Table of Content

"1    INTRODUCTION    27
1.1    OBJECTIVES OF THE STUDY    27
1.2    MARKET DEFINITION    27
1.3    MARKET SCOPE    28
FIGURE 1    BIODEGRADABLE FILMS MARKET SEGMENTATION    28
FIGURE 2    GEOGRAPHIC SCOPE    28
1.4    INCLUSIONS & EXCLUSIONS    29
1.4.1    BIODEGRADABLE FILMS MARKET, BY REGION: INCLUSIONS & EXCLUSIONS    29
1.4.2    YEARS CONSIDERED FOR THE STUDY    29
1.5    CURRENCY CONSIDERED    29
1.6    STAKEHOLDERS    30
1.7    SUMMARY OF CHANGES    30
2    RESEARCH METHODOLOGY    31
2.1    RESEARCH DATA    31
FIGURE 3    BIODEGRADABLE FILMS MARKET: RESEARCH DESIGN    31
2.1.1    SECONDARY DATA    32
2.1.1.1    Key data from secondary sources    32
2.1.2    PRIMARY DATA    32
2.1.2.1    Key data from primary sources    33
2.1.2.2    Breakdown of primary interviews    33
FIGURE 4    BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION    33
2.2    MARKET SIZE ESTIMATION    34
2.2.1    APPROACH ONE (BASED ON THE GLOBAL MARKET)    34
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    34
2.2.2    APPROACH TWO (BASED ON TYPE, BY REGION)    35
FIGURE 6    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    35
2.3    MARKET BREAKDOWN AND DATA TRIANGULATION    36
FIGURE 7    MARKET BREAKDOWN AND DATA TRIANGULATION    36
2.4    RESEARCH ASSUMPTIONS & LIMITATIONS    37
2.4.1    ASSUMPTIONS    37
2.4.2    LIMITATIONS    37
3    EXECUTIVE SUMMARY    38
FIGURE 8    PLA SEGMENT TO LEAD BIODEGRADABLE FILMS MARKET    38
FIGURE 9    FOOD PACKAGING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    39
FIGURE 10    EUROPE TO BE LARGEST MARKET FOR BIODEGRADABLE FILMS DURING FORECAST PERIOD    39
FIGURE 11    EUROPE ACCOUNTED FOR LARGEST SHARE OF BIODEGRADABLE
FILMS MARKET IN 2020    40
4    PREMIUM INSIGHTS    41
4.1    SIGNIFICANT OPPORTUNITIES IN BIODEGRADABLE FILMS MARKET    41
FIGURE 12    BIODEGRADABLE FILMS MARKET TO WITNESS MODERATE GROWTH BETWEEN 2021 AND 2026    41
4.2    BIODEGRADABLE FILMS MARKET, BY REGION    41
FIGURE 13    BIODEGRADABLE FILMS MARKET IN ASIA PACIFIC TO GROW AT HIGHEST RATE DURING FORECAST PERIOD    41
4.3    EUROPE BIODEGRADABLE FILMS MARKET, BY COUNTRY AND APPLICATION    42
FIGURE 14    FOOD PACKAGING SEGMENT TO DOMINATE EUROPE BIODEGRADABLE FILMS MARKET IN 2020 BY VOLUME    42
4.4    BIODEGRADABLE FILMS MARKET, BY TYPE    42
FIGURE 15    PLA SEGMENT TO LEAD BIODEGRADABLE FILMS MARKET BETWEEN 2021 AND 2026    42
5    MARKET OVERVIEW    43
5.1    INTRODUCTION    43
5.2    MARKET DYNAMICS    43
FIGURE 16    MARKET DYNAMICS: BIODEGRADABLE FILMS MARKET    43
5.2.1    DRIVERS    44
5.2.1.1    High demand from food packaging industry    44
5.2.1.2    Shift in consumer preference toward eco-friendly plastic products    44
TABLE 1    ADVERSE HEALTH EFFECTS DUE TO USE OF CONVENTIONAL PLASTICS    44
5.2.1.3    Focus of governments on green procurement policies    45
5.2.2    RESTRAINTS    45
5.2.2.1    Higher cost of biodegradable films than that of conventional plastic films    45
5.2.3    OPPORTUNITIES    45
5.2.3.1    Steadily growing global bioplastic industry    45
5.2.3.2    Growing demand for biodegradable films in composting applications    46
5.2.4    CHALLENGES    46
5.2.4.1    Performance issues related to biodegradable films    46
5.2.4.2    Adverse impact of COVID-19    46
5.3    PORTER’S FIVE FORCES ANALYSIS    46
FIGURE 17    BIODEGRADABLE FILMS MARKET: PORTER’S FIVE FORCES ANALYSIS    47
