Naphthalene Market Analysis is Expected to Grow CAGR of 3.35% by 2030 | ChemAnalyst

According to ChemAnalyst report, “Global Naphthalene Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global naphthalene market has shown promising growth in the past five years and is anticipated to achieve a CAGR of 3.35% during the forecast period. Growing consumption of naphthalene sulfonate formaldehyde in construction coupled with the growth of other application areas including phthalic anhydride, low volatility solvents etc. is expected to drive the demand of naphthalene during the forecast period. Additionally, the use of naphthalene derivatives in textile dyeing is also going to push the demand of naphthalene during the forecast period. Various government regulations regarding the volatile organic compound (VOC) emissions are expected to hamper the demand growth during the forecast period.

Naphthalene is a white crystalline volatile solid which is obtained from either coal tar or petroleum distillation. It is aromatic in nature. It has application in the manufacturing of several chemicals including phthalic anhydride, naphthalene sulfonates, low volatility solvents, moth repellent, and pesticides. Out of the above application areas, naphthalene sulfonates dominate the global market for naphthalene because of its use in concrete admixtures. It is used as a plasticizer in polymer concrete and enhances the properties of polymer concrete like lowering its viscosity and increasing its processability etc. As naphthalene is a volatile solid, it suffers from volatile organic compounds emissions which is expected to hinder its demand growth for the forecast period due to various environmental regulations. Additionally, it is used to manufacture several agrochemicals including pesticides which is also fueling its demand during the forecast period.

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Naphthalene has several application areas including phthalic anhydride, naphthalene sulfonates, low volatility solvents, moth repellant, and pesticides. Major end use industries for naphthalene are construction, agrochemicals, and textiles. Out of these the construction segment holds the major share of global demand for naphthalene. Increasing demand of bio based agrochemicals and dyeing agents is also expected to hinder demand growth of naphthalene during the forecast period.

Naphthalene is related to petroleum hence the price is directly linked to the fluctuations in the price of crude oil. In the first half of FY20 sudden outbreak of novel coronavirus followed by fall in in the demand of crude oil due to nationwide lockdowns rendered a major downfall in the global naphthalene, hence the prices remained low for naphthalene during the coronavirus pandemic. Demand has picked up in the recent quarters and is projected to grow due to increasing demand from Asia Pacific and North America.

Regionally, Asia Pacific dominates the Global naphthalene market and holds the largest market share in FY20. Asia’s naphthalene market is anticipated to grow in the economies like China due to increasing demand of construction and agrochemicals. 

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Major Players:

• CarbonTech Group,
• DEZA a.s,
• Epsilon Carbon,
• Gautam Zen International,
• Exxon Mobil Corporation,
• Industrial Quimica del Nalon SA,
• Koppers Inc.,
• JFE Chemical Corporation,
• Koppers Inc.,
• PCC Rokita SA,
• Rain Carbon Inc.,
• Wuxi Kingchan Bio-medical and Chemical Inc.,
• BASF SE,
• WUXI KINGHAN BIO-MEDICAL&CHEMICAL INC.

“Being linked to the construction and agrochemical industry, the global naphthalene industry has shown a robust growth alongside growing population and changing consumer preference. China serves as the key growth region with sufficiently installed capacities for naphthalene.  With new competitors emerging across the Asia Pacific naphthalene market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

Report Scope:

 

In this report, global naphthalene market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Attribute	Details
Market size volume in 2020	321.13 million tons
Growth Rate	CAGR of 3.35% from 2021 to 2030
Base year for estimation	2020
Historic Data	2015 – 2019
Forecast period	2022 – 2030
Quantitative units	Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage	Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered	By End-Use (Agriculture, Building and Construction, Textile, Chemical, Polymer, Pharmaceutical) By Application (Phthalic Anhydride, Naphthalene Sulfonates, Low Volatility Solvents, Moth Repellent, and Pesticides) By Sales Channel (Channel-Direct/Institutional Sales, Indirect Sales)
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
Key companies profiled	CarbonTech Group, Deza A.S., Epsilon Carbon, Gautam Zen International, Exxon Mobil Corporation, Industrial Quimica del Nalon SA, Koppers Inc., JFE Chemical Corporation, Koppers Inc., PCC Rokita SA, Rain Carbon Inc., Wuxi Kingchan Bio-medical and Chemical Inc., BASF SE, Wuxi Kinghan Bio Medical & Chemical Inc.
Customization scope	Free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

