Rising Concerns over Plastic Pollution to Augment the Bio-Based Biodegradable Plastics Market Growth
Bio-based biodegradable plastic is produced from renewable resources such as vegetable oil, wheat, sugarcane, soy, rice, potatoes, corn, etc. For example, bio-based polyethylene is a bio-based biodegradable plastic that is produced by using sugar cane, polyhydroxybutyrate is produced from microbial synthesis, and polylactic acid is derived from starch. Moreover, bio-based biodegradable plastics help reduce dependence on non-renewable materials such as petroleum-based products. It also helps in reducing greenhouse gases by 35%. Bio-based biodegradable plastics have shown significant growth after replacing traditional plastics due to improved functionality, environmentally friendly nature, and suitability for new applications in various industries. This is why bio-based biodegradable plastics are being used in various end-use industries such as electronics, construction, automotive, packaging, etc. The increasing demand for bio-based biodegradable plastics from the various end-use i...