Bio-Plastics Market Analysis & Opportunity Assessment, 2014 - 2020
In terms of materials, the global bioplastics market is segmented as bio-PET, bio-PE, bio-PA, bio-degradable polyesters, PLA & PLA blends, starch blends, PHA and others. Currently, the bio-PET material segment dominates the bio-plastics market, and was estimated to beUS$5.6 Bn in 2014. This segment is expected to reach US$29.1 Bn by 2020, with a momentous CAGR of 31.4% for the forecast period. Moreover, an increasing demand for bio-plastics from the beverage packaging industry and effectiveness of bio-plastics in one-time use...
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