MARKET OPPORTUNITIES IN BIOMEDICAL TECHNOLOGY IN BIOPLASTIC INDUSTRY

Demand for biomedical bio-plastic has is increasing year on year due to its various end users in superabsorbent, adhesive, antimicrobial plastics etc. There is a significant increase in the demand for antimicrobial products in Healthcare sectors and medical appliances. This is one of the main reasons for the growth of this market. Many new applications have emerged due to commercialization of the manufacturing techniques of biomedical technology. Medical bio-plastic market has huge potential in the future, as it would create a range of applications, namely in industries such as surfactants industry, medical sector, health and packaging, adhesives & sealants industry etc.

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