fossil fuel-based plastics

Bioplastics market size set for explosive growth

Iranpolymer/Baspar According to a new comprehensive report from The Insight Partners, global bioplastics market size is projected to reach US$ 19.43 billion by 2031 from US$ 7.20 billion in 2023. The market is expected to register a CAGR of 13.2% in 2023–2031. The increasing focus on innovation and…

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Montachem International partners with seaweed- based resin maker Loliware

Iranpolymer/Baspar  At the Plast international plastics show in Milan, plastic resin distributor Montachem International and materials science company Loliware debuted their seaweed-based resins today, an event marking Loliware’s entrance into Europe’s $3.5 billion bio-resin market. Loliware’s materials are the first…

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