Bioplastics & Biopolymers Market, 2016 – 2024
Packaging industries use bioplastics & biopolymers on a large scale. Eco-friendly packagings are made from bio-based polymers.
Packaging industries use bioplastics & biopolymers on a large scale. Eco-friendly packagings are made from bio-based polymers.
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<strong>Bioplastics</strong> & <strong>Biopolymers</strong> <strong>Market</strong><br />
Global <strong>Bioplastics</strong> & <strong>Biopolymers</strong> <strong>Market</strong>: Overview<br />
Packaging industries use bioplastics & biopolymers on a large scale. Eco-friendly packagings are<br />
made from bio-based polymers. These bio-based polymers include starch-based polymers, PHA,<br />
and PLA. They are used in the various applications owing to its biodegradable nature, that is,<br />
they rapidly decompose. The bioplastics & biopolymers are used in the end-use industries,<br />
mainly in bottling and packaging industries.<br />
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Global <strong>Bioplastics</strong> & <strong>Biopolymers</strong> <strong>Market</strong>: Growth Factors<br />
The strict regulations set by the government regarding the environment result in carbon<br />
reduction by the major manufacturers, which is expected to foster the global bioplastics &<br />
biopolymers market growth in the near future. In addition, fluctuations in the oil prices lead the<br />
companies to search for another stable source of raw material. Moreover, rising consumer<br />
awareness regarding sustainable environment may foster the global market in a positive way.<br />
Improved lifestyle and demand for high-quality products also influence the global bioplastics &<br />
biopolymers market growth. Furthermore, higher investment on R&D by the manufacturers to
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