Europe Biodegradable Plastic Market, 2020-2027 - V1 - 1

2020
SEPTEMBER
EUROPE BIODEGRADABLE PLASTIC

MARKET
AUTHOR(S): Opportunity Analysis and Industry Forecast, 2020-2027
Ayushi Choudhary &
Eswara Prasad
PAGES:
222
REPORT CODE:
A07188
INDUSTRY:
Materials & Chemicals
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Opportunity Analysis advice. It should not be used for corporate guide, laboratory manual or endorsement of any product.
and Industry Forecast,
2020-2027
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2020-2027
3
RELATED REPORTS
Bioplastics Market - Forecast, 2018-2024

Bioplastics are plastics derived from renewable feedstocks such as corn, sugarcane, and cellulose. Factors such
as eco-friendly properties, availability of renewable feedstocks, and favorable government policies enable
manufacturers to adopt bio-based plastics. Increase in adoption of biodegradable products and improvement in
scope of bioplastics across end-user industries drive the growth of the bioplastics market. However, high
production cost and comparatively limited performance standards as compared to traditional plastics hamper the
market growth to a certain extent.
Bioplastic Composites Market - Forecast, 2017-2023

Bioplastic composites are advanced materials, which are derived from the renewable feedstocks such as corn,
sugarcane, and cellulose. These composites are sustainable materials, which possess the potential to reduce
3070% of carbon dioxide emissions. Bioplastics are widely applicable in industries such as packaging, flexible
packaging, textiles, consumer goods, agriculture, construction, electrical & electronics, and others, as these
composites have zero toxicity. Furthermore, various governments across the world are adopting favorable
regulations and policies to promote sustainability and biodegradability of bioplastics composites.
Europe
Biodegradable
Plastic Market
Opportunity Analysis
2020-2027
4
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION....................................................................................... 27
1.1. Report description .................................................................................................... 27
1.2. Key benefits for stakeholders .................................................................................. 29
1.3. Key market segments for biodegradable plastic ................................................... 30
1.4. Research methodology ............................................................................................ 32
1.4.1. Secondary research................................................................................................................ 34
1.4.2. Primary research ..................................................................................................................... 34
1.5. Analyst tools and models ......................................................................................... 35
CHAPTER 2: EXECUTIVE SUMMARY............................................................................ 36

2.1. Key findings of the study ......................................................................................... 38
2.2. CXO perspective ........................................................................................................ 39
Europe
Biodegradable CHAPTER 3: MARKET OVERVIEW ................................................................................ 40
Plastic Market 3.1. Market definition and scope ................................................................................... 40
Opportunity Analysis 3.2. Key findings............................................................................................................... 41

3.2.1. Top investment pockets ...................................................................................................... 41
2020-2027
5
3.3. Top winning strategies ............................................................................................. 43
3.3.1. Top winning strategies, by year........................................................................................ 44
3.3.2. Top winning strategies, by development ..................................................................... 45
3.3.3. Top winning strategies, by company ............................................................................. 46
3.4. Porter’s five forces analysis ..................................................................................... 47

3.5. Top player positioning ............................................................................................. 52
3.6. Market dynamics ...................................................................................................... 53
3.6.1. Drivers ......................................................................................................................................... 54
3.6.1.1. Eco-friendly nature and rise in consumer adoption of
biodegradable plastics .....................................................................................................54
3.6.1.2. High demand of biodegradable plastic in food packaging
application .............................................................................................................................55
3.6.1.3. Favorable government policies toward bioplastic ...............................................56
Europe 3.6.2. Restraint ..................................................................................................................................... 56
Biodegradable 3.6.2.1. High cost of biodegradable plastic .............................................................................56
Plastic Market
3.6.3. Opportunity .............................................................................................................................. 57
and Industry Forecast, 3.6.3.1. Rise in CSR activities and decreasing dependence on petroleum
2020-2027 resource ..................................................................................................................................57
6
3.7. Pricing analysis.......................................................................................................... 58
3.8. Impact of key regulations ........................................................................................ 60
3.9. Patent analysis .......................................................................................................... 61
3.10. Impact of COVID-19 on biodegradable plastic ...................................................... 62
3.11. Production analysis .................................................................................................. 63
3.12. Import/export analysis ............................................................................................. 65
CHAPTER 4: EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE ..................... 71

4.1. Overview .................................................................................................................... 71
4.1.1. Market size and forecast ..................................................................................................... 72
4.1.2. Polylactic Acid (PLA) .............................................................................................................. 74
4.1.2.1. Key market trends, growth factors, and opportunities ......................................74

4.1.2.2. Market size and forecast, by country .........................................................................74
4.1.2.3. Market share analysis, by country ...............................................................................77
Europe
Biodegradable 4.1.3. Polybutylene Adipate Terephthalate (PBAT) ............................................................... 78
Plastic Market 4.1.3.1. Key market trends, growth factors, and opportunities ......................................78
and Industry Forecast, 4.1.3.3. Market share analysis, by country ...............................................................................81
2020-2027
7
4.1.4. Polybutylene Succinate (PBS) ............................................................................................ 82
4.1.4.1. Key market trends, growth factors, and opportunities ......................................82

4.1.5. PHA (Polyhydroxyalkanoates) ........................................................................................... 85
4.1.5.1. Key market trends, growth, factors and opportunities ......................................86

4.1.6. Starch blends ............................................................................................................................ 89
4.1.6.1. Key market trends, growth, factors and opportunities ......................................90

4.1.7. Others .......................................................................................................................................... 94

Europe 4.1.7.1. Key market trends, growth, factors and opportunities ......................................94
Biodegradable 4.1.7.2. Market size and forecast, by country .........................................................................95
Plastic Market
2020-2027
8
CHAPTER 5: BIODEGRADABLE PLASTIC MARKET, BY APPLICATION ..................... 98
5.1. Overview .................................................................................................................... 98
5.1.1. Market size and forecast by Biodegradable Plastic Application ......................... 99
5.2. Packaging ................................................................................................................ 100

5.2.1. Key market trends, growth, factors and opportunities ......................................... 101
5.2.2. Market size and forecast, by country ........................................................................... 101
5.2.3. Market share analysis, by country ................................................................................. 104
5.3. Agriculture............................................................................................................... 104

5.4. Consumer durable .................................................................................................. 109

Europe 5.4.1. Key market trends, growth, factors and opportunities ......................................... 109
Biodegradable 5.4.2. Market size and forecast, by country ........................................................................... 109
Plastic Market
and Industry Forecast, 5.5. Textile ...................................................................................................................... 113
2020-2027
9
5.6. Others ...................................................................................................................... 117

CHAPTER 6: EUROPE BIODEGRADABLE PLASTIC MARKET, BY COUNTRY........... 121

6.1. Overview .................................................................................................................. 121
6.1.1. Market size and forecast by country ............................................................................ 122
6.2. Europe ...................................................................................................................... 124

6.2.1. Key market trends and opportunities .......................................................................... 124
6.2.1.1. Market size and forecast by Biodegradable Plastic Type ............................... 125
Europe 6.2.1.2. Market size and forecast by biodegradable plastic Application ................. 127
Biodegradable 6.2.2. Germany ................................................................................................................................... 128
Plastic Market 6.2.2.1. Market size and forecast by biodegradable plastic Type ............................... 129
Opportunity Analysis 6.2.2.2. Market size and forecast by Biodegradable Plastic Application ................. 131
2020-2027
10
6.2.3. France ........................................................................................................................................ 132
6.2.3.2. Market size and forecast by Biodegradable Plastic Application ................. 135
6.2.4. Italy ............................................................................................................................................. 137

6.2.5. Spain .......................................................................................................................................... 141

6.2.6. Bulgaria ..................................................................................................................................... 145
6.2.7. UK................................................................................................................................................ 148

