Pulished Date October, 2018
ID: 7677
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North America Biodegradable Plastics Market, by Type (Polylactic Acid, Polyhydroxyalkanoates, Polybutylene Succinate, Polycaprolactone, Starch-based, Regenerated Cellulose), by Application (Packaging, Textile, Agriculture, Injection Molding, Others (Including Electronic, Medical, etc.)), by Region -Industry Analysis, Share, Size, Trends, Growth, and Forecasts (2018-2023)

Pulished: October, 2018
ID: 7677
Pages: 145

North America Biodegradable Plastics market size was about USD 2.81 Billion in 2018. It is expected to raise at a CAGR of 10.5% to reach a value of USD 4.53 Billion by 2023.

Plastics that break down in nature by the activity of microorganisms are known as biodegradable plastics. Halfway crude materials, for example, polylactic corrosive, polyhydroxyalkanoates, polybutylene succinate (PBS), polycaprolactone (PCL), starch, and recovered cellulose are utilized to produce biodegradable plastics. Manufacture of biodegradable plastics involves fermentation of sugar to deliver polylactic corrosive (PLA) or polyhydroxyalkanoates (PHA), which is then changed over into biodegradable plastics. Biodegradable plastics require appropriate natural conditions to function effectively.

The biodegradable plastics market is expected to witness a much faster growth in comparison to the plastics bundling market. The biodegradable plastics market is a moderately new market anyway; it has to first catch the current pace of the non-biodegradable plastic bundling market. The food packaging and beverage packaging market is relied upon to provide a significant push in driving the general biodegradable packaging market. Be that as it may, absence of government initiatives, particularly in the developed nations is relied upon to control the development of the market.

On the basis of type, the market is separated into Polylactic Acid, Polyhydroxyalkanoates, Polybutylene Succinate, Polycaprolactone, Starch-based, and Regenerated Cellulose. Polylactic corrosive based biodegradable plastic is one of the popular segment currently in the Biodegradable Plastics market. Polylactic corrosive based biodegradable plastics are for the most part utilized in applications, for example, bundling, because of their functional properties, such as great appearance, high mechanical quality, and low poisonous property. Polylactic corrosive is for the most part made by the fermentation of sustainable materials, for example, wheat starch and corn starch. In light of end-user application, the biodegradable plastics market has been portioned into Packaging, Textile, Agriculture, Injection Moulding, and Others (Including Electronic, Medical, etc.). Packaging and agribusiness applications held a noteworthy offer of biodegradable plastics market in 2018. Packaging section contains food packaging, beverage packaging, and modern packaging. Biodegradable plastics are increasingly being utilized in the agribusiness Industry.

In view of region, the North America Biodegradable Plastics market has been fragmented into United States of America and Canada. The stringent government regulations and the increasing awareness among the consumers is the underlying variables for the increment of the market to such an extent.

Major companies plying their trade in the Biodegradable Plastics Market include Mitsubishi Chemical Corporation, Biome Bioplastics, BIO-ON, Nature Works LLC, FKuR, Corbion, BASF SE, Plantic, and Natur -Tec India Private Limited.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Polylactic Acid        

                                5.1.3 Polyhydroxyalkanoates     

                                5.1.4 Polybutylene Succinate     

                                5.1.5 Polycaprolactone 

                                5.1.6 Starch-based          

                                5.1.7 Regenerated Cellulose      

                                5.1.8  Y-o-Y Growth Analysis, By Type    

                                5.1.9  Market Attractiveness Analysis, By Type  

                                5.1.10  Market Share Analysis, By Type  

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Packaging                

                                5.2.3 Textile       

                                5.2.4 Agriculture              

                                5.2.5 Other Application 

                                5.2.6 Y-o-Y Growth Analysis, By Application         

                                5.2.7 Market Attractiveness Analysis, By Application       

                                5.2.8 Market Share Analysis, By                

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.3 By Type

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.3 By Type

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.3 By Type

                                                6.1.5.4 By Application

                6.2 United States                            

                6.3 Canada                         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Mitsubishi Chemical Corporation                      

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Biome Bioplastics                     

                8.3 BIO-ON                        

                8.4 Nature Works LLC                    

                8.5 FKuR                              

                8.6 Corbion                        

                8.7 BASF SE                        

                8.8 Plantic                           

                8.9 Natur -Tec India Private Limited                        

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Type, by  Application along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

                                                                                                                          

  1. North America Biodegradable Plastics Market By Type, From 2018-2023 ( USD Billion )
  2. North America Polylactic Acid  Market By Region, From 2018-2023 ( USD Billion )
  3. North America Polyhydroxyalkanoates Market By Region, From 2018-2023 ( USD Billion )
  4. North America Polybutylene Succinate Market By Region, From 2018-2023 ( USD Billion )
  5. North America Polycaprolactone Market By Region, From 2018-2023 ( USD Billion )
  6. North America Starch-based Market By Region, From 2018-2023 ( USD Billion )
  7. North America Regenerated Cellulose Market By Region, From 2018-2023 ( USD Billion )
  8. North America Biodegradable Plastics Market By Application, From 2018-2023 ( USD Billion )
  9. North America Packaging  Market By Region, From 2018-2023 ( USD Billion )
  10. North America  Textile Market By Region, From 2018-2023 ( USD Billion )
  11. North America Agriculture Market By Region, From 2018-2023 ( USD Billion )
  12. North America Injection Molding Market By Region, From 2018-2023 ( USD Billion )
  13. North America Other Applications Market By Region, From 2018-2023 ( USD Billion )
  14. United States Biodegradable Plastics Market By Type, From 2018-2023 ( USD Billion )
  15. United States Biodegradable Plastics Market By Application, From 2018-2023 ( USD Billion )
  16. Canada Biodegradable Plastics Market By Type, From 2018-2023 ( USD Billion )
  17. Canada Biodegradable Plastics Market By Application, From 2018-2023 ( USD Billion )

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