The 5th Bioplastics Markets Conference will explore the global biodegradable plastics market outlook, including challenges and opportunities faced in this rapidly growing albeit nascent industry.
Among key issues that will be covered are market analysis of trends & demand/supply sustainability in developing markets in East Asia & Southeast Asia, specifically China; as well brand owners & end user’s perspective on bioplastics applications, emerging end-user applications, technological advancements and more.
Following the global trend, China’s biodegradable plastics industry has developed rapidly. The biodegradable plastics capacity reached 80,000 tons in 2007, and soared to 150,000 tons in 2009, almost 100% more than that in 2007. However, in 2009, China's domestic consumption of bio-plastics was less than 8,000 tons, and over 95% of China’s bio-plastic materials and products were exported to Europe, America and other developed countries, because people there have a strong awareness of environmental protection and are rich enough to accept expensive biodegradable plastics.