Natural Polymer Market Growth, Trends, Forecast & Demand 2023 - Ashland, Cargill, Incorporated, DowDuPont Inc., Encore Natural Polymers, Novamont S.p.A., Archer Daniels Midland Company, Plantic, Borregaard, Marine Polymer Technologies and CP Kelco

Polymers are macromolecules composed of repeated units of monomers. Natural Polymers are obtained from plants, animals or micro-organisms. Natural Polymers are more advantageous than synthetic polymers as they are economical, non-toxic, and abundantly available in nature. Increase in the demand for non-petroleum based and eco-friendly products is preliminary driving the Global Natural Polymer Market.

However, Natural Polymers significantly lack their synthetic counterparts in terms of cost, availability of raw materials, product inconsistency, and supply uncertainties. Additionally, rising awareness about deforestation and protection of animals are acting as barriers to the growth of the Natural Polymer Industry. Moreover, easy availability of substitute products such as synthetic polymer is also expected to arrest the growth of this market. Furthermore, the Natural Polymer Market is governed by stringent environmental rules and regulations, which is expected to hamper the growth of the market over the forecast period.

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Regional Analysis

The Global Natural Polymer Market is spanned across five regions namely North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Among this, North America is leading the regional landscape and is expected to dominate the Natural Polymer Market over the forecast period. Natural Polymer Market in North America is majorly driven by its application in pharmaceutical and cosmetic & personal care products. Moreover, increasing application in oilfield industry and packaging industry is driving the growth of natural polymer market further. Asia Pacific is the second largest market in the Natural Polymer in terms of market size. Due to rapid industrialization and expanding population, the demand for oil and gas is increasing in Asia Pacific. This has exerted pressure on key market players as well as the new entrants to explore and produce newer reserves in difficult geological conditions sometimes even at great depths. China accounted for the largest market share in the Asia Pacific oilfield services market. Growing construction activities to support growing population mainly in China and India is also expected to drive the Natural Polymer Market. Moreover, food & beverage, packaging, cosmetics & personal care segment is expected to show a significant growth in the demand for Natural Polymers.

Market Segmentation

The Global Calcium Nitrate Market is segmented based on Type, Application, and Region.

On the basis of the Type, the Global Natural Polymer Market is segmented into cellulose ether, starch & fermentation polymers, exudate & vegetable gums, and others (protein-based polymers, marine polymers, pectin, silk, and wool). These product types are further sub-segmented. Cellulose Ether is sub-segmented into methyl cellulose (MC),hydroxyethyl cellulose (HEC),carboxymethyl cellulose (CMC), microcrystalline cellulose (MCC) and others. Starch & Fermentation Polymers are further subsegmented into xanthan gum, starch derivatives, polylactic acid, hyaluronic Acid and others.Exudate & Vegetable Gums is further sub-segmented into guar gum,gum Arabic and other

On the basis of the Application, the Global Natural Polymer Market can be segmented into pharmaceutical, oilfield, food & beverages, cosmetic & personal care products, construction, packaging, textiles, and others.

On the basis of the Regions, the Global Natural Polymer Market is segmented into Asia Pacific, North America, Europe, the Middle East & Africa, and Latin America.

Key Players

Some of the prominent players operating in Global Natural Polymer Market are Ashland, Cargill, Incorporated, DowDuPont Inc., Economy Polymers & Chemicals, Encore Natural Polymers, Novamont S.p.A., Archer Daniels Midland Company, Plantic, Borregaard, Marine Polymer Technologies, Inc., and CP Kelco.

Intended Audience

Natural polymer manufacturers

Traders and distributors of natural polymers

Research and development institutes

Potential investors

Raw material suppliers

Nationalized laboratory

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