China's Biodegradable Plastics growth rate

chinese biodegradable plastics growth rate

CGCR growth rate of 23.0% from 2013 to 2016
Annual output will reach 960,000 tons by 2016
Three main types of biodegradable plastics are Starch Based, Polylactic acid (PLA) and Polybutylene succinate (PBS) and they made up about 88% of total supply. Presently, starch based biodegradables make up 45% of the total supply but there is an increasing demand for both PLA and PBS later on.

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