5.3.1    BARGAINING POWER OF SUPPLIERS    47
5.3.2    BARGAINING POWER OF BUYERS    47
5.3.3    THREAT OF NEW ENTRANTS    48
5.3.4    THREAT OF SUBSTITUTES    48
5.3.5    INTENSITY OF COMPETITIVE RIVALRY    48
5.4    ADJACENT AND INTERCONNECTED MARKETS    48
TABLE 2    ADJACENT AND NTERCONNECTED MARKETS (USD MILLION)    48
6    IMPACT OF COVID-19 ON BIODEGRADABLE FILMS MARKET    49
6.1    INTRODUCTION    49
6.1.1    IMPACT OF COVID-19 ON LIVES AND LIVELIHOOD    49
6.2    IMPACT OF COVID-19: CUSTOMER ANALYSIS    49
6.2.1    IMPACT ON END-USE INDUSTRIES    49
6.2.1.1    Food packaging    49
6.2.1.2    Consumer & personal care goods packaging    50
6.2.1.3    Industrial packaging    50
6.2.1.4    Agriculture & horticulture    50
7    BIODEGRADABLE FILMS MARKET, BY TYPE    51
7.1    INTRODUCTION    52
FIGURE 18    BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2021 & 2026 (USD MILLION)    52
TABLE 3    BIODEGRADABLE FILMS MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)    52
TABLE 4    BIODEGRADABLE FILMS MARKET SIZE, BY TYPE, 2018–2026 (KILOTON)    53
7.2    PLA    53
7.2.1    INCREASING DEMAND FOR PLA IN FOOD PACKAGING APPLICATIONS DRIVE THE GROWTH OF THIS SEGMENT    53
TABLE 5    BIODEGRADABLE PLA FILMS MARKET SIZE, BY REGION,
2018–2026 (USD MILLION)    53
TABLE 6    BIODEGRADABLE PLA FILMS MARKET SIZE, BY REGION,
2018–2026 (KILOTON)    54
7.3    STARCH BLENDS    54
7.3.1    GROWING DEMAND FOR STARCH AS AN EFFECTIVE ALTERNATIVE TO PETROLEUM DERIVED PLASTICS DRIVE THIS SEGMENT    54
TABLE 7    BIODEGRADABLE STARCH BLENDS MARKET SIZE, BY REGION,
2018–2026 (USD MILLION)    54
TABLE 8    BIODEGRADABLE STARCH BLENDS MARKET SIZE, BY REGION,
2018–2026 (KILOTON)    55
7.4    BIODEGRADABLE POLYESTER    55
7.4.1    PCL    55
7.4.1.1    Demand for PCL to grow in biomedical applications    55
7.4.2    PBAT    55
7.4.2.1    Flexibility and resilience of PBAT ideal for blending with other biodegradable polymers    55
7.4.3    PBS    56
7.4.3.1    Cost-effective production of PBS to drive its demand during forecast period    56
TABLE 9    BIODEGRADABLE POLYESTER FILMS MARKET SIZE, BY REGION,
2018–2026 (USD MILLION)    56
TABLE 10    BIODEGRADABLE POLYESTER FILMS MARKET SIZE, BY REGION,
2018–2026 (KILOTON)    56

7.5    PHA    57
7.5.1    LIQUID PACKAGING OF HIGH-QUALITY MATERIALS TO INFLUENCE MARKET GROWTH    57
TABLE 11    BIODEGRADABLE PHA FILMS MARKET SIZE, BY REGION,
2018–2026 (USD MILLION)    57
TABLE 12    BIODEGRADABLE PHA FILMS MARKET SIZE, BY REGION,
2018–2026 (KILOTON)    57
7.6    OTHERS    58
TABLE 13    OTHER BIODEGRADABLE FILMS MARKET SIZE, BY REGION,
2018–2026 (USD MILLION)    58
TABLE 14    OTHER BIODEGRADABLE FILMS MARKET SIZE, BY REGION,
2018–2026 (KILOTON)    58
8    BIODEGRADABLE FILMS MARKET, BY APPLICATION    59
8.1    INTRODUCTION    60
FIGURE 19    BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2021 & 2026 (USD MILLION)    60
TABLE 15    BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    60
TABLE 16    BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    61
8.2    FOOD PACKAGING    61
8.2.1    LARGEST SEGMENT OF BIODEGRADABLE FILMS MARKET    61
TABLE 17    BIODEGRADABLE FILMS MARKET IN FOOD PACKAGING, BY REGION,
 2018–2026 (USD MILLION)    61
TABLE 18    BIODEGRADABLE FILMS MARKET IN FOOD PACKAGING, BY REGION,
2018–2026 (KILOTON)    62
8.3    AGRICULTURE & HORTICULTURE    62
8.3.1    BIODEGRADABLE FILMS REQUIRED TO MANUFACTURE MULCHES, SEEDING STRIPS, AND TAPES    62
