Biological powered thermoforming plastic packaging products market continued to be strong

by:Lisson     2020-11-17
Biological powered thermoforming plastic packaging products market continued to be strong biological powered thermoforming plastic packaging products market continued to be strong

recently, studies the company issued a titled '2016 - 2022 global automotive, construction, packaging, consumer goods, electrical and electronics and other applications of biological plastic market ( Biological PET, starch blend, PLA, biological PA, PE, etc. ) Looking forward to comprehensive analysis and prediction.
according to the report, global biological plastic market value of 17 in 2016. 500 million dollars, is expected to reach 354 by 2022. $700 million, 2017 to 2022, the compound annual growth rate of 12. 5%. In number, global biological plastic market in 2016 is about 3324. 800000 tons. At the same time, in 2016 and 2024, to predict the global plastic mold ( After the mold or suppress injection molding plastic products) Will reach $202. 2 billion.
bioplastics from including agricultural wastes, plant oil, corn starch and other components of renewable raw materials for biodegradable polymers. They are used as a substitute for conventional plastic material. Bioplastics, by contrast, less carbon emissions, and is highly biodegradable. Therefore, it has wide application range, namely grocery bags, food containers, electronic shell, disposable tableware, etc.
bioplastics markets around the world are divided into products, applications and regions. Global biological products, including biological PET plastic market, starch blend, PLA, PA, PE etc. Biological PET's dominant market share in 2016, accounting for 20% of the total market share of more than 2016. In addition, the biological polyester PET is second only to the mixture of starch, the same year the market share of more than 10%. Because of its unique properties in the packaging industry, starch mixture will be in the next few years the market one of the fastest growing segment. In the next few years, in contrast, the PLA and biological PA is expected to moderate growth rate.
packaging is the first application of global biological plastic market in 2016, a 2016 global biological accounted for over 28% of the total consumption of the plastic market. Food and beverage, pharmaceutical and healthcare industry in rigid package and flexible packaging is expected to accelerate the growth of the market in the next few years. Consumer is the second largest market in the same year. As developing countries emerging market increasing demand for biological plastic, automotive and construction will become an important channel in the next few years the market consumption.
in the past few decades, Europe is the biological dominate the market of plastic materials. Strict rules and regulations is the main driving force of the regional market. In addition, Britain, France and Germany and other countries environmental awareness and policies, which will bring profit for market in the coming years. Italian pioneered banning the use of conventional shopping bag, is expected to help the commercialization of bioplastics. In addition, in the UK and France adopts the trend is expected to stimulate demand for bioplastics. Biological plastic bag, for example, helps to reduce waste, food waste, and to carry out the organic recycling, improving soil structure and quality.
it is also an important market bioplastics in North America. Promote biological base material using the new regulations is the main driving factors in the region market. The United States is a major contributor to the market in 2016. This trend is expected to continue in the coming years. Packaging, automotive and construction industries on biological plastic materials demand growth is expected to stimulate the region in the coming years biological plastic market size.
in the asia-pacific region is one of the fastest growing biological plastic market forecast period. China is a major contribution to the region's countries in 2016. In addition, the biological plastic capacity strong, especially China and India, is expected to push for the next few years the growth of the market. And light vehicle's emerging trends could push the region car industry biological plastic consumption. Due to raw material supply, the asia-pacific region is expected from 2017 to 2022, the compound annual growth rate will reach 22%. A large number of agricultural waste, the government's vigorously support and the other parameters are predicted to increase in the forecast period of the region's biological plastic market size.
as the package of Brazil and Argentina's emerging industries, Latin America is expected to surge. In addition, the environmental problems of high penetration combined with government support, is expected to promote the region in the near future demand for bioplastics. Due to some international companies for bioplastics project invested heavily, the Middle East and Africa in the near future is expected to experience bioplastics moderate growth. In addition, food and beverage packaging, personal care products and emerging industry such as textile will develop over the next few years the region biological plastic materials business.
according to the report, global biological plastic will cause blowout development, are gradually formed after the plastic economic cycle times. Increasingly serious environmental problems, also will push the global research and development more update of the new material to replace existing high pollution products! Conversion table packaging printing knowledge
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