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Stock impact report

Biodegradable Plastic Market to Reach $9.1 Billion, Globally, by 2033 at 8.8% CAGR: Allied Market Research [Yahoo! Finance]

Danimer Scientific, Inc. (DNMR) 
Company Research Source: Yahoo! Finance
significant threat to the environment due to their non-biodegradable nature. They persist in the environment for hundreds of years, accumulating in landfills, oceans, and other ecosystems, leading to pollution and harm to wildlife. Biodegradable plastics offer a solution by breaking down into natural components through biological processes, reducing their environmental impact. WILMINGTON, Del. May 8, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Biodegradable Plastic Market by Type (Polylactic Acid (PLA), Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), Starch Blends, and Others), and Application (Packaging, Agriculture, Consumer Durable, Textile, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2033" . According to the report, the biodegradable plastic market was valued at $3.9 billion in 2023 and is estimated to reach $9.1 billion by 2033, growing at a CAGR of 8.8% from 2023 to 2033. Show less Read more
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