Algae bioplastics: the global state of the industry
Algae began attracting attention as a biofuel in the 1970s. While the sector grew rapidly in the 2000s, its gains were largely wiped out by the 2008 financial crash. Since then, investors have turned to other high-value chemical derivatives. Among them were bioplastics. For example, algae are nowadays seen as an environmentally friendly bio-raw material for many packaging and consumer applications. But to what extent has the industry actually picked up on those opportunities? Bio Market Insights inventoried the state of affairs on various continents.
