Abstract
US demand to grow nearly 20% annually through 2012
Demand for biodegradable plastic in the US is forecast to expand nearly 16
percent per year to 720 million pounds in 2012, valued at $845 million.
Average prices will continue to decline as a result of higher capacity and
greater production efficiencies, as well as price mixes reflecting fastest
growth for the lower priced resins. Myriad opportunities are anticipated based
on a more competitive pricing structure, increased competitiveness with
petroleum-based polymers, and growing environmental, governmental and consumer
initiatives for greater use of sustainable resources. Biodegradable plastic
applications are also being expanded by developing testing and certification
standards and enhanced performance properties brought about by more
sophisticated polymerization and blending techniques.
Study coverage
Biodegradable Plastics examines the biodegradable plastics industry in the US
by type and market. Historical data are presented (1997, 2002 and 2007), as
well as forecasts for 2012 and 2017 in pounds and dollars.
The market environment examines trends in markets such as film, bottle and
food packaging, as well as pricing factors, degradability standards and
international activity. The industry structure analyzes market share, reviews
merger and acquisition activity, research and development efforts and
international markets. In addition, the study also evaluates market share and
profiles 35 competitors active in the US industry.
|