DUBLIN--(BUSINESS WIRE)--The "United States Biodegradable Plastics Market Forecast by Type (Starch Based, PLA, PHA, PBS, PBAT, Others), End-User, Raw Materials, Company Analysis & Forecast" report has been added to ResearchAndMarkets.com's offering.
According to this report the United States Biodegradable Plastics Market is expected to grow with double-digit CAGR and reach US$ 1. 5 Billion by 2026.
Biodegradable plastics are plastics, which can be decomposed into the soil, carbon dioxide, and biomass by the action of living organisms, usually microbes. Usually, biodegradable plastics are manufactured from petrochemicals, microorganisms, recycled raw materials, or all three combinations. New food packaging, dried snacks & candy, bakery products, water & juice cups, and meat trays are widely used in packaging materials made from these plastics. Biodegradable plastics are also used as cup coatings and as drink films & card collection.
A ban on disposable foam food containers and packaging, carryout bag fees, and compulsory collection of plastic recycling may all become part of a nationwide plastic waste bill currently in its early stages. Recently, the government of the United States issued a draft of legislation that they intend to implement in the fall, after collecting suggestions from consumers and companies. The outline of the bill focuses on increasing the duty on plastic manufacturers to handle waste, helping to pay for recycling and raising awareness of plastic environmental footprint that can become garbage. Today various kinds of plastic become garbage such as food containers, cups and lids, plastic cigarette butts, wet wipes, balloons, and lightweight plastic bags. The bill will include opportunities to create less polluting alternatives, although there are no details in the outline.
Research & Development costs also make up a majority of the investment in bio-plastics and affect the prices of materials and goods. Besides, due to pandemic COVID-19 oil prices has hit rock bottom. So because of low oil prices, it currently makes it impossible for bio-plastics to meet competitive market levels as opposed to conventional plastics.
- Green Dot Bioplastics
- Dow Chemicals
- Eastman Chemical Company
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
5. SWOT Analysis
6. Government Initiatives
7. United States Biodegradable Plastics Market
8. Market Share - United States Biodegradable Plastics
9. Type - United States Biodegradable Plastics Market
9.1 Starch Based
9.2 PLA (Polylactic Acid)
9.3 PHA (Polyhydroxyalcanoates)
9.4 PBS (Polybutylene succinate)
9.5 PBAT (polybutylene adipate terephthalate)
10. End-Users - United States Biodegradable Plastics Market
10.1 Food packaging, dishes, cutlery, bags
10.2 Compost bags
10.3 Foam Packaging
10.4 Agriculture and Horticulture
10.5 Paper coatings
11. Technological Snapshot
11.1 Biodegradable Production Process
11.2 Biodegradation of Different Polymers by Microorganisms
11.3 Ecotoxicological Studies on Biodegradable Polymers
11.4 Interrelationship between Conventional, Bio-Based and Biodegradable Plastics
12. Raw Material
12.1 List of Raw Materials
12.1.1 Starch Based
12.1.2 PLA (Polylactic Acid)
12.1.3 PHA (Polyhydroxyalcanoates)
12.1.4 PBS (Polybutylene succinate)
12.1.5 PBAT (polybutylene adipate terephthalate)
12.2 Properties of Raw Materials
13. Company Analysis
For more information about this report, visit https://www.researchandmarkets.com/r/2y53s6.