biodegradable-polymers

Rising Awareness Regarding Environment Fuelling Adoption Rate of Biodegradable Polymers

Industry Insights

Growing concerns regarding environment degradation and its ill-effects on health of people is resulting in adoption of environmental friendly products. Petroleum-based polymers are one of the key factor causing environmental degradation, as it is non-biodegradable in nature. This, in turn, has resulted in growing demand for biodegradable polymers.

Chemically, a polymer with double-carbon backbone (C-C) resists degradation. On the other hand, hetero-atom with polymer backbone (C-X) is biodegradable in nature. Rising awareness has been entailing people to switch to biodegradable polymers market.

Increasing Prices of Crude Oil Present Widening Opportunities for Biodegradable Polymer Market

Further, increasing price of crude oil is providing new growth prospects for widening of biodegradable polymers market. Crude oil is the main source for production of petroleum-based polymers.

Meanwhile, biodegradable polymer market is also being adopted for biomedical applications. The polymer is extensively used for manufacturing medical devices. The application is opening new growth opportunities for expansion of the biodegradable polymers market in forthcoming years.

Biodegradable Polymer Market Witness Upsurge in Demand from Pharmaceutical and Biomedical Industries

Besides application in petroleum products and medical devices, biodegradable polymers are also used in agricultural, pharmaceuticals, biomedical and packaging industries. Biodegradable polymers used in the biomedical and pharmaceutical industries are manufactured using polyesters.

These polyesters are derived from polycaprolactone, polyglycolide, and polyactide. These material are biocompatible in nature. Degradation of these polyesters result in hydroxyl acids. Presence of hydroxyl acids do not cause any harm to the body.

Owing to rising awareness about the use of renewable polymers and associated benefits to environment is pushing adoption rate of biodegradable polymers based products in Europe. As a result, Europe has occupied prominent position in the biodegradable polymer market.

Request a PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1098

Further, North America is anticipated to follow growth trajectory of Europe. This is due to rising crude oil prices and consumer shift towards biodegradable polymer based products.

Meanwhile, Asia Pacific region is projected to witness high growth rate. Countries such as Japan and China are opening their markets for biodegradable polymers.

Avatar
Lisa Smith

Lisa Smith is a specialist in search engine optimized (SEO) content with a wealth of experience gathered from working in leading market research firms. Currently, she is the Team Lead for the SEO department at Transparency Market Research. In the said role, she has actively contributed to building a winning content strategy leveraging right keywords, link building, market research and analysis, and competitor analysis. Lisa has a Bachelor’s Degree in Computer Science from Nagpur University and a Master’s degree in Business Administration.

Leave a Reply