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With an initial valuation of $1.89B in 2021, the global starch-blended biodegradable polymer market is expected to reach $3.44B by 2031, a CAGR of 10.2% from 2024 to 2031.
As more and more sectors look for environmentally acceptable and sustainable alternatives, consumer tastes in starch-blended biodegradable polymers have been shifting in recent years. The use of biodegradable polymers combined with starch has been motivated by the need to reduce environmental impact and tackle plastic pollution. These polymers are compatible with the worldwide movement towards a circular economy since they are biodegradable and compostable, and they are made from renewable resources.
Furthermore, starch-blended biodegradable polymers offer practical alternatives to single-use plastics and are thus consumed in large quantities by the packaging industry. Consciousness about the environment and government efforts to promote sustainable materials are driving the market for bioplastics, which is experiencing continuous research and development.
The combination of starch with synthetic polymers results in a biodegradable polymer known as starch-blended. The second most prevalent kind of biodegradable polymer at the moment are those derived from starch. These polymers can include 10% to 90% starch, have a crystalline structure, and are easy to produce. In recent years, starch-based biodegradable polymers have gained a lot of popularity. Astroturf, a substitute for petrochemical-based polymers, is more accessible, cheaper, and better for the environment.
The increasing demand for biodegradable packaging materials from both developed and developing nations, along with the rising usage of starch as a filler in polymers to make them more biodegradable, are the main factors propelling the development of starch-blended biodegradable polymers. Another factor propelling demand for starch-blended biodegradable polymer is the proliferation of alternatives to conventional plastics brought about by the growing interest of consumers in renewable feedstock and biopolymers. The market is hindered, however, by the high cost of biodegradable plastics.
Biodegradable polymers combined with starch are a potential answer to the growing demand for environmentally friendly products brought on by people's heightened consciousness about the need of doing action to protect our planet. The worldwide movement to reduce plastic pollution and embrace more environmentally friendly methods is fueling the market's growth. The industry is expanding because of factors such as strict rules and policies that promote the use of biodegradable materials.
The possible financial ramifications of making these polymers are one of the key obstacles in the industry. When compared to conventional plastics, the production methods and the cost of raw materials, especially starch, could be more expensive. Another issue that can arise is that starch-blended polymers have different biodegradation rates. This is problematic because different applications call for different degradation timescales.
The dramatic uptick in R&D efforts, which is fueling new developments in starch-blended polymer formulations. These developments are an effort to broaden the polymers' use across a variety of industries by improving their overall performance, durability, and adaptability. The increasing demand for individualized solutions is another noteworthy trend; as a result, producers are concentrating on customizing starch-blended biodegradable polymers to address particular use cases.
Report Coverage
Global Starch-blended Biodegradable Polymer research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Starch-blended Biodegradable Polymer report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Starch-blended Biodegradable Polymer competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Starch-blended Biodegradable Polymer market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Starch-blended Biodegradable Polymer market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Starch-blended Biodegradable Polymer market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
WUHAN HUALI ENVIRONMENTAL TECHNOLOGY CO., LTD., NIHON CORNSTARCH CORPORATION, NOVAMONT S.P.A., TRYECO, LLC, LACTEL ABSORBABLE POLYMERS, BASF SE, RODENBURG BIOPOLYMERS, BALSON INDUSTRIES, PLANTIC TECHNOLOGIES LIMITED, BIOGRADE
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Starch-blended Biodegradable Polymer market based on the below-mentioned segments:
Global Starch-blended Biodegradable Polymer Market, By Type
BIODEGRADABLE STARCH
DURABLE STARCH
Global Starch-blended Biodegradable Polymer market, By Application
FOOD PACKAGING
AGRICULTURE
MEDICAL
OTHERS
Global Starch-blended Biodegradable Polymer market, Regional Analysis
As more and more sectors look for environmentally acceptable and sustainable alternatives, consumer tastes in starch-blended biodegradable polymers have been shifting in recent years. The use of biodegradable polymers combined with starch has been motivated by the need to reduce environmental impact and tackle plastic pollution. These polymers are compatible with the worldwide movement towards a circular economy since they are biodegradable and compostable, and they are made from renewable resources.
