Bioplastics Manufacturing in the US: Market Research Report

The Bioplastics Manufacturing industry has experienced steady growth in the five years to 2012 thanks to concerns over petroleum-based plastics and the rise of crude oil prices. Those concerns combined with a steady flow of government research assistance allowed the industry to thrive even through the recession. However, questions abound about the industry's use of food inputs and the biodegradability of its products. Despite these challenges, IBISWorld expects this industry to grow steadily through 2017.... purchase to read more

The US Bioplastics Manufacturing industry has a low level of concentration. The four largest industry participants hold a combined market share less than 13.0% of revenue. Concentration has edged down over the past few years, reflecting the entry of new industry participants that produce bioplastics from a range of renewable sources. This downward trend is expected to continue as more firms enter the market. New firms will welcome the opportunity to produce for a small number of markets because these new markets will feature the potential of higher revenue in the long run. Increased regulations will assist this transition as more barriers are placed on the use of traditional plastics... purchase to read more