Axiom Market Research & Consulting added a, “Bioplastic Market Report, By Type, Application and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024” Bio-plastics are replacing plastics originated from polymers. Bio-plastics are now being manufactured from biomass sources such as vegetable oils (hemp oil, soybean oil) and certain starches (corn starch, sweet potato).
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Bioplastic Market Analysis:
Growing concern for environmental conservation, consumer shift towards organic and environment-friendly alternatives as compared to the petroleum-based products and raising focus of the government and regulatory authorities are some key factors that are driving the global market.
However, increasing raw materials cost coupled with surging dependence on petroleum-based bio-plastics are hindering the market growth.
Bioplastic Market Segmentation Based On:
2. Non-biodegradable plastic
2. Agriculture and horticulture
5. Building and construction
6. Energy storage
7. Food service disposables
8. 3D printing
1. North America
3. Asia Pacific
4. Latin America
5. Middle East & Africa
Brows Full Report Details:
Leading Partners of Thermal Interface Materials Market:
BASF SE, Biome Technologies Plc., Braskem S.A., Corbion Purac, FKuR Kunststoff GmbH, Indorama Ventures Public Company Limited., Innovia Films, Natureworks LLC., Novamont S.p.A, SECOS Group Ltd. (Cardia Bioplastics), Toray Industries Inc., Evonik Industries, Arkema, Cardia Bioplastics, RTP Company, Techno polymer Co. Ltd., E. I. du Pont de Nemours and Company and among others.
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