Report

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Biodegradable Polymers Market 2025-2029

Biodegradable Polymers Market Outlook (2025–2029)

The biodegradable polymers market is projected to grow by USD 3.38 billion between 2024 and 2029, advancing at a CAGR of 8.1%.

Market Dynamics

Key Growth Drivers

  • Heightened awareness of environmental issues is spurring demand.
  • In 2024, an estimated 220 million tonnes of plastic waste were produced, with nearly 69.5 million tonnes mismanaged, causing widespread land, ocean, and air pollution.
  • With a global recycling rate of just 9%, there’s rising urgency to adopt biodegradable alternatives.
  • PBS and biodegradable films are gaining traction. PBS, a bio-based aliphatic polyester, and agricultural films are being increasingly used for compostable applications.
  • Ongoing research aims to boost degradation rates and shorten composting times, aligning with sustainability priorities.

Key Market Trends

  • New product development is a dominant trend. Companies are focusing on high-performance biodegradable polymers with improved impact strength and permeability.
  • Fiber reinforcement and bioplastic additives are enhancing usability, particularly in packaging.
  • Recycling technologies for bioplastics are receiving strong investment.
  • Products like Lubrizol’s Carbopol Fusion S-20, a starch-derived biodegradable polymer for personal care, showcase innovation aligned with Green Chemistry principles.

Market Challenges

  • Mechanical and functional limitations continue to restrict adoption in critical sectors.
    • Materials like PLA and bio-based composites suffer from brittleness, lower flexibility, and reduced thermal resistance.
    • These traits limit their use in applications requiring high durability, such as automotive parts, food preservation, and medical devices.
  • The market’s success hinges on resolving these performance gaps through technological advancements and certification standards supporting the circular economy.

Key Companies & Strategic Insights

To strengthen their market position, leading firms are engaging in:

  • Strategic alliances
  • Mergers and acquisitions
  • Geographic expansion
  • New product launches

Notable Players Include:

  • BASF SE (Ecoflex, Ecovio)
  • Corbion N.V.
  • Novamont S.p.A.
  • NatureWorks LLC
  • DuPont de Nemours Inc.
  • Mitsubishi Chemical Group
  • LG Chem Ltd.
  • Solvay SA
  • ...and others

The market analysis includes qualitative and quantitative evaluations, categorizing firms as:

  • Pure play
  • Category-focused
  • Industry-focused
  • Diversified

Performance is ranked as:

  • Dominant
  • Leading
  • Strong
  • Tentative
  • Weak

TABLE OF CONTENTS

1 Executive Summary

1.1 Market overview

  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market by Geography
  • Executive Summary - Chart on Market Segmentation by Method
  • Executive Summary - Chart on Market Segmentation by Industry Application
  • Executive Summary - Chart on Market Segmentation by Type
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

2.2 Criticality of inputs and Factors of differentiation

  • Overview on criticality of inputs and factors of differentiation

2.3 Factors of disruption

  • Overview on factors of disruption

2.4 Impact of drivers and challenges

  • Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem

  • Parent Market
  • Data Table on - Parent Market

3.2 Market characteristics

  • Market characteristics analysis

3.3 Value chain analysis

  • Value chain analysis

4 Market Sizing

4.1 Market definition

  • Offerings of companies included in the market definition

4.2 Market segment analysis

  • Market segments

4.3 Market size 2024

4.4 Market outlook: Forecast for 2024-2029

  • Chart on Global - Market size and forecast 2024-2029 ($ million)
  • Data Table on Global - Market size and forecast 2024-2029 ($ million)
  • Chart on Global Market: Year-over-year growth 2024-2029 (%)
  • Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Biodegradable Polymers Market 2019 - 2023

  • Historic Market Size - Data Table on Global Biodegradable Polymers Market 2019 - 2023 ($ million)

5.2 Method segment analysis 2019 - 2023

  • Historic Market Size - Method Segment 2019 - 2023 ($ million)

5.3 Industry Application segment analysis 2019 - 2023

  • Historic Market Size - Industry Application Segment 2019 - 2023 ($ million)

