Key Highlights
- Bioplastics are a type of plastic material that is derived from renewable sources such as plants, agricultural by-products, and microorganisms. These materials are used as alternatives to traditional plastics, which are made from fossil fuels. Bioplastics are manufactured using biological materials and processes, making them more sustainable and environmentally friendly.
- The Canadian bioplastics market recorded revenues of $636.3 million in 2024, representing a compound annual growth rate (CAGR) of 11.4% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 13.6% between 2019 and 2024, reaching a total of 156.7 thousand tonnes in 2024.
- Canada accounted for a 23.4% share of the North American bioplastics market in 2024.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bioplastics market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bioplastics market in Canada
- Leading company profiles reveal details of key bioplastics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada bioplastics market with five year forecasts
Reasons to Buy
- What was the size of the Canada bioplastics market by value in 2024?
- What will be the size of the Canada bioplastics market in 2029?
- What factors are affecting the strength of competition in the Canada bioplastics market?
- How has the market performed over the last five years?
- What are the main segments that make up Canada's bioplastics market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- NatureWorks LLC
- Danimer Scientific Inc