The global bioplastic market totaled 1.6 million metric tons in 2015 and should total nearly 6.1 million metric tons in 2020, a compound annual growth rate (CAGR) of 30.0% for the five-year period, 2015 to 2020.
The report includes the use of renewable resources to create monomers that replace petroleum-based monomers, such as feedstocks made from sugarcane that are used to manufacture polyester and polyethylene. Ethanol, a major product in Brazil, is one small chemical step from ethylene.
The focus of this report is on plastics made from renewable resources such as biomass or food crops. There is even some potential development of bioplastics from animal resources. Plastics that may be potentially made from waste carbon dioxide are reviewed because of their potential impact on bioplastics, but their data are not included in the forecasts presented here. Bioplastics are further defined here as polymer materials that are produced by synthesizing - chemically or biologically - materials that contain renewable organic materials. Natural organic materials that are not chemically modified (e.g., wood composites) are excluded.
The focal point is on the following resin chemistries:
- Polylactic acid.
- Thermoplastic starch.
- Biopolyamides (nylons).
- Biopolyols and polyurethane.
- Biopolytrimethylene terephthalate.
- Biopolyethylene terephthalate.
- Polybutylene succinate.
Biodegradable and photodegradable polymers made from petrochemical feedstocks are not included. Other renewable resin chemistries are also covered but in less detail, as their roles are not as well developed. These include collagen and chitosan.