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Market Trends

Domestic and foreign market trend of bio plastics 

Biomass plastics, when in manufacturing and producing, can reduce Carbon Dioxide emission by 25% then regular plastics. Biomass plastic is suitable for household uses since it does not possess any harmful toxic substances like dioxin and Endocrine disruptor.

However, still biomass plastic is restricted in the range of uses. Compared to the biodegradable plastics, it is comparably cheap. However, the use of biomass triggers the rise of raw material price, and its weakness in solidity and water-proofing areas makes it difficult in making electronics and industrial products. Hence more and continual research is required.

For this reason, bio plastics, in the form of plastics mixed with biomass are being industrialized rapidly. Biomass plastics are capable of maintaining a certain amount of solidity of the normal plastics, and the price does rise up so much. (10~30% more than normal plastics)

However, through continuous research to improve on its weakness and price competitive pricing, the market is expected to expand. Also, as the IT businesses are moving towards ‘Environmental Friendly Image’, the interest of bio plastics is more likely to rise.

According to Samsung Economic Research Institute (SERI), the biomass plastic productivity is expected to rise from 50,000 tons ($2 billion) in 2006 to 100,000 tons in 2010.

Out of all the materials for packaging market in the world, in 2003, paper possess 40% of the market, plastics 30%, metals 17.7%, glass 7.1%, and others 6.3%. However, in 2009, paper has gone down to 38.4%, plastics 33.1% (Rigid Package 20.6%, Flexible Package 12.6%), metals 16.4%, glass 6.1% and others 6.1%. This indicates that while all the market possession of packaging has gone down, plastic criteria (including Flexible Package) has increased and is expected to rise continually.

 

 

World’s scale & prospect of raw materials for the packaging market

 

 

(Unit : miilian$, %)

 

Raw material
2003Year
2004Year
2005Year
2009Year
Annual Average Increase Rate
Paper
164,744
176,537
183,271
216,398
4.65
Plastics
Rigid Package
77,232
84,797
90,058
115,932
6.66
Flexible Package
52,750
57,228
59,615
70,791
4.35
Total
129,982
142,025
149,673
186,723
5.60
Metal
75,519
80,236
82,389
92,169
2.84
glass
30,211
31,446
31,762
34,389
1.94
Others
26,754
29,018
29,999
34,167
3.34
Total
427,210
459,263
477,094
563,847
4.19

Source : The Future of Global Packaging, Pira International Ltd., 2005

 

 


[Graph. Third World Packaging raw material possession.]

 

Source : The Future of Global Packaging, Pira International Ltd., 2005

 

 

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