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  Bioplastics Market Application-Overview The bioplastic market was valued at  USD 6.48 billion  and is expected to register a  CAGR of 10%  to reach USD 11.68 billion by 2027. Bio-plastics are cleaner and easier to make since they need 65% less energy to make than conventional plastics. Bioplastic is a sustainable material derived from renewable feedstocks and is an alternative to petroleum-based plastics. It has the potential to reduce 30–70% of carbon dioxide emissions. It represents approximately a 42% reduction of carbon footprints. The production of bioplastic requires 65% less energy than conventional petroleum plastic. The  bioplastics market  is evolving, and companies are now focusing more on strengthening and consolidating R&D activities; thereby, increasing production capacity. The adoption of bioplastic has increased tremendously across various applications, owing to the advanced technical properties and functionalities. The production technology and processes are esti