“Growing Shift Toward Sustainable and Bio-Based Plastics”
- The molded plastics industry in Europe is undergoing a shift toward sustainable and bio-based materials due to increasing environmental awareness and regulatory pressure
- Governments across the region, particularly in Germany and France, are supporting the adoption of biodegradable molded plastics in packaging and automotive applications
- Consumers are demanding environmentally responsible products, prompting brands to invest in recyclable and compostable molded plastic components
- Innovation in green polymers and bioplastics is accelerating, with companies seeking cost-effective, eco-friendly alternatives to traditional plastic
- For instance, BASF launched a portfolio of bio-based polymers aimed at replacing petroleum-based molded plastics in consumer goods and automotive parts
