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The global starch blended biodegradable polymer market size reached 432.1 Kilo 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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