Table of Content

 Global Naphthalene Market Outlook, 2015-2030

1.1.   Capacity, By Volume

1.1.1.By Company

1.2.   Production, By Volume

1.2.1.By Company

1.3.   Operating Efficiency

1.3.1.By Company

2.      Global Naphthalene Demand Outlook, 2015-2030, By Volume

2.1.   By Application

2.2.   By End Use

2.3.   By Region

2.4.   By Company

3.      North America Naphthalene Market Outlook, 2015-2030

3.1.   Capacity, By Volume

3.1.1.By Country

3.2.   Production

3.2.1.By Country

3.3.   Operating Efficiency

3.3.1.By Country

4.      North America Naphthalene Demand Outlook, 2015-2030, By Volume

4.1.   By Application

4.2.   By End Use

4.3.   By Country

4.4.  United States Naphthalene Market Outlook, 2015-2030

4.4.1.Capacity, By Volume

4.4.1.1.             By Company

4.4.1.2.             By Location

4.4.2.Production

4.4.2.1.             By Company

4.4.3.Operating Efficiency

4.4.3.1.             By Company

4.4.4.      United States Naphthalene Demand-Supply Scenario, 2015-2030, By Volume

4.4.4.1.             Demand

4.4.4.2.             Supply

4.4.4.3.             Gap

4.4.5.      United States Naphthalene Demand Outlook, 2015-2030, By Volume

4.4.5.1.             By Application

4.4.5.2.             By End Use

4.4.5.3.             By Company Share (At least top 3 companies’ market share)

4.4.5.4.             By Region

4.4.5.5.             By Sales Channel

4.5.  Mexico Naphthalene Market Outlook, 2015-2030

4.5.1.Capacity, By Volume

4.5.1.1.             By Company

4.5.1.2.             By Location

4.5.2.Production

4.5.2.1.             By Company

4.5.3.Operating Efficiency

4.5.3.1.             By Company

4.5.4.      Mexico Naphthalene Demand-Supply Scenario, 2015-2030, By Volume

4.5.4.1.             Demand

4.5.4.2.             Supply

4.5.4.3.             Gap

4.5.5.      Mexico Naphthalene Demand Outlook, 2015-2030, By Volume

4.5.5.1.             By Application

4.5.5.2.             By End Use

4.5.5.3.             By Company Share (At least top 3 companies’ market share)

4.5.5.4.             By Region

4.5.5.5.             By Sales Channel

4.6.  Canada Naphthalene Market Outlook, 2015-2030

4.6.1.Capacity, By Volume

4.6.1.1.             By Company

4.6.1.2.             By Location

4.6.2.Production

4.6.2.1.             By Company

4.6.3.Operating Efficiency

4.6.3.1.             By Company

4.6.4.      Canada Naphthalene Demand-Supply Scenario, 2015-2030, By Volume

4.6.4.1.             Demand

4.6.4.2.             Supply

4.6.4.3.             Gap

4.6.5.      Canada Naphthalene Demand Outlook, 2015-2030, By Volume

4.6.5.1.             By Application

4.6.5.2.             By End Use

4.6.5.3.             By Company Share (At least top 3 companies’ market share)

4.6.5.4.             By Region

4.6.5.5.             By Sales Channel

Read Full Toc Here: https://www.chemanalyst.com/industry-report/naphthalene-market-565

About Us        

ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award winning research based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more.

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Oleochemicals Market Size, Share, Growth, Analysis and Industry Forecast 2030

According to ChemAnalyst report, “Global Oleochemicals Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global oleochemicals market has shown tremendous growth in the past five years and is anticipated to achieve a CAGR of 5.12% during the forecast period. Increasing demand of biodegradable, environmentally friendly and non-toxic materials from consumers is anticipated to increase the demand of oleochemicals due to their ecofriendly, less toxic compared to petrochemical based products properties. Additionally, UNICEF’s agenda to achieve sustainable developmental goals by 2030 has emphasis on use of environmentally friendly products which would further support the growth market of oleochemicals during the forecast period.

