The Global Bioplastics Market, estimated at around USD 16 billion in 2024, is projected to grow at an impressive ~15% compound annual growth rate (CAGR), reaching approximately USD 33 billion by 2031. This surge reflects rising eco conscious consumer behavior, innovation in polymer feedstocks, expanding compostable packaging mandates, and growing application across automotive, textile,...
The Thailand Flexible Packaging Market is poised for strong growth, projected to rise from USD 1.64 billion in 2023 to USD 2.58 billion by 2031, reflecting a compound annual growth rate (CAGR) of 5.9% during the forecast period. Rising demand across food, beverage, and personal care sectors, combined with a national shift toward recyclable and biodegradable materials, continues to reshape the...
The Global Polybutylene Adipate Terephthalate (PBAT) Market is projected to grow at a CAGR of 7.3% during the forecast period 2024–2031, driven by rising demand for eco-friendly alternatives to traditional plastics. PBAT is a 100% biodegradable, fossil-based synthetic polymer known for its flexibility, strength, and performance similar to low-density polyethylene (LDPE), making it ideal...
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