5.4 Type segment analysis 2019 - 2023

  • Historic Market Size - Type Segment 2019 - 2023 ($ million)

5.5 Geography segment analysis 2019 - 2023

  • Historic Market Size - Geography Segment 2019 - 2023 ($ million)

5.6 Country segment analysis 2019 - 2023

  • Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

  • 6.1 Impact Analysis of U.S. Tariffs on Global Biodegradable Polymers Market

7 Five Forces Analysis

7.1 Five forces summary

  • Five forces analysis - Comparison between 2024 and 2029

7.2 Bargaining power of buyers

  • Bargaining power of buyers - Impact of key factors 2024 and 2029

7.3 Bargaining power of suppliers

  • Bargaining power of suppliers - Impact of key factors in 2024 and 2029

7.4 Threat of new entrants

  • Threat of new entrants - Impact of key factors in 2024 and 2029

7.5 Threat of substitutes

  • Threat of substitutes - Impact of key factors in 2024 and 2029

7.6 Threat of rivalry

  • Threat of rivalry - Impact of key factors in 2024 and 2029

7.7 Market condition

  • Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Method

8.1 Market segments

  • Chart on Method - Market share 2024-2029 (%)
  • Data Table on Method - Market share 2024-2029 (%)

8.2 Comparison by Method

  • Chart on Comparison by Method
  • Data Table on Comparison by Method

8.3 Injection molding - Market size and forecast 2024-2029

  • Chart on Injection molding - Market size and forecast 2024-2029 ($ million)
  • Data Table on Injection molding - Market size and forecast 2024-2029 ($ million)
  • Chart on Injection molding - Year-over-year growth 2024-2029 (%)
  • Data Table on Injection molding - Year-over-year growth 2024-2029 (%)

8.4 Extrusion - Market size and forecast 2024-2029

  • Chart on Extrusion - Market size and forecast 2024-2029 ($ million)
  • Data Table on Extrusion - Market size and forecast 2024-2029 ($ million)
  • Chart on Extrusion - Year-over-year growth 2024-2029 (%)
  • Data Table on Extrusion - Year-over-year growth 2024-2029 (%)

8.5 Blow molding - Market size and forecast 2024-2029

  • Chart on Blow molding - Market size and forecast 2024-2029 ($ million)
  • Data Table on Blow molding - Market size and forecast 2024-2029 ($ million)
  • Chart on Blow molding - Year-over-year growth 2024-2029 (%)
  • Data Table on Blow molding - Year-over-year growth 2024-2029 (%)

8.6 Thermoforming - Market size and forecast 2024-2029

  • Chart on Thermoforming - Market size and forecast 2024-2029 ($ million)
  • Data Table on Thermoforming - Market size and forecast 2024-2029 ($ million)
  • Chart on Thermoforming - Year-over-year growth 2024-2029 (%)
  • Data Table on Thermoforming - Year-over-year growth 2024-2029 (%)

8.7 Others - Market size and forecast 2024-2029

  • Chart on Others - Market size and forecast 2024-2029 ($ million)
  • Data Table on Others - Market size and forecast 2024-2029 ($ million)
  • Chart on Others - Year-over-year growth 2024-2029 (%)
  • Data Table on Others - Year-over-year growth 2024-2029 (%)

8.8 Market opportunity by Method

  • Market opportunity by Method ($ million)
  • Data Table on Market opportunity by Method ($ million)

9 Market Segmentation by Industry Application

9.1 Market segments

  • Chart on Industry Application - Market share 2024-2029 (%)
  • Data Table on Industry Application - Market share 2024-2029 (%)

9.2 Comparison by Industry Application

  • Chart on Comparison by Industry Application
  • Data Table on Comparison by Industry Application

9.3 Packaging - Market size and forecast 2024-2029

  • Chart on Packaging - Market size and forecast 2024-2029 ($ million)
  • Data Table on Packaging - Market size and forecast 2024-2029 ($ million)
  • Chart on Packaging - Year-over-year growth 2024-2029 (%)
  • Data Table on Packaging - Year-over-year growth 2024-2029 (%)

