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China Degradable Resin Market Outlook and Forecast 2024-2030

China Degradable Resin Market Outlook and Forecast 2024-2030

  • Category:Chemicals and Materials
  • Published on : 16 October 2024
  • Pages :205
  • Formats:
  • Report Code:24MRES-8013132
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The China Degradable Resin market size was valued at US$ 2.87 billion in 2024 and is projected to reach US$ 5.22 billion by 2030, at a CAGR of 10.5% during the forecast period 2024-2030.

China Degradable Resin

Degradable Resins are polymers designed to break down into natural compounds under specific environmental conditions, offering a more sustainable alternative to traditional plastics for packaging, agriculture, and consumer goods applications.

China's Degradable Resin market is experiencing rapid growth, driven by increasing environmental awareness, government regulations, and shifting consumer preferences. In 2023, China produced approximately 1.5 million metric tons of degradable resins, with 80% consumed domestically and 20% exported. The packaging sector remains the largest consumer, accounting for 55% of demand, followed by agriculture at 25% and consumer goods at 15%.

The market saw a significant boost from China's plastic bag ban and restrictions on single-use plastics, leading to a 40% increase in demand for biodegradable shopping bags and food packaging in 2023. Technological advancements have focused on improving material properties and reducing production costs, with new formulations offering 25% better mechanical strength and 30% faster degradation rates compared to 2020 standards. The market is witnessing strong growth in PHA (Polyhydroxyalkanoates) resins, increasing at 18% annually, driven by their bio-based origin and marine biodegradability.

In 2023, new composting infrastructure investments led to a 30% increase in the adoption of industrially compostable resins for food service items. The industry faces challenges from higher costs compared to traditional plastics, but economies of scale and technological improvements are gradually narrowing this gap.

Emerging applications in 3D printing filaments are showing promise, with degradable resins for additive manufacturing growing at 25% CAGR, albeit from a small base of 3% market share. Looking ahead, the market is expected to benefit from China's

This report contains market size and forecasts of Degradable Resin in China, including the following market information:

  • China Degradable Resin Market Revenue, 2019-2024, 2024-2030, ($ millions)
  • China Degradable Resin Market Sales, 2019-2024, 2024-2030,
  • China Top five Degradable Resin companies in 2023 (%)

Report Includes

This report presents an overview of China market for Degradable Resin , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Degradable Resin sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Degradable Resin market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

  • PLA
  • PBS
  • PBTA
  • Others

Segment by Applications

  • Food
  • Medical
  • Others
Key Companies covered in this report:
  • Kingfa Sci. & Tech. Co., Ltd.
  • BASF (China) Co. Ltd.
  • Jiangsu Torise Biomaterials Co., Ltd.
  • Anhui Jumei Biological Technology Co., Ltd.
  • Ecomavi Srl
  • Zhejiang Hisun Biomaterials Co., Ltd.
  • Shanghai Disoxidation Enterprise Development Co., Ltd.
  • FKuR Kunststoff GmbH (China)
  • Wuhan Huali Environmental Technology Co., Ltd.
  • Biodegradable Material Institute, Zhejiang University
  • Including or excluding key companies relevant to your analysis.

Competitor Analysis

  • The report also provides analysis of leading market participants including:
  • Key companies Degradable Resin revenues in Chinan market, 2019-2024 (Estimated), ($ millions)
  • Key companies Degradable Resin revenues share in Chinan market, 2023 (%)
  • Key companies Degradable Resin sales in Chinan market, 2019-2024 (Estimated),
  • Key companies Degradable Resin sales share in Chinan market, 2023 (%)
Key Indicators Analysed
  • Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
  • Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
  • Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
  • Opportunities and Drivers: Identifying the Growing Demands and New Technology
  • Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Degradable Resin Market
  • Overview of the regional outlook of the Degradable Resin Market
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
We offer additional regional and global reports that are similar:
  • Global Degradable Resin Market 
  • United States Degradable Resin Market 
  • Japan Degradable Resin Market 
  • Germany Degradable Resin Market 
  • South Korea Degradable Resin Market 
  • Indonesia Degradable Resin Market 
  • Brazil Degradable Resin Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.

