2020 Market Report on Plastics Degradation - Impact of COVID-19

8 February 2021

Dublin, Feb. 08, 2021 (GLOBE NEWSWIRE) -- The "Breakthrough Innovations Enhancing Plastics Degradation" report has been added to ResearchAndMarkets.com's offering.

The omnipresent influence of plastics in modern lifestyle has led to the production of about 300 million tons of fossil fuel-based plastics annually, according to the UN. About half of the total plastics produced till date are thrown away after a single use, and about 60% of the waste ends up in landfills or accumulates in the environment. It is predicted that by 2050, the amount of plastic waste generated will be more than 1,200MMT per year.

This makes plastics a major contributor to land and marine pollution and poses a big threat to the biodiversity. Although plastic recycling technologies are introduced 2 decades ago, they still haven't witnessed the wide-scale adoption. Plastic recycling technologies often face challenges to efficiently and economically convert plastic waste into a valuable resource and the plastic waste invariably ends up in the landfills or washes away to the nearby water resource and resides as micro-plastic. Although chemical recycling and incineration process show good conversion rates, these methods produce harmful emissions and hazardous gases.

Plastics due to its complex structure requires a longer period of time to degrade from a minimum of 50 years up to 1000 years, hence technology advancement in plastic degradation with enhanced degradation rates is the need of the hour. This research study hence focuses on the importance of plastic degradation, the types of plastic degradation technologies, factors influencing the adoption of plastic degradation and the benefits of plastic degradation.

The research study also focuses on:

  • Innovations and research developments covering plastic degradation technologies
  • Acquisitions and partnerships
  • IP analysis and comparative assessments
  • Companies to action and growth opportunities.

Key Topics Covered:

1.0 Strategic Imperatives
1.1 The Strategic Imperative 8T
1.2 The Impact Of The Top Three Strategic Imperatives On Plastic Degradation Technologies
1.3 About The Growth Pipeline Engine
1.4 Growth Opportunities Fuel The Growth Pipeline Engine

2.0 Executive Summary
2.1 Research Scope
2.2 Research Methodology
2.3 Key Findings - Plastic Degradations Technology
2.4 Polyethylene-based Plastic Is Commonly Used in Various Industries
2.5 Physicochemical and Biological Degradation Process Is a Sustainable Alternative for Managing Plastic Waste
2.6 Need for Plastic Degradation Over Recycling
2.7 High Interest in the R&D Efforts Related to Biological and Physicochemical Degradation Process
2.8 Plastic Degradation is a Sustainable Alternative for Plastic Waste Management

3.0 Technology Assessment
3.1 Types of Plastic Degradation Processes
3.2 Optimizing the Degradation Process of Plastic Waste by Understanding the Factors Influencing the Degradation Process
3.3 Enhancing Physical Degradation through Hybrid Processes
3.4 Future Development of Chemical Degradation Processes will Involve Cost Efficient and Environmentally Friendly Approaches
3.5 Developing Sustainable Approaches in the Physicochemical Degradation Process
3.6 Initiatives across Regions are Aimed at Enhancing Degradation as a Sustainable Pathway in Plastic Waste Management
3.7 Adoption of Cost-efficient Catalyst in Chemical Degradation Process
3.8 High Risk of Carbon and VOC Gases Limits the Adoption of the Chemical Degradation Process
3.9 Low Degradation Rate Limits the Adoption of Physical Degradation
3.10 Limited Knowledge on Energy Consumption of Physicochemical Degradation Process
3.11 Limited Commercialization of Biological Degradation Method of Plastic Waste
3.12 High Cost Catalyst Limits the Adoption of Physicochemical Degradation
3.13 Limited Commercialization of Biological Degradation Method of Plastic Waste

4.0 Innovation Indicators
4.1 Future Potential of the Thermal Degradation Process
4.2 Optimizing the Biological Degradation Process through Combining the Processes
4.3 Robust Interest of Chemical and Physicochemical Research Initiatives across the European and APAC Regions
4.4 Alkaline Hydrolysis is an Emerging Chemical Degradation Process
4.5 Growing Patent Activity Observed across the European Region in the Last Three Years
4.6 High Interest in Adopting Sustainable Alternatives for Polyurethane Terephthalate (PET) Degradation
4.7 Limited Opportunity of Licensing the Plastic Degradation Technology
4.8 Growing Interest on Optimizing the Biological Degradation Process
4.9 High Interest of Government Funding Across the North America and Europe Regions

5.0 COVID-19 Impact on the Technological Development
5.1 Degradation of Polymer Technology as a Wisely Alternative in Addressing the Plastic Waste During the COVID-19 Pandemic

6.0 Companies & Research Institutes to Action
6.1 Optimizing the Adoption of Sustainable Degradation Process Within the North America Region
6.2 Enhancing the Microbial Degradation Technology
6.3 Sustainable Alternative in Resolving the Robust Growth of Plastic Waste During the COVID-19 Pandemic
6.4 Aiding the Adoption of Microbial Degradation Process on a Larger Scale
6.5 Adoption of Hybrid Degradation Technology Within the Europe Region
6.6. Developing a Cost-efficient Degradation Technology Through Additives
6.7 Developing Sustainable Biological Degradation Process Within the North America Regions
6.8 Future Potential of Developing High Performance Enzymatic Degradation Process
6.9 Future Potential of Developing Circular Economy Approach Within the Waste Management Industry
6.10 Future Potential on Fabricating Tunable Biological Degradation Process
6.11 Future Potential in Developing a Sustainable Pathway in Degrading Polystyrene Waste
6.12 Adoption of High Performance Biological Degradation at Larger Scale Within the Europe Region
6.13 Future Potential in Adoption of Biological Degradation Within the Asia Pacific Regions

7.0 Growth Opportunities
7.1 Growth Opportunity 1: Future Opportunity of Plastic Degradation as a Sustainable Solution in the COVID-19 Scenario
7.2 Growth Opportunity 2: Development Sustainable Alternative of Plastic Degradation Through Hybrid Process

8.0 Key Contacts

For more information about this report visit https://www.researchandmarkets.com/r/q5zfxj

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