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The global Biodegradable Polymers market was valued at US$ 1340.6 million in 2022 and is projected to reach US$ 2076.5 million by 2029, at a CAGR of 6.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Biodegradable polymers are the degradable inorganic molecules. They can be either natural or synthetic and can be made of either ester, amide or ether. They find use in many industries such as pharmaceuticals, agriculture, packaging etc.
This report aims to provide a comprehensive presentation of the global market for Biodegradable Polymers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biodegradable Polymers. This report contains market size and forecasts of Biodegradable Polymers in global, including the following market information:

• Global Biodegradable Polymers Market Revenue, 2018-2023, 2024-2032, ($ millions)
• Global Biodegradable Polymers Market Sales, 2018-2023, 2024-2032, (K MT)
• Global top five Biodegradable Polymers companies in 2022 (%)

One of the key factors driving the growth of this market is the rise in enhanced consumer appeal to eco-friendly packaging. As consumer focus is changing towards healthier living, the demand for a natural, sustainable, and green product is also increasing. This shift in consumer behavior has compelled the major plastics manufacturers and packaging vendors to explore the possibilities of biodegradable polymers. Moreover, the need to conform with government regulations is forcing vendors to focus on manufacturing biodegradable polymers and promote the products that have sustainable components in the export market. It has also been observed that consumers prefer sustainable options for plastic bags and food packaging. The leaders in the global biodegradable polymers market are North America and Asia Pacific that includes China and Japan. Owing to consumer awareness regarding the use of renewable polymers, Europe has emerged as the leading market for biodegradable polymers. North America is expected to grow considerably during the forecast period, due to the consumer shift and rising crude oil prices. The report mentions that during the forecast horizon, Asia Pacific is estimated to witness rapid growth, with countries such as China and Japan evolving as major markets for biodegradable polymers.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biodegradable Polymers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biodegradable Polymers Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Biodegradable Polymers Market Segment Percentages, by Type, 2022 (%)

• Synthetic Biodegradable Polymers
• Natural Biodegradable Polymers

Global Biodegradable Polymers Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Biodegradable Polymers Market Segment Percentages, by Application, 2022 (%)

• Pharmaceutical
• Agricultural
• Biomedical
• Packaging
• Others

Global Biodegradable Polymers Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Biodegradable Polymers Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biodegradable Polymers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Biodegradable Polymers revenues share in global market, 2022 (%)
Key companies Biodegradable Polymers sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Biodegradable Polymers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• Arkema
• BASF
• NatureWorks
• Novamont
• Plantic

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Biodegradable Polymers, market overview.
• Chapter 2: Global Biodegradable Polymers market size in revenue and volume.
• Chapter 3: Detailed analysis of Biodegradable Polymers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Biodegradable Polymers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Biodegradable Polymers capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.