In Texas, SNS Insider reported that the global biobased construction polymer market size is projected to reach $25.36 billion by 2032 and grow at a CAGR of 6.58% over the forecast period of 2024-2032.
“Biobased construction polymers market growth is anticipated as a result of growing awareness of the usage of petrochemical goods and the growing use of renewable materials. Growing in prominence are biobased building polymers made from sustainable materials such as cellulose and plant-based starches,” the report stated.
The report noted that Asia Pacific dominated the biobased construction polymer market in 2023 with the highest revenue of around 38.30%. “Growth in the Asia Pacific region’s economy has started extraordinary levels of urbanization and huge infrastructure development projects, creating consistent demand for construction materials.”
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Tags: Biobased construction polymer
Category: Fuels
