Degradable Materials Market - By Degradation Method, By Product Type, By Application and By Geography Analysis - Forecast 2020 - 2025
- North America dominates the degradable materials market, owing to the policies imposed by the government such as Extended Producer Responsibility (EPR), which encourages the use of degradable materials in the region.
- The petroleum is widely consumed to manufacture plastics. Biodegradable plastics come from products like switchgrass or corn, due to which the petroleum can be redirected to other industries such as transportation or heating.
- Few of the biodegradable materials produce methane while decomposing in landfills, due to which there is a possibility that some of these materials may be creating a more harmful effect on the environment, which acts as a hindrance to the degradable materials market.
- Due to the COVID-19 Pandemic, most of the countries have gone under lockdown, due to which operations of various packaging industries have been negatively affected, which is hampering the degradable materials market growth.
- Favorable Government Regulations
- High Cost Attached With The Bio-Degradable Materials
- In October 2019, Natureworks LLC. and Flo SpA introduced a Nespresso, Lavazza Blu, and Keurig systems compatible coffee capsule with up to 100% biobased content, compostable with food waste.
- In February 2020, BASF SE and Fabbri Group according to standards for industrial composting and home composting developed a certified compostable cling film for fresh-food packaging to reduce food waste, greenhouse gas emissions and to promote organic recycling.
List of Tables
1 US Degradable Materials Market Size 2018
2 Canada Degradable Materials Market Share 2018
3 Brazil Degradable Materials Market Outlook 2019 - 2023
4 Mexico Degradable Materials Market Research 2018
5 Germany Degradable Materials Market Trends 2019 - 2023
6 France Degradable Materials Market Growth 2019 - 2023
7 UK Degradable Materials Market Demand 2019 - 2023
8 Italy Degradable Materials Market Segmentation 2018
9 Russia Degradable Materials Market Analysis 2019 - 2023
10 China Degradable Materials Market Revenue 2019 - 2023
11 Japan Degradable Materials Market Volume 2019 - 2023
12 South Korea Degradable Materials Market Potential 2019 - 2023
13 India Degradable Materials Market Leaders 2018
14 Saudi Arabia Degradable Materials Market Forecast 2019 - 2023
15 Kuwait Degradable Materials Market Value 2018
List of Figures
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