United States (US) Bioplastics Market Summary, Competitive Analysis and Forecast to 2027
Summary
Bioplastics in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Bioplastics are a type of plastic material derived from renewable sources such as plants, agricultural by-products, and microorganisms. Unlike traditional plastics, which are made from fossil fuels, bioplastics are made using biological materials and processes.
The US bioplastics market had total revenue of $1.2 billion in 2022, representing a compound annual growth rate (CAGR) of 10.0% between 2017 and 2022.
Market consumption volume increased with a CAGR of 11.4% between 2017 and 2022, to reach a total of 278.9 thousand tonnes in 2022.
The US market accounted for 12.9% of the global bioplastic market and 62.9% of the North American market. The market kept expanding rapidly, largely due to the rising demand for applications of sustainable packaging in consumer goods.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bioplastics market in the United States
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bioplastics market in the United States
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 United States bioplastics market with five year forecasts by both value and volume
Reasons to Buy
What was the size of the United States bioplastics market by value in 2022?
What will be the size of the United States bioplastics market in 2027?
What factors are affecting the strength of competition in the United States bioplastics market?
How has the market performed over the last five years?
Who are the top competitors in the United States' bioplastics market?
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading player?
7.4. Have there been any recent developments in the market?
8 Company Profiles
8.1. Compagnie de Saint-Gobain
8.2. China National Building Material Co Ltd
8.3. Turkiye Sise ve Cam Fabrikalari AS
8.4. AGC Inc
8.5. CRH plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
About GlobalData
List of Tables
Table 1: Global flat glass market value: $ million, 2017–22
Table 2: Global flat glass market volume: million Tons, 2017–22
Table 3: Global flat glass market category segmentation: % share, by value, 2017–2022