It is reported that developed countries and regions such as Europe, the United States, and Japan have successively formulated and introduced relevant laws and regulations, restricting the use of non-degradable plastics through measures such as partial bans, restrictions on use, compulsory collection, and collection of pollution taxes, and vigorously develop new biodegradable materials. Protect the environment and protect the soil.
Among them, France introduced the policy in 2005 that all disposable plastic bags must be biodegradable after 2010. Now Cameroon has also joined this camp, showing that non-environmentally friendly packaging materials will continue to hit the wall in the future development market. Correspondingly, environmentally friendly packaging materials will usher in a golden period of development.
Increased demand for biodegradable plastic packaging market
As renewable materials become increasingly important raw materials and energy, bioconversion plants will increase investment in technology and production of chemical raw materials, some of which will be processed into degradable polymeric materials. It is understood that bioplastics are getting more and more favored by packaging professionals. As mentioned earlier, the ever-increasing energy costs and the re-understanding of the concept of environmentally sustainable development will lay the foundation for the success of bioplastics in the market.
Biopolymer materials are mostly used in the packaging and food service industries. They are mainly used to package products that are intended for use at one time or sent to landfills or into the sea. As a result, biodegradability has become a factor that people first consider when choosing packaging materials. The main reason why this issue has not been valued for many years is that bioplastics are more expensive than ordinary materials. But from Smithers. According to the report of the Painuo company, as a sustainable and renewable raw material, biological products have already established a foothold in the market, and its future will be brighter and better than we imagined.
According to the latest research report from Palo Alto, the demand for biodegradable plastics in the global packaging market will reach 9.45 million tons in 2023, driven by the trend of renewable and degradable, with an average annual compound growth rate of 33%. The report entitled "Degradable Packaging Market Forecast in 2023" provides an in-depth analysis of the development of the biodegradable packaging market in the next ten years. The content covers the end-use market, regional markets and suppliers, and many other aspects. The technology development trend in this area is forecasted.
In the report, Smithers Pineau pointed out that in 2013, the global consumption of aggregated materials has exceeded 650 billion U.S. dollars, of which North American and European market share is less than 25% respectively, and the market in Asia (including Japan) The share is about 40%; the market share in other regions is 13%. As of 2023, Asia's demand for biopolymer materials will reach 34% of global demand, while Europe and North America are in the global biopolymer market. The share will decline.
The increase in public environmental awareness and the increase in the prices of fossil fuels and their derivatives are two of the main factors that contribute to the rising temperature of bioplastics. With the continuous increase in the price of traditional polymeric materials (petroleum polymer materials) extracted from petrochemical products, the acceptance and growth rate of bioplastics in the global packaging industry have also increased.
Full biodegradable plastic is the future direction of development
In recent years, R&D of fully biodegradable plastics has been the most active in developed countries. According to reports, in 1998, the annual global production of biodegradable plastics was approximately 30,000 tons. By 2001, the output of the United States, Western Europe and Japan had increased to 70,000. Tons, it has reached 120,000 tons in 2004. It is predicted that the global production capacity of newly degraded biodegradable polymers will reach 22.5 to 300,000 tons by 2007. At present, the degraded products in foreign countries are mainly fully biodegradable plastics, which will be the direction of future long-term industrial development.
It is understood that in 2013 the global aggregate material consumption has exceeded 650 billion U.S. dollars, of which North America and Europe each have a market share of less than 25%, while Asia (including Japan) has a market share of about 40%; other regions The market share is 13%. By 2023, Asia's demand for bio-polymeric materials will reach 34% of global demand, while Europe and North America's share of the global bio-polymer market will decline.
With renewable materials becoming an important raw material and energy, bioplastics are becoming more and more popular among packaging professionals. Bioconversion plants will also increase investment in technology and production of chemical raw materials, some of which will be processed into degradable polymeric materials. As mentioned earlier, the ever-increasing energy costs and the re-understanding of the concept of environmentally sustainable development will lay the foundation for the success of bioplastics in the market.