Bioplastics Market Size, Share, Growth, Trends, Statistics Analysis 2032
The bioplastics market size was valued at USD 12.3 Billion in 2022 and is anticipated to reach USD 64.2 Billion by 2032 at a CAGR of 18.1%. The market is experiencing notable growth due to increasing awareness of the detrimental impact of plastic accumulation on the environment.
Request Sample Report: https://datahorizzonresear...
Bioplastics, crafted from renewable sources rather than conventional plastics derived from fossil fuels, play a pivotal role in this trend. The International Energy Agency (IEA) reports that petrochemical feedstock, which is utilized in the production of plastics and various chemicals, contributes to 12% of global oil consumption.
The bioplastics market size was valued at USD 12.3 Billion in 2022 and is anticipated to reach USD 64.2 Billion by 2032 at a CAGR of 18.1%. The market is experiencing notable growth due to increasing awareness of the detrimental impact of plastic accumulation on the environment.
Request Sample Report: https://datahorizzonresear...
Bioplastics, crafted from renewable sources rather than conventional plastics derived from fossil fuels, play a pivotal role in this trend. The International Energy Agency (IEA) reports that petrochemical feedstock, which is utilized in the production of plastics and various chemicals, contributes to 12% of global oil consumption.
07:38 AM - Apr 04, 2024 (UTC)
