Bioplastics in India Market: Market Research by Knowledge Sourcing Intelligence

Bioplastics in India Market: Packaging Application Hold a Significant Market Share Introduction Bioplastics are the plastics that are manufactured from biomass sources including corn starch, vegetable fats, and oils. They are extensively used in both disposable, and non-disposable items. Disposable items include crockery, pots, and straws, while the non-disposable items include fibers, plastic piping, and insulation car interiors among others. The overall impact on the environment due to the use of bioplastics is significantly lower than that of conventional plastics, so these are considered to be eco-friendly that is increasing the bioplastics in India market size. Drivers and restraints of Bioplastics in India Market The bioplastics in India market growth is driven by favorable government regulations. For instance, the Indian Government has proposed a plan to ban the use of single-use plastic throughout the country. This will augment the demand for bi...