There are many challenges facing the bioplastcis industry. One of these is the cost where they are viewed as more expensive than petrochemical plastics. They also have problems at both ends of the production cycles, as well as on biodegradability and recycling. However, since 2010, there has been a great demand for starch-based plastics, followed by polylactic acid or PLA.
Bioplastics are derived from renewable biomass sources such as vegetable fats and oils, cornstarch, pea starch or microbiota as oppose to common plastics, which are derived from petroleum.
Bioplastics are designed to be biodegradable and can break down in either anaerobic or aerobic depending on how they are manufactured. Technical progress and significant growth in capacities are being implemented to increase the competitiveness and lower the prices of bioplastics against conventional plastics.
Bioplastics’ common applications include packaging materials, dining utensils, insulation and food packaging. When it comes to sale market trends, there is a growing demand for worldwide buyers for bags and sacks, followed by packaging and film, and in the automotive and electronic industries. This is also true in other eco-friendly products like catering products, hygiene articles, textiles, and sports leisure products, which account for just a fifth of the global demand for bioplastics.