Bio-based plastics in a sustainable and circular bioeconomy
Bio-based plastics in a sustainable and circular bioeconomy
Bio-based plastics are wholly or partly derived from biomass and so help reduce reliance on fossil fuel-based plastics.
Feedstocks include primary and secondary sources. Agricultural and forestry residues and post-consumption organic waste have lower environmental impacts than primary feedstock but collection and transportation issues make scaling up a challenge.
As a whole, the sector is struggling to achieve real scale: bio-based plastics account for only 0.5% of global plastics production and are projected to reach 1% by 2030.
Scaling is hampered by feedstock sustainability, competitiveness, technological maturity and cost: currently, producing bio-plastic is generally 1.5 to 2 times more expensive than conventional plastics.