Europe Bio-Degradable Plastic Market Growth, Demand and Challenges of the Key Industry Players 2023-28

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Europe Bio-Degradable Plastic Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Europe Bio-Degradable Plastic Market Research
Report The latest report by IMARC, titled
Europe Bio-Degradable Plastic Market Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 finds that the Europe
bio-degradable plastic market is expected to grow
at a CAGR of 12.1 during 2023-2028.
Bio-degradable plastic, or bioplastic, refers
to plant-based plastic that does not harm the
environment. It is manufactured from molecules
that can break down naturally. It is formed from
plant- or animal-based raw materials, including
orange peels, corn oil, switchgrass, or
petrochemicals that contain bio-degradable
additives. Bio-degradable plastic is decomposed
by microorganisms, such as bacteria and fungi,
into water, carbon dioxide and biomass. As a
result, it finds applications across food and
beverage, pharmaceuticals, personal and home
care, consumer goods, and textile
industries. Request Free Sample Report
https//www.imarcgroup.com/europe-bio-degradable-p
lastic-market/requestsample
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Report Description and Highlights
Report Description

Europe Bio-Degradable Plastic Market Trends The
Europe bio-degradable plastic market is primarily
driven by the rising awareness regarding the
negative effects of plastic waste. Single-use
plastic produces greenhouse gases during
decomposition and takes a decade to break down or
degrade, which is harmful to the environment. As
a result, consumers are willing to pay more for
bio-degradable plastic owing to its eco-friendly
nature. Besides this, the European Union (EU) has
prohibited the use of single-use plastic and is
promoting the use of bio-degradable plastics in
various industry verticals. In addition,
bio-degradable plastics are increasingly used in
the packaging industry to manufacture boxes,
cups, and plates to reduce the carbon footprint.
They are also utilized in the e-commerce
industry, which is positively impacting the
demand for bio-degradable plastics in the region.
Furthermore, there has been growing research and
development (RD) activities to enhance the
durability and resistance of bioplastics, which
are creating a positive market outlook. Looking
forward, the market value is projected to reach a
strong growth during the forecast period
(2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Product Type
PBAT Bio-Degradable Polyesters
PBS PHA PLA Starc
h Based Others Breakup by End Use Indus
try Food Beverage P
harmaceuticals Personal Care and Home Ca
re Others Breakup by Country
Germany

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Report Description and Highlights
Report Description
France United Kingdom
Italy
Spain Others

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• API SpA BASF SE Biome Bioplastics (Biome Technolog
  ies plc) FKuR Kunstatoff GmbH Kingfa Sci. Tech.
  Co. Ltd Mitsubishi Chemical Corporation Naturework
  s LLC (Cargill Incorporated) Novamont S.p.A Planti
  c (Kuraray Co. Ltd) Toray Industries Inc.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/europe-bio-degradable-p
  lastic-market

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Partial List of Clients
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world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
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