Synthetic and Bio-Based Biodegradable Plastics Market Size – Industry Structure Evaluation, Demand Drivers Analysis, Regional Growth Analysis and Identification, Competitive Positioning Review & Global Market Size Forecast to 2030

24.9%
CAGR (2024-2030)
10.13 USD Bn.
Market Size
300
Report Pages
124
Market Tables

Overview

Synthetic and Bio-Based Biodegradable Plastics Market was valued USD 10.13 Bn in 2023 and is expected to reach USD 48.03 Bn by 2030, at CAGR of 24.90 % during forecast period of 2024 to 2030.

The total production capacity of bio-based and biodegradable plastics globally in 2018 was 2.06 MT. Determined bio-based materials such as bio-PP and bio-PE are fully biodegradable. Novel bio-based plastics, such as PLA, cannot be recycled together with conventional plastics. The biodegradable plastics are used in the consumer electronics, gastronomy, agriculture, packaging and automotive industries.

Synthetic and Bio-Based Biodegradable Plastics Market 2024-2030To know about the Research Methodology :- Request Free Sample Report

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

onal plastics. The biodegradable plastics are used in the consumer electronics, gastronomy, agriculture, packaging and automotive industries.

Synthetic and Bio-Based Biodegradable Plastics Market Drivers and Restrains

The Synthetic and Bio-Based Biodegradable Plastics Market has witnessed considerable growth in recent years, because the environmental hazard caused by using non-degradable plastics and safety concerns related with pollution free environment. Some other factors which are driving the growth of Synthetic and Bio-Based Biodegradable Plastics Market such as increasing number of researches, government support in form of tax refunds to green packaging companies and growing consumer awareness for decreasing waste
.
In recent years, consumers have become more aware about the hazards related with the usage of conventional plastics and moreover, the packaging industry is also fluctuating towards green packaging catering to the necessity of consumers. As packaging industry is the major market for plastics so tend to have positive impact on both Synthetic and Bio-Based Biodegradable Plastics Market. Manufacturers in the Synthetic and Bio-Based Biodegradable Plastics are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.

Synthetic and Bio-Based Biodegradable Plastics Market Segmentation Analysis

The synthetic and bio based biodegradable plastics is segmented by types as synthetic biodegradable plastics and bio-based biodegradable plastics. The synthetic biodegradable plastics is further segmented into polycaprolactone (PCL) and polybutylene succinate (PBS). The bio based biodegradable plastics are classified into starch based plastics, polylactic acid (PLA) and polyhydroxyalkanoates (PHA). The synthetic and bio based biodegradable plastics is categorized by application as packaging, transportation, agriculture, electronics, textiles and others. It is estimated that 60 % of this material is used for plastic packaging industry where most of the material is found in PET bottles and food waste bags. The packing industry segment is expected to grow at the highest xx % CAGR during the forecast period. Multinational companies are proactively discovering the new opportunities in the polyhydroxyalkanoates (PHA) segment by adopting strategies such as the acquisition of start-up companies and forming deal to establish their presence in the market.

Synthetic and Bio-Based Biodegradable Plastics Regional Analysis

Among all the regions, the Europe had the xx% market share in 2023 and is projected to lead the market during the forecast period, because of adopt bio-plastics over conventional plastic to convert into a proper waste management and European association is promoting government and environmental policies, regarding sustainability and bio-degradability, which are the major factors that drives the growth of the Synthetic and Bio-Based Biodegradable Plastics Market in Europe. Increase mandate for bio-plastic products among Europe customers stimulates the growth of Synthetic and Bio-Based Biodegradable Plastics products during forecast period.

Asia Pacific is the second largest market in the Synthetic and Bio-Based Biodegradable Plastics market and accounted for xx % shares in 2018, nearly follow Europe in terms of profits.

The objective of the report is to present comprehensive analysis of Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Market dynamics, structure by analyzing the market segments, and project the Market size. Clear representation of competitive analysis of key players by Synthetic and Bio-Based Biodegradable Plastics Type, price, financial position, product portfolio, growth strategies, and regional presence in the Market make the report investor’s guide.

