Global Green Plastic Market Research Report 2024(Status and Outlook)

December 2024 | 139 pages | ID: G71DF143FFD0EN
Bosson Research

US$ 2,800.00

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Report Overview

Green plastic, also known as bioplastic, refers to a type of plastic that is derived from renewable biomass sources such as corn starch, sugarcane, or vegetable fats and oils. Unlike traditional plastics derived from fossil fuels, green plastic is biodegradable and has a lower carbon footprint, making it an environmentally friendly alternative.

The current market size for green plastic in 2023 is estimated at approximately USD 10 million. The market is projected to grow at a compound annual growth rate (CAGR) of 15.75% from 2024 to 2032, reaching a value of USD 25 million by the end of the forecast period.

Key growth drivers for the green plastic market include increasing environmental concerns, stringent regulations on single-use plastics, growing consumer awareness about sustainable products, and the shift towards a circular economy. Market forces such as government initiatives promoting bio-based products, technological advancements in bioplastic production, and collaborations between key industry players are also contributing to market growth.

One of the prominent trends in the green plastic market is the rising adoption of biodegradable packaging materials by various industries such as food and beverage, cosmetics, and healthcare. Companies are increasingly focusing on developing compostable and recyclable packaging solutions to reduce plastic waste and meet sustainability goals. For instance, major brands are switching to bioplastic packaging for their products to appeal to environmentally conscious consumers and comply with eco-friendly regulations.

Another trend is the expansion of bioplastic applications beyond packaging to include automotive parts, consumer goods, textiles, and agriculture. Bioplastics are being used in automotive interiors, electronic casings, disposable cutlery, and mulch films, among other applications. This diversification of end-use industries is driving market growth and creating new opportunities for bioplastic manufacturers.

Regional market distribution shows that Europe is currently the leading market for green plastic, driven by strict regulations on plastic waste management, increasing investments in sustainable technologies, and a strong emphasis on environmental conservation. North America follows closely, with a growing demand for eco-friendly products and a shift towards sustainable practices among businesses and consumers. Asia Pacific is also emerging as a significant market for green plastic, fueled by rapid industrialization, rising disposable incomes, and a growing awareness of environmental issues.

Despite the positive growth prospects, the green plastic market faces challenges such as high production costs compared to traditional plastics, limited recycling infrastructure for bioplastics, and the need for standardized certifications to ensure product quality and biodegradability. Overcoming these challenges will require industry collaboration, technological innovation, and supportive government policies to promote the adoption of green plastic materials across various sectors.

In conclusion, the green plastic market is poised for significant growth driven by increasing environmental awareness, regulatory support, and the shift towards sustainable practices. Companies that invest in research and development, expand their product portfolios, and prioritize sustainability in their operations will be well-positioned to capitalize on the growing demand for green plastic solutions globally.

This report provides a deep insight into the global Green Plastic market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Green Plastic Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Green Plastic market in any manner.

Global Green Plastic Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Covestro

Kraiburg

BASF

Corbion

Cargill(Natureworks)

Biome Technologies

Mitsubishi Chemical

Kuraray?Plantic Technologies?

Bio-On

Market Segmentation (by Type)

Photodegradable Plastic

Natural Polymer Plastic

Microbial Polymer Type

Genetically Modified Plastic

Market Segmentation (by Application)

Building Materials

Automotive Materials

Medical Equipment

Home Appliance

Others

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Green Plastic Market
  • Overview of the regional outlook of the Green Plastic Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Green Plastic Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.
1 RESEARCH METHODOLOGY AND STATISTICAL SCOPE

1.1 Market Definition and Statistical Scope of Green Plastic
1.2 Key Market Segments
  1.2.1 Green Plastic Segment by Type
  1.2.2 Green Plastic Segment by Application
1.3 Methodology & Sources of Information
  1.3.1 Research Methodology
  1.3.2 Research Process
  1.3.3 Market Breakdown and Data Triangulation
  1.3.4 Base Year
  1.3.5 Report Assumptions & Caveats

2 GREEN PLASTIC MARKET OVERVIEW

2.1 Global Market Overview
  2.1.1 Global Green Plastic Market Size (M USD) Estimates and Forecasts (2019-2032)
  2.1.2 Global Green Plastic Sales Estimates and Forecasts (2019-2032)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
2.4 Macroeconomic Analysis

