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Global Biodegradable Plastics (Starch Based, PLA, PHA, PBAT and PBS) Market, Opportunities, Trends, and Forecast 2018-2023 - ResearchAndMarkets.com

January 31, 2019

DUBLIN--(BUSINESS WIRE)--Jan 31, 2019--The “Biodegradable Plastics Market By Type (Starch Based, PLA, PHA, PBAT and PBS) By End Users (Packaging, Agriculture, Consumer Goods and others) and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

Biodegradable plastics are widely utilized in various applications like packaging, agriculture, consumer goods, and others. The manufacturers are focusing towards innovation to capture more of the market share. The demand for biodegradable plastics is increasing owing to the increased awareness about environment and reducing the plastic waste.

Europe dominates the market currently and is also expected to grow during the forecast period due to intense demand. Asia Pacific is expected to accelerate in the market during the forecast period.

Some of the prominent key players in the biodegradable plastics market are Arkema, BASF, Corbion, DowDuPont, and Cargill.

Market Dynamics

Drivers

Growing automotive and packaging industry Increased demand from Asia Pacific

Restraints

Low penetration in underdeveloped countries Availability of cheaper alternatives

Opportunities

Large untapped market in developing and underdeveloped countries Demand for carbon dioxide-based polyols

Scope of the Report

Types:

Starch-based PLA PBS PBAT PHA Others

End Users:

Packaging Agriculture Consumer Goods Others

Competitive Landscape

Vendor Profiles

BASF Arkema Corbion Cargill DowDuPont

Customers Profiles

UPF Technologies Fiat Chrysler Automobiles N.V. (FCA) General Electric (GE) Toyota Philips

Companies to Watch for

BASF

For more information about this report visit https://www.researchandmarkets.com/research/8x2w35/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190131005384/en/

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Related Topics:Plastics

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SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/31/2019 05:48 AM/DISC: 01/31/2019 05:48 AM

http://www.businesswire.com/news/home/20190131005384/en

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