Scope of the Synthetic and Bio-Based Biodegradable Plastics Market: Inquire before buying

Global Synthetic and Bio-Based Biodegradable Plastics Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: USD10.13 Bn.
Forecast Period 2024 to 2030 CAGR: 24.90% Market Size in 2030: USD 48.03 Bn.
Segments Covered: by Type Polycaprolactone (PCL)
Polybutylene Succinate (PBS)
Starch based plastics
Poly Lactic acid (PLA)
Polyhydroxyalkanoates (PHA)
by Application Packaging
Transportation
Agriculture
Electronics
Textiles
Others

Synthetic and Bio-Based Biodegradable Plastics Market, by Region

Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
North America (United States, Canada and Mexico)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Synthetic and Bio-Based Biodegradable Plastics Market, Major Players

1. Vegeplast SAS
2. Cereplast Inc
3. Natureworks LLC
4. Mitsubishi Chemical Corporation
5. Novamont SPA
6. Biome Technologies PLC
7. Futerro SA
8. BIOP Biopolymer Technologies AG
9. BASF AG
10. Kaneka Corporation
11. National Starch
12. Natureworks LLC
13. Novamont SPA
14. Purac
15. PyramidBioplastics Guben GMBH
16. Rodenburg
17. BIOTEC GmbH & Co. KG
18. Innovia Films
19. Dow Chemicals
20. PHB Industrial

Frequently Asked Questions:

1. Which region has the largest share in Global Synthetic and Bio-Based Biodegradable Plastics Market?
Ans: Europe region held the highest share in 2023.

2. What is the growth rate of Global Synthetic and Bio-Based Biodegradable Plastics Market?
Ans: The Global market is growing at a CAGR of 24.90% during forecasting period 2024-2030.

3. What is scope of the Global Synthetic and Bio-Based Biodegradable Plastics market report?
Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Synthetic and Bio-Based Biodegradable Plastics market?
Ans: The important key players in the Global market are – Vegeplast SAS, Cereplast Inc, Natureworks LLC, Mitsubishi Chemical Corporation, Novamont SPA, Biome Technologies PLC, Futerro SA, BIOP Biopolymer Technologies AG, BASF AG, Kaneka Corporation, National Starch, Natureworks LLC, Novamont SPA, Purac, PyramidBioplastics Guben GMBH, Rodenburg, BIOTEC GmbH & Co. KG, Innovia Films, Dow Chemicals, PHB Industrial.