Oleochemicals are chemical compounds obtained from plant oil and animal fat sources. Additionally, they are surface active molecules containing long alkyl chain of lipophilic and charged polar head of hydrophilic group. As a result, they have great air-lipid and water-lipid actions Oleochemicals are basically classified as fatty acids, methyl esters, fatty alcohols, fatty amines, glycerol. Basic raw materials for oleochemical extraction are coconut oil, palm kernel oil (PKO), palm oil, rapeseed oil, sunflower oil, tallow etc. Main technologies used in oleochemical manufacturing are hydrolysis, transesterification, hydrogenation, fractionation.

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Oleochemicals have wide range of applications in personal care & cosmetics, soaps & detergents due to their emollient, emulsification, and surfactant properties. Furthermore, growing demand of biofuels in automotive industry is set to increase the demand of oleochemicals as they can be used as lubricants in biodiesel. Oleochemicals are also used in engine performance problems such as carbon deposits hence increases the efficiency of vehicles. Other major end use industry is pharmaceuticals where oleochemicals are increasingly used in drug preservative application. Upcoming new technologies implemented by companies operating in oleochemicals such as  inventure supercritical technology implemented by Wilmar, will also improve the efficiency and performance of oleochemical manufacturing process which will be beneficial to its end user industries.

Oleochemical prices are linked to fats and oil feedstock prices. APAC countries such as Indonesia and Malaysia are major raw material supplier for oleochemicals. Any changes in the export tax situation in these countries can affect the price of oleochemicals. Global economic slowdown due to COVID 19 impacted the manufacturing industries during the first half of 2020. Industries were lacking the feedstock due to supply chain disruption and global plant outages initially in 2020. This caused the sudden increase in prices of fatty alcohol and fatty acids.

Regionally, Asia pacific has emerged to be the largest consumer of oleochemicals. Rising per capita income in countries like China, India has increased the consumer spending in consumer durable products which is increasing the demand of oleochemicals market in the region. Also increasing awareness about the harmful effects of petrochemicals-based products on human health and environment has encouraged manufacturers to shift focus on natural, non-toxic oleochemicals material.

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Major Players:

• BASF SE,
• Clariant AG,
• Croda International,
• Dow Chemials,
• Emery Natural Oleochemical,
• Oleon,
• Kuala Lumpur Kepong Berhad,
• P&G Chemicals,
• Wilmar International,
• IOI Oleo GmbH,
• Vanatge Specialty Chemicals Inc. etc.

“Being linked to the downstream application such as Construction, FMCG, etc, the global Oleochemical industry has shown a robust growth alongside growing population and changing consumer preference. India is forecasted to become the world's fifth largest consumer market by 2025. In addition, growing per capita income globally poised a stronger outlook to the country’s oleochemicals demand. The nationwide lockdown affected the supply chain logistics and caused immediate shortage of raw materials hence increased the prices of fatty acids and fatty alcohols.  China also serves as the key growth region with sufficiently installed capacities. With new competitors emerging across the Asian oleochemicals market, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

About Us        

ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award winning research based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more.

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Biodiesel Market Size, Share, Growth, Trends | Global Industry Analysis and Forecast 2030

According to ChemAnalyst report, “Global Biodiesel Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global biodiesel market demand stood at 25 Million Tonnes in 2020 and is forecast to reach 48.02 Million Tonnes by 2030, growing at a healthy CAGR of 6.75% until 2030. Lesser greenhouse gas emissions associated with biodiesel along with its biodegradable nature and the growing need for replacing fossil fuel with renewable fuel is projected to drive the demand of biodiesel for the forecast period. Moreover, increasing population and subsequent urbanization is also a propelling factor supporting demand growth of biodiesel during the forecast period. Additionally, government support for replacement of fossil fuels with biofuels which have lesser greenhouse emissions is another factor fueling demand growth for biodiesel. Lower performance as compared to fossil fuel and corrosion related problems are expected to hinder demand growth during the forecast period.

