Sustainable Plastics’ Post

𝗧𝗵𝗲 𝗥𝗶𝘀𝗲 𝗼𝗳 𝗕𝗶𝗼𝗱𝗲𝗴𝗿𝗮𝗱𝗮𝗯𝗹𝗲 𝗣𝗹𝗮𝘀𝘁𝗶𝗰𝘀 𝗶𝗻 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 The biodegradable plastics market, particularly in the packaging sector, is experiencing significant growth driven by increasing environmental concerns and demand for sustainable alternatives to traditional plastics. The market is projected to reach USD 20.9 billion by 2028, at a CAGR of 21.3% from USD 7.9 billion in 2023. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://lnkd.in/gFaqa6fS 🔹Drivers of Growth: ►Environmental Concerns: Rising awareness about plastic pollution and climate change is pushing consumers and industries towards biodegradable options. ►Regulatory Support: Governments worldwide are implementing stricter regulations on plastic use, promoting biodegradable alternatives. For instance, the European Union's directives aim to reduce single-use plastics, creating a favorable environment for biodegradable products. ►Technological Advancements: Innovations in bioplastics, including materials like polylactic acid (PLA) and polyhydroxyalkanoates (PHA), are enhancing product performance and reducing costs. 🔹Market Segmentation ►By Type: The market includes various types of biodegradable plastics such as starch-based plastics, cellulose-based plastics, PLA, and PHA. PLA is particularly popular due to its wide range of applications in food packaging and consumer goods. ►By Application: Key applications include food packaging, beverage containers, and personal care products. The food packaging segment is notably expanding as consumers increasingly prefer sustainable options for organic and premium products. 🔹Regional Insights ►Leading Markets: North America is currently the largest market for biodegradable plastics, followed closely by Europe and the Asia-Pacific region. Europe has been proactive in adopting policies that favor biodegradable materials. ►Emerging Trends: Retailers in Europe are increasingly using biodegradable carrier bags and compostable cups at events, reflecting a shift towards more sustainable practices in consumer goods. 🔹Top Manufacturers: BASF (Germany), NatureWorks (US), Corbion (Netherlands), Novamont (Italy), Biome Bioplastics Limited (UK), Mitsubishi Chemical Group (Japan), Toray Industries, Inc. (Japan), Plantic Technologies Ltd. (Australia), Danimer Scientific (US), FKuR Kunststoff GmbH (Germany) and others. #biodegradableplastics #greenplastics #bioplastics #ecopackaging #plasticwastereduction #plasticalternatives #wastemanagement #greenpackaging #biodegradablematerials #sustainablepackaging ##plasticrecycling #biodegradablepackaging #plasticwaste

