According to research by the Institute for Bioplastics and Biocomposites and the Nova-Institute, and re-reported by plastemart.com
The market of 1.6m tons in 2013 is predicted to rise to 6.7m tons in 2018. Bioplastics cover biobased and biodegradable plastics.
The biobased and biodegradable plastics growth is being driven by PLA and biobased PET applications.
For more info see: http://www.plastemart.com/plastic-facts-information.asp?news_id=26355&news=Bioplastics-production-capacities-to-grow-by-more-yhan-400-by-2018