publication . Conference object . 2017

System dynamics modelling of the European demand for bio-based plastics: An analysis of scaling and learning effects and framework conditions on price competitiveness and market growth

Horvat, Djerdj; Wydra, Sven;
Open Access English
  • Published: 01 Jan 2017
  • Country: Germany
Bio-based plastics are used as raw materials in a wide range of applications and provide potential for mitigating climate change by lowering CO2 emissions. However, because of the high production costs compared to fossil-based alternative products, they are currently not cost competitive on the market. Moreover, the decrease of oil price as main antecedent of fossil-based plastics has even been diminishing their competiveness. Thus, the future of bio-based plastics on the market depends on the changing framework conditions, in the form of policy supports and increase in oil price. The key question that arises, in this regard, is how the linkage between the reduc...
free text keywords: system dynamics, bio-based plastic, scaling and learning effect, price competition
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