Market Segmented By Type, Application, And Geography | Forecasts 2019-2027
The Asia Pacific biodegradable plastic market is expected to rise at a CAGR of 10.48% over the forecast period of 2019-2027. The Asia Pacific biodegradable plastics market is segmented into major economies such as:
• China
• India
• Japan
• South Korea
• ASEAN countries
• Australia & New Zealand
• Rest of Asia Pacific
Since the 1980s, the occurrence of natural disasters that includes frequent typhoons, hurricanes, landslides, earthquakes, etc. has increased by almost xx% in this region. Human activities in search of natural resources have drastically affected the ecological balance of the planet. In addition, waste generated in the form of plastic takes just a couple of minutes to manufacture but 100 of years to decompose completely. Therefore, these facts have compelled the Asia-Pacific governments to take serious initiatives to develop an alternative to these traditional plastics.
The population will keep on expanding and so will the demand for plastics packaging in different applications. In the context of a clean and sustainable future, governments in the Asia-Pacific regions have taken various initiatives in order to create awareness about the use of biodegradable plastics, segregation of waste into dry and wet, financial aid and tax relaxations for optimizing the recycling process, and penalizing and imposing restrictions on the global manufacturers of traditional plastics.
However, overcoming the challenges for the global players would involve factors like high processing cost and the complex recycling process for bioplastics. Despite that, having a large environmental concerned customer base who have started adapting to recyclable products will considerably propel the biodegradable plastics market in this region.
1. ASIA
PACIFIC BIODEGRADABLE PLASTIC MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.3. EVOLUTION
& TRANSITION OF BIODEGRADABLE PLASTIC
2.4. PORTER'S
FIVE FORCE ANALYSIS
2.5. MARKET
ATTRACTIVENESS MATRIX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. REGULATORY
