Biopolymer Films Market Share , Size , Analysis , Growth , Trends and Forecasts to 2024 | Hexa Research
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Biopolymer Films Market Share , Size , Analysis , Growth , Trends and Forecasts to 2024 | Hexa Research
" The global biopolymer films market , in terms of volume is expected to exceed 17 million tons by 2022 . It had a market demand of 5 million tons in 2013 . "
The global biopolymer films market is expected to exceed 17 million tons by 2022 . It had a market demand of 5 million tons in 2013 . This industry is driven by the preference for renewable materials in an attempt to reduce pollution . Bio-based polymers such as PTMT ( polytrimethylene terephthalate ), TPS ( thermoplastic starch ), PLA ( polylactic acid ), and PHA ( polyhydroxyalkonoates ) may reap favorable returns over the forecast period ( 2016-2024 ).
Biopolymers are polymers made from renewable sources . These are eco-friendly because they are derived from plant or animal sources . Moreover , they have the potential to reduce carbon emissions in the atmosphere . Demand for biopolymers stems from price competitiveness and regulations favoring commercial composting processes . High costs and supply side constraints could impede market growth . But it can be resolved if chemical companies collaborate with agribusiness companies to produce biopolymers .
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