Market Overview:
The global starch based plastic market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for biodegradable and environmentally friendly plastics from various end-use industries. In addition, the growing awareness about the benefits of using starch based plastics over traditional petroleum-based plastics is also contributing to the growth of this market. Based on type, blow molding accounted for the largest share of the global starch based plastic market in 2017. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. Blow molding is followed by extrusion and injection molding segments respectively. Based on application, textiles accounted for majority share of global starch based plastic market in 2017 and it is projected that it will maintain its dominance throughout forecast period as well with highest CAGR among all other applications considered in this study . Agriculture & Horticulture sector comes second with significant contribution while Food & Beverage sector stands third after Textiles & Agriculture sectors when considering overall consumption volume globally . Electricals& Electronics alongwith others are other major consuming sectors cumulatively accounting more than 50%of total consumption volume by 2030 end .
Product Definition:
Starch-based plastics are biodegradable and compostable plastics made from natural starch materials such as corn, potato, or tapioca. They are often used for food packaging and labeling because they can be composted.
Blow Molding:
Blow molding is a process of creating hollow plastic parts or products by using heat and pressure in a controlled environment. It is one of the most popular methods for making complex shapes, which are difficult to make by other techniques like injection molding and compression molding. The process has high growth potential in the global market as it can be used to produce both large & small quantities of complicated products with different colors & sizes.
Extrusion:
Extrusion is the process of converting solid or semi-solid feedstock into a molten form that can be molded or extruded to create the final product. The most common extrusion processes are filament winding, profile cutting, sheeting and film/tape manufacturing.
Application Insights:
The textile application segment led the global starch based plastic market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for lightweight and durable fabrics used in clothing, footwear, sportswear, etc. is expected to drive product demand over the next few years.
Starch-based plastics are increasingly being utilized in agricultural products such as fertilizer bags & pouches owing to their biodegradable nature and ability to act as a carrier for various chemicals without getting absorbed into soil particles like other polymers do. This factor along with increasing awareness regarding sustainable agriculture practices is anticipated to augment product demand from this sector over the forecast period significantly.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing product demand from various end-use industries, such as textiles, consumer goods, food & beverage and agriculture & horticulture.
The Asia Pacific has been witnessing strong economic growth on account of rapid industrialization coupled with rising disposable income levels among consumers. These factors are anticipated to promote industry expansion over the coming years. In addition, favorable government policies aimed at promoting domestic manufacturing activities are likely to contribute significantly towards industry development in this region.
Growth Factors:
- Increasing demand from packaging industry: The global starch based plastic market is majorly driven by the increasing demand from the packaging industry. This is because of the properties such as high strength, durability, and resistance to moisture that starch based plastics offer over traditional materials such as metals and glass.
- Rising environmental concerns: The growing awareness about the harmful effects of conventional plastics on the environment is driving the demand for sustainable and biodegradable alternatives such as starch based plastics.
- Growing popularity of bio-based products: There is a growing trend towards using bio-based products due to their environmental friendliness and sustainability credentials. Starch based plastics are one of the most popular types of bio-based products available in today’s market.
- Technological advancements: The development of new technologies that can improve the efficiency and performance of starch based plastics is helping to drive its growth in key markets such as automotive and construction industries.. 5) Emerging economies offer potential growth opportunities: A large number of emerging economies present significant potential for future growth in terms of both consumption volume and value due to rising disposable incomes levels among consumers coupled with an increasing preference for sustainable alternatives
Scope Of The Report
Report Attributes
Report Details
Report Title
Starch Based Plastic Market Research Report
By Type
Blow Molding, Extrusion, Injection Molding, Others
By Application
Textiles, Agriculture & Horticulture, Consumer Goods, Food & Beverage, Electrical & Electronics, Others
By Companies
BASF, Toray Industries, Cardia Bioplastic, BioBag International, Biotec International, CPR Corp, National Starch and Chemical, Novamont, Braskem, GreenHome, Corbion, Biome Bioplastics, NatureWorks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Starch Based Plastic Market Report Segments:
The global Starch Based Plastic market is segmented on the basis of:
Types
Blow Molding, Extrusion, Injection Molding, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Textiles, Agriculture & Horticulture, Consumer Goods, Food & Beverage, Electrical & Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Toray Industries
- Cardia Bioplastic
- BioBag International
- Biotec International
- CPR Corp
- National Starch and Chemical
- Novamont
- Braskem
- GreenHome
- Corbion
- Biome Bioplastics
- NatureWorks
Highlights of The Starch Based Plastic Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blow Molding
- Extrusion
- Injection Molding
- Others
- By Application:
- Textiles
- Agriculture & Horticulture
- Consumer Goods
- Food & Beverage
- Electrical & Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Starch Based Plastic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Starch based plastic is a type of plastic that is made from starch and other additives. It is often used to make products such as food packaging, toys, and medical devices.
