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Ready to Grow: The Biodegradable Polymers Market

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Ready to Grow: The Biodegradable Polymers Market

Previous Article       Next Article

Ready to Grow: The Biodegradable Polymers Market

Previous Article       Next Article

Biodegradable polymers are bio-based or synthetic polymers that decompose to carbon dioxide, water, and humus in industrial or municipal composting facilities. A few (but not all) of these polymers decompose in backyard compost bins or in soil, fresh water, or salt water. 

Biodegradable polymers are a subset of the larger bioplastics sector. Bioplastics are polymers that are bio-based (derived from plant feedstocks), biodegradable (compostable), or both. Conventional thermoplastics are neither bio-based nor biodegradable. In the figure below, the materials in the three shaded boxes are bioplastics; the materials in the two right-hand boxes are biodegradable polymers.

Double-Digit Demand

The current market for biodegradable polymers is small, but demand is growing at double-digit rates. In 2015, according to our IHS Chemical analysis, world consumption of biodegradable polymers amounted to 410,000 metric tons, substantially less than half of 1% of global demand for conventional thermoplastics. Polylactic acid (PLA) was the largest volume biodegradable polymer, accounting for more than 40% of consumption. Starch-based polymers (including starch-copolyester blends) accounted for a similar but slightly smaller share. Polybutylene adipate terephthalate (PBAT, a copolyester), polyhydroxyalkanoates (PHAs), polybutylene succinate (PBS), polycaprolactone (PCL), and polyglycolic acid (PGA) made up the remainder.

Disposable applications dominated biodegradable polymer demand in 2015. Food packaging, disposable dishes and cutlery, and shopping bags accounted for 44% of world consumption. Other important end uses included compost bags, foam packaging (including packing peanuts), and agricultural mulch films. Paper coatings are a relatively small but promising end use; other applications range from hydraulic fracturing (fracking) fluids to biomedical devices (resorbable sutures, orthopedic stents).

Regulation is an important demand driver. For example, a ban on free non-biodegradable plastic shopping bags has led to increased consumption of compostable bags in China. Corporate and consumer interest in environment-friendly products also supports demand growth, creating a market for products like biodegradable coffee pods and organic yogurt in compostable containers. The carbon footprint (cradle-to-plant-gate CO2 emissions per kilogram of polymer) of bio-based biodegradable polymers like PLA and PHA is smaller than that of fossil fuel-based polymers. And biodegradable polymer packaging reinforces the brand message of all-natural and socially conscious products.

Finally, specific performance attributes can also drive demand for biodegradable polymers. A case in point: PLA is the material of choice for 3-D printing filament because of its low melting point, narrow melt window, and low thermal shrinkage.

 

Expanding Capacity

The expanding market has encouraged established producers to expand capacity and new players to enter the industry. NatureWorks, the world’s largest PLA manufacturer, plans to build a world-scale PLA production unit in Thailand. Corbion, the world’s largest producer of lactic acid, intends to begin commercial production of PLA. BASF and Novamont have expanded copolyester production capacity; MHG inaugurated a new PHA plant. Startup companies like Newlight Technologies and Mango Materials are developing new technologies for PHA production.

Strategic issues for biodegradable polymers include:

 

This article was authored by Marifaith Hackett, senior manager at IHS Chemical; she can be reached atMarifaith.Hackett@ihs.com.

 

Resin Market Focus, by IHS Chemical, provides ongoing insights into key industry topics and trends for major plastics and engineering resins, covering all major regions. IHS Chemical provides extensive industry insight, analytics, and data for over 300 chemical markets worldwide, including global plastics, polymers, and engineering resins. Learn more or inquire about IHS Chemical content at 877-225-8188, or email us at AmericasTQ@ihs.com.