Oimo’s bioplastic products degrade in water within a month and are compatible with existing manufacturing machinery, allowing rapid replacement of single-use plastics.
Why
Unsustainable plastic disposal
Much of the world’s plastics enter waterways, the contamination taking centuries to break down.
Bioplastics hard to compost
PLA, the most common bioplastic in the market, is only compostable in industrial plants.
No cheap plastic alternative
Other bioplastic solutions are expensive to implement and require manufacturers to change machinery.
Market
$19.93bn
Forecast size of the global bioplastics market by 2026, based on 16.2% CAGR from 2019 amid growing concerns about the environmental damage caused by conventional plastics: Fortune Business Insights
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