Biodiesel is a type of fuel made from bio-based resources such as vegetable oil and animal fat. It is renewable in nature with lesser carbon footprint. It can be used in existing diesel engines without modification. Biodiesel is produced via transesterification whereby glycerin is separated from animal fat or vegetable oil leaving behind methyl esters and glycerin. Its major application areas are fuel and power generation.  It is blended with diesel and then used in vehicles. Governments globally have set various blending targets to lower the dependence on oil imports and to reduce greenhouse gas emissions. Various automotive companies are incentivizing the usage of biofuel by giving extended warranty. Indian government has set targets of 5% blending by 2022 and United States department of defense has ordered that most of its road fleet would use blended fuels.

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Biodiesel is basically processed vegetable oil or animal fat. It has applications in automotive and power generation as fuel. Stronger government support for replacement of fossil fuels with biofuel is propelling the demand of biodiesel. Due to the abundance of raw material and increasing demand from both the automotive and power generation segment, it is expected that the cost of biodiesel might come down during the forecast period. This is also another factor supporting demand rise for biodiesel and its usage in automotive and power generation. Growing demand for electric vehicles might also act as a constraint for demand growth during the forecast period.

Biodiesel are related to vegetable oil and animal fat. Hence, the price is directly linked to the fluctuations in the prices of vegetable oil and animal fat. In the first half of FY20 sudden outbreak of novel coronavirus followed by fall in in the demand of automotive rendered a major downfall in the global biodiesel, hence the prices remained low for biodiesel during the coronavirus pandemic. Demand has picked up in the recent quarters and is projected to grow due to increasing demand from Asia Pacific and North America.

Regionally, Europe dominates the Global biodiesel market and holds the largest market share in FY20. Asia’s biodiesel market is anticipated to grow in the economies like China due to increasing demand of automotive and power generation.

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Major Players:

• Australian Renewable Fuels Limited,
• Arizona Biodiesel,
• Amereco Biofuels Corp.,
• Cosan,
• Coskata,
• Sapphire Energy,
• Renewable Energy Group,
• Ag Environmental Products,
• Louis Dreyfus Corp.

“Being linked to the automotive industry, the global biodiesel industry has shown a robust growth alongside growing population and changing consumer preference towards environment friendly materials. Regionwide, Europe holds the major share of global biodiesel demand due to early adoption and greater government support for replacement of fossil fuel with biofuel. In Asia Pacific, China serves as the key growth region with sufficiently installed capacities for biodiesel.  With new competitors emerging across the Asia Pacific biodiesel market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

Report Scope:

 

In this report, global biodiesel market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Attribute	Details
Market size volume in 2020	25 million tons
Growth Rate	CAGR of 6.75% from 2021 to 2030
Base year for estimation	2020
Historic Data	2015 – 2019
Forecast period	2022 – 2030
Quantitative units	Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage	Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered	By Application (Fuel and Power Generation) By product Type (Vegetable Oil, Animal Fat) By Sales Channel (Direct/Institutional Sales, Indirect Sales)
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
Key companies profiled	Australian Renewable Fuels Limited, Arizona Biodiesel, Ameresco Biofuels Corp., Cosan, Coskata, Sapphire Energy, Renewable Energy Group, Ag Environmental Products, Louis Dreyfus Corp.
Customization scope	Free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

