Oxo-biodegradable Plastic Packaging Market By Packaging Type (Food Bags, Garbage bags, Bags & Sacks, Shopping Bags and Bin Liners), By Material Type (Polyvinylchloride (PVC), Polyethylene(PE), Polyethylene Terephthalate(PET), Polystyrene(PS), Polypropylene(PP) and Metal Salts) and By Sales Channel (Household & Personal Care, Pharmaceutical & Healthcare, Industrial, food and beverages) - Global Industry Analysis and Forecast To 2025
Oxo-biodegradable plastic is made by combining a degradable preservative into the plastic during the exile process. The degradable preservative makes the sub-atomic structure of plastic separate when presented to hotness or daylight. Most countries promoting the selection of Oxo-biodegradable plastic as a superior alternative to regular plastic packaging. In a area filled oxo-biodegradable plastic will break down quickly if oxygen is available to boost the process. However, various other types of break down plastic, oxo-biodegradable plastic will not emit CH4 as it break down. With the less cost, safe for food, easy availability, etc presented huge success opportunities for oxo-biodegradable plastic packaging market.
The Oxo-biodegradable plastic Market is segmented by Packaging Type into Food Bags, Garbage bags, Bags & Sacks, Shopping Bags and Bin Liners; By Material Type Polyvinylchloride (PVC), Polyethylene(PE), Polyethylene Terephthalate(PET), Polystyrene(PS), Polypropylene(PP) and Metal Salts; by Sales Channel Household & Personal Care, Pharmaceutical & Healthcare, Industrial, Food & Beverages.
On a global front, Oxo-biodegradable plastic Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, South Africa, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA). North America is foreseen to represent a big market share owing to increased construction projects and strong defense and aviation sector. The market in Asia Pacific is anticipated to encounter higher CAGR owing to increased manufacturing and construction activities in this region.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The leading players in the market are UNIBAG MAGHREB, EPI Environmental Technologies Inc, Wells Plastics Ltd. , Willow Ridge Plastics Inc. , Newtrans USA Company, and Purdue Symphony Polymers Pvt. Ltd. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
EPI Environmental Technologies Inc.
Wells Plastics Ltd.
Willow Ridge Plastics Inc.
Elif Plastic Ambalaj Sanayi Ve Ticaret Anonim Sirketi
Symphony Polymers Pvt. Ltd.
Newtrans USA Company
Licton Industrial Corp.
Symphony Environmental Technologies PLC
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?