Bioplastics Market Evolution

According to a market study published by European Bioplastics on Dec 16, 2013, the Global  Annual Production Capacity of Bioplastics is expected to grow from 1.4 Mn Tons in 2012 to 6.2 Mn Tons  in 2017.

Bioplastics News
Bioplastics News

This is in fact still a minuscule fraction ( 0.5%) of the total production of plastics in the world amounting to approximately 300 million metric tons in 2012 absorbing 8-9 % of the total crude oil production ( 5% directly and 4% for the processing energy) .

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Bioplastics Market Evolution

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