5. What is the study period of this market?
Ans: The Global market is studied from 2023 to 2030.

Table of Contents

Synthetic and Bio-Based Biodegradable Plastics Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Synthetic and Bio-Based Biodegradable Plastics Market Size, by Market Value (US$ Bn) and Volume (MT) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast 6.1. Global Synthetic and Bio-Based Biodegradable Plastics Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast, by Types 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Types 7.4. Global Synthetic and Bio-Based Biodegradable Plastics Market Size (US$ Bn) Forecast, by Types 7.5. Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis, by Types 7.6. Global Synthetic and Bio-Based Biodegradable Plastics Market Attractiveness Analysis, by Types 8. Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Application 8.4. Global Synthetic and Bio-Based Biodegradable Plastics Market Size (US$ Bn) Forecast, by Application 8.5. Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis, by Application 8.6. Global Synthetic and Bio-Based Biodegradable Plastics Market Attractiveness Analysis, by Application 9. Global Synthetic and Bio-Based Biodegradable Plastics Market Analysis, by Region 9.1. Global Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Region 9.2. Global Synthetic and Bio-Based Biodegradable Plastics Market Size (US$ Bn) Forecast, by Region 9.3. Global Synthetic and Bio-Based Biodegradable Plastics Market Attractiveness Analysis, by Region 10. North America Synthetic and Bio-Based Biodegradable Plastics Market Analysis 10.1. Key Findings 10.2. North America Synthetic and Bio-Based Biodegradable Plastics Market Overview 10.3. North America Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Types 10.4. North America Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 10.4.1. Polycaprolactone (PCL) 10.4.2. Polybutylene Succinate (PBS) 10.4.3. Starch based plastics 10.4.4. Poly Lactic acid (PLA) 10.4.5. Polyhydroxyalkanoates (PHA) 10.5. North America Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Application 10.6. North America Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 10.6.1. Packaging 10.6.2. Transportation 10.6.3. Agriculture 10.6.4. Electronics 10.6.5. Textiles and Textiles and Others 10.7. North America Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Country 10.8. North America Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Synthetic and Bio-Based Biodegradable Plastics Market Analysis, by Country 10.10. U.S. Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 10.10.1. Polycaprolactone (PCL) 10.10.2. Polybutylene Succinate (PBS) 10.10.3. Starch based plastics 10.10.4. Poly Lactic acid (PLA) 10.10.5. Polyhydroxyalkanoates (PHA) 10.11. U.S. Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 10.11.1. Packaging 10.11.2. Transportation 10.11.3. Agriculture 10.11.4. Electronics 10.11.5. Textiles and Textiles and Others 10.12. Canada Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 10.12.1. Polycaprolactone (PCL) 10.12.2. Polybutylene Succinate (PBS) 10.12.3. Starch based plastics 10.12.4. Poly Lactic acid (PLA) 10.12.5. Polyhydroxyalkanoates (PHA) 10.13. Canada Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 10.13.1. Packaging 10.13.2. Transportation 10.13.3. Agriculture 10.13.4. Electronics 10.13.5. Textiles and Textiles and Others 10.14. North America Synthetic and Bio-Based Biodegradable Plastics Market Attractiveness Analysis 10.14.1. By Types 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Synthetic and Bio-Based Biodegradable Plastics Market Analysis 11.1. Key Findings 11.2. Europe Synthetic and Bio-Based Biodegradable Plastics Market Overview 11.3. Europe Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Types 11.4. Europe Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 11.4.1. Polycaprolactone (PCL) 11.4.2. Polybutylene Succinate (PBS) 11.4.3. Starch based plastics 11.4.4. Poly Lactic acid (PLA) 11.4.5. Polyhydroxyalkanoates (PHA) 11.5. Europe Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Application 11.6. Europe Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 11.6.1. Packaging 11.6.2. Transportation 11.6.3. Agriculture 11.6.4. Electronics 11.6.5. Textiles and Textiles and Others 11.7. Europe Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Country 11.8. Europe Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Synthetic and Bio-Based Biodegradable Plastics Market Analysis, by Country 11.10. Germany Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 11.10.1. Polycaprolactone (PCL) 11.10.2. Polybutylene Succinate (PBS) 11.10.3. Starch based plastics 11.10.4. Poly Lactic acid (PLA) 11.10.5. Polyhydroxyalkanoates (PHA) 11.11. Germany Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 11.11.1. Packaging 11.11.2. Transportation 11.11.3. Agriculture 11.11.4. Electronics 11.11.5. Textiles and Textiles and Others 11.12. U.K. Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 11.12.1. Polycaprolactone (PCL) 11.12.2. Polybutylene Succinate (PBS) 11.12.3. Starch based plastics 11.12.4. Poly Lactic acid (PLA) 11.12.5. Polyhydroxyalkanoates (PHA) 11.13. U.K. Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 11.13.1. Packaging 11.13.2. Transportation 11.13.3. Agriculture 11.13.4. Electronics 11.13.5. Textiles and Textiles and Others 11.14. France Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 11.14.1. Polycaprolactone (PCL) 11.14.2. Polybutylene Succinate (PBS) 11.14.3. Starch based plastics 11.14.4. Poly Lactic acid (PLA) 11.14.5. Polyhydroxyalkanoates (PHA) 11.15. France Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 11.15.1. Packaging 11.15.2. Transportation 11.15.3. Agriculture 11.15.4. Electronics 11.15.5. Textiles and Textiles and Others 11.16. Italy Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 11.16.1. Polycaprolactone (PCL) 11.16.2. Polybutylene Succinate (PBS) 11.16.3. Starch based plastics 11.16.4. Poly Lactic acid (PLA) 11.16.5. Polyhydroxyalkanoates (PHA) 11.17. Italy Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 11.17.1. Packaging 11.17.2. Transportation 11.17.3. Agriculture 11.17.4. Electronics 11.17.5. Textiles and Textiles and Others 11.18. Spain Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 11.18.1. Polycaprolactone (PCL) 11.18.2. Polybutylene Succinate (PBS) 11.18.3. Starch based plastics 11.18.4. Poly Lactic acid (PLA) 11.18.5. Polyhydroxyalkanoates (PHA) 11.19. Spain Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 11.19.1. Packaging 11.19.2. Transportation 11.19.3. Agriculture 11.19.4. Electronics 11.19.5. Textiles and Textiles and Others 11.20. Rest of Europe Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 11.20.1. Polycaprolactone (PCL) 11.20.2. Polybutylene Succinate (PBS) 11.20.3. Starch based plastics 11.20.4. Poly Lactic acid (PLA) 11.20.5. Polyhydroxyalkanoates (PHA) 11.21. Rest of Europe Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 11.21.1. Packaging 11.21.2. Transportation 11.21.3. Agriculture 11.21.4. Electronics 11.21.5. Textiles and Textiles and Others 11.22. Europe Synthetic and Bio-Based Biodegradable Plastics Market Attractiveness Analysis 11.22.1. By Types 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trend 11.25. Key Development 12. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Analysis 12.1. Key Findings 12.2. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Overview 12.3. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Types 12.4. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 12.4.1. Polycaprolactone (PCL) 12.4.2. Polybutylene Succinate (PBS) 12.4.3. Starch based plastics 12.4.4. Poly Lactic acid (PLA) 12.4.5. Polyhydroxyalkanoates (PHA) 12.5. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Application 12.6. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 12.6.1. Packaging 12.6.2. Transportation 12.6.3. Agriculture 12.6.4. Electronics 12.6.5. Textiles and Textiles and Others 12.7. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Country 12.8. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Analysis, by Country 12.10. China Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 12.10.1. Polycaprolactone (PCL) 12.10.2. Polybutylene Succinate (PBS) 12.10.3. Starch based plastics 12.10.4. Poly Lactic acid (PLA) 12.10.5. Polyhydroxyalkanoates (PHA) 12.11. China Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 12.11.1. Packaging 12.11.2. Transportation 12.11.3. Agriculture 12.11.4. Electronics 12.11.5. Textiles and Textiles and Others 12.12. India Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 12.12.1. Polycaprolactone (PCL) 12.12.2. Polybutylene Succinate (PBS) 12.12.3. Starch based plastics 12.12.4. Poly Lactic acid (PLA) 12.12.5. Polyhydroxyalkanoates (PHA) 12.13. India Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 12.13.1. Packaging 12.13.2. Transportation 12.13.3. Agriculture 12.13.4. Electronics 12.13.5. Textiles and Textiles and Others 12.14. Japan Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 12.14.1. Polycaprolactone (PCL) 12.14.2. Polybutylene Succinate (PBS) 12.14.3. Starch based plastics 12.14.4. Poly Lactic acid (PLA) 12.14.5. Polyhydroxyalkanoates (PHA) 12.15. Japan Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 12.15.1. Packaging 12.15.2. Transportation 12.15.3. Agriculture 12.15.4. Electronics 12.15.5. Textiles and Textiles and Others 12.16. ASEAN Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 12.16.1. Polycaprolactone (PCL) 12.16.2. Polybutylene Succinate (PBS) 12.16.3. Starch based plastics 12.16.4. Poly Lactic acid (PLA) 12.16.5. Polyhydroxyalkanoates (PHA) 12.17. ASEAN Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 12.17.1. Packaging 12.17.2. Transportation 12.17.3. Agriculture 12.17.4. Electronics 12.17.5. Textiles and Textiles and Others 12.18. Rest of Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 12.18.1. Polycaprolactone (PCL) 12.18.2. Polybutylene Succinate (PBS) 12.18.3. Starch based plastics 12.18.4. Poly Lactic acid (PLA) 12.18.5. Polyhydroxyalkanoates (PHA) 12.19. Rest of Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 12.19.1. Packaging 12.19.2. Transportation 12.19.3. Agriculture 12.19.4. Electronics 12.19.5. Textiles and Textiles and Others 12.20. Asia Pacific Synthetic and Bio-Based Biodegradable Plastics Market Attractiveness Analysis 12.20.1. By Types 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Overview 13.3. