Global Starch Blended Biodegradable Polymer Market Grow At A CAGR Of 12.0% During The Forecast Period Of 2023-2028

PRESS RELEASE

Published January 30, 2023

The new report by Expert Market Research titled, ‘Global Starch Blended Biodegradable Polymer Market Size, Share, Price, Trends, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global starch blended biodegradable polymer market, assessing the market based on its segments like polymers type, end uses, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.o

Starch Blended Biodegradable Polymer Market Share, Size, Price, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 12.0%

Starch blended biodegradable polymer is a crucial component in the production of packaging products and materials. In this regard, the increasing demand for packaging products in the food and beverage sector, owing to the increasing sales of clean-labelled food products, is propelling the starch blended biodegradable polymer market.

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Over the forecast period, the anticipated increase in the application of this polymer in the agriculture industry owing to the increase in population is likely to provide impetus to the market. In terms of region, the Asia Pacific region accounts for a significant share of the market owing to the good economic growth of the emerging economies, such as India and China, which are likely to offer lucrative opportunities to the food packaging industry, thereby, propelling the demand for starch blended biodegradable polymer.

Starch Blended Biodegradable Polymer Industry Definition and Major Segments

Starch blended biodegradable polymer is defined as a biomaterial based on cellulose which can be degraded by microorganisms and enzymes. This polymer is obtained by processing low-density polyethylene, starch, and ethylene acrylic acid copolymer in water and glycerine and is utilised in the industrial sector in industries such as food packaging.

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On the basis of polymer type, the market can be segmented into:

Biodegradable Starch
Durable Starch

Based on end use, the market has been segmented into:

Flexible Packaging
Agriculture and Horticulture
Rigid Packaging
Consumer Goods
Others

The regional markets for starch blended biodegradable polymer include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Starch Blended Biodegradable Polymer Market Trends

The key trends in the starch blended biodegradable polymer market include the thriving e-commerce industry which is propelling the sales of food, medical, and electronic products, which is bolstering the demand for starch blended biodegradable polymer. Meanwhile, the growing research and development activities in the pharmaceutical industry are likely to be the other crucial trends in the market, which are anticipated to propel the demand for starch blended biodegradable polymer to explore the applicability of the product.

Moreover, the growing expansion of the domestic and international producers of the product aimed towards increasing production capacity of the polymer, supported by the government initiatives is likely to augment the market in the coming years.

Key Market Players

The major players in the market are:

Novamont S.p.A.
Rodenburg BioPolymers
Guangzhou Zeesan Biotechnology Co. Ltd.
BASF SE
Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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