Download a Sample Report Now for more highlights on the market size, YOY growth rates, growth momentum, and other important statistics about the market.
Vendor Landscape
The biodegradable polymers market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The market is characterized by the presence of large and small-scale vendors that offer products to the end-user industries, which include packaging, electronics, and automotive. Vendors are competing based on innovation, price, operational costs, and product quality. The established vendors have strong customer support capabilities, financial abilities, and technical expertise for product development.
Technavio identifies Arkema SA, BASF SE, Braskem SA, DuPont de Nemours Inc., Evonik Industries AG, Koninklijke DSM NV, NatureWorks LLC, Novamont SpA, Plantic Technologies Ltd., and Toray Industries Inc. as some of the major market participants. Although the enhanced consumer appeal of eco-friendly packaging, government emphasis on efficient plastic waste management, and the emergence of bio-based and renewable raw materials will offer immense growth opportunities, difficulty in labeling and lack of consumer education, the cost-effectiveness of conventional plastic over biodegradable polymers, and complexity in adopting biodegradable polymers over synthetic polymers will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
View Our Sample Report for more insights into the vendor landscape and the factors impacting their growth.
Biodegradable Polymers Market 2021-2025: Segmentation
The global biodegradable polymers market is segmented as below:
- Product
- PLA
- Starch-based Polymer
- Others
The demand for PLA biodegradable polymers has been significant in the market. The growing consumer appeal for biodegradable polymers in the packaging of deli and fresh consumables has been crucial in driving the growth of the segment.
- End-User
- Food Packaging
- Foam Packaging
- Biodegradable Bags
- Agriculture
- Others
The food packaging industry is the prime end-user in the market. The increasing use of biopolymers for packaging beverages, packaging material (for food), and caps is driving the growth of the segment. In addition, the rising demand for packaged food products, coupled with the growth of e-commerce businesses is contributing to the growth of the segment.
- Geography
- Europe
- North America
- APAC
- South America
- MEA
About 36% of the market growth is expected to originate in Europe during the forecast period. The re-emergence of small and medium-sized enterprises (SMEs) in the food processing industry in the region will have a positive impact on the regional market. In addition, the introduction of government initiatives to promote the use of bio-based or biodegradable polymers through the provision of subsidies has been a significant driving factor for the biodegradable polymer market in Europe.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our biodegradable polymers market report covers the following areas:
Biodegradable Polymers Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the biodegradable polymers market. Backed with competitive intelligence and benchmarking, our research report on the biodegradable polymers market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Biodegradable Polymers Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist biodegradable polymers market growth during the next five years
- Estimation of the biodegradable polymers market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the biodegradable polymers market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of biodegradable polymers market vendors
Related Reports:
Biodegradable Polymers Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.59% |
Market growth 2021-2025 |
USD 817.05 million |
Market structure |
Fragmented |
YoY growth (%) |
4.07 |
Regional analysis |
Europe, North America, APAC, South America, and MEA |
Performing market contribution |
Europe at 36% |
Key consumer countries |
US, Germany, UK, France, and China |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Arkema SA, BASF SE, Braskem SA, DuPont de Nemours Inc., Evonik Industries AG, Koninklijke DSM NV, NatureWorks LLC, Novamont SpA, Plantic Technologies Ltd., and Toray Industries Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value Chain Analysis - Commodity Chemicals Market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces analysis
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 15: Product - Market share 2020-2025 (%)
- 5.2 Comparison by Product
- Exhibit 16: Comparison by Product
- 5.3 PLA - Market size and forecast 2020-2025
- Exhibit 17: PLA - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: PLA - Year-over-year growth 2020-2025 (%)
- 5.4 Starch-based polymer - Market size and forecast 2020-2025
- Exhibit 19: Starch-based polymer - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Starch-based polymer - Year-over-year growth 2020-2025 (%)
- 5.5 Others - Market size and forecast 2020-2025
- Exhibit 21: Others - Market size and forecast 2020-2025 ($ million)
- Exhibit 22: Others - Year-over-year growth 2020-2025 (%)
- 5.6 Market opportunity by Product
- Exhibit 23: Market opportunity by Product
