Global production of bioplastics estimated to grow by 400% in 2016Posted on March 31, 2014 by DrRossH in Plastic Waste News
The current global production capacity of bioplastics, including both biodegradable and bio-based plastics, is about 1.5 mln tons, which supposes a total revenue of about Euro 4,400 mln. A significant growth of the bioplastic market is expected in the next few years. Some sources estimate an increase of the global production capacity by 400%, reaching values of about 5.8 mln tons in 2016.
As in most reported situations the writers do not understand the difference between compostable plastic and biodegradable plastic. They write the generic term biodegradable where as they really should write compostable. Compostable defines how the plastic is to be biodegraded i.e. only in a commercial compost facility. A compostable plastic will not biodegrade in a landfill as it is too cold and no oxygen, both of which are required for a compostable plastic to be digested.
The term Bioplastic infers nothing about biodegradable. Those two words are mutually exclusive. Bioplastic only tells the reader the plastic is made form bio sources not petroleum, nothing about how it is to be disposed of.