9.4 Agriculture - Market size and forecast 2024-2029

  • Chart on Agriculture - Market size and forecast 2024-2029 ($ million)
  • Data Table on Agriculture - Market size and forecast 2024-2029 ($ million)
  • Chart on Agriculture - Year-over-year growth 2024-2029 (%)
  • Data Table on Agriculture - Year-over-year growth 2024-2029 (%)

9.5 Biomedical - Market size and forecast 2024-2029

  • Chart on Biomedical - Market size and forecast 2024-2029 ($ million)
  • Data Table on Biomedical - Market size and forecast 2024-2029 ($ million)
  • Chart on Biomedical - Year-over-year growth 2024-2029 (%)
  • Data Table on Biomedical - Year-over-year growth 2024-2029 (%)

9.6 Textiles - Market size and forecast 2024-2029

  • Chart on Textiles - Market size and forecast 2024-2029 ($ million)
  • Data Table on Textiles - Market size and forecast 2024-2029 ($ million)
  • Chart on Textiles - Year-over-year growth 2024-2029 (%)
  • Data Table on Textiles - Year-over-year growth 2024-2029 (%)

9.7 Others - Market size and forecast 2024-2029

  • Chart on Others - Market size and forecast 2024-2029 ($ million)
  • Data Table on Others - Market size and forecast 2024-2029 ($ million)
  • Chart on Others - Year-over-year growth 2024-2029 (%)
  • Data Table on Others - Year-over-year growth 2024-2029 (%)

9.8 Market opportunity by Industry Application

  • Market opportunity by Industry Application ($ million)
  • Data Table on Market opportunity by Industry Application ($ million)

10 Market Segmentation by Type

10.1 Market segments

  • Chart on Type - Market share 2024-2029 (%)
  • Data Table on Type - Market share 2024-2029 (%)

10.2 Comparison by Type

  • Chart on Comparison by Type
  • Data Table on Comparison by Type

10.3 PLA - Market size and forecast 2024-2029

  • Chart on PLA - Market size and forecast 2024-2029 ($ million)
  • Data Table on PLA - Market size and forecast 2024-2029 ($ million)
  • Chart on PLA - Year-over-year growth 2024-2029 (%)
  • Data Table on PLA - Year-over-year growth 2024-2029 (%)

10.4 Starch-based polymers - Market size and forecast 2024-2029

  • Chart on Starch-based polymers - Market size and forecast 2024-2029 ($ million)
  • Data Table on Starch-based polymers - Market size and forecast 2024-2029 ($ million)
  • Chart on Starch-based polymers - Year-over-year growth 2024-2029 (%)
  • Data Table on Starch-based polymers - Year-over-year growth 2024-2029 (%)

10.5 PHA - Market size and forecast 2024-2029

  • Chart on PHA - Market size and forecast 2024-2029 ($ million)
  • Data Table on PHA - Market size and forecast 2024-2029 ($ million)
  • Chart on PHA - Year-over-year growth 2024-2029 (%)
  • Data Table on PHA - Year-over-year growth 2024-2029 (%)

10.6 PBS - Market size and forecast 2024-2029

  • Chart on PBS - Market size and forecast 2024-2029 ($ million)
  • Data Table on PBS - Market size and forecast 2024-2029 ($ million)
  • Chart on PBS - Year-over-year growth 2024-2029 (%)
  • Data Table on PBS - Year-over-year growth 2024-2029 (%)

10.7 Others - Market size and forecast 2024-2029

  • Chart on Others - Market size and forecast 2024-2029 ($ million)
  • Data Table on Others - Market size and forecast 2024-2029 ($ million)
  • Chart on Others - Year-over-year growth 2024-2029 (%)
  • Data Table on Others - Year-over-year growth 2024-2029 (%)

10.8 Market opportunity by Type

  • Market opportunity by Type ($ million)
  • Data Table on Market opportunity by Type ($ million)

