Consumer Pressure and Legislation Increasing Demand for Biodegradable Plastics by Nearly 15 Percent Annually During 2012 to 2017 in North America, Europe and Asia, Says IHS Study

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Europe continues to be largest consuming region for biodegradable polymers, with more than half of global total

According to a new IHS Chemical (NYSE: IHS) global market research report, mounting consumer pressure and legislation such as plastic bag bans and global warming initiatives will increase demand for biodegradable polymers (plastics) in North America, Europe and Asia from 269 thousand metric tons (KMT) in 2012 to nearly 525 KMT in 2017, representing an average annual growth rate of nearly 15 percent during the five-year period 2012-2017.

 

The IHS Chemical CEH Biodegradable Polymers Marketing Research Report focuses on biodegradable polymers, including compostable materials, but not nec

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