Production capacity will triple from 5.1 million tonnes in 2013 to 17 million tonnes in 2020, representing a 2% share of polymer production in 2013 and 4% in 2020. The comprehensive 500 page-market study and trend reports on “Bio-based Building Blocks and Polymers in the World – Capacities, Production and Applications: Status Quo and Trends Towards 2020” was published on 13th May. Authors are experts from the German nova-Institute (IBB network member) in cooperation with ten renowned international experts. Bio-based drop-in PET and the new polymers PLA and PHA show the fastest rates of market growth. The lion’s share of capital investment is expected to take place in Asia. Two years after the first market study was released, Germany’s nova-Institute is publishing a complete update of the most comprehensive market study of bio-based polymers ever made. This update will expand the market study’s range, including bio-based building blocks as precursor of bio-based polymers. The nova-Institute carried out this study in collaboration with renowned international experts from the field of bio-based building blocks and polymers. The study investigates every kind of bio-based polymer and, for the first time, several major building blocks produced around the world, while also examining in detail 112 companies. For more information about the nova market study, please visit: http://news.bio-based.eu/fast-growth-of-based-polymers-production Source: nova-institut GmbH