The global Biodegradable Plastics Market size is projected to grow from USD 7.7 billion in 2021 to USD 23.3 billion by 2026, at a CAGR of 24.9% between 2021 and 2026. Rising population and rapid urbanization in emerging economies and increase in demand from end-use industries are expected to offer significant growth opportunities to manufacturers of biodegradable plastics.
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