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North America Biodegradable Plastics Market 2019-2027

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    Report

  • 102 Pages
  • May 2019
  • Region: North America
  • Triton Market Research
  • ID: 4772820
Market Outlook

According to the author, the biodegradable plastic market in the North America region is expected to rise at a CAGR of 10.95% over the estimated period of 2019-2027. The growing population and rising demand for biodegradable plastics is driving the market in this region. The stringent rules imposed for clean sea and beaches and the rising death cases of aquatic animals due to the consumption of traditional plastics have compelled the government agencies to turn the tide of dominating petroleum plastic manufacturers towards the biodegradable plastics market.

The biodegradable plastics market is classified into various types and applications. The various types of plastics are Polylactic Acid (PLA), Starch Blends, Polycaprolactone (PCL), Regenerated Cellulose, Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA) and other.

Competitive Outlook

Some of the top players dominating the biodegradable plastics market are Dow Chemical Company (Merger with Dupont), NatureWorks Llc, Sigma-Aldrich (Acquisition by Merck), Tianan Biologic Material Co. Ltd, Corbion N.V. (Purac), BASF SE, Plantic Technologies (Acquisition by Kuraray America, Inc,), and Biome Bioplastics Limited, Fkur Kunststoff Gmbh.

Table of Contents

1. North America Biodegradable Plastic Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.3. Evolution & Transition of Biodegradable Plastic
2.4. Porter's Five Force Analysis
2.5. Market Attractiveness Matrix
2.6. Vendor Scorecard
2.7. Industry Components
2.8. Regulatory Framework
2.9. Key Impact Analysis
2.10. Market Opportunity Insights
2.11. Industry Player Positioning
2.12. Key Market Strategies
2.13. Market Drivers
2.13.1. Rise in the Production of Corn and Other Renewable Resources
2.13.2. Increasing Scope of Biodegradable Plastics in Various End-Use Segments
2.13.3. Biodegradable Property of the Biodegradable Plastics
2.13.4. Favorable Government Policies to Reduce the Use of Petroleum-Based Polymers
2.13.5. Shift in Consumer Preference Towards the Adoption of Environmental-Friendly Packaging Solution
2.14. Market Restraints
2.14.1. High Cost of Biodegradable Plastics as Compared to Conventional Plastics
2.14.2. Durability Issues
2.15. Market Opportunities
2.15.1. Increased Bioplastic Production Across Regions
2.15.2. Availability of Cost-Effective Bio-Based Raw Materials
2.16. Market Challenges
2.16.1. Biodegradable Plastics Impact On Food Production and Supply
2.16.2. Easy Availability of Alternatives
3. Biodegradable Plastic Industry Outlook – By Type
3.1. Pla
3.2. Starch Blends
3.3. Pcl
3.4. Regenerated Cellulose
3.5. Pbs
3.6. Pha
3.7. Other Types
4. Biodegradable Plastic Industry Outlook - By Application
4.1. Packaging
4.2. Fibers
4.3. Agriculture
4.4. Injection Molding
4.5. Other Applications
5. Biodegradable Plastic Industry - Regional Outlook
5.1. United States
5.2. Canada
6. Competitive Landscape
6.1. Basf Se
6.2. Biome Bioplastics Limited
6.3. Corbion N.V. (Purac)
6.4. Dow Chemical Company (Merger With Dupont)
6.5. Fkur Kunststoff Gmbh
6.6. Natureworks Llc
6.7. Plantic Technologies (Acquisition By Kuraray America, Inc,)
6.8. Sigma-Aldrich (Acquisition By Merck)
6.9. Tianan Biologic Material Co. Ltd
7. Methodology & Scope
7.1. Research Scope
7.2. Sources of Data
7.3. Research Methodology
List of Tables
Table 1 Market Attractiveness Matrix For Biodegradable Plastic Market
Table 2 Vendor Scorecard of Biodegradable Plastic Market
Table 3 Regulatory Framework of Biodegradable Plastic Market
Table 4 Key Strategic Developments in Biodegradable Plastic Market
Table 5 Comparison Between Bioplastics and Conventional Plastics
Table 6 Cost Analysis of Biodegradable Plastics in 2016
Table 7 Cost Analysis of Fossil Based Plastics in 2016
Table 8 Sustainability of Major Bio-Based Plastic Types For Different Applications
Table 9 North America Biodegradable Plastic Market, Country Outlook, 2019-2027 (In $ Million)
Table 10 North America Biodegradable Plastic Market, By Biodegradable Plastic Type, 2019-2026 (In $ Million)
Table 11 North America Biodegradable Plastic Market, By Application, 2019-2027 (In $ Million)
List of Figures
Figure 1 North America Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 2 Porter's Five Force Analysis of Biodegradable Plastic Market
Figure 3 Industry Components of Biodegradable Plastic Market
Figure 4 Market Opportunity Insights, By Plastic Type, 2018
Figure 5 Market Opportunity Insights, By Application, 2018
Figure 6 Key Player Positioning in 2018 (%)
Figure 7 Sugarcane and Corn Production in Key Countries, 2016 (In %)
Figure 8 Worldwide Production of Sugar Cane and Corn, 2014-2023 (In Million Tonnes)
Figure 9 Timeline of Biodegradable Plastics
Figure 10 Worldwide Corn Production, 2010-2017, (In Million Metric Tonnes)
Figure 11 Major Corn Producers Across the Globe, 2015-2016 (% of Total Production)
Figure 12 Worldwide Bioplastic Production Capacity, 2017-2022 (In ‘000 Tonnes)
Figure 13 Percentage Share of Total Bioplastic Production Across Regions in 2017 (In %)
Figure 14 Major Sugarcane Producers Across the Globe in 2016 (In Million Tonnes)
Figure 15 North America Biodegradable Plastic Market, By Pla, 2019-2027 (In $ Million)
Figure 16 North America Biodegradable Plastic Market, By Starch Blends, 2019-2027 (In $ Million)
Figure 17 North America Biodegradable Plastic Market, By Pcl, 2019-2027 (In $ Million)
Figure 18 North America Biodegradable Plastic Market, By Regenerated Cellulose, 2019-2027 (In $ Million)
Figure 19 North America Biodegradable Plastic Market, By Pbs, 2019-2027 (In $ Million)
Figure 20 North America Biodegradable Plastic Market, By Pha, 2019-2027 (In $ Million)
Figure 21 North America Biodegradable Plastic Market, By Other Types, 2019-2027 (In $ Million)
Figure 22 North America Biodegradable Plastic Market, By Packaging, 2019-2027 (In $ Million)
Figure 23 North America Biodegradable Plastic Market, By Fibers, 2019-2027 (In $ Million)
Figure 24 North America Biodegradable Plastic Market, By Agriculture, 2019-2027 (In $ Million)
Figure 25 North America Biodegradable Plastic Market, By Injection Molding, 2019-2027 (In $ Million)
Figure 26 North America Biodegradable Plastic Market, By Other Applications, 2019-2027 (In $ Million)
Figure 27 North America Biodegradable Plastic Market, Regional Outlook, 2018 & 2027 (In %)
Figure 28 United States Biodegradable Plastic Market, 2019-2027 (In $ Million)
Figure 29 Canada Biodegradable Plastic Market, 2019-2027 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • BASF SE

  • Biome Bioplastics Limited

  • Corbion N.V. (Purac)

  • Dow Chemical Company (Merger With Dupont)

  • Fkur Kunststoff GmbH

  • Natureworks LLC

  • Plantic Technologies (Acquisition By Kuraray America, Inc,)

  • Sigma-Aldrich (Acquisition By Merck)

  • Tianan Biologic Material Coltd