Europe 6.2.7.1. Market size and forecast by Biodegradable Plastic Type ............................... 149
Biodegradable
Plastic Market
6.2.8. Hungary .................................................................................................................................... 152
and Industry Forecast, 6.2.8.1. Market size and forecast by Biodegradable Plastic Type ............................... 153
2020-2027
11
6.2.9. Slovakia ..................................................................................................................................... 157
6.2.10. Slovenia .................................................................................................................................... 161

6.2.11. Czech Republic ...................................................................................................................... 165

6.2.12. Poland ....................................................................................................................................... 168
6.2.13. Austria ....................................................................................................................................... 172

Europe 6.2.13.1. Market size and forecast by Biodegradable Plastic Type ............................... 172
Biodegradable
Plastic Market
6.2.14. Romania ................................................................................................................................... 175
and Industry Forecast, 6.2.14.1. Market size and forecast by Biodegradable Plastic Type ............................... 176
2020-2027
12
6.2.15. Rest of Europe ....................................................................................................................... 179
CHAPTER 7: COMPANY PROFILES............................................................................. 184

7.1. EASTMAN CHEMICAL COMPANY ......................................................................... 184
7.1.1. Company overview .............................................................................................................. 184
7.1.2. Company snapshot .............................................................................................................. 185
7.1.3. Operating business segments ......................................................................................... 185
7.1.4. Product portfolio .................................................................................................................. 186
7.1.5. Business performance......................................................................................................... 187
7.1.6. Key strategic moves and developments ..................................................................... 189
7.2. DANIMER SCIENTIFIC ............................................................................................. 190

Europe 7.2.1. Company overview .............................................................................................................. 190
Biodegradable 7.2.2. Company snapshot .............................................................................................................. 191
Plastic Market
and Industry Forecast, 7.2.4. Key strategic moves and developments ..................................................................... 192
2020-2027
13
7.3. BASF SE .................................................................................................................... 193
7.4. DOW INC. ................................................................................................................ 199


Europe 7.4.5. Business performance......................................................................................................... 202
Biodegradable
Plastic Market
7.5. FKUR KUNSTSTOFF GmbH ..................................................................................... 205
and Industry Forecast, 7.5.1. Company overview .............................................................................................................. 205
2020-2027
14
7.6. HEMP PLASTIC ........................................................................................................ 207

7.7. MINIMA TECHNOLOGY CO. LTD. .......................................................................... 209

7.8. SOLANYL BIOPOLYMERS INC. ............................................................................... 211


Europe 7.8.3. Product Portfolio .................................................................................................................. 212
Biodegradable 7.9. MITSUBISHI CHEMICAL HOLDINGS ...................................................................... 213
Plastic Market
and Industry Forecast, 7.9.2. Company snapshot .............................................................................................................. 214
2020-2027
15
7.10. NOVAMONT S.P.A .................................................................................................. 218

