{"id":25393,"date":"2015-04-08T05:18:16","date_gmt":"2015-04-08T03:18:16","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=25393"},"modified":"2015-04-08T11:00:58","modified_gmt":"2015-04-08T09:00:58","slug":"market-study-and-trend-reports-on-bio-based-building-blocks-and-polymers-in-the-world-capacities-production-and-applications-status-quo-and-trends-towards-2020-2","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/market-study-and-trend-reports-on-bio-based-building-blocks-and-polymers-in-the-world-capacities-production-and-applications-status-quo-and-trends-towards-2020-2\/","title":{"rendered":"Market study and Trend Reports on \u201cBio-based Building Blocks and Polymers in the World \u2013 Capacities, Production and Applications: Status Quo and Trends Towards 2020\u2033"},"content":{"rendered":"

Two years after the first market study was released, Germany\u2019s nova-Institute is publishing a complete update of the most comprehensive market study of bio-based polymers ever made in June 2015. This update will expand the market study\u2019s range, including bio-based building blocks as precursor of bio-based polymers. The nova-Institute carried out this study in collaboration with renowned international experts from the field of bio-based building blocks and polymers. The study investigates every kind of bio-based polymer and, for the first time, several major building blocks produced around the world.<\/strong><\/p>\n

The short version of the full market study is now available! You can pre-order the market study and download the short version at<\/strong> http:\/\/bio-based.eu\/markets\/#market_study_bio-based_building_blocks_and_polymers<\/a>.<\/p>\n

In 2014, for the first time, the association “European Bioplastics” used nova-Institute\u2019s market study as its main data source for their recently published market data. For the European Bioplastics\u2019s selection of bio-based polymers, which differs from the nova-Institute\u2019s selection, bio-based polymers production capacities are projected to grow by more than 400 % by 2018.<\/p>\n

For the nova-Institute\u2019s selection, production capacity of bio-based polymers will triple from 5.2 million tonnes in 2013 to nearly 17 million tonnes by 2020. The production capacity for bio-based polymers boasts very impressive development and annual growth rates, with a compound annual growth rate (CAGR) of almost 20% in comparison to petrochemical polymers, which have a CAGR between 3-4%. The 5.2 million tonnes represent a 2% share of overall structural polymer production at 256 million tonnes in 2013. The bio-based share of overall polymer production has been growing over the years: it was 1.5% in 2011 (3.5 million tonnes bio-based for a global production of 235 million tonnes). With an expected total polymer production of about 400 million tonnes in 2020, the bio-based share should increase from 2% in 2013 to more than 4% in 2020, meaning that bio-based production capacity will grow faster than overall production capacity.<\/p>\n

The most dynamic development is foreseen for drop-in bio-based polymers, but this is closely followed by new bio-based polymers. Drop-in bio-based polymers are chemically identical to their petrochemical counterparts but at least partially derived from biomass. This group is spearheaded by partly bio-based polyethylene terephthalate (PET), whose production capacity was around 600,000 tonnes in 2013 and is projected to reach about 7 million tonnes by 2020, using bio-ethanol from sugar cane. Bio-based PET production is expanding at high rates worldwide, largely due to the Plant PET Technology Collaborative (PTC) initiative launched by The Coca-Cola Company. The second most dynamic development is foreseen for polyhydroxyalkanoates (PHA), which, contrary to bio-based PET, are new polymers, but still have similar growth rates to those of bio-based PET. Polylactic acid (PLA) and bio-based polyurethanes (PUR) are showing impressive growth as well: their production capacities are expected to almost quadruple between 2013 and 2020.<\/p>\n

Most investment in new bio-based polymer capacities will take place in Asia because of better access to feedstock and a favourable political framework. Europe\u2019s share is projected to decrease from 17.3% to 7.6% and North America\u2019s share is set to fall from 18.4% to 4.3%, whereas Asia\u2019s is predicted to increase from 51.4% to 75.8%. South America is likely to remain constant with a share at around 12%. In other words, world market shares are expected to shift dramatically. Asia is predicted to experience most of the developments in the field of bio-based building block and polymer production, while Europe and North America are slated to lose more than a half and just over three quarters of their shares, respectively.<\/p>\n

For the first time, the production capacities of some major building blocks have been reported in the market study. The total production capacity of the bio-based building blocks reviewed in this study was 2 million tonnes in 2013 and is expected to reach 4.4 million tonnes in 2020, which means a CAGR of almost 12%. Contrary to bio-based polymers, most of which are still partly bio-based, bio-based building blocks are 100% bio-based. This explains why the total production capacity of bio-based building blocks is considerably lower than the total production capacity of bio-based polymers. On the other hand, we are currently witnessing the development of integrated biorefinery facilities that produce both bio-based building blocks and polymers. This makes tracking production capacities a little more complicated. The most dynamic developments are spearheaded by succinic acid and 1,4-butanediol (1,4-BDO), with monoethylene glycol (MEG) as a distant runner-up.<\/p>\n

The forecast of a total production capacity of 17 million tonnes of bio-based polymers and 4.4 millions of bio-based building blocks by 2020 suggests that the market is definitely well established and growing.<\/p>\n","protected":false},"excerpt":{"rendered":"

Two years after the first market study was released, Germany\u2019s nova-Institute is publishing a complete update of the most comprehensive market study of bio-based polymers ever made in June 2015. This update will expand the market study\u2019s range, including bio-based building blocks as precursor of bio-based polymers. The nova-Institute carried out this study in collaboration […]<\/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":[1245,435,4],"class_list":["post-25393","post","type-post","status-publish","format-standard","hentry","category-bio-based","supplier-coca-cola-co","supplier-european-bioplastics-ev","supplier-nova-institut-gmbh"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/25393","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=25393"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/25393\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=25393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=25393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=25393"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=25393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}