11 Customer Landscape

11.1 Customer landscape overview

  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Geographic Landscape

12.1 Geographic segmentation

  • Chart on Market share by geography 2024-2029 (%)
  • Data Table on Market share by geography 2024-2029 (%)

12.2 Geographic comparison

  • Chart on Geographic comparison
  • Data Table on Geographic comparison

12.3 APAC - Market size and forecast 2024-2029

  • Chart on APAC - Market size and forecast 2024-2029 ($ million)
  • Data Table on APAC - Market size and forecast 2024-2029 ($ million)
  • Chart on APAC - Year-over-year growth 2024-2029 (%)
  • Data Table on APAC - Year-over-year growth 2024-2029 (%)

12.4 North America - Market size and forecast 2024-2029

  • Chart on North America - Market size and forecast 2024-2029 ($ million)
  • Data Table on North America - Market size and forecast 2024-2029 ($ million)
  • Chart on North America - Year-over-year growth 2024-2029 (%)
  • Data Table on North America - Year-over-year growth 2024-2029 (%)

12.5 Europe - Market size and forecast 2024-2029

  • Chart on Europe - Market size and forecast 2024-2029 ($ million)
  • Data Table on Europe - Market size and forecast 2024-2029 ($ million)
  • Chart on Europe - Year-over-year growth 2024-2029 (%)
  • Data Table on Europe - Year-over-year growth 2024-2029 (%)

12.6 South America - Market size and forecast 2024-2029

  • Chart on South America - Market size and forecast 2024-2029 ($ million)
  • Data Table on South America - Market size and forecast 2024-2029 ($ million)
  • Chart on South America - Year-over-year growth 2024-2029 (%)
  • Data Table on South America - Year-over-year growth 2024-2029 (%)

12.7 Middle East and Africa - Market size and forecast 2024-2029

  • Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
  • Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
  • Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)

12.8 China - Market size and forecast 2024-2029

  • Chart on China - Market size and forecast 2024-2029 ($ million)
  • Data Table on China - Market size and forecast 2024-2029 ($ million)
  • Chart on China - Year-over-year growth 2024-2029 (%)
  • Data Table on China - Year-over-year growth 2024-2029 (%)

12.9 US - Market size and forecast 2024-2029

  • Chart on US - Market size and forecast 2024-2029 ($ million)
  • Data Table on US - Market size and forecast 2024-2029 ($ million)
  • Chart on US - Year-over-year growth 2024-2029 (%)
  • Data Table on US - Year-over-year growth 2024-2029 (%)

12.10 Japan - Market size and forecast 2024-2029

  • Chart on Japan - Market size and forecast 2024-2029 ($ million)
  • Data Table on Japan - Market size and forecast 2024-2029 ($ million)
  • Chart on Japan - Year-over-year growth 2024-2029 (%)
  • Data Table on Japan - Year-over-year growth 2024-2029 (%)

12.11 Thailand - Market size and forecast 2024-2029

  • Chart on Thailand - Market size and forecast 2024-2029 ($ million)
  • Data Table on Thailand - Market size and forecast 2024-2029 ($ million)
  • Chart on Thailand - Year-over-year growth 2024-2029 (%)
  • Data Table on Thailand - Year-over-year growth 2024-2029 (%)

12.12 South Korea - Market size and forecast 2024-2029

  • Chart on South Korea - Market size and forecast 2024-2029 ($ million)
  • Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
  • Chart on South Korea - Year-over-year growth 2024-2029 (%)
  • Data Table on South Korea - Year-over-year growth 2024-2029 (%)

12.13 Germany - Market size and forecast 2024-2029

  • Chart on Germany - Market size and forecast 2024-2029 ($ million)
  • Data Table on Germany - Market size and forecast 2024-2029 ($ million)
  • Chart on Germany - Year-over-year growth 2024-2029 (%)
  • Data Table on Germany - Year-over-year growth 2024-2029 (%)

