North America Bio-based Plastics Market Size & Outlook
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North America bio-based plastics market highlights
- The North America bio-based plastics market generated a revenue of USD 1,788.4 million in 2024.
- The market is expected to grow at a CAGR of 8.8% from 2025 to 2033.
- In terms of segment, bio-pet (polyethylene terephthalate) was the largest revenue generating product type in 2024.
- PLA (Polylactic Acid) is the most lucrative product type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2033.
North America data book summary
| Market revenue in 2024 | USD 1,788.4 million |
| Market revenue in 2033 | USD 3,788.6 million |
| Growth rate | 8.8% (CAGR from 2025 to 2033) |
| Largest segment | Bio-pet (polyethylene terephthalate) |
| Fastest growing segment | PLA (Polylactic Acid) |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bio-PE (Polyethylene), Bio-PET (Polyethylene Terephthalate), PLA (Polylactic Acid), PHA (Polyhydroxyalkanoates), Starch Blends, Bio-based Polyamides, Bio-based Polyurethanes, Other Products |
Other key industry trends
- In terms of revenue, North America region accounted for 23.4% of the global bio-based plastics market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,110.5 million by 2033.
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Bio-based Plastics Market Scope
Bio-based Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TotalEnergies Corbion | View profile | 51-100 | Gorinchem, Zuid-Holland, The Netherlands, Europe | https://www.totalenergies-corbion.com/ |
| Danimer Scientific | View profile | - | - | - |
| NatureWorks LLC | View profile | - | - | - |
| Novamont SpA | View profile | - | - | - |
| Biome Bioplastics | View profile | 11-50 | Southampton, Southampton, United Kingdom, Europe | https://biomebioplastics.com |
| Basf SE ADR | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Avantium NV | View profile | 249 | Zekeringstraat 29-31, Amsterdam, Netherlands, 1014 BV | https://www.avantium.com |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Braskem SA ADR | View profile | 8569 | Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, Brazil, CEP 05501-050 | https://www.braskem.com.br |
North America bio-based plastics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio-based plastics market will help companies and investors design strategic landscapes.
Bio-pet (polyethylene terephthalate) was the largest segment with a revenue share of 26.32% in 2024. Horizon Databook has segmented the North America bio-based plastics market based on bio-pe (polyethylene), bio-pet (polyethylene terephthalate), pla (polylactic acid), pha (polyhydroxyalkanoates), starch blends, bio-based polyamides, bio-based polyurethanes, other products covering the revenue growth of each sub-segment from 2021 to 2033.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America bio-based plastics market , including forecasts for subscribers. This continent databook contains high-level insights into North America bio-based plastics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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North America bio-based plastics market size, by country, 2021-2033 (US$M)
North America Bio-based Plastics Market Outlook Share, 2024 & 2033 (US$M)
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