Global Market for Biodegradable Microbeads 2024-2035 - Key Players and Future Opportunities in this Rapidly Evolving Sector [Yahoo! Finance]
AJINOMOTO CO UNSP/ADR (AJINY)
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Source: Yahoo! Finance
Plastic microbeads are a multi-billion dollar market, with applications in markets ranging from cosmetics to oil & gas. However, their use is limited in some applications, and regulatory curbs regarding use are likely to increase. Replacement of plastic microbeads with biodegradable and non-toxic alternatives is increasingly important and the market will grow to meet both regulatory demands and increased use of microbeads in healthcare (e.g. pharmaceuticals and drug delivery), food and beverages), paints and coatings, and cosmetics and personal care sectors. Microplastics can be separated into primary and secondary microplastics. Primary microplastics are mostly thermoset and thermoplast plastic materials that have been added to products to fulfil a certain function. For example, these synthetic non-degradable polymers are used in personal care and cosmetics for exfoliation, film formation, sorbents for delivering active ingredients, skin conditioning etc.. While some of these micr
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