Biodegradable Polymers Market Outlook & COVID-19 Impact Assessment 2020-2028 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Biodegradable Polymers Market Size Forecast to 2028 - Trends, Analysis and Outlook by Type, Application, and Geography" report has been added to ResearchAndMarkets.com's offering.

Key Insights from the Global Biodegradable Polymers Market

• The Global Biodegradable Polymers market is valued at $4 billion in 2020.
• Polylactic acid (PLA) is the dominant types for Biodegradable polymers.
• Food industry continues to consume maximum Biodegradable polymers worldwide.
• North America is the largest user of Biodegradable polymers.

The $4 billion Biodegradable Polymers industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Biodegradable Polymers market from 2020 to 2028. The market research report presents detailed Biodegradable Polymers market analysis, and forecasts to 2028. Detailed insights into global and regional Biodegradable Polymers market statistics, Biodegradable Polymers companies and growth prospects across verticals are included.

Biodegradable Polymers Market Overview and Developments in 2020

The report presents a snapshot of recent market trends in the Biodegradable Polymers industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, Porter's five forces analysis, and other analysis are included in the research.

Impact of COVID-19 on Global Biodegradable Polymers Market Revenue

The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Biodegradable Polymers manufacturers and vendors. However, we expect the negative impact of COVID-19 on Biodegradable Polymers to be compensated over the medium to long term future.

Biodegradable Polymers Market Size and Outlook by Type to 2028

This chapter presents an insight into different Biodegradable Polymers types and their contribution to global market growth. The growth in global Biodegradable Polymers market size is forecast to continue despite the economic challenges. The report forecasts the Biodegradable Polymers market revenue across different types, which include- PLA, Starch-based Polymer, Others. Of these, Polylactic acid (PLA) dominates the global Biodegradable Polymers market.

Biodegradable Polymers Market Size and Outlook by Application to 2028

A long-term perspective indicates that Food industry dominates the Biodegradable Polymers market. The industry is classified into different applications including Rigid Packaging, Flexible Packaging, Liquid Packaging, Others.

Global Biodegradable Polymers Company Profiles

The report presents business profiles of major companies operating in the industry including Biome Bioplastics, BASF SE, Biotec, Mitsubishi Chemical Holdings Corporation, Natureworks LLC, Total Corbion PLA, Toray Industries.

The business overview, SWOT profile and product information are provided for all the companies.

The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.

Scope of the Research

• Global and regional Biodegradable Polymers Market Size estimates in revenue terms from 2019 to 2028.
• Segmentation analysis across types, applications, and geographies.
• Strategic analysis through trends, drivers, challenges, opportunities, Porter's five forces analysis.
• Market Developments including M&A, new product development, and competitive analysis.
• Potential strategies of leading companies.

For more information about this report visit https://www.researchandmarkets.com/r/gql8dk