India Biodegradable polymer demand stood at 42.71 Thousand Tonnes in FY2021 and is forecast to reach 92.07 Thousand Tonnes by FY2030, growing at a healthy CAGR of 8.91% until FY2030. The packaging sector is continuously growing in India. This is projected to generate demand growth for Biodegradable Polymers as they have major applications in the packaging sector. Stronger government support for environment-friendly Biodegradable materials is also going to support demand rise during the forecast period. Demand growth from other sectors includes the growth in textile, agriculture, and pharmaceutical sector, all having application of Biodegradable Polymers. Upcoming new technologies like Biodegradable Polymer Composites and Biobased Hybrid Nanocomposites having applications in artificial joints, drug delivery systems, etc. are expected to support further demand rise. The cost of Biodegradable Polymers is higher as compared to conventional petroleum-based polymers and the mechanical properties of Biodegradable Polymers are lesser as compared to other petroleum-based polymers. This is expected to hamper demand growth slightly during the forecast period. COVID-19 pandemic had a severe impact on the market, in general, and disrupted the economy. Rising number of patients suffering from the infection and rapidly evolving virus created death scare for the whole population at large. The government imposed the lockdown to contain the spread of the virus that further resulted in disabling market growth. The manufacturing units were closed for a significant amount of time, and it disturbed the distribution channels. The government is slowly controlling the consequences, and steadily market is regaining its composure. With a steady CAGR in the upcoming forecast years, the market may grow and present as a potential investment for the new market player that supports the market growth in the future.
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Years Considered for Analysis:
Years Considered for this Report:
Historical Years: FY2015-FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 – 2030
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Deliverables:

  • Installed Capacity By Company-Installed capacity at a regional level along with the individual capacity of leading players
  • Installed Capacity By Location-Installed capacity at country level


? Installed Capacity By Process-Installed capacity by different processes

  • Installed Capacity By Technology-Installed capacity by different technologies being used to produce Biodegradable Polymers


? Production By Company-Actual production done by different companies

  • Operating Efficiency Company-Operating efficiency at which different companies are operating their plants
  • Demand By End Use-Demand/Sale of Biodegradable Polymers in different end-user industries across the region
  • Demand By Sales Channel-Demand/Sale of Biodegradable Polymers by different sales channels across the region
  • Demand By Region-Demand/Sale of Biodegradable Polymers in different regions of the country
  • Demand & Supply Gap-Demand & Supply Gap at country level
  • Market Share of Leading Players-Revenue shares of leading players in the region.
  • News & Deals Historical & Current News & Deals in Biodegradable Polymers market



To extract data for the India Biodegradable Polymers market, the ChemAnalyst team conducts primary research surveys with Biodegradable Polymers manufacturers, suppliers, distributors, wholesalers, and customers followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.