Europe
Biodegradable
Plastic Market
2020-2027
16
LIST OF TABLES
TABLE 01. PLA IMPORT, 2015-19 (€THOUSAND) ..........................................................................................................................65
TABLE 02. PLA IMPORT, 2015-19 (TONS) .......................................................................................................................................66
TABLE 03. PLA EXPORT, 2015-19 (€THOUSAND) ..........................................................................................................................66
TABLE 04. PLA EXPORT, 2015-19 (TONS) .......................................................................................................................................67
TABLE 05. STARCH IMPORT, 2015-19 (€THOUSAND) ...................................................................................................................67
TABLE 06. STARCH IMPORT, 2015-19 (TONS)................................................................................................................................68
TABLE 07. STARCH EXPORT, 2015-19 (€THOUSAND)...................................................................................................................68
TABLE 08. STARCH EXPORT, 2015-19 (TONS) ...............................................................................................................................69
TABLE 09. EUROPE IMPORT/EXPORT, 2019 (TONS) .....................................................................................................................70
TABLE 10. EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE, 2019–2027 (KILOTONS) ..............................................72
TABLE 11. BIODEGRADABLE PLASTIC MARKET, BY TYPE, 2019–2027 (€MILLION) ...............................................................73
TABLE 12. EUROPE BIODEGRADABLE PLASTIC MARKET FOR PLA, BY COUNTRY, 2019–2027 (KILOTONS)......................75
TABLE 13. EUROPE BIODEGRADABLE PLASTIC MARKET FOR PLA, BY COUNTRY, 2019–2027 (€MILLION) ......................76
Europe
TABLE 14. BIODEGRADABLE PLASTIC MARKET FOR PBAT, BY COUNTRY, 2019–2027 (KILOTONS) ...................................79
Biodegradable
TABLE 15. BIODEGRADABLE PLASTIC MARKET FOR PBAT, BY COUNTRY, 2019–2027 (€MILLION)....................................80
Plastic Market
TABLE 16. BIODEGRADABLE PLASTIC MARKET FOR PBS, BY COUNTRY, 2019–2027 (KILOTONS) .....................................83
and Industry Forecast, TABLE 17. BIODEGRADABLE PLASTIC MARKET FOR PBS, BY COUNTRY, 2019–2027 (€MILLION) ......................................84
2020-2027 TABLE 18. BIODEGRADABLE PLASTIC MARKET FOR PHA, BY COUNTRY, 2019–2027 (KILO TONS) ....................................87
17
TABLE 19. BIODEGRADABLE PLASTIC MARKET FOR PHA, BY COUNTRY, 2019–2027 (€MILLION) .....................................88
TABLE 20. BIODEGRADABLE PLASTIC MARKET FOR STARCH BLENDS, BY COUNTRY, 2019–2027 (KILO TONS) .............91
TABLE 21. BIODEGRADABLE PLASTIC MARKET FOR STARCH BLENDS, BY COUNTRY, 2019–2027 (€MILLION) ...............92
TABLE 22. BIODEGRADABLE PLASTIC MARKET FOR OTHERS, BY COUNTRY, 2019–2027 (KILO TONS) .............................95
TABLE 23. BIODEGRADABLE PLASTIC MARKET FOR OTHERS, BY COUNTRY, 2019–2027 (€MILLION) ..............................96
TABLE 24. GLOBAL BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019-2027 (KILOTONS) ..................................99
TABLE 25. GLOBAL BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) .............................. 100
TABLE 26. GLOBAL BIODEGRADABLE PLASTIC MARKET FOR PACKAGING, BY COUNTRY, 2019–2027
(KILOTONS) ..................................................................................................................................................................... 102
TABLE 27. GLOBAL BIODEGRADABLE PLASTIC MARKET FOR PACKAGING, BY COUNTRY, 2019–2027
(€MILLION)...................................................................................................................................................................... 103
TABLE 28. GLOBAL BIODEGRADABLE PLASTIC MARKET FOR AGRICULTURE, BY COUNTRY, 2019–2027
(KILOTONS) ..................................................................................................................................................................... 106
TABLE 29. GLOBAL BIODEGRADABLE PLASTIC MARKET FOR AGRICULTURE, BY COUNTRY, 2019–2027
(€MILLION)...................................................................................................................................................................... 107
TABLE 30. GLOBAL BIODEGRADABLE PLASTIC MARKET FOR CONSUMER DURABLE, BY COUNTRY, 2019–2027
Europe (KILOTONS) ..................................................................................................................................................................... 110
Biodegradable TABLE 31. GLOBAL BIODEGRADABLE PLASTIC MARKET FOR CONSUMER DURABLE, BY COUNTRY, 2019–2027
Plastic Market (€MILLION)...................................................................................................................................................................... 111
TABLE 32. GLOBAL BIODEGRADABLE PLASTIC MARKET FOR TEXTILE, BY COUNTRY, 2019–2027 (KILOTONS) ............ 114
and Industry Forecast, TABLE 33. GLOBAL BIODEGRADABLE PLASTIC MARKET FOR TEXTILE, BY COUNTRY, 2019–2027 (€MILLION) ............ 115
2020-2027
18
TABLE 34. GLOBAL BIODEGRADABLE PLASTIC MARKET FOR OTHER APPLICATION BY COUNTRY, 2019–2027
(KILOTONS) ..................................................................................................................................................................... 118
TABLE 35. GLOBAL BIODEGRADABLE PLASTIC MARKET FOR OTHER APPLICATION, BY COUNTRY, 2019–2027
(€MILLION)...................................................................................................................................................................... 119
TABLE 36. EUROPE BIODEGRADABLE PLASTIC MARKET, BY COUNTRY 2019–2027 (KILOTONS) .................................... 122
TABLE 37. EUROPE BIODEGRADABLE PLASTIC MARKET, BY COUNTRY 2019–2027 (€MILLION) ..................................... 123
TABLE 38. EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ............................................ 125
TABLE 39. EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) ............................................. 126
TABLE 40. EUROPE BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) ............................. 127
TABLE 41. EUROPE BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) .............................. 128
TABLE 42. GERMANY BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ......................................... 129
TABLE 43. GERMANY BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) ......................................... 130
TABLE 44. GERMANY BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) .......................... 131
TABLE 45. GERMANY BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) .......................... 132
TABLE 46. FRANCE BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS)............................................. 133
Europe TABLE 47. FRANCE BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) ............................................. 134
Biodegradable TABLE 48. FRANCE BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) ............................. 135
Plastic Market TABLE 49. FRANCE BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) .............................. 136
Opportunity Analysis TABLE 50. ITALY BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ................................................. 137
TABLE 51. ITALY BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) .................................................. 138
2020-2027
TABLE 52. ITALY BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) .................................. 139
19
TABLE 53. ITALY BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) ................................... 140
TABLE 54. SPAIN BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ................................................ 141
TABLE 55. SPAIN BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) ................................................. 142
TABLE 56. SPAIN BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) ................................. 143
TABLE 57. SPAIN BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION).................................. 144
TABLE 58. BULGARIA BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ......................................... 145
TABLE 59. BULGARIA BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) ......................................... 146
TABLE 60. BULGARIA BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS).......................... 147
TABLE 61. BULGARIA BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) .......................... 148
TABLE 62. UK BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ...................................................... 149
TABLE 63. UK BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) ....................................................... 150
TABLE 64. UK BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) ....................................... 151
TABLE 65. UK BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) ........................................ 152
TABLE 66. HUNGARY BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ......................................... 153
Europe TABLE 67. HUNGARY BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) .......................................... 154
Biodegradable TABLE 68. HUNGARY BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) .......................... 155
Plastic Market TABLE 69. HUNGARY BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) ........................... 156
TABLE 70. SLOVAKIA BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ......................................... 157
and Industry Forecast, TABLE 71. SLOVAKIA BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) .......................................... 158
2020-2027
TABLE 72. SLOVAKIA BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) .......................... 159
20
TABLE 73. SLOVAKIA BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) ........................... 160
TABLE 74. SLOVENIA BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ......................................... 161
TABLE 75. SLOVENIA BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) .......................................... 162
TABLE 76. SLOVENIA BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) .......................... 163
TABLE 77. SLOVENIA BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) ........................... 164
TABLE 78. CZECH REPUBLIC BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ............................ 165
TABLE 79. CZECH REPUBLIC BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) ............................. 166
TABLE 80. CZECH REPUBLIC BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) ............. 167
TABLE 81. CZECH REPUBLIC BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) .............. 168
TABLE 82. POLAND BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ............................................ 169
TABLE 83. POLAND BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) ............................................. 170
TABLE 84. POLAND BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) ............................. 171
TABLE 85. POLAND BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION).............................. 171
TABLE 86. AUSTRIA BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS)............................................ 172
Europe TABLE 87. AUSTRIA BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) ............................................ 173
Biodegradable TABLE 88. AUSTRIA BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) ............................ 174
Plastic Market TABLE 89. AUSTRIA BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) ............................. 175
TABLE 90. ROMANIA BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) .......................................... 176
and Industry Forecast, TABLE 91. ROMANIA BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) .......................................... 177
2020-2027
TABLE 92. ROMANIA BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS)........................... 178
21
TABLE 93. ROMANIA BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) ........................... 179
TABLE 94. REST OF EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (KILOTONS) ............................ 180
TABLE 95. REST OF EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019–2027 (€MILLION) ............................. 181
TABLE 96. REST OF EUROPE BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (KILOTONS) ............. 182
TABLE 97. REST OF EUROPE BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019–2027 (€MILLION) .............. 183
TABLE 98. EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT ....................................................................................... 185
TABLE 99. AKZONOBEL N.V.: OPERATING SEGMENTS ............................................................................................................... 185
TABLE 100. AKZONOBEL N.V.: PRODUCT PORTFOLIO .................................................................................................................. 186
TABLE 101. EASTMAN CHEMICAL COMPANY: OVERALL FINANCIAL STATUS (€MILLION) ...................................................... 187
TABLE 102. EASTMAN CHEMICAL COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS ............................................. 189
TABLE 103. DANIMER SCIENTIFIC, L.L.C.: COMPANY SNAPSHOT ............................................................................................... 191
TABLE 104. DANIMER SCIENTIFIC, L.L.C.: PRODUCT PORTFOLIO ............................................................................................... 191
TABLE 105. DANIMER SCIENTIFIC, L.L.C.: KEY STRATEGIC MOVES AND DEVELOPMENTS .................................................... 192
TABLE 106. BASF SE: COMPANY SNAPSHOT ................................................................................................................................. 193
Europe TABLE 107. BASF SE: OPERATING SEGMENTS .............................................................................................................................. 194
Biodegradable TABLE 108. BASF SE: PRODUCT PORTFOLIO ................................................................................................................................. 195
Plastic Market TABLE 109. BASF SE: OVERALL FINANCIAL STATUS (€MILLION) ................................................................................................ 196
TABLE 110. BASF SE: KEY STRATEGIC MOVES AND DEVELOPMENTS ....................................................................................... 198
and Industry Forecast, TABLE 111. DOW INC.: COMPANY SNAPSHOT ............................................................................................................................... 200
2020-2027
TABLE 112. DOW INC.: OPERATING SEGMENTS ............................................................................................................................ 201
22
TABLE 113. DOW INC.: PRODUCT PORTFOLIO ............................................................................................................................... 201
TABLE 114. DOW INC.: OVERALL FINANCIAL STATUS (€MILLION) ............................................................................................. 202
TABLE 115. DOW INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS ..................................................................................... 204
TABLE 116. FKUR KUNSTSTOFF GMBH: COMPANY SNAPSHOT .................................................................................................. 206
TABLE 117. FKUR KUNSTSTOFF GMBH: PRODUCT PORTFOLIO .................................................................................................. 206
TABLE 118. HEMP PLASTIC: COMPANY SNAPSHOT ..................................................................................................................... 208
TABLE 119. HEMP PLASTIC.: PRODUCT PORTFOLIO ..................................................................................................................... 208
TABLE 120. MINIMA: COMPANY SNAPSHOT .................................................................................................................................. 210
TABLE 121. MINIMA: PRODUCT PORTFOLIO .................................................................................................................................. 210
TABLE 122. SOLANYL: COMPANY SNAPSHOT................................................................................................................................ 212
TABLE 123. SOLANYL: PRODUCT PORTFOLIO ................................................................................................................................ 212
TABLE 124. MITSUBISHI: COMPANY SNAPSHOT ........................................................................................................................... 214
TABLE 125. MITSUBISHI CHEMICAL HOLDINGS: OPERATING SEGMENTS ................................................................................ 214
TABLE 126. MITSUBISHI: PRODUCT PORTFOLIO ........................................................................................................................... 215
Europe TABLE 127. OVERALL FINANCIAL STATUS (€MILLION) ................................................................................................................. 216
Biodegradable TABLE 128. NOVAMONT S.P.A: COMPANY SNAPSHOT ................................................................................................................. 218
Plastic Market TABLE 129. NOVAMONT S.P.A: OPERATING SEGMENTS .............................................................................................................. 219
TABLE 130. NOVAMONT S.P.A: PRODUCT PORTFOLIO ................................................................................................................. 219

