Revolutionizing Sustainability: Unveiling the Power of Bioplastics in a Greener World

Author: Vikas Kumar

31 May 2023

Revolutionizing Sustainability: Unveiling the Power of Bioplastics in a Greener World

Overview:

The effects of plastic pollution are difficult to forecast. With recent initiatives to reduce plastic’s global impact, it is clear that there is an urgent need for innovative solutions to this problem. According to National Geographic, coastal countries release about 8 million tonnes of plastic waste into the ocean each year. That would be the equivalent of cleaning every foot of coastline on the planet with five trash bags full of garbage.

A wide variety of materials is referred to as “bioplastic.” There are various types of bioplastics. The categories “bio-based,” “biodegradable,” and “both” can all be used to categorize bioplastics.

Bioplastic is a biodegradable material that is produced from renewable sources such as vegetable fats & oils, corn starch, straw, woodchips, sawdust, recycled food waste, etc., and can break down through microbial activity.

Advantages of Bioplastics:

Global market of bioplastics:

The size of the global market for Bioplastics was estimated at USD 11,610.5 million in 2022, and it is anticipated to grow at a CAGR of 18.8% from 2023 to 2030.

Due to the increasing demand for bio-based packaging across a number of industries, including the consumer goods and food & beverage sectors, the U.S. bioplastics market is anticipated to grow significantly over the course of the forecast period. The advantages of bio-based plastics and bags include greater tensile strength and environmental friendliness. As a result, it is expected that during the forecast period, demand for bioplastics will continue to grow.

Bioplastic Revolution:

Access sample report (including graphs, charts, and figures): https://univdatos.com/report/biodegradable-plastics-market-current-analysis-and-forecast-2021-2027/get-a-free-sample-form.php?product_id=12437

Future of bioplastics:

Although the slow uptake of bioplastic technologies is worrying, change is happening faster. According to BioPLASTICS Magazine, global patent activity is at its highest level in nearly two decades. Patents are a good predictor of upcoming innovations. The 16th EUBP Conference in Berlin was covered by BioPLASTICS Magazine, which forecasts that European production will more than triple over the following five years. According to François de Bie, Chairman of European Bioplastics, “the significance of a growth rate of more than 200 percent over the course of the following five years cannot be overstated. Bioplastics will surpass the two percent threshold in the total global plastics production for the first time before 2026”.

Conclusion:

In everyday life, bioplastics make a good substitute for conventional plastic. Today, bioplastic is used in almost every industry, including the packaging of food and beverages, automobiles, textiles, agriculture, and healthcare. Nearly 300 million tonnes of plastic are produced worldwide each year. 50% of this is used just once before being discarded. As our planet only has about 53 years’ worth of crude oil left, we must say “NO” to plastic and switch to bioplastics. To live a sustainable and environmentally friendly life, we must all soon find a better solution.

Author: Sakshi Gupta

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