Potential value of bio-products from forests in New Zealand
As we move to a world where fuels, chemicals plastics, garments, and even drugs that are currently derived from petrochemicals are replaced with new alternatives derived from renewable organics, our trees, our forests, represent a key strategic resource.
New Zealand is increasingly being recognised as one of the technology thought leaders, not only in forest science, but also in the development of new, unique, bio-materials.
This report sets out, at a very macro level, to assess what the commercial opportunity could represent.
Its finding is that the total commercial opportunity for New Zealand is likely to be in the range of $18 to $25 billion.
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