Table of Content

1.      Global Biodiesel Market Outlook, 2015-2030

1.1.   Capacity, By Volume

1.1.1.By Company

1.2.   Production, By Volume

1.2.1.By Company

1.3.   Operating Efficiency

1.3.1.By Company

2.      Global Biodiesel Demand Outlook, 2015-2030, By Volume

2.1.   By Application

2.2.   By Type

2.3.   By Region

2.4.   By Company

3.      North America Biodiesel Market Outlook, 2015-2030

3.1.   Capacity, By Volume

3.1.1.By Country

3.2.   Production

3.2.1.By Country

3.3.   Operating Efficiency

3.3.1.By Country

4.      North America Biodiesel Demand Outlook, 2015-2030, By Volume

4.1.   By Application

4.2.   By Type

4.3.   By Country

4.4.  United States Biodiesel Market Outlook, 2015-2030

4.4.1.Capacity, By Volume

4.4.1.1.             By Company

4.4.1.2.             By Location

4.4.2.Production

4.4.2.1.             By Company

4.4.3.Operating Efficiency

4.4.3.1.             By Company

4.4.4.      United States Biodiesel Demand-Supply Scenario, 2015-2030, By Volume

4.4.4.1.             Demand

4.4.4.2.             Supply

4.4.4.3.             Gap

4.4.5.      United States Biodiesel Demand Outlook, 2015-2030, By Volume

4.4.5.1.             By Application

4.4.5.2.             By Type

4.4.5.3.             By Company Share (At least top 3 companies’ market share)

4.4.5.4.             By Region

4.4.5.5.             By Sales Channel

4.5.  Mexico Biodiesel Market Outlook, 2015-2030

4.5.1.Capacity, By Volume

4.5.1.1.             By Company

4.5.1.2.             By Location

4.5.2.Production

4.5.2.1.             By Company

4.5.3.Operating Efficiency

4.5.3.1.             By Company

4.5.4.      Mexico Biodiesel Demand-Supply Scenario, 2015-2030, By Volume

4.5.4.1.             Demand

4.5.4.2.             Supply

4.5.4.3.             Gap

4.5.5.      Mexico Biodiesel Demand Outlook, 2015-2030, By Volume

4.5.5.1.             By Application

4.5.5.2.             By Type

4.5.5.3.             By Company Share (At least top 3 companies’ market share)

4.5.5.4.             By Region

4.5.5.5.             By Sales Channel

4.6.  Canada Biodiesel Market Outlook, 2015-2030

4.6.1.Capacity, By Volume

4.6.1.1.             By Company

4.6.1.2.             By Location

4.6.2.Production

4.6.2.1.             By Company

4.6.3.Operating Efficiency

4.6.3.1.             By Company

4.6.4.      Canada Biodiesel Demand-Supply Scenario, 2015-2030, By Volume

4.6.4.1.             Demand

4.6.4.2.             Supply

4.6.4.3.             Gap

4.6.5.      Canada Biodiesel Demand Outlook, 2015-2030, By Volume

4.6.5.1.             By Application

4.6.5.2.             By Type

4.6.5.3.             By Company Share (At least top 3 companies’ market share)

4.6.5.4.             By Region

4.6.5.5.             By Sales Channel

5.      Asia Pacific Biodiesel Market Outlook, 2015-2030

5.1.   Capacity, By Volume

5.1.1.By Country

5.2.   Production

5.2.1.By Country

5.3.   Operating Efficiency

5.3.1.By Country

Read Full ToC Here: https://www.chemanalyst.com/industry-report/biodiesel-market-570

About Us        

ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award winning research based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more.

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Biodegradable Polymers Market Size, Share, Growth | Global Industry Analysis and Forecast 2030

According to ChemAnalyst report, “Global Biodegradable Polymers Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global biodegradable polymers market demand stood at 1.28 Million Tonnes and is projected to reach 2.338 Million Tonnes by 2030, grow at a steady CAGR of 6.55% in the forecast period. Increasing demand in the packaging industry backed by government initiatives across several regions to promote environment friendly biodegradable polymers would drive the demand for biodegradable polymers in the forecast period. In addition, UNICEF’s push for the economies to reach Sustainable Development Goals, aimed increasing usage of environment friendly materials by 2030 would further support the market growth in the forecast period.

