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Bioplastics and Biopolymers Market Size and Growth Factors Research and Projection 2026

Market Size u2013 USD 6.69 Billion in 2018, Market Growth - CAGR of 15.7%%, Market Trends u2013 The advent of environmentally friendly products.

VijayKurane
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Bioplastics and Biopolymers Market Size and Growth Factors Research and Projection 2026

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  1. Bioplastics and Biopolymers Market To Reach USD 21.61 Billion By 2026

  2. Market Summary Market Size – USD 6.69 Billion in 2018, Market Growth - CAGR of 15.7%%, Market Trends – The advent of environmentally friendly products. The global bioplastics & biopolymers market is forecast to reach USD 21.61 Billion by 2026, according to a new report by Reports and Data. Bioplastics and biopolymers are extensively used in the packaging industry. Further key findings from the report suggest • Bio-Polyethylene terephthalate (Bio-PET) is forecasted to grow with a CAGR of 15.5% in the forecast period. Bio-Polyethylene terephthalate has a smaller carbon footprint, and can be degraded by micro- organisms, and composted. It also uses less energy for production while the goods made from this material are used for manufacturing bottles and food containers. • In the agro-based industries, Polylactic acid is widely used for packaging. This is because of the bio- degradability of this material. Polylactic acid (PLA) is used mostly in the present times as among the bio-polymers. PLA market is forecasted to grow with a CAGR of 15.8% during the forecast period. • Asia Pacific is estimated to grow with the highest CAGR of 16.6% during the forecast period. The abundance in the availability of raw materials for production, and the executive norms for shifting from orthodox plastic products, which are detrimental to the environment, to eco-friendly, bio-based ones is leading the market in this region to further growth. www.reportsanddata.com

  3. Market Summary Key Players: Corbion NV, Arkema, BASF SE, KURARAY, Eastman Chemical Company, Novamont, NatureWorks LLC, Celanese Corporation, Metabolix Holdings, and Braskem S.A., among others. Segmentation: Chemical Type Outlook (Volume, Kilo Tons; Revenue, USDBillion; 2016-2026) • Bio-Polyethylene terephthalate (Bio-PET) • Starch Blends • Polylactic Acid (PLA) • Polyamide • Polytrimethylene terephthalate (PTT) • Bio-polyethylene (Bio-PE) •Others To get a sample pdf, click here: https://www.reportsanddata.com/sample-enquiry-form/1824 www.reportsanddata.com

  4. Market Summary Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) • Bottles • Cups • Cans • Corrugated Cased • Boxes • Plates Regional Outlook for Bioplastics and Biopolymers Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Avail this report at Attractive Discount rates! Click here to know more @ https://www.reportsanddata.com/discount-enquiry-form/1824 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact- based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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