Ongoing growth bio-based polymers worldwide
The worldwide production capacity for bio-based polymers grew by 4% to 6.6 Million tonnes from 2015 to 2016. This represents a share of 2% of the global polymer market. The bio-based polymer turnover was about €13 billion worldwide in 2016 compared to €11 billion in 2014. Production capacity is forecasted to increase from 6.6 million tonnes in 2016 to 8.5 million tonnes by 2021.
Most bio-based polymers are consumed by the packaging industry. The major part of this is rigid packaging. The packaging industry has a considerable interest in biodegradability since packaging is only needed for short time use but in big quantities (Press Release nova-Institute, 21 February 2017).
Click here for the press release.
Click here for a summary of the report (1.91 MB).
This news item is also included in our monthly overview, the NVC Members-only Update. If you have any questions, please contact us: email@example.com, +31-(0)182-512411.