3 GREEN PLASTIC MARKET COMPETITIVE LANDSCAPE

3.1 Global Green Plastic Sales by Manufacturers (2019-2024)
3.2 Global Green Plastic Revenue Market Share by Manufacturers (2019-2024)
3.3 Green Plastic Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Green Plastic Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Green Plastic Sales Sites, Area Served, Product Type
3.6 Green Plastic Market Competitive Situation and Trends
  3.6.1 Green Plastic Market Concentration Rate
  3.6.2 Global 5 and 10 Largest Green Plastic Players Market Share by Revenue
  3.6.3 Mergers & Acquisitions, Expansion

4 GREEN PLASTIC INDUSTRY CHAIN ANALYSIS

4.1 Green Plastic Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis

5 THE DEVELOPMENT AND DYNAMICS OF GREEN PLASTIC MARKET

5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
  5.5.1 New Product Developments
  5.5.2 Mergers & Acquisitions
  5.5.3 Expansions
  5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies

6 GREEN PLASTIC MARKET SEGMENTATION BY TYPE

6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Green Plastic Sales Market Share by Type (2019-2024)
6.3 Global Green Plastic Market Size Market Share by Type (2019-2024)
6.4 Global Green Plastic Price by Type (2019-2024)

7 GREEN PLASTIC MARKET SEGMENTATION BY APPLICATION

7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Green Plastic Market Sales by Application (2019-2024)
7.3 Global Green Plastic Market Size (M USD) by Application (2019-2024)
7.4 Global Green Plastic Sales Growth Rate by Application (2019-2024)

8 GREEN PLASTIC MARKET SALES BY REGION

8.1 Global Green Plastic Sales by Region
  8.1.1 Global Green Plastic Sales by Region
  8.1.2 Global Green Plastic Sales Market Share by Region
8.2 Global Green Plastic Market Size by Region
  8.2.1 Global Green Plastic Market Size by Region
  8.2.2 Global Green Plastic Market Size Market Share by Region
8.3 North America
  8.3.1 North America Green Plastic Sales by Country
  8.3.2 North America Green Plastic Market Size by Country
  8.3.3 U.S. Market Overview
  8.3.4 Canada Market Overview
  8.3.5 Mexico Market Overview
8.4 Europe
  8.4.1 Europe Green Plastic Sales by Country
  8.4.2 Europe Green Plastic Market Size by Country
  8.4.3 Germany Market Overview
  8.4.4 France Market Overview
  8.4.5 U.K. Market Overview
  8.4.6 Italy Market Overview
  8.4.7 Russia Market Overview
8.5 Asia Pacific
  8.5.1 Asia Pacific Green Plastic Sales by Region
  8.5.2 China
  8.5.3 Japan
  8.5.4 South Korea
  8.5.5 India
  8.5.6 Southeast Asia
8.6 Asia Pacific
  8.6.1 Asia Pacific Green Plastic Market Size by Region
  8.6.2 Asia Pacific Green Plastic Market Size by Region
  8.6.3 China
  8.6.4 Japan
  8.6.5 South Korea
  8.6.6 India
  8.6.7 Southeast Asia
8.7 South America
  8.7.1 South America Green Plastic Sales by Country
  8.7.2 South America Green Plastic Market Size by Country
  8.7.3 Brazil
  8.7.4 Argentina
  8.7.5 Columbia
8.8 Middle East and Africa
  8.8.1 Middle East and Africa Green Plastic Sales by Region
  8.8.2 Middle East and Africa Green Plastic Market Size by Region
  8.8.3 Saudi Arabia
  8.8.4 UAE
  8.8.5 Egypt
  8.8.6 Nigeria
  8.8.7 South Africa

9 GREEN PLASTIC MARKET PRODUCTION BY REGION

9.1 Global Production of Green Plastic by Region (2019-2024)
9.2 Global Green Plastic Revenue Market Share by Region (2019-2024)
9.3 Global Green Plastic Production, Revenue, Price and Gross Margin (2019-2024)
9.4 North America Green Plastic Production
  9.4.1 North America Green Plastic Production Growth Rate (2019-2024)
  9.4.2 North America Green Plastic Production, Revenue, Price and Gross Margin (2019-2024)
9.5 Europe Green Plastic Production
  9.5.1 Europe Green Plastic Production Growth Rate (2019-2024)
  9.5.2 Europe Green Plastic Production, Revenue, Price and Gross Margin (2019-2024)
9.6 Japan Green Plastic Production (2019-2024)
  9.6.1 Japan Green Plastic Production Growth Rate (2019-2024)
  9.6.2 Japan Green Plastic Production, Revenue, Price and Gross Margin (2019-2024)
9.7 China Green Plastic Production (2019-2024)
  9.7.1 China Green Plastic Production Growth Rate (2019-2024)
  9.7.2 China Green Plastic Production, Revenue, Price and Gross Margin (2019-2024)

