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
(in million U.S. dollars)
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Statista. (October 9, 2019). Market value of biodegradable plastics in the United States from 2014 to 2025 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www.statista.com/statistics/1058523/us-biodegradable-plastic-market-value/
Statista. "Market value of biodegradable plastics in the United States from 2014 to 2025 (in million U.S. dollars) ." Chart. October 9, 2019. Statista. Accessed November 13, 2024. https://www.statista.com/statistics/1058523/us-biodegradable-plastic-market-value/
Statista. (2019). Market value of biodegradable plastics in the United States from 2014 to 2025 (in million U.S. dollars) . Statista. Statista Inc.. Accessed: November 13, 2024. https://www.statista.com/statistics/1058523/us-biodegradable-plastic-market-value/
Statista. "Market Value of Biodegradable Plastics in The United States from 2014 to 2025 (in Million U.S. Dollars) ." Statista, Statista Inc., 9 Oct 2019, https://www.statista.com/statistics/1058523/us-biodegradable-plastic-market-value/
Statista, Market value of biodegradable plastics in the United States from 2014 to 2025 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1058523/us-biodegradable-plastic-market-value/ (last visited November 13, 2024)
Market value of biodegradable plastics in the United States from 2014 to 2025 (in million U.S. dollars) [Graph], Statista, October 9, 2019. [Online]. Available: https://www.statista.com/statistics/1058523/us-biodegradable-plastic-market-value/
