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Market analysis of biodegradable plastics

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according to the analysis report on the North American biodegradable packaging market recently released by a famous consulting company in the United States, with people’s attention to environmental protection and health, the demand for biodegradable plastics in the packaging field is increasing, and more and more attention and favor are paid to and favored by people, and manufacturers will increase production capacity accordingly
Frost & amp; Sullivan, a famous consulting company in the United States, recently released an analysis report on the North American biodegradable packaging market. It is believed that with people’s attention to environmental protection and health, the demand for biodegradable plastics in the packaging field is increasing, and manufacturers will increase production capacity accordingly. It is expected that the market demand for biodegradable packaging materials will continue to grow in the next few years

biodegradable materials can be decomposed by microorganisms in nature. As packaging materials, the amount of waste can be greatly reduced. Due to its good preservation effect, about 41% of biodegradable packaging is used for food preservation. Since the 1990s, the global output of biodegradable plastics has increased rapidly, of which about 60% is used in the packaging industry. It is estimated that by 2011, the output of biodegradable plastic packaging will reach 116000 tons, with an average annual growth rate of 22%

green packaging is encouraged by policies

the development of green packaging is mainly supported by the following factors: on the one hand, biodegradable plastic packaging has the advantages of energy saving, environmental protection and recycling. On the other hand, the North American market, government departments, circulation channels and other forces are actively promoting the application of this new technology. In the next two or three years, the market demand for biodegradable plastics will gradually strengthen

due to the large amount and wide range of use of traditional plastic packaging, its pollution to the environment is becoming more and more serious. Therefore, the environmental protection departments of various countries have formulated a series of policies and regulations to restrict the production and use of plastic packaging, which undoubtedly brings severe challenges to the developing plastic industry. In recent years, with more and more attention to green packaging, the U.S. government began to encourage the production of biodegradable plastic packaging for the sake of promoting environmental protection# HC360 page break #

in addition, there is support from end retailers. In the United States, a large number of plastic bags are treated as garbage every year, and only a small number of plastic bags can be recycled, resulting in a lot of pollution. In order to solve this problem, paper packaging bags appeared in the mid-1990s, but they are not durable in humid environment. At present, many retailers in the United States and Canada support the promotion of biodegradable plastic packaging by giving discounts to customers who use environmentally friendly packaging

the low cost performance still needs to be tackled.

as an emerging industry, biodegradable plastic packaging industry is also facing many challenges. First, the packaging technology is not mature enough. Although consumers pay more attention to biodegradable plastic packaging, compared with traditional plastic packaging technology, this packaging technology is still relatively backward. Secondly, the application field of biodegradable plastic packaging is limited. Although biodegradable plastic packaging occupies a monopoly position in the field of food preservation, it has a low penetration in other downstream fields because it is slightly inferior to traditional plastics in terms of heat insulation, waterproof and sealing. Thirdly, consumers’ awareness is not high. In addition, the high price also hinders the application of products

as the raw material of biodegradable plastics, the price rise of corn, wheat and other crop products has also promoted the price rise of biodegradable plastics. In terms of price, the cost of petroleum based plastics was lower than that of biodegradable plastics in 2007. For example, the packaging grade of polyethylene and polystyrene is 0.65 ~ 0.85 US dollars /pound, while the degradable polylactic acid plastic is in the range of 1.75 ~ 3.75 US dollars /pound, and the starch derived polycaprolactone is 2.75 ~ 3.5 US dollars /pound. Even in the current situation of falling oil prices, the price of biodegradable plastics is still 2.5 ~ 7.5 times higher than that of traditional petroleum based plastics

vigorously guide and cultivate the market

the improvement of people’s awareness of environmental protection makes manufacturers see the opportunity of biodegradable plastics in the packaging market. DuPont, Cargill, BASF and other well-known chemical manufacturers have entered the market through mergers and acquisitions and joint ventures. In view of the low awareness of biodegradable plastics among consumers, we need to vigorously cultivate the market and guide consumers in the future. Biodegradable plastic is a new type of packaging material. Plastic and packaging manufacturers need to work together to publicize and guide consumers to accept this environmentally friendly material

recently, ingrill natural plastics and fibers produced by Cargill’s company with 100% renewable plant resources as raw materials have made a major breakthrough in production technology. The carbon dioxide emission of new products is 60% lower than that of old products, and the energy consumption is also reduced by 30%. According to the publicity materials, the product “not only meets the market demand for both functional and environmental protection of plastic and fiber products, but also makes the company take a big step forward in environmental protection”.

according to the analysis report on in-depth research and investment strategic planning of China’s biodegradable plastics industry from 2014 to 2018 issued by the prospective industry research institute, the global biodegradable polymer market will have an average annual growth rate of 17.3% by 2014, and the market is expected to increase to about 1.2 million tons by 2014. Among them, mixed plastic bags are the most used department in this market. It is expected that the demand for biodegradable plastic bags will reach 550000 tons by 2014, with an annual growth rate of 20%; The second is loose filler packaging, which will increase to 250000 tons by 2014; The third largest application sector is other packaging, including pharmaceutical /health products, agricultural applications and paper coatings, which is expected to reach 2.2 billion pounds by 2014, with an annual growth rate of 24%

according to the analysis and prediction of the prospective industry research institute, the global bioplastics market will grow rapidly, with an annual growth rate of 10% – 12%, and the market value of bioplastics will increase to US $13 billion in 2020. Although packaging will remain the main market, this growth will be driven by new applications in the automotive and electronics industries, and the share of packaging will drop to 40% in 2025

with the improvement and innovation of the technical properties of bioplastics, new applications will be developed in the automotive, medical and electronic industries. The driving force of many applications will be the non-toxic nature of bioplastics. Bioplastics will become the main factor for the development of sustainable and environment-friendly products in the consumer market, The development of new markets and applications also brings higher benefits to suppliers. By 2025, Asia will become the leading region in the bioplastics market, accounting for 32%, followed by Europe, accounting for 31% and the United States, accounting for 28%

the prospect of
biodegradable plastics industry is very good and the growth rate is also very fast

I hope my answer can help you.

when I become the boss, I want 100t

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