Published on : Jun 13, 2018
Albany, New York, June 13, 2018: Biodegradable polymers are composed of monomers which are linked to a different functional group and possess unstable links behind the functional group. It is vital to know that, biodegradable polymers collapse into carbon dioxide, water, nitrogen, inorganic salts and biomass. At present, the global market for biodegradable polymers is likely to advance due to its high demand across several end-user industries. To study the exact market scenario, Market Research Hub (MRH) has included a new research study titled “Biodegradable Polymers: Global Markets and Technologies Through 2022”, to its huge online database. Readers get to learn about the current and future market scenarios that focus on a variety of factors such as geographic breakdown, environmental problems etc.
As per key market observations, the biodegradable polymers market is likely to continue its increasing growth for the next five years; this advancement is dominated by packaging and followed by fibers/fabrics. It should be noted that, the packaging segment acquired 78.5% of the overall market value in 2017. Furthermore, the fibers/fabrics market is expected to experience a substantial growth, primarily from the hygiene & agricultural end-uses which includes mulching films. In addition, the medical application segment of biodegradable polymers is projected to experience the leading growth rate among all the biodegradable polymers applications during the forecast period until 2022. This research report also discusses the major problems faced by the biodegradable polymers market. Some of the restraints mentioned in the report include relatively high prices as well as lack of infrastructure to support effective composting.
This research report offers a separate segment targeting the market drivers. Shift in consumer preference from conventional packaging to eco-friendly packaging materials, technical emergence together with development of new bio-based and renewable raw materials and promising government policies towards ecofriendly and biodegradable products; are few important factors motivating the market for biodegradable polymers. The region-wise segmentation of the concerned market is also highlighted in the later section of the report. North America, Asia-Pacific, South America, Middle East & Africa and Europe, are the prime regions studied in this assessment based on market size estimation.
Furthermore, the report offers a precise analysis of the global market trends, with data available from 2016 and 2017, and forecasts of compound annual growth rates (CAGRs) until 2022. As the report concludes, readers can access a comprehensive company profiling of major players from the market including Biomer, Basf, Danimer Scientific, Cereplast, Earthshell Container Corp., Mitsui Chemicals, Toray Industries, Inc. and Toyobo Co., Ltd.
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