Bioplastics expected to grow 32% by 2014

According to the report \”Global Bioplastics Market 2010-2014\” , released in early September by the company TechNavio , the bioplastics market will grow to 32% considering in the period 2010-2014.For the consultant of Emissions and Technology from UNICA, much of this percentage will be in Brazil.

In the last two years, several multinational companies signed up to green plastics, following the example of Coca-Cola in March 2010 started manufacturing plastic bottles known as PlantBottle , which contain 30% ethanol derived from sugarcane.Tetra Pak, Heinz, Nestle, Danone, Procter & Gamble , Dow-Mitsui , AT & T and Michelin are some companies that have announced projects involving the use of plastic produced from sugar cane.

According to the report released by TechNavio 33 pages, an expert on research involving new technologies in the market, although the production of bioplastics is still more expensive when compared to its fossil similar , expectations for market development of renewable plastics are positive in medium term. Factors such as high costs made in the extraction of oil, whose availability is finite, and the growing demand for environmentally friendly products in the automotive industry justify this optimism.

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