Demand to register double-digit advances through 2010
Degradable plastic demand in the US is projected to grow 12 percent annually to 335 million pounds in 2010, valued at $480 million. Gains will reflect broader applications brought about by a more competitive pricing structure, improved performance characteristics, the continued development of degradability standards, and consumer education as to the benefits of these materials. Prospects will continue to improve as markets emerge and the prices and properties of degradable plastics begin to approximate those of conventional polymers such as polyethylene terephthalate, polypropylene and polystyrene. However, composting networks must also be expanded since degradability, while being an environmental benefit, is not of superior value in a predominantly discard-to-landfill scenario.