TABLE 19    BIODEGRADABLE FILMS MARKET IN AGRICULTURE & HORTICULTURE,
BY REGION, 2018–2026 (USD MILLION)    62
TABLE 20    BIODEGRADABLE FILMS MARKET IN AGRICULTURE & HORTICULTURE,
BY REGION, 2018–2026 (KILOTON)    63
8.4    COSMETICS & PERSONAL CARE PRODUCTS PACKAGING    63
8.4.1    LOW RECYCLING RATE IN COSMETIC PACKAGING INDUSTRY
FUELING DEMAND    63
TABLE 21    BIODEGRADABLE FILMS MARKET IN COSMETICS & PERSONAL CARE PRODUCTS PACKAGING, BY REGION, 2018–2026 (USD MILLION)    63
TABLE 22    BIODEGRADABLE FILMS MARKET IN COSMETICS & PERSONAL CARE PRODUCTS PACKAGING, BY REGION, 2018–2026 (KILOTON)    64
8.5    INDUSTRIAL PACKAGING    64
8.5.1    RISING CONCERNS OF GLOBAL WARMING AND PLASTIC
WASTE TO INCREASE ADOPTION OF BIODEGRADABLE FILMS    64
TABLE 23    BIODEGRADABLE FILMS MARKET IN INDUSTRIAL PACKAGING,
BY REGION, 2018–2026 (USD MILLION)    64
TABLE 24    BIODEGRADABLE FILMS MARKET IN INDUSTRIAL PACKAGING,
BY REGION, 2018–2026 (KILOTON)    65
8.6    OTHERS    65
TABLE 25    BIODEGRADABLE FILMS MARKET IN OTHER APPLICATIONS, BY REGION, 2018–2026 (USD MILLION)    65
TABLE 26    BIODEGRADABLE FILMS MARKET IN OTHER APPLICATIONS, BY REGION, 2018–2026 (KILOTON)    66
9    BIODEGRADABLE FILMS MARKET, BY REGION    67
9.1    INTRODUCTION    68
FIGURE 20    EUROPE TO REMAIN LARGEST MARKET    68
TABLE 27    BIODEGRADABLE FILMS MARKET SIZE, BY REGION,
2018–2026 (USD MILLION)    68
TABLE 28    BIODEGRADABLE FILMS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)    69
9.2    EUROPE    69
FIGURE 21    EUROPE: BIODEGRADABLE FILMS MARKET SNAPSHOT    70
TABLE 29    EUROPE: BIODEGRADABLE FILMS MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION)    71
TABLE 30    EUROPE: BIODEGRADABLE FILMS MARKET SIZE, BY COUNTRY,
2018–2026 (KILOTON)    71
TABLE 31    EUROPE: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    71
TABLE 32    EUROPE: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    72
TABLE 33    EUROPE: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    72
TABLE 34    EUROPE: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    72
9.2.1    GERMANY    73
9.2.1.1    Various government regulations for reducing plastic packaging waste to boost biodegradable films market    73
TABLE 35    GERMANY: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    73
TABLE 36    GERMANY: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2025 (KILOTON)    74
TABLE 37    GERMANY: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION)    74
TABLE 38    GERMANY: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2025 (KILOTON)    74
9.2.2    ITALY    75
9.2.2.1    Increasing use of biodegradable films in agriculture industry    75
TABLE 39    ITALY: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    75
TABLE 40    ITALY: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    75
TABLE 41    ITALY: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    76
TABLE 42    ITALY: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    76
9.2.3    SPAIN    76
9.2.3.1    Increasing investments related to bio-based plastics to enhance market    76
TABLE 43    SPAIN: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    77
TABLE 44    SPAIN: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    77
TABLE 45    SPAIN: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    77
TABLE 46    SPAIN: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    78
