Europe Biodegradable Plastic Market to 2027 - Regional Analysis and Forecasts by Type (PLA, PHA, Starch Blends, PBS, PBAT, and Others), End User (Packaging and Bags, Agriculture & Horticulture, Consumer Goods, and Others), and Countries
The Europe biodegradable plastic market is accounted to US$ 980.0 Mn in 2018 and is expected to grow at a CAGR of 14.4% during the forecast period 2019 – 2027, to account to US$ 3,286.9 Mn by 2027.
Germany is dominating the Europe biodegradable plastic market followed by France. Germany is considered to be one of the major economies in Europe, where the consumption of bioplastics has increased at the rapid rate. It is amongst the first who has provided certification related to biodegradable plastics. The demand for bio-degradable plastic is rising so as to promote environment sustainability. Moreover, being an eco-friendly substitute of conventional plastic, they are increasingly being demanded by the end use industries.
Get more information on this report : Europe Biodegradable Plastic Market
Market Insights
Growing awareness of the adverse effects attributed to conventional plastics to favor the biodegradable plastic market in Europe
The customers in countries of Europe have been educated of the ill effects of conventional plastics on their lifestyle and the environment. Various organizations are working toward bringing transformation in the handling of plastics, through strategic planning, communication, consumer awareness campaigns, documentary films, education, cleanup campaigns, raising business awareness, scientific research, entrepreneurial innovation, legislation, and sustainability. The key aim is to increase the understanding of users regarding plastic pollution, thereby encouraging the invention of more sustainable solutions, and empowerment of more people and business organizations to take action to stop plastic pollution. Therefore, the revolution in consumer demand on the basis of environmental awareness, packaging convenience, and sustainable plastic production systems is boosting the global biodegradable plastic market growth.
Type Insights
Based on type, the Europe biodegradable plastic market is bifurcated as PHA, PLA, starch blends, biodegradable polyesters and others. The starch blend segment dominated the Europe biodegradable plastic market. The starch blend polymer bio-blends are the biodegradable polymeric materials which are composed of cellulosic-based biomaterials which can be degraded by enzymes and microorganisms. The combination of polyolefin and starch gives a single material with the biodegradation properties of starch with the mechanical, thermal and barrier properties of polyolefin. Starch has been noticing increasing attention as raw material for the manufacturing of films due to the lack of the availability of the conventional film-forming resins. The low permeability of starch films has made it an element of choice for the food packaging application.
End User Insights
The Europe Biodegradable Plastic market is bifurcated based on end user into packaging and bags, agriculture and horticulture, consumer goods, textile and others. The packaging and bags segment accounted for the largest share in the Europe biodegradable plastic market. The biodegradable plastics have found a profound place in the packaging and bags sector considering the growing demand for biodegradable plastic from the packaging sector due to its properties like being stronger and convenient to use as compared to the traditional plastics. Rigid packaging is implemented by manufacturers of cosmetic goods, as well as beverage bottles, among others. Materials including bio-PE, PLA, or bio-PET, are commonly used in rigid biodegradable plastic packaging.
Exhibit: Reset of Europe Biodegradable Plastic Market by Type Get more information on this report :
Strategic Insights
New product development and strategy and business planning were observed as the most adopted strategies in Europe biodegradable plastic market. Few of the recent developments in the Europe Biodegradable plastic market are listed below:
2018: Biome Bioplastics opens new research unit in Southampton to support Biome’s work in developing bio-based and compostable alternatives to oil-based plastics owing to the increased demand of biodegradable plastic
2019: NatureWorks LLC successfully processed a multilayer transparent bio-based barrier film.
EUROPE BIODEGRADABLE PLASTIC MARKET SEGMENTATION
By Type
- PHA
- PLA
- Starch Blends
- Biodegradable Polyesters
- Others
By End User
- Packaging and Bags
- Agriculture and Horticulture
- Consumer Goods
- Textile
- Others
By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Company Profiles
- API SpA
- BASF S.E.
- FKuR Kunststoff GmbH
- Biome Bioplastics
- Novamont S.p.A.
- Kingfa Sci. & Tech. Co., Ltd.
- NatureWorks LLC.
