United States Biodegradable Polymers Market Insights Forecasts to 2033

• The Market is Growing at a CAGR of 5.42% from 2023 to 2033
• The U.S. Biodegradable Polymers Market Size is Expected to hold a significant share by 2033

The US Biodegradable Polymers Market is Anticipated to hold a significant share by 2033, growing at a CAGR of 5.42% from 2023 to 2033.

Market Overview

Biodegradable polymers belong to a unique class of polymers that undergo natural byproduct breakdown, producing water, biomass, inorganic salts, gases (CO2, N2), and biomass after their intended use. This process is carried out by bacteria. These manufactured and naturally occurring polymers are mostly composed of ether, amide, and ester functional groups. Their precise structure affects their characteristics and mode of disintegration. Metal catalysts, ring-opening polymerization, and condensation processes are frequently used to create these polymers. Fruit and vegetable films have drawn increased attention among the bio-based packaging materials that have been launched as a green alternative in recent decades due to their non-toxicity, wide range of availability, and affordability. These are the polymers that can break down due to the activity of microorganisms or enzymes in either aerobic or anaerobic environments. It is developed using components such as polyesters, cellulose, and starch. The most widely utilized polymers of this kind are aliphatic polyesters.

Report Coverage

This research report categorizes the market for United States biodegradable polymers market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the U.S. biodegradable polymers market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the US biodegradable polymers market.

Driving Factors

Manufacturers are focusing on producing bioplastics from renewable resources because they are generally less expensive than those created from microbial resources. Utilizing biodegradable polymers has advantages for the environment, including raw material regeneration, biodegradation, and a decrease in carbon dioxide emissions that contribute to global warming. Biodegradable polymers can be consumed by microorganisms including bacteria and fungi, which then turn them into H2O, CO2, and methane. Naturally, decomposing packaging materials are becoming more and more popular among both companies and customers. By doing this, they hope to mitigate the negative effects that typical plastics which degrade slowly and pose environmental risks have on the ecosystem. It is a component of a larger effort to make packaging more sustainable and environmentally friendly in general.

Restraining Factors

In several application categories, the market's growth is limited by the greater cost of biodegradable plastics compared to standard polymers. Plant-based raw materials, such as sugarcane or maize starch, are frequently used to make biodegradable polymers.

Market Segmentation

The US biodegradable polymers market share is classified into process and end use.

• The starch blends segment is anticipated to hold a significant share of the U.S. biodegradable polymers market during the forecast period.       

Based on the process, the United States biodegradable polymers market is divided into starch blends and polylactic acid. Among these, the starch blends segment is anticipated to hold a significant share of the U.S. biodegradable polymers market during the forecast period. Starch-based polymers, which are made from renewable resources including corn, potatoes, and wheat, are a desirable substitute for conventional plastics. They are employed in many different fields, such as packaging, farming, and disposable goods like dishes and silverware

• The packaging segment is anticipated to hold a significant share of the United States biodegradable polymers market during the forecast period.       

Based on the end use, the US broadcast automation market is divided into packaging, agriculture, textiles, and consumer goods. Among these, the packaging segment is anticipated to hold a significant share of the United States biodegradable polymers market during the forecast period. Biodegradable plastic packaging is growing quickly as consumers and organizations look for environmentally friendly substitutes for conventional plastic packaging. Materials such as starch, PLA, and other plant-based polymers are used to make biodegradable packaging, which reduces landfill waste and pollution as it breaks down naturally.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the US biodegradable polymers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• NatureWorks LLC
• Danimer Scientific
• TotalEnergies Corbion
• BASF SE
• Novamont S.p.A.
• Eastman Chemical Company
• Biome Technologies plc
• FKuR Kunststoff GmbH
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In October 2023, NatureWorks, an established producer of polylactic acid (PLA) biopolymers created from renewable resources, is making substantial progress on the development of its latest completely integrated Ingeo PLA biopolymer production facility in Nakhon Sawan Province, Thailand.

Market Segment

This study forecasts revenue at the U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States Biodegradable Polymers Market based on the below-mentioned segments:

United States Biodegradable Polymers Market, By Process

• Starch Blends
• Polylactic Acid

United States Biodegradable Polymers Market, By End Use

• Packaging
• Agriculture
• Textiles
• Consumer Goods