The global demand for Biodegradable Microbeads Market is presumed to reach the market size of nearly USD 9.06 MN by 2028 from USD 4.74 MN in 2021 with a CAGR of 9.6% under the study period 2022 - 2028.
Biodegradable microbeads are used in a variety of applications. They have become the perfect substitute for plastic microbeads. Biodegradable microbeads are composed of cellulose, the substance that forms the strong fibers found in wood and plants. Biodegradable microbeads are ultra-small spheres that are frequently used in the personal care, skin care, and cosmetics sectors.
Market Dynamics
The biodegradable microbeads demand is being extensively used in a wide range of applications, including composites, paints, cosmetics, and personal care. Some prominent factors, such as the increasing need for the reduction of plastic pollutants and rapid consumer shift regarding products with natural ingredients, are augmenting the market growth of biodegradable microbeads. The use of biodegradable components in the healthcare sector has significantly increased during the last several years. Oral care administrations frequently use bio adhesive drugs composed of biodegradable microbeads. According to emerging trends, the extensive use of biodegradable microbeads in the healthcare and pharmaceutical sector will significantly increase during the projected period. This, in turn, will fuel the market growth of biodegradable microbeads. Additionally, the implementation of stringent government laws regarding the use of plastics and increased public awareness about the advantages of biodegradable microbeads will positively influence the market growth for biodegradable microbeads.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of biodegradable microbeads. The growth and trends of biodegradable microbeads industry provide a holistic approach to this study.
Market Segmentation
This section of the biodegradable microbeads market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Microbeads Type- Dispersible
- Soft Beads
- Exfoliator Scrub
By Application Outlook- Composites
- Paint And Coatings
- Cosmetics And Personal Care
- Others
By Material Type- Cellulose
- Aliphatic Polyesters
- Starch
By Compounding- Powder Based
- Granules Based
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Biodegradable Microbeads market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Biodegradable Microbeads Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the biodegradable microbeads market include BASF SE, Naturebeads, TerraVerdae, Evonik Industries AG, Matsumoto Yushi Seiyaku Company, Trelleborg AB, Sigmund Lindner GmbH, Mo-Sci Corporation, Other. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.