Interesting Research Report on the Future of Synthetic and Bio-Based Biodegradable Plastics Market

In its market research report published recently, Transparency Market Research, a U.S. – based market intelligence firm states that the global synthetic and bio-based biodegradable plastics market will report a CAGR of 19.5% from 2011 to 2018. The report has segmented the global synthetic and bio-based biodegradable plastics market into two product categories which are synthetic biodegradable plastics, and bio-based biodegradable plastics. This market is expected to witness rising demand in the forthcoming years due to favorable regulatory implementation of widespread use of green products, eco friendly packaging, and greater consumer preference for environment friendly products.

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