North America Biodegradable Plastic Market is expected to grow at a CAGR of 14.0% during the forecast period 2020 – 2027, to account to US$ 2,622.4 Mn by 2027 | API SpA, BASF S.E., FKuR Kunststoff GmbH

The Business Market Insights provides you regional research analysis on “North America Biodegradable Plastic Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the North America Biodegradable Plastic Market during the forecast period, i.e., 2020–2027.

The North America biodegradable plastic market is accounted to US$ 806.9 Mn in 2018 and is expected to grow at a CAGR of 14.0% during the forecast period 2019 – 2027, to account to US$ 2,622.4 Mn by 2027.

U.S. is dominating the North America biodegradable plastic market followed by Canada. The market for biodegradable plastic is growing in U.S. due to increasing concerns by the consumers over the impact plastic products have on the environment. The manufacturers have come up with several innovations in the case of plastics to turn it up into greener products. The development of bioresin as an environmentally friendly substitute to polyurethane-based plastic is considered to be one of the important transformations towards the green future. New York City has also supported the bans on no-biodegradable plastics by imposing strict guidelines for recycling plastic bags. Also, cities like Boston and Phoenix, have started charging fees or banning bags below a certain level of thickness. Apart from this, the other cities which have banned the use of plastic bags in U.S. are Chicago Seattle, Los Angeles, Austin and San Francisco, Washington, Brownsville, and Portland.

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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Biodegradable Plastic Market. The researcher provides an extensive analysis of the North America Biodegradable Plastic Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

NORTH AMERICA BIODEGRADABLE PLASTIC MARKET SEGMENTATION
By Type
• PHA
• PLA
• Starch Blends
• Biodegradable Polyesters
• Others
By End User
• Packaging and Bags
• Agriculture and Horticulture
• Consumer Goods
• Textile
• Others
By Country
• U.S.
• Canada
• Mexico
Company Profiles
• API SpA
• BASF S.E.
• FKuR Kunststoff GmbH
• Green Dot Bioplastics
• NatureWorks LLC.
• Novamont S.p.A.
• Kingfa Sci. & Tech. Co., Ltd.
• Mitsubishi Chemical Corporation
• Plantic Technologies Limited
• Total Corbion PLA

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Biodegradable Plastic Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the North America Biodegradable Plastic Market segments and regions.

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The research on the North America Biodegradable Plastic Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the North America Biodegradable Plastic Market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Biodegradable Plastic Market.

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