Biodegradable Plastic Markets with high growths to 2015 over 6 Billion US Dollar and 12.5 bn 2025
65 Percent of Bioplastics in 2007 is Packaging and Food related and in 2025 still 40 Percent but Automotive and Electronics reach over 25 Percent by 2025 with higher Profit potential. Innovations, Consumer demand and Legislation drive the markets.
Bioplastics are biodegradable and can be made from a wide range of different plants. In the future genetically modified plants will need less water and reduce the costs. Bioplastics has the potential to reduce the petroleum consumption for plastic by 15 to 20 percent in 2025. Improved technical properties and innovations open new markets and applications with higher profit potentials in automotive, medicine and electronics.