10 KEY COMPANIES PROFILE

10.1 Covestro
  10.1.1 Covestro Green Plastic Basic Information
  10.1.2 Covestro Green Plastic Product Overview
  10.1.3 Covestro Green Plastic Product Market Performance
  10.1.4 Covestro Business Overview
  10.1.5 Covestro Green Plastic SWOT Analysis
  10.1.6 Covestro Recent Developments
10.2 Kraiburg
  10.2.1 Kraiburg Green Plastic Basic Information
  10.2.2 Kraiburg Green Plastic Product Overview
  10.2.3 Kraiburg Green Plastic Product Market Performance
  10.2.4 Kraiburg Business Overview
  10.2.5 Kraiburg Green Plastic SWOT Analysis
  10.2.6 Kraiburg Recent Developments
10.3 BASF
  10.3.1 BASF Green Plastic Basic Information
  10.3.2 BASF Green Plastic Product Overview
  10.3.3 BASF Green Plastic Product Market Performance
  10.3.4 BASF Green Plastic SWOT Analysis
  10.3.5 BASF Business Overview
  10.3.6 BASF Recent Developments
10.4 Corbion
  10.4.1 Corbion Green Plastic Basic Information
  10.4.2 Corbion Green Plastic Product Overview
  10.4.3 Corbion Green Plastic Product Market Performance
  10.4.4 Corbion Business Overview
  10.4.5 Corbion Recent Developments
10.5 Cargill(Natureworks)
  10.5.1 Cargill(Natureworks) Green Plastic Basic Information
  10.5.2 Cargill(Natureworks) Green Plastic Product Overview
  10.5.3 Cargill(Natureworks) Green Plastic Product Market Performance
  10.5.4 Cargill(Natureworks) Business Overview
  10.5.5 Cargill(Natureworks) Recent Developments
10.6 Biome Technologies
  10.6.1 Biome Technologies Green Plastic Basic Information
  10.6.2 Biome Technologies Green Plastic Product Overview
  10.6.3 Biome Technologies Green Plastic Product Market Performance
  10.6.4 Biome Technologies Business Overview
  10.6.5 Biome Technologies Recent Developments
10.7 Mitsubishi Chemical
  10.7.1 Mitsubishi Chemical Green Plastic Basic Information
  10.7.2 Mitsubishi Chemical Green Plastic Product Overview
  10.7.3 Mitsubishi Chemical Green Plastic Product Market Performance
  10.7.4 Mitsubishi Chemical Business Overview
  10.7.5 Mitsubishi Chemical Recent Developments
10.8 Kuraray?Plantic Technologies?
  10.8.1 Kuraray?Plantic Technologies? Green Plastic Basic Information
  10.8.2 Kuraray?Plantic Technologies? Green Plastic Product Overview
  10.8.3 Kuraray?Plantic Technologies? Green Plastic Product Market Performance
  10.8.4 Kuraray?Plantic Technologies? Business Overview
  10.8.5 Kuraray?Plantic Technologies? Recent Developments
10.9 Bio-On
  10.9.1 Bio-On Green Plastic Basic Information
  10.9.2 Bio-On Green Plastic Product Overview
  10.9.3 Bio-On Green Plastic Product Market Performance
  10.9.4 Bio-On Business Overview
  10.9.5 Bio-On Recent Developments

11 GREEN PLASTIC MARKET FORECAST BY REGION

11.1 Global Green Plastic Market Size Forecast
11.2 Global Green Plastic Market Forecast by Region
  11.2.1 North America Market Size Forecast by Country
  11.2.2 Europe Green Plastic Market Size Forecast by Country
  11.2.3 Asia Pacific Green Plastic Market Size Forecast by Region
  11.2.4 South America Green Plastic Market Size Forecast by Country
  11.2.5 Middle East and Africa Forecasted Sales of Green Plastic by Country

12 FORECAST MARKET BY TYPE AND BY APPLICATION (2025-2032)

12.1 Global Green Plastic Market Forecast by Type (2025-2032)
  12.1.1 Global Forecasted Sales of Green Plastic by Type (2025-2032)
  12.1.2 Global Green Plastic Market Size Forecast by Type (2025-2032)
  12.1.3 Global Forecasted Price of Green Plastic by Type (2025-2032)
12.2 Global Green Plastic Market Forecast by Application (2025-2032)
  12.2.1 Global Green Plastic Sales (K MT) Forecast by Application
  12.2.2 Global Green Plastic Market Size (M USD) Forecast by Application (2025-2032)

13 CONCLUSION AND KEY FINDINGS


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