Global demand for biodegradable or plant-based plastic resins will rise more than fourfold through 2013. Non-biodegradable plant-based plastics will grow the fastest and surpass biodegradable types as the dominant bioplastic resin. The Asia/Pacific region will surpass Western Europe as the largest market.
This study analyzes the $793 million world bioplastic industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by product (e.g., starch-based, polylactic acid, petroleum-based biodegradable, PHAs, non-biodegradable), market (e.g., packaging film, loose-fill, containers, bags, foodservice disposables, automotive and electronics, agricultural films), world region and for 16 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry players, including NatureWorks, Arkema and InnoviaFilms.