufacturing units. Further, North America stands second within the market rankings thanks to the significant growth of the polymer industries within the region. The Asia Pacific may boost the expansion of the market due to the rising economy and rapid urbanization.

Some of the major players dominating the global biodegradable polymers market are BASF, Bio Corp. Inc., Biomer, Earthshell Corporation, Plaxica, Cereplast, Innovia Films Pvt. Ltd., Metabolix, Pyramid Bioplastics, Danimer Scientific, Galactic SA, Natureworks LLC, Polyone, Fkur Plastics Corp., and Purac America.

Browse the full “Biodegradable Polymers Market By Structure (Agro-polymers and Biopolymers), By End-User (Agriculture, Textiles, Healthcare, Packaging, Electronics, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032” Report at https://www.zionmarketresearch.com/report/biodegradable-polymers-market

The global Biodegradable Polymers Market is segmented as follows:

By Structure

• Agro-polymers
• Biopolymers

By End-User

• Agriculture
• Textiles
• Healthcare
• Packaging
• Electronics
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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