Eco-Friendly Plastics: General Concepts
Two different concepts underlie the term ‘Bioplastics’:
a) Compostable plastics certified according to EN13432 and based on renewable (biobased) and/or non-renewable (fossil) resources The focus here is on their functionality "compostability".
b) Biobased plastics produced on the basis of renewable resources. The focus here is “ their raw materials basis”.
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How large is the bioplastics market – Current and Future ?
What factors are influencing market development ?
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What are bioplastics current areas of application ?
Bioplastics are generally used where functionality (fit for purpose) and environmental performance offer benefits. A purchasing cost surcharge can pay itself off when disposal or labour costs are lower. Market studies have revealed a generally very high consumer acceptance of bioplastics in many countries.
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How are the cost structure and competitiveness of bioplastics ?
The situation for bioplastics is typical for innovations:
- High research and development costs
- High production costs caused by small scale production
- Optimisation potential of production facilities not exploited to the full
- Considerable price differential to conventional commodity products
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