Comprehensive Algae Fuels Report

A detailed report on all aspects of the algae fuel value chain, the Comprehensive Oilgae Report will be of immense help to those who are on the threshold of investing in algae biofuels. More »

Algae-based Wastewater Treatment

Compiled by a diverse team of experts, with experience in scientific and industrial fields, the Comprehensive Report for Wastewater Treatment Using Algae is the first report that provides in-depth analysis and insights on this important field. It uses innumerable data and information from a wide variety of expert sources and market studies, and distills these inputs and data into intelligence and a roadmap that you can use. More »

Comprehensive Guide for Algae-based Carbon Capture

A Comprehensive Guide for Entrepreneurs and Businesses Who Wish to get a Basic Understanding of the Business Opportunities and Industry Dynamics of the Algae-based CO2. More ››


Comprehensive Report on Attractive Algae Product Opportunities

The report provides an overview of the wide range of non-fuel applications of algae – both current and future prospects. It will provide entrepreneurs with an idea of how to derive more benefits from their algal energy ventures. The report provides detailed case studies, success stories and factoids of companies that have been involved in the algae products venture More »

Comprehensive Castor Oil Report

There is no other comprehensive report available for castor oil anywhere in the world. This is the first of its kind, and currently, the only one. More ››

Bioplastics Market & Strategy Advisor

Bioplastics Market & Strategy Advisor, published by the Bioplastics Guide, is a unique guiding framework for businesses and entrepreneurs to chart a way forward provides a critical analysis of the status, opportunities & trends of the global bioplastics sector. More ››

Algae-Useful Substances

Pigments

PUFAs

Vitamins

Anti-oxidants


Other Novel Applications

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Bioplastics – Global Market and trends

This is a section on global bioplastics current and emerging market trends, presented by the Consulting Team @ Oilgae

Global Bioplastics Market Growth Drivers

Critical drivers are accelerating the growth of the bioplastics market globally. Many of these are relevant in the Indian context too.

  • Increasing eco-awareness among consumers
  • Corporates becoming more focused on sustainability
  • Mandates & regulations
  • Technology stabilization
  • Cost reduction

Challenges for Bioplastics

At the same time, bioplastics face critical challenges before they achieve large scale market penetration.

  • They are much more costly than conventional plastics (could be 2-4 times as costly, depending on product)
  • Substitutes – some of them authentic and some not-so authentic substitutes – also present competitive challenges to the adoption of bioplastics in many mainstream markets
  • Customer awareness – a number of misconceptions result in a poor and sometime faulty understanding of the market, resulting in delays in investment decision-making
  • Upstream technology is still evolving, and hence there are uncertainties in technologies and processes
  • Uncertainties present in post-use processing and end of life options for bioplastics

Currently, bioplastics represent about one per cent of the about 300 million tonnes of plastic produced annually. But as demand is rising and with more sophisticated materials, applications, and products emerging, the market is already growing by about 20 to 100 per cent per year. According to the latest market data compiled by European Bioplastics, global production capacity of bioplastics is predicted to quadruple in the medium term, from around 1.7 million tonnes in 2014 to approximately 7.8 million tonnes in 2019.

market-trend

Biobased, non-biodegradable plastics, such as biobased PE and biobased PET, are the main drivers of this growth. More than 60 percent of the bioplastics production capacity worldwide in 2014 was biobased, durable plastics. This share will increase to over 80 percent in 2019. Production capacities of biodegradable plastics, such as PLA, PHA, and starch blends, are also growing steadily.

PLA is expected to be the largest segment, in terms of volume, in 2015 with a market share of more than 45.1% of the total biodegradable plastics market. PLA is also expected to grow at the second-fastest rate among all the types of biodegradable plastics.

European Bioplastics estimated the top five bioplastics in 2010 by production capacity (see chart below): biopolyethylene (bio-PE), biodegradable starch blends, polylactic acid (PLA), polyhydroxyalkanoate (PHA) and biodegradable polyester. By 2015, bio-PE, PLA, PHA and biodegradable polyester are anticipated to still remain in the top five. However, bio-polyethylene terephthalate (bio-PET) will replace biodegradable starch blends as one of the top five bioplastics.

global-production-capacities

Interested in taking up EAI’s consulting assistance for your entry into Bio-based business sectors?

Reach us at – consult@eai.in with Bio-biz in the subject line or call Narsi 7358263274

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