The global market value of biodegradable plastics in 2023 was nearly six billion U.S. dollars. It is forecast that the market value of biodegradable plastics worldwide will grow by more than threefold by 2032, to over 18 billion U.S. dollars.
Biodegradable plastics are a subset of bioplastics that are biodegradable.
Market value of biodegradable plastics worldwide in 2022 and 2023, with a forecast for 2032
(in billion U.S. dollars)
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Renub Research. (November 25, 2024). Market value of biodegradable plastics worldwide in 2022 and 2023, with a forecast for 2032 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/979050/global-market-value-of-biodegradable-plastics/
Renub Research. "Market value of biodegradable plastics worldwide in 2022 and 2023, with a forecast for 2032 (in billion U.S. dollars)." Chart. November 25, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/979050/global-market-value-of-biodegradable-plastics/
Renub Research. (2024). Market value of biodegradable plastics worldwide in 2022 and 2023, with a forecast for 2032 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/979050/global-market-value-of-biodegradable-plastics/
Renub Research. "Market Value of Biodegradable Plastics Worldwide in 2022 and 2023, with a Forecast for 2032 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Nov 2024, https://www.statista.com/statistics/979050/global-market-value-of-biodegradable-plastics/
Renub Research, Market value of biodegradable plastics worldwide in 2022 and 2023, with a forecast for 2032 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/979050/global-market-value-of-biodegradable-plastics/ (last visited December 04, 2024)
Market value of biodegradable plastics worldwide in 2022 and 2023, with a forecast for 2032 (in billion U.S. dollars) [Graph], Renub Research, November 25, 2024. [Online]. Available: https://www.statista.com/statistics/979050/global-market-value-of-biodegradable-plastics/