How To Make A Successful Business Out Of Bio-degradable Plastic Polymer From Corn

Materials that can be recycled into biodegradable plastic polymers are frequently made from corn. The majority of people are aware that maize is a significant crop in America, but they might not be aware of the extent to which corn harvests are utilised in the production of plastic goods. Because it yields biodegradable plastics derived from renewable resources and recyclable plastics, corn has the potential to be one of America's most sustainable crops. In order to convert grain into plastic, enzymes are first added to the mixture. Plant materials like cellulose and hemicellulose are broken down by the enzymes so that other chemicals can dissolve them and convert them to sugars. The sugars are transformed into lactic acid or glycerol after being filtered out of solution to remove them from particulates. The primary component of corn syrup is lactic acid, while nitroglycerin is made from glycerol. Finally, monomers like styrene are added together with these components and heated to form polymers, which are lengthy chains of molecules. Then, these polymers can be recycled into fuel or used as a feedstock to make more corn-based goods! Benefits of Bio-Degradable Plastic Polymer A type of plastic known as biodegradable plastics decomposes in the environment rather than sticking around as a contaminant. In addition to being broken down by sunlight exposure, they can also be consumed and broken down by soil bacteria. Although biodegradable polymers have been available for about 20 years, their application has only lately expanded. Compared to conventional plastics, biodegradable polymers provide a number of benefits, including the ability to be recycled and composted. The Environmental Protection Agency (EPA) of the United States claims that plastic waste makes up around one-third of all rubbish found on American beaches and that there is six times as much plastic in the nation's rivers, lakes, bays, and oceans as there is zooplankton. Since they won't stay as long in the environment as regular plastics do, biodegradable plastics offer a good answer to this problem. Currently, food products or other materials that need to be protected from deterioration while shipping are packaged in biodegradable polymers. Most petroleum-based products will soon be replaced with bioplastics, which is a great approach to minimise greenhouse gas emissions and global warming. There is no longer any justification for anyone not to care about our planet and its future thanks to these cutting-edge new technology. In order to satisfy demand and maintain respect for Earth's limited resources, biodegradable plastic offers sustainable alternatives. Indian Market outlook India's bioplastics market was estimated to be worth US$ 320.13 million in 2021 and was projected to grow at a CAGR of 22.1% from 2022 to 2027 to reach US$ 1060.77 million. Biodegradable plastics are a relatively recent idea and are not as well-known or widespread in India as they are in other nations. Demand for eco-friendly and sustainably produced goods is rising as the nation's population expands. This implies that the demand for biodegradable plastics in India will increase. By 2030, the Indian government has high goals for lowering its carbon impact. The potential for biodegradable plastics in India is enormous when all of these considerations are taken into account. Global Market outlook The estimated value of the global market for biodegradable plastic in 2021 is USD 4.1 billion. It is predicted to expand at a compound annual growth rate (CAGR) of 9.7% from 2022 to 2030. Governments limiting the use of single-use plastic along with rising public awareness of the harmful effects of plastic waste are two major factors that are fueling industry expansion. The segment's growth is also anticipated to be supported by the expanding use of biodegradable plastics in packaging and agriculture. Plastics that don't degrade are a global issue. Governments all over the world are promoting the use of biodegradable plastics and restricting single-use plastics in an effort to solve this problem. People are also prepared to pay more for biodegradable plastics due to their eco-friendliness. Since the 1930s, biodegradable polymers have been in use, and they have improved with time to become more affordable, sustainable, and useful. The globe is turning to renewable resources that may be utilised in common products in an effort to lessen its carbon footprint on the environment. The production of biodegradable polymers has increased as a result of the surge in corn production. Films made using plastic polymers derived from corn are lighter than those made with typical petroleum-based plastics. As a result, they require less energy to transport, making them even more environmentally friendly than conventional plastics. Films made of polymeric polymers derived from corn are flexible, strong, and long-lasting without changing colour or becoming brittle at low temperatures. Due to the fact that they don't suffer from heat degradation like ordinary plastics do, they also permit a larger temperature range. Conclusion As the business plan shows, this project is poised to make significant gains in the coming years. The Bio-Degradable Plastic Polymer will soon be on store shelves, and the profit the company makes will just continue to grow. If you're wondering if you should invest in this business, now may be the time to do so! So check out the business plan, and start investing in this huge bio-degradable plastic polymer venture! Key Market Players • Cargill Incorporated • PTT MCC Biochem Co., Ltd. • Biome Technologies plc • Plantic Technologies Limited • BASF SE • Total Corbion PLA • Synbra Technology BV • Futerro • Novamont SpA • NatureWorks LLC • Eastman Chemical Company • Trineso • Danimer Scientific • FKuR Kunststoff GmbH

Plant capacity: 10,000 MT Per Annum

Plant & machinery: 6058 Lakhs

Working capital: -

T.C.I: 8100 Lakhs

Return: 28.00%

Break even: 38.00%