Bioplastic Recycling Market to hit USD 94,320 Million by 2035| Says We Market Research

What is Bioplastic?
Bioplastics are derived from renewable sources such as corn starch, sugarcane, and algae. Unlike traditional plastics, which are petroleum-based, bioplastics are designed to reduce carbon footprints and environmental impact. They fall into two primary categories:

Biodegradable Bioplastics: These break down under specific conditions, such as in industrial composting facilities.

Non-Biodegradable Bioplastics: These behave similarly to conventional plastics but are made from renewable resources.

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Vapor Recovery Units Market is Estimated to Witness High Growth Owing to Increasing Stringent Air Pollution Regulations

The vapor recovery units market is primarily driven by the increasing stringency of air pollution regulations across various industries. Vapor recovery units facilitate the capture and recovery of volatile organic compound (VOC) emissions from petroleum marketing terminals, petroleum loading facilities, chemical and petrochemical plants, natural gasoline terminals, crude oil terminals, bulk plants and other industrial facilities.

They help prevent air pollution by recovering and transporting hydrocarbon vapors that are displaced during petroleum product loading, unloading or storage.
The vapor recovery units market is estimated to be valued at USD 520.5 Mn in 2025 and is expected to reach USD 640.6 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 3.0% from 2025 to 2032.

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Bitumen Market Growth is Driven by Increasing Road Constructions Across the Globe

According to Coherent Market Insights, The Global Bitumen Market is estimated to be valued at USD 66.26 Bn in 2025 and is expected to exhibit a CAGR of 1.4% over the forecast period 2025 to 2032.

Bitumen is a semi-solid form of petroleum that is extensively used in road construction due to its waterproofing and binding properties. Bitumen provides durability and strength to roads and is a prime material used in asphalt production. It is made by refining crude oil and finds application in construction of highways, pavements, and driveways. Bitumen offers excellent adhesion properties and enables roads to withstand heavy traffic and wear & tear over the years.

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Bioplastic Packaging Market to be driven by rising environmental concern

According to Coherent Market Insights, The Global Bioplastic Packaging Market is estimated to be valued at USD 10.64 Bn in 2025 and is expected to exhibit a CAGR of 12.5% over the forecast period 2025 to 2032.

The bioplastic packaging market has emerged as a sustainable alternative to conventional plastic packaging. Bioplastics are natural, biodegradable polymers derived from renewable biomass sources like vegetable fats and oils, corn starch, wheat, grass etc. instead of petroleum. Bioplastic packaging can be used across food & beverage, personal care, pharmaceutical and other end-use industries.

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India Liquefied Petroleum Gas Market size is expected to reach US$ 36.80 Mn. by 2026, growing at a CAGR of 5.74% during the forecast period.

What are the key materials used in eco-friendly stationery, and how do they differ from traditional options?
Sustainable office stationery uses key materials like recycled paper, bamboo, biodegradable plastics, and non-toxic inks. These materials reduce environmental impact compared to traditional options, which often rely on virgin paper, petroleum-based plastics, and chemical dyes. By choosing sustainable office stationery, businesses support eco-conscious practices, reduce waste, and promote long-term resource conservation in everyday office operations.
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The Petroleum Coke Market size was valued at USD 33.25 Billion in 2024 and the total Petroleum Coke revenue is expected to grow at a CAGR of 7.62% from 2025 to 2032, reaching nearly USD 59.83 Billion.

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LPG Gas Cylinder Market Outlook 2032 – Growing at 4.5% CAGR

The global LPG gas cylinder market is on an upward trajectory, projected to reach USD 9.65 billion by 2032. According to the latest study by DataIntelo, the market is expanding at a steady compound annual growth rate (CAGR) of 5.7% during the forecast period 2024–2032. This growth is primarily attributed to the rising adoption of liquefied petroleum gas (LPG) as a cleaner, more efficient fuel alternative across residential, commercial, and industrial sectors.
As governments around the world promote cleaner energy initiatives and phase out traditional fuels such as coal and firewood, LPG gas cylinders are playing a pivotal role in the global energy transition. The increased focus on energy accessibility in developing regions is also acting as a catalyst for market growth.

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Petroleum Resins: Driving Innovation and Growth in Global Industrial Materials
The petroleum resin encompasses multiple specialized segments, each addressing specific industrial requirements. Adhesive and packaging industries represent significant consumption areas, utilizing these resins for enhanced bonding, sealing, and performance improvements. Tire manufacturing, rubber compounding, and automotive sectors rely extensively on petroleum resins to optimize product durability and mechanical properties.
Petroleum resins represent a critical segment of the advanced materials industry, playing a pivotal role in numerous manufacturing and industrial applications. .
Petroleum Resins Market

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Barge Transportation Market to Expand Due to Inland Waterway Investments

The global barge transportation market offers a cost-effective and energy-efficient solution for moving bulk commodities such as coal, grain, petroleum products, and construction materials along rivers, canals, and coastal waterways. Barges provide high payload capacity at lower fuel consumption compared with road and rail modes, reducing greenhouse gas emissions and enabling improved supply-chain sustainability.

The versatility of barge fleets ranging from tanker barges to hopper barges supports diverse industries including agriculture, mining, energy and building materials. The relatively low operating cost, combined with rising congestion on highways and rail networks, has spurred investments in port infrastructure, lock modernization and inland waterway dredging.

Barge Transportation Market
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Application

The India LPG market was valued at USD 15 Billion in 2023 and is expected to grow at a strong CAGR of around 3.4% during the forecast period (2024-2032). Liquefied Petroleum Gas (LPG) Industry in India has grown and evolved remarkably recently. For ages, Indians have used biomass for cooking; the government has actively marketed LPG as a less pollutive and efficient fuel type.

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Bioplastic Recycling Market is Expected to reach USD 317.74 Billion by 2035 With Growing CAGR 12.3%

Bioplastic Recycling Market Information 2025–2035
Bioplastic Recycling Market Growth is expected to expand significantly between 2025 and 2035 due to improvements in recycling, laws, and environmental awareness. With a 12.3% yearly growth rate, it is projected to reach USD 317.74 billion by 2035 from its 2025 valuation of USD 182.58 billion.

What is Bioplastic?
Bioplastics originate from renewable resources, including maize starch, sugarcane, and algae. In contrast to conventional plastics, which are sourced from petroleum, bioplastics aim to diminish carbon footprints and environmental consequences.

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Bio lubricants are eco-friendly lubricants derived from renewable sources like vegetable oils. They offer excellent lubrication, biodegradability, low toxicity, and reduce environmental impact compared to conventional petroleum-based lubricants.

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Refined Petroleum Products Market was valued at US$ 675.95 Bn. in 2023. Global Refined Petroleum Products Market size is expected to grow at a CAGR of 5.1 % through the forecast period.

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