The global demand for Starch Based Plastic Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028.
Starch-based plastics are bioplastics derived from biomass source, starch. Starch is a natural polymer and it can be incorporated in various petroleum-based polymers or biopolymers to create composite materials. These composite materials can later be injection molded or extruded using standard processing machinery. Starch-based plastic is used in a variety of applications owing to its physical properties such as tensile strength and heat tolerance.
The increasing applications of mulch films in the agriculture industry are driving market growth. Increasing demand for bioplastics in packaging applications is again accelerating market growth. Increasing usage of bioplastics in medical applications is further fuelling market growth. On the other hand, issues associated with the disposal of biodegradable plastics are likely to hamper the market growth. Whereas, favorable government initiatives are expected to create potential opportunity over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give an inclusive assessment of each application/product segment in the global market of starch-based plastic.
The entire starch-based plastic market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Blow Molding
- Injection Molding
- Agriculture & Horticulture
- Consumer Goods
- Food & Beverage
- Electrical & Electronics
This section covers regional segmentation which accentuates on current and future demand for starch-based plastic market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Starch Based Plastic Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the starch-based plastic market include BASF, BioBag International, Biome Bioplastics, Biotec International, Braskem, Cardia Bioplastic, Corbion, CPR Corp, GreenHome, National Starch and Chemical, NatureWorks, Novamont and Toray Industries. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.