The bioplastics global market to grow by 36% within the next five years

The results of the European Bioplastics’ (EUBP) annual market data update, presented at the 15th EUBP Conference, confirm the continued dynamic growth of the global bioplastics industry. “Our industry has successfully weathered the challenges posed by the Covid-19 pandemic. And the outlook for bioplastics is also promising as the global market is predicted to grow by 36 percent over the next 5 years”, said François de Bie, Chairman of European Bioplastics.

The global bioplastics production capacity is set to increase from around 2.1 million tonnes in 2020 to 2.8 million tonnes in 2025.

Biome Technologies plc is a growth oriented, commercially driven technology group. The Group’s primary activity is the development of its fast growing business in bioplastics. The Group comprises two divisions: Biome Bioplastics and Stanelco RF Technologies.

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