9.2.4    UK    78
9.2.4.1    Growing food & beverage packaging industry boosting market    78
TABLE 47    UK: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    78
TABLE 48    UK: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    79
TABLE 49    UK: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    79
TABLE 50    UK: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE, 2018–2026 (KILOTON)    79
9.2.5    FRANCE    80
9.2.5.1    Cosmetic & personal care products packaging    80
TABLE 51    FRANCE: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    80
TABLE 52    FRANCE: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    80
TABLE 53    FRANCE: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    81
TABLE 54    FRANCE: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    81
9.2.6    RUSSIA    81
9.2.6.1    Estimated to be fastest-growing biodegradable films market in Europe during forecast period    81
TABLE 55    RUSSIA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    82
TABLE 56    RUSSIA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    82
TABLE 57    RUSSIA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    82
TABLE 58    RUSSIA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    83
9.2.7    REST OF EUROPE    83
TABLE 59    REST OF EUROPE: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)    83
TABLE 60    REST OF EUROPE: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)    84
TABLE 61    REST OF EUROPE: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    84
TABLE 62    REST OF EUROPE: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    84
9.3    NORTH AMERICA    85
FIGURE 22    NORTH AMERICA: BIODEGRADABLE FILMS MARKET SNAPSHOT    85
TABLE 63    NORTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)    86
TABLE 64    NORTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY COUNTRY, 2018–2026 (KILOTON)    86
TABLE 65    NORTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)    86
TABLE 66    NORTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)    87
TABLE 67    NORTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    87
TABLE 68    NORTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    87
9.3.1    US    88
9.3.1.1    Accounted for largest share of North American biodegradable films market in 2020    88
TABLE 69    US: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    88
TABLE 70    US: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    88
TABLE 71    US: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    89
TABLE 72    US: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    89
9.3.2    CANADA    89
9.3.2.1    PLA type segment led Canada biodegradable films market in 2020    89
TABLE 73    CANADA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    90
TABLE 74    CANADA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    90
TABLE 75    CANADA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
 2018–2026 (USD MILLION)    90
TABLE 76    CANADA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    91
9.3.3    MEXICO    91
9.3.3.1    Growing environmental concerns fueling demand for sustainable alternatives    91
TABLE 77    MEXICO: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    91
TABLE 78    MEXICO: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
 2018–2026 (KILOTON)    92
TABLE 79    MEXICO: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    92
