The global biodegradable films market size is expected to reach USD 2.21 Billion in 2032 and register a steady revenue CAGR of 7.2% during the forecast period, according to latest analysis by Emergen Research. Focus of governments of various countries across the globe on green procurement policies is a major factor driving market revenue growth. For instance, in April 2006, Green Procurement policy was incorporated by the Government of Canada. This policy directs federal departments and agencies to incorporate environmental considerations into procurement decision-making processes for all goods and services purchased. These departments are responsible for setting green procurement targets and including environmental criteria and specifications. As a result, suppliers play a key role in advancing government's environmental agenda by providing environmentally preferable goods and services.

The latest market research report, titled ‘Global Biodegradable Films Market,’ methodically compiles the principal components of the global Biodegradable Films market research study. The report comprises an in-depth investigation of the market, underlining the latest growth trends and market dynamics. The report is intended to help readers make an accurate assessment of the present and future market scenarios. The global Biodegradable Films industry is poised to witness substantial growth during the projected timeframe, demonstrating a robust healthy CAGR

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Competitive Outlook: The leading companies operating in the Biodegradable Films market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Biodegradable Films Market and Profiled in the Report are:

BASF SE, Plascon Group, Walki Group Oy, Futamura Group, Cortec Corporation, BI-AX International Inc., BioBag Americas, Inc., Taghleef Industries Group, Clondalkin Group, and TIPA Ltd

Objectives of the Report:

Competitive landscape benchmarking

Analysis of Biodegradable Films market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Study of the global Biodegradable Films market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Biodegradable Films market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Biodegradable Films market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• Type Outlook (Revenue, USD Billion; 2019–2032)

  • Polylactic Acid (PLA)
  • Starch Blends
  • Biodegradable Polyester
    1. Polycaprolactone (PCL)
    2. Polybutylene Adipate Terephthalate (PBAT)
    3. Polybutylene Succinate (PBS)
  • Polyhydroxyalkanoates (PHA)
  • Others

• Application Outlook (Revenue, USD Billion; 2019–2032)

  • Food Packaging
  • Agriculture & Horticulture
  • Cosmetics & Personal Care Products Packaging
  • Industrial Packaging
  • Others

• Regional Outlook (Revenue, USD Billion, 2019–2032)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. UK
    3. France
    4. Spain
    5. BENELUX
    6. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. Israel
    4. Rest of Middle East & Africa

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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