Biodegradable Plastics Market Growth, Trend, Price and Forecast Biodegradable Plastics Market - Global Industry An

Biodegradable Plastics Market - Global Industry
Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023
Plastics that decompose in the nature by the action of microorganisms are generally
referred as biodegradable plastics. These plastics are divided into different
categories such as bio-based and petro-based biodegradable plastics. The most
common process employed in the manufacturing of biodegradable plastics includes
fermentation of sugar or canola oil to produce polylactic acid (PLA) or
polyhydroxyalkanoates (PHA), which in turn is converted into biodegradable
plastics.
The report provides in-depth analysis and forecast of the biodegradable plastics
market on the global as well as regional level. It includes forecast for the period
from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn).
Quantitative data has been derived through extensive secondary research of the
global biodegradable plastics market. Secondary sources typically include company
websites, relevant magazines, government documents, and press releases. The top-
down approach has been adopted to derive the regional numbers from global
revenue and volume figures. Furthermore, the bottom-up approach has been
employed to derive data for various product segments based on demand for
biodegradable plastics in each geographic segment. A combination of top-down and
bottom-up approaches helps validate the quantitative data. The data was further
validated with the help of primary research with industry experts to ensure accuracy
of derived numbers.
This 130 page report gives readers a comprehensive overview of the
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market.html
Detailed analysis of various factors driving the global biodegradable plastic market
has been included for astute decision making. Impact of these drivers has been
included with data to substantiate research findings. Furthermore, factors
restraining market growth have been included for better understanding of the
market. Impact of these restraints has been analyzed over the course of the
forecast period. The report also comprises various opportunities available for market
growth over the next eight years. Opportunities entail untapped or recently
explored factors that are anticipated to drive the biodegradable plastics market
during the forecast period.