TABLE 80    MEXICO: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    92
9.4    ASIA PACIFIC    93
FIGURE 23    ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SNAPSHOT    94
TABLE 81    ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION)    95
TABLE 82    ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SIZE, BY COUNTRY,
2018–2026 (KILOTON)    95
TABLE 83    ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)    95
TABLE 84    ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)    96
TABLE 85    ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    96
TABLE 86    ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    96
9.4.1    CHINA    97
9.4.1.1    China to be largest and fastest-growing market for biodegradable films in Asia Pacific    97
TABLE 87    CHINA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    97
TABLE 88    CHINA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    97
TABLE 89    CHINA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    98
TABLE 90    CHINA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    98
9.4.2    JAPAN    98
9.4.2.1    Rising pollution caused by plastics to fuel demand for
biodegradable films    98
TABLE 91    JAPAN: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    99
TABLE 92    JAPAN: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    99
TABLE 93    JAPAN: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    99
TABLE 94    JAPAN BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
 2018–2026 (KILOTON)    100
9.4.3    INDIA    100
9.4.3.1    Extensive use of biodegradable mulch films in agriculture industry    100
TABLE 95    INDIA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    100
TABLE 96    INDIA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    101
TABLE 97    INDIA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
 2018–2026 (USD MILLION)    101
TABLE 98    INDIA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    101
9.4.4    SOUTH KOREA    102
9.4.4.1    Use of biodegradable plastics gaining momentum with increasing environmental concerns    102
TABLE 99    SOUTH KOREA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)    102
TABLE 100    SOUTH KOREA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)    102
TABLE 101    SOUTH KOREA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    103
TABLE 102    SOUTH KOREA BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    103
9.4.5    MALAYSIA    103
9.4.5.1    High demand from food packaging industry to propel market growth    103
TABLE 103    MALAYSIA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    104
TABLE 104    MALAYSIA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    104
TABLE 105    MALAYSIA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    104
TABLE 106    MALAYSIA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    105
9.4.6    SINGAPORE    105
9.4.6.1    Increased demand in food packaging industry to drive demand for biodegradable films    105
TABLE 107    SINGAPORE: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)    105
TABLE 108    SINGAPORE: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)    106
TABLE 109    SINGAPORE: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    106
TABLE 110    SINGAPORE: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    106
9.4.7    REST OF ASIA PACIFIC    107
