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Global Bioplastics And Biopolymers Market Growing At A CAGR Of 16.27% During The Forecast Period-GMI Research

Global Bioplastics And Biopolymers Market Growing At A CAGR Of 16.27% During The Forecast Period-GMI Research

Submitted by • February 18, 2019 www.gmiresearch.com

The report on “Global Bioplastics & Biopolymers Market by Type (Bio-PE, Bio-PET, Regenerated Cellulose, PolyHydroxyalkanoates), Application (Packaging, Bottles, Agriculture, Automotive, Textiles), and by Geography – Global Trends and Forecast to 2021”. The global bioplastics & biopolymers market was estimated at USD 3,587 billion in 2016 and is projected to reach USD 7,622 billion by the end of 2021, and is projected to witness a CAGR of 16.27% during the forecast period. Supportive government policies and regulations owing to lesser toxicity and low carbon content, growing concern for human health, and the global increase in consumers preferring bio-based and bio-degradable packaging are the major factors boosting the growth prospects of the bioplastics and biopolymers market.

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