Technological watch

Transforming the plastic industry toward producing more sustainable alternatives than conventional plastics, as an essential enabler of the bio-based circular economy (CE), requires reinforcing initiatives to drive solutions from the lab to the market. In this regard, startups and ideation and innovation events can potentially play significant roles in consolidating efforts and investments by academia and industry to foster bio-based and biodegradable plastic-related developments. This study aimed to present the current trends and challenges of bioplastics and bio-based materials as sustainable alternatives for plastics. On this basis, having conducted a systematic literature review, the seminal research themes of the bio-based materials and bioplastics literature were unfolded and discussed. Then, the most recent developments of bio-based sustainable products in Ukraine, as alternatives to petroleum-based plastics, that have gained publicity through local startup programs and hackathons were presented. The findings shed light on the potential of the bio-based sector to facilitate the CE transition through (i) rendering innovative solutions most of which have been less noticed in academia before; (ii) enhancing academic debate and bridging the gap between developers, scholars, and practitioners within the plastic industry toward creating circularity across the supply chain; (iii) identifying the main challenges and future perspectives for further investigations in the future.