Starch Blends Biodegradable Plastic Market ~ to reach USD 3.89 billion by 2029 || registering a CAGR of 11.16%, Size ~ Market Future Growth

Market Analysis and Size

There has been growing concern about plastic pollution and the other negative effects of traditional plastic across the globe. According to a report published by the Center for International Environmental Law (CIEL), the manufacture and incineration of plastic produced over 850 million metric tonnes of greenhouse emissions in 2019. As a result the demand for biodegradable plastic will accelerate across the globe. Therefore, starch mix biodegradable plastic industry is projected to witness an increased demand.

Global Starch Blends Biodegradable Plastic Market was valued at USD 1.67 billion in 2021 and is expected to reach USD 3.89 billion by 2029, registering a CAGR of 11.16% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Market Definition

Starch-blended biodegradable polymers are basically formed by combining starch and synthetic polymers. The second most popular form of biodegradable polymer is starch-based polymers. These polymers are crystalline in nature, extremely simple to make, and can include anywhere from 10% to over 90% starch. Because of its cheaper cost and wider availability, as well as its ecologically benign character, starch-based biodegradable polymers have gained a lot of traction in recent years as a viable alternative to petrochemical-based polymers.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-starch-blends-biodegradable-plastic-market

Some of the major players operating in the starch blends biodegradable plastic market are

Dow (U.S.)
NatureWorks LLC (U.S.)
Braskem (Brazil)
BASF SE (Germany)
TotalEnergies Corbion bv (Netherlands)
Novamont SpA (Italy)
Biome Bioplastics (UK)
PTT Global Chemical Public Company Limited (Thailand)
Mitsubishi Chemical Holding Corporation (Japan)
Biotec (Germany)
Mapei S.p.A (Italy)
SOLVAY (Belgium)
DAIKIN (Japan)
Toray Industries, Inc., (Japan)
KURARAY CO., LTD. (Japan)
Dupont (U.S.)
Plantic (Australia)

Global Starch Blends Biodegradable Plastic Market Scope

The starch blends biodegradable plastic market is segmented on the basis of type, technology and end use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

PLA
Biodegradable Polyesters
PHA
Others

Technology

Blow Molding
Extrusion
Injection Molding
Others

End Use Industry

Packaging and Bags
Consumer Goods
Agriculture and Horticulture
Textile
Others

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This release was published on openPR.