Hottest global renewable biodegradable plastic mar

2022-07-24
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In 2018, the global renewable biodegradable plastic market reached 7billion US dollars

from the perspective of the entire global market, Europe is expected to maintain its leading position in terms of revenue until 2018. The global market share of synthetic and biodegradable plastics is expected to account for 36.8% in Europe in 2018, followed by North America. Therefore, the distance between markings is also different. The global synthetic and bio based biodegradable plastic market is driven by the growing demand for environmental protection materials, cheap raw material supply and consumer recognition. Globally, biodegradable plastics are mainly used in packaging, agriculture, transportation and other industries

Luo Baihui, Secretary General of China mold, hardware and plastic industry supplier Association, which has maintained a double-digit growth rate this year, said that the biodegradable plastic market is divided into two markets: synthetic biodegradable plastic market and renewable biodegradable plastic market. Because of its ecological and environmental characteristics, most countries are turning to biodegradable plastics. Although the synthetic biodegradable plastics market is also growing at a steady pace, it still lags behind the bio based substitutes, so its market share is declining slightly

in the past 10 years, due to the growing demand for environmental protection materials, the demand for biodegradable plastics has increased significantly. The market of bio based biodegradable plastics is subdivided into starch based plastics, polylactic acid and polyhydroxyalkanoates according to their types. In 2011, the renewable biodegradable plastics market was US $1.9 billion, and it is expected to reach US $7billion in 2018

the main regional markets for biodegradable plastics are Europe, North America and Asia Pacific. Among them, Europe accounted for the largest market share of the global synthetic biodegradable plastic market in 2012 and is expected to lead the global market until 2018. It is estimated that the Asia Pacific market will grow at a compound annual growth rate of 25.7% in 2011 and 2018

according to introduction, the categories of synthetic biodegradable plastics are divided into: polycaprolactone and polybutylene succinate. Biodegradable plastics are classified into starch based plastics, polylactic acid and polyhydroxy fatty acid esters. (4) after thermal cycle test at 0 ℃ to +100 ℃

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