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11/6/2006

Degradable Plastics To Grow 20%/Yr

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Surging interest in biodegradable and compostable plastics is forecasted by a new report from market research company, Freedonia Group, Inc., Cleveland.

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Surging interest in biodegradable and compostable plastics is forecasted by a new report from market research company, Freedonia Group, Inc., Cleveland. The report, Degradable Plastics (187 pages, $4400), predicts 19.5% annual U.S. growth for these products to 2010. Volume will soar from 172 million lb last year to 420 million lb. Polylactic acid (PLA) will grow more than 30%/yr and starch-based plastics nearly 18%/yr.

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