The article “Bio-based Polymers worldwide: Status and Outlook” by Materia Rinnovabile provides an update on the status of bio-based polymers globally. The article examines the current state of the market, investments, and policy frameworks supporting the development of bio-based polymers. According to the report, the demand for bio-based polymers is increasing, driven by growing concerns about climate change, resource depletion, and waste management. The market is expected to reach 10 million metric tons by 2025, with the European Union leading the way with a goal of producing 25% of its plastic demand through bioplastics by 2030. The article highlights several key players in the market, including Novamont, Corbion, and BASF, which are investing heavily in bio-based polymer production. Additionally, governments are introducing policies to support the growth of the industry, such as the EU’s Circular Economy Action Plan. Overall, the article suggests that there is a strong outlook for the bio-based polymers market, driven by a combination of technological innovation, investment, and policy support.
Global Market Trends: Biodegradable Polymers and Sustainable Materials
