Global demand

The global production of biodegradable and bio-based plastics will more than triple to over one million tons in 2015, valued at almost $ 3 billion. This is the result of a new market study from Freedonia Group, highlighting (not surprisingly) the highest growth rate in Asia (+31% between 2010 and 2015).
Brazil  should register a further growth thanks to a large investment effected by the local company Braskem, which will increase the current biopolymer production from 30,000 to 1.3 million tonnes/year.