January 5, 2011

Perspective on bioplastics - Jim Lunt & Associates

Here is an industry insight on bioplastics from Jim Lunt of Jim Lunt and Associates, LLC. The blog asked his opinions on the industry's performance in 2010 and his perspectives on the trends for 2011.

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2010 was a pivotal growth year for bioplastics after the economy-induced flat period of 2009. Several prominent studies projected almost 40% growth in 2010 for the major players. Although I believe these figures to be generally very optimistic, there is little doubt that products such as PLA, starch blends and cellulosics overall did see approximate sales increases of 14% to 20%.

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