China Degradable Resin Market Global Outlook and Forecast 2024-2030
The China Degradable Resin market size was valued at US$ 2.87 billion in 2024 and is projected to reach US$ 5.22 billion by 2030, at a CAGR of 10.5% during the forecast period 2024-2030. Download FREE Sample of this Report @ https://www.statsmarketresearch.com/download-free-sample/8013132/global-china-degradable-resin-2024-2030-927 Degradable Resins are polymers designed to break down into natural compounds under specific environmental conditions, offering a more sustainable alternative to traditional plastics for packaging, agriculture, and consumer goods applications. China's Degradable Resin market is experiencing rapid growth, driven by increasing environmental awareness, government regulations, and shifting consumer preferences. In 2023, China produced approximately 1.5 million metric tons of degradable resins, with 80% consumed domestically and 20% exported. The packaging sector remains the largest consumer, accounting for 55% of demand, followed by agriculture at 25% ...