Degradable Resin Market

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.

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

Degradable Resin Market 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

Degradable Resin Market 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.

Degradable Resin Market 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.

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

Degradable Resin Market 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

• 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 (%)

• 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.

• 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

• 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

• Global Degradable Resin Market 
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• Indonesia Degradable Resin Market 
• Brazil Degradable Resin Market

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