Research and Markets: Biodegradable Plastics Market 2015-2021 - Key Driving Factors for this Market are Government Regularities for Waste Dispose and its Management
Research and Markets (http://www.researchandmarkets.com/research/przbvw/biodegradable)
has announced the addition of the "Biodegradable
Plastics Market, By Country (United States, Canada, India, China, Japan,
United Kingdom), Company Profiles, Share, Trends, Analysis,
Opportunities, Segmentation And Forecast 2015 - 2021" report to
their offering.
Biodegradable plastics are produced from natural resources and can be
easily disposed or recycled. The market for biodegradable plastics is
growing rapidly with the increase in applications and advance
technologies are expanding with high rate. Key driving factors for this
market is government regularities for waste dispose and its management,
environment concern and its initiative taken by government. It helps in
reducing dependency on crude oil and other synthetic raw materials.
Some of the challenges in the market are low awareness among the
consumer and low durability as compared to conventional plastics. In
commercial biodegradable plastics two types of plastics are very
important (1) PLA (polylactic acid) and (2) starch based plastics.
Starch based plastics widely include potatoes, corns, sugar beet and
cassava. For starch based plastics, largest consumer market across the
globe is Europe. In APAC region biodegradable market is growing due to
strict government regulations which includes ban on conventional plastic
bags and environmental saving initiatives, also government and
non-profit organizations are promoting their use.
Biodegradable plastics are used in packaging, bottles, bowls, cutlery,
food service, disposal items etc. Packaging application is the largest
application segment for biodegradable plastics. Second largest
application segment is fibers, followed by agriculture. Since the demand
of eco-friendly packaging is high, therefore the market for
biodegradable plastics is growing rapidly.
Key Topics Covered:
1. Introduction
2. Market overview
3. Market determinants
4. Market Segmentation
5. Geographical analysis
6. Company Profiling: - (Overview, SCOT analysis, strategic review)
Companies Mentioned
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BASF
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NatureWorks
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Novamont
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DuPont
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Mitsubishi Chemical
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Showa Denko
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Corbion, Kingfa Sci & Tech
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Yifan Xinfu Pharmaceutical
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Shenzhen Rainbow Fine Chemical Industry
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Wuhan Huali Environment Technology
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Anqing Hexing Chemical
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Metabolix
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Corbion NV
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Biome
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Plantic technologies ltd
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Meredian Inc
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Bio-on SRL
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Tianan Biologic Metrials Co Ltd
For more information visit http://www.researchandmarkets.com/research/przbvw/biodegradable
View source version on businesswire.com: http://www.businesswire.com/news/home/20151218005711/en/
Copyright Business Wire 2015
Source: Business Wire
(December 18, 2015 - 11:56 AM EST)
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