In 2006 I conducted a market study about the European Bioplastics market. I recently got the chance of taking part in a consultancy project that, amongst other things, took a look at bioplastics. Thanks to it I have been able to check the big changes that have taken place in the market in just 5 years, taking bioplastics from having a reduced market penetration to becoming one of the most important trends within the polymer market.
Source: Darwin Bell
An increasing number of competitors
In 2006 the number of “real” producers was reduced. There were several producers of starch based blends and Novamont was (and still is) the European market leader when considering production capacity. However, in the field of PLA production there have been important changes. In 2006 the sole producer was NatureWorks. It was the only company with an industrial production and there were only projects from other companies that were studying the possibility of using lactic acid to produce PLA. Nowadays NatureWorks continues to be dominating the PLA market, with a capacity of 140,000 tonnes per year, but there are other producers with smaller capacities and with plans to increase it in the next 2 years. Some examples are:
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