and Industry Forecast, TABLE 131. OVERALL FINANCIAL STATUS (€MILLION) ................................................................................................................. 220
2020-2027
TABLE 132. NOVAMONT S.A.P: KEY STRATEGIC MOVES AND DEVELOPMENTS ....................................................................... 221
23
LIST OF FIGURES
FIGURE 01. KEY MARKET SEGMENT ..................................................................................................................................................31
FIGURE 02. TOP INVESTMENT POCKETS, BY BIO DEGRDABLE PLASTIC TYPE ............................................................................42
FIGURE 03. TOP WINNING STRATEGIES, BY YEAR, 2017–2020 ...................................................................................................44
FIGURE 04. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%) ...........................................................................45
FIGURE 05. TOP WINNING STRATEGIES, BY COMPANY, 2017–2020 ..........................................................................................46
FIGURE 06. MODERATE BARGAINING POWER OF SUPPLIERS ......................................................................................................47
FIGURE 07. MODERATE BARGAINING POWER OF BUYERS ............................................................................................................48
FIGURE 08. LOW THREAT OF NEW ENTRANTS .................................................................................................................................49
FIGURE 09. LOW THREAT OF SUBSTITUTES ......................................................................................................................................50
FIGURE 10. MODERATE INTENSITY OF COMPETITIVE RIVALRY .....................................................................................................51
FIGURE 11. MARKET PLAYER POSITIONING, 2019 .........................................................................................................................52
FIGURE 12. BIODEGRADABLE PLASTIC MARKET DYNAMICS ........................................................................................................53
FIGURE 13. EUROPE BIODEGRADABLE PLASTIC MARKET, PRICING ANALYSIS, BY TYPE, USD/KG .......................................58
Europe
FIGURE 14. EUROPE BIODEGRADABLE PLASTIC MARKET, PRICING ANALYSIS, BY APPLICATION, USD/KG ........................59
Biodegradable
FIGURE 15. BIODEGRADABLE PLASTIC MARKET, BY TYPE, 2019–2027 (€MILILION) ..............................................................71
Plastic Market
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR PLA, BY COUNTRY,
Opportunity Analysis 2019 & 2027 (€MILLION) ...............................................................................................................................................77
2020-2027 FIGURE 17. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR PBAT, BY COUNTRY,
2019 & 2027 (€MILLION) ...............................................................................................................................................81
24
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR PBS, BY COUNTRY,
2019 & 2027 (€MILLION) ...............................................................................................................................................85
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR PHA, BY COUNTRY,
2019 & 2027 (€MILLION) ...............................................................................................................................................89
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR STARCH BLENDS, BY
COUNTRY, 2019 & 2027 (€MILLION)............................................................................................................................93
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR OTHERS, BY
COUNTRY, 2019 & 2027(€MILLION).............................................................................................................................97
FIGURE 22. GLOBAL BIODEGRADABLE PLASTIC MARKET REVENUE, BY APPLICATION (€MILLION)(2019-2027) ...............98
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR PACKAGING, BY
COUNTRY, 2019 & 2027(€MILLION).......................................................................................................................... 104
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR AGRICULTURE, BY
COUNTRY, 2019 & 2027 (€MILLION)........................................................................................................................ 108
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR CONSUMER
DURABLE, BY COUNTRY, 2019 & 2027 (€MILLION) .............................................................................................. 112
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR TEXTILE, BY
COUNTRY, 2019 & 2027 (€MILLION)......................................................................................................................... 116
Europe FIGURE 27. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR OTHER APPLICATION,
Biodegradable BY COUNTRY, 2019 & 2027 (€MILLION) ................................................................................................................... 120
Plastic Market FIGURE 28. EASTMAN CHEMICAL COMPANY: REVENUE, 2017–2019 (€MILLION) ................................................................. 187
FIGURE 29. EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY SEGMENT, 2019 (%) ..................................................... 188
and Industry Forecast, FIGURE 30. EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY REGION, 2019 (%) ......................................................... 188
2020-2027
FIGURE 31. BASF SE: REVENUE, 2017–2019 (€MILLION) .......................................................................................................... 196
25
FIGURE 32. BASF SE: REVENUE SHARE BY SEGMENT, 2019 (%) ............................................................................................... 197
FIGURE 33. BASF SE: REVENUE SHARE BY REGION, 2019 (%) .................................................................................................. 197
FIGURE 34. DOW INC.: REVENUE, 2017–2019 (€MILLION) ........................................................................................................ 202
FIGURE 35. DOW INC.: REVENUE SHARE BY SEGMENT, 2019 (%) ............................................................................................. 203
FIGURE 36. DOW INC.: REVENUE SHARE BY REGION, 2019 (%) ................................................................................................ 203
FIGURE 37. MITSUBISHI: REVENUE, 2017–2019 (€MILLION)..................................................................................................... 216
FIGURE 38. MITSUBISHI: REVENUE SHARE BY SEGMENT, 2019 (%) ......................................................................................... 217
FIGURE 39. NOVAMONT S.P.A: REVENUE, 2017–2019 (€MILLION) .......................................................................................... 220
Europe
Biodegradable
Plastic Market
2020-2027
26
CHAPTER 1: INTRODUCTION
1.1. Report description
The Europe biodegradable plastic market was valued at €752.1 million in 2019, and is projected to reach €
1,720.0 million by 2027, growing at a CAGR of 10.9% from 2020 to 2027.
Biodegradable plastic is a plant-based plastic with no hazardous effects on the environment. It degrades
naturally in base compounds in a reasonable amount of time. Hence, plastic, defined as biodegradable, is made
of molecule that can break down naturally by the action of micro-organisms. Some of the major known types
of biodegradable plastic include polylactic acid (PLA), polybutylene adipate terephthalate (PBAT), polybutylene
succinate (PBS), polyhydroxyalkanoates (PHA), and starch blends.
The Europe biodegradable plastic market is in the growth phase of industry life cycle and is expected to explore
new growth opportunities during the coming years. Some of the basic factors driving the demand for the market
include governmental initiatives to eliminate single use plastic and stringent regulatory outlook against the use
of conventional plastic products. Reducing the number of single use plastic bags per person on an annual
Europe incremental rate will prove to be conducive for the growth of the biodegradable plastics in Europe.
Biodegradable Industry trends are shifting toward biobased products to reduce dependence on conventional plastics.
Plastic Market Biodegradable plastics degrade easily unlike fossil fuel based plastic products, which may take more than 500
Opportunity Analysis years to degrade completely. Moreover, most of the manufacturers in industries such as packaging, textile, and
agriculture are shifting toward biobased plastic due to stringent regulations from the government.
2020-2027
27
Such factors are largely impacting the growth of the Europe biodegradable plastic market. The use of
biodegradable plastics is also increasing in other niche segments inclusive of clinical implants and drug delivery
systems. In orthopedics, biodegradable plastics are finding use in joint replacements, fracture fixation plates,
bone defect fillers, synthetic tendons, ligaments, bone cements, and so forth. Numerous research studies are
underway to enhance the commercial viability of these niche markets.
On the other hand, the growth of the market is restrained by high cost of biodegradable plastic over its
conventional counterparts. For instance, polylactic acid-based bioplastics are at least eight times as expensive
as the petroleum-based plastics. However, new products such as Fruitplast, a bioplastic made from the skins of
tropical fruits at a lower price, are expected to provide lucrative growth opportunities in the upcoming times.
The Europe biodegradable plastic market is segmented on the basis of type, application, and COUNTRY. On the
basis of type, the market is divided into polylactic acid (PLA), polybutylene adipate terephthalate (PBAT),
polybutylene succinate (PBS), polyhydroxyalkanoates (PHA), starch blends, and others.
On the basis of application, the Europe biodegradable plastic market is categorized into packaging, agriculture,
textile, consumer durable, and others.
Europe
Biodegradable The Europe biodegradable plastic market is studied across the UK, Germany, France, Italy, Spain, Romania,
Plastic Market Bulgaria, Hungary, Slovakia, Slovenia, Czech Republic, Austria, Poland, and rest of Europe.
Opportunity Analysis Major manufacturers studied and profiled in the report are BASF SE, Biotec Pvt. Ltd., Biotrem, Danimer Scientific,
Dow Inc., Eastman Chemical Company, Hemp Plastic, Minima, Mitsubishi Chemical Holdings, Novamont SpA,
2020-2027
and Solanyl Biopolymers.
28
1.2. Key benefits for stakeholders
 The report provides an extensive qualitative and quantitative analysis of the current trends and future
estimations of the Europe biodegradable plastic market from 2019 to 2027 to determine the prevailing
opportunities.
 A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
 Estimations and forecast are based on factors impacting the market growth, in terms of both value and
volume.
 Profiles of leading players operating in the market are provided to understand the competitive scenario
in the European markets.
 The report provides extensive qualitative insights on the significant segments and COUNTRYs exhibiting
favorable market growth.
Europe
Biodegradable
Plastic Market
2020-2027
29
1.3. Key market segments for biodegradable plastic
By Type By Country
 PLA (POLYLACTIC ACID)  Europe
 PBAT (POLYBUTYLENE ADIPATE TEREPHTHALATE) o UK
 PBS (POLYBUTYLENE SUCCINATE) o Germany
 PHA (POLYHYDROXYALKANOATES) o France
 Starch Blends o Italy
 Others o Spain
o Romania
o Bulgaria
By Application
o Hungary
 Packaging
o Slovakia
 Agriculture
o Slovenia
 Consumer Durable
o Czech Republic
 Textile
Europe o Austria
 Others
Biodegradable o Poland
Plastic Market o Rest of Europe
2020-2027
30
FIGURE 01. KEY MARKET SEGMENT
BY
APPLICATION
• Packaging
• Consumer Durable
• Agriculture
• Textile By
• Others
TYPE
• PLA
• PBAT
• PHA
• PBS
• Starch Blends
• Others
Source: Primary & Secondary Research and AMR Analysis
Europe
Biodegradable
Plastic Market
2020-2027
31
1.4. Research methodology
With a collective industry experience of about 100 years of its analysts and experts, Allied Market Research
(AMR) encompasses the most infallible research methodology for its market intelligence and industry analysis.
Not only does the company dig deep into the innermost levels of the market, but also examines the minutest
details for its market estimates and forecasts. The approach taken by the company helps to build a greater
market consensus view for size, shape, and industry trends within each industry segment. Industry trends and
real developments are carefully considered for identifying key growth factors and the future course of the
market.
The research proceeds are the result of high-quality data, expert views and analysis, and high-value independent
opinions. The research process is designed to deliver a balanced view of the global markets and allow
stakeholders to make informed decisions to attain their highest growth objectives.
The company offers its clients exhaustive research and analysis based on a wide variety of factual inputs, which
largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house
industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements
Europe of an industry segment. These analytical tools and models sanitize the data and statistics and enhance the
Biodegradable accuracy of our recommendations and advice.
Plastic Market
2020-2027
32
With AMR’s calibrated research process and 360-degree data evaluation methodology, the clients are assured
of receiving:
 Consistent, valuable, robust, and actionable data and analysis that can easily be referenced for strategic
business planning
 Technologically sophisticated and reliable insights through well-audited and veracious research
methodology
 Sovereign research proceeds that present a tangible depiction of marketplace
The strong methodology, thus, makes the research and analysis most reliable and guarantees sound business
planning. For this research report, 18 hours of interviews and discussions have been conducted, with a wide
range of stakeholders, including upstream and downstream participants. Primary research typically is the bulk
of the research efforts; however, it is coherently supported by extensive secondary research.
Over 5,900 product literatures, industry releases, annual reports, and other such documents of key industry
participants have been reviewed, for better market understanding and competitive intelligence.
Europe
Biodegradable In addition, authentic industry journals, medical journals, trade associations’ releases, and government websites
Plastic Market have also been reviewed for generating high-value industry insights.
2020-2027
33
1.4.1. Secondary research
For the secondary research, a broad array of industry sources is referred, which typically includes, however, are
not limited to:
 Company SEC filings, annual reports, company websites, broker and financial reports, and investor
presentations to know the competitive scenario and shape of the industry
 Patent and regulatory databases for understanding of technical and legal developments
 Scientific and technical writings for product information
 COUNTRYal government and statistical databases for macro-analysis
 Authentic new articles, web-casts, and other related releases
 Internal and external proprietary databases, key market indicators, and relevant press releases for
market estimates and forecasts
1.4.2. Primary research
Primary research efforts include reaching out to participants through mail, tele-conversations, referrals,
professional networks, and face-to-face interactions. Professional corporate relations have been established
Europe with various companies. It allows for greater flexibility in reaching out to industry participants and commentators
Biodegradable for interviews and discussions, fulfilling the following functions:
Plastic Market  Validates and improves the data quality and strengthens research proceeds
Opportunity Analysis  Further develops analyst team’s market understanding and expertise
 Supplies authentic information about market size, share, growth, and forecasts
2020-2027
34
The primary research interview and discussion panels are typically composed of the most experienced industry
members. The participants include, however, are not limited to:
 Chief executives and VPs of leading corporations specific to an industry

