
U.S. and Europe Industrial Hemp-Based Bioplastics Market
Description
The U.S. and Europe industrial hemp-based bioplastics market is estimated to be valued at USD 125.3 Mn in 2025 and is expected to reach USD 268.4 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 11.5% from 2025 to 2032. The U.S. and Europe industrial hemp-based bioplastics market represents a transformative segment within the broader sustainable materials industry, driven by the convergence of environmental consciousness, regulatory support for hemp cultivation, and technological advancements in bioplastic manufacturing. Industrial hemp, derived from cannabis sativa varieties containing less than 0.3% tetrahydrocannabinol (THC), has emerged as a promising feedstock for bioplastic production due to its rapid growth cycle, carbon sequestration capabilities, and renewable nature.
Market Dynamics
The U.S. and Europe industrial hemp-based bioplastics market is propelled by several key drivers, primarily the escalating environmental concerns and stringent regulatory frameworks targeting plastic waste reduction, with governments implementing bans on single-use plastics and mandating sustainable packaging solutions across industries. The growing corporate sustainability initiatives and ESG commitments from major brands are accelerating adoption, as companies seek to reduce their carbon footprint and meet consumer expectations for environmentally responsible products.
Key Features of the Study
Market Dynamics
The U.S. and Europe industrial hemp-based bioplastics market is propelled by several key drivers, primarily the escalating environmental concerns and stringent regulatory frameworks targeting plastic waste reduction, with governments implementing bans on single-use plastics and mandating sustainable packaging solutions across industries. The growing corporate sustainability initiatives and ESG commitments from major brands are accelerating adoption, as companies seek to reduce their carbon footprint and meet consumer expectations for environmentally responsible products.
Key Features of the Study
- This report provides in-depth analysis of the U.S. and Europe industrial hemp-based bioplastics market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the U.S. and Europe industrial hemp-based bioplastics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include leading bioplastic manufacturers, hemp processing companies, and sustainable materials innovators operating in the U.S. and Europe markets.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, the market expansion, and marketing tactics.
- The U.S. and Europe industrial hemp-based bioplastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. and Europe industrial hemp-based bioplastics market.
- Hemp Type Insights (Revenue, USD Mn, 2020 - 2032)
- Hemp Hurd (Shiv)
- Hemp Bast Fiber
- Hemp Powder/Flour
- Blended Hemp Fiber
- Other Hemps (Hemp Cellulose, Hemp Bio-Oil, etc.)
- Product Type Insights (Revenue, USD Mn, 2020 - 2032)
- Hemp-reinforced biocomposites
- Cellulose-derived plastics
- Lignin-filled bioplastics
- Bio-polyurethanes
- Thermoset biocomposites
- Others (Films & sheets, 3D-printing filaments, etc.)
- Application Insights (Revenue, USD Mn, 2020 - 2032)
- Packaging
- Automotive & Transportation
- FMCG & Consumer Durables
- Industrial/Manufacturing
- Others (Agriculture & Landscaping, Textiles, Medical, etc.)
- Distribution Channel Insights (Revenue, USD Mn, 2020 - 2032)
- Direct-to-project Supply (B2B bulk sales)
- Distributors / Building Material Merchants
- Online B2B Platforms
- Key Players Insights
- HempFlax Group
- Hemp Plastic Company
- INCA Renewtech
- Terramer
- Hemp Foundation
- Cavac Biomateriaux
- Cannopy Corporation, INC.
- HempGazette
- EnviroTextiles LLC.
- Bifrost Bioplastic
- Green Dot Bioplastics
Table of Contents
120 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Hemp Type
- U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Product Type
- U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Application
- U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Distribution Channel
- U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Region
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
- 4. U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Hemp Type, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Hemp Hurd (Shiv)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Hemp Bast Fiber
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Hemp Powder/Flour
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Blended Hemp Fiber
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Other Hemps (Hemp Cellulose, Hemp Bio-Oil, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- 5. U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Product Type, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Hemp-reinforced biocomposites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Cellulose-derived plastics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Lignin-filled bioplastics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Bio-polyurethanes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Thermoset biocomposites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Others (Films & sheets, 3D-printing filaments, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- 6. U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Application, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Packaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Automotive & Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- FMCG & Consumer Durables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Industrial/Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Others (Agriculture & Landscaping, Textiles, Medical, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- 7. U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Distribution Channel, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Direct-to-project Supply (B2B bulk sales)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Distributors / Building Material Merchants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Online B2B Platforms
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- 8. Competitive Landscape
- HempFlax Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hemp Plastic Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- INCA Renewtech
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Terramer
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hemp Foundation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Cavac Biomateriaux
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Cannopy Corporation, INC.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- HempGazette
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- EnviroTextiles LLC.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Bifrost Bioplastic
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Green Dot Bioplastics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- 9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 10. References and Research Methodology
- References
- Research Methodology
- About Us
- *Browse 32 market data tables and 28 figures on 'U.S. and Europe Industrial Hemp-Based Bioplastics Market' - forecast to 2032
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