Ocean Bound Plastics Market To Grow Substantially At 3.50% Cagr
February 15, 2023 ⚊ 1 Min read ⚊ Views 93 ⚊ NEWS
According to the MRFR analysis, the global Ocean Bound Plastics registered a CAGR of 3.50%.
Ocean Bound Plastics (OBPs) are plastic wastes of all sizes that have been abandoned in the ocean (microplastics, mezzoplastics, and macroplastics) and are 50 kilometers or less from the coast in areas with no or very ineffective waste management. These plastics are very likely to end up in marine ecosystems, where they will enter the food chain and endanger aquatic and terrestrial species\’ health.
The negative environmental impact of plastics disposal is driving the Ocean Bound Plastics market. Environmental issues have arisen as a result of the massive amount of waste produced by the widespread demand for plastics. The oceans received an estimated 25 million tons of plastic waste from these coastal regions. All coastal countries contribute to these figures,
