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Sekisui Specialty Chemicals Announces Global Price Increase

Water Soluble Packaging Market | Size Analysis, Scope and Trends 2027

Water Soluble Packaging Market | Size Analysis, Scope and Trends 2027 January 2, 2021 | by admin | The water-soluble packaging market was valued at US$ 2.3 Bn in 2018 and expected to grow at a CAGR of 4.8% during the forecast period from 2019 to 2027. Market Insights Elevated environmental concerns to depress the use of plastic worldwide will upgrade the market growth during the forecast period Increasing awareness about the side effects of single-use plastic and reliability associated with water-soluble plastic is a noticeable factor driving the growth of the market. Water-soluble packaging is safe for the Styrofoam of agricultural chemicals and chlorine products thereby, eliminating danger while inhaling or using the products. Additionally, wide acceptance in the applications of water-soluble packaging across industries such as paper, textiles, electronics and personal care is one of the key factors impelling the growth of the market.

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