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Types 13.4. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 13.4.1. Polycaprolactone (PCL) 13.4.2. Polybutylene Succinate (PBS) 13.4.3. Starch based plastics 13.4.4. Poly Lactic acid (PLA) 13.4.5. Polyhydroxyalkanoates (PHA) 13.5. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Application 13.6. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 13.6.1. Packaging 13.6.2. Transportation 13.6.3. Agriculture 13.6.4. Electronics 13.6.5. Textiles and Textiles and Others 13.7. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Country 13.8. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Analysis, by Country 13.10. GCC Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 13.10.1. Polycaprolactone (PCL) 13.10.2. Polybutylene Succinate (PBS) 13.10.3. Starch based plastics 13.10.4. Poly Lactic acid (PLA) 13.10.5. Polyhydroxyalkanoates (PHA) 13.11. GCC Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 13.11.1. Packaging 13.11.2. Transportation 13.11.3. Agriculture 13.11.4. Electronics 13.11.5. Textiles and Textiles and Others 13.12. South Africa Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 13.12.1. Polycaprolactone (PCL) 13.12.2. Polybutylene Succinate (PBS) 13.12.3. Starch based plastics 13.12.4. Poly Lactic acid (PLA) 13.12.5. Polyhydroxyalkanoates (PHA) 13.13. South Africa Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 13.13.1. Packaging 13.13.2. Transportation 13.13.3. Agriculture 13.13.4. Electronics 13.13.5. Textiles and Textiles and Others 13.14. Rest of Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 13.14.1. Polycaprolactone (PCL) 13.14.2. Polybutylene Succinate (PBS) 13.14.3. Starch based plastics 13.14.4. Poly Lactic acid (PLA) 13.14.5. Polyhydroxyalkanoates (PHA) 13.15. Rest of Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 13.15.1. Packaging 13.15.2. Transportation 13.15.3. Agriculture 13.15.4. Electronics 13.15.5. Textiles and Textiles and Others 13.16. Middle East & Africa Synthetic and Bio-Based Biodegradable Plastics Market Attractiveness Analysis 13.16.1. By Types 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Synthetic and Bio-Based Biodegradable Plastics Market Analysis 14.1. Key Findings 14.2. South America Synthetic and Bio-Based Biodegradable Plastics Market Overview 14.3. South America Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Types 14.4. South America Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 14.4.1. Polycaprolactone (PCL) 14.4.2. Polybutylene Succinate (PBS) 14.4.3. Starch based plastics 14.4.4. Poly Lactic acid (PLA) 14.4.5. Polyhydroxyalkanoates (PHA) 14.5. Textiles and Textiles and Others South America Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Application 14.6. South America Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 14.6.1. Packaging 14.6.2. Transportation 14.6.3. Agriculture 14.6.4. Electronics 14.6.5. Textiles and Textiles and Others 14.7. South America Synthetic and Bio-Based Biodegradable Plastics Market Value Share Analysis, by Country 14.8. South America Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 14.9.1. Polycaprolactone (PCL) 14.9.2. Polybutylene Succinate (PBS) 14.9.3. Starch based plastics 14.9.4. Poly Lactic acid (PLA) 14.9.5. Polyhydroxyalkanoates (PHA) 14.10. Brazil Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 14.10.1. Packaging 14.10.2. Transportation 14.10.3. Agriculture 14.10.4. Electronics 14.10.5. Textiles and Textiles and Others 14.11. Mexico Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 14.11.1. Polycaprolactone (PCL) 14.11.2. Polybutylene Succinate (PBS) 14.11.3. Starch based plastics 14.11.4. Poly Lactic acid (PLA) 14.11.5. Polyhydroxyalkanoates (PHA) 14.12. Mexico Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 14.12.1. Packaging 14.12.2. Transportation 14.12.3. Agriculture 14.12.4. Electronics 14.12.5. Textiles and Textiles and Others 14.13. Rest of South America Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Types 14.13.1. Polycaprolactone (PCL) 14.13.2. Polybutylene Succinate (PBS) 14.13.3. Starch based plastics 14.13.4. Poly Lactic acid (PLA) 14.13.5. Polyhydroxyalkanoates (PHA) 14.14. Rest of South America Synthetic and Bio-Based Biodegradable Plastics Market Forecast, by Application 14.14.1. Packaging 14.14.2. Transportation 14.14.3. Agriculture 14.14.4. Electronics 14.14.5. Textiles and Textiles and Others 14.15. South America Synthetic and Bio-Based Biodegradable Plastics Market Attractiveness Analysis 14.15.1. By Types 14.15.2. By Application 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Vegeplast SAS 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Cereplast Inc 15.3.3. Natureworks LLC 15.3.4. Mitsubishi Chemical Corporation 15.3.5. Novamont SPA 15.3.6. Biome Technologies PLC 15.3.7. Futerro SA 15.3.8. BIOP Biopolymer Technologies AG 15.3.9. BASF AG 15.3.10. Kaneka Corporation 15.3.11. National Starch 15.3.12. Natureworks LLC 15.3.13. Novamont SPA 15.3.14. Purac 15.3.15. PyramidBioplastics Guben GMBHVegeplast SAS 15.3.16. Rodenburg 15.3.17. BIOTEC GmbH & Co. KG 15.3.18. Innovia Films 15.3.19. Dow Chemicals 15.3.20. PHB Industrial 16. Primary Key Insights