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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
sustainable plastic is a material that addresses the needs of consumers without damaging our environment, health, and economy.
Types of plastics:
Bio-Filled Plastics
Straddling the divide between renewable and non-renewable raw materials are bio-filled plastics in which renewable, organic materials such as ground coconut shells, rice hulls, nutshells, and cotton fiber are used to substitute plastic materials
Bio-plastics
Made from purely biological materials such as sugar, corn, and vegetable oil, bioplastics are an improvement on traditional petroleum-based plastics. Popular types such as PHA polyhydroxyalkanoates, polylactic acid, and acetate can perform as well as many traditional plastics.
Coperion has announced that a new recycling test lab is being built at its Niederbiegen/Weingarten, Germany, production location. The location of the Recycling Innovation Center will be next to Coperion's current Bulk Solids Handling test facility, increasing the company's test lab capacity in Germany alone to 5,000 m2.
Coperion, which currently produces a wide variety of equipment and procedures for recycling applications, has chosen to respond by additionally providing customers with concrete support in the shape of a dedicated test lab as the need for effective plastics recycling solutions gradually increases.
Here, with the help of clients from around the world, real approaches to solutions for every stage of the recycling process will be tested and developed.
Customers will be able to use the expertise offered by Coperion to create and test new, sustainable goods and recycling processes at the new Recycling Innovation Centre.
All necessary recycling process phases, such as material transportation, feeding, extrusion, pelletizing, and material post processing, will be handled by the facility, which will be fully prepared to do so. The amenities at the Centre will allow Coperion to advance its own research into plastics recycling in addition to serving the demands of its clients.
Europe sustainable plastic market is expected to gain market growth in the forecast period of 2020 to 2027. It is analyzed that the market is growing with a CAGR of XX.X% in the forecast period of 2020 to 2027 and is expected to reach USD XXXX million by 2027.
| Sl No | Company | Year | Development |
| 1. | Eastman chemical company | Mar 2022 | Eastman entered exclusive negotiation With site in normandy for a molecular recycling facility in France |
| 2. | Eastman Chemical company | Mar 2022 | Eastman joined European fiber-based packaging 4evergreen |
| 3. | Danimer scientific | Sep 2021 | Danimer Scientific Received Grant from United Soybean Board to Expand Research of High-Oleic Soybean Oil in Biodegradable Plastic Production |
| 4. | Danimer scientific | Aug 2021 | Danimer Scientific Completed Acquisition of Biodegradable Polymer Producer Novomer |
| 5. | Basf SE | Mar 2022 | BASF and REEF Technology signed a strategic cooperation agreement to improve the quality of plastic recyclate materials |
Force majeure declarations have hung over Europe's plastics processing industry like the sword of Damocles since the pandemic began more than two years ago.
The dreaded letters from resins suppliers announcing the suspension of agreed-upon delivery contracts would be familiar to most enterprises in the sector. This can occur as a result of an unanticipated plant failure, or as a result of non-delivery of precursor materials, weather, strikes, or other circumstances.
Global supply lines have grown more unstable than they have ever been since Russia began its campaign against Ukraine, and China's Shanghai has been under lockdown for nearly two months.
On a daily basis, uncertain supplies and material shortages are jeopardising the very existence of sectors such as the plastics industry. Add to that the fact that energy and logistical prices have been trending in only one way for months, namely steeply higher.
The greater these prices rise, the smaller the margins for plastics converters become.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
| 21 | Product installation rate by OEM, 2022 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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