Global Biodegradable Plastics (Starch Based, PLA, PHA, PBAT and PBS) Market, Opportunities, Trends, and Forecast 2018-2023 - ResearchAndMarkets.com
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.
DriversGrowing automotive and packaging industry Increased demand from Asia Pacific
RestraintsLow penetration in underdeveloped countries Availability of cheaper alternatives
OpportunitiesLarge 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
Vendor ProfilesBASF Arkema Corbion Cargill DowDuPont
Customers ProfilesUPF Technologies Fiat Chrysler Automobiles N.V. (FCA) General Electric (GE) Toyota Philips
Companies to Watch forBASF
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/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/31/2019 05:48 AM/DISC: 01/31/2019 05:48 AM