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.
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
3. Biodegradable Plastic Industry Outlook – By Type
4. Biodegradable Plastic Industry Outlook - By Application
5. Biodegradable Plastic Industry - Regional Outlook
6. Competitive Landscape
7. Methodology & Scope
List of Tables
List of Figures
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