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The Renewable Polymer market is a subset of the bioplastics industry, which focuses on the production of biodegradable and compostable plastics derived from renewable sources. These materials are typically derived from plant-based sources such as corn, sugarcane, and vegetable oils, and are used in a variety of applications, including packaging, automotive parts, and medical devices. Renewable polymers offer a number of advantages over traditional petroleum-based plastics, including improved sustainability, reduced environmental impact, and improved biodegradability.
Renewable polymers are increasingly being used in a variety of industries, including food and beverage, healthcare, and consumer goods. Companies in the market include NatureWorks, BASF, and Novamont, which produce a range of bioplastics for a variety of applications. Other companies, such as Bio-on and Corbion, focus on the production of biodegradable and compostable plastics for packaging and other applications. Show Less Read more