 Product and sales managers or country heads; channel partners and top-level distributors; banking,
investments, and valuation experts
 Key opinion leaders (KOLs)
1.5. Analyst tools and models

AMR has a developed set of analyst tools and data models to supplement and expedite the analysis process.
Corresponding to the markets where there is significant lack of information and estimates, AMR’s team of
experts and analysts develop specific analyst tools and industry models. These models are used to translate
qualitative and quantitative industry indicators into exact industry estimates. These models also allow them to
examine the prospects and opportunities prevailing in the market to accurately forecast the course of the
market.
Europe
Biodegradable
Plastic Market
2020-2027
35
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
 Based on type, the starch blends segment emerged as the leader by acquiring XX% market share in
2019, and it is anticipated to be the largest market during the forecast period
 France is the major consumer of biodegradable plastic among other countries. It accounted for more
than XX% of the total market share in 2019.
 Presence of large number of regulatory bodies in Europe is one of the key factors behind the flourishing
growth in Europe.
 Packaging is single major application segment of the biodegradable plastic, wherein, growth is driven
by flexible and rigid packaging applications.
Europe
Biodegradable
Plastic Market
2020-2027
36
2.2. CXO perspective
Biodegradable plastic is considered as the major innovation from renewable material as the world is discovering
alternatives to single use plastic products. It is being adopted as a perfect substitute to single use plastic as this
plastic decomposes after a definite period by causing no harm to environment.
Increase in number of manufacturers, favorable government policies for the adoption of sustainable and
biodegradable products along with easy availability of renewable feedstock boost the growth of the
biodegradable plastic market. Rise in consumer acceptance due to various awareness and education programs
regarding biobased products is providing a new perspective to eliminate usage of conventional plastic.
However, higher price of biobased plastic as compared to traditional plastic coupled with low performance
standards hamper the market growth.
At present, use of biodegradable plastic in packaging is the highest and is projected to remain the same through
2026 on account of its favorable properties. On the other hand, relative inferior performance of biodegradable
plastic especially PLA plastics against traditional petroleum-based plastics is expected to be the key concern.
Despite being biodegradable, one of the key advantages is its properties are similar to the conventional plastic,
Europe which makes biodegradable plastic a perfect substitute to conventional plastic.
Biodegradable
Plastic Market
2020-2027
37
CHAPTER 3: MARKET OVERVIEW
3.1. Key findings
3.1.1. Top investment pockets
Top investment pocket is studied on the basis on plastic type of the biodegradable plastic. Among all the types,
PLA, PBAT, and starch blends are expected to be the emerging investment pockets. Starch blends is the largest
market currently in terms of consumption and revenue generation. This is because starch blend can be modified
as per the desired properties during manufacturing, which makes it unique when compared to other plastic
types. Hence, plastic made from starch blends is adopted significantly in the agriculture and packaging
applications. PLA is majorly preferred after starch blends and hence, there is an increase in the demand for PLA.
PLA is cost-effective and its impact is observed by its increased demand. There have been rapid changes in the
capacity expansion of PLA, which is being upgraded on a yearly basis. PBAT has been mainly seen as a suitable
biodegradable substitute to LDPE at relatively considerable prices. Demand for PBAT is expected to be seen in
disposable biomedical and hygiene products.
Europe
Biodegradable
Plastic Market
2020-2027
38
FIGURE 02. TOP INVESTMENT POCKETS, BY BIO DEGRDABLE PLASTIC TYPE
Market Growth
Market Attractiveness
Source: Primary & Secondary Research and AMR Analysis
Europe
Biodegradable
Plastic Market
2020-2027
39
CHAPTER 4: EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE
4.1. Overview
Based on type, the global biodegradable plastic market is segmented into
 Polylactic Acid (PLA)