Some of the major players in the starch based plastic market are BASF, Toray Industries, Cardia Bioplastic, BioBag International, Biotec International, CPR Corp, National Starch and Chemical, Novamont, Braskem, GreenHome, Corbion, Biome Bioplastics, NatureWorks.
The starch based plastic market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Starch Based Plastic Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Starch Based Plastic Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Starch Based Plastic Market - Supply Chain
4.5. Global Starch Based Plastic Market Forecast
4.5.1. Starch Based Plastic Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Starch Based Plastic Market Size (000 Units) and Y-o-Y Growth
4.5.3. Starch Based Plastic Market Absolute $ Opportunity
5. Global Starch Based Plastic Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Starch Based Plastic Market Size and Volume Forecast by Type
5.3.1. Blow Molding
5.3.2. Extrusion
5.3.3. Injection Molding
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Starch Based Plastic Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Starch Based Plastic Market Size and Volume Forecast by Application
6.3.1. Textiles
6.3.2. Agriculture & Horticulture
6.3.3. Consumer Goods
6.3.4. Food & Beverage
6.3.5. Electrical & Electronics
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Starch Based Plastic Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Starch Based Plastic Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Starch Based Plastic Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Starch Based Plastic Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Starch Based Plastic Demand Share Forecast, 2019-2026
9. North America Starch Based Plastic Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Starch Based Plastic Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Starch Based Plastic Market Size and Volume Forecast by Application
9.4.1. Textiles
9.4.2. Agriculture & Horticulture
9.4.3. Consumer Goods
9.4.4. Food & Beverage
9.4.5. Electrical & Electronics
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Starch Based Plastic Market Size and Volume Forecast by Type
9.7.1. Blow Molding
9.7.2. Extrusion
9.7.3. Injection Molding
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Starch Based Plastic Demand Share Forecast, 2019-2026
10. Latin America Starch Based Plastic Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Starch Based Plastic Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Starch Based Plastic Market Size and Volume Forecast by Application
10.4.1. Textiles
10.4.2. Agriculture & Horticulture
10.4.3. Consumer Goods
10.4.4. Food & Beverage
10.4.5. Electrical & Electronics
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Starch Based Plastic Market Size and Volume Forecast by Type
10.7.1. Blow Molding
10.7.2. Extrusion
10.7.3. Injection Molding
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Starch Based Plastic Demand Share Forecast, 2019-2026
11. Europe Starch Based Plastic Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Starch Based Plastic Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Starch Based Plastic Market Size and Volume Forecast by Application
11.4.1. Textiles
11.4.2. Agriculture & Horticulture
11.4.3. Consumer Goods
11.4.4. Food & Beverage
11.4.5. Electrical & Electronics
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Starch Based Plastic Market Size and Volume Forecast by Type
11.7.1. Blow Molding
11.7.2. Extrusion
11.7.3. Injection Molding
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Starch Based Plastic Demand Share, 2019-2026
12. Asia Pacific Starch Based Plastic Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Starch Based Plastic Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Starch Based Plastic Market Size and Volume Forecast by Application
12.4.1. Textiles
12.4.2. Agriculture & Horticulture
12.4.3. Consumer Goods
12.4.4. Food & Beverage
12.4.5. Electrical & Electronics
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Starch Based Plastic Market Size and Volume Forecast by Type
12.7.1. Blow Molding
12.7.2. Extrusion
12.7.3. Injection Molding
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Starch Based Plastic Demand Share, 2019-2026
13. Middle East & Africa Starch Based Plastic Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Starch Based Plastic Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Starch Based Plastic Market Size and Volume Forecast by Application
13.4.1. Textiles
13.4.2. Agriculture & Horticulture
13.4.3. Consumer Goods
13.4.4. Food & Beverage
13.4.5. Electrical & Electronics
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Starch Based Plastic Market Size and Volume Forecast by Type
13.7.1. Blow Molding
13.7.2. Extrusion
13.7.3. Injection Molding
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Starch Based Plastic Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Starch Based Plastic Market: Market Share Analysis
14.2. Starch Based Plastic Distributors and Customers
14.3. Starch Based Plastic Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Toray Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cardia Bioplastic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BioBag International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Biotec International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CPR Corp
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. National Starch and Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Novamont
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Braskem
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GreenHome
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Corbion
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Biome Bioplastics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NatureWorks
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
