Starch blended biodegradable polymers are formed by combining starch and synthetic polymers. Currently, starch based polymers represent the second largest category of biodegradable polymers. These polymers are crystalline in nature, reasonably easy to process and may have starch content ranging from 10% to greater than 90%. In recent years, starch-based biodegradable polymers have gained prominence to a great extent. The lower price and greater availability of starch coupled with its environment-friendly profile has made it as a viable alternative to polymers based on petrochemicals.
According to IMARC Group’s recently published report titled “Starch Blended Biodegradable Polymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global starch blended biodegradable polymer market is currently being driven by the expanding applications of these polymers in various industries such as food, packaging, agriculture, etc. Furthermore, the prices of these products have been declining continuously over the past several years making them competitive compared to synthetic polymers. According to the report, the starch based polymers market exhibited double-digit growth during 2014-2019. The report provides a comprehensive insight into the industry including its market break-up by region, market breakup by end-uses, value chain analysis, key players and market outlook. The report also gives an insight into the manufacturing process of starch blended biodegradable polymers covering key success and risk factors for manufacturers, manufacturing process flow, the reactions involved, raw materials and their requirements, etc. Looking forward, the global starch blended biodegradable polymer market to continue its strong growth during the next five years.
The report has segmented the global starch blended biodegradable polymer market on the basis of end-use. Bags and sacks currently represent the biggest end-use industry accounting for the majority of the total market. Bags and sacks are followed by loose fill and packaging. The report has also segmented the market according to its key regions and finds that Western Europe currently represents the largest market accounting for the majority of the total global share. Western Europe is followed by Asia-Pacific and North America. The report has also analysed the key players operating in the global starch blended biodegradable polymer market which include Novamont, Rodenberg, Wuhan Huali Environment Protection Sci. & Technology CO.Ltd, Livan, Plantic Technologies, BIOP, Biograde, Japan Corn Starch, Biotec and BASF.
Key Questions Answered in This Report:
The global starch blended biodegradable polymers market was worth US$ 825 Million in 2019.
The extensive use of starch blended biodegradable polymers in the food packaging industry due to their odorless, tasteless and non-toxic properties represents the major factor driving the market growth. The increasing awareness regarding bio-packaging across the world has also propelled the market further.
The growing environmental consciousness has resulted in the increasing uptake of green and sustainable products, which acts as one of the major market trends.
The outbreak of the coronavirus disease (COVID-19) has created a positive impact on the market as starch blended biodegradable polymers are used for drug delivery in the form of microspheres or hydrogel.
The global starch blended biodegradable polymers market is expected to reach US$ 1,251 Million by 2025, exhibiting a CAGR of 7.10% during the forecast period (2020-2025).
Based on the polymer type, the market is bifurcated into biodegradable and durable starch.
On the basis of the end use, flexible packaging accounts for the majority of the total market share. Other major segments are agriculture and horticulture, rigid packaging and consumer goods.
Region-wise, Western Europe holds the leading position in the market. Other major regions are North America and Asia Pacific.
The leading players are Novamont S.p.A., Rodenberg Türsysteme AG, Wuhan Huali Biomaterial Co., Ltd., Nihon Cornstarch Corporation (Japan Cornstarch Corporation), Plantic Technologies Limited, DuPont de Nemours, Inc., BASF SE, DURECT Corporation (Lactel Absorbable Polymers), Balson Rubber and Allied Industries, and Tryeco 2.0. Srl.
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