EUBP reports 2025 bioplastics growth
Global production capacity for biobased plastics is expected to increase from 2.31 million tonnes in 2025 to around 4.69 million tonnes by 2030. Biobased plastics currently account for approximately 0.5% of the global annual plastics production of 431 million tonnes. The projected growth is driven by increasing market demand and advances in material performance and applications.