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Market Research Report

Bioplastics Market Trends and U.S. & E.U. Outlook

Published by Fuji-Keizai U.S.A., Inc. Contact us : +1-860-674-8796
Published 2007/10 Content info 132 PAGES
Product code FUJI57112
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Description TOC

Abstract

Introduction

Today' s world without plastics is incomprehensible. Bio-based and biodegradable plastics are a very promising innovation for both industry and the economy. Bioplastics are indeed plastics, but very special plastics. Compostability is the main material property, which differentiates bioplastics products from conventional plastic material. This enables the organic recycling of bioplastics products.

"Bioplastics is a concise-and suitable name for biodegradable plastics whose components are derived entirely from renewable raw materials."

Biopolymers have taken a place of large potential source of feedstock for biodegradable plastics because of their plentiful presence, variety of their chemical structure, the biodegradability and their non toxicity. One or more biopolymers combine to form Bioplastics. Even though biopolymers are biodegradable, it is not necessary Bioplastics made from those biopolymers will degrade with same enzyme system. Bioplastics are actually biodegradable plastics. There are two ways to produce Bioplastics, either by using petroleum resources or plant based. Petroleum based Bioplastics never fully decompose, pollute land and water ecologies. Due to limited petroleum resources, their prices and also their disposing problem, demand for biodegradable plastics (which produces carbon di oxide and water) is growing.

"The image of a natural, nontoxic, sustainable and environmentally friendly product has been the driving force." says Clover Chang, Assistant Director, USGC/ Taiwan.

Nationally (USA), less than 6 percent of all waste plastic gets recycled, compared with recycling rates of 50 percent for paper, 37 percent for metals and 22 percent for glass, according to the U.S. Environmental Protection Agency (EPA).

According to the BASF, per capita consumption of plastics would increase to more than 300lbs by 2010 as compared to 223 lbs in 2001 in USA, whopping increase by 36%. It is clear from this figure that the plastics consumption will increase as the development of new products and demand raises. These plastics are conventionally made from petrochemicals and it' s by products. As the petrochemical sources are depleting and the rise in prices results in researching other alternatives.

These alternatives are the second generation of plastics in the form of bioplastics which are not only biodegradable, but also advantageous to our environment, requires lesser energy in processing bioplastics than conventional plastics, releases Co2 and water after degradation, recycle carbon in our environment thereby reducing Co2 production and stabilizing the environment and produces more fertile soil after degradation rich in nutrients and good for further farming.

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