Bioplastics

Biobased Chemicals & Bioplastics

Green chemistry, also called sustainable chemistry, is an area of chemistry and chemical engineering focused on the design of products and processes that minimize the use and generation of hazardous substances. Polylactic acid or polylactide (PLA, Poly) is a biodegradable thermoplastic aliphatic polyester derived from renewable resources, such as corn starch ,tapioca roots, chips or starch, or sugarcane. In 2010, PLA had the second highest consumption volume of any bioplastic of the world. Polyhydroxybutyrate (PHB) is a polyhydroxyalkanoate (PHA), a polymer belonging to the polyesters class that are of interest as bio-derived and biodegradable plastics. The analysts forecast the Global Green Chemicals Market to grow at a CAGR of 8.16 percent over the period 2013-2018 a market opportunity that will grow from $2.8 billion in 2014 to $98.5 billion by 2020.