Global Plastic Production 2018 Secrets Transform Business Profits

Innovative Materials and Their Financial Benefits

In 2018, the push for innovative plastic materials gained momentum, with companies exploring alternatives like bioplastics and composites. These materials not only cater to sustainability but often come with enhanced properties such as increased durability and reduced weight, which can lower transportation costs. The global bioplastics market is expected to grow by 25% annually, presenting lucrative opportunities for early adopters⁴. By integrating these materials into your product lines, you can differentiate your offerings and potentially command higher prices.