Packaging is the major application segment of Europe bio plastic market. High demand for packaging made from bio plastics to be used for wrapping organic food, as well as for premium and branded products with particular requirements. Therefore, with growing packaging industry in Europe, market for bio plastic will also increase, as it is replacing petroleum based plastic in packaging industry. This industrial consumption of bio plastic is predicted to continue to grow as new capacities are planned to come online in Europe in the coming years.
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