Bioplastics market grows from 1.4 million tonnes (2012) to 6.2 million tonnes (2017)

These data are reported in the market forecast by European Bioplastics published in cooperation with the Institute for Bioplastics and Biocomposites of the University of Applied Sciences and Arts Hannover in Germany.
The strongest growth is expected in the biobased, non-biodegradable bioplastics group, like PE and PET. Biodegradable plastics, which e.g. support biowaste collection and thereby increase waste stream efficiency, are also demonstrating impressive growth rates of around 60 percent by 2017. Packaging is still the leading market segment, however other very different segments are gaining in strength: in particular consumer electronics, automotive, and the fibre market.
Click here for the market data.
Technavio reports market data on bioplastic packaging 2014-2018. Click here for more information about this report.

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