United States Biodegradable Plastics Market is estimated to reach US$ 2.18 billion by 2028 | Renub Research

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Renub Research’s latest report, “United States Biodegradable Plastics Market, Size, Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis” the United States Biodegradable Plastics Market is estimated to reach US$ 2.18 billion by 2028. The rising use of plastic is increases environmental degradation by introducing more plastic particles and toxins, threatening both the ecosystem and the food chain, and possibly threatening human health. To solve this problem, biodegradable polymers are being created to build a sustainable and eco-friendly environment, limiting human ecological effect. Embracing biodegradable materials may lead to a greener future, minimizing the adverse repercussions of plastic waste, and fostering a healthy cohabitation with the world. While plastics are vital in securing goods and supplying global markets, embracing biodegradable alternatives may help us progress towards a more sustainable future. Yet, the US bioplastics industry presents an innovative and promising sector with vast potential. It fosters a circular bio-economy, prioritizing resource efficiency and low-carbon practices, thereby driving sustainability in the industry.

The growth and advancement of biodegradable plastic industry and their products have the potential to enhance environmental sustainability and mitigate greenhouse gas emissions. Bioplastics can serve as a pivotal element in addressing the long-standing issue of plastic pollution, offering a promising solution. However, widespread public awareness is crucial to drive lasting change in combating plastic pollution and its associated environmental threats. While biodegradable plastics and plastic waste represent a fraction of the United States plastics industry, further research and development are necessary to unlock their full potential.

Bioplastics provide eco-friendly and sustainable alternatives to conventional plastics, catering to various applications. These bio-based and biodegradable materials offer similar characteristics to traditional plastics while delivering added advantages like reduced carbon footprint, enhanced functionalities, and organic recycling possibilities. Their growing popularity stems from the economic and ecological potential they hold, driving a low-carbon, circular bio-economy that maximizes resource efficiency. With bioplastics available for a wide range of applications, they pave the way for a greener and more sustainable future.

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In the US, with just 4% of the global population, it generates 12% of the world’s municipal solid waste and produces approximately 106.2 kg of plastic waste per person yearly. To combat this issue, the US Plastic Waste Reduction and Recycling Act aim to establish national and international standards, promoting recycling technologies. Ongoing research on microplastics may lead to stricter regulations for US packaging companies. Recognizing the potential of the bioplastics industry, the US government seeks to accelerate the transition to a circular economy that decouples economic growth from environmental impact. USA Bioplastics collaborates with stakeholders and institutions to create a favorable policy and economic environment, driving the growth of the US bioplastics industry.

Starch blends dominate the US biodegradable packaging market, driven by their cost-effectiveness.

Starch blends dominate the US biodegradable packaging market due to their affordability. These blends, combining starch with other biodegradable materials like PLA or PHAs, offer favourable performance properties and can degrade in various environments. They find applications in food packaging, bags, and cutlery. While PLA and PHAs gain popularity for their unique features like transparency and flexibility, their higher cost compared to starch blends may restrict their use in specific applications. As environmental consciousness rises among firms and consumers, the demand for biodegradable packaging materials in the United States is projected to climb, presenting potential for sustainable alternatives to standard plastics.

The Packaging Market for United States Biodegradable products is expected to continue to grow in the Coming Years

In the United States, the packaging sector leads the way in embracing biodegradable goods. With greater environmental awareness among consumers and companies, there’s a growing desire for sustainable options. Biodegradable packaging solves this problem by adopting materials that naturally break down over time, minimizing non-biodegradable waste in landfills. From food packaging to transportation materials, firms are adopting biodegradable choices to fit with eco-friendly practices and fulfill customer expectations, fostering a more sustainable and circular economy. Besides the packaging business, several industries including agriculture, textiles, and construction are discovering the advantages of adding biodegradable materials into their products. This broad usage of biodegradable materials helps to a greener future beyond merely packaging. For example, the agricultural sector is adopting biodegradable mulch films and seed coatings for sustainable farming operations, while the textile business examines biodegradable fibers as eco-friendly alternatives. Additionally, the building industry is adopting biodegradable materials for purposes like insulation and packaging, further helping the transition towards sustainability.

Companies Insight:

Leading companies in the United States Biodegradable Market are actively investing substantial funds in research and development to introduce innovative biodegradable plastic products that are both durable and readily degradable in natural environments. Key players in this market include BASF AG, Dow Chemicals, DuPont, Eastman Chemical Company, Green Dot Bioplastics, Novamont, Toray Industries, and WestRock.

Market Summary:

By Material Type:- The United States Biodegradable Market report covers Material type in 6 viewpoints (Starch Based, PLA( PolylacticAcid,), PHA (Polyhdroxyalcanotes), PBS (Polybutylene succinate), PBAT (Polybutyleneadipate terephthalate) and Others.)

By Application Type:- Report covers the United States Biodegradable Market by Material type in 4 viewpoints( Packaging, Consumer Goods, Agriculture, and Others)

United States Biodegradable Companies Covered in the report: BASF AG, Dow Chemicals, DuPoint, Eastman Chemical Company, Green Dot Bioplastics, Novamont, Toray Industries and Westrock.

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Renub Research is a Market Research and Information Analysis company with more than 14 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

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