and global production capacity is expected to exceed 3 million tons in 2025

bio-based plastics refer to new materials whose production raw materials are entirely or partially derived from biomass (corn, sugar cane or cellulose, etc.). bio-based plastics can be subdivided into biodegradable and non-biodegradable plastics. representative products of biodegradable plastics include pla, pha, etc., while representative products of non-biodegradable plastics include bio-based pe, bio-based pet, etc. in…