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Bio-Based Resin market size is forecast to reach $126.08 million by 2026, after growing at a CAGR of 15% during 2021-2026. Biobased resins are thermosets and are plastic materials made partly or entirely of recycled raw materials that cannot be melted after a single hardening stage. With rise in demand for packaging, the bio-based resin market is witnessing an increase in demand. For an instance, polylactic acid is one of the bio-based and biodegradable polymeric packaging materials, that process high performance and high elasticity. Whereas the growing public interest towards sustainable and environment-friendly products to avoid pollution or disposal of packaging materials will further enhance the overall market demand for bio-based resin industry during the forecast period. Request Sample COVID Impact The sudden outbreak of coronavirus pandemic has hit the packaging industry hard, as during the month from March to June in 2020 almost every country was in the lockdown mode owing to ...