Market drivers

The bioplastics market is growing roughly 20 percent per year. A mix of internal and external market drivers facilitates this growth. For industry players, the advantages focus on advanced technical properties, which increase product attractiveness, potential cost reduction through economies of scale, and the development of additional disposal options.

External factors include high consumer acceptance, the looming danger posed by climate change, the increasing price of fossil materials, and our current stifling dependence on fossil resources.

© European Bioplastics