 Polybutylene adipate terephthalate (PBAT)
 Polybutylene Succinate (PBS)
 Polyhydroxyalkanoates (PHA)
 Starch Blends
 Others
FIGURE 03. BIODEGRADABLE PLASTIC MARKET, BY TYPE, 2019 2027 ( MILILION)
XX 2019 2027
XX
XX
Europe XX
XX
Biodegradable XX
XX
Plastic Market XX
XX
XX
PLA PBAT PBS PHA Others
2020-2027
Source: Primary Research, Government Publications, and AMR Analysis
40
4.1.1. Market size and forecast
The biodegradable plastic market for PLA was XX kilotons in 2019 and is projected to reach XX kilotons by 2027.
The biodegradable plastic market for PBAT was XX kilotons in 2019 and is anticipated to reach XX kilotons by
2027, registering a CAGR of XX%.
TABLE 01. EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE, 2019 2027 (KILOTONS)
CAGR
TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020-2027)
PLA XX XX XX XX XX XX XX XX XX XX%
PBAT XX XX XX XX XX XX XX XX XX XX%
PBS XX XX XX XX XX XX XX XX XX XX%
PHA XX XX XX XX XX XX XX XX XX XX%
Starch Blend XX XX XX XX XX XX XX XX XX XX%
Others XX XX XX XX XX XX XX XX XX XX%
Total (Volume) XX XX XX XX XX XX XX XX XX XX%
Europe Source: Primary Research, Government Publications, and AMR Analysis
Biodegradable
Plastic Market
2020-2027
41
The biodegradable plastic market for PLA was valued at €XX million in 2019 and is projected to reach €XX million
by 2027. The biodegradable plastic market for PBAT was valued at €XX million in 2019 and is anticipated to
reach €XX million by 2027, registering a CAGR of XX%.
TABLE 02. BIODEGRADABLE PLASTIC MARKET, BY TYPE, 2019 2027 ( MILLION)

CAGR
TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020-2027)
Total Value XX XX XX XX XX XX XX XX XX XX%
Europe
Biodegradable
Plastic Market
2020-2027
42
4.1.2. Polylactic Acid (PLA)
Polylactic Acid (PLA) is manufactured from lactic acid and is used in food packaging. It becomes degradable at
high moisture level and heat over 140° F to begin the self hydrolyzation process. However, without this
environment Polylactic Acid (PLA) requires long time to degrade at normal room temperature. The overall
application scope of Polylactic acid (PLA) includes packaging, consumer durable, and textile uses.
4.1.2.1. Key market trends, growth factors, and opportunities

After starch blend, PLA is the major type of biodegradable bioplastic preferred largely as it is relatively cost
effective and suitable for large number of packaging needs.
It has emerged as an alternative to traditional fossil based plastic more specifically polyethylene terephthalate
(PET) and to other plastic as well. PLA is approved and recommended plastic packaging material by various food
regulatory bodies and authorities, making it highly suitable in various food packaging applications. PLA is
transparent in appearance, which makes it desirable for packaging, wherein, product can be easily visible to
consumers. PLA is a breathable material and ideal for food packaging that requires oxygen, for example salad
leaves. Therefore, PLA is majorly a food packaging material and growing sustainable packaging needs is mainly
Europe driving its consumption.
Biodegradable
4.1.2.2. Market size and forecast, by country
Plastic Market
The Europe biodegradable plastic market for PLA was valued at XX kilo tons in 2019, and is projected to reach
XX kilo tons by 2027. The market for Germany was valued at XX kilo tons in 2019, and is anticipated to reach XX
2020-2027 kilo tons by 2026, registering a CAGR of XX%.
43
TABLE 03. EUROPE BIODEGRADABLE PLASTIC MARKET FOR PLA, BY COUNTRY, 2019 2027 (KILOTONS)
CAGR
COUNTRY 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020-2027)
Germany XX XX XX XX XX XX XX XX XX XX%
France XX XX XX XX XX XX XX XX XX XX%
Italy XX XX XX XX XX XX XX XX XX XX%
Spain XX XX XX XX XX XX XX XX XX XX%
UK XX XX XX XX XX XX XX XX XX XX%
Romania XX XX XX XX XX XX XX XX XX XX%
Bulgaria XX XX XX XX XX XX XX XX XX XX%
Hungary XX XX XX XX XX XX XX XX XX XX%
Slovakia XX XX XX XX XX XX XX XX XX XX%
Slovenia XX XX XX XX XX XX XX XX XX XX%
Czech Republic XX XX XX XX XX XX XX XX XX XX%
Europe Austria XX XX XX XX XX XX XX XX XX XX%
Biodegradable Poland XX XX XX XX XX XX XX XX XX XX%

Plastic Market Rest of Europe XX XX XX XX XX XX XX XX XX XX%
Opportunity Analysis Total (Volume) XX XX XX XX XX XX XX XX XX XX%

2020-2027
44
The Europe biodegradable plastic market for PLA was valued at €XX million in 2019 and is projected to reach
€XX million by 2027. The Germany biodegradable plastic market for PLA was valued at €XX million in 2019 and
is anticipated to reach €XX million by 2027, registering a CAGR of XX%.
TABLE 04. EUROPE BIODEGRADABLE PLASTIC MARKET FOR PLA, BY COUNTRY, 2019 2027 ( MILLION)
CAGR
COUNTRY 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020-2027)
Europe Czech Republic XX XX XX XX XX XX XX XX XX XX%
Biodegradable Austria XX XX XX XX XX XX XX XX XX XX%
Plastic Market Poland XX XX XX XX XX XX XX XX XX XX%
Rest of Europe XX XX XX XX XX XX XX XX XX XX%

and Industry Forecast, Total Value XX XX XX XX XX XX XX XX XX XX%
2020-2027 Source: Primary Research, Government Publications, and AMR Analysis
45
4.1.2.3. Market share analysis, by country
FIGURE 04. COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE PLASTIC MARKET FOR PLA, BY COUNTRY, 2019 & 2027
( MILLION)
XX 2019 2027
XX XX
XX XX
XX
XX XX XX
XX XX XX
XX XX XX
XX XX
XX XX
XX XX XX XX
XX XX
XX XX XX
Biodegradable
Plastic Market
2020-2027
46
CHAPTER 5: BIODEGRADABLE PLASTIC MARKET, BY APPLICATION
5.1. Overview
Based on application, the global biodegradable plastic market is segmented into:
 Packaging
 Consumer Durable
 Agriculture
 Textile
 Others
Europe
Biodegradable
Plastic Market
2020-2027
47
5.1.1. Market size and forecast by Biodegradable Plastic Application
The Europe biodegradable plastic market for packaging was valued at XX kilotons in 2019, and is projected to
reach XX kilotons by 2027. The market for the agriculture was valued at XX kilotons in 2019, and is anticipated
to reach XX kilotons by 2027, registering a CAGR of XX%.
TABLE 05. GLOBAL BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019-2027 (KILOTONS)