TABLE OF CONTENTS

1 STUDY COVERAGE


1.1 Degradable Resin Product Introduction


1.2 Market by Type


1.2.1 Chinan Degradable Resin Market Size Growth Rate by Type, 2019 VS 2023 VS 2030

1.2.2 PLA    

1.2.3 PBS

1.2.4 PBTA

1.2.5 Others

1.3 Market by Application


1.3.1 China Degradable Resin Market Size Growth Rate by Application, 2019 VS 2023 VS 2030

1.3.2    Food

1.3.3    Medical

1.3.4    Others

1.4 China Degradable Resin Sales Estimates and Forecasts 2019-2030

1.5 China Degradable Resin Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030

1.6 Study Objectives

1.7 Years Considered


2 COMPETITION BY MANUFACTURERS


2.1 China Degradable Resin Sales by Manufacturers

2.1.1 China Degradable Resin Sales by Manufacturers (2019-2024)

2.1.2 China Degradable Resin Sales Market Share by Manufacturers (2019-2024)

2.1.3 Top Largest Manufacturers of Degradable Resin in 2023 in China

2.2 China Degradable Resin Revenue by Manufacturers

2.2.1 China Degradable Resin Revenue by Manufacturers (2019-2024)

2.2.2 China Degradable Resin Revenue Market Share by Manufacturers (2019-2024)

2.2.3 China Top Companies by Degradable Resin Revenue in 2023

2.3 China Degradable Resin Sales Price by Manufacturers (2019-2024)

2.4 Analysis of Competitive Landscape

2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)

2.4.2 China Degradable Resin by Company Type (Tier 1, Tier 2, and Tier 3)

2.4.3 China Degradable Resin Manufacturers Geographical Distribution

2.5 Mergers & Acquisitions, Expansion Plans


3 China Degradable Resin MARKET SIZE BY REGION


3.1 Degradable Resin Market Size by Region: 2019-2030

3.1.1 China Degradable Resin Sales by Region: 2019-2024

3.1.2 China Degradable Resin Sales Forecast by Region (2025-2030)

3.1.3 China Degradable Resin Revenue by Region: 2019-2024

3.1.4 China Degradable Resin Revenue Forecast by Region (2025-2030)


4 MARKET SIZE BY TYPE


4.1 China Degradable Resin Sales by Type

4.1.1 China Degradable Resin Historical Sales by Type (2019-2024)

4.1.2 China Degradable Resin Forecasted Sales by Type (2025-2030)

4.1.3 China Degradable Resin Sales Market Share by Type (2019-2030)

4.2 China Degradable Resin Revenue by Type

4.2.1 China Degradable Resin Historical Revenue by Type (2019-2024)

4.2.2 China Degradable Resin Forecasted Revenue by Type (2025-2030)

4.2.3 China Degradable Resin Revenue Market Share by Type (2019-2030)

4.3 China Degradable Resin Price by Type

4.3.1 China Degradable Resin Price by Type (2019-2024)

4.3.2 China Degradable Resin Price Forecast by Type (2025-2030)


5 MARKET SIZE BY APPLICATION


5.1 China Degradable Resin Sales by Application

5.1.1 China Degradable Resin Historical Sales by Application (2019-2024)

5.1.2 China Degradable Resin Forecasted Sales by Application (2025-2030)

5.1.3 China Degradable Resin Sales Market Share by Application (2019-2030)

5.2 China Degradable Resin Revenue by Application

5.2.1 China Degradable Resin Historical Revenue by Application (2019-2024)

5.2.2 China Degradable Resin Forecasted Revenue by Application (2025-2030)

5.2.3 China Degradable Resin Revenue Market Share by Application (2019-2030)

5.3 China Degradable Resin Price by Application

5.3.1 China Degradable Resin Price by Application (2019-2024)

5.3.2 China Degradable Resin Price Forecast by Application (2025-2030)


6.    CORPORATE PROFILE


6.1 Kingfa Sci. & Tech. Co., Ltd.

6.1.1 Kingfa Sci. & Tech. Co., Ltd. Corporation Information

6.1.2 Kingfa Sci. & Tech. Co., Ltd. Overview

6.1.3 Kingfa Sci. & Tech. Co., Ltd. in China: Degradable Resin Sales, Price, Revenue and Gross Margin (2019-2024)

6.1.4 Kingfa Sci. & Tech. Co., Ltd. Degradable Resin Product Introduction

6.1.5 Kingfa Sci. & Tech. Co., Ltd. Recent Developments


6.2 BASF (China) Co. Ltd.

6.2.1 BASF (China) Co. Ltd. Corporation Information

6.2.2 BASF (China) Co. Ltd. Overview

6.2.3 BASF (China) Co. Ltd. in China: Degradable Resin Sales, Price, Revenue and Gross Margin (2019-2024)

6.2.4 BASF (China) Co. Ltd. Degradable Resin Product Introduction

6.2.5 BASF (China) Co. Ltd. Recent Developments


6.3 Jiangsu Torise Biomaterials Co., Ltd.

6.3.1 Jiangsu Torise Biomaterials Co., Ltd. Corporation Information

6.3.2 Jiangsu Torise Biomaterials Co., Ltd. Overview

6.3.3 Jiangsu Torise Biomaterials Co., Ltd. in China: Degradable Resin Sales, Price, Revenue and Gross Margin (2019-2024)

