The surge in demand for bio-derived solutions is reshaping many industries. This demand is driven by a growing eco-conscious consumer base along with stringent regulatory frameworks that are being put into place. An increasing number of governmental regulatory agencies are requiring consumer-focused product companies to achieve higher levels of sustainability while fueling the growth of the circular economy. This can be challenging for many companies as they strive to comply with regulations while managing product development, production efficiencies, and costs.
However, using bio-based solutions in product manufacturing can be a viable means of reaching these new sustainability targets and can address several areas that may pose difficulties for some companies.
This article will explore how companies can find great value in adopting bio-derived alternatives. Here are some of the benefits that can result from pursuing their use:
Regulatory Compliance
Government agencies are implementing specific regulations to help reduce the environmental impact of product manufacturing. This is occurring globally and can range in the level of compliance required. Using bio-derived solutions can assist corporations in complying with these regulations and help to mitigate potential fines.
Economic Benefit
In addition to avoiding possible fines, investing in these solutions can also enhance a company’s reputation, attracting investors and stakeholders who prioritize sustainability.
Corporate Social Responsibility (CSR)
Integrating bio-based technologies supports CSR goals, underlining a commitment to ethical and sustainable practices.
Market Differentiation
Using these types of solutions, companies can differentiate their brands and position themselves as market leaders and innovators in sustainability.
Consumer Demand
Sustainable materials and technologies cater to the rising consumer demand for eco-friendly products. Using bio-derived alternatives can help attract and retain environmentally conscious consumers and foster brand loyalty.
Overall, transitioning to bio-derived solutions provides companies with a comprehensive strategy to meet regulatory demands, gain a competitive edge, foster economic growth, and achieve CSR objectives, all while contributing positively to environmental stewardship.
Avient offers a number of bio-based colorants, additives, polymers, and inks to address this growing need. Among them are CORE™ Bio-based Plastisols formulated with at least 25% bio content derived from renewable natural resources. They are an especially effective alternative for markets and applications affected by Consumer Product Safety Improvement Act (CPSIA) guidelines. Bio-derived dispersions of PVC resins, they are suitable for multiple manufacturing processes and can be custom-formulated to specific requirements.
Learn more about Avient’s bio-based plastisol solutions or contact us for help with your application challenges.