TechNavio’s analysts forecast the Global Bioplastics market to grow at a CAGR of 33.9 percent over the period 2011–2015. One of the key factors contributing to this market growth is the growing need to clear non-biodegradable plastic waste. The Global Bioplastics market has also been witnessing increased usage in the packaging and consumer goods industry. However, the likelihood of the emergence of a global food crisis could pose a challenge to the growth of this market.
TechNavio’s report, the Global Bioplastics Market 2011–2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Bioplastics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Tags: Global Bioplastics market
Source: Sys- Con, 2012-04-03.