SOURCE: Industrial Info Resources

Industrial Info Resources

May 12, 2011 02:45 ET

European Bio-Plastics Industry Growing by 20% Annually, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - May 12, 2011) - Researched by Industrial Info Resources Europe (Galway, Ireland) -- Bio-plastics are being 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. Driven by a growing demand for sustainable solutions, the range of available bio-plastics is multiplying continuously. Each day, new bio-plastic materials, compounds and master batches are created, and more and more production facilities go on-stream. Consequently the European market for bio-plastics is growing at an annual rate of roughly 20%.

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