TABLE 111    REST OF ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SIZE,
BY APPLICATION, 2018–2026 (USD MILLION)    107
TABLE 112    REST OF ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SIZE,
BY APPLICATION, 2018–2026 (KILOTON)    107
TABLE 113    REST OF ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)    108
TABLE 114    REST OF ASIA PACIFIC: BIODEGRADABLE FILMS MARKET SIZE,
 BY TYPE, 2018–2026 (KILOTON)    108
9.5    MIDDLE EAST & AFRICA    109
TABLE 115    MIDDLE EAST & AFRICA: BIODEGRADABLE FILMS MARKET SIZE,
BY COUNTRY, 2018–2026 (USD MILLION)    109
TABLE 116    MIDDLE EAST & AFRICA: BIODEGRADABLE FILMS MARKET SIZE,
BY COUNTRY, 2018–2026 (KILOTON)    109
TABLE 117    MIDDLE EAST & AFRICA: BIODEGRADABLE FILMS MARKET SIZE,
BY APPLICATION, 2018–2026 (USD MILLION)    110
TABLE 118    MIDDLE EAST & AFRICA: BIODEGRADABLE FILMS MARKET SIZE,
BY APPLICATION, 2018–2026 (KILOTON)    110
TABLE 119    MIDDLE EAST & AFRICA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)    110
TABLE 120    MIDDLE EAST & AFRICA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE, 2018–2026 (KILOTON)    111
9.5.1    SAUDI ARABIA    111
9.5.1.1    Oxo-biodegradable regulation to drive biodegradable films market    111
TABLE 121    SAUDI ARABIA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)    111
TABLE 122    SAUDI ARABIA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)    112
TABLE 123    SAUDI ARABIA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    112
TABLE 124    SAUDI ARABIA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    112
9.5.2    UAE    113
9.5.2.1    Focus on reducing plastic waste fueling demand for biodegradable films in packaging industry    113
TABLE 125    UAE: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    113
TABLE 126    UAE: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    113
TABLE 127    UAE: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    114
TABLE 128    UAE: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE, 2018–2026 (KILOTON)    114
9.5.3    SOUTH AFRICA    114
9.5.3.1    Increased packaging applications to drive biodegradable films market    114
TABLE 129    SOUTH AFRICA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)    115
TABLE 130    SOUTH AFRICA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)    115
TABLE 131    SOUTH AFRICA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    115
TABLE 132    SOUTH AFRICA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    116
9.5.4    REST OF MIDDLE EAST & AFRICA    116
TABLE 133    REST OF MIDDLE EAST & AFRICA: BIODEGRADABLE FILMS MARKET SIZE,
BY APPLICATION, 2018–2026 (USD MILLION)    116
TABLE 134    REST OF MIDDLE EAST & AFRICA: BIODEGRADABLE FILMS MARKET SIZE,
BY APPLICATION, 2018–2026 (KILOTON)    117
TABLE 135    REST OF MIDDLE EAST & AFRICA: BIODEGRADABLE FILMS MARKET SIZE,
BY TYPE, 2018–2026 (USD MILLION)    117
TABLE 136    REST OF MIDDLE EAST & AFRICA: BIODEGRADABLE FILMS MARKET SIZE,
BY TYPE, 2018–2026 (KILOTON)    117

9.6    SOUTH AMERICA    118
TABLE 137    SOUTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)    118
TABLE 138    SOUTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY COUNTRY, 2018–2026 (KILOTON)    118
TABLE 139    SOUTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)    118
TABLE 140    SOUTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION, 2018–2026 (KILOTON)    119
