Biodegradable Plastic Market Worldwide Industry Analysis and New Market Opportunities Explored, Forecast to 2026
Biodegradable plastics is mainly segmented into polyhydroxyalkanoates (PHA), polylactic acid (PLA), polybutylene succinate (PBS) and polycaprolactone (PCL). Further analysis of the application segment indicates the packaging industry to be the lead employer of biodegradable plastics. Increasing demand of biodegradable plastics owing to stringent regulations as a major packaging equipment in food & beverage, fabrics, pharmaceuticals and consumer products is all set to stroke the market with abundant demand.
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