Dynamic Growth Potential Currently, bioplastics still only represent well under 1% of the about 300 million tonnes of plastic produced annually. But as demand is rising and with more sophisticated materials, applications, and products emerging, the market is already growing by about 20 to 100% per year. According to the latest market data compiled by European Bioplastics, global production capacity of bioplastics is predicted to quadruple in the medium term – from around 1.6 million tonnes in 2013 to approximately 6.7 million tonnes by 2018. While Asia is predicted to further expand its role as major bioplastics production hub, accounting for about 75% of bioplastics by 2018, Europe – at the forefront of research and development – will be left with a mere 8% of produc...