FRAMEWORK
2.9. KEY
IMPACT ANALYSIS
2.10. MARKET
OPPORTUNITY INSIGHTS
2.11. INDUSTRY
PLAYER POSITIONING
2.12. KEY
MARKET STRATEGIES
2.13. MARKET
DRIVERS
2.13.1. RISE
IN THE PRODUCTION OF CORN AND OTHER RENEWABLE RESOURCES
2.13.2. INCREASING
SCOPE OF BIODEGRADABLE PLASTICS IN VARIOUS END-USE SEGMENTS
2.13.3. BIODEGRADABLE
PROPERTY OF THE BIODEGRADABLE PLASTICS
2.13.4. FAVORABLE
GOVERNMENT POLICIES TO REDUCE THE USE OF PETROLEUM-BASED POLYMERS
2.13.5. SHIFT
IN CONSUMER PREFERENCE TOWARDS THE ADOPTION OF ENVIRONMENTAL-FRIENDLY PACKAGING
SOLUTION
2.14. MARKET
RESTRAINTS
2.14.1. HIGH
COST OF BIODEGRADABLE PLASTICS AS COMPARED TO CONVENTIONAL PLASTICS
2.14.2. DURABILITY
ISSUES
2.15. MARKET
OPPORTUNITIES
2.15.1. INCREASED
BIOPLASTIC PRODUCTION ACROSS REGIONS
2.15.2. AVAILABILITY
OF COST-EFFECTIVE BIO-BASED RAW MATERIALS
2.16. MARKET
CHALLENGES
2.16.1. BIODEGRADABLE
PLASTICS IMPACT ON FOOD PRODUCTION AND SUPPLY
2.16.2. EASY
AVAILABILITY OF ALTERNATIVES
3. BIODEGRADABLE
PLASTIC INDUSTRY OUTLOOK - BY TYPE
3.1. PLA
3.2. STARCH
BLENDS
3.3. PCL
3.4. REGENERATED CELLULOSE
3.5. PBS
3.6. PHA
3.7. OTHER
TYPES
4. BIODEGRADABLE
PLASTIC INDUSTRY OUTLOOK - BY APPLICATION
4.1. PACKAGING
4.2. FIBERS
4.3. AGRICULTURE
4.4. INJECTION
MOLDING
4.5. OTHER
APPLICATIONS
5. BIODEGRADABLE
PLASTIC INDUSTRY - REGIONAL OUTLOOK
5.1. CHINA
5.2. JAPAN
5.3. INDIA
5.4. SOUTH
KOREA
5.5. ASEAN
COUNTRIES
5.6. AUSTRALIA
AND NEW ZEALAND
5.7. REST
OF ASIA PACIFIC
6. COMPETITIVE
LANDSCAPE
6.1. BASF SE
6.2. BIOME BIOPLASTICS LIMITED
6.3. BIO-ON S.P.A.
6.4. CORBION N.V. (PURAC)
6.5. DANIMER SCIENTIFIC, LLC
6.6. DOW CHEMICAL COMPANY (MERGER WITH DUPONT)
6.7. FKUR KUNSTSTOFF GMBH
6.8. FUTERRO SA
6.9. MITSUBISHI CHEMICAL CORPORATION
6.10. NATUREWORKS LLC
6.11. PLANTIC TECHNOLOGIES (ACQUISITION BY KURARAY AMERICA, INC,)
6.12. SIGMA-ALDRICH (ACQUISITION BY MERCK)
6.13. SYNBRA HOLDING BV
6.14. TIANAN BIOLOGIC MATERIAL CO. LTD
6.15. ZHEJIANG HISUN BIOMATERIALS CO. LTD.
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1 MARKET ATTRACTIVENESS MATRIX FOR
BIODEGRADABLE PLASTIC MARKET
TABLE 2 VENDOR SCORECARD OF BIODEGRADABLE
PLASTIC MARKET
TABLE 3 REGULATORY FRAMEWORK OF BIODEGRADABLE
PLASTIC MARKET
TABLE 4 KEY STRATEGIC DEVELOPMENTS IN
BIODEGRADABLE PLASTIC MARKET
TABLE 5 COMPARISON BETWEEN BIOPLASTICS AND
CONVENTIONAL PLASTICS
TABLE 6 COST ANALYSIS OF BIODEGRADABLE PLASTICS
IN 2016
TABLE 7 COST ANALYSIS OF FOSSIL BASED PLASTICS
IN 2016
TABLE 8 SUSTAINABILITY OF MAJOR BIO-BASED
PLASTIC TYPES FOR DIFFERENT APPLICATIONS
TABLE 9 ASIA PACIFIC BIODEGRADABLE PLASTIC
MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)
TABLE 10 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET,
BY BIODEGRADABLE PLASTIC TYPE, 2019-2027 (IN $ MILLION)
TABLE 11 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET,
BY APPLICATION, 2019-2027 (IN $ MILLION)
FIGURE 1 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET,
2019-2027 (IN $ MILLION)
FIGURE 2 PORTER’S FIVE FORCE ANALYSIS OF
BIODEGRADABLE PLASTIC MARKET
FIGURE 3 INDUSTRY COMPONENTS OF BIODEGRADABLE
PLASTIC MARKET
FIGURE 4 MARKET OPPORTUNITY INSIGHTS, BY PLASTIC
TYPE, 2018
FIGURE 5 MARKET OPPORTUNITY INSIGHTS, BY
APPLICATION, 2018
FIGURE 6 KEY PLAYER POSITIONING IN 2018 (%)
FIGURE 7 SUGARCANE AND CORN PRODUCTION IN KEY
COUNTRIES, 2016 (IN %)
FIGURE 8 WORLDWIDE PRODUCTION OF SUGAR CANE AND
CORN, 2014- 2023 (IN MILLION TONNES)
FIGURE 9 TIMELINE OF BIODEGRADABLE PLASTICS
FIGURE 10 WORLDWIDE CORN PRODUCTION, 2010-2017, (IN
MILLION METRIC TONNES)
FIGURE 11 MAJOR CORN PRODUCERS ACROSS THE GLOBE,
2015-2016 (% OF TOTAL PRODUCTION)
FIGURE 12 WORLDWIDE BIOPLASTIC PRODUCTION CAPACITY, 2017-2022
(IN ‘000 TONNES)
FIGURE 13 PERCENTAGE SHARE OF TOTAL BIOPLASTIC
PRODUCTION ACROSS REGIONS IN 2017 (IN %)
FIGURE 14 MAJOR SUGARCANE PRODUCERS ACROSS THE GLOBE IN
2016 (IN MILLION TONNES)
FIGURE 15 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
PLA, 2019-2027 (IN $ MILLION)
FIGURE 16 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
STARCH BLENDS, 2019-2027 (IN $ MILLION)
FIGURE 17 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
PCL, 2019-2027 (IN $ MILLION)
FIGURE 18 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
REGENERATED CELLULOSE, 2019-2027 (IN $ MILLION)
FIGURE 19 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
PBS, 2019-2027 (IN $ MILLION)
FIGURE 20 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
PHA, 2019-2027 (IN $ MILLION)
FIGURE 21 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
OTHER TYPES, 2019-2027 (IN $ MILLION)
FIGURE 22 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
PACKAGING, 2019-2027 (IN $ MILLION)
FIGURE 23 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
FIBERS, 2019-2027 (IN $ MILLION)
FIGURE 24 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
AGRICULTURE, 2019-2027 (IN $ MILLION)
FIGURE 25 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
INJECTION MOLDING, 2019-2027 (IN $ MILLION)
FIGURE 26 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET, BY
OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 27 ASIA PACIFIC BIODEGRADABLE PLASTIC MARKET,
REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 28 CHINA BIODEGRADABLE PLASTIC MARKET, 2019-2027
(IN $ MILLION)
FIGURE 29 JAPAN BIODEGRADABLE PLASTIC MARKET, 2019-2027
(IN $ MILLION)
FIGURE 30 INDIA BIODEGRADABLE PLASTIC MARKET, 2019-2027
(IN $ MILLION)
FIGURE 31 SOUTH KOREA BIODEGRADABLE PLASTIC MARKET,
2019-2027 (IN $ MILLION)
FIGURE 32 ASEAN COUNTRIES BIODEGRADABLE PLASTIC MARKET,
2019-2027 (IN $ MILLION)
FIGURE 33 AUSTRALIA & NEW ZEALAND BIODEGRADABLE
PLASTIC MARKET, 2019-2027 (IN $ MILLION)
FIGURE 34 REST OF ASIA-PACIFIC BIODEGRADABLE PLASTIC
MARKET, 2019-2027 (IN $ MILLION)