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U.S. biodegradable plastic market value 2014-2025

Biodegradable plastics had a market value amounting to approximately 645 million U.S. dollars in 2017. This figure is forecast to increase to 1.77 billion U.S. dollars by 2025. Biodegradable plastics are expected to help to mitigate the environmental pressures associated with conventional, single use plastics, though biodegradable plastics have a few shortcomings as well. The leading end-use sector of biodegradable plastics is packaging, both flexible and rigid.

Market value of biodegradable plastics in the United States from 2014 to 2025

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Sources

Release date

October 2019

Region

United States

Survey time period

2014 to 2017

Supplementary notes

*Forecast. Figures for 2016 to 2025 are estimates.

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Statistics on "United States plastic industry"

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