19 April 2013

Global and China Biodegradable Plastics Industry Report, 2012-2015

Production of Chinese Biodegradable Plastics is Expected to Hit 650,000 Tons/a by 2015

Under the influence of environmental pollution, severe waste of resources and other factors, biodegradable plastics industry has been a great concern over recent years. Global biodegradable plastics capacity in 2012 exceeded one million tons. However, affected by product performance, exorbitant prices, etc., the actual demand for biodegradable plastics around the world is only 760,000 tons or so, less than 1% of the overall plastics market demand, revealing a huge market space for biodegradable plastics industry.

Currently, starch-based plastics, polylactic acid (PLA) and polybutylene succinate (PBS) plastics as the world’s three major types of biodegradable plastics occupy about 90% of the total capacity. The first developed starch-based biodegradable plastics has the most mature technology, accounting for approximately 41% of the world’s total biodegradable plastics capacity, but inferior to PLA, PBS, PHA and other varieties in performance. Following the advances in technology research and development, PLA, PBS, etc. will usher in a gradually swelling market; it is expected that by 2015 PLA and PBS products will account for a total of 55% of the global biodegradable plastics capacity.

… Full text: www.reportlinker.com/p0361708-summary/Global-and-China-Biodegradable-Plastics-Industry-Report.html

Tags: structure, competition, PSM, PHA, business analysis, major companies, segments

Source: ReportLinker, 2013-04-19.

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