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How a sudden price of bioplastic has changed to 120%

How a sudden price of bioplastic has changed to 120%

biodegradable plastic
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April 11, 2021

Biodegradable products production is expected to increase more than 15% per year up to at least 2022 in China, says a news source.

This is probably the answer to white pollution worldwide, i.e the use of plastic. It is encouraging to see the acceptance of biodegradable production which is derived from corn and other plants. Created to address the plastic waste concern, in this writeup you’ll read what makes biodegradable products more desirable now. How is it that there is a sudden surge in bioplastic reaching 120%?

Increase in consumer demand for biodegradable plastic

The Global Biodegradable Plastics Market is expected to grow to USD 8,971.32 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 11.82%. Major reasons for the stupendous growth of the biodegradable plastics market are government regulations banning the use of traditional plastics, rising incomes of people, and increasing public attention to plastic's ill effects.

Also, an increase in the use of biodegradable plastics in packaging and agriculture complement the growth in the industry

What’s special about bioplastics?

Bioplastics are:

  • Organic or plant-based sources instead of oil
  • Recyclable, compostable, or biodegradable
  • A great option as oil-based plastics

Thus, leading to what we said before, here's why biodegradable plastics have become the need of the hour.

Reduce the dependence on petroleum-based plastics

Biomass including grass, trees, plants, and other organic materials have shifted the trend toward bioplastics based on renewable sources. Hence, the use of bioplastics has helped in packaging and domestic goods which has helped in reducing the dependence on petroleum-based plastics.

Less energy consumption

It requires a lesser amount of energy when it comes to the manufacturing process of biodegradable plastics. They do not require fossil fuels to be recycled and since the energy consumption is less, there is a lesser impact on the environment altogether.

Consumer prefer eco-friendly packaging

With Government enforcement, we've seen an increase in the demand of consumers asking for eco-friendly packaging. 25% of consumers believed that food packaging vendors should concentrate more on green product packaging. This acceptance of consumers for sustainable packaging and green products will drive the bioplastics market largely.

Reduction in carbon emission

The primary advantage of using biodegradable plastic is the reduction in carbon emissions during the manufacturing process. Since the materials used to create biodegradable plastics are plant-based, minimal carbon is emitted during the composting process. Biodegradable plastic manufacturers in India like us are committed to reducing carbon footprints through our biodegradable products.

An eco-friendly solution

Biodegradable plastics require proper composting to assure the breakdown of the plastic. This need to dispose of biodegradable plastic products reduces the amount of waste. This waste would've been sent to landfills that could be used for agriculture, industrial applications, or residential buildings instead of turning them into landfills.

Bioplastic: Green alternatives are here to stay

To please the environmentally conscious consumers, bioplastic products often reigns over plastic consumption. Advantages such as less CO2 emissions, sustainable raw materials, and biodegradability is leading to steady growth for the bioplastic industry. More and more biodegradable product manufacturers in India are rising to fulfil the responsibilities towards Earth and mankind.

We at Biogreen, as a leading Biodegradable bags manufacturers in India continue to exceed our customers’ expectations with service, value creation, and quality. Our 100% biodegradable products are the best substitute for plastic grocery, carry bags and an everyday single-use of plastic products.

“Going green is no longer an optional luxury of life choice; it is an essential responsibility that everyone must embrace”

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