Photodegradable plastics refer to plastics that can degrade after being irradiated by light. Once the product is buried in the soil and loses light, the degradation process stops. The production process is simple and the cost is low.
This report contains market size and forecasts of Photodegradable Plastic in global, including the following market information:
Global Photodegradable Plastic Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Photodegradable Plastic Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Photodegradable Plastic companies in 2021 (%)
The global Photodegradable Plastic market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Copolymer Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Photodegradable Plastic include Covestro, Kraiburg, BASF, Corbion, Cargill(Natureworks), Biome Technologies, Mitsubishi Chemical, Kuraray and Bio-On. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Photodegradable Plastic manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Photodegradable Plastic Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Photodegradable Plastic Market Segment Percentages, by Type, 2021 (%)
Copolymer
Additive
Global Photodegradable Plastic Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Photodegradable Plastic Market Segment Percentages, by Application, 2021 (%)
Packing Industry
Automotive Industry
Bottles Manufacturing
Others
Global Photodegradable Plastic Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Photodegradable Plastic Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Photodegradable Plastic revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Photodegradable Plastic revenues share in global market, 2021 (%)
Key companies Photodegradable Plastic sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Photodegradable Plastic sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Covestro
Kraiburg
BASF
Corbion
Cargill(Natureworks)
Biome Technologies
Mitsubishi Chemical
Kuraray
Bio-On