It’s being predicted that the global production capacity for biopolymers – for use in both the plastics and fibre industries – will grow from around 1.2 million tonnes in 2011 to close to 5.8 million tonnes by 2016, with Bio-PET 30 comprising about 80% of this figure.
But the problem is that Bio-PET 30 – as its name would suggest – is as yet only 30% bio-based, so really we’re looking at a strange new market which, for the moment, isn’t quite what it could eventually become and by 2016 will have nearer to 2.55 million tonnes of actual bio-based content.