Off Grid Energy Independence
Sep 12, 2024
China Leads as New Regulations Redefine the Bioplastics Market
The Chinese market has seen an explosion in the production capacity for PLA, a biodegradable bioplastic. One of the effects of this shift in the market is that between 2025 and 2035, IDTechEx has forecast that PLA will increase its market share quite significantly, with it expected to hold around 30% of the bioplastics installed capacity.