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Biodegradable plastics' 'green' association propels their growth, claims report

The green factor is triggering the growth of biodegradable plastics, particularly in the areas of consumer products and packaging, Frost & Sullivan reports.

As biodegradable plastics fall under the "green" category, they exhibit high potential for growth compared to other thriving environment-friendly technologies in the renewable energy and chemicals segments. That’s the conclusion of new analysis from Frost & Sullivan, “Biodegradable Plastics—A Strategic Assessment of Technology Status and Application Prospects.”

The report indicates that opportunities are proliferating in key application areas such as packaging/plastic bags, agriculture, consumer goods, electronics, automotive, and healthcare. Growth in this sector occurs due to factors such as climate change, favorable governmental measures, and green procurement policies practiced by governments and corporate entities. Stringent environmental regulations are driving the development of bio-based products and are triggering the growth of the biodegradable plastics industry.

In the analysis, Frost & Sullivan finds that consumer products and packaging have emerged as the application sectors having the highest potential for biodegradable plastics. Analysis revealed that film packaging and rigid packaging scored the best in terms of level of attractiveness and possibility of success.

"Traditional packaging materials contain a range of oil-based polymers, which are largely nonbiodegradable," notes technical insights research analyst W.F. Kee. "Packaging waste forms a significant part of municipal solid waste and has caused increasing environmental concerns, resulting in strengthening of legislation in order to reduce packaging waste."

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