A growing market adopting bio-based innovations
The global biodegradable plastics market accounts for less than 1% of the overall plastics market, however, it is expected to grow at a fast pace over the next 5 years.
Bioplastics are used in an increasing number of markets, from packaging, catering products, consumer electronics, automotive, agriculture/horticulture and toys to textiles and a number of other segments. Packaging remains the largest field of application for bioplastics with almost 60 percent (1.2 million tonnes) of the total bioplastics market in 2018 (Source: European Bioplastics).
W-Natural® TP and CP product ranges offer environmentally friendly solutions for many application areas particularly: