Polyglycolic Acid Market to Witness a Significant Demand from the Packaging Industry by 2024
Polyglycolic acid market is poised to have strong demand in accordance with the modern trends in the packaging sector by 2024. The packaging industry focus has been consistently drifted to the usage of compostable and degradable polymers. Approval of polyglycolic acid (polyglycolide) as a biodegradable plastic by the U.S., Japan and Europe governments present strong prospects for product demand. When polyglycolide is used in multi-layered PET bottles as an inner layer, the bottle can be recycled using standard PET recycling...
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