- Mitsubishi Chemical Corporation
- Plantic Technologies Limited
- Total Corbion PLA
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Biodegradable Plastic Market – By Type
1.3.2 Europe Biodegradable Plastic Market – By End-User
1.3.3 Europe Biodegradable Plastic Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Biodegradable Plastic Market Landscape
4.1 Market Overview
4.1.1 Europe PEST analysis
5. Biodegradable Plastic Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Education of the adverse effects attributed to conventional plastics
5.1.2 Clean up efforts taken up by the European governments
5.2 Restraints
5.2.1 Cheaper alternatives like conventional plastics
5.3 Opportunity
5.3.1 Surge in need for sustainable packaging solutions
5.4 Future trends
5.4.1 Implementation of biodegradable plastic in biomedical applications
5.5 Impact Analysis of Drivers and Restraints
6. Biodegradable Plastic – Europe Market Analysis
6.1 Europe Biodegradable Plastic Market Overview
6.2 Europe Biodegradable Plastic Market Forecast and Analysis
7. Europe Biodegradable Plastic Market Analysis – By Type
7.1 Overview
7.2 Europe Biodegradable Plastic Market Breakdown, By Type, 2018 & 2027
7.3 PHA
7.3.1 Overview
7.3.2 Europe PHA Market Revenue and Forecasts To 2027 (US$ Mn)
7.4 PLA
7.4.1 Overview
7.4.2 Europe PLA Market Revenue and Forecasts To 2027 (US$ Mn)
7.5 Starch Blends
7.5.1 Overview
7.5.2 Europe Starch Blends Market Revenue and Forecasts To 2027 (US$ Mn)
7.6 PBS
7.6.1 Overview
7.6.2 Europe PBS Market Revenue and Forecasts To 2027 (US$ Mn)
7.7 PBAT
7.7.1 Overview
7.7.2 Europe PBAT Market Revenue and Forecasts To 2027 (US$ Mn)
7.8 Other
7.8.1 Overview
7.8.2 Europe Other Types Market Revenue and Forecasts To 2027 (US$ Mn)
8. Europe Biodegradable Plastic Market Analysis – By End-User
8.1 Overview
8.2 Europe Biodegradable Plastic Market Breakdown, By end-user, 2018 & 2027
8.3 Packaging & Bags
8.3.1 Overview
8.3.2 Europe Packaging & Bags Market Revenue and Forecasts To 2027 (US$ Mn)
8.4 Agriculture & Horticulture
8.4.1 Overview
8.4.2 Europe Agriculture & Horticulture Market Revenue and Forecasts To 2027 (US$ Mn)
8.5 Consumer Goods
8.5.1 Overview
8.5.2 Europe Consumer Goods Market Revenue and Forecasts To 2027 (US$ Mn)
8.6 Other
8.6.1 Overview
8.6.2 Europe Other End-Users Market Revenue and Forecasts To 2027 (US$ Mn)
9. Biodegradable Plastic Market – Country Analysis
9.1 Overview
9.1.1 Europe Biodegradable Plastic Market Breakdown, by Key Countries
9.1.1.1 Germany Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
9.1.1.1.1 Germany Biodegradable Plastic Market Breakdown by Type
9.1.1.1.2 Germany Biodegradable Plastic Market Breakdown by End User
9.1.1.2 France Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
9.1.1.2.1 France Biodegradable Plastic Market Breakdown by Type
9.1.1.2.2 France Biodegradable Plastic Market Breakdown by End User
9.1.1.3 Italy Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
9.1.1.3.1 Italy Biodegradable Plastics Market Breakdown by Type
9.1.1.3.2 Italy Biodegradable Plastics Market Breakdown by End User
9.1.1.4 UK Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
9.1.1.4.1 UK Biodegradable Plastics Market Breakdown by Type
9.1.1.4.2 UK Biodegradable Plastics Market Breakdown by End user
9.1.1.5 Russia Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
9.1.1.5.1 Russia Biodegradable Plastics Market Breakdown by Type
9.1.1.5.2 Russia Biodegradable Plastics Market Breakdown by End User
9.1.1.6 Rest of Europe Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
9.1.1.6.1 Rest Of Europe Biodegradable plastics Market Breakdown by Type
9.1.1.6.2 Rest Of Europe Biodegradable plastics Market Breakdown by End user
10. Industry Landscape
10.1 Overview
10.2 Strategy And Business Planning
10.3 New Development
11. Company Profiles
11.1 API SpA
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 BASF S.E.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 FKuR Kunststoff GmbH
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Biome Bioplastics
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Novamont S.p.A.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 Kingfa Sci. & Tech. Co., Ltd.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.7 NatureWorks LLC.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Mitsubishi Chemical Corporation
