Market Analysis
Theme: Bioplastics: An Improved Plastics for a healthier Environment
Summary:
Bioplastics are plastics in which all carbon is derived from renewable feedstocks. They may or may not be biodegradable. Biobased plastics contain both renewable and fossil-fuel-based carbon. The percentage of biobased ingredients and the conditions under which the biobased product may biodegrade, if at all, vary widely. Products on the market are made from a variety of natural feedstocks including corn, potatoes, rice, tapioca, palm fiber, wood cellulose, wheat fiber, and bagasse. Products are available for a wide range of applications such as cups, bottles, cutlery, plates, bags, bedding, furnishings, carpets, film, textiles and packaging materials. In the US, the percentage of biobased ingredients required for a product to be referred to as biobased is defined by the USDA on a product-by-product basis. Bioplastics Conference 2016 is an event delivering the concept of the biobased world across the globe. In the present world where the use of conventional plastics, the consequences of plastic products use and the waste management of these products when they become waste, is a current and pressing issue. Concerns focus on the potential impact of conventional plastics they cause to the environment.
Importance & Scope:
Bioplastics play a vital role in our lives because of its uniqueness in properties and extended application in industries, packaging, sports, medicine, perfumes and preservatives, plastics, fuels, toys etc. Plastics are also used in the manufacture of Prosthetic devices and surgical equipment. The diversity of use is growing day by day. The history of Bioplastics is not a long one. They are beginning to emerge as a result of needing to be more responsible in taking care of the world we live in. Various reasons are associated with the research and development of Bioplastics. The use of biopolymers and bioplastics could markedly increase as more durable versions are developed, and the cost to manufacture these bio-plastics and composites continues to go fall. Bioplastics can replace conventional plastics in the field of their applications also and can be used in different sectors such as food packaging, plastic plates, cups, cutlery, plastic storage bags, storage containers or other plastic or composite material items you are buying and therefore can help in making environment sustainable.
Bioplastics have wide application in industries like aerospace, automobile etc. It also finds application in specific products like fishing rods, bicycle, sports equipment etc. Traditional plastics are full of harmful by-products and chemicals, which are released during their breakdown process. Biodegradable plastics are completely safe and do not have any chemicals or toxins. This plastic harmlessly breaks down and gets absorbed into the earth. Such advantages of bioplastics are of extreme importance, as the toxic plastic load on the earth is growing and at this rate will cause a whole range of problems for future generations. Many Bioplastics societies have been developed in recent years. The aim of these societies is to foster scientific understanding and technical innovation in Bioplastics processing by providing a platform forum for the worldwide community of engineers and scientists in the field.
Why attend?
5th International Conference on Bioplastics -2017 which is going to be the biggest conference dedicated to Bioplastics & polymer science professionals providing a premier technical forum for reporting and learning about the latest new generation technologies developed during the course of time along with discussing their applications. Events include hot topics presentations from all over the world and professional networking with industries, leading working groups and panels.
Bioplastics Congress 2017 is an event delivering the concept of the biobased world across the globe. In the present world where the use of conventional plastics, the consequences of plastic products use and the waste management of these products when they become waste, is a current and pressing issue. Concerns focus on the potential impact of conventional plastics they cause to the environment.
Meet Your Objective Business sector With individuals from and around the globe concentrated on finding out about Bioplastics & Polymer Engineering, this is the best chance to achieve the biggest collection of members from everywhere throughout the World. Conduct shows, disperse data, meet with current, make a sprinkle with another product offering, and get name acknowledgment on this occasion. Widely acclaimed speakers, the latest methods, strategies, and the most up to date overhauls in Biomaterial and Bioplastics are signs of this meeting.
Major Bioplastics Associations around the Globe:
- Japan Bioplastics Association
- Thai Bioplastics Industry Associations
- Australasian Bioplastics Association.
- British Plastics Federation
- European Council for Plasticizers and Intermediates
- American Coatings Association
- American Chemical Society (Division of Polymer Chemistry)
- American Physical Society Division of Polymer Physics (APS DPOLY)
- Federation of Societies for Coatings Technology
- National Paint & Coatings Association
- American Plastics Council
- Association of Plastics Manufacturers in Europe
- European Committee of Machinery Manufacturers for the Plastics and Rubber Industries
- European Council for Plasticisers & Intermediates
- Indian Rubber Manufacturers Research Association
- Institute of Materials, Minerals, and Mining
- Malaysian Plastics Manufacturers Association
- Performance Textiles Association
- Plastindustrieforbundet (Norway)
- Society of Plastics Engineers (USA)
- Society of the Plastics Industry (USA)
- European Polymer Dispersion and Latex Association
- British Plastics Federation
- International Association of Nanotechnology
- Royal Society of Chemistry
- Polish Chemical Society
· Danish Chemical Society
· Society of Chemical Industry
· American Coatings Association
· Association of Greek Chemists
· Italian Chemical Society
· European Council for Plasticizers and Intermediates
· Faraday Society
· Swedish Chemical Society
· Norwegian Chemical Society
· Royal Netherlands Chemical Society
· Hungarian Chemical Society
· Assobioplastics
Target Attendees
· Eminent Scientists of Bioplastics & Polymer Engineering
· Bioplastics Professors
· Research fellows
· Students
· Directors of Bioplastics & Biomaterial companies
· Chemical Engineers
· Bioplastics Associations
A glance at Market of Bioplastics:
Bioplastics are no longer the exclusive realm of biodegradable or compostable plastics made from natural materials such as corn or starch. In fact, bioplastics are also being applied to degradable petroleum-based plastics, natural-based plastics that are not necessarily biodegradable and plastics containing both petroleum-based and plant-based materials that could biodegrade or not. Growing public concern regarding the environment, climate change and constricted fossil fuel resources represent key drivers for governments, companies, and researchers to unveil safer alternatives to petroleum-based plastics.
