The Indian bioplastics market will grow at a 28.% CAGR during the forecast period. Increasing consumer environmental awareness, obligations and regulations, and companies’ greater focus on sustainability, technology stabilization and cost reduction are factors driving the Indian bioplastics market. Bio-based polyethylene (PE) and bio-based polyethylene terephthalate (PET) are non-biodegradable plastics and are the main drivers of non-biodegradable growth. Profits from the production of biodegradable plastics such as polylactic acid or polylactide (PLA), polyhydroxyalkanoate (PHA) and starch mixtures are steadily increasing.
A full report of India Bio Plastics Market available at: https://www.orionmarketreports.com/india-bio-plastics-market/61035/
Key Players
• Envigreen
• Ecolife
• Plastobags
• Earthsoul India
• Truegreen
India Bio Plastics Market- Segmentation
Biodegradable Type
• Polylactic Acid (PLA)
• Polybutylene Adipate Terephthalate (PBAT)
• Polybutylene Succinate (PBS)
• Polyhydroxyalkanoates (PHA)
• Starch blends
• Others
Non-Biodegradable Plastic
• PE
• PET
• PA
• PP
• PEF
• PTT
• Others
Application
• Packaging
• Agriculture
• Consumer Durables
• Textile
• Others
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