Each job in the US bioeconomy adds 1.64 jobs in adjacent sectors. An economic impact analysis of the US biobased products industry showed that in 2013 4 million jobs and US$369bn were added to US economy. In Africa, we can expect an even higher job creation rate (See: GreenEnergyPark™ biorefinery). The following report was obtained…Read more Bioeconomy: $369bn and 4 Million Jobs Added to US Economy in 2013
The impact of these trends could see the furfural market grow to twice its current size. For Africa, biomass valorisation means food security and jobs (e.g. greenenergypark.co.za/bio-refining)!
The global bio-plastics industry is expected to witness significant growth and reach an estimated $7.02 billion by 2018
Lucintel, one of the leading global management consulting and market research firms, has just released a detailed analysis on the bio-plastics industry entitles “Global Bio-plastics Industry 2013-2018: Trend, Forecast, and Opportunity Analysis”.
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