Product Code: ETC315026 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The biodegradable plastics market in Malaysia is likely to experience growth due to environmental concerns and regulations aimed at reducing plastic waste. Increased adoption in packaging, agriculture, and consumer goods industries could drive demand for biodegradable alternatives.
In the Malaysia biodegradable plastics market, the primary driver is the increasing environmental consciousness and regulatory efforts to reduce plastic pollution. Biodegradable plastics offer a more sustainable alternative to traditional plastics, as they break down naturally and reduce harm to ecosystems. With Malaysia commitment to environmental conservation and the implementation of policies promoting eco-friendly materials, the biodegradable plastics market is poised for growth. As consumers and businesses shift towards greener practices, the demand for biodegradable plastics is expected to rise.
Challenges facing the Malaysia Biodegradable Plastics market include the relatively higher production costs compared to traditional plastics, which can make them less competitive in price-sensitive markets. Consumer education and awareness about the environmental benefits of biodegradable plastics are crucial, as there may be resistance to adopting these materials without a clear understanding of their advantages. Additionally, the need for infrastructure to facilitate biodegradable plastic disposal and recycling is a significant challenge in promoting their usage.
The COVID-19 pandemic underscored the importance of sustainability and environmental consciousness. In Malaysia, the biodegradable plastics market saw increased interest as consumers and businesses sought eco-friendly alternatives. Single-use plastic bans and a growing commitment to reduce plastic waste have further fueled the demand for biodegradable plastics. Post-pandemic, the market is expected to continue its upward trajectory as the nation embraces sustainable practices and regulations.
Environmental concerns are propelling the biodegradable plastics market. Key players include BASF SE, NatureWorks LLC, and Novamont S.p.A.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Biodegradable Plastics Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Biodegradable Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Biodegradable Plastics Market - Industry Life Cycle |
3.4 Malaysia Biodegradable Plastics Market - Porter's Five Forces |
3.5 Malaysia Biodegradable Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Biodegradable Plastics Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Malaysia Biodegradable Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Biodegradable Plastics Market Trends |
6 Malaysia Biodegradable Plastics Market, By Types |
6.1 Malaysia Biodegradable Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Biodegradable Plastics Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Biodegradable Plastics Market Revenues & Volume, By PLA, 2021-2031F |
6.1.4 Malaysia Biodegradable Plastics Market Revenues & Volume, By Starch Blends, 2021-2031F |
6.1.5 Malaysia Biodegradable Plastics Market Revenues & Volume, By PHA, 2021-2031F |
6.1.6 Malaysia Biodegradable Plastics Market Revenues & Volume, By Biodegradable Polyesters, 2021-2031F |
6.1.7 Malaysia Biodegradable Plastics Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Biodegradable Plastics Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Biodegradable Plastics Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Malaysia Biodegradable Plastics Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.4 Malaysia Biodegradable Plastics Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.5 Malaysia Biodegradable Plastics Market Revenues & Volume, By Agriculture & Horticulture, 2021-2031F |
7 Malaysia Biodegradable Plastics Market Import-Export Trade Statistics |
7.1 Malaysia Biodegradable Plastics Market Export to Major Countries |
7.2 Malaysia Biodegradable Plastics Market Imports from Major Countries |
8 Malaysia Biodegradable Plastics Market Key Performance Indicators |
9 Malaysia Biodegradable Plastics Market - Opportunity Assessment |
9.1 Malaysia Biodegradable Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Biodegradable Plastics Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Malaysia Biodegradable Plastics Market - Competitive Landscape |
10.1 Malaysia Biodegradable Plastics Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Biodegradable Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |