Bioplastics Market in Brazil and Mexico

When thinking about Brazil, most people think about Brazilian Carneval rather than bioplastics .

06-06-10

Both Brazil and Mexico are nascent markets for bioplastics, when compared to those in Europe or the U.S. Bioplastics are currently penetrating such segments as food packaging and agricultural films. However, large production scales in Brazil are expected to give a new direction to this market in the region.  

Competitive production scales and an increasing demand will be crucial to make bioplastics a growing and profitable market in the region. Legislation and government incentives, currently underdeveloped for bioplastics, are also important in this stage of the industry, to support small local companies.  
In addition, awareness among the end user and final consumer regarding bioplastics' positioning in the market will be crucial for the products' success, especially given their higher prices.

Source: www.biobasednews.com/node/27579

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Category: Biomass, other than pellets, Brazil