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The global starch blended biodegradable polymer market exhibited strong growth during 2015-2020. Looking forward, the market is expected to reach a volume of 766.4 Kilotons by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
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 2021-2026”, 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. 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.
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.
The global starch blended biodegradable polymer market size reached 432.1 Tons in 2020.
The extensive use of starch blended biodegradable polymers in the food packaging industry due to their odorless, tasteless, and non-toxic properties, coupled with the increasing awareness regarding bio-packaging represent some of the key drivers for the global starch blended biodegradable polymer market.
The growing environmental consciousness has resulted in the increasing uptake of green and sustainable products, representing one of the key trends in the global starch blended biodegradable polymer market.
Sudden outbreak of the COVID-19 pandemic has led to an increase in the product demand as starch blended biodegradable polymers are utilized for drug delivery in the form of microspheres or hydrogel.
On the basis of the end-use, the market has been bifurcated into flexible packaging, agriculture and horticulture, rigid packaging and consumer goods. Currently, flexible packaging account for the majority of the market share.
Region-wise, the market has been classified into Western Europe, Asia-Pacific and North America, where Western Europe dominates the global market.
The key companies in the global starch blended biodegradable polymer market 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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