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    Home > Chemicals Industry > China Chemical > This article takes you to understand China's biodegradable plastics industry in 2020

    This article takes you to understand China's biodegradable plastics industry in 2020

    • Last Update: 2021-10-02
    • Source: Internet
    • Author: User
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    [ Market analysis of chemical machinery equipment network ]
     
    Chemical machinery and equipment network market analysis chemical machinery and equipment
    China's degradable plastic penetration rhythm is expected to accelerate
     
    China's degradable plastic penetration rhythm is expected to accelerate
    Compared with the output of plastic products which has accounted for 1/4*, the current consumption of biodegradable plastics* in China accounts for only 4.
    6%, and the industry is still in the introduction period.
    The price that is close to twice the price of traditional plastics is still one of the main factors hindering the marketization of degradable plastics.
    As the country and localities successively issue plastic restrictions, the pace of penetration of degradable plastics is expected to accelerate.

     
    plastic products
    1.
    Amount of starch-based plastic used*
     
    1.
    Amount of starch-based plastic used*
      Biodegradable plastic is a kind of polymer material with excellent performance, can be completely decomposed by environmental microorganisms after being discarded, and finally inorganicized to become a component of carbon cycle in nature.

     

      Biodegradation can be divided into partial degradation and complete degradation according to the degree of degradation.
    Among them, PE/starch mixed plastics can only reach the degree of partial degradation, while the representative bio-based polylactic acid (PLA) and petroleum-based poly(adipic acid) Butylene glycol ester-co-butylene terephthalate (PBAT) can achieve complete degradation.

     

      In 2019*, the total production capacity of biodegradable plastics is approximately 1.
    077 million tons.
    Starch-based plastics account for as much as 38%.
    The current usage* is followed by PBAT and PLA at 24% and 25%.
      2.
    China's biodegradable plastics industry is still in the lead-in period
     
    2.
    China's biodegradable plastics industry is still in the lead-in period
      In 2019, the output of plastic products in China was as high as 81.
    84 million tons, accounting for about 1/4 of the *plastic demand.
    At the same time, the consumption of biodegradable plastics in my country in 2019 was only 520,000 tons.
    Refer to the data of the European Bioplastics Association.
    The consumption of biodegradable plastics* accounts for only 4.
    6%, which is significantly lower than the average* level.
    It can be seen that the domestic biodegradable plastics industry is still in the introduction period.
      3.
    Price is still the main obstacle for biodegradable plastics
     
    3.
    Price is still the main obstacle for biodegradable plastics
      From the main performance point of view, degradable plastics are equivalent to traditional plastics in terms of stretch, impact and elasticity.
    However, comparing the price, it can be seen that the price of degradable plastics is generally more than twice the price of traditional plastics.
    Even if it is the same degradable plastic, PBS has the best processing performance and is suitable for various conventional and special processing methods such as injection molding, extrusion, and blister.
    However, because its price is close to twice that of PLA, the output is relatively small.
      4.
    Favorable policies promote faster penetration of degradable plastics
     
    4.
    Favorable policies promote faster penetration of degradable plastics
      In January 2020, the country *joint* issued the "Opinions on Further Strengthening the Treatment of Plastic Pollution", focusing on prohibiting and restricting four areas: non-degradable plastic bags, disposable plastic tableware, disposable plastic products in hotels and hotels, and express plastic packaging Use the requirements and time to advance the node.

     

      In July 2020, nine ministries including the Ministry of Ecology and Environmental Protection and the Ministry of Ecology and Environmental Protection jointly issued the "Notice on Solid Promotion of Plastic Pollution Control", which clearly pointed out that emerging areas such as food delivery, e-commerce, and express delivery are all areas with prominent plastic pollution problems.
    Starting from 1st, non-degradable plastic bags, plastic tableware and disposable plastic straws will be banned.
    In addition to national government departments, various localities have also issued a timetable for bans on plastics.
    From "plastic restriction" to "plastic ban", the policy is expected to accelerate the pace of penetration of degradable plastics.
      5.
    Analysis of the competitive landscape of enterprises in the biodegradable plastics industry in China
     
    5.
    Analysis of the competitive landscape of enterprises in the biodegradable plastics industry in China
      In recent years, more than ten domestic companies have announced to enter or expand the production capacity and layout of degradable plastics.
    Among them, listed companies include Kingfa Technology, Jindan Technology, Ruifeng High Materials, Tongcheng New Materials, COFCO Technology, Wanhua Chemical, etc.
    , which are not listed.
    Companies include Lanjing Technology, Hisun Bio, etc.
    The future production capacity of degradable plastics will completely cover the existing demand.
      For the above data and analysis, please refer to the "Market Prospect and Investment Strategic Planning Analysis Report of China's Biodegradable Plastics Industry" by Qianzhan Industry Research Institute.
    At the same time, Qianzhan Industry Research Institute provides industrial big data, industrial planning, industry declaration, industrial park planning, and industrial investment promotion.
    , IPO fundraising feasibility study and other solutions.

     

      Original title: This article takes you to understand the current market situation, competitive landscape and development prospects of China's biodegradable plastics industry in 2020
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