The technology in biodegradable plastics have undergone significant changes in recent years, with traditional petroleum based to advanced bio based plastics. The rising wave of new technologies, such as bio-based and oxo-degradable plastics are creating significant potential in packaging, pharmaceutical, and agriculture applications, to reduce VOC emission, and plastic waste.
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In biodegradable plastics market, various technologies, such as oxo-degradable technology, bioplastics or bio-based plastics, and biodegradable plastics from biosphere are used in the packaging, agriculture and horticulture, pharmaceutical, sports and leisure, automotive, construction, and textile applications. Increasing use of biodegradable plastics in packaging, agriculture, and automotive applications, stringent government regulations, and rising awareness about plastic waste are creating new opportunities for various biodegradable plastics technologies.
Lucintel, a leading global management consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in biodegradable plastics market and has now published a comprehensive research report entitled "Technology Landscape, Trends and Opportunities in the Global Biodegradable Plastics Market". This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in biodegradable plastics market.
Lucintel study finds that biodegradable plastics technology is forecast to grow at 12% during next five years. Biodegradable plastic is the largest segment of this market and is growing at above average growth. NatureWorks, BASF, Total Corbion PLA, Mitsubishi Chemical, Biome Bioplastics, Plantic Technologies, Bio-On, Danimer Scientific, Novamont, and Toray Industries are among the major players in the biodegradable plastics market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global biodegradable plastics technology by application, technology, and region as follows:
Technology Readiness by Technology Type
Competitive Intensity and Regulatory Compliance
Disruption Potential by Technology Type

Trends and Forecasts by Technology Type [$M shipment analysis from 2013 to 2024]:
• Oxo-Degradable
• Bio-plastics or Bio-based Plastics
• Biodegradable Plastics from Biosphere

Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
• Packaging
o Oxo-Degradable
o Bioplastics or Bio-based Plastics
o Biodegradable Plastics from Biosphere
• Agriculture and Horticulture
o Oxo-Degradable
o Bioplastics or Bio-based Plastics
o Biodegradable Plastics from Biosphere
• Pharmaceutical
o Oxo-Degradable
o Bioplastics or Bio-based Plastics
o Biodegradable Plastics from Biosphere
• Sports and Leisure
o Oxo-Degradable
o Bioplastics or Bio-based Plastics
o Biodegradable Plastics from Biosphere
• Automotive
o Oxo-Degradable
o Bioplastics or Bio-based Plastics
o Biodegradable Plastics from Biosphere
• Construction
o Oxo-Degradable
o Bioplastics or Bio-based Plastics
o Biodegradable Plastics from Biosphere
• Textile
o Oxo-Degradable
o Bioplastics or Bio-based Plastics
o Biodegradable Plastics from Biosphere
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 to 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– United Kingdom
– Germany
– France
• Asia Pacific
– Japan
– China
– South Korea
– India
• The Rest of the World
Latest Developments and Innovations in the Biodegradable Plastics Technologies
Companies / Ecosystems
Strategic Opportunities by Technology Type
This more than 150-pages of research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/technology-biodegradable-plastics-market.aspx or [email protected]. Lucintel offerings include chemical market research reports, chemical industry analysis report, commercial due diligence report, business strategy consulting and market research reports online.


About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.