The global biodegradable films market is likely to showcase a growth of around 7% during the forecast period. Increasing demand for biodegradable packaging materials from both individual and institutional buyers due to strict government regulations like banning the use of single-use plastics to lower the potential for global warming, ozone depletion, and smog formation and increasing awareness among the population regarding benefits associated with biodegradable films.

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Plastics that are degraded by microorganisms into carbon dioxide, methane, and biomass under certain environmental conditions are referred to as biodegradable films. These films can be utilized with other fillers such as wastepaper, wood flour, and lime, and come in various types of granulation sizes and colors to change the material’s outward appearance. Owing to these aforementioned factors, there is rising demand for biodegradable films from the horticulture & agriculture sector and for greenhouse applications. Organic mulching materials extracted from plants and animals are biodegradable films, providing benefits such as weed control, soil structure preservation, and crop prevention from soil pollution. Moreover, awareness of plastic waste management is growing with increasing demand from the food packaging industry, among others is expected to induce growth for the biodegradable film market. Besides, taking a considerably lesser time to break down as compared to plastic, biodegradable films can also be further recycled for creating more plastic by-products. Additionally, biodegradable films are reducing the need for disposable plastic materials and would decrease negative environmental effects.

Based on type, the market is categorized into polylactic Acid (PLA), starch blends, polyesters, polyhydroxyalkanoates (PHA), and others. Among these, starch blends have a prominent share in the biodegradable films market as starch blends are considered excellent biodegradable fillers due to their thermal stability and for making minimal involvement with the melt-flow properties of most materials. They can be utilized to reduce the cost and accelerate the biodegradation process of composite materials.

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Based on end-user, the market is categorized into food & beverage, agriculture, cosmetic & personal care, and others. Among these, food & beverage has a considerable share in the biodegradable film market. The application areas of biodegradable films in the food & beverage packaging industry include egg trays, edible coating, paper boards, wrapping films, and food containers. Further, biodegradable films are used in fresh & frozen food packaging, packaging of dried snacks & candy, bakery products, water & juice bottles, meat trays, and coatings for beverages cups, cans, and bottles.

For a better understanding of the market adoption of biodegradable films, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, France, United Kingdom, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific has a significant share of the market and is expected to showcase substantial growth during the forecast period. This can be attributed to the rising adoption of biodegradable films across different industries, including agriculture, consumer durables, textiles, and packaging, owing to the strong environmental concerns in the region. Furthermore, the biochemicals industry of the region is increasingly focusing on the production of biochemicals to develop sustainable and eco-friendly solutions.

For a detailed analysis of the global biodegradable films, market browse through https://univdatos.com/report/biodegradable-films-market-2/

Global Biodegradable Films Market Segmentation

Market Insight, by Type

Market Insight, by End-User

·         Food & Beverage

·         Agriculture

·         Cosmetic & Personal Care

·         Others

Market Insight, by Region

·         North America Biodegradable Films Market

o    United States

o    Canada

o    Rest of North America

·         Europe Biodegradable Films Market

o    Germany

o    United Kingdom

o    France

o    Italy

o    Spain

o    Rest of Europe

·         Asia-Pacific Biodegradable Films Market

o    China

o    Japan

o    India

o    Australia

o    Rest of Asia-Pacific

·         Rest of World Biodegradable Films Market

Top Company Profiles  

• BASF SE
• Futamura Group
• Polystar Plastics Ltd.
• BioBag International AS
• Avery Dennison Corporation
• Novamont S.p.A.
• Berry BPI Packaging Solutions
• Taghleef Industries
• AEP Industries Inc.
• Cortec Corporation