Connecting Businesses In the World Of Plastics
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The global synthetic and bio-based biodegradable plastics market is driven by growing demand for eco-friendly materials in mainly packaging industry, cheap feedstock supply and its acceptance by the consumers. Globally, biodegradable plastics find its major use in packaging, agriculture and transportation industries. Although, synthetic biodegradable plastics market is also growing at a steady pace, it still lags behind bio-based alternatives and thus experiencing a slightly decreasing market share. Read more in
Spurred by the anticipated high demand from bio-diesels market and growing adoption of alternative renewable sources of energy, the global soy chemicals market is expected to grow well. The soy-based foamed plastics, polyols, methyl soyate, fatty acids and waxes hold tremendous potential for future growth. Increasing petrochemical and crude oil prices, combined with rising environmental concerns that have generated several opportunities for sustainable/renewable raw materials bodes well for the soy industry. Read more in
Soy polyols are proven to perform like their petroleum counterparts or even better in some cases with regards to total weight, strength and durability. The versatility and cost-saving aspects of soy polyols also make it a popular alternative. Technical developments by producers have continued to improve the property profile of the polyols, and allowed their use in a broadening array of applications. Read more in
Global demand for biodegradable and bio-based plastics will more than triple to more than 1 mln metric tons in 2015. Global bioplastics market is forecast to grow at a CAGR of 33.9% over the period 2011-2015. However, the likelihood of the emergence of a global food crisis could pose a challenge to the growth of this industry. Questions are being raised whether the potential damage of bioplastics outweighs their potential benefit. Read more in
Corn, sugarcane and other edible crops are being used to make bioplastics. That sets the bioplastics industry up for competition against the world’s food supply. 1.3 bln tons of food trashed, dumped in landfills and otherwise wasted around the world every year. Research is being conducted to explore the low cost possibility of converting food waste and scrap into polymers. Read more in
A new research has succeeded in converting plastic into fuel feedstocks by identifying a catalyst for breaking down the plastic waste that is low in cost. Breaking down plastic and polymers by heating them to higher temperatures is not a new idea, but the type of catalyst used is what gives the idea its strength. The project can be safely implemented, as it doesn't emit any toxic gases, as long as its implementation abides by the safety measures applied for similar projects. Read more in
High-performance thermoplastic films are playing an increasingly important role as engineers design products in increasingly demanding environments. These films may make possible safer and lighter packaging, economic electric vehicles, better liquid crystal displays (LCDs) and the growth of an economically practical photovoltaic (PV) industry. Read more in
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