The report reviews and analyses the worldwide market for Bioplastics for the global and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World. The regional markets further analyzed for 10 independent countries across North America - the United States, Canada, and Mexico; Europe - France, Germany, Italy, the United Kingdom and Rest of Europe; Asia-Pacific - China, Japan and Rest of Asia-Pacific; South America - Brazil and Rest of South America.
Bioplastic product categories analyzed in this study include Biodegradable Bioplastics - Starch-Based, Polylactic Acid and Other Biodegradable Bioplastics; and Non-Biodegradable Bioplastics. The report also analyses the global end-use markets for bioplastics comprising Packaging, Textiles, Agriculture, Medical, Electronics and other applications such as food service and automotive. The global market for Bioplastics to touch 1.9 million metric tons by 2017 from an estimated 264 thousand metric tons in 2007, growing at a CAGR of 22% during 2007-2017. The market for 2011 is estimated at 476 thousand metric tons and expected to reach 574 thousand metric tons.
Bioplastic types and application areas. The report also profiles 49 key global players and 58 major players across North America - 16; Europe - 20; Asia-Pacific - 19; and South America - 3. The report also provides the listing of the companies engaged in research and development, processing, supplies and distribution of Bioplastics. The global list covers the addresses, contact numbers and the website addresses of 231 companies.The global market size of bioplastics & biopolymers was USD 2.66 Billion in 2015 and is projected to reach USD 5.08 Billion by 2021. The market is projected to witness a CAGR of 12.0%, in terms of value, during the forecast period. In this study, 2015 is considered as the base year for estimating the market size of bioplastics & biopolymers. The market size is projected for the period between 2016 and 2021. The main objective of the study is to define, describe, and forecast the bioplastics & biopolymers market on the basis of type, end-use industry, and application. The report includes detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, industry-specific challenges, and winning imperatives). The report strategically analyzes the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In the report, the market size is projected for the segments, in terms of value, with respect to five major regions (along with countries), namely, North America, Europe, Asia-Pacific, Central & South America, and the Middle East & Africa. Currently, bioplastics represent about one percent of the about 300 million tons of plastic produced annually. But as demand is rising and with more sophisticated materials, applications, and products emerging, the market is already growing by about 20 to 100 percent per year. According to the latest market data, the global production capacity of bioplastics is predicted to quadruple in the medium term, from around 1.7 million tons in 2014 to approximately 7.8 million tons in 2019. Biobased, non-biodegradable plastics, such as biobased PE and biobased PET, are the main drivers of this growth. More than 60 percent of the bioplastics production capacity worldwide in 2014 was biobased, durable plastics. This share will increase to over 80 percent in 2019. Production capacities of biodegradable plastics, such as PLA, PHA, and starch blends, are also growing steadily, nearly doubling from 0.7 million tons in 2014 to well over 1.2 million tons in 2019. PHA production will double by 2019 compared to 2014, due to a ramp-up of old and new capacities in Asia and the USA.
Global level applications of Polymers in Various Industries:
Estimated Global Polymer Market Growth Rate by 2020:
The Global High-Performance Bioplastics Market is poised to grow to more than 80 percent (7.5 million tons) in 2020. The study emphases on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report provides broad market analysis across four major geographies such as North America, Europe, Asia-Pacific and Other parts of the globe.
As there is a need for eradication of plastics, there is an increase in the evolution of industries for Bioplastics. Bioplastics have found wide acceptance in various industries, on account of its distinguished environment-friendly properties. Bioplastics are now an important part of every sector Food tech, nanotech, chemistry, medical etc
Bioplastics are used in an increasing number of markets, from packaging, catering products, consumer electronics, automotive, agriculture, and toys to textiles and a number of other segments. bioplastics are predicted to expand in the medium term, from around 1.7 million tons in 2014 to approximately 7 million tons in 2019.
As there is a requirement for the eradication of plastics, there is an increase in growth of industries for Bioplastics. Bioplastics have found wide acceptance in several industries, on account of its distinguished environment-friendly properties. Bioplastics are now an important part of every sector Food tech, nanotech, chemistry, medical etc. There is an increase of 20% (approx.) in the production of Bioplastics products per year. The market of around 1.2 million tons in 2011 may see a five-fold increase in manufacture volumes by 2016, to almost 6 million tons. By 2020 Bioplastics production could rise to 12 million tons. It would be beneficial for all the students and Researchers whoever willing to enter into corporate worlds targeting to the respective fields. Be a part of it!!!
