Sustainable Plastics - January/February 2024 - 18

inside at... the EuBC
LET THE
NUMBERS
DO THE
TALKING
Jan Noordegraaf calculated the
total cost of bioplastics versus the
alternatives In his presentation at the
European Bioplastics Conference
Money makes the world go round. It's no diff erent with
sustainable polymers. Bioplastics have been constrained to a
niche largely due to high production prices. In 2023, recycled
polymer prices rose above virgin, resulting in a signifi cant drop
in sales across the recycling value chain. By Beatriz Santos
Jan Noordegraaf
T
18
here is, however,
more to total price
than the production
price of resin. Levies
and fees on producers count
towards a product's final price.
With the number of countries
around the globe imposing a
carbon tax growing steadily,
bioplastics may have a lot to
gain from their reduced or negative
global warming potential
(GWP), as measured by their
life cycle assessment (LCA).
Just how competitive bioplastics
really are against virgin
plastics and other materials depends
on their total price. That
figure is set to change considerably
in the next years as the
packaging removal tax, carbon
tax, plastic tax and penalties on
non-recycled content benefit
some materials over others. So
let the numbers do the talking.
Market update
First, an update on the 2023 bioplastics
market. European Bioplastics
(EuBP) released the latest
set of data during the recent
EuBC, its annual conference,
which took place 12-13 December
2023, in Berlin, Germany, to
an audience of 380 people.
Improving on the growth
of last year, global bioplastics
production rose to 1.79 million
tonnes in 2023 from 1.51 million
tonnes in 2022. PLA accounted
January/February 2024
for 27%, PA for 20%, PE for 14%,
PTT for 13% and APC for 7%.
Installed production capacity
reached 2.18 million tonnes
in 2023 and is set to grow to
7.43 million tonnes by 2028.
The comparison between the
production capacities and actual
production in 2023 shows
that the bioplastics industry is
producing at nearly full capacity.
Although varying from one
polymer to another, ranging
from 60% to 100%, the average
utilisation rate in 2023 was 82%.
In terms of materials, PLA is
expected to account for 43.6%
of production capacity in 2028,
followed by PA with 18.5%, PHA
with 13.5%, PP with 5.9% and
PTT with 5.3%.
In geographical terms, the
focus continues to aggressively
shift eastward. This year, Europe
concentrated 12.8% of global
production capacity, a figure
which will contract to 7.3% in
2028, according to EUBP. Asia's
share, on the other hand, will increase
from 55.3% this year to
71.5% in five years. Capacity in
the Americas is also forecasted
to diminish, from 18.7% to 17.0%
in North America and more expressively
from 13.0% to 3.9% in
South America.
If we take the conservative
assumption that global plastic
production in 2023 mirrored
2022 levels, at 400.3 million
tonnes, bioplastics production
accounted for 0.45% of overall
global production in 2023. Will
bioplastics become more competitive
by 2050 when we take
total cost into account?

Sustainable Plastics - January/February 2024

Table of Contents for the Digital Edition of Sustainable Plastics - January/February 2024

Contents
Sustainable Plastics - January/February 2024 - Cover1
Sustainable Plastics - January/February 2024 - Cover2
Sustainable Plastics - January/February 2024 - Contents
Sustainable Plastics - January/February 2024 - 4
Sustainable Plastics - January/February 2024 - 5
Sustainable Plastics - January/February 2024 - 6
Sustainable Plastics - January/February 2024 - 7
Sustainable Plastics - January/February 2024 - 8
Sustainable Plastics - January/February 2024 - 9
Sustainable Plastics - January/February 2024 - 10
Sustainable Plastics - January/February 2024 - 11
Sustainable Plastics - January/February 2024 - 12
Sustainable Plastics - January/February 2024 - 13
Sustainable Plastics - January/February 2024 - 14
Sustainable Plastics - January/February 2024 - 15
Sustainable Plastics - January/February 2024 - 16
Sustainable Plastics - January/February 2024 - 17
Sustainable Plastics - January/February 2024 - 18
Sustainable Plastics - January/February 2024 - 19
Sustainable Plastics - January/February 2024 - 20
Sustainable Plastics - January/February 2024 - 21
Sustainable Plastics - January/February 2024 - 22
Sustainable Plastics - January/February 2024 - 23
Sustainable Plastics - January/February 2024 - 24
Sustainable Plastics - January/February 2024 - 25
Sustainable Plastics - January/February 2024 - 26
Sustainable Plastics - January/February 2024 - 27
Sustainable Plastics - January/February 2024 - 28
Sustainable Plastics - January/February 2024 - 29
Sustainable Plastics - January/February 2024 - 30
Sustainable Plastics - January/February 2024 - 31
Sustainable Plastics - January/February 2024 - 32
Sustainable Plastics - January/February 2024 - 33
Sustainable Plastics - January/February 2024 - 34
Sustainable Plastics - January/February 2024 - Cover3
Sustainable Plastics - January/February 2024 - Cover4
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