Using renewable resources, bioplastic is a collection of biodegradable polymers. Since they heavily rely on the oil and gas industry for their raw materials, like naphtha, conventional plastics are risky due to their effects on the environment. For example, food products, electronics, and casings are all frequently packaged with conventional plastic. As a result, the environment is being harmed, and land and marine pollution are growing.
Natural and
environmentally responsible packaging for food is ideal. As a solution to the
environmental issues and finite resources of petroleum-based polymers,
bioplastics or biopolymers made from renewable resources have attracted growing
interest from industries.
A
special type of plastic known as Bioplastic Packaging
Market is
made from renewable biodegradable materials like acids, cellulose, starches,
fats, oils, and straws, among others. They are biodegradable and currently
consumed in a variety of industrial sectors, including the consumer goods,
pharmaceutical, and food and beverage industries.
The primary factor
driving Bioplastic
Packaging Market growth is the growing consumer preference
for recyclable and eco-friendly materials. Other factors include the growing
downsizing of packaging, the advancement of new technologies and innovations,
the rise of non-biodegradable materials, the growing Bioplastic Packaging Market
awareness of environmental health issues like soil pollution, the growing
public awareness of the negative effects of plastics, and the growing consumer
demand for the use of green packaging.
Key Players
BASF SE, Koninklijke DSM
N.V., NatureWorks, LLC, Metabolix, Inc., and The Dow Chemical Company are a few
of the major companies active in the global bioplastic packaging market.
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