Global demand for biodegradable and bio-based plastics to more than triple …

Plastemart (1-12-2011) Global demand for biodegradable and bio-based plastics will more than triple to over one million metric tons in 2015, valued at US$2.9 bln as per ResearchandResearch.

Bioplastics have moved past the initial phase of market introduction and are now experiencing robust increases in demand in virtually all parts of the world. Gains are being fueled by a number of factors, including consumer preferences for environmentally sustainable materials, improved performance of bioplastic resins with respect to traditional plastics, and the introduction of commodity plastics produced from bio-based sources.