Bioplastics: The raw material of the future

By: Trademagazin Date: 2021. 01. 25. 10:45

It was revealed at the 15th conference of European Bioplastics that the global bioplastics industry is growing fast. The market is expected to grow by 36 percent in the next 5 years. Global bioplastics production is forecasted to jump from 2.1 million tons in 2020 to 2.8 million tons in 2025. Bio-based polypropylene (PP) production will triple by 2025. Packaging will remain to be the most important sector where bioplastics are used: this sector constituted 47 percent of the full bioplastics market in 2020. //

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