European Bioplastics has recently released a market study about bioplastics.
“ Currently, bioplastics represent about one per cent of the about 300 million tonnes of plastic produced annually. But as demand is rising and with more sophisticated materials, applications, and products emerging, the market is already growing by about 20 to 100 per cent per year. According to the latest market data compiled by European Bioplastics, global production capacity of bioplastics is predicted to grow by 50 percent in the medium term, from around 4.2 million tonnes in 2016 to approximately 6.1 million tonnes in 2021”.
About European Bioplastics
European Bioplastics (EUBP) representing the interest of the bioplastics industry along the entire value chain, serves as both knowledge partner and business network for companies, experts and all relevant stakeholder groups of the industry. They decided to use only data from their expert team (Nova Institute).
TO LEARN MORE ABOUT THE GLOBAL PLASTIC WASTE PROBLEM
We share articles, report and informations that might interest you if you want to learn more about the global plastic accumulation and its solutions.
A canadian company
Une entreprise québécoise