SRI Consulting Releases Global Biodegradable Polymers Report
Despite the recent global economic slowdown, the global biodegradable polymers market grew stronger and doubled its market size from 2005-2009. This market is positioned to grow 13% annually between 2009 and 2014. Today, SRI Consulting (SRIC) released its global Biodegradable Polymers report that provides the most comprehensive and timely information on the worldwide biodegradable polymers industry.
Europe accounts for about half of total consumption. Double digit annual growth is expected in Europe, North America and Asia in the next several years. A major driver in the use of biodegradable polymers will be the food packaging, dishes and cutlery market segments. Legislation and improved cost competitiveness will have an effect on growth, as will consumer concerns over reducing landfills, fossil fuel independence, reduction of green house gas emissions and pressure for environmentally friendly products.
Overall, the biodegradable polymers industry might develop even faster than expected. Lead author and Consultant Michael Malveda commented, "Future legislation enacted will have a major impact as to how widely these polymers are used." Mr. Malveda continued, "Likewise, prices of petroleum-based alternatives and the economy's recovery will help shape the industry's future."
SRI Consulting's Biodegradable Polymers report provides current and comprehensive information on this global industry, including trends, supply and demand, and analysis of the competitive environment.
For additional information about the report, please contact Koon-Ling Ring, Director of the Chemical Economics Program at kring@sriconsulting.com or +1-650-384-4359, or visit the website at www.sriconsulting.com/CEH.
About SRI Consulting (SRIC)
SRI Consulting is the world's leading business research service for the global chemical industry. Publishing for almost 60 years, SRI Consulting is the preeminent source for in-depth business and process analysis. This report was developed by the Chemical Economics Handbook (CEH) group, which provides evaluation of supply/demand relationships and analysis of the industry competitive environment for over 300 chemical products and product groups. SRI Consulting's headquarters are located in Menlo Park, California with offices in The Woodlands, Texas; Zürich, Switzerland; Tokyo, Japan; and Beijing, China. Representatives of SRI Consulting can also be found in New Delhi, India; Al-Khobar, Saudi Arabia; and Seoul, Korea. SRI Consulting is a division of Access Intelligence, LLC. Additional information is available at www.sriconsulting.com.
SRI Consulting (SRIC) is a trade name and a registered trademark of SRI International, used under license.
Contacts:
SRI Consulting
Susan Wright, 650-384-4348
swright@sriconsulting.com
