North America Bioplastics and Biopolymers Market Forecast to 2030 – Regional Analysis – by Product Type (Polyethylene, Polyethylene Terephthalate, Polylactic Acid, Polytrimethylene Terephthalate, Polybutylene Adipate Terephthalate, Polybutylene Succinate, Cellulose, Blends, and Others) and End-Use Industry (Packaging, Consumer Goods, Automotive, Textile, Building and Construction, Medical, Agriculture, and Others)
The North America bioplastics and biopolymers market is expected to grow from US$ 1,513.09 million in 2023 to US$ 3,040.20 million by 2030. It is estimated to grow at a CAGR of 10.5% from 2023 to 2030.
Increasing Regulations and Policies Against Traditional Plastic Fuel North America Bioplastics and Biopolymers Market
Government regulations and policies have shaped the bioplastics and biopolymers market. Recognizing the environmental impact of conventional plastics, many governments worldwide have implemented stringent measures to promote the production and use of sustainable alternatives. Several countries have introduced bans or restrictions on single-use plastics, such as plastic bags, straws, and cutlery. These policies aim to reduce plastic waste and encourage the adoption of bioplastics and biopolymers that are biodegradable and have a lower environmental footprint. In addition to bans, governments offer various incentives such as tax breaks, subsidies, grants, and research funding, as well as support mechanisms to promote the growth of the bioplastics industry. These incentives help reduce the cost of bioplastics, making them more competitive with conventional plastics. Thus, all these benefits have encouraged companies operating in the market to invest in research and development, scale up production, and bring innovative bioplastic products to the market.
Governments are increasingly incorporating sustainability criteria into public procurement policies by prioritizing the use of biobased materials, including bioplastics and biopolymers, in government-funded projects, thus creating a significant demand for these materials. Further, regulatory frameworks are being established to ensure the quality and safety standards of bioplastics. Governments collaborate with industry associations and regulatory bodies to establish certification systems and standards for biodegradability, compostability, and environmental performance. These standards guarantee consumers, businesses, and industries that the plastics they use meet a certain criteria, fostering market growth.
North America Bioplastics and Biopolymers Market Overview
The US, Canada, and Mexico are the key economies in North America. In North America, bioplastics and biopolymers are widely consumed in the packaging sector in the form of plastic bottles and bags. Production and consumption of bioplastics and biopolymers are expected to grow in the region, primarily in food packaging applications. Unlike traditional plastics, bioplastics, and biopolymers are obtained from renewable sources. First-generation bioplastics are obtained from starches or sugars, such as corn, wheat, sugarcane, or soy. Second-generation bioplastics use cellulose from crops or industrial processes as raw materials, including sugarcane bagasse or sawdust, and other industrial residues, such as whey.
Other end-use industries for bioplastics and biopolymers include consumer products, automotive, agriculture, textiles, building & construction, and pharmaceuticals. The growth of these end-use industries is further driving the bioplastics and biopolymers market in North America. The construction industry in North America is expanding tremendously due to a strong economy, combined with an increase in federal and state funding for public works and institutional buildings. Further, the higher demand for and production of large engine capacity vehicles, such as extended cabs, in this region is bolstering the market growth. The automotive market is inclined toward light trucks and SUVs in this region owing to their better traction in changing weather conditions and off-road capabilities. Light commercial vehicle (LCV) production is also increasing in North America. The automotive industry in this region is one of the most advanced industries globally due to substantial investments in infrastructure, R&D activities, and new production facilities. Bio-polyamides (Bio-PA), polylactic acid (PLA), and bio-based polypropylene (Bio-PP) are bioplastics used in automotive manufacturing. These factors are driving the bioplastics and biopolymers market growth.
North America Bioplastics and Biopolymers Market Revenue and Forecast to 2030 (US$ Million)
North America Bioplastics and Biopolymers Market Segmentation
The North America bioplastics and biopolymers market is segmented into product type, end-use industry, and country.
Based on product type, the North America bioplastics and biopolymers market is segmented into polyethylene, polyethylene terephthalate, polylactic acid, polytrimethylene terephthalate, polybutylene adipate terephthalate, polybutylene succinate, cellulose, blends, and others. The blends segment accounted the largest share of the North America bioplastics and biopolymers market in 2023.