𝐁𝐢𝐨𝐝𝐞𝐠𝐫𝐚𝐝𝐚𝐛𝐥𝐞 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝟐𝟎𝟐𝟒 , 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐓𝐨𝐩 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬, 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧, 𝐅𝐮𝐭𝐮𝐫𝐞 𝐏𝐥𝐚𝐧𝐬, 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝗚𝗲𝘁 𝗺𝗼𝗿𝗲 𝗶𝗻𝗳𝗼 @ https://bit.ly/4aCrJPu Biodegradable Plastics meet the pressing demand for #sustainable alternatives, especially in #packaging, #consumergoods, #agriculture, #horticulture, #textiles and #medical industries. As regulations and consumer preferences drive the need for #ecofriendly solutions, the demand for Biodegradable Plastics continues to rise across various sectors. 𝗧𝗵𝗲 𝗯𝗶𝗼𝗱𝗲𝗴𝗿𝗮𝗱𝗮𝗯𝗹𝗲 𝗽𝗹𝗮𝘀𝘁𝗶𝗰 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝘀 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗴𝗿𝗼𝘄 𝗮𝘁 𝗮 𝗖𝗔𝗚𝗥 𝗼𝗳 𝟮𝟭.𝟯% 𝘁𝗼 𝗿𝗲𝗮𝗰𝗵 𝗨𝗦𝗗 𝟮𝟬.𝟵 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟮𝟴 𝗳𝗿𝗼𝗺 𝗨𝗦𝗗 𝟳.𝟵 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝟮𝟬𝟮𝟯. ✅ The key global players in the biodegradable plastic market, such as BASF (Germany), NatureWorks (US), Total orbion (Netherlands), Novamont (Italy), Biome Bioplastics Limited (UK), Mitsubishi Corporation Chemical Holding Corporation (Japan), Toray Industries, Inc. (Japan), Plantic Technologies Ltd. (Australia), Danimer Scientific (US), and FKuR Kunststoff GmbH (Germany) have a strong foothold in their respective regions and are exploring geographic diversification options to expand their businesses. They are focusing on increasing their market shares through new product launches and expansions. ✅ “𝐏𝐋𝐀 𝐛𝐚𝐬𝐞𝐝 𝐛𝐢𝐨𝐝𝐞𝐠𝐫𝐚𝐝𝐚𝐛𝐥𝐞 𝐩𝐥𝐚𝐬𝐭𝐢𝐜 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐚𝐭 𝐟𝐚𝐬𝐭𝐞𝐬𝐭 𝐂𝐀𝐆𝐑, 𝐢𝐧 𝐭𝐞𝐫𝐦𝐬 𝐨𝐟 𝐯𝐚𝐥𝐮𝐞, 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝.” PLA is the most used type of biodegradable plastic. As the world becomes more aware of the environmental impact of traditional plastics derived from #fossilfuels, there has been a growing demand for #sustainable and #ecofriendly alternatives. #PLA offers a solution by reducing dependence on non-renewable resources and minimizing plastic waste. ✅ “𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐠𝐨𝐨𝐝𝐬 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐛𝐞 𝐭𝐡𝐞 𝐬𝐞𝐜𝐨𝐧𝐝 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐭𝐲𝐩𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐛𝐢𝐨𝐝𝐞𝐠𝐫𝐚𝐝𝐚𝐛𝐥𝐞 𝐩𝐥𝐚𝐬𝐭𝐢𝐜 𝐦𝐚𝐫𝐤𝐞𝐭, 𝐢𝐧 𝐭𝐞𝐫𝐦𝐬 𝐨𝐟 𝐯𝐚𝐥𝐮𝐞.” Consumer goods are the second-largest end-use industry of biodegradable plastics. The major consumer goods considered under this segment are #electricalappliances, #domestic appliances, and others. The major consumer goods manufacturers are shifting their focus from traditional plastics to biodegradable plastics to reduce the negative impact on the environment. #biodegradableplastics #sustainablepackaging #ecofriendlymaterials #greenindustry #environmentallyfriendly #plasticfree #innovation #sustainability #marketdemand #ecopackaging

The growing demand for biodegradable packaging: innovations, challenges, and regulatory influence The future of #biodegradable and #compostable #packaging is evolving rapidly, with new research from David Platt, author of The Future of Biodegradable and Compostable Packaging to 2029, projecting growth to 2029 at twice the rate of traditional packaging. As consumers, governments, and brands push for sustainable alternatives to single-use plastics, the demand for these materials is accelerating. However, challenges remain, particularly in the development of industrial composting infrastructure, where most countries still lack proper systems, leading to concerns over landfill or incineration disposal. Technical innovations are driving this growth, with advancements in materials such as thermoplastic starch and polylactic acid (#PLA). These innovations include biodegradable bioplastic films made from renewable starch and enhanced PLA polymers that degrade faster and are more flexible. However, despite these improvements, the high costs of biodegradable materials compared to traditional plastics and concerns over performance and durability remain significant barriers. Another key factor shaping this market is the regulatory landscape. While some EU countries, China, and US states have introduced bans on single-use plastics, and Europe’s Packaging Waste Regulations aim to eliminate plastic bags by 2030, bioplastics still face competition from the growing market of recycled plastics, such as PET. Despite the rise in sustainable material usage, the packaging industry will need to overcome infrastructure challenges and regulatory nuances to fully capitalize on biodegradable and compostable packaging solutions by 2029. — David Platt, author of The Future of Biodegradable and Compostable Packaging to 2029

