Global Bioplastics Market Research Report forecast 2020-2024
Summary - A new market study, titled “ Global Bioplastics Market with Focus on Biodegradable Plastics: Insights, Trends & Forecast (2020-2024)” has been featured on Wise Guy Reports. The global bioplastics market is predicted to grow at a CAGR of 18.80% during the period spanning 2020-2024. The market is expected to be valued at US$67.03 billion in 2024. Growth in the bioplastics market was supported by various factors like increasing biodegradable food packaging market, growing corn starch market, rising demand for consumer electronics and waste management benefits of bioplastics. ALSO READ: https://www.medgadget.com/2020/10/bioplastics-market-2020-global-analysis-opportunities-and-forecast-to-2025.html The market also faced certain challenges such as fluctuating crude oil prices and increased consumer misunderstanding about bioplastic disposal behavior. The global bioplastic market is also predicted to experience certain trends l...