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Demand for biodegradable polymers will double until 2017 Do 2017 roku popyt na biotworzywa wzrośnie dwukrotnie

Demand for biodegradable polymers will double until 2017
According to a new IHS Chemical report, mounting consumer pressure and legislation such as plastic bag bans and global warming initiatives will increase demand for biodegradable polymers in North America, Europe and Asia from 269 thousand metric tons (KMT) in 2012 to nearly 525 KMT in 2017, representing an average annual growth rate of nearly 15 percent during the five-year period 2012-2017.

The report focuses on biodegradable polymers, including compostable materials, but not necessarily including all bio-based products. Biodegradable polymers are a part of the larger overall bio-plastics market. Typically, bio-plastics are either bio-based or biodegradable, although some materials are both.

In terms of biodegradable polymer end-uses, it is estimated that the food packaging (including fast-food and beverage containers), dishes and cutlery markets are the largest end-uses and the major growth drivers. In both North America and Europe, these markets account for the largest uses and strong, double-digit growth is expected in the next several years. Foam packaging once dominated the market and continues to represent significant market share for biodegradable polymers, behind food packaging, dishes and cutlery. Compostable bags, as well as single-use carrier plastic bags, follow foam packaging in terms of volume.

"The biodegradable polymers market is still young and very small, but the numbers are off the charts in terms of expected demand growth and potential for these materials in the coming years," said Michael Malveda, principal analyst of specialty chemicals at IHS Chemical. "Food packaging, dishes and cutlery constitute a major market for the product because these materials can be composted with the food waste without sorting, which is a huge benefit to the waste management effort and to reducing food waste and packaging disposal in landfills. Increasing legislation and consumer pressures are also encouraging retailers and manufacturers to seek out these biodegradable products and materials."

The report also noted that these biodegradable polymers offer expanding uses for biomedical applications. Another developing use for these biodegradable polymers is in the shale gas industry, where they are used during hydro-fracking as more environmentally friendly proppants to 'prop open' fractures in rock layers so oil and gas can be released.