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Global Biodegradable Medical Plastics Market: By Application: Medical Devices, Medical Packaging, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Biodegradable Medical Plastics Market Outlook

The global biodegradable medical plastics market attained a value of nearly USD 3.1 billion in 2020. The industry is further expected to grow at a CAGR of 11.9% during the forecast period of 2021-2026.

 

Global Biodegradable Medical Plastics Market

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The increasing demand from the healthcare industry for environmentally friendly and sustainable products has motivated suppliers to produce biodegradable medical plastics using raw materials obtained from plants, which is aiding the growth of the biodegradable medical plastics market. It is possible to reuse the waste produced during hemp processing to generate hemp-based biodegradable plastics. It is also possible to use ethanol produced from sugarcane to produce green polyethylene. To create biodegradable polycarbonate, naturally occurring sugar called thymidine is also combined with carbon dioxide. Likewise, microorganisms that feed on seaweed can be used to produce biodegradable plastics like polyhydroxyalkanoate.

 

Properties and Applications

Biodegradable plastics are those that can be decomposed into the water, carbon dioxide, and biomass by the action of living organisms, generally microbes. With the rising environmental concern, the production of biodegradable plastics in the medical sector has increased and, thus, they are frequently manufactured using renewable raw materials, microorganisms, petrochemicals, or a combination of all three.

 

Global Biodegradable Medical Plastics Market By Application

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The global biodegradable medical plastics industry can be segmented into applications and regions.

Based on its application, the industry is segmented into: 

  • Medical Devices 
  • Medical Packaging
  • Others

The EMR report looks into the regional biodegradable medical plastics markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Global Biodegradable Medical Plastics Market By Region

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Market Analysis

With the growing environmental concern, the demand for biodegradable medical plastics has increased as the consumers are aiming to curb the amount of plastic generated from the medical sector. Due to the change in customer preference towards eco-friendly products, along with the growing use of biodegradable plastics for packaging, the biodegradable medical plastics market is witnessing a significant development globally. The market is also being driven by the implementation of strict laws and prohibitions against the use of plastic bags and other plastic products.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global biodegradable medical plastics industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Arkema Group
  • BASF SE
  • Corbion
  • Evonik Industries AG
  • Koninklijke DSM N.V.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region
Breakup by Application Medical Devices, Medical Packaging, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Arkema Group, BASF SE, Corbion, Evonik Industries AG, Koninklijke DSM N.V., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Key Questions Answered in the Market Report

  • How has the global biodegradable medical plastics market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the biodegradable medical plastics market for 2021-2026?
  • What are the major drivers for the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major demand indicators of the global biodegradable medical plastics market?
  • What are the price trends of biodegradable medical plastics in the market globally? 
  • What are the import and export trends in the global biodegradable medical plastics market?
  • Who are the top importers and exporters of biodegradable medical plastics in the industry globally?
  • Who are the key manufacturers of biodegradable medical plastics in the global industry?
  • What is the degree of competition in the global industry?
  • What are the major events and developments taking place within the industry globally?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Cost Structure
    4.5    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Biodegradable Medical Plastics Market Analysis
    6.1    Global Biodegradable Medical Plastics Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Biodegradable Medical Plastics Market Breakup by Application
        6.2.1    Medical Devices
        6.2.2    Medical Packaging
        6.2.3    Others
    6.3    Global Biodegradable Medical Plastics Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Medical Devices 
        6.3.2    Medical Packaging
        6.3.3    Others     
    6.4    Global Biodegradable Medical Plastics Market by Region
        6.4.1    North America
            6.4.1.1    United States of America
            6.4.1.2    Canada
        6.4.2    Europe
            6.4.2.1    Germany
            6.4.2.2    United Kingdom
            6.4.2.3    France
            6.4.2.4    Italy
            6.4.2.5    Others
        6.4.3    Asia Pacific
            6.4.3.1    China
            6.4.3.2    Japan
            6.4.3.3    India
            6.4.3.4    ASEAN
            6.4.3.5    Others
        6.4.4    Latin America
            6.4.4.1    Brazil
            6.4.4.2    Argentina
            6.4.4.3    Mexico
            6.4.4.4    Others
        6.4.5    Middle East & Africa
            6.4.5.1    Saudi Arabia
            6.4.5.2    United Arab Emirates
            6.4.5.3    Nigeria
            6.4.5.4    South Africa
            6.4.5.5    Others
    6.5    Global Biodegradable Medical Plastics Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    North America
            6.5.1.1    United States of America
            6.5.1.2    Canada
        6.5.2    Europe
            6.5.2.1    Germany
            6.5.2.2    United Kingdom
            6.5.2.3    France
            6.5.2.4    Italy
            6.5.2.5    Others
        6.5.3    Asia Pacific
            6.5.3.1    China
            6.5.3.2    Japan
            6.5.3.3    India
            6.5.3.4    ASEAN
            6.5.3.5    Others
        6.5.4    Latin America
            6.5.4.1    Brazil
            6.5.4.2    Argentina
            6.5.4.3    Mexico
            6.5.4.4    Others
        6.5.5    Middle East & Africa
            6.5.5.1    Saudi Arabia
            6.5.5.2    United Arab Emirates
            6.5.5.3    Nigeria
            6.5.5.4    South Africa
            6.5.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis
    9.1    Arkema Group
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    BASF SE
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    Corbion
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Evonik Industries AG
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Koninklijke DSM N.V.
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    Others
10    Industry Events and Developments

Additional Customisations Available:

1    Manufacturing Process
    1.1    Detailed Process Flow
    1.2    Operations Involved
    1.3    Mass Balance
2    Cost Analysis and Project Economics
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

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