News International Sugar Journal

Global market for bioplastics to increase by 19% annually to 2017 [Registered]

Global demand for biobased and biodegradable plastics will rise 19% per year to 960,000 tonnes in 2017 according to a new study, “World Bioplastics,” from The Freedonia Group. The study notes that the bioplastics industry, while still in the emerging growth phase, has established itself as a fixture in a number of commercial markets and applications. Robust growth in demand is expected in virtually all geographic markets driven by consumer preferences for sustainable materials, the increased adoption of bioplastics by plastic processors and compounders, and new product developments that expand the range of applications for bioplastics. However, despite the rapid…

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