Biobased Biodegradable Plastics Market Is Projected CAGR of 12.6% During 2014 - 2020
London-based market research and consulting firm, Future Market Insights (FMI), in its latest report titled "Global Bio-based Biodegradable Plastics Market Analysis and Opportunity Assessment, 2014-2020", states that the global bio-based biodegradable plastics market is expected to demonstrate a double-digit CAGR during forecast period 2014-2020. Global penetration of biodegradable and bio-based biodegradable plastics is currently significantly lower in comparison to traditional fossil fuel-based plastics. Of the 300 Mn metric tonnes of plastics consumed in 2013, biodegradable plastics accounted for 0.21% of...
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