Starch-Based Bioplastics Market size was valued at USD 1.7 Bn in 2022 and is expected to reach USD 3.17 Bn by 2029, at a CAGR of 9.3%
Starch-Based Bioplastics Market Overview:
The Starch-Based Bioplastics Market research study is set up so that each segment is individually analysed before being combined to form the total market, and the analysis is done based on consumer needs. Over the course of the forecast period, it is expected that the Starch-Based Bioplastics # market would grow quickly because of the rising urbanization and development of emerging nations. On the other side, high investment costs might affect the growth of the Starch-Based Bioplastics market as a whole.
Starch-Based Bioplastics Market Scope and Research Methodology
Primary and secondary research methodologies were employed and data collected by using both research methods were combined to make the Starch-Based Bioplastics market report authentic. Various secondary sources including industry associations, white papers, and journals were used for data collection. Key Player’s offerings were also taken into consideration to determine the Starch-Based Bioplastics market segmentation.
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The bottom-up approach was used to estimate the market size by considering the Starch-Based Bioplastics adoption rate and pricing by key players, which were then verified through primary research by conducting extensive interviews with key industry personnel, such as Vice Presidents (VPs), directors, and related executives in the Starch-Based Bioplastics market. Data triangulation and market breakdown procedures were employed to complete the overall Starch-Based Bioplastics market engineering process and arrive at the exact statistics for all segments and sub-segments.
Starch-Based Bioplastics Market Segmentation:
By Type: The Starch-based bioplastics market is segmented based on the type such as Thermoplastic starch (TPS), Starch blends, Starch Blended with PLA, and Starch Blended with PHA. TPS is the most widely used starch-based bioplastic and is extensively used in applications such as cutlery, straw, etc. Starch blends are a combination of starch with other biodegradable polymers to improve the mechanical properties and processability of the material. The thermoplastic starch (TPS) segment is expected to dominate the market within the forecasted period.
End-use industry: The end-use industry segment includes food and beverage, cosmetics and personal care, pharmaceuticals, and others. In the pharmaceutical industry, starch-based bioplastics can be used to create packaging for medications and medical devices. The food and beverage industry is expected to hold the largest segment share due to the increasing demand for food products.
by Type
• Thermoplastic starch (TPS)
• Starch blends
• Starch Blended with PLA
• Starch Blended with PHA
by Application
• Rigid Packaging
• Flexible Packaging
• Textile
• Consumer Goods
• Agriculture
• Automotive
• Building & Construction
• Electronics
• Others
Starch-Based Bioplastics Market Regional Insights
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
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Starch-Based Bioplastics Market Key Players:
• Novamont S.P.A
• BASF SE
• Biome Bioplastics Ltd.
• Plantic Technologies Limited
• Arkema S.A.
• Total Corbion PLA
• Natureworks LLC
• Toray Industries Inc
• Cardia Bioplastics Ltd
• Corbion N.V
Report provides:
- Global Starch-Based Bioplastics Market Penetration: Provides a comprehensive overview of the Starch-Based Bioplastics market from the major players.
- Global Starch-Based Bioplastics Market Development: Provides in-depth information on interesting new areas as well as market penetration studies in existing categories.
- Global Starch-Based Bioplastics Market Diversification: In-depth coverage of new product releases, underserved areas, current changes, and investment opportunities.
- Competitive Landscape: Provides in-depth analysis of the main companies’ market shares, strategy, products, certification, regulatory approvals, patent landscape, and manufacturing capacity.
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