Market Overview:
The Europe bio-degradable plastic market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 12% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Bio-degradable plastics, also referred to as bioplastics, are designed to be decomposed upon exposure to microorganisms into water, carbon dioxide, and biomass under specific conditions. They are primarily produced by using all-natural plant- or animal-based raw materials, such as orange peels, corn oil, switchgrass, soybeans, starch, etc. Various types of bio-degradable plastics include Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), etc. These products help in reducing carbon dioxide emissions, lowering manufacturing costs, and minimizing the amount of waste produced. As a result, bio-degradable plastics are widely used across various industries, such as food and beverages, pharmaceuticals, personal & home care, consumer goods, textile, etc.
Europe Bio-degradable Plastic Market Trends:
Increasing consumer concerns towards the negative impact of synthetic plastics on the environment are primarily driving the Europe bio-degradable plastics market. Additionally, the changing preferences from single-use plastic towards recyclable and eco-friendly packaging materials to reduce carbon footprints are also proliferating the product demand. In line with this, the expanding foodservice sector coupled with the continuous replacement of conventional plastics with bio-degradable boxes, cups, plates, etc., is further augmenting the market growth in Europe. Moreover, the emergence of the e-commerce industry has also led to the increasing adoption of bioplastic packaging solutions to support ecological sustainability and reduce landfills. Apart from this, the growing consumer inclination towards lightweight automotive components to enhance fuel efficiency and minimize vehicular emissions is further bolstering the use of bioplastics in the automobile sector. Additionally, the implementation of stringent regulations by the European Commission for banning single-use plastics is promoting the dependence on bio-degradable plastics. In the coming years, continuous technological innovations and extensive R&D activities to enhance the durability and heat-resistance of bioplastics will continue to drive the market growth across the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe bio-degradable plastic market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type and end use industry.
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
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being 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) and Toray Industries Inc.
Report Coverages:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Billion |
| Segment Coverage |
Product Type, End Use Industry, Country |
| Countries Covered |
Germany, France, United Kingdom, Italy, Spain |
| Companies Covered |
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) and Toray Industries Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Europe bio-degradable plastic market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe bio-degradable plastic market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe bio-degradable plastic market and who are the key players?
- What is the degree of competition in the industry?
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
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
8.1.2 Market Breakup by Product Type
8.1.3 Market Breakup by End Use Industry
8.1.4 Market Forecast
8.2 France
8.2.1 Market Trends
8.2.2 Market Breakup by Product Type
8.2.3 Market Breakup by End Use Industry
8.2.4 Market Forecast
8.3 United Kingdom
8.3.1 Market Trends
8.3.2 Market Breakup by Product Type
8.3.3 Market Breakup by End Use Industry
8.3.4 Market Forecast
8.4 Italy
8.4.1 Market Trends
8.4.2 Market Breakup by Product Type
8.4.3 Market Breakup by End Use Industry
8.4.4 Market Forecast
8.5 Spain
8.5.1 Market Trends
8.5.2 Market Breakup by Product Type
8.5.3 Market Breakup by End Use Industry
8.5.4 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Breakup by Product Type
8.6.3 Market Breakup by End Use Industry
8.6.4 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Policy and Regulatory Landscape
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 API SpA
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 BASF SE
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Biome Bioplastics (Biome Technologies plc)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 FKuR Kunstatoff GmbH
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Kingfa Sci. & Tech. Co. Ltd
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.2.3 Financials
14.3.6 Mitsubishi Chemical Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Natureworks LLC (Cargill Incorporated)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Novamont S.p.A
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Plantic (Kuraray Co., Ltd)
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Toray Industries, Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
List of Figures
Figure 1: Europe: Bio-degradable Plastic Market: Major Drivers and Challenges
