Market Forecast by Countries (United States, Canada), By Type (Biodegradable, Non-Biodegradable/ Bio-Based), By End Use Industry (Packaging, Consumer Goods, Textiles, Agriculture & Horticulture, Automotive & Transport, Coatings & Adhesives) And Competitive Landscape
Product Code: ETC4622321 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Bioplastics & Biopolymers Market |
Forecast Period | 2025-2031 |
Market Size | USD 3,040 million by 2031 |
CAGR | 5.26% |
Growing Sector | Packaging |
North America Bioplastics & Biopolymers Market report thoroughly covers the market By Countries, By Type, and By End Use Industry. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America bioplastics and biopolymers market is expected to reach USD 3,040.20 million by 2031. It is estimated to grow at a CAGR of 5.26% from 2025 to 2031. This growth is driven by factors such as increasing consumer demand for sustainable and eco-friendly products, government initiatives promoting the use of biodegradable materials, and rising awareness about environmental concerns.
North America Bioplastics & Biopolymers Market is experiencing a burgeoning growth, driven by increasing awareness of environmental sustainability and the need to reduce reliance on traditional plastics. The factors such as governmental support, investment in research and development, and growing consumer demand for eco-friendly products are propelling this market forward. This market, poised for expansion, is anticipated to play a crucial role in North America's sustainability efforts and economic growth in the coming years.
According to 6Wresearch, the North America Bioplastics & Biopolymers Market size is expected to grow exponentially, reaching a CAGR of 5.26% during the forecast period of 2025-2031. The growth is driven by an increasing emphasis on reducing plastic pollution and promoting sustainable materials. Among the major growth factors are the stringent government policies aimed at mitigating environmental impact, which are pushing industries towards biodegradable alternatives.
Additionally, the expanding packaging sector, particularly in the food and beverage industry, and growing awareness about the benefits of bioplastics among consumers are bolstering the North America Bioplastics & Biopolymers Market Growth. However, the industry faces restraints such as high production costs compared to conventional plastics and the limited availability of raw materials. Despite these challenges, emerging opportunities are on the rise, particularly in the agricultural sector where biodegradable mulch films offer immense potential. Technological innovations aimed at improving the performance and reducing the cost of bioplastics also present significant growth prospects for the market in this region.
The North America bioplastics and biopolymers market is witnessing several novel trends that are expected to shape the industry's future. Innovations such as the development of bio-based polyethylene and polylactic acid (PLA) films, which have similar characteristics and performance as their traditional counterparts, are gaining traction in various applications. Furthermore, partnerships and collaborations between key players in the industry and government agencies for research and development of new biodegradable materials are also contributing to market growth.
The North America bioplastics and biopolymers market presents significant investment opportunities for companies looking to expand their operations or enter new markets. With a growing demand for sustainable products and the support of government policies, investing in research and development of new biodegradable materials or expanding production capabilities can yield high returns.
Moreover, collaborations with local governments and organizations focused on promoting sustainability can provide access to funding and resources for companies looking to enter the market. The rising popularity of eco-friendly packaging solutions also presents lucrative investment prospects for players in the packaging industry.
The North America bioplastics and biopolymers market is highly competitive, with several key players vying for a larger share of the market. Some of the leading companies operating in this market include Natureworks LLC, Novamont S.p.A., BASF SE, Danimer Scientific, Total Corbion PLA, Braskem S.A., Mitsubishi Chemical Corporation, DowDuPont Inc., Biome Technologies Plc, and Futerro SA. These companies are at the forefront of innovation, driven by a commitment to eco-friendly materials and processes. Their efforts are supported by a network of academic and research institutions, collaborating to enhance the performance and application range of bioplastics and biopolymers.
Governmental support plays a crucial role in driving the growth of the bioplastics and biopolymers market in North America. The use of traditional plastics is being increasingly regulated due to growing concerns about their environmental impact, leading to strict policies aimed at reducing plastic waste. For instance, the Canadian government has set a goal for all plastics in Canada to be reusable or recyclable by 2030 and is investing in research and development of sustainable materials.
Similarly, the U.S. government has passed legislation such as the Plastics Reduction Act, which aims to reduce plastic waste through initiatives such as extended producer responsibility and promoting compostable materials. Such regulations provide a conducive environment for companies operating in the bioplastics and biopolymers industry, spurring market growth.
The future of the North America bioplastics and biopolymers market looks promising, with continued efforts towards sustainability and a shift towards eco-friendly products. The increasing demand for sustainable packaging solutions, coupled with technological advancements in production processes, is expected to drive market growth in the coming years. Additionally, continued government support and global collaboration could further stimulate market expansion. However, challenges such as cost competitiveness with conventional plastics and the need for infrastructure development remain.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
The US is expected to hold the largest share in the North America bioplastics and biopolymers market, driven by a well-established packaging industry and increasing demand for sustainable materials.
According to Dhaval, Research Manager, 6Wresearch, the Biodegradable segment is experiencing tremendous growth due to expanding consumer and regulatory demand for materials that can break down naturally and minimize environmental impact.
By End-Use, the Packaging sector emerges as the leading segment, primarily driven by the escalating demand for sustainable packaging solutions, particularly in the food and beverage industry, as consumers increasingly prefer eco-friendly packaging options.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Bioplastics & Biopolymers Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Bioplastics & Biopolymers Market Revenues & Volume, 2021 & 2031F |
3.3 North America Bioplastics & Biopolymers Market - Industry Life Cycle |
3.4 North America Bioplastics & Biopolymers Market - Porter's Five Forces |
3.5 North America Bioplastics & Biopolymers Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Bioplastics & Biopolymers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 North America Bioplastics & Biopolymers Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 North America Bioplastics & Biopolymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Bioplastics & Biopolymers Market Trends |
6 North America Bioplastics & Biopolymers Market, 2021 - 2031 |
6.1 North America Bioplastics & Biopolymers Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 North America Bioplastics & Biopolymers Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
7 United States Bioplastics & Biopolymers Market, 2021 - 2031 |
7.1 United States Bioplastics & Biopolymers Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 United States Bioplastics & Biopolymers Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
8 Canada Bioplastics & Biopolymers Market, 2021 - 2031 |
8.1 Canada Bioplastics & Biopolymers Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 Canada Bioplastics & Biopolymers Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
9 North America Bioplastics & Biopolymers Market Key Performance Indicators |
10 North America Bioplastics & Biopolymers Market - Opportunity Assessment |
10.1 North America Bioplastics & Biopolymers Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Bioplastics & Biopolymers Market Opportunity Assessment, By Type, 2021 & 2031F |
10.3 North America Bioplastics & Biopolymers Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
11 North America Bioplastics & Biopolymers Market - Competitive Landscape |
11.1 North America Bioplastics & Biopolymers Market Revenue Share, By Companies, 2024 |
11.2 North America Bioplastics & Biopolymers Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |