Market Insights
Starch-based plastics market projected to witness the CAGR of 15.7% during the forecast period. Starch is the most abundant polysaccharides and cheap homoglycan polymers. Starch in raw form cannot be used as a bio plastic due to its high melting point and brittleness. Starch is plasticized by application of heat, mechanical shear and the addition of plasticizer, commonly glycerine and polyols, etc. in the presence of water, to produce a thermoplastic material known as thermoplastic starch (TPS). For some specific and high-end applications, modi?cation of starch is done by compounding with other bio plastics, to produce a range of materials known as starch-based polymers. Starch-based plastics are often blended with biodegradable polymers such as PLA, PBAT, PBS, PCL, PVOH, PHAs, etc. Natural or synthetic polymers both are used for blending with starch based on the end-use application.
Browse the full report at: https://www.credenceresearch.com/report/starch-based-plastics-market
Wide spread availability at a lower price, growing use of starch-based plastics as an alternative packaging, and stringent environment regulation to use the material with minimal negative impact on environment driving its demand in various end-use industries especially food & beverages and medical. Moreover, fluctuation in oil prices tends to force companies to search for a stable source of raw material, which further creates lucrative opportunities for market growth. Furthermore, starch-based films are also gaining traction in the food, cosmetics, pharmaceuticals, and goods packaging sector propelling the market growth in the coming years. The government initiative, investments, and subsidies in developing economies on the use of biodegradable plastics to mitigate the disposal issues of conventional plastics in sea and landfills expected to catapult the market growth. However, limited production capacity, reliance on petroleum-based bio plastics, and its hydrophilic nature restrict its growth in humid environment applications expected to restrain the market growth during the forecast period.
Based on the type, thermoplastic starch dominated the starch-based plastics market in 2017. Whereas, food & beverages end-use industry led the market in terms of value and volume consumption of starch-based plastics. Europe was the largest regional market in 2017 by value and volume. Majority of the demand comes from economies such as U.K., France, and Germany owing to environmentally conscious consumers and added regulations and incentives that favor bio plastics. North America closely follows Europe region with the significant market share in 2017. Consumer preferences for sustainable materials and the increased adoption of bio plastics by plastic processors and compounders which further stimulating the use of starch-based plastics expected to boost the market growth in the North America region.
Key manufacturers of starch-based plastics operating in the market include Biome Bioplastics, BASF SE, Warner-Lambert, Novamont S.p.A., Biotech, Corbion Purac, Cardia Bioplastic, Toray Industries Inc., Braskem S.A., and Biobag International among others.
Get Sample with more graphs and details for better understanding: https://www.credenceresearch.com/sample-request/59395
ToC:
Chapter 1 Preface 13
1.1 Report Scope and Description 13
1.1.1 Study Purpose 13
1.1.2 Target Audience 13
1.1.3 USP and Key Offerings 13
1.2 Research Scope 14
1.3 Research Methodology 15
1.3.1 Phase I – Secondary Research 15
1.3.2 Phase II – Primary Research 16
1.3.3 Phase III – Expert Panel Review 16
1.3.4 Approach Adopted 16
1.3.5 Top-Down Approach 17
1.3.6 Bottom-Up Approach 17
1.3.7 Assumptions 18
1.4 Market Segmentation 18
Chapter 2 Executive Summary 19
2.1 Market Snapshot: Global Starch-based Plastics Market 20
2.1.1 Global Starch-based Plastics Market, by Type, 2017 (Kilo Ton) (US$ Mn) 22
2.1.2 Global Starch-based Plastics Market, by End-use Industry, 2017 (Kilo Ton) (US$ Mn) 22
2.1.3 Global Starch-based Plastics Market, by Geography, 2017 (Kilo Ton) (US$ Mn) 23
Chapter 3 Market Overview 24
3.1 Introduction 24
3.2 Market Dynamics 25
3.2.1 Market Drivers 25
3.2.1.1 Rising Demand from Asia-Pacific End-use Industries Driving the Overall Starch-Based Plastics Market 25
3.2.1.2 Driver 2 27
3.2.2 Challenges 28
3.2.2.1 Challenge 1 28
3.2.2.2 Challenge 2 29
3.2.3 Opportunities 30
3.2.3.1 Opportunity 1 30
3.2.3.2 Opportunity 2 31
3.3 Attractive Investment Proposition, by Geography, 2017 32
3.4 Competitive Landscape: Market Positioning of Key Players, 2017 33
Chapter 4 Global Starch-based Plastics Market, by Type 34
4.1 Overview 34
4.1.1 Global Starch-based Plastics Market Value Share, by Type, 2017 & 2026 (Value, %) 35
4.1.2 Global Starch-based Plastics Market, by Type, 2016 – 2026 (Kilo Ton) (US$ Mn) 35
4.2 Thermoplastic Starch (TPS) 37
4.2.1 Global Starch-based Plastics Market, by Thermoplastic Starch, 2016 – 2026 (Kilo Ton) (US$ Mn) 37
4.3 Starch-based Polymer Blends (PCL, PLA, PVOH, PBS, PBSA, etc.) 38
4.3.1 Global Starch-based Plastics Market, by Starch-based Polymer Blends, 2016 – 2026 (Kilo Ton) (US$ Mn) 38
Browse the full report at: https://www.credenceresearch.com/report/starch-based-plastics-market
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
“Thermoplastic starch currently represents the most widely used bioplastic, constituting about 50 percent of the bioplastics market[citation needed]. Simple starch bioplastic can be made at home. Pure starch is able to absorb humidity, and is thus a suitable material for the production of drug capsules by the pharmaceutical sector. Flexibiliser and plasticiser such as sorbitol and glycerine can also be added so the starch can also be processed thermo-plastically. The characteristics of the resulting bioplastic (also called “thermo-plastical starch”) can be tailored to specific needs by adjusting the amounts of these additives.Starch-based bioplastics are often blended with biodegradable polyesters to produce starch/polylactic acid,starch/polycaprolactone or starch/Ecoflex(polybutylene adipate-co-terephthalate produced by BASF). blends. These blends are used for industrial applications and are also compostable. Other producers, such as Roquette, have developed other starch/polyolefin blends. These blends are not biodegradable, but have a lower carbon footprint than petroleum-based plastics used for the same applications.
Due to the origin of its raw material, starch is cheap, abundant, and renewable.
Starch based plastics are complex blends of starch with compostable plastics such as Polylactic acid, Polybutylene Adipate Terephthalate, Polybutylene Succinate, Polycaprolactone, and Polyhydroxyalkanoates. These complex blends improve water resistance as well as processing and mechanical properties. Starch-based films (mostly used for packaging purposes) are made mainly from starch blended with thermoplastic polyesters to form biodegradable and compostable products. These films are seen specifically in consumer goods packaging of magazine wrappings and bubble films. In food packaging, these films are seen as bakery or fruit and vegetable bags. Composting bags with this films are used in selective collecting of organic waste. wikipedia”
Media Contact
Company Name: Credence Research, Inc
Contact Person: Chris Smith, Global Sales Manager
Email: Send Email
Phone: +1-800-361-8290
Address:105 N 1st ST #429, SAN JOSE, CA 95103 US
City: SAN JOSE
State: California
Country: United States
Website: https://www.credenceresearch.com/report/starch-based-plastics-market