The most rapid gains in demand are expected for biobased commodity resins such as polyethylene and polypropylene, which are just beginning to enter the commercial market.
There are also the furfuryl alcohol based thermoset resins made from furfuryl alcohol (FA). About 75% of the global FA is produced from corncobs derived furfural.
Says analyst Kent Furst, “Robust growth in demand is expected in virtually all geographic markets,” driven by consumer preferences for sustainable materials, the increased adoption of bioplastics by plastic processors and compounders, and new product developments that expand the range of applications for bioplastics. However, despite the rapid rise in demand, bioplastics are still expected to account for less than 1% of the overall plastic resin market in 2022. “The success of the bioplastics industry will ultimately depend on price and performance considerations, and large scale conversion to bioplastics will not occur until price parity with conventional plastic resins is achieved,” Furst adds.
More: www.packworld.com
via Scoop.it – Furfural and its many By-products
Filed under: Topics of Interest Tagged: corncobs, furfuryl alcohol, Resins
from: dalinyebo.wordpress.com
