Market status of biodegradable plastics in China

Plastic products have brought great convenience to people's lives, but after a large number of plastic products are used and discarded, environmental problems caused by improper disposal have become the current hot spot of global concern. Of the 120 million tons of single-use plastic produced annually, only 10% is recycled, another 12% is incinerated, and more than 70% is discarded into the soil, air, and oceans.

Biodegradable plastics refer to a class of plastics whose properties meet the requirements of use during the storage period, and can be decomposed into environmentally harmless substances after use in natural environmental conditions, which is considered to be one of the effective ways to solve the problem of plastic pollution, and has attracted attention in recent years.

The problem of non-degradable plastic pollution has attracted global attention, and countries around the world have introduced relevant policies to control it. Since 2020, the National Development and Reform Commission, the Ministry of Ecology and Environment and other ministries and commissions related to plastic pollution control have successively issued a number of policy documents such as "Opinions on Further Strengthening plastic pollution control" and "Notice on Solidly Promoting plastic pollution control", which have put forward a clear timetable for the prohibition or restriction of disposable non-degradable plastics.

"From 2020 to the end of 2025, phase out the use of non-degradable plastic bags nationwide, reduce the consumption intensity of non-degradable disposable plastic cutlery in the field of food and beverage takeout in cities above the prefecture level by 30%, and effectively control plastic pollution nationwide by 2025," and require local people's governments at all levels to formulate specific implementation measures in light of local conditions. Materialize and refine policy measures.

Under the strong drive of the policy, the market demand for degradable plastics in the future may have a large growth, especially the demand for disposable degradable plastic products in express packaging and take-out, hotel and other industries, and degradable plastics have ushered in new development opportunities.

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