Green Polymer Market is driven by Growing Environmental Concerns
The green polymer market has seen significant growth in recent years owing to the increasing awareness about the negative environmental impacts of conventional plastics. Green polymers are biodegradable and manufactured from renewable feedstocks such as corn or sugarcane instead of petroleum, which reduces dependence on fossil fuels. They can be composted after use and do not emit toxic or greenhouse gases. Key products in this industry include polylactic acid (PLA), Polyethylene terephthalate (PET), Polyhydroxyalkanoates (PHA), and Polybutylene succinate (PBS).
The green polymer market size is expected to reach US$ 74.95 Bn by 2030, from US$ 39.46 Bn in 2023, growing at a CAGR of 9.6% during the forecast period.
The growing demand for sustainable and eco-friendly products from industries such as packaging, textiles, automotive and construction is a major driver for the Green Polymer Market.
Get more insights on : https://nouw.com/siddhicmi/green-polymer-is-estimated-to-witness-high-growth-owing-to-bio-based-production-technologies-38631012
The green polymer market has seen significant growth in recent years owing to the increasing awareness about the negative environmental impacts of conventional plastics. Green polymers are biodegradable and manufactured from renewable feedstocks such as corn or sugarcane instead of petroleum, which reduces dependence on fossil fuels. They can be composted after use and do not emit toxic or greenhouse gases. Key products in this industry include polylactic acid (PLA), Polyethylene terephthalate (PET), Polyhydroxyalkanoates (PHA), and Polybutylene succinate (PBS).
The green polymer market size is expected to reach US$ 74.95 Bn by 2030, from US$ 39.46 Bn in 2023, growing at a CAGR of 9.6% during the forecast period.
The growing demand for sustainable and eco-friendly products from industries such as packaging, textiles, automotive and construction is a major driver for the Green Polymer Market.
Get more insights on : https://nouw.com/siddhicmi/green-polymer-is-estimated-to-witness-high-growth-owing-to-bio-based-production-technologies-38631012
Green Polymer Market is driven by Growing Environmental Concerns
The green polymer market has seen significant growth in recent years owing to the increasing awareness about the negative environmental impacts of conventional plastics. Green polymers are biodegradable and manufactured from renewable feedstocks such as corn or sugarcane instead of petroleum, which reduces dependence on fossil fuels. They can be composted after use and do not emit toxic or greenhouse gases. Key products in this industry include polylactic acid (PLA), Polyethylene terephthalate (PET), Polyhydroxyalkanoates (PHA), and Polybutylene succinate (PBS).
The green polymer market size is expected to reach US$ 74.95 Bn by 2030, from US$ 39.46 Bn in 2023, growing at a CAGR of 9.6% during the forecast period.
The growing demand for sustainable and eco-friendly products from industries such as packaging, textiles, automotive and construction is a major driver for the Green Polymer Market.
Get more insights on : https://nouw.com/siddhicmi/green-polymer-is-estimated-to-witness-high-growth-owing-to-bio-based-production-technologies-38631012
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