Bioplastics, especially biodegradable or, to be more precise, compostable bioplastics, have been in use for the past 20 to 25 years. 🤔 Initial expectations were high — they became the "great white hope" of the plastics industry — but price, performance, availability, and applicability relegated these materials to specific niche markets, such as flexible packaging or agriculture. The lack of knowledge also raised nomenclature problems. How biodegradable plastics degrade, especially under what conditions, caused confusion among many companies, where it was thought that these plastics would disintegrate spontaneously after a certain period of use. Read more: https://lnkd.in/eTA29suT  #industrial #manufacturing #manufacturingindustry #plasticsindustry #plasticrecycling #landfill #landfills #recycling #plastics #solidwaste #wastestream #wastemanagement #wasteaudit

♻️ Efficiency is great, but it’s even better when it’s paired with sustainability. At Fakuma Messe 2024, we’re introducing our RE-SORT unit – a game-changer for contaminated plastic granulate. We’re not just preventing waste – we’re turning the discharged good material back into the process. Want to see how we make the impossible possible? Visit us at Hall B1, Stand 1301/1302 and see for yourself how our solutions bring circular economy principles to life. Discover more: https://lnkd.in/dCP8zZwN #Sesotec #Fakuma #CircularEconomy #Innovation #RecyclingRevolution #EconomymeetsEcology

𝗨𝗻𝘃𝗲𝗶𝗹𝗶𝗻𝗴 𝘁𝗵𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗼𝗳 𝗕𝗶𝗼𝗱𝗲𝗴𝗿𝗮𝗱𝗮𝗯𝗹𝗲 𝗣𝗹𝗮𝘀𝘁𝗶𝗰𝘀 𝗶𝗻 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗚𝗼𝗼𝗱𝘀 𝗮𝗻𝗱 𝗘𝘂𝗿𝗼𝗽𝗲 Biodegradable plastics are making waves in the industry as a sustainable alternative to traditional plastics. Among these, PLA-based biodegradable plastics are projected to experience the fastest growth in value, driven by their #ecofriendly properties and versatility. 𝗚𝗲𝘁 𝗺𝗼𝗿𝗲 𝗶𝗻𝗳𝗼 @ https://bit.ly/4daiS8n 𝑲𝒆𝒚 𝑻𝒓𝒆𝒏𝒅𝒔 𝒂𝒏𝒅 𝑰𝒏𝒔𝒊𝒈𝒉𝒕𝒔: ♻️ 𝗥𝗮𝗽𝗶𝗱 𝗚𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝗣𝗟𝗔-𝗕𝗮𝘀𝗲𝗱 𝗣𝗹𝗮𝘀𝘁𝗶𝗰𝘀: PLA (Polylactic Acid) based biodegradable plastics are leading the market, with projections indicating the fastest CAGR during the forecast period. Their ability to decompose into non-toxic components makes them a preferred choice for various applications. ♻️ 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗚𝗼𝗼𝗱𝘀 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀: The consumer goods sector is anticipated to be the second largest application type in the biodegradable plastics market. This growth is fueled by increasing consumer demand for sustainable products and packaging solutions. ♻️ 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻: #europe is set to become the fastest-growing market for biodegradable plastics. The region's strong regulatory frameworks and growing environmental consciousness are driving the adoption of #biodegradable solutions, setting a benchmark for global trends. As the world shifts towards more sustainable practices, the biodegradable plastics industry is poised for significant expansion. The increasing emphasis on eco-friendly materials and innovative solutions underscores the transformative potential of biodegradable plastics in creating a greener future. The biodegradable plastic market is expected to grow at a CAGR of 21.3% to reach USD 20.9 billion by 2028 from USD 7.9 billion in 2023. The market growth is driven by various factors, including the significant demand from end-use industries such as packaging, consumer goods, agriculture & horticulture, and textiles. 𝑩𝒊𝒐𝒅𝒆𝒈𝒓𝒂𝒅𝒂𝒃𝒍𝒆 𝑷𝒍𝒂𝒔𝒕𝒊𝒄𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑲𝒆𝒚 𝑷𝒍𝒂𝒚𝒆𝒓𝒔 ✅ BASF (Germany), ✅ NatureWorks (US), ✅ Total Corbion (Netherlands), ✅ Novamont (Italy), ✅ Biome Bioplastics (UK), ✅ Mitsubishi Chemical Holding Corporation (Japan), ✅ Toray Industries (Japan), ✅ Plantic Technologies (Australia), ✅ Danimer Scientific (US) ✅ Fkur Kunstsoff (Germany) #biodegradableplastics #PLAplastics #sustainablematerials #consumerproducts #markettrends #EuropeGrowth #ecofriendlypackaging #biodegradableplasticsindustry #biodegradableplasticsmarket #biodegradableplasticsmarketdemand #biodegradableplasticsmarkettrends #biodegradableplasticsmarketdrivers #biodegradableplasticsmarketkeyplayers #biodegradableplasticsmarketreview