Based on end-use industry, the North America bioplastics and biopolymers market is divided into packaging, consumer goods, automotive, textile, building and construction, medical, agriculture, and others. The packaging segment held the largest share of the North America bioplastics and biopolymers market in 2023.
Based on country, the North America bioplastics and biopolymers market is segmented into the US, Canada, and Mexico. The US dominated the North America bioplastics and biopolymers market in 2023.
Arkema SA, BASF SE, Braskem SA, Cardia Bioplastics Australia Pty Ltd, Corbion NV, Eastman Chemical Co, Mitsubishi Chemical Holdings Corp, Mitsui Chemicals Inc, Novamont SpA, and Saudi Basic Industries Corp are some of the leading companies operating in the North America bioplastics and biopolymers market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Bioplastics and Biopolymers Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End Users:
5. North America Bioplastics and Biopolymers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Regulations and Policies Against Traditional Plastic
5.1.2 Rising Demand for Eco-Friendly Plastics in Packaging Industry
5.2 Market Restraints
5.2.1 Lack of Infrastructure and Recycling Facilities for Bioplastics and Biopolymers
5.3 Market Opportunities
5.3.1 Growing Incorporation of Biodegradable Plastics in Biomedical Applications
5.4 Future Trends
5.4.1 Increasing Focus on Innovations and Technological Advancement
5.5 Impact Analysis
6. Bioplastics and Biopolymers Market- North America Market Analysis
6.1 North America Bioplastics and Biopolymers Market Revenue (Kilo Tons)
6.2 North America Bioplastics and Biopolymers Market Revenue (US$ Million)
6.3 North America Bioplastics and Biopolymers Market Forecast and Analysis
7. North America Bioplastics and Biopolymers Market Analysis - Product Type
7.1 Polyethylene
7.1.1 Overview
7.1.2 Polyethylene Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.2 Polyethylene Terephthalate
7.2.1 Overview
7.2.2 Polyethylene Terephthalate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.3 Polylactic Acid
7.3.1 Overview
7.3.2 Polylactic Acid Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.4 Polytrimethylene Terephthalate
7.4.1 Overview
7.4.2 Polytrimethylene Terephthalate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.5 Polybutylene Adipate Terephthalate
7.5.1 Overview
7.5.2 Polybutylene Adipate Terephthalate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.6 Polybutylene Succinate
7.6.1 Overview
7.6.2 Polybutylene Succinate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.7 Cellulose
7.7.1 Overview
7.7.2 Cellulose Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.8 Blends
7.8.1 Overview
7.8.2 Blends Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.9 Others
7.9.1 Overview
7.9.2 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8. North America Bioplastics and Biopolymers Market Analysis - End-Use Industry
8.1 Packaging
8.1.1 Overview
8.1.2 Packaging Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
8.2 Consumer Goods
8.2.1 Overview
8.2.2 Consumer Goods Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.4 Textile
8.4.1 Overview
8.4.2 Textile Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.5 Building and Construction
8.5.1 Overview
8.5.2 Building and Construction Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.6 Medical
8.6.1 Overview
8.6.2 Medical Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.7 Agriculture
8.7.1 Overview
8.7.2 Agriculture Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
9. North America Bioplastics and Biopolymers Market - Country Analysis
9.1 Overview
9.1.1 North America Bioplastics and Biopolymers Market, by Key Country- Revenue (2022) (US$ Million)
9.1.2 North America Bioplastics and Biopolymers Market Revenue and Forecasts and Analysis - By Countries
9.1.2.1 North America Bioplastics and Biopolymers Market Breakdown by Country
9.1.2.2 US: North America Bioplastics and Biopolymers Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.2.3 US: North America Bioplastics and Biopolymers Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.3.1 US: North America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.2.3.2 US: North America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.2.3.3 US: North America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
9.1.2.3.4 US: North America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
9.1.2.4 Canada: North America Bioplastics and Biopolymers Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.2.5 Canada: North America Bioplastics and Biopolymers Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.5.1 Canada: North America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.2.5.2 Canada: North America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.2.5.3 Canada: North America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
9.1.2.5.4 Canada: North America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
9.1.2.6 Mexico: North America Bioplastics and Biopolymers Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.2.7 Mexico: North America Bioplastics and Biopolymers Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.7.1 Mexico: North America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.2.7.2 Mexico: North America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.2.7.3 Mexico: North America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
9.1.2.7.4 Mexico: North America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
10. Competitive Landscape
10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Arkema SA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 BASF SE
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Mitsui Chemicals Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Cardia Bioplastics Australia Pty Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Braskem SA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Saudi Basic Industries Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Corbion NV
