Market revenue in 2023 | USD 357.9 million |
Market revenue in 2030 | USD 1,120.5 million |
Growth rate | 17.7% (CAGR from 2023 to 2030) |
Largest segment | Starch based |
Fastest growing segment | Starch Based |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Starch Based, PLA, PBS, PBAT, PHA, Polycaprolactone |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biodegradable plastic market will help companies and investors design strategic landscapes.
Starch based was the largest segment with a revenue share of 42.55% in 2023. Horizon Databook has segmented the Italy biodegradable plastic market based on starch based, pla, pbs, pbat, pha, polycaprolactone covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Italy is supported by the growth of major end-use industries, such as packaging, construction, and consumer goods. Rising environmental impact concerns is likely to promote sustainability.
Improve the energy efficiency of buildings, thus fueling the consumption of biodegradable plastics across a broad range of construction applications. The adaptability and ability of biodegradable plastics to degrade sustainably serve as a feasible option.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy biodegradable plastic market , including forecasts for subscribers. This country databook contains high-level insights into Italy biodegradable plastic market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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