Starch Blended Bioplastic Market

Starch-blended bioplastic are produced from natural resources such as corn, maize, sugarcane, potato starch, among others. It is an eco-friendly substitute for ordinary plastics. Moreover, the properties of starch-blended bioplastic are similar to the LDPE (low-density polyethylene). Thus, this bioplastic is used in manufacturing of recycling bags. Furthermore, Starch-blended bioplastic are biodegradable and compostable in the nature. Owing to these properties, bioplastic are used in environmental and biomedical sectors.

Market Dynamics:

Soaring demand for starch blended bioplastic

Starch-blended bioplastic offers different properties such as heat preservation and water resistance. Moreover, starch based bioplastic helps in decreasing bad impact of plastic in the nature. These bioplastic are used in food packaging industry, as it offers longer lifespan to the food products. Furthermore, packaging industries are focusing on the solutions regarding waste-disposal issues, which is boosting the demand for starch- blended bioplastic.

Preference for eco-friendly plastic products among the consumers

Growing awareness regarding the use of environment-friendly bioplastic instead of ordinary plastic, is projected to create ample opportunity throughout the global starch-blended bioplastic market. For instance, on May 15, 2019, the according to the CIEL (Center for International Environmental Law) report, the incineration and production of plastic will create more than 850 million metric tons of harmful greenhouse gases in the atmosphere. Thus, increasing concerns about sustainable plastic products is expected to drive the global starch-blended bioplastic market.

Lack of availability of the raw material

The raw materials required for the production of starch-blended bioplastic are wheat, tapioca, sugarcane, corn, and others. These raw materials are widely used in different applications such as food & beverages, healthcare, pharmaceuticals, and others. Furthermore, the production prices of starch is likely to hamper the global starch-blended bioplastic market growth.

Key features of the study:

• This report provides an in-depth analysis of the global Starch-blended bioplastic market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global Starch-blended bioplastic market based on the following parameters-company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study BASF SE, Biome Bioplastic, Cardia Bioplastic, Braskem, Corbion Purac, Novamont S.p.A, NatureWorks LLC, Innovia Films., TORAY INDUSTRIES, INC., and BioBag International AS
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactic.
• The global Starch-blended bioplastic market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global Starch-blended bioplastic market

Detailed Segmentation:

• Global Starch-blended Bioplastic Market, By Type:
  • Starch-blended with PLA
  • Starch-blended with PHA
  • Others
• Global Starch-blended Bioplastic Market, By Application:
  • Packaging & Bags
  • Textile
  • Agriculture
  • Consumer Goods
  • Others
• Global Starch-blended Bioplastic Market, By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles
  • BASF SE*
    • Company Overview
    • Product Portfolio
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Biome Bioplastic
  • Cardia Bioplastic
  • Braskem
  • Corbion Purac
  • Novamont S.p.A
  • NatureWorks LLC
  • Innovia Films.
  • TORAY INDUSTRIES, INC.
  • BioBag International AS.

“*” marked represents similar segmentation in other categories in the respective section.