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Global Biodegradable Polymer Market size estimated to hit $5.18 billion by 2020
Market Research Store published a latest report titled, "Biodegradable Polymer Market - Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020" to it's database.

Biodegradable Polymer ..., 5/19/2017 - Zion Market Research has published a new report titled“Biodegradable Polymer (Polymers with Carbon Backbones, Polymers with Hydrolyzable Backbones and Natural Polymers) MarketFor Packaging, Agricultural, Medical and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”. According to the report, global demand for biodegradable polymer market was valued at around USD 1.68 billion in 2014 and is expected to reach approximately USD 5.18 billion in 2020, growing at a CAGR of slightly above 21.0% between 2015 and 2020.

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The biodegradable polymer market is segmented on the basis of type, application, and region. Polymers with hydrolyzable backbone, polymers with a carbon backbone and natural polymers are the types of biodegradable polymers. Polymers with a hydrolyzable backbone are classified as polyglycolic acid (PGA), polycaprolactone (PCL), polyamides, polyurethanes, others in which polyglycolic acid (PGA) is the widely used followed by polyamides and polyurethane. Polyvinyl alcohol (PVA) is one kind of polymers with a carbon backbone, whereas amylopectin, starch, amylose, chitin and chitosan and others are types of natural polymers. Starch-based polymers are one of the leading segment due to easy availability, and extensive application in food packaging.

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Polymers are compounds with a long chain of monomers formed by chemical reactions. Polymers are composed of a large number of repeating units and high molar mass. Biodegradable polymers are the polymers which can be broken down into simple, reusable, natural products after their intended purpose. Biodegradable polymers are nontoxic, environment-friendly, capable of maintaining integrity until degraded and their degradation rate can be controlled.Degradation of biodegradable polymers is mainly done with the help of micro organism.Biodegradable polymers after breakdown give the natural byproduct such as carbon dioxide, biomass, and water.

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Some top profiles in biodegradable polymer markets are Cortec group, Mitsui Chemicals, BASF, BIOTEC GmbH& Co, Cereplast, Metabolix Inc. and FP International among others. These market players are focusing on improved production techniques of biodegradable polymers through R&D to expand their applications.

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