Nearly 270 million tonnes of petroleum are used every year in the production of plastics. Apart from the environmental problems associated with extracting the non-renewable resource, nearly 80 million tonnes of plastics end up in landfills. Bioplastics and biopolymers are a biodegradable and natural alternative.
Bioplastics are biobased products that allow for greater product sustainability due to their biodegradability and renewability. Their use is attractive as bioplastics that biodegrade to CO2 and H2O mitigate the negative effects of standard plastic (litter and damage to aqua environments). Renewable feedstocks can be utilized instead of petroleum, thereby reducing global dependence on crude oil and lessening the impact on climate.
Despite growing global environmental awareness, bioplastics currently account for only around 1 percent of the >365 million tons of plastics produced annually, but with annual growth of >30%. Due to the development of advanced biopolymers and materials, reduced costs, regulations and increased consumer awareness, demand is rising.
This report covers:
Analysis of non-biodegradable bio-based plastics and biodegradable plastics and polymers.
Global production capacities, market demand and trends 2019-2025
Analysis of naturally produced bio-based polymers including Polyhydroxyalkanoates (PHA), Polysaccharides, Microfibrillated cellulose (MFC), Cellulose nanocrystals, Cellulose nanofibers, Protein-based bioplastics, Algal and fungal.
Market segmentation analysis. Markets analysed include packaging, consumer goods, automotive, building & construction, textiles, electronics, agriculture & horticulture.
More than 215 companies profiled including products and production capacities. Companies profiled include major producers such as NatureWorks, Total Corbion, Danimer Scientific, Novamont, Mitsubishi Chemicals, Indorama, Braskem, Avantium, Borealis, Cathay, Dupont, BASF, Arkema, DuPont, BASF and many more. Profiles include products and production capacities.
Profiles of start-up producers and product developers including AMSilk GmbH, Notpla, Loliware, Bolt Threads, Ecovative, Kraig Biocraft Laboratories Spiber and many more.
1 EXECUTIVE SUMMARY 16
1.1 Market trends 17
1.2 Global production to 2030 18
1.3 Main producers and global production capacities 19
1.3.1 Producers 19
1.3.2 By biobased and sustainable plastic type 21
1.3.3 By region 25
1.4 Global demand for biobased and sustainable plastics 2020, by market 26
1.5 Impact of COVID-19 pandemic on the bioplastics market and future demand 30
1.6 Challenges for the biobased and sustainable plastics market 31
2 RESEARCH METHODOLOGY 33
3 THE GLOBAL PLASTICS MARKET 34
3.1 Global production 34
3.2 The importance of plastic 34
3.3 Issues with plastics use 35
4 INTRODUCTION 36
4.1 Bio-based or renewable plastics 36
4.1.1 Drop-in bio-based plastics 36
4.1.2 Novel bio-based plastics 37
4.2 Biodegradable and compostable plastics 38
4.2.1 Biodegradability 38
4.2.2 Compostability 39
4.3 Advantages and disadvantages 39
5 BIO-BASED POLYMER TYPES AND MARKET PROSPECTS 41
6 MARKET LEADERS BY BIOBASED AND/OR BIODEGRADABLE PLASTIC TYPES 43