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Study: PHA and bio-derived PE to drive bioplastic packaging market to 2020

from Packaging Digest

Global bioplastic packaging demand is forecast to reach 884,000 tons by 2020. A 24.9 percent CAGR is expected from 2010-2015, slowing to 18.3 percent in the five years to 2020. According to a new study by Pira International, a new breed of bioplastics will be major drivers as packaging market demand gradually shifts from biodegradable and compostable polymers towards biopackaging based on renewable and sustainable materials. more

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