Biodegradable Plastics Market to Reach USD 20.9 Billion by 2028

The global biodegradable plastics market is expected to reach USD 20.9 billion by 2028, reflecting a remarkable CAGR of 21.3% from USD 7.9 billion in 2023. This significant growth is driven by a combination of environmental concerns, regulatory actions, evolving consumer preferences, corporate sustainability initiatives, and advancements in biodegradable plastics technology.

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