Biodegradable plastic products are in the best development period, and global demand is growing rapidly
Biodegradable plastic products are in the best development period, and global demand is growing rapidly！
The EU region is the most active region in the world to promote degradable plastics. Since 2011, EU developed countries have introduced a series of policies to restrict the use of disposable plastic products. Biodegradable Trash Bags In October 2018, the European Union passed a proposal to ban the use of single-use plastics, known as the "Most Prohibited Plastic Order in History", which quantified future planning goals and ensured that all plastic packaging on the EU market could be reused or recycled by 2030 .
Thanks to the promotion of the ban on plastics, Europe has always been the world's largest consumer market for biodegradable plastics. Biodegradable plastic bags Most domestic production of biodegradable plastics is exported to Europe.
According to IHS data, in 2018, the demand for biodegradable plastics in Western Europe accounted for 55% of the global consumption,Degradable Shopping Bags and the consumption in Asia and Oceania (Australia and New Zealand) accounted for about 25% of global consumption. Among them, the demand for biodegradable plastics in China accounted for about 11.7%. Biodegradable Straw In January 2020, the new version of the plastic restriction order was released, and China is expected to become the world's largest consumer market for biodegradable plastics in recent years.Biodegradable Garbage Bags
According to data from the European Bioplastics Association, the global annual production capacity of bioplastics in 2019 was 2.114 million tons, Biodegradable Garbage Bags of which the annual production capacity of biodegradable plastics was 1.174 million tons, a year-on-year increase of 9.0%. Asia is the largest bioplastic production area, accounting for 45% of the world .
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