Global bio-based polymer production capacity will reach 12 million tons by 2020

China Drying Net In 2020, the global bio-based polymer production capacity will reach 12 million tons, which is three times that of 3.5 million tons in 2011.

It is expected that the development of bio-based PET will be the most prominent. By 2020, 5 million tons of bio-based PET will be produced from sugarcane-refined ethanol.

In terms of regions, these regions will attract more funds because of the rich natural resources in Asia and South America. By 2020, South America's bio-based material production capacity will account for 18% of the world's total, surpassing Europe and North America. Brazil, as the world’s largest producer of sugar cane, is uniquely endowed with the development of bio-based materials.

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