12.14 France - Market size and forecast 2024-2029

  • Chart on France - Market size and forecast 2024-2029 ($ million)
  • Data Table on France - Market size and forecast 2024-2029 ($ million)
  • Chart on France - Year-over-year growth 2024-2029 (%)
  • Data Table on France - Year-over-year growth 2024-2029 (%)

12.15 Brazil - Market size and forecast 2024-2029

  • Chart on Brazil - Market size and forecast 2024-2029 ($ million)
  • Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
  • Chart on Brazil - Year-over-year growth 2024-2029 (%)
  • Data Table on Brazil - Year-over-year growth 2024-2029 (%)

12.16 The Netherlands - Market size and forecast 2024-2029

  • Chart on The Netherlands - Market size and forecast 2024-2029 ($ million)
  • Data Table on The Netherlands - Market size and forecast 2024-2029 ($ million)
  • Chart on The Netherlands - Year-over-year growth 2024-2029 (%)
  • Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)

12.17 Belgium - Market size and forecast 2024-2029

  • Chart on Belgium - Market size and forecast 2024-2029 ($ million)
  • Data Table on Belgium - Market size and forecast 2024-2029 ($ million)
  • Chart on Belgium - Year-over-year growth 2024-2029 (%)
  • Data Table on Belgium - Year-over-year growth 2024-2029 (%)

12.18 Market opportunity by geography

  • Market opportunity by geography ($ million)
  • Data Tables on Market opportunity by geography ($ million)

13 Drivers, Challenges, and Opportunity/Restraints

13.1 Market drivers

13.2 Market challenges

13.3 Impact of drivers and challenges

  • Impact of drivers and challenges in 2024 and 2029

13.4 Market opportunities/restraints

14 Competitive Landscape

14.1 Overview

14.2 Competitive Landscape

  • Overview on criticality of inputs and factors of differentiation

14.3 Landscape disruption

  • Overview on factors of disruption

14.4 Industry risks

  • Impact of key risks on business

15 Competitive Analysis

15.1 Companies profiled

  • Companies covered

15.2 Company ranking index

  • Company ranking index

15.3 Market positioning of companies

  • Matrix on companies position and classification

15.4 BASF SE

  • BASF SE - Overview
  • BASF SE - Business segments
  • BASF SE - Key news
  • BASF SE - Key offerings
  • BASF SE - Segment focus
  • SWOT

15.5 BioLogiQ Inc.

  • BioLogiQ Inc. - Overview
  • BioLogiQ Inc. - Product / Service
  • BioLogiQ Inc. - Key offerings
  • SWOT

15.6 Biome Bioplastics Ltd.

  • Biome Bioplastics Ltd. - Overview
  • Biome Bioplastics Ltd. - Product / Service
  • Biome Bioplastics Ltd. - Key offerings
  • SWOT

15.7 Corbion N.V.

  • Corbion N.V. - Overview
  • Corbion N.V. - Business segments
  • Corbion N.V. - Key news
  • Corbion N.V. - Key offerings
  • Corbion N.V. - Segment focus
  • SWOT

15.8 DuPont de Nemours Inc.

  • DuPont de Nemours Inc. - Overview
  • DuPont de Nemours Inc. - Business segments
  • DuPont de Nemours Inc. - Key news
  • DuPont de Nemours Inc. - Key offerings
  • DuPont de Nemours Inc. - Segment focus
  • SWOT

15.9 Evonik Industries AG

  • Evonik Industries AG - Overview
  • Evonik Industries AG - Business segments
  • Evonik Industries AG - Key news
  • Evonik Industries AG - Key offerings
  • Evonik Industries AG - Segment focus
  • SWOT

15.10 Fkur Kunststoff GmbH

  • Fkur Kunststoff GmbH - Overview
  • Fkur Kunststoff GmbH - Product / Service
  • Fkur Kunststoff GmbH - Key offerings
  • SWOT

15.11 Kaneka Corp.

  • Kaneka Corp. - Overview
  • Kaneka Corp. - Business segments
  • Kaneka Corp. - Key news
  • Kaneka Corp. - Key offerings
  • Kaneka Corp. - Segment focus
  • SWOT

