Strong expansion projected for European biodegradable plastic market
Posted on July 29, 2014 by DrRossH in Plastic Waste NewsStrong expansion projected for European biodegradable plastic market | PlasticsToday.com.
A big part of this growth is attributed to the European Union’s decision to reduce overall consumption of thin plastic bags in the region by about 80% by 2019, compared to 2010 consumption levels, which is expected to create huge growth opportunities for biodegradable plastics manufacturers over the next five years. The reduction in the usage of conventional plastic bags is expected to directly boost the consumption of biodegradable plastic bags in malls, retail outlets and loose packaging applications.
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