Future Market Insights (FMI), in its latest report titled, “Bio-plastics Market: Global Industry Analysis and Opportunity Assessment 2014 to 2020”, estimates that the global bio-plastics market is expected to account for US$ 43.8 Bn by 2020, registering a CAGR of 28.8% during the forecast period. A growing beverage packaging industry, government support for adopting bio-based materials, and rising consumer acceptance for bio-plastics are expected to ... Read more
Bioplastics/Biopolymers is a material for which at least a portion of polymer consists of material produced from biomaterials. It represent a new generation of plastics that reduces the impact on the environment, both in terms of energy consumption and the amount of greenhouse gas emissions.Bioplastics is mainly ... Read more
Bioplastics are biodegradable and renewable plastics derived from biomass sources like vegetable fats and oils, corn starch or microbiota. Bioplastic packaging is used extensively for fresh food,bakery and confectionery packaging applications. It provides moisture barrier and grease resistance properties essential for these applications.Some key bioplastic resins used are polylactic acid (PLA),polyhydroxyalkanoates (PHA),biopolyethylene(Bio-PE), and bio-polyethylene terephthalate (Bio-PET). ... Read more
