Global demand for bioplastics will exceed 3 million tons
According to the analysis of related organizations, the current global bioplastics market is in a period of rapid growth. By 2015, the demand for bioplastics will rapidly increase from 572,000 tons in 2010 to more than 3 million tons.
In 2010, the European bio-plastics market demand was 175,300 tons, and the United States was 258,200 tons. The demand for these two major markets before 2015 will increase at an average annual rate of 33.9% and 41.4%, respectively, reaching 75.38 million tons and 145.90 million tons respectively. Its major end markets include automotive, construction, electrical/electronics, medical and packaging. Industry, etc.
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