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Bioplastics Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published Apr 15, 2025
Length 43 Pages
SKU # IBSS20009615

Description

Bioplastics Manufacturing in the US

During the current period, concerns over the future of petroleum-based plastics supported demand for recyclable and sustainable bioplastics. Volatility in the world price of crude oil influenced major plastics producers to search for an alternative. Despite oil price volatility, bioplastics still remain more expensive than petro-based products. Overall, revenue has been falling at a CAGR of 1.5% to $1.1 billion over the past five years, including an expected jump of 1.2% in 2023 alone. Profit is also expected to slump to 4.9% of revenue in 2023 from 7.6% in 2018.

The Bioplastics Manufacturing industry manufactures bioplastics, which are organic plastics derived from renewable biomass sources. Designed to biodegrade, bioplastics are made from sources such as vegetable oil, cornstarch, pea starch or microbiota.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

43 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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