Bioplastics global production capacity 2022-2028, by type
The global production capacity of bioplastics increased in 2022 to 1.8 million metric tons. Biodegradable bioplastics accounted for 864 thousand metric tons of the total capacity in 2022. Growth is expected to continue in the coming years, with projections showing that global production capacities of bioplastics could reach in 7.4 million metric tons by 2028. Bioplastics are plastics made out of renewable biomass materials such as corn starch and vegetable fats.