Biodegradable Plastics Market
and more carbon monoxide than conventional mixtures, which makes it even more valuable. The gases are turned into building blocks for biodegradable plastics by genetically engineered microbes.
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Researchers at the Centre for Sustainable Chemical Technologies at the University of Bath developed a new form of biodegradable polycarbonates made from sugar and carbon dioxide that could replace conventional plastics. While conventional polycarbonates use harmful ingredients such as BPA and phosgene, the new material can be recycled readily or even reconverted into carbon dioxide and sugar by using soil bacteria. The manufacturing process of the new biodegradable plastic is also remarkable in that it can be conducted at room temperature and low pressures, which represents a significant technological advance for the global biodegradable plastics market.
Packaging Industry Likely to Lead Demand from Biodegradable Plastics Market
The global biodegradable plastics market is segmented by end use into packaging, textile, agriculture, electronic, injection molding, and the healthcare sector. Of these, the packaging industry is likely to remain the leading contributor to the global biodegradable plastics market in the coming years, due to the intrinsic need to dispose of packaging material after extracting the packaged item. The food and beverage industry is thus likely to be a key consumer in the global biodegradable plastics market due to the rising demand for packaged food across the world.
Geographically, Europe is likely to retain its dominant share in the global biodegradable plastics market in the coming years, supported by the promising research and development scenario in Western and Central European countries. Steady government support in many European countries to the development of long-term strategies to eradicate the threat of plastic waste is a key driver for the global biodegradable plastics market. Europe is likely to account for more than a third of the global biodegradable plastics market by 2023.
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TABLE OF CONTENT
Chapter 1 Preface 1.1 Report Description 1.2 Research Scope 1.3 Assumptions
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