An exciting new study from the team of Lucintel found that biodegradable plastics market is expected to grow with a CAGR of 12%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The biodegradable plastics market is segmented based on application, material type, end use industry, and region. In this market, PLA is expected to remain the largest material type, and packaging & bags segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like strict environmental regulations.
Metabolix Inc., BASF SE, Corbion NV (PURAC), Natureworks LLC, Biome Technologies PLC, Mitsubishi Chemical Corp., Plantic Technologies Limited, Bio-On SRL., MeredianInc, and Tianan Biologic Materials Co. Ltd. are some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high growth opportunities for the biodegradable plastics market by material type (PLA, starch blends, PCL, regenerated cellulose, PBS, and PHA), application (packaging, fibers, agriculture, injection molding, and others), end use industry (packaging & bags, consumer goods, and agriculture & horticulture), and region (North America, Europe, Asia-Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the biodegradable plastics market?
Q.4 What are some changing demands of customers in the biodegradable plastics market?
Q.5 What are the new developments in the biodegradable plastics market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this biodegradable plastics area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this biodegradable plastics market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.