Press release
Expanding Environmentally Friendly Film Options Will Drive the North American Biodegradable Film Market By 2028
The North America biodegradable film market refers to the industry that produces and sells thin, flexible materials made from natural materials, such as starch, that can decompose and break down into non-toxic substances in the environment. This market is driven by increasing demand for eco-friendly alternatives to traditional plastic films and is expected to continue to grow in the coming years.Biodegradable films deteriorate naturally over time under the impact of environmental factors such moisture, oxygen, microorganisms, and sunshine. These films were developed to counter issues like air pollution and landfill growth brought on by plastic film. These materials are primarily produced by chemically substituting carbon chains in the raw materials used to make plastic films, causing the degradation process to proceed more quickly than it would with regular polymers.
The market for biodegradable film in North America is anticipated to expand from 2021 to 2028. According to Data Bridge Market Research's analysis, the market is projected to grow at a CAGR of 5.1% from 2021 to 2028 and reach USD 4,665.42 million by that time.
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https://www.databridgemarketresearch.com/reports/north-america-biodegradable-film-market
On the basis of type, the biodegradable film market is segmented into PLA, starch blends, biodegradable polyester, PHA, soy-based, cellulose-based, lignin-based and others. In 2021, the starch blends segment is dominating the biodegradable film market because starch blends biodegradable film has good film properties that have comparatively fewer adverse environmental effects.
On the basis of crop type, the biodegradable film market is segmented into fruits & vegetables, grains & oilseeds, flowers & plants and others. In 2021, the grains & oilseeds segment is expected to dominate the biodegradable film market because of the excellent food contact compliance and exclusive strength and stability of these biodegradable films which boosts its demand in the forecast year.
The major players covered in the report are:
BASF SE, Plascon Group, TAGHLEEF INDUSTRIES GROUP, Shreejistretchfilm, Polyplex, STOROPACK HANS REICHENECKER GMBH, Walki Group Oy, BioBag Americas, Inc., AVERY DENNISON CORPORATION, Polystar Plastics Ltd, TIPA LTD, Cortec Corporation, BI-AX International Inc, Futamura Group, Trioplast Industrier AB, Poysha Packaging Private Limited, Layfield Group. Ltd., Accredo Packaging, Inc., Paco Label, Brentwood Plastics, Inc., Novamont S.p.A., PLASTIKA KRITIS S.A. other players domestic and global.
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