Bioplastic is also unsuitable for many purposes, restricting its widespread use. Due of its low melting point and limited transparency, first generation PLA is unsuitable for a few packaging applications that need great temperature tolerance. Furthermore, because to its poor tensile strength, starch-based bioplastic is exceedingly fragile. As a result, it must be plasticized with polyether and urea, combined with other materials, or chemically changed before it can be used in packaging applications. On the contrary, advancements in bioplastics R&D, like any other innovative material, are expected to drive the global bioplastics market forward. According to Coherent Market Insights, the global Bioplastics Market is projected to surpass US$ 215 billion by the end of 2027, in terms of revenue, growing at CAGR of 25.8% during the forecast period (2020 to 2027).
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