Press release
Primary Catalyst Driving Biodegradable Films Market Evolution in 2025: The Bioplastics Boom Fueling A Surge In Biodegradable Film Market Growth Driver
What industry-specific factors are fueling the growth of the biodegradable films market?
The biodegradable film market is predicted to expand due to the increasing global bioplastics industry. Bioplastic is a kind of polymer, produced as an end product using natural or renewable resources. The usage of bioplastics in biodegradable films aims to take the place of single-use plastics given their renewable and biodegradable nature. For instance, data from reports published in December 2023 by the Europe based association European Bioplastics (EUBP), revealed that the production capacity of bioplastics is likely to witness a significant escalation from about 2.18 million metric tons in 2023 to roughly 7.43 million metric tons by 2028. Thus, the upsurge of the bioplastics industry globally is fuelling the expansion of the biodegradable film market.
Get Your Biodegradable Films Market Report Here:
https://www.thebusinessresearchcompany.com/report/biodegradable-films-global-market-report
What Is the projected market size and growth rate for the biodegradable films market?
In recent times, there has been a significant expansion in the market size of biodegradable films. The market value is projected to rise from $1.35 billion in 2024 to $1.45 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.3%. The growth observed in the historic period can be tied to challenges in cost and technology, the launch of pilot projects, early consumer education endeavours, initiatives to minimize waste, and an increase in eco-friendly habits.
The market size for biodegradable films is anticipated to witness robust expansion in the upcoming years, reaching $1.95 billion by 2029 with a compound annual growth rate (CAGR) of 7.7%. This promising growth during the forecast period can be credited to enhancements in cost competitiveness, expansion into global markets, investments in R&D, increased usage in agricultural applications, and concerns over global waste management. Major forecasting period trends include a transition from plastic to eco-friendly materials, environmental concern and legislation, breakthroughs in material science, demand surges from the food packaging sector, and a focus on a circular economy.
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What new trends are reshaping the biodegradable films market and its opportunities?
The rise of technological innovations is a primary trend emerging in the market for biodegradable films. Many leading corporations in the industry are adopting state-of-the-art technology in their product line to maintain their market share in the biodegradable films sector. For instance, in September 2022, ICL Group, a globally recognized manufacturing company based in Israel, introduced its novel biodegradable coated fertilizer technology, known as eqo.x. This cutting-edge technology is meant to improve controlled release fertilizers (CRF) for broad acre farming. The chief objective of this introduction is to offer a sustainable solution that optimizes crop productivity while diminishing the environmental footprint.
What major market segments define the scope and growth of the biodegradable films market?
The biodegradable films market size has grown strongly in recent years. It will grow from $1.35 billion in 2024 to $1.45 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to cost challenges and technological limitations, introduction of pilot projects, initial consumer education efforts, initiatives for waste reduction, rise in eco-friendly practices.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8286
Which region dominates the biodegradable films market?
Asia-Pacific was the largest region in the biodegradable films market share in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the biodegradable films market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the biodegradable films industry growth?
Major companies operating in the biodegradable films market are BASF SE, Futamura Chemical Co. Ltd., Taghleef Industries LLC, BioBag International AS, Plascon Group, Avery Dennison Corporation, Walki Group Oy, Bi-Ax International Inc., Cortec Corporation, Clondalkin Group, Groupe Barbier, Kingfa Sci & Tech Co. Ltd., Tipa Corp Ltd., Novamont SpA, Sigmund Lindner GmbH, Organix AG, Armando Alvarez Group, Amtrex Nature Care Pvt Ltd., Solos Polymers Pvt. Ltd., ENVIPLAST, Xinle Huabao Medical Products Co. Ltd., Tilak Polypack Private Limited, EcoBharat, Polynova Industries Inc., Magical Film Enterprise Co. Ltd., Chintec Limited, RKW Group, Dow Chemical Company, Plastiroll Oy, Mondi Group, Innovia Films Ltd., Toray Industries Inc., Mitsubishi Chemical Corporation, NatureWorks LLC, Danimer Scientific Inc., Total Corbion PLA, Synbra Technology BV
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8286&type=smp
What Is Covered In The Biodegradable Films Global Market Report?
• Market Size Forecast: Examine the biodegradable films market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the biodegradable films market for a structured understanding.
• Key Players Overview: Analyze major players in the biodegradable films market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the biodegradable films market.
• Segment Contributions: Evaluate how different segments drive overall growth in the biodegradable films market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the biodegradable films market.
• Industry Challenges: Identify potential risks and obstacles affecting the biodegradable films market.