15.12 LG Chem Ltd.

  • LG Chem Ltd. - Overview
  • LG Chem Ltd. - Business segments
  • LG Chem Ltd. - Key news
  • LG Chem Ltd. - Key offerings
  • LG Chem Ltd. - Segment focus
  • SWOT

15.13 Mitsubishi Chemical Group Corp.

  • Mitsubishi Chemical Group Corp. - Overview
  • Mitsubishi Chemical Group Corp. - Business segments
  • Mitsubishi Chemical Group Corp. - Key news
  • Mitsubishi Chemical Group Corp. - Key offerings
  • Mitsubishi Chemical Group Corp. - Segment focus
  • SWOT

15.14 Mitsui Chemicals Inc.

  • Mitsui Chemicals Inc. - Overview
  • Mitsui Chemicals Inc. - Business segments
  • Mitsui Chemicals Inc. - Key offerings
  • Mitsui Chemicals Inc. - Segment focus
  • SWOT

15.15 NatureWorks LLC

  • NatureWorks LLC - Overview
  • NatureWorks LLC - Product / Service
  • NatureWorks LLC - Key offerings
  • SWOT

15.16 Novamont S.p.A.

  • Novamont S.p.A. - Overview
  • Novamont S.p.A. - Product / Service
  • Novamont S.p.A. - Key offerings
  • SWOT

15.17 Solvay SA

  • Solvay SA - Overview
  • Solvay SA - Business segments
  • Solvay SA - Key news
  • Solvay SA - Key offerings
  • Solvay SA - Segment focus
  • SWOT

15.18 Xiamen Changsu Industrial Co. Ltd.

  • Xiamen Changsu Industrial Co. Ltd. - Overview
  • Xiamen Changsu Industrial Co. Ltd. - Product / Service
  • Xiamen Changsu Industrial Co. Ltd. - Key offerings
  • SWOT

Research Methodology

All our research reports employ a mixed-methods approach, leveraging both primary and secondary research techniques to develop a comprehensive and well-informed analysis. The methodology ensures a balanced perspective by combining data-driven insights with expert opinions.

1. Secondary Research

Secondary research formed the foundation of the study, offering a contextual understanding of the market landscape, historical trends, and existing data. This phase involved gathering and analyzing information from:

  • Industry reports and whitepapers (e.g., McKinsey, Deloitte, Statista)
  • Academic journals and case studies
  • Company reports, investor presentations, and press releases
  • Government databases and regulatory publications
  • Trade publications, industry blogs, and news articles

2. Primary Research

To validate and complement secondary findings, extensive primary research was conducted. This included both quantitative data collection and qualitative insights, particularly through expert consultations.

a. Expert Consultations (Qualitative Primary Research)

In-depth interviews were conducted with a wide range of industry stakeholders, including:

  • Industry experts and consultants
  • Senior executives and decision-makers
  • Product managers and supply chain professionals
  • Academic researchers and analysts

b. Surveys and Questionnaires (Quantitative Primary Research)

Structured surveys were distributed among:

  • End-users/consumers
  • Retailers and distributors
  • Business-to-business (B2B) buyers

3. Data Validation and Triangulation

Findings from secondary and primary sources were cross-validated through data triangulation to ensure accuracy, consistency, and reliability. This process involved comparing insights from different sources and reconciling discrepancies through expert feedback.

4. Analytical Tools and Frameworks

Various analytical models were applied to interpret the collected data:

  • SWOT Analysis for understanding strengths, weaknesses, opportunities, and threats
  • Porter’s Five Forces to assess market competitiveness
  • PESTLE Analysis to evaluate external macroeconomic influences
  • Forecasting Models using historical data trends and regression analysis

Conclusion

The combination of comprehensive secondary research and robust primary data collection—enhanced by expert consultations—ensured the development of a well-rounded and in-depth analysis. This approach enables strategic decision-making backed by both empirical evidence and industry expertise.

For detailed methodology for this particular report please write to us on info@syovi.com