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Biopolymers Market to Reach USD 47.4 Billion by 2032 Driven by Rising Demand for Healthcare Applications | Report by SNS Insider [Yahoo! Finance]

DuPont de Nemours, Inc. (DD) 
Last dupont de nemours, inc. earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.dupont.com
Company Research Source: Yahoo! Finance
applications in healthcare, agriculture, and textiles, which are driven by sustainability initiatives. Austin, Dec. 21, 2024 (GLOBE NEWSWIRE) -- The SNS Insider report indicates that, “ The Biopolymers Market size was valued at USD 17.5 billion in 2023, and is expected to reach USD 47.4 billion by 2032, and grow at a CAGR of 11.7% over the forecast period 2024-2032. ” The biopolymers market is experiencing robust growth driven by the increasing demand for sustainable and environmentally friendly materials across various industries. The shift towards biodegradable and compostable materials, spurred by growing environmental concerns, has encouraged manufacturers to invest in biopolymer technologies. According to a report from the European Bioplastics Association, global production capacities for bioplastics are expected to reach 2.87 million tons by 2025, demonstrating a significant increase from previous years. This growth is supported by favorable regulations, such as the European Show less Read more
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