Bioplastics & Biopolymers Market
expand the application area of bioplastics & biopolymers is anticipated to grow significantly in the coming years .
Global Bioplastics & Biopolymers Market : Segmentation
The global bioplastics & biopolymers market is categorized based on applications as agriculture , consumer products , packaging , automotive , bottles , and others . Based on the material type , the global market is fragmented as regenerated cellulose , bio-PE , starch blends , bio-PET , biodegradable polyester , PHA , and PLA . Of these , bio-PET is the leading material type segment in the global market . It is extensively used in the packaging and bottle application . Bio-PET manifests same properties as petroleum-based PET . It is an environment-friendly and recyclable product . Furthermore , the geographically , the global market is segmented as North America , Europe , Asia-Pacific , Latin America , and the Middle East & Africa .
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Global Bioplastics & Biopolymers Market : Regional Analysis
Europe is anticipated to witness considerable market growth in the next few years owing to the vast distribution network for bioplastics & biopolymers . However , Italy and Germany are major consumers of bioplastics & biopolymers due to higher revenue in the last few years . In addition , stringent environmental regulations by the government may enhance the global bioplastics & biopolymers market . It shows immense potential growth in next few years as these regulations have influenced all industries to use bioplastics & biopolymers in order to cause less environmental hazards . Russia is anticipated to grow significantly due to increasing economic