A growing number of investors and entrepreneurs are looking at hemp bioplastics, which has been around for nearly as long as plastic itself. Hemp is biodegradable, uses less resources to cultivate, and contains cellulose concentrations (65%-70%).
Henry Ford was so impressed with hemp bioplastics that he designed a hemp-based car in 1941 (though it never went into production).
Porsche has begun designing cars with bodies fashioned from hemp-composite materials. Sicilian Kanesis is producing a 3D-printer filament made entirely from hemp-based- plastics. Sana Packaging has started offering hemp packaging solutions.
By 2022, hemp bioplastics will generate $28 million in sales.
The article was published in Bioplastics News