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Plastics

Biodegradable Polymers

Report Code: PLS025C


REPORT HIGHLIGHTS
  • The global market for biodegradable polymers increased from 409 million pounds in 2006 to an estimated 541 by the end of 2007. It should reach an estimated 1,203 million pounds by 2012, a compound annual growth rate (CAGR) of 17.3%.
  • Growth rates are very high because of intense interest plus the fact that the base volumes of biodegradable polymers are still relatively low compared to petrochemical-based variants.
  • The "average" growth rate for loose-fill packaging is mainly attributable to two factors: lack of an effective infrastructure for disposal, and the popularity of air-filled plastics and other materials for cushioning in packages.

Report ID:PLS025C, Published: December 2007, Analyst: Melvin Schlechter





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