Bioplastics Feedstock: Unlocking Potential from Renewable Resources
Bioplastics and biopolymers are sustainable alternatives to traditional petroleum-based plastics. They are derived from renewable sources like plant starch, vegetable oils, or even waste materials. Bioplastics encompass a wide range of materials, including bio-based and biodegradable plastics. According to recent market research “Bioplastics & Biopolymers Market by Type (Non-Biodegradable/Bio-Based,...
Market Forecast: Bioplastics and Biopolymers Revolutionizing the Plastic Industry
In recent years, there has been a significant surge in global awareness and concern about environmental sustainability. One sector that has gained immense attention is the plastics industry, which is notorious for its detrimental impact on ecosystems. In response to this, the development and adoption of bioplastics and biopolymers have emerged as promising alternatives. This article presents a comprehensive...
High potential in emerging countries of APAC Driving The Bioplastics & Biopolymers Market
Global bioplastics & biopolymers market size is projected to grow from USD 10.7 billion in 2021 to USD 29.7 billion by 2026, at a CAGR of 22.7% between 2021 and 2026. Bioplastics are plastics derived from renewable sources such as corn, potatoes, rice, soy, sugarcane, wheat, and vegetable oil, while biopolymers are naturally occurring polymers. A bioplastic may or may not be biodegradable....
Market Leaders – Bioplastics & Biopolymers Market
The market size of bioplastics & biopolymers is estimated at USD 6.95 billion in 2018 and is projected to reach USD 14.92 billion by 2023, at a CAGR of 16.5% from 2018 to 2023. Increasing the use of bioplastics in the packaging industry, increase in waste management regulations in Europe, favorable government policies, increased focus on bio-based content rather than biodegradability, and growing...