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People & Business :: Energy and Feedstocks
Commercialization of certain biobased polymers hampered by cost
2:28 PM MDT | September 26, 2013 | Rebecca Coons
Mounting consumer pressure and legislation is accelerating demand growth for biobased polymers, although variations in product cost and properties remain an impediment, says a new report from IHS Chemical Process Economics Program on Bio-Based Polymers. “While bio-based polymers currently comprise less than one percent of the total global polymer market, there is significant consumer demand and that demand, combined with increasing legislation such as plastic bag bans and global warming initiatives, are driving increased market opportunity for...
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