Biodegradable Polymers are the polymers which are degradable in nature and break down into smaller molecules with the action of agents such as microorganisms and nature. Based on feedstock type they can be classified into Natural Biodegradable Polymers which are formed in nature and Synthetic Biodegradable Polymers which are based on petroleum. Various Natural Biodegradable Polymers include Polylactic Acid (PLA), Polyhydroxy Butyrate (PHB), Starch based Biopolymers, Cellulose derivatives etc. Synthetic Biodegradable Polymers include Polycaprolactone (PCL), Polyglycolide (PGA), poly(3-hydroxybutyrate-co-3-hydroxyvalerate) (PHBV), poly (butylene adipate-co-terephthalate) (PBAT) etc. and others.

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Various Biodegradable Polymers find application in Agriculture Films, Textile, Consumer Goods, Packaging, Healthcare, and others. Major application is packaging which is driving the demand in the forecast period. various kinds of packaging such as food packaging, garbage bags etc. can be manufactured through polylactic acid which is degradable in nature. Next major end use is agriculture films which are also driving the market. Upcoming technologies such as Biodegradable composite materials and Biobased hybrid nanocomposites having application in artificial joints, drug delivery systems etc. are expected to push the demand further in the long run.

Prices of various natural biodegradable polymers like Polylactic Acid (PLA), Polyhydroxy Butyrate (PHB), Starch based Biopolymers, Cellulose derivatives etc. are high as compared to other non- biodegradable plastics due to high processing costs. Synthetic biodegradable polymers such as Polycaprolactone (PCL), Polyglycolide (PGA), poly(3-hydroxybutyrate-co-3-hydroxyvalerate) (PHBV), poly (butylene adipate-co-terephthalate) (PBAT) etc. and others are derived from petroleum hence their prices are dependent on the prices of crude oil. Recently in the first half of 2020 there was worldwide lockdown due to the coronavirus which resulted in fall in the prices of crude oil hence the prices of synthetic biodegradable polymers remained lesser as compared to 2019.

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Regionally, Asia Pacific dominates the Global biodegradable polymers market and holds the largest market share in FY20. Asia’s biodegradable polymers market is anticipated to grow in the economies like India, China, and Japan due to continuously rising population and high demand from the industrial and household sector. Stronger government support for environment friendly materials is also projected to support demand rise in the region. South Asia, particularly India, seems to be the key market for biodegradable polymers as the country is seen as a generally under-supplied market with limited domestic manufacturing.

Major Players:

• Nature Works LLC,
• Galactic,
• Shimadzu,
• Mitsui Chem,
• BASF SE,
• Dainippon Ink Chem,
• Chronopol,
• Toyota,
• Treofan,
• Purac,
• Mitsubishi,
• Biomer,
• Novamont,
• Rodenburg Biopolymers,
• National Starch,
• Végémat,
• Limagrain

“Being directly linked to the FMCG industry, the global biodegradable polymers industry has shown a robust growth alongside growing population and changing consumer preference. India is forecasted to become the world's fifth largest consumer market by 2025. In addition, reduction in the goods and service tax (GST) applicable on food packaging poised a stronger outlook to the country’s biodegradable polymers demand. China also serves as the key growth region with sufficiently installed capacities. Additionally, stronger government support for environmentally friendly biodegradable polymers having lesser carbon footprint may push the demand further. Global synthetic biodegradable polymers pricing curve shows strong movement in line with the crude oil which left major economics indulged into biodegradable polymers production witness tumbling values during the coronavirus pandemic era. With new competitors emerging across the Asian biodegradable polymers market, players anticipate that supply will soon outpace demand in the near future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

Report Scope:

 

In this report, global Biodegradable Polymers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Attribute	Details
Market size volume in 2020	1.28 million tons
Growth Rate	CAGR of 6.55% from 2021 to 2030
Base year for estimation	2020
Historic Data	2015 – 2019
Forecast period	2022 – 2030
Quantitative units	Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage	Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered	By End-Use (Agriculture Films, Textile, Consumer Goods, Packaging, Healthcare, and others.) By Type (Polylactic Acid (PLA), Polyhydroxy Butyrate (PHB), Starch based Biopolymers, Cellulose derivatives, Polycaprolactone (PCL), Polyglycolide (PGA), PHBV, PBAT) By Sales Channel (Direct Company Sale, Direct Import, Distributors & Traders, Retailers)
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
Key companies profiled	Treofan, Purac, Mitsui Chem, Nature Works LLC, BASF SE, Galactic, Shimadzu, Dainippon Ink Chem, Chronopol, Toyota, Mitsubishi, Biomer, Novamont, Rodenburg Biopolymers, National Starch, Végémat, Limagrain and others.
Customization scope	Free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

