{"id":16260,"date":"2012-12-10T00:00:00","date_gmt":"2012-12-09T22:00:00","guid":{"rendered":"http:\/\/www.bio-based.eu\/news\/index.php?startid=20121210-01n"},"modified":"2012-12-10T00:00:00","modified_gmt":"2012-12-09T22:00:00","slug":"nanomarkets-latest-report-forecasts-the-bio-plastics-market-through-2020","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/nanomarkets-latest-report-forecasts-the-bio-plastics-market-through-2020\/","title":{"rendered":"NanoMarkets\u2019 Latest Report Forecasts the Bio-Plastics Market Through 2020"},"content":{"rendered":"<p><b>Industry analyst firm NanoMarkets has published an in-depth analysis of worldwide markets for bio-plastics, covering all major bio-plastics including starch-based bio-plastics, bio-polyesters, cellulose-based bio-plastics and bio-polymers.  The report titled &#8220;Bio-Plastics Markets \u20132013,\u201d claims that revenues from bio-plastics will reach $6.1 billion by 2018, with 8.6 million tons of bio-plastics shipped.<\/b><\/p>\n<p>The report also discusses new feedstocks such as seaweed, and carbon dioxide.  Applications analyzed include food and pharma packaging, waste bags, medical implants, diapers, mulch foils, electronics, and tires\/automotive.  Eight-year forecasts with breakouts by materials type, applications and region are included.<\/p>\n<p>The report discusses the activities of many firms pioneering the use of bio-plastics including Arkema, Avantium, BASF, Braskem, Bridgestone, Cargill, Casda, Coca Cola, Cooper Tire, Danone, Dow Chemical, Faurecia, FKuR, Gevo, Green Dot, Heinz, Hisun Biomaterials, Innovia Films (UK), Invista, LanzaTech, M &#038; G, Metabolix, Mitsubishi Chemical, Mitsui, Nike, Novamont, P&#038;G, PTT, Purac, Showa Denko, Solvay, Teijin, Toray and Uhde Inventa-Fischer<\/p>\n<p>Additional details about the report are available at: <a href=\"http:\/\/nanomarkets.net\/market_reports\/report\/bio_plastics_markets\" >http:\/\/nanomarkets.net\/market_reports\/report\/bio_plastics_markets<\/a><\/p>\n<p><b>More from the report:<\/b><br \/>While bio-plastics represent only 1% of the total plastics market today, NanoMarkets\u2019 report projects that amount will grow to 7% by 2020.  Market drivers include recyclability of bio-based PA, PE and PET and the bio-degradability\/compostability of other bio-plastics.  The sector will benefit from European and Japanese mandates favoring compostable\/recyclable materials, also the involvement of big name firms such as BASF and Dow Chemical which are investing billions of dollars into bio-plastics.<\/p>\n<p>To reach full potential, bio-plastics must come down in price; today they are two-to-three times the price of fossil-based plastics. This sector is also highly capital intensive.  For every one million tons of bio-plastics production capacity, at least $1.25 billion is invested. <\/p>\n<p>Cost reductions will be achieved through economies of scale and by using less expensive feedstocks; switching to cassava for bio-PLA will reduce feedstock cost by 70%.  Another factor that will help bio-plastics will be ongoing technical improvements such as better barrier coatings.<\/p>\n<p>The consumption of bio-plastics by the packaging industry will amount to 1.3 million tons in 2013; almost 75 percent of bio-plastics shipped.  Packaging will still hold a 65 share of the bio-plastics market as late as 2020.  For plastic bottles, bio-PET is expected to replace fossil-based plastics entirely and PLA foamed structures are expected to take a noticeable share of the food container segment.<\/p>\n<p>The other big bio-plastics opportunity lies in the automotive segment, which is expected to consume just 75 million tons of bio-plastics in 2013 but more than 10 times that amount in 2018.  Bridgestone and Cooper Tire are developing bio-plastic tires and bio-based butadiene tires will be retailing by 2014.  Mitsubishi is doing R&#038;D work on bio-plastics for automotive interior parts. Bio-plastics that are expected to be used in the automotive segment include PLA blends, bio-PA, bio-PE, and bio-PET.<\/p>\n<p>Bio-plastics product is shifting to Asia and South America, closer to where feedstocks are grown. By 2020 nearly 80% of bio-plastics will be produced in these regions.  Chinese companies are already making bio-plastics and firms such as Arkema and BASF are investing in the Chinese bio-plastic sector.  Chinese domestic consumption for bio-plastics will also grow rapidly, but will be constrained by Chinese government concerns with using food crops for feedstocks.<\/p>\n<p><b><i>About NanoMarkets:<\/i><\/b><br \/>NanoMarkets tracks and analyzes emerging markets in advanced materials. The firm is the recognized leader in industry analysis and forecasts for a variety of functional plastics-related markets.<\/p>\n<p><b>Contact<\/b><br \/>Robert Nolan<br \/>NanoMarkets<br \/>Phone: (804) 938-0030<br \/>Email: <a href=\"mailto:rob@nanomarkets.net\">rob@nanomarkets.net<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><b>Industry analyst firm NanoMarkets has published an in-depth analysis of worldwide markets for bio-plastics, covering all major bio-plastics including starch-based bio-plastics, bio-polyesters, cellulose-based bio-plastics and<\/b><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[],"supplier":[102,742,75,1604,3530,230,3033,1245,3316,2518,372,237,302,818,12997,2396,598,3374,2392,194,1009,2777,9407,4217,3545,509,600,7859,622,3167,11748,689,709,76],"class_list":["post-16260","post","type-post","status-publish","format-standard","hentry","category-bio-based","supplier-arkema","supplier-avantium-technologies-bv","supplier-basf-se","supplier-braskem","supplier-bridgestone-corporation","supplier-cargill-inc","supplier-casda-biomaterials","supplier-coca-cola-co","supplier-cooper-tire-rubber-company","supplier-danone-gmbh","supplier-dow-chemical-company","supplier-faurecia","supplier-fkur-kunststoff-gmbh","supplier-gevo-inc","supplier-green-dot-bioplastics","supplier-heinz-company","supplier-innovia-films","supplier-invista","supplier-lanzatech","supplier-metabolix","supplier-mitsubishi-chemical","supplier-mitsui-co-ltd","supplier-mossi-ghisolfi-group","supplier-nanomarkets","supplier-nike","supplier-novamont","supplier-procter-gamble","supplier-pttgc","supplier-purac-sa","supplier-showa-denko","supplier-solvay","supplier-teijin-ltd","supplier-toray-industries-inc","supplier-uhde-inventa-fischer"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/16260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=16260"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/16260\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=16260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=16260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=16260"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=16260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}