The capacity for bioplastic production is predicted to grow by more than 400% by 2018, according to European Bioplastics' latest annual market data update, which shows that capacity will increase from around 1.6 mln tons in 2013 to approximately 6.7 mln tons in 2018. Figures suggest Asia will become a chief production hub, with countries such as Thailand, India and China producing about 75% of bioplastics by 2018. Europe, currently a major driver in research and development (R&D), will retain only 8% of the production capacity.
Bioplastics are produced using renewable resources such as corn starch and sugarcane. Many are biodegradable which means they offer a sustainable alternative to conventional plastic and provide a wider range of end-of-life options. The production of biobased PE (polyethylene) and PET (polyethylene terephthalate) are increasing the most - PLA (Polylactide) being a major growth driver in the field of biobased and biodegradable plastics. Locally-produced renewable and compostable plastics will benefit from the new EU legislation on the use of single-use plastic carrier bags, and both flexible and rigid packaging will remain the leading application field for bioplastics. De Bie said: "Besides this, a decisive growth can be observed in textiles and automotive applications. From functional sports garments with enhanced breathability to fuel lines - bioplastics are constantly spreading into new markets."
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}