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Bioplastics in the USA

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Bioplastics in the USA

  1. 1. Bioplastics in the USA Industry Continues to Grow and Innovate 2007 Revenue increased at an annualized rate of 2012 2017 4.3% to $ 84.2M from 2007 to 2012 Revenue is forecasted to grow at an annualized rate of 5.5% to $ 110.2M from 2012 to 2017 Industry Concentration MI 5.0 % IL OH MA 7.5% 5.6 % 3.4% NJ PA IN CA 5.4% 3.0 % 10.1% 4.3% NC 4.0 % GA TX 3.7% 9.9% Product Groups by Revenue 15% Other 21% Glucose-based Bioplastics 9% By 2016 Bottles will account for more than Synthetic-based Bioplastics 15% 54% Cellulose-based Bioplastics of the Bioplastics Market 40% Starch-based Bioplastics Key Industries Buying Bioplastics Key Industries in Bioplastics Manufacturing Plastic Film, Sheet & Bag Manufacturing Corn Farming Laminated Plastics Manufacturing Inorganic Chemical Manufacturing Polystyrene Foam Manufacturing Petroleum Refining Plastic Bottle Manufacturing Soybean Farming Sources : IBISWorld Industry Report OD4512 Bioplastics Manufacturing in the US, Institute for Bioplastics and Biocomposites PlasticsToday.com The Global Community for Plastics Professionals

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