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Mitsubishi Chemical Holdings Corp
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Novamont SpA
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Eastman Chemical Co
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
LIST OF TABLES
Table 1. North America Bioplastics and Biopolymers Market Segmentation
Table 2. North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons)
Table 3. North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – Product Type
Table 5. North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 6. North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – End-Use Industry
Table 7. North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – End-Use Industry
Table 8. US: North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 9. US: North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 10. US: North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By End-Use Industry
Table 11. US: North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By End-Use Industry
Table 12. Canada: North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 13. Canada: North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 14. Canada: North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By End-Use Industry
Table 15. Canada: North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By End-Use Industry
Table 16. Mexico: North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 17. Mexico: North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 18. Mexico: North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By End-Use Industry
Table 19. Mexico: North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By End-Use Industry
Table 20. Company Positioning & Concentration
LIST OF FIGURES
Figure 1. North America Bioplastics and Biopolymers Market Segmentation, By Country
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: North America Bioplastics and Biopolymers Market
Figure 4. North America Bioplastics and Biopolymers Market Impact Analysis of Drivers and Restraints
Figure 5. North America Bioplastics and Biopolymers Market Revenue (Kilo Tons), 2020 – 2030
Figure 6. North America Bioplastics and Biopolymers Market Revenue (US$ Million), 2020 – 2030
Figure 7. North America Bioplastics and Biopolymers Market Share (%) – Product Type, 2022 and 2030
Figure 8. Polyethylene Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 9. Polyethylene Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Polyethylene Terephthalate Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 11. Polyethylene Terephthalate Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Polylactic Acid Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 13. Polylactic Acid Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Polytrimethylene Terephthalate Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 15. Polytrimethylene Terephthalate Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Polybutylene Adipate Terephthalate Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 17. Polybutylene Adipate Terephthalate Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Polybutylene Succinate Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 19. Polybutylene Succinate Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Cellulose Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 21. Cellulose Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Blends Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 23. Blends Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Others Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 25. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. North America Bioplastics and Biopolymers Market Share (%) – End-Use Industry, 2022 and 2030
Figure 27. Packaging Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 28. Packaging Market Revenue and Forecasts To 2030 (US$ Million)
Figure 29. Consumer Goods Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 30. Consumer Goods Market Revenue and Forecasts To 2030 (US$ Million)
Figure 31. Automotive Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 32. Automotive Market Revenue and Forecasts To 2030 (US$ Million)
Figure 33. Textile Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 34. Textile Market Revenue and Forecasts To 2030 (US$ Million)
Figure 35. Building and Construction Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 36. Building and Construction Market Revenue and Forecasts To 2030 (US$ Million)
Figure 37. Medical Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 38. Medical Market Revenue and Forecasts To 2030 (US$ Million)
Figure 39. Agriculture Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 40. Agriculture Market Revenue and Forecasts To 2030 (US$ Million)
Figure 41. Others Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 42. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 43. North America Bioplastics and Biopolymers Market, by Key Country- Revenue (2022) (US$ Million)
Figure 44. North America Bioplastics and Biopolymers Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 45. US: North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 46. US: North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 47. Canada: North America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 48. Canada: North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 49. Mexico: North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 50. Mexico: North America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 51. Heat Map Analysis By Key Players
- Arkema SA
- BASF SE
- Braskem SA
- Cardia Bioplastics Australia Pty Ltd
- Corbion NV
- Eastman Chemical Co
- Mitsubishi Chemical Holdings Corp
- Mitsui Chemicals Inc
- Novamont SpA
- Saudi Basic Industries Corp
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America bioplastics and biopolymers market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in North America bioplastics and biopolymers market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.