Bioplastics Industry Highlights:
Globally, the market for Bioplastic market is increasing due to various industries such as packaging, consumer goods, automotive industry and others. The growing segment is packaging due to Government’s drive towards achieving a ‘zero waste’ economy, through reducing waste and increasing recycling, has fostered an increased consciousness of resource efficiency. This awareness has indirectly promoted the use of bioplastic products.
As per analysis, emerging economies like China, U.S and are increasing productions with rise in use of Bioplastic. APAC has seen as key market player in economy followed by North America, Europe and Row.
The key players of Bioplastics Industry report BASF SE, Braskem S.A., Corbion NV, Metabolix Inc., Bio-On S.P.A., Novamont S.P.A, Toray Industries, Plantic Technologies Ltd, Natureworks LLC, Evonik Industries, and Arkema.
The scope of the study categorizes the Bioplastic market as type, and application.
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