Bioplastics will continue to command a larger share of the global plastics market, according to a recent report called “Bio-plastics Market: Global Industry Analysis and Opportunity Assessment 2014 to 2020” published by Research and Markets. Here are some highlights from this report:

Global bioplastics market drivers:

  • Growing beverage packaging industry
  • Government urging to purchase biobased materials
  • Rising consumer acceptance/demand for bioplastics

Other trends in bioplastics, according to this report, include new automotive and packaging applications and the significant market potential of Asia Pacific, followed by Europe and North America.

Posted in Blog, Uncategorized