Bioplastic: An Option with no Market?

Companies in the disposable plastic manufacturing sector have the capacity to replace all their production with environmentally friendly options, but the main obstacle is the limited capacity that customers must pay the surcharge for bioplastics.

Monday, January 6, 2020

In Costa Rica, some 31 companies indicated that they have the capacity to replace all their production with user-friendly options, the main limitations being the low capacity of customers to pay the surcharge for bioplastics and the restrictions on the functionality of the alternatives.

You may be interested in "Plastic: Market Figures up to March 2019"

According to a study by the Foreign Trade Promoter (Procomer), 55% of companies in the country's plastic manufacturing sector indicated that they have the capacity to replace their traditional plastic production with eco-friendly options. However, they indicated as limitations the lack of financial capacity of customers to pay for bioplastics and that the functionality is not always the same as traditional ones.

The remaining 45% of the companies consulted indicated that they cannot totally replace their production, since their main limitation is their financial capacity.

Also see "Plastic: Innovate or Die"

The document reviews that "... 77% indicated that they are not able to move to the production of plastics that are less related to the waste generation (e.g.: move from producing bags to producing plastic for the electric and electronic industry), because it would imply a total change of facilities, machinery, human resources and among others; therefore a productive transformation in this sense is not possible.

64% of the companies export this type of disposable plastic, which reflects that it is a sector linked to international markets.
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