Now the plastic industry have a very good development condition and the plastic recycling industry is also in good condition. So some recycling companies have developed rapidly and they have formed a production circular. So plastic industry have a very promising condition.
According to the European Bioplastics annual market data updates, the next four years rose sharply bioplastics production capacity is expected to reach about 6.7 million tons in 2018.
In the 9th European Bioplastics Conference in Brussels this week, the European Bioplastics Association released the result of this study, according to the report, in 2018 the European bioplastics production will rise in 2013 on the basis of about 1.6 milion tons.
The study by the European Bioplastics and bio-plastics and bio-composites Institute in Hanover, Germany, and co-editor of the Institute is located in Nova Hess.
Bio-based, non-biodegradable plastics and obtain maximum growth, such as bio-based and bio-based PE and PET. European local production of renewable plastic and compostable plastic is very likely get benefits due to the new EU directive cut plastic shopping.
President of the European Bioplastics said soft and rigid packaging is still the most important applications of bioplastics.
In addition, textiles and the automotive sector’s demand for bioplastics will rise sharply. From the enhanced permeability functional sportswear to the fuel pipeline-bioplastics is constantly applied to new markets.
The study found that Asia as a major bioplastics production center, will further expand its production capacity. Most of the projects currently planned will be settled in Thailand, India and China.
In constrast, the European bioplastics production capacity accounted for about 8%.
The spokesman said they hope that the EU legislators will consider the effective use of environment and economic growth, as well as our industry job creation potential. In this regard, the EU 2015 work plan should still include circular economy projects, and waste targets Review should be according to plan.