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    Home > Chemicals Industry > China Chemical > Shenzhen issued a new ticket, the biodegradable plastics market has a bright future

    Shenzhen issued a new ticket, the biodegradable plastics market has a bright future

    • Last Update: 2021-08-07
    • Source: Internet
    • Author: User
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    [ Focus on Chemical Machinery and Equipment Network ] On June 15, 2021, law enforcement officers of the Shenzhen Municipal Market Supervision Administration issued the first fine for using non-degradable straws at the Xinmamei Beverage Store in Futian District, Shenzhen.
    The amount reached 1 Ten thousand yuan
    .
    At present, the global white pollution problem has been fully rectified, and biodegradation has become the main effective method to rectify white pollution
    .
    According to data from Grandview Research, in the next few years, the global biodegradable plastics will increase at a CAGR of 9.
    4% to about US$7.
    6 billion in 2027
    .

     
    Chemical machinery and equipment network hotspots pay attention to chemical machinery and equipment
    Major listed companies in the industry: Kingfa Technology (600143), Yifan Pharmaceutical (002019), Midland New Materials (300243), Ruifeng Gaocai (002838), Dadongnan (002263), etc.

     
    Major listed companies in the industry:
    The core data of this article: market size, downstream application distribution
     
    The core data of this article:
    1.
    Shenzhen issued the first "new solid waste law" ticket
     
    1.
    Shenzhen issued the first "new solid waste law" ticket
    On June 15, 2021, law enforcement officers of the Shenzhen Municipal Market Supervision and Administration Bureau issued the first fine for the use of non-degradable straws at the Xinmamei Beverage Store in Futian District, Shenzhen.
    The amount reached 10,000 yuan
    .
    Since September 1, 2020, China’s "Law of the People’s Republic of China on the Prevention and Control of Environmental Pollution by Solid Wastes" has been formally implemented; the first paragraph of Article 69 of the law stipulates that "the state prohibits and restricts the production, sale and use of non-degradable plastic bags, etc.
    Disposable plastic products
    .

     
    plastic products
    In addition, the newly revised solid waste law strengthens the punishment for use.
    Article 106 of the law stipulates that “failure to comply with the state’s prohibition and restriction on the use of non-degradable plastic bags and other disposable plastic products, or fail to comply with the state’s relevant regulations.
    Where it is required to report the use of plastic bags and other disposable plastic products, the commerce and postal departments of the local people's government at or above the county level shall order corrections and impose a fine of 10,000 yuan to 100,000 yuan
    .
    "
    2.
    Biodegradable plastics came into being
     
    2.
    Biodegradable plastics came into being
    In recent years, the problem of white pollution in China and even the world has been on the brow, and biodegradable plastics have become an important way to solve "white pollution"
    .
    Facing the increasingly serious problem of white pollution, people hope to find a plastic substitute that can replace the performance of current plastics without causing white pollution.
    Biodegradable plastics have emerged
    .

     

    Biodegradable plastic refers to a type of plastic that is degraded by the action of microorganisms in nature, such as bacteria, molds (fungi) and algae
    .
    The ideal biodegradable plastic is a polymer material that has excellent performance, can be completely decomposed by environmental microorganisms after being discarded, and is finally inorganicized to become a component of the carbon cycle in nature
    .

      3.
    Further rising demand
     
    3.
    Further rising demand
      In recent years, developed countries and regions such as Europe, the United States, and Japan have successively formulated and issued relevant laws and regulations to restrict the use of non-degradable plastics through measures such as partial prohibition, restriction, mandatory collection, and collection of pollution taxes, and vigorously develop new biodegradable materials.
    , In order to protect the environment and the soil
    .
    In this context, the global demand for biodegradable plastics has further risen
    .
    According to data from GrandViewResearch, the global biodegradable plastics market has shown an upward trend in recent years; from 2.
    5 billion US dollars in 2016 to around 3.
    5 billion US dollars in 2020
    .
      4.
    Wide range of applications
     
    4.
    Wide range of applications
      From the perspective of terminal applications, biodegradable plastics have a wide range of uses, mainly in agriculture and fishery, packaging, and consumer products
    .
    Agricultural fishery mainly includes mulching film, water-retaining materials, nursery bowls, seedbeds, rope nets, pesticides and fertilizer slow-dilute materials, etc.
    ; while the packaging industry mainly includes shopping bags, garbage bags, compost bags, disposable lunch boxes, instant noodle bowls, and cushioning packaging materials.
    and so on
    .
      According to data from Grandview Research, the packaging industry is currently the world's largest application area for biodegradable plastics, accounting for 58%; followed by agriculture, accounting for 13%; and consumer goods, accounting for 11%
    .
      5.
    Bright prospects for development
     
    5.
    Bright prospects for development
      With the development of global technology, the problem of white pollution is becoming more and more serious; therefore, various countries have introduced relevant policies to reduce or even stop the application of non-degradable plastics
    .
    According to data from Grandview Research, in the next few years, the global biodegradable plastics will increase at a CAGR of 9.
    4% to about US$7.
    6 billion in 2027
    .
    On the whole, the prospects for the development of biodegradable plastics on a global scale are bright
    .
      The above data refers to the "Analysis Report of China's Biodegradable Plastics Industry Market Outlook and Investment Strategic Planning" by the Qianzhan Industry Research Institute.
    At the same time, the Qianzhan Industry Research Institute also provides industry big data, industry research, industry chain consulting, industry map, industry planning, park planning, Solutions such as industry investment promotion, IPO fundraising feasibility study, and prospectus writing
    .

     

      Original title: Shenzhen issued the first "new solid waste law" ticket for biodegradable plastics with broad market development prospects
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