CAGR
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2019–2027)
Packaging XX XX XX XX XX XX XX XX XX XX%
Agriculture XX XX XX XX XX XX XX XX XX XX%
Consumer Durables XX XX XX XX XX XX XX XX XX XX%
Textile XX XX XX XX XX XX XX XX XX XX%
Europe
Biodegradable
Plastic Market
2020-2027
48
The Europe biodegradable plastic market for packaging was valued at €XX million in 2019, and is projected to
reach €XX million by 2027. The market for the consumer durable was valued at €XX million in 2019, and is
anticipated to reach €XX million by 2027, registering a CAGR of XX%.
TABLE 06. GLOBAL BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019 2027 ( MILLION)
CAGR
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2019–2027)
Europe
Biodegradable
Plastic Market
2020-2027
49
CHAPTER 6: EUROPE BIODEGRADABLE PLASTIC MARKET, BY COUNTRY
6.1. Overview
Based on country, the biodegradable plastic market is segmented into:
 Germany
 France
 Italy
 Spain
 UK
 Romania
 Bulgaria
 Hungary
 Slovakia
 Slovenia
Europe  Czech Republic
Biodegradable  Austria
Plastic Market  Poland
Opportunity Analysis  Rest of Europe

2020-2027
50
6.1.1. Market size and forecast by country
The Germany plastic market was valued at XX kilotons in 2019, and is projected to reach XX kilotons by 2027.
The market for the France was valued at XX kilotons in 2019, and is anticipated to reach XX kilotons by 2027,
registering a CAGR of XX%.
TABLE 07. EUROPE BIODEGRADABLE PLASTIC MARKET, BY COUNTRY 2019 2027 (KILOTONS)
CAGR
COUNTRY 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020–2027)
Europe Slovenia XX XX XX XX XX XX XX XX XX XX%
Biodegradable Czech Republic XX XX XX XX XX XX XX XX XX XX%
Plastic Market Austria XX XX XX XX XX XX XX XX XX XX%
Poland XX XX XX XX XX XX XX XX XX XX%
Opportunity Analysis Rest of Europe XX XX XX XX XX XX XX XX XX XX%
Total XX XX XX XX XX XX XX XX XX XX%
2020-2027
51
The Germany plastic market was valued at €XX million in 2019, and is projected to reach €XX million by 2027.
The market for the France was valued at €XX million in 2019, and is anticipated to reach €XX million by 2027,
registering a CAGR of XX%.
TABLE 08. EUROPE BIODEGRADABLE PLASTIC MARKET, BY COUNTRY 2019 2027 ( MILLION)
CAGR
COUNTRY 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020–2027)
Europe Czech Republic XX XX XX XX XX XX XX XX XX XX%
Biodegradable Austria XX XX XX XX XX XX XX XX XX XX%
Plastic Market Poland XX XX XX XX XX XX XX XX XX XX%
Rest of Europe XX XX XX XX XX XX XX XX XX XX%

and Industry Forecast, Total Value XX XX XX XX XX XX XX XX XX XX%
2020-2027 Source: Primary Research, Government Publications, and AMR Analysis
52
6.2. Europe
The major countries involved in the development and production of bioplastic in Europe are Germany, Italy,
France, Spain, and the UK. Europe adopts bioplastics over conventional plastic to transform into a proper waste
management COUNTRY. European association is promoting government and environmental policies, regarding
sustainability and bio-degradability, which is a significant factor that drives the growth of the biodegradable
plastic market in Europe.
6.2.1. Key market trends and opportunities

Increase in demand for bioplastic products among European customers stimulates the growth of biobased
products in this country. European customers choose bioplastic products over conventional plastic products
considering their environmental benefits. Thus Europe has significant market share in terms of revenue in the
global biodegradable market.
European legal framework and strategies foster the extensive use of biobased plastic products and provide
growth opportunities for the Europe biodegradable market. Favorable government policies for the bioplastic
manufacturers in Europe is another significant factor responsible for the market growth. Packaging industries
Europe in the European country are planning to replace conventional plastic with bioplastic in mushroom, vegetables,
Biodegradable and fruits packaging business.
Plastic Market
2020-2027
53
6.2.1.1. Market size and forecast by Biodegradable Plastic Type
The Europe biodegradable plastic market for PLA was valued at XX kilotons in 2019, and is projected to reach
XX kilotons by 2027. The market for the PBAT was valued at XX kilotons in 2019, and is anticipated to reach XX
kilotons by 2027, registering a CAGR of XX%.
TABLE 09. EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019 2027 (KILOTONS)
CAGR
TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020–2027)
Biodegradable
Plastic Market
2020-2027
54
The Europe biodegradable plastic market for PLA was valued at €XX million in 2019, and is projected to reach
€XX million by 2027. The market for the PBAT was valued at €XX million in 2019, and is anticipated to reach €XX
million by 2027, registering a CAGR of XX%.
TABLE 10. EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019 2027 ( MILLION)
CAGR
TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020–2027)
Europe
Biodegradable
Plastic Market
2020-2027
55
6.2.1.2. Market size and forecast by biodegradable plastic Application
The Europe biodegradable plastic market for packaging was valued at XX kilotons in 2019, and is projected to
reach XX kilotons by 2027. The market for the agriculture was valued at XX kilotons in 2019, and is anticipated
to reach XX kilotons by 2027, registering a CAGR of XX%.
TABLE 11. EUROPE BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019 2027 (KILOTONS)
CAGR
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020–2027)
Europe
Biodegradable
Plastic Market
2020-2027
56
The Europe biodegradable plastic market for packaging was valued at €XX million in 2019, and is projected to
reach €XX million by 2027. The market for the agriculture was valued at €XX million in 2019, and is anticipated
to reach €XX million by 2027, registering a CAGR of XX%.
TABLE 12. EUROPE BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019 2027 ( MILLION)
CAGR
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020–2027)
Europe
Biodegradable
Plastic Market
2020-2027
57
6.2.2. Germany
Germany has significant market share in biodegradable plastic market. This is attributed to the circular economy
of Germany that promotes the use of bio waste and certified bio-based plastic bags under bio waste ordinance.
As the government is focusing to promote environmental sustainability, the market demand for such plastic is
expected to witness steady growth in projected timeframe. In addition, presence of large number of industry
players such as BASF SE, Novamont S.p.A. will boost the market growth through product innovation and new
partnerships with domestic players.
6.2.2.1. Market size and forecast by biodegradable plastic Type

The Germany biodegradable plastic market for PLA was valued at XX kilotons in 2019, and is projected to reach
XX kilotons by 2027. The market for the PBAT was valued at XX kilotons in 2019, and is anticipated to reach XX
kilotons by 2027, registering a CAGR of XX%.
TABLE 13. GERMANY BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019 2027 (KILOTONS)
CAGR
TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020–2027)
Europe PBAT XX XX XX XX XX XX XX XX XX XX%
Biodegradable PBS XX XX XX XX XX XX XX XX XX XX%
Plastic Market PHA XX XX XX XX XX XX XX XX XX XX%

Opportunity Analysis Others XX XX XX XX XX XX XX XX XX XX%
2020-2027
58
The Germany biodegradable plastic market for PLA was valued at €XX million in 2019, and is projected to reach
€XX million by 2027. The market for the PBAT was valued at €XX million in 2019, and is anticipated to reach €XX
million by 2027, registering a CAGR of XX%.
TABLE 14. GERMANY BIODEGRADABLE PLASTIC MARKET, BY TYPE 2019 2027 ( MILLION)
CAGR
TYPE 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020–2027)
Europe 6.2.2.2. Market size and forecast by Biodegradable Plastic Application

Biodegradable The Germany biodegradable plastic market for packaging was valued at XX kilotons in 2019, and is projected
Plastic Market to reach XX kilotons by 2027. The market for the agriculture was valued at XX kilotons in 2019, and is anticipated
Opportunity Analysis to reach XX kilotons by 2027, registering a CAGR of XX%.

