According to a new research report released by the Freedonia Group Corporation, a US industrial market research organization, on December 6, 2011: In 2015, the demand for bio-plastics and related bio-packaging materials in the global packaging market will be tripled, estimated at 1 million. Tons, the market value will reach 2.9 billion U.S. dollars.
According to the relevant person in charge of the Freedonia Group, bioplastics has already passed its initial stage, and the current demand around the world has highlighted the prosperity. The main factors contributing to this situation include: Consumers' requirements for environmentally friendly packaging materials, the superiority of bio-resin compared to traditional plastics, and the increase in the number of bio-based plastics.
The price is the main reason that determines whether the future demand for the bio-packaging material market is greatly developed. The rise in the cost price of petroleum will lead to the rapid development of bio-packaging materials in the next 10 years. Bioplastics already account for 90% of the global biological market. Bioplastics and polylactic acid-based bioplastics demand will double exponentially in 2015. At the same time, the demand for non-biodegradable bioplastics is expected to increase from 30,000 tons in 2010 to 1.3 million tons in 2020.
According to Freedonia Group Inc, based in Cleveland, USA. The company’s investigation report entitled “World Bioplastics†stated that by the end of this decade, bioplastic resins will be comparable in price to traditional plastics.
Among them, the main factors that promote the development of bio-plastics will be brought about by non-biodegradable resins, including bio-based polyethylene and polypropylene.
The 318-page investigation report sold for $6,100.
According to the relevant person in charge of the Freedonia Group, bioplastics has already passed its initial stage, and the current demand around the world has highlighted the prosperity. The main factors contributing to this situation include: Consumers' requirements for environmentally friendly packaging materials, the superiority of bio-resin compared to traditional plastics, and the increase in the number of bio-based plastics.
The price is the main reason that determines whether the future demand for the bio-packaging material market is greatly developed. The rise in the cost price of petroleum will lead to the rapid development of bio-packaging materials in the next 10 years. Bioplastics already account for 90% of the global biological market. Bioplastics and polylactic acid-based bioplastics demand will double exponentially in 2015. At the same time, the demand for non-biodegradable bioplastics is expected to increase from 30,000 tons in 2010 to 1.3 million tons in 2020.
According to Freedonia Group Inc, based in Cleveland, USA. The company’s investigation report entitled “World Bioplastics†stated that by the end of this decade, bioplastic resins will be comparable in price to traditional plastics.
Among them, the main factors that promote the development of bio-plastics will be brought about by non-biodegradable resins, including bio-based polyethylene and polypropylene.
The 318-page investigation report sold for $6,100.
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