Table of Content:

1.     Global Biodegradable Polymers Market Outlook, 2015-2030

1.1.   Capacity, By Volume

1.1.1.By Company

1.2.   Production, By Volume

1.2.1.By Company

1.3.   Operating Efficiency

1.3.1.By Company

2.      Global Biodegradable Polymers Demand Outlook, 2015-2030, By Volume

2.1.   By End Use

2.2.   By Type

2.3.   By Region

2.4.   By Company

3.      North America Biodegradable Polymers Market Outlook, 2015-2030

3.1.   Capacity, By Volume

3.1.1.By Country

3.2.   Production

3.2.1.By Country

3.3.   Operating Efficiency

3.3.1.By Country

4.      North America Biodegradable Polymers Demand Outlook, 2015-2030, By Volume

4.1.   By End Use

4.2.   By Type

4.3.   By Country

4.4.  United States Biodegradable Polymers Market Outlook, 2015-2030

4.4.1.Capacity, By Volume

4.4.1.1.             By Company

4.4.1.2.             By Location

4.4.2.Production

4.4.2.1.             By Company

4.4.3.Operating Efficiency

4.4.3.1.             By Company

4.4.4.      United States Biodegradable Polymers Demand-Supply Scenario, 2015-2030, By Volume

4.4.4.1.             Demand

4.4.4.2.             Supply

4.4.4.3.             Gap

4.4.5.      United States Biodegradable Polymers Demand Outlook, 2015-2030, By Volume

4.4.5.1.             By End Use

4.4.5.2.             By Type

4.4.5.3.             By Company Share (At least top 3 companies’ market share)

4.4.5.4.             By Region

4.4.5.5.             By Sales Channel

4.5.  Mexico Biodegradable Polymers Market Outlook, 2015-2030

4.5.1.Capacity, By Volume

4.5.1.1.             By Company

4.5.1.2.             By Location

4.5.2.Production

4.5.2.1.             By Company

4.5.3.Operating Efficiency

4.5.3.1.             By Company

4.5.4.      Mexico Biodegradable Polymers Demand-Supply Scenario, 2015-2030, By Volume

4.5.4.1.             Demand

4.5.4.2.             Supply

4.5.4.3.             Gap

4.5.5.      Mexico Biodegradable Polymers Demand Outlook, 2015-2030, By Volume

4.5.5.1.             By End Use

4.5.5.2.             By Type

4.5.5.3.             By Company Share (At least top 3 companies’ market share)

4.5.5.4.             By Region

4.5.5.5.             By Sales Channel

4.6.  Canada Biodegradable Polymers Market Outlook, 2015-2030

4.6.1.Capacity, By Volume

4.6.1.1.             By Company

4.6.1.2.             By Location

4.6.2.Production

4.6.2.1.             By Company

4.6.3.Operating Efficiency

4.6.3.1.             By Company

4.6.4.      Canada Biodegradable Polymers Demand-Supply Scenario, 2015-2030, By Volume

4.6.4.1.             Demand

4.6.4.2.             Supply

4.6.4.3.             Gap

4.6.5.      Canada Biodegradable Polymers Demand Outlook, 2015-2030, By Volume

4.6.5.1.             By End Use

4.6.5.2.             By Type

4.6.5.3.             By Company Share (At least top 3 companies’ market share)

4.6.5.4.             By Region

4.6.5.5.             By Sales Channel

5.      Asia Pacific Biodegradable Polymers Market Outlook, 2015-2030

5.1.   Capacity, By Volume

5.1.1.By Country

5.2.   Production

5.2.1.By Country

5.3.   Operating Efficiency

5.3.1.By Country

Read Full ToC Here: https://www.chemanalyst.com/industry-report/biodegradable-polymers-market-472

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