Sustainable plastics will make up more than 15 percent of production by 2030, according to a new report by Lux Research.
Future projections of a circular economy emphasize that a combination of recycled and bio-based resources will serve as a feedstock for plastic needs, says the market analyst.
However, it adds that in order for the “idealistic future” to be realized, there must be a major investment in new technologies, including advanced recycling tech and bio-based plastic capacity. [Read more…] about Sustainable plastics will make up more than 15 percent of production by 2030, says report
