The increasing public awareness of environmental protection has led to a significant increase in the acceptance and growth rate of bioplastics in the global packaging industry. According to data, the demand for biodegradable plastics in the global packaging market will reach 9.45 million tons in 2023, with an average annual compound growth rate of 33%, driven by renewable and degradable trends. Woven Wire Mesh,Stainless Steel Woven Wire Mesh,Brass Woven Wire Mesh,Steel Woven Wire Mesh glorybest industry co.,ltd , https://www.hbglorybest.com
It is understood that in 2013 the global aggregate material consumption has exceeded 650 billion U.S. dollars, of which North America and Europe each have a market share of less than 25%, while Asia (including Japan) has a market share of about 40%; other regions The market share is 13%. By 2023, Asia's demand for bio-polymeric materials will reach 34% of global demand, while Europe and North America's share of the global bio-polymer market will decline.
With renewable materials becoming an important raw material and energy, bioplastics are becoming more and more popular among packaging professionals. Bioconversion plants will also increase investment in technology and production of chemical raw materials, some of which will be processed into degradable polymeric materials. As mentioned earlier, the ever-increasing energy costs and the re-understanding of the concept of environmental sustainability will lay the foundation for the success of bioplastics in the market.
Biopolymer materials are mostly used in the packaging and food service industries. They are mainly used to package products that are intended for use at one time or sent to landfills or into the sea. As a result, biodegradability has become a factor that people first consider when choosing packaging materials.
Bioplastics have not been widely used for many years because bioplastics are more expensive than ordinary materials. However, we cannot save costs by sacrificing the cost of the environment. As a sustainable and renewable raw material, biological products have already gained a firm foothold in the market, and it will inevitably find wider application in the future.
Environmental awareness increases demand for biodegradable plastics in the packaging market