News International Sugar Journal

Global bioplastics demand to exceed 1 million tonnes by 2015 [Registered]

Global demand for biodegradable and bio-based plastics will more than triple to over one million metric tons in 2015, valued at $2.9 billion according to the latest report by The Freedonia Group. Gains will be fueled by a number of factors, including consumer preferences for environmentally sustainable materials, improved performance of bioplastic resins relative to traditional plastics, and the introduction of commodity plastics produced from biobased sources. Ultimately, however, price considerations will be the primary determinant of bioplastic market success, and it is expected that rising petroleum costs will allow some bioplastic resins to match conventional plastics in price by…

Login or sign up

Create an account

Lost your password?