echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Rubber Plastic News > Analysis of China's biodegradable plastics industry from 2020 to 2024

    Analysis of China's biodegradable plastics industry from 2020 to 2024

    • Last Update: 2022-08-23
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The "2020-2024 China Biodegradable Plastics Industry In-depth Research and Investment Prospect Forecast Report" released by the China Investment Industry Research Institute shows that by the end of 2018, a total of 127 countries in the world have passed legislation to manage plastic bags, and 27 countries have targeted specific plastic products.
    , material or production level bans, 27 countries impose taxes on the production and manufacture of plastic bags, 30 countries adopt paid use of plastic bags, and 63 countries have enacted Extended Producer Responsibility (EPR) measures such as deposit refunds, Product recycling programs and guarantees for waste collection and recycling, 8 countries prohibit the use of microplastics through national laws or regulations


    .


    The Japanese government has decided to implement the provision of paid plastic bags from July 1, 2020, and all retail stores must charge for the provision of plastic bags;

    The 75 member stores of the Thai Retailers Association will stop using plastic bags from January 1, 2020, hoping to reduce the use of 9 billion plastic bags each year, or reduce plastic bag waste by 20%


    .


    The implementation of plastic restriction has been responded to by many countries around the world.
    In the future, with the increasingly serious plastic pollution and the advancement of global plastic restriction measures, more and more countries will join the pace of global plastic restriction, and plastic restriction activities will become a global phenomenon.
    trend


    .


    On January 19, 2020, the National Development and Reform Commission and the Ministry of Ecology and Environment announced the "Opinions on Further Strengthening the Control of Plastic Pollution", proposing to ban and restrict the production, sales and use of some plastic products in an orderly manner.
    The use of plastics in various fields such as disposable plastic tableware, disposable plastic products for hotels and hotels, and express plastic packaging shall be clearly stipulated in stages, and it is proposed to actively promote alternative products, standardize the recycling of plastic waste, and establish and improve the production, circulation, and use of plastic products.
    , recycling and disposal and other links of the management system


    .


    The new version of the plastic restriction order stipulates that in 2020, the production, sales and use of some plastic products should be banned and restricted in some regions and fields; in 2022, the consumption of disposable plastic products should be significantly reduced, alternative products will be promoted, and plastics will be discarded.
    The proportion of material resources and energy utilization has been greatly increased.
    In areas with prominent plastic pollution problems and emerging fields such as e-commerce, express delivery, and takeaway, a number of replicable and popularized plastic reduction and green logistics models have been formed; plastic products will be basically established in 2025.
    The management system of production, circulation, consumption, recycling and disposal has basically formed a multi-level co-governance system, further improved the development and application level of alternative products, greatly reduced the amount of plastic waste landfill in key cities, and effectively controlled plastic pollution


    .


    Chart Summary of some plastic ban policies in China

    Source: CIC Industrial Research Institute

    Demand for biodegradable plastics

    Demand for biodegradable plastics

    The "2020-2024 China Biodegradable Plastics Industry In-depth Research and Investment Prospect Forecast Report" released by the China Investment Industry Research Institute pointed out that the global demand for biodegradable plastics in 2012 was 269,000 tons, and the global demand for biodegradable plastics in 2018 was 36%.
    10,000 tons, corresponding to a market size of 1.
    1 billion US dollars, with a compound annual growth rate of 5%


    .


    Chart 2012-2018 Global Biodegradable Plastics Demand Scale

    Data source: IHSMarkit

    China's biodegradable plastic production capacity scale

    China's biodegradable plastic production capacity scale

    The "2020-2024 China Biodegradable Plastics Industry In-depth Research and Investment Prospect Forecast Report" released by the China Investment Industry Research Institute shows that in November 2018, the Chinese Academy of Sciences formed a production capacity of 50,000 tons of CO2 copolymer bioplastics, regardless of other biodegradation.
    In the case of new or withdrawn plastic production capacity, China's biodegradable plastic production capacity in 2018 is about 450,000 tons


    .


    Chart 2012-2018 China's biodegradable plastic production capacity statistics

    Data source: China Investment Industry Research Institute

    Chart Annual production capacity of major Chinese biodegradable plastics companies

    Source: CIC Industry Research Institute (August 2019)

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.