TechSci Research; Europe biodegradable plastics market to grow at 12% through 2019

10 September 2014

According to a recently published report by TechSci Research “Europe Biodegradable Plastics Market Forecast & Opportunities, 2019”, the biodegradable plastics market in Europe is forecast to witness a robust CAGR of around 12% during 2014-19. The growth is being supported by various factors such as increasing environmental awareness among consumers, strict implementation of environment friendly laws and growing R&D investments in the bioplastics sectors.
EU’s decision to reduce overall consumption of thin plastic bags in the region by about 80% by 2019 is expected to create huge growth opportunities for biodegradable plastics manufacturers over the next five years.
Click here for more information about the report.

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