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Report Highlight and Description According to the latest report by IMARC Group, titled "Europe Bio-Degradable Plastic Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," the Europe bio-degradable plastic market size is expected to exhibit a growth rate (CAGR) of 10.8% during 2024-2032. 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 for a PDF sample of this report: https://www.imarcgroup.com/europe-bio-degradable-plastic-market/requestsample
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 (R&D) activities to enhance the durability and resistance of bioplastics, which are creating a positive market outlook. View Report TOC, Figures and Tables : https://www.imarcgroup.com/europe-bio-degradable-plastic-market
Report Segmentation Breakup by Product Type: PBAT Bio-Degradable Polyesters PBS PHA PLA Starch Based Others Breakup by End Use Industry: Food Beverage Pharmaceuticals Personal Care and Home Care Others
Report Segmentation Breakup by Country: Germany France United Kingdom Italy Spain Others
Competitive Landscape with Key Players API SpA BASF SE Biome Bioplastics (Biome Technologies plc) FKuR Kunstatoff GmbH Kingfa Sci. & Tech. Co., Ltd Mitsubishi Chemical Corporation Natureworks LLC (Cargill Incorporated) Novamont S.p.A Plantic (Kuraray Co., Ltd) Toray Industries Inc.
Key Questions Answered in the Report
Table of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Europe Bio-Degradable Plastic Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Product Type 6.1 PBAT 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Bio-Degradable Polyesters 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 PBS 6.3.1 Market Trends 6.3.2 Market Forecast
Table of Contents 6.4 PHA 6.4.1 Market Trends 6.4.2 Market Forecast 6.5 PLA 6.5.1 Market Trends 6.5.2 Market Forecast 6.6 Starch Based 6.6.1 Market Trends 6.6.2 Market Forecast 6.7 Others 6.7.1 Market Trends 6.7.2 Market Forecast 7 Market Breakup by End Use Industry 7.1 Food 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Beverage 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Pharmaceuticals 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Personal Care and Home Care 7.4.1 Market Trends 7.4.2 Market Forecast 7.5 Others 7.5.1 Market Trends 7.5.2 Market Forecast 8 Market Breakup by Country 8.1 Germany 8.1.1 Market Trends For more information, visit : https://www.imarcgroup.com/europe-bio-degradable-plastic-market/toc