Press release
Starch-Based Bioplastics Packaging Market Share 2021: Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2027 | Biome Bioplastics, BASF, Corbion Purac, Cardia Bioplastic, Braskem, Novamont
During the projected period of 2021-2027, the "Starch-Based Bioplastics Packaging Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Starch-Based Bioplastics Packaging market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.In accordance with the Starch-Based Bioplastics Packaging market is set to grow at a CAGR of 5.9% over the forecast period (2021-2027).
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Market Overview:
Starch-based plastic is being produced on a laboratory scale using glycerol on aluminium foil. This thermoplastic starch is known as bio-plastic starch. Thermoplastic starch currently represents the most widely used bioplastic, constituting the majority of the bioplastic market. Starch-based bioplastics are often blended with biodegradable polyesters to produce starch/polylactic acid and starch/polycaprolactone, which are used for industrial applications such as in food packaging. Moreover, starch is widely utilized in the food industry owing to its availability in abundance from renewable resources coupled with low cost, and inherent biodegradability. Bioplastics available in the market are usually manufactured from starch. Moreover, starch-based bioplastic is often manufactured from modified starches, which are blended with natural and synthetic molecules.
Top Key players operating in the global Starch-Based Bioplastics Packaging market are:
Biome Bioplastics, BASF, Corbion Purac, Cardia Bioplastic, Braskem, Novamont, Innovia Films, Natureworks, Toray Industries, Biobag International, Metabolix
Recent Development:
BASF has acquired 25 companies, including 6 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 23 assets. BASF’s largest acquisition to date was in 2006 when it acquired Engelhard for $4.9B. Its largest disclosed sale occurred in 2000 when it sold Knoll Pharmaceutical to Abbott Laboratories for $6.9B. BASF has acquired in 8 different US states, and 9 countries. The Company’s most targeted sectors include chemicals (64%) and life science (11%).
Braskem S.A. has acquired 1 company. It has also divested 1 asset. Braskem S.A.’s largest acquisition to date was in 2013 when it acquired Solvay Indupa unit - Solvay for $290M. Its largest disclosed sale occurred in 2017 when it sold quantic Distribuidora to GTM Holdings S.A. for $152M. The Company’s most targeted sectors include chemicals (100%).
Major Starch-Based Bioplastics Packaging Market Types covered are:
Rigid Packaging
Flexible Packaging
Major Starch-Based Bioplastics Packaging Market Applications covered are:
Home Care
Health Care
Personal Care
Food & Beverage
Automotive
Others
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Regional Analysis of Global Starch-Based Bioplastics Packaging market:
The Starch-Based Bioplastics Packaging Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Table of Contents: Starch-Based Bioplastics Packaging Market
- Chapter 1: outline of Starch-Based Bioplastics Packaging marketplace
- Chapter 2: worldwide market reputation and forecast through areas
- Chapter 3: worldwide marketplace popularity and forecast by using types
- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: marketplace riding issue evaluation
- Chapter 6: market opposition reputation by major producers
- Chapter 7: essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: advertising reputation research
- Chapter 11: marketplace file end
- Chapter 12: research technique and Reference
Impact of COVID-19 on the Starch-Based Bioplastics Packaging Market:
The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.
Customization Available: Global Starch-Based Bioplastics Packaging Market
The Global Starch-Based Bioplastics Packaging Market report may be modified to meet your specific business needs. because we recognize what our customers want, we provide 25% customization for any of our MID reports at no extra value to all of our customers.
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