Global bioplastics production capacity is expected to grow at a compounded annual growth rate of almost 20% from 2013 to 2020.
While this envisaged growth looks good, we cannot neglect that while adopting bioplastics, their higher costs and performance gap relative to traditional ones still stands as the main challenges.
But, the increasing number of biopolymers gives more choices for blending and will lead to more innovation. Also, advances in new technologies can bring down manufacturing costs. Read on to know more about emerging bioplastic materials innovations from companies like Metabolix, Floreon, Eco Bio Plastics Midland Inc., Faurecia.