Global Degradable Materials Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Photodegradable and Biodegradable.

By End User;

Food Packaging, Pharmaceutical Packaging, Electronics Packaging and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn644724250 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Degradable Materials Market (USD Million), 2021 - 2031

In the year 2024, the Global Degradable Materials Market was valued at USD 98,157.47 million. The size of this market is expected to increase to USD 150,110.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.

The global degradable materials market has gained significant traction in recent years due to increasing environmental concerns and a growing shift toward sustainable practices. Degradable materials, which can break down naturally over time under environmental conditions, are being adopted across multiple industries as alternatives to traditional, non-degradable products. These materials are primarily used in packaging, agriculture, consumer goods, and construction, among others. As environmental regulations tighten and consumer preferences shift toward eco-friendly products, the demand for degradable materials has witnessed substantial growth, creating new opportunities for market players.

One of the key drivers of the degradable materials market is the rising awareness about plastic pollution and its detrimental effects on the environment. Conventional plastics, which take hundreds of years to decompose, have caused widespread ecological damage. In response, degradable plastics, such as biodegradable plastics and compostable materials, are being developed to offer an environmentally friendly alternative. These materials, often derived from renewable resources like plant starches, vegetable oils, and natural fibers, are designed to break down more quickly and safely in landfills or marine environments, thus reducing their environmental footprint.

The market for degradable materials is also fueled by increased government regulations and incentives aimed at reducing single-use plastic waste. Many countries have introduced bans or restrictions on plastic bags, packaging, and other non-degradable materials, encouraging industries to invest in more sustainable alternatives. Additionally, innovations in material science have led to the development of new degradable materials that meet the durability and functionality standards of traditional materials. This has further enhanced the market’s appeal, especially in packaging, where the need for strong yet eco-friendly materials is critical.

Furthermore, the growing demand for sustainable products across various industries, including food packaging, agriculture, and construction, has driven the development and adoption of degradable materials. In agriculture, for example, degradable plastics are being used for mulch films, plant pots, and greenhouse covers, which help to reduce waste and improve soil health. The construction industry is also increasingly using degradable materials in the form of insulation and other biodegradable components. As global sustainability efforts intensify, the degradable materials market is expected to expand rapidly, offering significant growth opportunities for manufacturers, innovators, and consumers alike.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Degradable Materials Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Awareness and Sustainability
        2. Government Regulations and Bans
        3. Technological Advancements in Material Science
      2. Restraints
        1. Higher Cost of Production
        2. Limited Awareness and Infrastructure
        3. Performance and Durability Concerns
      3. Opportunities
        1. Growth in Sustainable Packaging
        2. Expansion in Agriculture
        3. Rising Investment in Research and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Degradable Materials Market, By Type, 2021 - 2031 (USD Million)
      1. Photodegradable
      2. Biodegradable
    2. Global Degradable Materials Market, By End User, 2021 - 2031 (USD Million)
      1. Food Packaging
      2. Pharmaceutical Packaging
      3. Electronics Packaging
      4. Other
    3. Global Degradable Materials Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Metabolix Inc.
      2. Basf Se
      3. Corbion Nv (Purac)
      4. Natureworks Llc
      5. Biome Technologies Plc
      6. Mitsubishi Chemical Corp.
      7. Plantic Technologies Limited
      8. Bio-On Srl
  7. Analyst Views
  8. Future Outlook of the Market