Bioplastics & Biopolymers Global Market Expected to Reach $7.66 Billion with 13.7% CAGR Forecast to 2022
According to Stratistics MRC, the Global Bioplastics & Biopolymers market is expected to grow from $3.12 billion in 2015 to reach $7.66 billion by 2022 with a CAGR of 13.7%. Increased consciousness and strict government regulations towards environment policies are favoring the market growth. In addition, volatility in crude oil prices is driving the manufacturers to adopt bioplastics & biopolymers as a substitute to raw material, which is the key factor fueling the market growth. On the other hand, performance...
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