Currently, bioplastics represent about 1 % of the 320 million tons of plastic produced annually. The market is continuously growing, driven by consumer demand. The global bioplastics production capacity is set to increase from around 2.05 million tons in 2017 to approximately 2.44 million tons in 2022. Meanwhile, the patents filing has grew on a same pace, underlining a strong market interest from the major players.
Written by Gaëlle Guéhenneux, Sales Engineer at Questel.