Bioplastics market to rapidly grow 32% to 2014 says new report

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According to the report “Global Bioplastics Market 2010-2014” the Bioplastics market will grow at a CAGR of 32% to 2014. One of the key factors contributing to this market growth is the favourable policies adopted by the governments across the globe.

The bioplastics market has also been witnessing an emergence of algae-based bioplastics. However, the negative effects on the global food supply could pose a challenge to the growth of this market.Key vendors dominating this market include Natureworks LLC, Novamont SpA,ADM/Metabolix, Toyota Motor Corp., and BASF.

Read more about the report “Global Bioplastics Market 2010-2014” 

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