South America's bioplastics market is the most popular PET
South America's bioplastics market is the most popular PET
Along with the people environmental protection consciousness enhancement, stimulates the growth of demand for bioplastics, biological plastic manufacturing without petroleum products, after using autolysis, polylactic acid is the production of packaging materials. With the introduction of national energy conservation and environmental protection policies, bioplastics have gradually strengthened in the market, and the development of biology-based bioplastics PET is expected to be most prominent. By 2020, there will be five million tons of bio-plastic biology-made from ethanol made from sugarcane. Because of the abundance of natural resources in Asia and South America, the money to develop bioplastics will go to these two continents. South America's bio-plastic capacity will account for 18 percent of global production in 2020, surpassing Europe and North America. Although the global economy is not clear, the development of South America, led by Brazil in the automobile industry, medical industry and bioplastics, can still bring another new climate to the rubber industry. In response to the green trend, demand for bioplastics or bio-based polymers will only increase. As the world's largest producer of sugarcane, it is natural for Brazil to develop bioplastics. A new study by the nova Institute in Germany suggests that a large number of investments in bio-based polymers will be invested in Asia and South America. The nova Institute report estimates that the development of biologic-based polymers will be faster than the overall material market. The production capacity of the world's bio-based polymers will reach 12 million tons by 2020, three times 2011's 3.5 million tons. At that time, bio-based polymer production will account for 3% of the total production. At present, the biodegradable plastics to enter the mainstream American market, although the cost of biodegradable plastics is still 10% higher than traditional plastic, or even more, but production enterprises found that demand is growing, mainly because the consumer's awareness of environmental protection and environmental protection laws and regulations of the revised. In addition, the strength of biodegradable plastic products has been improved, which brings good news to the sanitation workers and pet owners who are well aware of the dangers of traditional plastics.
