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24 Aug 2023

Bio-based PVC is in high demand and the market is expected to reach a CAGR of 4% by 2032

Bio-based PVC is in high demand and the market is expected to reach a CAGR of 4% by 2032

More and more manufacturers are being encouraged to use Bio-based PVC, as it is a sustainable alternative in light of the new awareness around climate change. Research has shown that bio-based pipes have had a positive environmental effect, whilst also meeting performance and quality standards.

Bio-based PVC can be used to create a variety of products, including agricultural films, bags, fibres, containers, bins, and bottles. Whilst in the building and construction industry PVC can be utilised in, packaging and transportation, electrical and electronics, and textile industries, among others.

As the Government has begun putting down bans on how much plastic can be used for what by companies, bio-based PVC is a greener, sustainable alternative for businesses to use for necessities such as packaging, whilst avoiding causing harm and damage to the environment. These bans also mean that bio-based PVC is in high demand for industrialists who require a green-alternative, bio-based substitute for commonly used fossil-fuel based chemicals.

The demand for PVC has increased significantly and will continue to increase as more people and companies become aware of the environmental benefits of bio-based PVC, including that it is made from renewable feedstock and it is also biodegradable. The Polyurethane in Bio-Based PVC Market research report helps companies to identify new strategies which would work for them to keep creating their products, as well as planning for future product revisions, sales, marketing, promotion, and distribution in both the existing and new markets whilst they use bio-based PVC rather than the material they are currently using. This will have the benefit of making bio-based PVC more accessible to businesses and hopefully keep increasing the demand for bio-based PVC.

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