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Stock impact report

Biodegradable Polymers Market to Reach $55.2 Billion, Globally, by 2033 at 21.5% CAGR: Allied Market Research [Yahoo! Finance]

Danimer Scientific, Inc. (DNMR) 
Company Research Source: Yahoo! Finance
are leading to the development of new biodegradable polymers with improved properties, opening up new possibilities for applications in various industries. However, high production cost as compared to traditional plastics is expected to restrain the growth of the biodegradable polymers market during the forecast period. WILMINGTON, Del. Aug. 21, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Biodegradable Polymers Market by Material Type (Polylactic Acid, Polyhydroxyalkanoates, Starch Blends, Polybutylene Succinate and Polyhydroxyurethanes) and Application (Packaging, Agriculture, Medical, Consumer Goods, Textile and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033" . According to the report, the biodegradable polymers market was valued at $7.9 billion in 2023, and is estimated to reach $55.2 billion by 2033, growing at a CAGR of 21.5% from 2024 to 2033. Prime determinants of growth The global biodegradable polymers market is experie Show less Read more
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