TechNavio today launched its report Global Bioplastics Market 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and the future landscape of the Global Bioplastics market.
Commenting on the report, an analyst from TechNavio™s Clean Tech team said, The variety of applications for bioplastics is one of the major factors that drive the Global Bioplastics market. Bioplastics have also recently started being used to manufacture children’s toys. The demand for the use of bioplastics to manufacture children’s toys is increasing because there are hazardous materials in the plastics that are currently used in toys. Therefore, the specialty of bioplastics, i.e., their less-harmful nature compared to non-biodegradable plastics, is increasing the scope for growth in the Global Bioplastics market.
According to the report, the surge in R&D initiatives is yet another major trend observed in the Global Bioplastics market. Several companies have been making progress in using algae as a raw material to manufacture bioplastic because it is available in plenty. For instance, filamentous green algae of the Cladophorales order are a well-suited form of algae to produce hybrid bioplastics. Further, the report also discusses that the possibility of the emergence of a global food crisis is leading to a reduction in the growth of the Global Bioplastics market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-bioplastics-market-2011-2015
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TechNavio Announces the Publication of its Report “ Global Bioplastics Market 2011“2015
