Market by Type, Application, and Geography | Forecasts 2019-2027
The North American biodegradable plastic market is expected to grow at a CAGR of 10.95% during the forecast period of 2019-2027. The top countries covered in the North American biodegradable plastics market are:
• United States
• Canada
The North American region is predicted to be one of the biggest consumers of the biodegradable plastics, which is majorly credited to the extensive presence of packaged food manufacturers in Canada & the United States. The presence of environmentally conscious and increased spending power of the consumers are some of the major drivers increasing the demand of the market in the region.
The increasing preference of the consumers for biodegradable materials, along with the rise in the concerns of the environment are top factors responsible for surging the growth of the biodegradable plastic market in the region. In order to achieve greater consumer satisfaction, the top companies are shifting their interest in biodegradable plastics for packaging. Prominent sectors such as agriculture and medicine are expected to boost the demand of the biodegradable plastic market in the coming years.
The inadequate support from the government in the emerged regions, costs of raw material for manufacturing and the advancing technology that drives the recycling process and high margin price difference between the bio and conventional packaging are known to curb the growth of the market in this region.
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 ENVIRONMENT-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. BIO-ON S.P.A.
6.4. CORBION N.V. (PURAC)
6.5. DANIMER SCIENTIFIC, LLC
6.6. DOW CHEMICAL COMPANY (MERGER WITH DUPONT)
6.7. FKUR KUNSTSTOFF GMBH
6.8. FUTERRO SA
6.9. MITSUBISHI CHEMICAL CORPORATION
6.10. NATUREWORKS LLC
6.11. PLANTIC TECHNOLOGIES (ACQUISITION BY KURARAY AMERICA, INC,)
6.12. SIGMA-ALDRICH (ACQUISITION BY MERCK)
6.13. SYNBRA HOLDING BV
6.14. TIANAN BIOLOGIC MATERIAL CO. LTD
6.15. ZHEJIANG HISUN BIOMATERIALS CO. LTD.
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
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- 2027 (IN $ MILLION)
TABLE 11 NORTH AMERICA BIODEGRADABLE PLASTIC MARKET,
BY APPLICATION, 2019-2027 (IN $ MILLION)
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)