Market drivers and development

Today, there is a bioplastic alternative for almost every conventional plastic material and corresponding application. Bioplastics have the same properties as conventional plastics and offer additional advantages, such as a reduced carbon footprint or additional waste management options, such as composting. The current market for bioplastics is characterised by a dynamic growth rate and a strong diversification. There is a multitude of applications for bioplastics ranging from beverage bottles in the packaging segment to keyboards in the consumer electronics segment and interior parts in the automotive sector.