6.3.4 Jiangsu Torise Biomaterials Co., Ltd. Degradable Resin Product Introduction

6.3.5 Jiangsu Torise Biomaterials Co., Ltd. Recent Developments


6.4 Anhui Jumei Biological Technology Co., Ltd.

6.4.1 Anhui Jumei Biological Technology Co., Ltd. Corporation Information

6.4.2 Anhui Jumei Biological Technology Co., Ltd. Overview

6.4.3 Anhui Jumei Biological Technology Co., Ltd. in China: Degradable Resin Sales, Price, Revenue and Gross Margin (2019-2024)

6.4.4 Anhui Jumei Biological Technology Co., Ltd. Degradable Resin Product Introduction

6.4.5 Anhui Jumei Biological Technology Co., Ltd. Recent Developments


6.5 Ecomavi Srl

6.5.1 Ecomavi Srl Corporation Information

6.5.2 Ecomavi Srl Overview

6.5.3 Ecomavi Srl in China: Degradable Resin Sales, Price, Revenue and Gross Margin (2019-2024)

6.5.4 Ecomavi Srl Degradable Resin Product Introduction

6.5.5 Ecomavi Srl Recent Developments


6.6 Zhejiang Hisun Biomaterials Co., Ltd.

6.6.1 Zhejiang Hisun Biomaterials Co., Ltd. Corporation Information

6.6.2 Zhejiang Hisun Biomaterials Co., Ltd. Overview

6.6.3 Zhejiang Hisun Biomaterials Co., Ltd. in China: Degradable Resin Sales, Price, Revenue and Gross Margin (2019-2024)

6.6.4 Zhejiang Hisun Biomaterials Co., Ltd. Degradable Resin Product Introduction

6.6.5 Zhejiang Hisun Biomaterials Co., Ltd. Recent Developments


6.7 Shanghai Disoxidation Enterprise Development Co., Ltd.

6.7.1 Shanghai Disoxidation Enterprise Development Co., Ltd. Corporation Information

6.7.2 Shanghai Disoxidation Enterprise Development Co., Ltd. Overview

6.7.3 Shanghai Disoxidation Enterprise Development Co., Ltd. in China: Degradable Resin Sales, Price, Revenue and Gross Margin (2019-2024)

6.7.4 Shanghai Disoxidation Enterprise Development Co., Ltd. Degradable Resin Product Introduction

6.7.5 Shanghai Disoxidation Enterprise Development Co., Ltd. Recent Developments


6.8 FKuR Kunststoff GmbH (China)

6.8.1 FKuR Kunststoff GmbH (China) Corporation Information

6.8.2 FKuR Kunststoff GmbH (China) Overview

6.8.3 FKuR Kunststoff GmbH (China) in China: Degradable Resin Sales, Price, Revenue and Gross Margin (2019-2024)

6.8.4 FKuR Kunststoff GmbH (China) Degradable Resin Product Introduction

6.8.5 FKuR Kunststoff GmbH (China) Recent Developments


6.9 Wuhan Huali Environmental Technology Co., Ltd.

6.9.1 Wuhan Huali Environmental Technology Co., Ltd. Corporation Information

6.9.2 Wuhan Huali Environmental Technology Co., Ltd. Overview

6.9.3 Wuhan Huali Environmental Technology Co., Ltd. in China: Degradable Resin Sales, Price, Revenue and Gross Margin (2019-2024)

6.9.4Wuhan Huali Environmental Technology Co., Ltd. Degradable Resin Product Introduction

6.9.5 Wuhan Huali Environmental Technology Co., Ltd. Recent Developments


6.10 Biodegradable Material Institute, Zhejiang University

6.10.1 Biodegradable Material Institute, Zhejiang University Corporation Information

6.10.2 Biodegradable Material Institute, Zhejiang University Overview

6.10.3 Biodegradable Material Institute, Zhejiang University in China: Degradable Resin Sales, Price, Revenue and Gross Margin (2019-2024)

6.10.4 Biodegradable Material Institute, Zhejiang University Degradable Resin Product Introduction

6.10.5 Biodegradable Material Institute, Zhejiang University Recent Developments


7 INDUSTRY CHAIN AND SALES CHANNELS ANALYSIS


7.1 Degradable Resin Industry Chain Analysis

7.2 Degradable Resin Key Raw Materials

7.2.1 Key Raw Materials

7.2.2 Raw Materials Key Suppliers

7.3 Degradable Resin Production Mode & Process

7.4 Degradable Resin Sales and Marketing

7.4.1 Degradable Resin Sales Channels

7.4.2 Degradable Resin Distributors

7.5 Degradable Resin Customers


8 Degradable Resin MARKET DYNAMICS


8.1.1 Degradable Resin Industry Trends

8.1.2 Degradable Resin Market Drivers

8.1.3 Degradable Resin Market Challenges

8.1.4 Degradable Resin Market Restraints


9 KEY FINDINGS IN THE China Degradable Resin STUDY


10 APPENDIX


10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.2 Data Source

10.2 Author Details

10.3 Disclaimer

LIST OF TABLES & FIGURES



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