Biomaterials are plastics that are produced by microorganisms based on natural substances such as starch, and are environmentally friendly and are environmentally friendly, and many countries have conducted research.
It is reported that the global bio-plastics market will grow rapidly, with an expected annual growth rate of 8% -10%, from $ 1 billion in 2007 to $ 10 billion in 2020. New applications in the automotive and electronics industries Will promote the growth of bio-plastics demand, although the packaging will still dominate the market position, is expected to its share of 65% in 2007 will drop 40% in 2025. By 2025, Asia will be the leader in the bioplastics market, accounting for 32% of the market share, followed by Europe accounted for 31%, the United States accounted for 28% of Asia will occupy the market leading position is mainly based on genetically modified plants will be rapid development.In 2007, bio-plastics accounted for about 10% , Is expected to reach 25% -30% by 2020. Mainly will benefit from the improvement of bio-plastics technology performance, technological innovation will expand in the automotive, medical and electronics industry applications.
At present, bio-plastics rely only on about 0.01% of the agricultural area in the 5 billion hectares of global agricultural area, and BCC research shows that bio-plastics production is expected to grow by 272% from 2015 to 2020, and bio-plastics production From 2015 to 2020 is likely to grow 271%, which means that by 2020, bio-plastics may consume about 0.04% of the global agricultural area of agricultural products (000061).
The growing popularity of bio-plastics, known as 'drop-ins', is an important industry trend that is comparable to the petroleum-based plastic chemistry that they replace, but because they do not need to change existing equipment, they are more acceptable to customers and products Can be recycled, so won the favor of large packaging business.Although the specific performance of a variety of bio-plastics vary widely, but compared to petroleum-based plastic, bio-plastic thermal performance is weaker.Therefore, according to BCC research, the future The use of bio-plastics and petroleum-based plastics used in durable products will be more and more.