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Biodegradable Plastic Bags From Corn & Cassava Starch Granules | |
| The term "biodegradable plastic" refers to plastic that spontaneously breaks down in the environment. This is accomplished when environmental microorganisms metabolize and disassemble the structure of biodegradable plastic. The final product is less damaging to the environment than conventional plastics. If they are not reused or recycled, plastic bags take 100 years on average to disintegrate in nature. Using biodegradable plastic bags rather than regular plastic bags has a number of benefits. Because they decompose quickly in our rubbish cans or landfills, biodegradable plastic bags help to maintain our environment safe and sanitary. After disposal, plastics are practically useless because of the slow degradation of plastic, which releases hazardous compounds into the soil and water sources. Biodegradable bags have a component that speeds up the decomposition process, minimizing their adverse environmental effects. If they are produced ethically and recycled by consumers, biodegradable plastic bags can be a more environmentally beneficial option than conventional plastic bags. Plastic waste that is not recycled into new items ends up in landfills or the ocean, hurting the environment and possibly endangering the health of fish and other marine life that consume it. Since they take months to breakdown and until then have the same environmental effects as ordinary plastic bags, biodegradable plastic bags have the potential to make this issue worse. Uses and Application Uses and applications for biodegradable plastic bags are numerous. They can be used as trash bags in addition to being used for shopping and food storage. These bags are far more environmentally friendly than conventional plastic bags because they are constructed of materials that will naturally disintegrate. They can also help you save money over time because they are frequently less expensive to make. These plastics are also utilized in non-disposable products such plastic pipes, carpet fibers, car interior insulation, mobile phone casings, and carpet fibers. It is being developed to use new electro-active bio-plastics to transport electric current. In these domains, using sustainable resources to produce goods is the main objective rather than biodegradability. They are frequently used to create tampons, sanitary pads, and disposable diapers. Common Applications of Bio-plastics Bags 1. Biodegradable packaging 2. Consumer electronics made of bio-plastics 3. A meal service 4. Medical 5. Automotive and Aerospace 6. Cosmetics Indian Market Higher input costs and, consequently, pricing, as well as the presence of contaminants in finished corn starch bags like plastic and metal, pose significant obstacles to the market's expansion. The solution to these problems is to increase the availability of raw materials (corn), which can lower costs and improve manufacture in accordance with EN, ASTM, and IS/ISO standards to reduce contamination. Sustainable alternatives to plastics are in greater demand due to growing worries about their use. One such sustainable option is provided by biopolymers, specifically bioplastics. Globally, bioplastics/biopolymers-based goods and solutions provide intriguing potential. Numerous industrial areas, including those for packaging, water, beverages, insulating materials, specialty materials, and others, offer opportunities. In 2021, it was predicted that the global market for biodegradable plastic would be worth USD 4.1 billion. In the upcoming period, it is anticipated to increase at a compound annual growth rate (CAGR) of 9.7%. One of the main trends driving market expansion is governments banning the use of single-use plastic together with increased public awareness of the negative consequences of plastic waste. Additionally, it is projected that the growing usage of biodegradable plastics in packaging and agriculture will support the segment's growth. Plastics that don't break down are a worldwide problem. In order to combat this issue, governments all over the world are encouraging the use of biodegradable plastics and outlawing single-use plastics. Due to its eco-friendliness, people are also willing to pay more for biodegradable plastics. Collectively, the aforementioned elements are giving the market a boost. Industry Major Market Players: Important market companies are investing a lot of money in R&D to develop unique biodegradable plastic products that are durable and quickly degrade in the environment. 1. Cargill Incorporated 2. PTT MCC Biochem Co., Ltd. 3. Biome Technologies plc. 4. Plan tic Technologies Limited 5. BASF SE 6. Total Corbion PLA 7. Synbra Technology BV 8. Futerro 9. Novamont SpA 10. Nature Works LLC 11. Eastman Chemical Company 12. Trineso 13. Danimer Scientific 14. FKuR Kunststoff GmbH | |
| Plant capacity: Biodegradable Plastic Bags From Corn Starch Granules:6 MT Per Day Biodegradable Plastic Bags From Cassava Starch Granules:6 MT Per Day | Plant & machinery: 101 Lakhs |
| Working capital: - | T.C.I: Cost of Project:324 Lakhs |
| Return: 34.00% | Break even: 75.00% |
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Information- One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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- T.C.I is Total Capital Investment
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