TABLE 141    SOUTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    119
TABLE 142    SOUTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    119
9.6.1    BRAZIL    120
9.6.1.1    Abundant raw material resources to support market growth    120
TABLE 143    BRAZIL: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (USD MILLION)    120
TABLE 144    BRAZIL: BIODEGRADABLE FILMS MARKET SIZE, BY APPLICATION,
2018–2026 (KILOTON)    120
TABLE 145    BRAZIL: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION)    121
TABLE 146    BRAZIL: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE,
2018–2026 (KILOTON)    121
9.6.2    REST OF SOUTH AMERICA    121
TABLE 147    REST OF SOUTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE,
BY APPLICATION, 2018–2026 (USD MILLION)    122
TABLE 148    REST OF SOUTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE,
BY APPLICATION, 2018–2026 (KILOTON)    122
TABLE 149    REST OF SOUTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)    122
TABLE 150    REST OF SOUTH AMERICA: BIODEGRADABLE FILMS MARKET SIZE, BY TYPE, 2018–2026 (KILOTON)    123
10    COMPETITIVE LANDSCAPE    124
10.1    OVERVIEW    124
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
10.2    WINNERS VS. TAIL-ENDERS    124
10.2.1    WINNERS    124
10.2.2    TAIL-ENDERS    124
FIGURE 24    COMPANIES ADOPTED BOTH ORGANIC AND INORGANIC GROWTH STRATEGIES BETWEEN 2018 AND 2020    125
10.3    COMPETITIVE LANDSCAPE MAPPING, 2020    126
10.3.1    VISIONARY LEADERS    126
10.3.2    INNOVATORS    126
10.3.3    DYNAMIC DIFFERENTIATORS    126
10.3.4    EMERGING COMPANIES    126
FIGURE 25    BIODEGRADABLE FILMS MARKET: COMPETITIVE LANDSCAPE MAPPING, 2020    127
10.4    COMPETITIVE BENCHMARKING    128
10.4.1    STRENGTH OF PRODUCT PORTFOLIO    128
FIGURE 26    PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN BIODEGRADABLE FILMS MARKET    128
10.4.2    BUSINESS STRATEGY EXCELLENCE    129
FIGURE 27    BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN BIODEGRADABLE FILMS MARKET    129
10.5    MARKET RANKING OF KEY PLAYERS    130
FIGURE 28    TOP 6 PLAYERS OF BIODEGRADABLE FILMS MARKET, 2020    130
10.6    COMPETITIVE SCENARIO    131
10.6.1    PRODUCT LAUNCHES    131
TABLE 151    BIODEGRADABLE FILMS MARKET: PRODUCT LAUNCHES, 2018-2021    131
10.6.2    DEALS    133
TABLE 152    BIODEGRADABLE FILMS MARKET: DEALS, 2018-2021    133
10.6.3    OTHER DEVELOPMENTS    136
TABLE 153    BIODEGRADABLE FILMS MARKET: OTHER DEVELOPMENTS, 2018-2021    136
11    COMPANY PROFILES    138
11.1    KEY COMPANIES    138
11.1.1    BASF SE    138
TABLE 154    BASF SE: COMPANY OVERVIEW    138
FIGURE 29    BASF SE: COMPANY SNAPSHOT    139
TABLE 155    BASF SE: PRODUCT OFFERINGS    140
TABLE 156    BASF SE: PRODUCT LAUNCHES    140
TABLE 157    BASF SE: DEAL    141
11.1.2    PLASCON GROUP    143
TABLE 158    PLASCON GROUP: COMPANY OVERVIEW    143
TABLE 159    PLASCON GROUP: PRODUCT OFFERINGS    143
TABLE 160    PLASCON GROUP: DEAL    144
11.1.3    WALKI GROUP OY    145
TABLE 161    WALKI GROUP OY: COMPANY OVERVIEW    145
TABLE 162    WALKI GROUP OY: PRODUCT OFFERINGS    145
TABLE 163    WALKI GROUP OY: DEALS    146
11.1.4    FUTAMURA GROUP    148
TABLE 164    FUTAMURA GROUP: COMPANY OVERVIEW    148
TABLE 165    FUTAMURA GROUP: PRODUCT OFFERINGS    148
TABLE 166    FUTAMURA GROUP: PRODUCT LAUNCHES    149
TABLE 167    FUTAMURA GROUP: DEALS    149
TABLE 168    FUTAMURA GROUP: OTHERS    150