Furthermore, starch-blended biodegradable polymers offer practical alternatives to single-use plastics and are thus consumed in large quantities by the packaging industry. Consciousness about the environment and government efforts to promote sustainable materials are driving the market for bioplastics, which is experiencing continuous research and development.
The combination of starch with synthetic polymers results in a biodegradable polymer known as starch-blended. The second most prevalent kind of biodegradable polymer at the moment are those derived from starch. These polymers can include 10% to 90% starch, have a crystalline structure, and are easy to produce. In recent years, starch-based biodegradable polymers have gained a lot of popularity. Astroturf, a substitute for petrochemical-based polymers, is more accessible, cheaper, and better for the environment.
The increasing demand for biodegradable packaging materials from both developed and developing nations, along with the rising usage of starch as a filler in polymers to make them more biodegradable, are the main factors propelling the development of starch-blended biodegradable polymers. Another factor propelling demand for starch-blended biodegradable polymer is the proliferation of alternatives to conventional plastics brought about by the growing interest of consumers in renewable feedstock and biopolymers. The market is hindered, however, by the high cost of biodegradable plastics.
Biodegradable polymers combined with starch are a potential answer to the growing demand for environmentally friendly products brought on by people's heightened consciousness about the need of doing action to protect our planet. The worldwide movement to reduce plastic pollution and embrace more environmentally friendly methods is fueling the market's growth. The industry is expanding because of factors such as strict rules and policies that promote the use of biodegradable materials.
The possible financial ramifications of making these polymers are one of the key obstacles in the industry. When compared to conventional plastics, the production methods and the cost of raw materials, especially starch, could be more expensive. Another issue that can arise is that starch-blended polymers have different biodegradation rates. This is problematic because different applications call for different degradation timescales.
The dramatic uptick in R&D efforts, which is fueling new developments in starch-blended polymer formulations. These developments are an effort to broaden the polymers' use across a variety of industries by improving their overall performance, durability, and adaptability. The increasing demand for individualized solutions is another noteworthy trend; as a result, producers are concentrating on customizing starch-blended biodegradable polymers to address particular use cases.
Report Coverage
Global Starch-blended Biodegradable Polymer research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Starch-blended Biodegradable Polymer report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Starch-blended Biodegradable Polymer competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Starch-blended Biodegradable Polymer market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | WUHAN HUALI ENVIRONMENTAL TECHNOLOGY CO., LTD., NIHON CORNSTARCH CORPORATION, NOVAMONT S.P.A., TRYECO, LLC, LACTEL ABSORBABLE POLYMERS, BASF SE, RODENBURG BIOPOLYMERS, BALSON INDUSTRIES, PLANTIC TECHNOLOGIES LIMITED, BIOGRADE |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Starch-blended Biodegradable Polymer Market from 2021 to 2031.
- Market Forecast for Starch-blended Biodegradable Polymer Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Starch-blended Biodegradable Polymer competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Starch-blended Biodegradable Polymer
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Starch-blended Biodegradable Polymer market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Starch-blended Biodegradable Polymer market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
WUHAN HUALI ENVIRONMENTAL TECHNOLOGY CO., LTD., NIHON CORNSTARCH CORPORATION, NOVAMONT S.P.A., TRYECO, LLC, LACTEL ABSORBABLE POLYMERS, BASF SE, RODENBURG BIOPOLYMERS, BALSON INDUSTRIES, PLANTIC TECHNOLOGIES LIMITED, BIOGRADE
Primary Target Market
- Market Players of Starch-blended Biodegradable Polymer
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Starch-blended Biodegradable Polymer market based on the below-mentioned segments:
Global Starch-blended Biodegradable Polymer Market, By Type
BIODEGRADABLE STARCH
DURABLE STARCH
Global Starch-blended Biodegradable Polymer market, By Application
FOOD PACKAGING
AGRICULTURE
MEDICAL
OTHERS
Global Starch-blended Biodegradable Polymer market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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