Europe Biodegradable Plastics Market Size | Industry Report According to the latest report by IMARC Group, titled, “Europe Bio-degradable Plastic Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, provide the europe bio-degradable plastic market expected to grow at a CAGR of around 12% during (2021-2026).The report provides a detailed analysis of the market by product type, end use industry, geography) Also, the report analyzes the market’s competitive landscape.
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Download free sample of the report: https://www.imarcgroup.com/europe-bio-degradable-plastic-market/requestsample
Industry Definition and Application:
Bio-degradable plastics or bioplastics are designed to be decomposed upon exposure to microorganisms into water, carbon dioxide, and biomass under specific conditions. They are primarily produced using all-natural plant- or animal-based raw materials, such as orange peels, soybeans, switchgrass, etc. Some of the different types of bio-degradable plastics like Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), etc., help to reduce carbon dioxide emissions, lower manufacturing costs, and minimize waste production levels. As a result, bio-degradable plastics are widely used across various industries, such as food and beverages, pharmaceuticals, personal and home care, textile, etc.
Browse full report with TOC: https://www.imarcgroup.com/europe-bio-degradable-plastic-market
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
Increasing consumer concerns towards the detrimental impact of synthetic plastics on the environment are primarily driving the demand for bio-degradable plastics in Europe. Additionally, the changing preferences from single-use plastic towards recyclable and eco-friendly alternatives that reduce carbon footprints, are also propelling the Europe bio-degradable plastics market. This is further supported by implementation of stringent regulations by the European Commission against single-use plastics. Besides this, the continuous replacement of conventional plastics with bio-degradable boxes, cups, plates, etc., in the foodservice sector is also augmenting the market growth. Moreover, the emerging e-commerce industry is increasingly adopting bioplastic packaging solutions to support ecological sustainability and reduce landfills. In the coming years, continuous technological innovations and extensive R&D activities aimed at enhancing the durability and heat-resistance of bioplastics will continue to drive market growth across the region.
Europe Bio-degradable Plastic Market Segmentation:
The report has segmented the market on the basis on region, product type, end use industry.
Breakup by Product Type:
- PBAT
- Bio-Degradable Polyesters
- PBS
- PHA
- PLA
- Starch Based
- Others
Breakup by End Use Industry:
- Food
- Beverage
- Pharmaceuticals
- Personal Care and Home Care
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Who are the Major Europe Bio-degradable Plastic Market Key players?
The report provides a detailed analysis of europe bio-degradable plastic market leaders, including.
API SpA, BASF SE, Biome Bioplastics (Biome Technologies plc), FKuR Kunstatoff GmbH, Kingfa Sci. & Tech. Co., Ltd, Mitsubishi Chemical Corporation, Natureworks LLC (Cargill Incorporated), Novamont S.p.A, Plantic (Kuraray Co., Ltd) and Toray Industries Inc.
Related Report by IMARC Group:
Microporous Insulation Market Report: https://www.imarcgroup.com/microporous-insulation-market
Europe Biostimulants Market Report: https://www.imarcgroup.com/europe-biostimulants-market
Zeolite Molecular Sieve Market Report: https://www.imarcgroup.com/zeolite-molecular-sieve-market
Europe Caustic Potash Market Report: https://www.imarcgroup.com/europe-caustic-potash-market
Latin America Crop Protection Chemicals Market Report: https://www.imarcgroup.com/latin-america-crop-protection-chemicals-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
Olivia Anderson
Marketing Manager
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
LinkedIn: https://in.linkedin.com/company/imarc-group