Category: Packaging

Declining of petrochemical-based plastics According to many industry reports, in 2019, around 85 percent of the plastic produced worldwide was petroleum-derived (Statista). However, by 2030, petrochemical-based plastics are expected to account for only 54.7 percent of global plastics production, while recycled plastics and bioplastics will account for a more significant proportion of the market. The…