According to a market report by Lucintel, the future of the global plastic-eating bacteria market looks promising with opportunities in the landfill, ocean, lake, and pond markets. The global plastic-eating bacteria market is expected to reach an estimated $0.0005 million by 2030 from $0.0002 million by 2024,at a CAGR of 16.3% from 2024 to 2030. The major drivers for this market are increasing accumulation of plastics in landfills and oceans and growing concerns regarding plastic pollution.A more than 150-page report to understand trends, opportunity and forecast in plastic-eating bacteria market to 2030 by resin (polyethylene terephthalate (PET), polyurethane (PUR), and others), application (landfills, oceans, lakes, ponds, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the resin category, polyethylene terephthalate (PET) segment is expected to witness higher growth over the forecast period as it is easily biodegradable.
Within the application category, landfill will remain the largest segment due to rising demand for more sustainable solutions to plastic waste management.
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In terms of regions, Europe will remain the largest region over the forecast period due to increasing investment by government in the development of green technologies.
Carbios, Pyrowave, EREMA, Sidelare the major suppliers in the plastic-eating bacteria market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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