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.9 Plantic Technologies Limited
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.10 Total Corbion PLA
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
12. Appendix
12.1 About the Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Europe Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Europe Biodegradable Plastic Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 3. Europe Biodegradable Plastic Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
Table 4. Germany Biodegradable Plastic Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 5. Germany Biodegradable Plastic Market Revenue and Forecasts to 2027 – By End User (US$ Mn)
Table 6. France Biodegradable Plastic Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 7. France Biodegradable Plastic Market Revenue and Forecasts to 2027 – By End User (US$ Mn)
Table 8. Italy Biodegradable Plastics Market Revenue Forecasts To 2027 – By Type (US$ Mn)
Table 9. Italy Biodegradable Plastics Market Revenue And Forecasts To 2027 – By End user (US$ Mn)
Table 10. UK Biodegradable Plastics Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 11. UK Biodegradable Plastics Market Revenue Forecasts To 2027 – By End user (US$ Mn)
Table 12. Russia Biodegradable Plastics Market Revenue Forecasts To 2027 – By Type (US$ Mn)
Table 13. Russia Biodegradable Plastics Market Revenue Forecasts To 2027 – By End User (US$ Mn)
Table 14. Rest Of Europe Biodegradable plastics Market Revenue Forecasts To 2027 – By Type (US$ Mn)
Table 15. Rest Of Europe Biodegradable plastics Market Revenue Forecasts To 2027 – By End user (US$ Mn)
Table 16. Glossary of Terms, Biodegradable plastic Market
LIST OF FIGURES
Figure 1. Europe Biodegradable Plastic Market Segmentations
Figure 2. Europe Biodegradable Plastic Market Segmentation – By Country
Figure 3. Europe Biodegradable Plastic Market Overview
Figure 5. PACKAGING & BAGS HELD LARGEST SHARE IN THE EUROPE BIODEGRADABLE PLASTIC MARKET BY END-USER
Figure 6. Germany Dominated The Europe Biodegradable Plastic Market In 2018
Figure 7. Europe Biodegradable Plastic Market, Industry Landscape
Figure 8. Europe – PEST Analysis
Figure 9. Europe Biodegradable Plastic Market Impact Analysis of Driver and Restraints
Figure 10. Europe Biodegradable Plastic Market Forecast And Analysis, (US$ Mn)
Figure 11. Europe Biodegradable Plastic Market Breakdown by Type, 2018 & 2027 (%)
Figure 12. Europe PHA Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 13. Europe PLA Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 14. Europe Starch Blends Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 15. Europe PBS Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 16. Europe PBAT Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 17. Europe Other Types Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 18. Europe Biodegradable Plastic Market Breakdown by End-User, 2018 & 2027 (%)
Figure 19. Europe Packaging & Bags Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 20. Europe Agriculture & Horticulture Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 21. Europe Consumer Goods Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 22. Europe Other End-Users Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 23. Europe Biodegradable Plastic market Breakdown by Key Countries, 2018 & 2027(%)
Figure 24. Germany Biodegradable Plastic Market and Forecasts to 2027 (US$ MN)
Figure 25. France Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
Figure 26. Italy Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
Figure 27. UK Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
Figure 28. Russia Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
Figure 29. Rest of Europe Biodegradable Plastic Market Revenue and Forecasts to 2027 (US$ MN)
The List of Companies
- API SpA
- BASF S.E.
- FKuR Kunststoff GmbH
- Biome Bioplastics
- Novamont S.p.A.
- Kingfa Sci. & Tech. Co., Ltd.
- NatureWorks LLC.
- Mitsubishi Chemical Corporation
- Plantic Technologies Limited
- Total Corbion PLA
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe biodegradable plastic market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.