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