Sustainable Materials Market is segmented By Type (Recycled Metals, Biodegradable Plastics, Eco-friendly Textiles, Renewable Fibers, Sustainable Packa....
Market Size in USD Bn
CAGR12.41%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 12.41% |
Market Concentration | High |
Major Players | BASF SE, Dow Inc., DuPont de Nemours, Inc., Arkema S.A., Covestro AG and Among Others |
The sustainable materials market is estimated to be valued at USD 333.31 Billion in 2024 and is expected to reach USD 755.91 Billion by 2031, growing at a compound annual growth rate (CAGR) of 12.41% from 2024 to 2031. The sustainable materials market is witnessing a noticeable shift towards sustainable materials as businesses and consumers alike are seeking out sustainable alternatives.