A Comprehensive Assessment of Conventional Petrochemicals and Bio-based Alternatives in Polymer Production

Tanika Kapa

doi:10.36948/ijfmr.2023.v05i06.11286

A Comprehensive Assessment of Conventional Petrochemicals and Bio-based Alternatives in Polymer Production

Author(s)	Tanika Kapa
Country	India
Abstract	This research explores the environmental impact of propylene production, especially conventional polypropylene (PP) which constitutes 16% of the global plastic industry. The production methods, including steam cracking and fluid catalytic cracking, significantly contribute to both greenhouse gas emissions (28%) and fossil resource use (23%). In response, the paper advocates for a transition to bio-polypropylene, foreseeing global market growth from $94.8 million in 2021 to $996.9 million in 2028, with a compound annual growth rate of 39.9%. Bio-polypropylene offers a reduced carbon footprint and better alignment with production sustainability goals. However, the paper also addresses potential challenges in this transition, including impacts on food security and increased water consumption for cultivation of bio-mass. The research recommends strategic policy interventions, such as Pigouvian tax and subsidies, to facilitate a gradual shift, emphasizing the importance of balancing economic feasibility and environmental sustainability.
Keywords	propylene, polymer production, pigouvian tax, subsides, polypropylene, carbon footprint
Published In	Volume 5, Issue 6, November-December 2023
Published On	2023-12-28
Cite This	A Comprehensive Assessment of Conventional Petrochemicals and Bio-based Alternatives in Polymer Production - Tanika Kapa - IJFMR Volume 5, Issue 6, November-December 2023. DOI 10.36948/ijfmr.2023.v05i06.11286
DOI	https://doi.org/10.36948/ijfmr.2023.v05i06.11286
Short DOI	https://doi.org/gtbtgp

View / Download PDF File

About IJFMR Fees & Payment Current Issue Publication Archive	Submit Research Paper Track Submission Status Publication Guidelines Publication Ethics Peer Review & Plagiarism	Join as a Reviewer Editors & Reviewers Reviewer Referral Program Get Reviewer Membership Certi.	Website/Journal Policies Usage Policy Content Policies Privacy Policy

Contact Us		+91-9898-5948-55	editor@ijfmr.com

International Journal For Multidisciplinary Research

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

A Comprehensive Assessment of Conventional Petrochemicals and Bio-based Alternatives in Polymer Production

Share this