Renub Research's latest report, "United States Biodegradable Plastics Market, Size, Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis" the United States Biodegradable Plastics Market is estimated to reach US$ 2.18 billion by 2028. The United States is the richest developed country on Earth. The growing demand for greener and safer products is triggering innovations in the U.S. bio plastics industry. Biodegradable plastics are the type of plastics that undergo decomposition over some time under composting conditions. The global biodegradable plastics market accounts for less than 1% of the overall plastics market.
However, it is expected to proliferate over the next five years. One percent of the 360 million annually manufactured plastic tons can be listed as bio-plastics. The market for biodegradable plastic is growing in the U.S. due to increasing growth driven by continuous R&D activities, increased environmental awareness, and stringent e