• Competitive Landscape: Review strategic developments in the biodegradable films market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
The biodegradable film market is predicted to expand due to the increasing global bioplastics industry. Bioplastic is a kind of polymer, produced as an end product using natural or renewable resources. The usage of bioplastics in biodegradable films aims to take the place of single-use plastics given their renewable and biodegradable nature. For instance, data from reports published in December 2023 by the Europe based association European Bioplastics (EUBP), revealed that the production capacity of bioplastics is likely to witness a significant escalation from about 2.18 million metric tons in 2023 to roughly 7.43 million metric tons by 2028. Thus, the upsurge of the bioplastics industry globally is fuelling the expansion of the biodegradable film market.
Get Your Biodegradable Films Market Report Here:
https://www.thebusinessresearchcompany.com/report/biodegradable-films-global-market-report
What Is the projected market size and growth rate for the biodegradable films market?
In recent times, there has been a significant expansion in the market size of biodegradable films. The market value is projected to rise from $1.35 billion in 2024 to $1.45 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.3%. The growth observed in the historic period can be tied to challenges in cost and technology, the launch of pilot projects, early consumer education endeavours, initiatives to minimize waste, and an increase in eco-friendly habits.
The market size for biodegradable films is anticipated to witness robust expansion in the upcoming years, reaching $1.95 billion by 2029 with a compound annual growth rate (CAGR) of 7.7%. This promising growth during the forecast period can be credited to enhancements in cost competitiveness, expansion into global markets, investments in R&D, increased usage in agricultural applications, and concerns over global waste management. Major forecasting period trends include a transition from plastic to eco-friendly materials, environmental concern and legislation, breakthroughs in material science, demand surges from the food packaging sector, and a focus on a circular economy.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8286&type=smp
What new trends are reshaping the biodegradable films market and its opportunities?
The rise of technological innovations is a primary trend emerging in the market for biodegradable films. Many leading corporations in the industry are adopting state-of-the-art technology in their product line to maintain their market share in the biodegradable films sector. For instance, in September 2022, ICL Group, a globally recognized manufacturing company based in Israel, introduced its novel biodegradable coated fertilizer technology, known as eqo.x. This cutting-edge technology is meant to improve controlled release fertilizers (CRF) for broad acre farming. The chief objective of this introduction is to offer a sustainable solution that optimizes crop productivity while diminishing the environmental footprint.
What major market segments define the scope and growth of the biodegradable films market?
The biodegradable films market size has grown strongly in recent years. It will grow from $1.35 billion in 2024 to $1.45 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to cost challenges and technological limitations, introduction of pilot projects, initial consumer education efforts, initiatives for waste reduction, rise in eco-friendly practices.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8286
Which region dominates the biodegradable films market?
Asia-Pacific was the largest region in the biodegradable films market share in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the biodegradable films market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the biodegradable films industry growth?
Major companies operating in the biodegradable films market are BASF SE, Futamura Chemical Co. Ltd., Taghleef Industries LLC, BioBag International AS, Plascon Group, Avery Dennison Corporation, Walki Group Oy, Bi-Ax International Inc., Cortec Corporation, Clondalkin Group, Groupe Barbier, Kingfa Sci & Tech Co. Ltd., Tipa Corp Ltd., Novamont SpA, Sigmund Lindner GmbH, Organix AG, Armando Alvarez Group, Amtrex Nature Care Pvt Ltd., Solos Polymers Pvt. Ltd., ENVIPLAST, Xinle Huabao Medical Products Co. Ltd., Tilak Polypack Private Limited, EcoBharat, Polynova Industries Inc., Magical Film Enterprise Co. Ltd., Chintec Limited, RKW Group, Dow Chemical Company, Plastiroll Oy, Mondi Group, Innovia Films Ltd., Toray Industries Inc., Mitsubishi Chemical Corporation, NatureWorks LLC, Danimer Scientific Inc., Total Corbion PLA, Synbra Technology BV
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8286&type=smp
What Is Covered In The Biodegradable Films Global Market Report?
• Market Size Forecast: Examine the biodegradable films market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the biodegradable films market for a structured understanding.
• Key Players Overview: Analyze major players in the biodegradable films market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the biodegradable films market.
• Segment Contributions: Evaluate how different segments drive overall growth in the biodegradable films market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the biodegradable films market.
• Industry Challenges: Identify potential risks and obstacles affecting the biodegradable films market.
• Competitive Landscape: Review strategic developments in the biodegradable films market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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