Most biodegradable plastic bags and sacks are said to decompose in three years, although many completely disintegrate in less time.
Therefore, biodegradable plastic bags and sacks do not start to decompose from the date of manufacture, only after they have been exposed to light and air.In consumption market, North America and Europe are the mainly consumption regions due to the bigger demand of downstream applications.
In 2017, these two regions occupied 82.48% of the global consumption volume in total.Biodegradable plastic bags and sacks has three types, which include polylactic acid (PLA), polyhydroxyalkanoate (PHA) and starch blends, etc.
With biodegradable effect of biodegradable plastic bags and sacks, the downstream application industries will need more biodegradable plastic bags and sacks products.
So, biodegradable plastic bags and sacks has a huge market potential in the future.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-biodegradable-plastic-bags-sacks-2019-2024-418聽聽聽According to this study, over the next five years the Biodegradable Plastic Bags and Sacks market will register a 2.8% CAGR in terms of revenue, the global market size will reach US$ 920 million by 2024, from US$ 800 million in 2019.
This study considers the Biodegradable Plastic Bags and Sacks value and volume generated from the sales of the following segments:聽Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.