A new market research, published by Frost & Sullivan, entitled “Strategic Assessment of the Bioplastics Market in Brazil and Mexico” analyzes production plans, main resins sold and applications currently in use in both countries. The study also aims at providing a look into the future for bioplastics in the region, with regards to future demand and prospective feedstocks.
Brazil
At the moment, production in Brazil is constraint to pilot scale. In 2009, the Bioplastics market in Brazil was composed mostly by the resins PLA, Starch-based, and PHB, representing revenues of US$ 4.4 million.However, large production scales in Brazil are expected to give a new shape to this market in the region, as for 2015, large scale production units are expected to be producing bioplastics, such as Braskem biobased polyethylene and Solvay bio-based PVC. Braskem bioplastics plant will be the largest in the world, providing to Brazil an expected CAGR of 140.7% in the period 2009-2015.
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