Europe Biodegradable Polymers Market, Biodegradable Polymers Market

Biodegradable Polymers Market for Extrusion Coating – Drivers, Restraints, Opportunities, and Challenges forecast to 2024

According to the market research report Europe Biodegradable Polymers Market for Extrusion Coating, By Type (PLA, Starch, PBS, PHA), Substrate (Paper & Paperboard, Cellulose Films), Application (Rigid Packaging, Flexible Packaging, Liquid Packaging) Country – Forecast to 2024″, is expected to grow from USD 403 million in 2019 to USD 829 million by 2024, at a CAGR of 15.5% during the forecast period.

The major factors driving the market include high demand from various packaging applications, such as rigid packaging, flexible packaging, and liquid packaging and stringent environmental regulations against the use of non-biodegradable polymers in the European region.

Browse 37 market data Tables and 28 Figures spread through 94 Pages and in-depth TOC on “Europe Biodegradable Polymers Market for Extrusion Coating – Forecast to 2024”
View detailed Table of Content here

The European biodegradable polymers market for extrusion coating is estimated to grow from USD 403 million in 2019 to USD 829 million by 2024, at a CAGR of 15.5% during the forecast period. The market is witnessing significant growth across Europe due to the increasing awareness and stringent government regulations about the use of non-biodegradable plastics. The increasing demand from the packaging industry for rigid packaging, flexible packaging, and liquid packaging applications is expected to boost the demand for biodegradable polymers used in extrusion coating.

NatureWorks LLC (US), BASF SE (Germany), Total Corbion PLA (Netherlands), Mitsubishi Chemical Holdings Corporation (Japan), Biotech (Germany), Novamont S.P.A. (Italy), Biome Bioplastics (UK), Toray Industries (Japan), Bio-On (Italy), and Plantic Technologies (Australia) are the leading biodegradable polymer manufacturers for extrusion coating in Europe. These companies adopted expansion, new product development, joint venture, and merger & acquisition as their key growth strategies between 2013 and 2019 to earn a competitive advantage in the biodegradable polymers market for extrusion coating.

Sample Pages:

NatureWorks LLC (US) is one of the leading players in the biodegradable polymers market for extrusion coating. The company has been focusing on organic strategies, such as expansion and new product development, to maintain its leading position in the market. For example, in October 2016, the company, in collaboration with Natur-Tec, a business unit of Northern Technologies International Corporation (US), jointly developed a technology platform to lower the cost of compostable service ware from Ingeo Biopolymer while increasing its performance. In April 2015, the company launched new ABS replacement formulation for high-performance extrusion formulation and added to the Ingeo polymer platform. This Ingeo formulation will help to maintain excellent impact performance and high stiffness opportunities for down gauging and materials savings.

BASF SE (Germany) is another major player in the biodegradable polymers market for extrusion coating. In March 2014, BASF SE and Corbion Purac (Netherlands) formed a joint venture Succinity GmbH in Montmelo, Spain. The facility was set up for commercialization and production of bio-based succinic acid for global market with an annual capacity of 10,000 metric tons. This expansion will support BASF SE’s future growth path in the country and improve the availability of biodegradable polymers for extrusion coating in the European region.

Get 10% FREE Customization @

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Sanjay Gupta
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s