Biodegradable Plastic Markets with high growths to 2015 over 6 Billion US Dollar
and 12.5 bn 2025
65 Percent of Bioplastics in 2007 is Packaging and Food related and in 2025
still 40 Percent but Automotive and Electronics reach over 25 Percent by 2025
with higher Profit potential. Innovations, Consumer demand and Legislation drive
the markets.
Bioplastics are biodegradable and can be made from a wide range of different
plants. In the future genetically modified plants will need less water and
reduce the costs. Bioplastics has the potential to reduce the petroleum
consumption for plastic by 15 to 20 percent in 2025. Improved technical
properties and innovations open new markets and applications with higher profit
potentials in automotive, medicine and electronics.
When bioplastic companies change there strategy from just replacing today's
products to new applications, product conceptions and production processes with
the advantage of bioplastics the profitability and saleability increase
dramatically.
In 2025 Europe will count for 31 percent, USA 28 percent and Asian for 32
percent of the total markets. Asian has the advantage that genetically modified
plants are easier to realize and new outlets for agriculture are faster to build
up.
These are some results of a new released market study by Helmut Kaiser
Consultancy
http://www.hkc22.com/bioplastics.html
Bioplastics fast market growth of more than 8-10% per year. Bioplastics cover
approximately 10-15% of the total plastics market and will increase its market
share to 25-30% by 2020. The market itself is huge, it reached over 1bn US$ in
2007 and will be over 10 billion by 2020. More and more companies are entering
and investing in this market. New applications and innovations in the Automotive
and Electronics Industry lead to market boom. Over 500 bioplastics processing
companies are already available, more than 5000 is expected by 2020.
Bioplastics Market Worldwide with high growth through Consumer Demands for
Nontoxic Products. Nontoxic is the key image, sustainable and environmentally
friendly products is the driving force. Less than 3 percent of all waste plastic
worldwide gets recycled, compared with recycling rates of 30 percent for paper,
35 percent for metals and 18 percent for glass, according to a study by helmut
kaiser consultancy 2006. The world’s resources are depleting at an amazing
speed. Fossil fuels are exhaustible and due to the increasing population, these
will not be sustainable in the future. Plastics are produced from by products of
the fossil fuel processing. Fossil fuels are limited and are non renewable,
bioplastics on the other hand could be a solution for the future.
Bioplastics are plastics produced from biomass sources. Biomass sources are
renewable and are more environmental friendly than the current sources for
plastic production. Bioplastics and normal plastics have many thing in common,
the only difference is that, bioplastics use renewable resources in their
manufacturing and are mostly biodegradable and recyclable.
The advantages of bioplastics are the uses of plant sources as renewable
materials and the products could be further recycled as ‚new’ biomass sources,
for thermal, organic or chemical recycling. The production of bioplastics are
more environmental friendly, as less CO2 are produced, thus not contributing
much to the global warming.
The currently available bioplastics cover approximately 10-15% of the plastics
market and is expected to grow between 8-10% annually. Europe is one of the most
important markets, due to the limited amount of crude oil reserves. In recent
years, bioplastics have been used in the food and packaging industry, medical,
toys and textile industries. With new innovations expected in the near future,
there would be more and more applications for bioplastics, such as the
automobile industry and electronics industry, where plastics play a major role.
Car companies know that plastic parts made from plants will appeal to 'green'
customers and customers who care. Toyota is one of the leading companies in
research and usage.
Bioplastics production companies are relatively small plants and are still in
the early stages of the development and surely, with new developments in the
future, the production will be more and more effective and will open new
applications, and new opportunities.
The new study discusses the market structure of bioplastics, its development
worldwide by regions, applications and technologies. The markets that are
covered include, bioplastic manufacturing, bioplastics processing, bioplasting
distribution, recycling and renewable raw materials. It states the markets in
2007 and shows the worldwide developments to 2015 and 2025 in details.
For more information email : hkc22@...
New study by helmut kaiser consultancy 2008
http://www.hkc22.com/bioplastics.html
Contact:
Helmut Kaiser Consultancy
email: hkc22@...
Website: www.hkc22.com
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