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 market has been substantially affected by the pandemic, and changes can be seen in the market dynamics and demand trends. Therefore, the report broadly assesses the comprehensive impact of the pandemic on the overall growth of the Biodegradable Films market, besides offering a future COVID-19 impact assessment. Furthermore, the report points out the effective business approaches undertaken by the market players to enhance their product portfolios and prosper considerably.

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 Key Players operating in the industry 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

Radical Features of the Biodegradable Films Market Report:

• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• The report encompasses Biodegradable Films market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Biodegradable Films industry

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Segmentation:

• 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 Covers:

• 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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