Industry Background:
Starch-based plastics are complicated blends of starch with compostable plastics such as PLA, PBAT, PBS, PCL and PHAs. Blending of starch with plastics improves water resistance, processing houses and mechanical properties. Starch based totally trays are now not transparent. Starch-based plastics are greater fee aggressive than choice bioplastics. They can accommodate a huge vary of bodily residences that choice bioplastics lack, such as tensile electricity and warmth tolerance. Starch composites can additionally contain recycled plastics. Bioplastics assist manufacturing organizations remain aggressive by means of supporting to meet rising patron expectations of sustainability. They are regularly derived from a variety of biomass sources, the most extensively used being starch, which is an herbal polymer that can be included in a range of materials. Starch-based plastics can be used in a range of functions considering the fact that they can be included with a variety of petroleum-based polymers or biopolymers to create special composite materials. These composite substances can then be injection molded or extruded the use of preferred processing machinery.This growth is primarily driven by Growing Demand for Starch-Based Plastics in Food Packaging.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | Value (USD Million) |
Key Companies in Study | Agrana Beteiligungs AG (Austria), Rodenburg Biopolymers (The Netherlands), Wittenburg Group (Flevoland), Nihon Cornstarch Corporation (Tokyo), Toray Industries, Inc. (Japan), Novamont S.p.A (Italy), BIOTEC GmbH & Co (Germany), BioLogiQ (United States), Grabio Greentech (Taiwan) and Sunar NP (Turkey) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Consumer Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Agrana Beteiligungs AG (Austria), Rodenburg Biopolymers (The Netherlands), Wittenburg Group (Flevoland), Nihon Cornstarch Corporation (Tokyo), Toray Industries, Inc. (Japan), Novamont S.p.A (Italy), BIOTEC GmbH & Co (Germany), BioLogiQ (United States), Grabio Greentech (Taiwan) and Sunar NP (Turkey) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2020, AGRANA increased its distribution activities in its starch section and obtained one hundred percent shares of Marroquin Organic International Inc.
In 2020, Hi-Tech Group is the first-ever manufacturer in India to increase a plant-based (corn starch) biopolymer called Dr. Bio, which can be utilized for changing the single-use as nicely as multi-use plastic gadgets consisting of straws, bottles, disposable cutlery, polybags, and cups with bio-compostable plastic items. The new product has been given the approval from the Institute of Petrochemicals Technology (previously referred to as the Central Institute of Petrochemicals Engineering & Technology).The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies.
Market Drivers
- Growing Demand for Starch-Based Plastics in Food Packaging
Restraints
- Low Water Stability
- High Moisture Sensitivity
- Brittle Behavior at Room Temperature
Opportunities
Widely Used As an Alternative to Traditional Plastics
Challenges
Overcoming Miscibility Problems at High Starch Contents and Reducing costs, especially for biodegradable starch-polyester blends at low starch contents (<30 wt. %)
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Starch-Based Plastics Study Sheds Light on
The Starch-Based Plastics Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Starch-Based Plastics industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Starch-Based Plastics industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.