Plant-Based Plastics Gain Favor as Companies Pursue Sustainability Goals

A glimmer of hope for the plastics transition as featured in the Wall Street Journal.

While they currently constitute only a small fraction of global plastic production, biobased plastics are on the rise, fueled by the increasing demand for sustainable alternatives to fossil-based plastics. Recent findings from the nova-Institute indicate growth rate of 14% per annum for biobased plastics, with projections indicating a potential 3% market share within five years.

🌐 Explore the full report by nova-Institute, a GO!PHA partner, to dive deeper into the global bio-based polymer market.

🌐 Check out the White House paper “Bold Goals for U.S. Biotechnology and Biomanufacturing".