11.1.5    CORTEC CORPORATION    151
TABLE 169    CORTEC CORPORATION: COMPANY OVERVIEW    151
TABLE 170    CORTEC CORPORATION: PRODUCT OFFERINGS    151
TABLE 171    CORTEC CORPORATION: PRODUCT LAUNCHES    152
TABLE 172    CORTEC CORPORATION: OTHERS    153
11.1.6    BI-AX INTERNATIONAL INC.    154
TABLE 173    BI-AX INTERNATIONAL INC.: COMPANY OVERVIEW    154
TABLE 174    BI-AX INTERNATIONAL INC.: PRODUCT OFFERINGS    154
11.1.7    BIOBAG AMERICAS, INC.    155
TABLE 175    BIOBAG AMERICAS, INC.: COMPANY OVERVIEW    155
TABLE 176    BIOBAG AMERICAS, INC.: PRODUCT OFFERINGS    155
11.1.8    TAGHLEEF INDUSTRIES    156
TABLE 177    TAGHLEEF INDUSTRIES: COMPANY OVERVIEW    156
TABLE 178    TAGHLEEF INDUSTRIES: PRODUCT OFFERINGS    156
TABLE 179    TAGHLEEF INDUSTRIES: PRODUCT LAUNCHES    157
TABLE 180    TAGHLEEF INDUSTRIES: DEALS    158
TABLE 181    TAGHLEEF INDUSTRIES: OTHERS    158
11.1.9    CLONDALKIN GROUP    159
TABLE 182    CLONDALKIN GROUP: COMPANY OVERVIEW    159
TABLE 183    CLONDALKIN GROUP: PRODUCT OFFERINGS    159
11.2    OTHER PLAYERS    160
11.2.1    TIPA LTD    160
TABLE 184    TIPA LTD: COMPANY OVERVIEW    160
11.2.2    POLYPAK S.R.O.    161
TABLE 185    POLYPAK S.R.O.: COMPANY OVERVIEW    161
11.2.3    PLASTIKA KRITIS S.A.    161
TABLE 186    PLASTIKA KRITIS S.A.: COMPANY OVERVIEW    161
11.2.4    TRIOWORLD INDUSTRIER AB    162
TABLE 187    TRIOWORLD INDUSTRIER AB: COMPANY OVERVIEW    162
11.2.5    GROUPE BARBIER    163
TABLE 188    GROUPE BARBIER: COMPANY OVERVIEW    163
11.2.6    KINGFA SCI. & TECH. CO., LTD.    164
TABLE 189    KINGFA SCI. & TECH. CO., LTD.: COMPANY OVERVIEW    164
11.2.7    LAYFIELD GROUP. LTD.    165
TABLE 190    LAYFIELD GROUP. LTD.: COMPANY OVERVIEW    165
11.2.8    POLYSTAR PLASTICS LTD.    165
TABLE 191    POLYSTAR PLASTICS LTD.: COMPANY OVERVIEW    165
11.2.9    AVERY DENNISON CORPORATION    166
TABLE 192    AVERY DENNISON CORPORATION: COMPANY OVERVIEW    166
11.2.10    PACO LABEL    166
TABLE 193    PACO LABEL: COMPANY OVERVIEW    166
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12    ADJACENT AND RELATED MARKETS    167
12.1    INTRODUCTION    167
12.2    LIMITATIONS    167
12.3    BIODEGRADABLE FILMS INTERCONNECTED MARKETS    167
12.4    BIODEGRADABLE PLASTICS MARKET    167
12.4.1    MARKET DEFINITION    167
12.4.2    MARKET OVERVIEW    167
12.4.3    BIODEGRADABLE PLASTICS MARKET, BY END USE    168
12.5    PACKAGING    168
12.6    CONSUMER GOODS    168
12.7    TEXTILE    168
12.8    AGRICULTURE & HORTICULTURE    168
12.9    OTHERS    168
TABLE 194    BIODEGRADABLE PLASTICS MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (KILOTON)    169
TABLE 195    BIODEGRADABLE PLASTICS MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (USD MILLION)    169
12.10    AGRICULTURE FILMS MARKET    169
12.10.1    MARKET DEFINITION    169
12.10.2    MARKET OVERVIEW    169
12.10.3    AGRICULTURAL FILMS MARKET, BY APPLICATION TYPE    170
12.11    GREENHOUSE FILMS    170
12.12    MULCH FILMS    170
12.13    SILAGE FILMS    170
TABLE 196    AGRICULTURAL FILMS MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION)    171
TABLE 197    AGRICULTURAL FILMS MARKET SIZE, BY APPLICATION,
 2020–2026 (KILOTON)    171
13    APPENDIX    172
13.1    DISCUSSION GUIDE    172
13.2    KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    175
13.3    AVAILABLE CUSTOMIZATIONS    177
13.4    RELATED REPORTS    177
13.5    AUTHOR DETAILS    178"