6 Market Segmentation by End-user
- 6.2 Comparison by End-user
- 6.3 Food packaging - Market size and forecast 2020-2025
- Exhibit 26: Food packaging - Market size and forecast 2020-2025 ($ million)
- Exhibit 27: Food packaging - Year-over-year growth 2020-2025 (%)
- 6.4 Foam packaging - Market size and forecast 2020-2025
- Exhibit 28: Foam packaging - Market size and forecast 2020-2025 ($ million)
- Exhibit 29: Foam packaging - Year-over-year growth 2020-2025 (%)
- 6.5 Biodegradable bags - Market size and forecast 2020-2025
- Exhibit 30: Biodegradable bags - Market size and forecast 2020-2025 ($ million)
- Exhibit 31: Biodegradable bags - Year-over-year growth 2020-2025 (%)
- 6.6 Agriculture - Market size and forecast 2020-2025
- Exhibit 32: Agriculture - Market size and forecast 2020-2025 ($ million)
- Exhibit 33: Agriculture - Year-over-year growth 2020-2025 (%)
- 6.7 Others - Market size and forecast 2020-2025
- 6.8 Market opportunity by End-user
7 Customer landscape
- 7.1 Customer landscape
- Exhibit 37: Customer landscape
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 38: Market share by geography 2020-2025 (%)
- 8.2 Geographic comparison
- Exhibit 39: Geographic comparison
- 8.3 Europe - Market size and forecast 2020-2025
- Exhibit 40: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 41: Europe - Year-over-year growth 2020-2025 (%)
- 8.4 North America - Market size and forecast 2020-2025
- Exhibit 42: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 43: North America - Year-over-year growth 2020-2025 (%)
- 8.5 APAC - Market size and forecast 2020-2025
- Exhibit 44: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 45: APAC - Year-over-year growth 2020-2025 (%)
- 8.6 South America - Market size and forecast 2020-2025
- Exhibit 46: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 47: South America - Year-over-year growth 2020-2025 (%)
- 8.7 MEA - Market size and forecast 2020-2025
- Exhibit 48: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 49: MEA - Year-over-year growth 2020-2025 (%)
- 8.8 Key leading countries
- Exhibit 50: Key leading countries
- 8.9 Market opportunity by geography
- Exhibit 51: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.2 Market challenges
- Exhibit 52: Impact of drivers and challenges
10 Vendor Landscape
- 10.1 Overview
- Exhibit 53: Vendor landscape
- 10.2 Landscape disruption
- Exhibit 54: Landscape disruption
- Exhibit 55: Industry risks
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 56: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 57: Market positioning of vendors
- 11.3 Arkema SA
- Exhibit 58: Arkema SA - Overview
- Exhibit 59: Arkema SA - Business segments
- Exhibit 60: Arkema SA-Key news
- Exhibit 61: Arkema SA - Key offerings
- Exhibit 62: Arkema SA - Segment focus
- 11.4 BASF SE
- Exhibit 63: BASF SE - Overview
- Exhibit 64: BASF SE - Business segments
- Exhibit 65: BASF SE -Key news
- Exhibit 66: BASF SE - Key offerings
- Exhibit 67: BASF SE - Segment focus
- 11.5 Braskem SA
- Exhibit 68: Braskem SA - Overview
- Exhibit 69: Braskem SA - Business segments
- Exhibit 70: Braskem SA - Key offerings
- Exhibit 71: Braskem SA - Segment focus
- 11.6 DuPont de Nemours Inc.
- Exhibit 72: DuPont de Nemours Inc. - Overview
- Exhibit 73: DuPont de Nemours Inc. - Business segments
- Exhibit 74: DuPont de Nemours Inc.-Key news
- Exhibit 75: DuPont de Nemours Inc. - Key offerings
- Exhibit 76: DuPont de Nemours Inc. - Segment focus
- 11.7 Evonik Industries AG
- Exhibit 77: Evonik Industries AG - Overview
- Exhibit 78: Evonik Industries AG - Business segments
- Exhibit 79: Evonik Industries AG-Key news
- Exhibit 80: Evonik Industries AG - Key offerings
- Exhibit 81: Evonik Industries AG - Segment focus
- 11.8 Koninklijke DSM NV
- Exhibit 82: Koninklijke DSM NV - Overview
- Exhibit 83: Koninklijke DSM NV - Business segments
- Exhibit 84: Koninklijke DSM NV- Key news
- Exhibit 85: Koninklijke DSM NV - Key offerings
- Exhibit 86: Koninklijke DSM NV - Segment focus
- 11.9 NatureWorks LLC
- Exhibit 87: NatureWorks LLC - Overview
- Exhibit 88: NatureWorks LLC - Product and service
- Exhibit 89: NatureWorks LLC - Key offerings
- 11.10 Novamont SpA
- Exhibit 90: Novamont SpA - Overview
- Exhibit 91: Novamont SpA - Product and service
- Exhibit 92: Novamont SpA- Key news
- Exhibit 93: Novamont SpA - Key offerings
- 11.11 Plantic Technologies Ltd.
- Exhibit 94: Plantic Technologies Ltd. - Overview
- Exhibit 95: Plantic Technologies Ltd. - Product and service
- Exhibit 96: Plantic Technologies Ltd.-Key news
- Exhibit 97: Plantic Technologies Ltd. - Key offerings
- 11.12 Toray Industries Inc.
- Exhibit 98: Toray Industries Inc. - Overview
- Exhibit 99: Toray Industries Inc. - Business segments
- Exhibit 100: Toray Industries Inc. - Key offerings
- Exhibit 101: Toray Industries Inc. - Segment focus
12 Appendix
- 12.2 Currency conversion rates for US$
- Exhibit 102: Currency conversion rates for US$
- 12.3 Research methodology
- Exhibit 103: Research Methodology
- Exhibit 104: Validation techniques employed for market sizing
- Exhibit 105: Information sources
- 12.4 List of abbreviations
- Exhibit 106: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article