US demand for degradable plastics is expected to grow by 13.7% pa over the next three years. Demand is forecast to reach 168,000 tons in 2008, valued at US$490 million. Demand for biodegradable/ compostable plastics is expected to grow by 16% pa to more than 132,000 tons in 2008. Freedonia predicts the best opportunities for polylactic acid, particularly in packaging but also in fibre markets.
Starch-based plastics demand is projected to expand 11.6% annually to 38,000 tons in 2008 as prices become more competitive and resin grades improve. Film products such as compost bags will be the dominant sector. A widening of applications will come from more competitive pricing structure, improved performance characteristics, development of degradeability standards and consumer education on the benefits of such materials.
14-Jan-05 
