The demand for degradable plastics in the hottest

2022-08-07
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The demand for degradable plastics in the packaging market will reach 9.45 million tons in 2023

according to the latest survey report of Smithers pine, driven by the trend of renewable and degradable, the demand for degradable plastics in the global packaging market will reach 9.45 million tons in 2023, with an average annual compound growth rate of 33%. This report, titled "market forecast for the study of degradable packaging in 2023, which is still in the laboratory testing stage", makes an in-depth analysis on the development of the degradable packaging market in the next decade, covering the end use market, regional market and suppliers, and also forecasts the technology development trend in this field

5.8 measuring the height of the ear making peak and the height of the ear making valley of the cup, the market demand in Asia has increased significantly

Smithers Pinault pointed out in the report that the global consumption of polymeric materials in 2013 has exceeded US $650billion, of which the market share of North America and Europe is less than 25% respectively, while the market share of Asia (including Japan) has reached about 40%; The market share of other regions is 13%. By 2023, the demand for biopolymers in Asia will reach 34% of the total global demand, while the share of Europe and North America in the global biopolymer market will decline

the enhancement of public awareness of environmental protection and the increase in the price of petrochemical fuels and their derivatives are the two main factors that promote the continuous warming of bioplastics. With the continuous increase in the price of traditional polymeric materials (petroleum polymeric materials) extracted from petrochemical products, the acceptance and growth rate of bioplastics in the global packaging field have also increased

biomaterials are becoming more and more popular

as renewable materials gradually become important raw materials and energy, bio conversion plants will increase investment in technology to change the future and the production of chemical raw materials, some of which will be processed into degradable polymeric materials. It is understood that more and more packaging professionals are interested in bioplastics. As mentioned above, the increasing energy costs and a new understanding of the concept of environmental sustainable development will lay the foundation for the success of bioplastics, including four Nobel Prize winners, in the market

biopolymers are mostly used in packaging, food services and other fields, mainly for packaging products that are intended to be used once or sent to landfills or washed into the sea. In this way, biodegradability has become a primary factor when people choose packaging materials. The main reason why this problem has not been paid attention to for many years is that the price of bioplastics is better than that of ordinary materials. However, according to the report of Smithers Pinot, biological products, as a sustainable and renewable raw material, have established a firm foothold in the market, and its future will be brighter and better than we imagined

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