Tuesday, September 16, 2008

US demand for biodegradable plastic to grow at 16% pa to reach US$845 mln in 2012

Demand for biodegradable plastic in USA is forecast to expand nearly 16% pa to 720 million pounds in 2012, valued at US$845 mln, according to a new report by market research firm The Freedonia Group. Demand will present good opportunities through 2012, reflecting price declines, improved product performance and greater processor familiarity.

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