2020-2027
59
TABLE 15. GERMANY BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019 2027 (KILOTONS)
CAGR
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020–2027)
The Germany biodegradable plastic market for packaging was valued at €XX million in 2019, and is projected
to reach €XX million by 2027. The market for the agriculture was valued at €XX million in 2019, and is anticipated
to reach €XX million by 2027, registering a CAGR of XX%.
TABLE 16. GERMANY BIODEGRADABLE PLASTIC MARKET, BY APPLICATION 2019 2027 ( MILLION)
CAGR
APPLICATION 2019 2020 2021 2022 2023 2024 2025 2026 2027
(2020–2027)
Europe Packaging XX XX XX XX XX XX XX XX XX XX%
Biodegradable
Plastic Market
Opportunity Analysis Others XX XX XX XX XX XX XX XX XX XX%

2020-2027
60
CHAPTER 7: COMPANY PROFILES
7.1. EASTMAN CHEMICAL COMPANY
Address 1
Address 2
Country
Tel.: XX-XXX-XXXX
Website: www.XXXXXX.com
7.1.1. Company overview
Europe
Biodegradable
SAMPLE TEXT
Plastic Market
2020-2027
61
7.1.2. Company snapshot
TABLE 17. EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT
Information Description
Year of Foundation
Key Executive(s)
Primary Business
Geographical Presence
Research & Development Expenditure

(€Million)
Key Strategy
Workforce
Source: Corporate Publications and AMR Analysis
Europe
Biodegradable
Plastic Market
2020-2027
62
7.1.3. Operating business segments
Eastman Chemical Company operates its business through the following four reportable segments:
TABLE 18. AKZONOBEL N.V.: OPERATING SEGMENTS
Segment Description
Additives & Functional Products
Advanced Materials
Chemical Intermediates
Fibers
7.1.4. Product portfolio

Eastman Chemical Company offers its products and services through the following product category:
TABLE 19. AKZONOBEL N.V.: PRODUCT PORTFOLIO
Product Category Brand/Product

Europe Biodegradable plastic
Biodegradable Source: Corporate Publications and AMR Analysis
Plastic Market
2020-2027
63
7.1.5. Business performance
FIGURE 05. EASTMAN CHEMICAL COMPANY: REVENUE, 2017 2019 ( MILLION)
Net sales ($Million)

XX
XX
XX
2017 2018 2019
TABLE 20. EASTMAN CHEMICAL COMPANY: OVERALL FINANCIAL STATUS ( MILLION)
YEAR 2017 2018 2019

Europe Revenue
Biodegradable Source: Corporate Publications and AMR Analysis
Plastic Market
2020-2027
64
FIGURE 06. EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY SEGMENT, 2019 (%)
XX% Additives & Functional Products
XX% Advanced Materials

XX%
Chemical Intermediates
XX% Fibers
FIGURE 07. EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY REGION, 2019 (%)
XX% United States and Canada
XX% Europe, Middle East, and Africa

XX%
Europe
Biodegradable Asia-Pacific
Plastic Market
XX% Latin America
2020-2027 Source: Corporate Publications and AMR Analysis
65
7.1.6. Key strategic moves and developments
Eastman Chemical Company adopted product launch as its key developmental strategy to sustain the intense
competition and improve its product portfolio.
TABLE 21. EASTMAN CHEMICAL COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
Date Strategy Description
May 2019
Europe
Biodegradable
Plastic Market
2020-2027
66
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other means, I/we do hereby accept the same.
Biodegradable
Plastic Market
Opportunity Analysis FOR INFORMATION REGARDING PERMISSIONS, CONTACT:
2020-2027 Tel: U.S.:+1 (503 894-6022) | UK: +44-845-528-1300
Email: sales@alliedmarketresearch.com
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2020

EUROPE BIODEGRADABLE PLASTIC

Bioplastics Market - Forecast, 2018-2024

Bioplastic Composites Market - Forecast, 2017-2023

1.4.2. Primary research ..................................................................................................................... 34

1.5. Analyst tools and models ......................................................................................... 35

CHAPTER 2: EXECUTIVE SUMMARY............................................................................ 36

Opportunity Analysis 3.2. Key findings............................................................................................................... 41

3.3.2. Top winning strategies, by development ..................................................................... 45

3.3.3. Top winning strategies, by company ............................................................................. 46

3.4. Porter’s five forces analysis ..................................................................................... 47

CHAPTER 4: EUROPE BIODEGRADABLE PLASTIC MARKET, BY TYPE ..................... 71

4.1.2. Polylactic Acid (PLA) .............................................................................................................. 74

4.1.2.1. Key market trends, growth factors, and opportunities ......................................74

4.1.4.1. Key market trends, growth factors, and opportunities ......................................82

4.1.5. PHA (Polyhydroxyalkanoates) ........................................................................................... 85

4.1.5.1. Key market trends, growth, factors and opportunities ......................................86

4.1.6. Starch blends ............................................................................................................................ 89

4.1.6.1. Key market trends, growth, factors and opportunities ......................................90

4.1.7. Others .......................................................................................................................................... 94

5.2. Packaging ................................................................................................................ 100

5.2.2. Market size and forecast, by country ........................................................................... 101

5.2.3. Market share analysis, by country ................................................................................. 104

5.3. Agriculture............................................................................................................... 104

5.3.2. Market size and forecast, by country ........................................................................... 105

5.3.3. Market share analysis, by country ................................................................................. 108

5.4. Consumer durable .................................................................................................. 109

5.5.3. Market share analysis, by country ................................................................................. 116

5.6. Others ...................................................................................................................... 117

5.6.2. Market size and forecast, by country ........................................................................... 117

5.6.3. Market share analysis, by country ................................................................................. 120

CHAPTER 6: EUROPE BIODEGRADABLE PLASTIC MARKET, BY COUNTRY........... 121

6.2. Europe ...................................................................................................................... 124

6.2.4. Italy ............................................................................................................................................. 137

6.2.5. Spain .......................................................................................................................................... 141

6.2.6. Bulgaria ..................................................................................................................................... 145

6.2.7. UK................................................................................................................................................ 148

6.2.10. Slovenia .................................................................................................................................... 161

6.2.11. Czech Republic ...................................................................................................................... 165

6.2.12. Poland ....................................................................................................................................... 168

6.2.13. Austria ....................................................................................................................................... 172

CHAPTER 7: COMPANY PROFILES............................................................................. 184

7.1.2. Company snapshot .............................................................................................................. 185

7.1.3. Operating business segments ......................................................................................... 185

7.1.4. Product portfolio .................................................................................................................. 186

7.1.5. Business performance......................................................................................................... 187

7.1.6. Key strategic moves and developments ..................................................................... 189

7.2. DANIMER SCIENTIFIC ............................................................................................. 190

7.3.2. Company snapshot .............................................................................................................. 193

7.3.3. Operating business segments ......................................................................................... 194

7.3.4. Product portfolio .................................................................................................................. 195

7.3.5. Business performance......................................................................................................... 196

7.3.6. Key strategic moves and developments ..................................................................... 198

7.4. DOW INC. ................................................................................................................ 199

7.4.2. Company snapshot .............................................................................................................. 200

7.4.3. Operating business segments ......................................................................................... 201

7.4.4. Product portfolio .................................................................................................................. 201

7.6. HEMP PLASTIC ........................................................................................................ 207

7.6.2. Company snapshot .............................................................................................................. 208

7.6.3. Product portfolio .................................................................................................................. 208

7.7. MINIMA TECHNOLOGY CO. LTD. .......................................................................... 209

7.7.2. Company snapshot .............................................................................................................. 210

7.7.3. Product portfolio .................................................................................................................. 210