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20th October 2021

Plastics: An obvious problem with no obvious solution

Key innovators in biodegradable alternatives

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Biodegradable Alternatives to Plastics

Global production of plastics has soared over the past 50 years to meet consumer and industry demand. Some estimate at least 8 billion metric tons of plastic has been produced since 1950, most of which has ended up in landfill or as detritus scattered across the world.

At current production rates there will be around 12 billion metric tons of plastic circulating the planet’s ecosystem by 2050. That would mean we have more plastic in our oceans than fish.

How is innovation playing a pivotal role in providing alternatives to plastics? And who are the key players leading the way?

This article on, Biodegradable Alternatives to Plastics, looks at innovation trends across this technology area and has uncovered the following insights:

  • Significant investment and interest in biodegradable alternatives soared in the early 2000s, but has since stagnated
  • German chemical company, BASF, is the market leader in this space in US and Europe
  • Asia prioritises investment into innovation of biodegradable plastics and adhesive alternatives, with China, Japan and Korea accounting for 43% of inventions in this area.

Fill out the form below to gain access to the full article that delves deeper into investment and innovation in these bioplastic and sustainable adhesive technologies.

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BIODEGRADABLE ALTERNATIVES TO PLASTICS

Discover how this innovative landscape has been developing

  • What can the patent landscape tell us about more sustainable alternatives to plastics?
  • How do the top 10 key players in this area compare to market leader, BASF?
  • Is innovation in this area moving quickly enough to help us achieve global sustainability goals?

Biodegradable alternatives to plastic article

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“If they use that data, they can get ahead of the competition, by just simply innovating around some of these #patents that are out there”. Peter Haigh, Chair of @mintelnews in our latest Cipher Vision podcast. Listen now: https://t.co/yVTHdWon5s https://t.co/3iMbLnxgLG
Over $40 billion is spent on #patents each year, but less than 20% of companies report that their portfolio is the right size. Cipher can assist with Portfolio Optimisation. Visit our Solution page and download a report: https://t.co/7Kc8vLIyU2
Our analysis on #electricvehicles found that players such as @ToyotaMotorCorp @Kia and @Hyundai dominate the battery technology landscape, helping to ensure fast and reliable charging options. Full report: https://t.co/KYQ6PSpyMh #patentanalysis https://t.co/ioIhI3hZOx

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