Although biodegradable polymers have been commercial for well over 20 years, this niche market is beset with a variety of roadblocks led by high prices, lack of an industrial infrastructure in the United States, and a strong global legislative mandate to try to increase the usage of these materials.
New biodegradable polymers are being introduced, accompanied by a continuing withdrawal of other products, along with key companies entering and leaving this market. New technologies, tightening environmental restraints, unprecedented increases in pricing of petroleum-based resins, and unstable pricing of a barrel of oil, are among other issues which necessitate a realistic appraisal of the impact of these polymers over the next five years.
SCOPE OF STUDY
This report contains:
Following a detailed analysis of available information which included trade literature, articles and technical/marketing presentations and papers, and company literature, interviews were conducted with key producers, marketers, and trade associations in order to realistically assess market size, growth rates, company involvement and other important factors impacting the market.
ABOUT THE AUTHOR
Research analyst Mel Schlechter has over 40 years in the chemical industry, and specializes in plastics market research. He has been with BCC Research for over 10 years and holds a B.S. in chemistry, M.S. in organic chemistry and a M.B.A. in marketing.