𝐏𝐋𝐀-𝐁𝐚𝐬𝐞𝐝 𝐁𝐢𝐨𝐩𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐒𝐞𝐭 𝐟𝐨𝐫 𝐑𝐚𝐩𝐢𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐆𝐞𝐭 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨 @ https://bit.ly/3USP0pw As environmental concerns grow, the market for biodegradable plastics is expanding rapidly, offering #ecofriendly alternatives to #traditional #plastics. Biodegradable plastics, designed to break down more #quickly and #safely in the environment, are gaining traction across various industries. 💠 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗦𝗶𝘇𝗲 𝗮𝗻𝗱 𝗚𝗿𝗼𝘄𝘁𝗵: The biodegradable plastic packaging industry is witnessing significant growth, driven by increased consumer #awareness and regulatory support. The biodegradable plastic market is expected to grow up to USD 20.9 billion with CAGR of 21.3% by 2028. Among the various types, PLA (polylactic acid) based biodegradable plastics are projected to grow at the fastest CAGR, in terms of value, during the forecast period. This growth is fueled by PLA’s versatility, #costeffectiveness, and #compostable properties. 💠 𝗞𝗲𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀: The consumer goods sector is projected to be the second-largest application type for #biodegradableplastics, in terms of value. From #packagingmaterials to everyday products, biodegradable plastics are becoming integral in reducing the environmental footprint of consumer goods. 💠 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗚𝗿𝗼𝘄𝘁𝗵: #europe is expected to be the fastest-growing region for biodegradable plastics during the forecast period, in terms of value. Stringent regulations, increasing environmental awareness, and #robust support for sustainable practices are driving this growth. Countries like #germany, #france, and the #UK are leading the way with initiatives to reduce #plasticwaste and promote biodegradable alternatives. 💠 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Several key players are at the forefront of the biodegradable plastics industry, driving innovation and market expansion. Notable companies include: ✔️Natureworks LLC.: A leader in PLA production, offering innovative solutions for various applications. ✔️BASF SE: Renowned for its extensive portfolio of biodegradable plastics and commitment to sustainability. ✔️Mitsubishi Chemical Group Corporation: Providing a wide range of biodegradable plastic products with a focus on environmental impact. ✔️Danimer Scientific: Known for its cutting-edge technology in creating biodegradable and compostable plastics. The future of biodegradable plastics looks promising, with continuous advancements and growing demand across the globe. #biodegradableplastics #sustainablepackaging #environmentalimpact #plabioplastics #consumergoods #europegrowth #ecofriendly #futureofpackaging

