Bioplastics Market Size to Worth Around USD 104.82 Bn by 2034 [Yahoo! Finance]
Trinseo PLC Ordinary Shares (TSE)
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Source: Yahoo! Finance
Ottawa, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The Asia Pacific bioplastics market size was valued at USD 7.02 billion in 2023 and is expected to hit around USD 43.50 billion by 2034 with a CAGR of 18.04% from 2024 to 2034. The bioplastics market is driven by changing consumer preferences, shift toward sustainable products, and rising environmental concerns. The market is expanding at a rapid pace due to stringent regulations to minimize the consumption of conventional plastics and the rising production of bioplastics. Immediate Delivery is Available | Request a Sample Copy of the Report@ https://www.precedenceresearch.com/sample/2148 Plastic is one of the most used petroleum derivatives. It takes more than 1000 years to decompose, leading to environmental pollution. However, bioplastics are eco-friendly and biodegradable materials that are derived from renewable sources, and they do not cause pollution and are flexible. They are already in use in the textile and healthcare industries
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