The future wants green plastic, by the numbers
While a few years old, the Swedish Society for Nature Conservation's (Naturskyddsföreningen) Plastic Report (Plastrapport) was spot on when defining the three overall challenges facing plastics today: exposure to chemicals used in manufacturing, a global nature conservation problem, and the fact that the main ingredient is crude oil. Using greener plastics, and biocomposites in particular, can reduce the world’s dependence on fossil fuels drastically. A market analysis from the EU, which Trifilon participated in, estimates that a transition to biological raw materials and processing methods can save 2.5 billion tons of CO2 per year by 2030. That same analysis predicts that the European market for bio-based raw materials and new consumer products will explode. Even the global market is expected to increase, at an average of 11 percent per year, according to Businesswire. Obviously, the destination is greener goods for all - so give us a call if you want to be part of the solution.