𝗨𝗻𝘃𝗲𝗶𝗹𝗶𝗻𝗴 𝘁𝗵𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗼𝗳 𝗕𝗶𝗼𝗱𝗲𝗴𝗿𝗮𝗱𝗮𝗯𝗹𝗲 𝗣𝗹𝗮𝘀𝘁𝗶𝗰𝘀 𝗶𝗻 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗚𝗼𝗼𝗱𝘀 𝗮𝗻𝗱 𝗘𝘂𝗿𝗼𝗽𝗲 Biodegradable plastics are making waves in the industry as a sustainable alternative to traditional plastics. Among these, PLA-based biodegradable plastics are projected to experience the fastest growth in value, driven by their #ecofriendly properties and versatility. 𝗚𝗲𝘁 𝗺𝗼𝗿𝗲 𝗶𝗻𝗳𝗼 @ https://bit.ly/4daiS8n 𝑲𝒆𝒚 𝑻𝒓𝒆𝒏𝒅𝒔 𝒂𝒏𝒅 𝑰𝒏𝒔𝒊𝒈𝒉𝒕𝒔: ♻️ 𝗥𝗮𝗽𝗶𝗱 𝗚𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝗣𝗟𝗔-𝗕𝗮𝘀𝗲𝗱 𝗣𝗹𝗮𝘀𝘁𝗶𝗰𝘀: PLA (Polylactic Acid) based biodegradable plastics are leading the market, with projections indicating the fastest CAGR during the forecast period. Their ability to decompose into non-toxic components makes them a preferred choice for various applications. ♻️ 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗚𝗼𝗼𝗱𝘀 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀: The consumer goods sector is anticipated to be the second largest application type in the biodegradable plastics market. This growth is fueled by increasing consumer demand for sustainable products and packaging solutions. ♻️ 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻: #europe is set to become the fastest-growing market for biodegradable plastics. The region's strong regulatory frameworks and growing environmental consciousness are driving the adoption of #biodegradable solutions, setting a benchmark for global trends. As the world shifts towards more sustainable practices, the biodegradable plastics industry is poised for significant expansion. The increasing emphasis on eco-friendly materials and innovative solutions underscores the transformative potential of biodegradable plastics in creating a greener future. The biodegradable plastic market is expected to grow at a CAGR of 21.3% to reach USD 20.9 billion by 2028 from USD 7.9 billion in 2023. The market growth is driven by various factors, including the significant demand from end-use industries such as packaging, consumer goods, agriculture & horticulture, and textiles. 𝑩𝒊𝒐𝒅𝒆𝒈𝒓𝒂𝒅𝒂𝒃𝒍𝒆 𝑷𝒍𝒂𝒔𝒕𝒊𝒄𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑲𝒆𝒚 𝑷𝒍𝒂𝒚𝒆𝒓𝒔 ✅ BASF (Germany), ✅ NatureWorks (US), ✅ Total Corbion (Netherlands), ✅ Novamont (Italy), ✅ Biome Bioplastics (UK), ✅ Mitsubishi Chemical Holding Corporation (Japan), ✅ Toray Industries (Japan), ✅ Plantic Technologies (Australia), ✅ Danimer Scientific (US) ✅ Fkur Kunstsoff (Germany) #biodegradableplastics #PLAplastics #sustainablematerials #consumerproducts #markettrends #EuropeGrowth #ecofriendlypackaging #biodegradableplasticsindustry #biodegradableplasticsmarket #biodegradableplasticsmarketdemand #biodegradableplasticsmarkettrends #biodegradableplasticsmarketdrivers #biodegradableplasticsmarketkeyplayers #biodegradableplasticsmarketreview

𝐔𝐬𝐞 𝐎𝐟 𝐁𝐢𝐨𝐝𝐞𝐠𝐫𝐚𝐝𝐚𝐛𝐥𝐞 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 - 𝐅𝐮𝐭𝐮𝐫𝐞 𝐒𝐜𝐨𝐩𝐞 The global biodegradable plastic market size was estimated at USD 5.43 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.2% from 2023 to 2030. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 @ https://lnkd.in/g4TzijJQ Biodegradable plastic is a plastic that decomposes naturally in the environment. This is mainly carried out by the #microorganism present in the environment that breaks down the structure of #biodegradable #plastic. Biodegradable plastic is eco-friendly and has no toxicity as it is produced using #renewable raw material. This type of plastic is mainly produced using #natural #plant #material, which mainly includes corn oil, orange peels, starch, and plants. 𝑭𝒐𝒓 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 @ https://lnkd.in/g5HuyMue 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐂𝐨𝐧𝐜𝐞𝐫𝐧𝐬: With growing awareness about #environmental #pollution and the #harmful effects of traditional plastics, there was a significant push towards biodegradable alternatives. This trend was largely driven by consumers demanding eco-friendly products and governments imposing stricter regulations on plastic use and disposal. 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: Researchers and companies were investing in developing new #technologies and formulations to improve the properties and performance of biodegradable #plastics. This included enhancing #biodegradability, #durability, and #scalability to meet the diverse needs of various industries. 𝐓𝐨𝐩 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐚𝐫𝐞: BASF | NatureWorks | Corbion | Mitsubishi Chemical America | Novamont | Biome Bioplastics Limited | FKuR Kunststoff GmbH | bioMérieux | Plantic Technologies Ltd. | TotalEnergies