Europe Biodegradable and Bio-based Polymer Market was valued at USD 1.80 Billion in 2022 and is projected to reach USD 5.19 Billion by 2030, growing at a CAGR of 14.4% from 2024 to 2030.
The Europe Biodegradable and Bio-based Polymer market is experiencing significant growth as industries are becoming increasingly focused on sustainability and reducing environmental impact. The demand for eco-friendly materials has grown substantially, driven by the necessity to reduce plastic waste and carbon emissions. Various industries, including packaging, automotive, and agriculture, are turning towards biodegradable and bio-based polymers to meet regulatory standards and consumer expectations for greener products. These polymers are derived from renewable sources such as plants, which makes them an ideal alternative to conventional plastics made from petroleum. A shift toward biopolymers not only addresses environmental concerns but also opens up opportunities for innovative product development.
Several factors are influencing the demand for biodegradable and bio-based polymers in Europe. Firstly, stringent environmental regulations and policies aimed at reducing plastic usage and waste are pushing industries to adopt these sustainable alternatives. Additionally, the growing consumer awareness regarding climate change and plastic pollution is encouraging companies to invest in biodegradable solutions. The packaging industry, in particular, has been at the forefront of this transition, with an increasing number of brands choosing to use bio-based materials for their products and packaging solutions. According to recent reports, the global biodegradable polymer market is expected to grow at a CAGR of over 15%, reflecting a strong market trend towards eco-friendly solutions.
In the automotive sector, bio-based polymers are being utilized to manufacture lightweight, sustainable parts that reduce fuel consumption and carbon emissions. The agricultural industry also benefits from these materials, using them for applications such as mulch films and biodegradable plant pots. The versatility of biodegradable and bio-based polymers makes them suitable for a wide array of applications, including textiles and medical products, where they can offer a balance of performance and sustainability.
The increasing demand for biodegradable and bio-based polymers is shaping the future of numerous industries in Europe, with businesses aligning their product offerings to meet both regulatory requirements and consumer expectations. These polymers present a unique opportunity to replace conventional plastic and contribute to a more sustainable future.
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DuPont
BASF
Arkema
Corbion
Danimer Scientific
Nafigate Corporation
Kaneka
Teijin
Toray
Futerro
Sulzer
Unitika
NatureWorks
Shanghai Tongjieliang
Nantong Jiuding Biological Engineering
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Biodegradable and Bio-based Polymer Market
Polylactic Acid (PLA)
Polyhydroxyalkanoates (PHA)
Starch-based Polymers
Cellulose-based Polymers
Other Bio-based Polymers
Plant-derived
Animal-derived
Drug Delivery Systems
Biomedical Implants
Food & Beverage
Healthcare
Agriculture
Consumer Products
Automotive
Films
Fibers
Resins
Powders
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Biodegradable and Bio-based Polymer Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Biodegradable and Bio-based Polymer Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Biodegradable and Bio-based Polymer Market, By Type
6. Europe Biodegradable and Bio-based Polymer Market, By Application
7. Europe Biodegradable and Bio-based Polymer Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Biodegradable and Bio-based Polymer Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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