Figure 2: Europe: Bio-degradable Plastic Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Europe: Bio-degradable Plastic Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Europe: Bio-degradable Plastic Market: Breakup by Product Type (in %), 2020
Figure 5: Europe: Bio-degradable Plastic Market: Breakup by End Use Industry (in %), 2020
Figure 6: Europe: Bio-degradable Plastic Market: Breakup by Country (in %), 2020
Figure 7: Europe: Bio-degradable Plastic (PBAT) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Europe: Bio-degradable Plastic (PBAT) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Europe: Bio-degradable Plastic (Bio-degradable Polyesters) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Europe: Bio-degradable Plastic (Bio-degradable Polyesters) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Europe: Bio-degradable Plastic (PBS) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Europe: Bio-degradable Plastic (PBS) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Europe: Bio-degradable Plastic (PHA) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Europe: Bio-degradable Plastic (PHA) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Europe: Bio-degradable Plastic (PLA) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Europe: Bio-degradable Plastic (PLA) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Europe: Bio-degradable Plastic (Starch Based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Europe: Bio-degradable Plastic (Starch Based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Europe: Bio-Degradable Plastic (Other Product Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Europe: Bio-Degradable Plastic (Other Product Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Europe: Bio-degradable Plastic (Food Industry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Europe: Bio-degradable Plastic (Food Industry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Europe: Bio-degradable Plastic (Beverage Industry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Europe: Bio-degradable Plastic (Beverage Industry)) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Europe: Bio-degradable Plastic (Pharmaceuticals Industry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Europe: Bio-degradable Plastic (Pharmaceuticals Industry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Europe: Bio-degradable Plastic (Personal Care and Home Care) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Europe: Bio-degradable Plastic (Personal Care and Home Care) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Europe: Bio-degradable Plastic (Other End-Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Europe: Bio-degradable Plastic (Other End-Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Germany: Bio-degradable Plastic Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Germany: Bio-degradable Plastic Market: Breakup by Product Type (in %), 2020
Figure 33: Germany: Bio-degradable Plastic Market: Breakup by End Use Industry (in %), 2020
Figure 34: Germany: Bio-degradable Plastic Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: France: Bio-degradable Plastic Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: France: Bio-degradable Plastic Market: Breakup by Product Type (in %), 2020
Figure 37: France: Bio-degradable Plastic Market: Breakup by End Use Industry (in %), 2020
Figure 38: France: Bio-degradable Plastic Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: United Kingdom: Bio-degradable Plastic Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: United Kingdom: Bio-degradable Plastic Market: Breakup by Product Type (in %), 2020
Figure 41: United Kingdom: Bio-degradable Plastic Market: Breakup by End Use Industry (in %), 2020
Figure 42: United Kingdom: Bio-degradable Plastic Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Italy: Bio-degradable Plastic Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Italy: Bio-degradable Plastic Market: Breakup by Product Type (in %), 2020
Figure 45: Italy: Bio-degradable Plastic Market: Breakup by End Use Industry (in %), 2020
Figure 46: Italy: Bio-degradable Plastic Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Spain: Bio-degradable Plastic Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Spain: Bio-degradable Plastic Market: Breakup by Product Type (in %), 2020
Figure 49: Spain: Bio-degradable Plastic Market: Breakup by End Use Industry (in %), 2020
Figure 50: Spain: Bio-degradable Plastic Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Others: Bio-degradable Plastic Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Others: Bio-degradable Plastic Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Europe: Bio-degradable Plastic Industry: SWOT Analysis
Figure 54: Europe: Bio-degradable Plastic Industry: Value Chain Analysis
Figure 55: Europe: Bio-degradable Plastic Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Europe: Bio-degradable Plastic Market: Key Industry Highlights, 2020 and 2026
Table 2: Europe: Bio-degradable Plastic Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Europe: Bio-degradable Plastic Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 4: Europe: Bio-degradable Plastic Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 5: Europe: Bio-degradable Plastic Market: Competitive Structure
Table 6: Europe: Bio-degradable Plastic Market: Key Players