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Biodegradable Films Market Trends

Report ID: GMI12426
Published Date: Nov 2024
Report Format: PDF

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Biodegradable Films Market Trends

Innovations in biopolymers, such as polylactic acid (PLA) and polyhydroxyalkanoates (PHA), are enabling the development of more durable and versatile biodegradable films. Materials such as polylactic acid (PLA), polyhydroxyalkanoates (PHA), and starch-based polymers offer improved durability, flexibility, and barrier properties. These advancements make biodegradable films suitable for high-performance applications such as protective coatings, agriculture, and medical use. Innovations are also addressing challenges like slower degradation in certain conditions and limited scalability, making these films more competitive with traditional plastics.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for biodegradable films was valued at USD 1.3 billion in 2024 and is projected to reach USD 2.7 billion by 2034, driven by a CAGR of 7.7% from 2025 to 2034.

The polylactic acid (PLA) segment held a market share of over 23.7% in 2024, driven by its compostable nature and renewable sources like corn starch and sugarcane.

North America held a significant market share of over 25% in 2024, driven by consumer demand for eco-friendly packaging and strict environmental regulations.

Major players in the industry include Barbier, Biome Bioplastics, Bleher Folientechnik, Cortec, DS Smith, Futamura, Kuber Polyfilms, Mondi, Nufab Green, and Opackgroup