NORTH AMERICA BIODEGRADABLE PLASTIC MARKET FORECAST 2018-2026

NORTH AMERICA BIODEGRADABLE PLASTIC MARKET FORECAST 2018-2026

  • May 2018 •
  • 127 pages •
  • Report ID: 5395285 •
  • Format: PDF
KEY FINDINGS
Biodegradable plastics find their application in sectors like agriculture, textile, automotive and agriculture. The North America bio-degradable plastics market is anticipated to prosper with an 11.57% CAGR over the forecast period of 2018-2026.

MARKET INSIGHTS
Growing production of bioplastics due to the abundant availability of cost-effective bio-based raw materials is expected to present the market with potential growth opportunities.For 2017, the United States bio-degradable plastics market accounted for the lion’s share in the North American region.

Canada bio-degradable market is also progressing at a considerable pace. However, factors like the non-durability of biodegradable plastics are restraining the market expansion.

COMPETITIVE INSIGHTS
Few of the established market players in the biodegradable plastics market are Plantic Technologies, Biome Bioplastics Limited, Corbion N.V, Synbra Holding Bv, Bio-On S.P.A, Danimer Scientific Llc, Futerro SA and Natureworks Llc.