Global Starch Blended Biodegradable Polymers Market Report and Forecast 2024-2032

Global Starch Blended Biodegradable Polymers Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global starch blended biodegradable polymers market attained a volume of 542.34 thousand tons in 2023. Aided by the escalating concerns over plastic pollution and a conscientious shift towards sustainable alternatives, the market is poised for a steady rise, the market is projected to further grow at a CAGR of 12% between 2024 and 2032 to reach a volume of 1,535.02 thousand tons by 2032.

Starch blended biodegradable polymers, commonly synthesised by integrating starch and lower amounts of synthetic polymers, have emerged as a crucial player in the global shift towards sustainable plastic alternatives. Recognised for their biodegradable nature, these polymers present a promising solution to the overwhelming environmental challenges posed by conventional plastics, especially in single-use applications.

The global urgency to mitigate plastic pollution is undeniably one of the primary drivers propelling the starch blended biodegradable polymers market growth. As landfills overflow with non-biodegradable plastic waste, impacting both terrestrial and marine ecosystems, the demand for environmentally friendly alternatives is surging. Governments, industries, and consumers are progressively acknowledging the detrimental ecological impacts of synthetic plastics, placing starch blended biodegradable polymers at the forefront of sustainable solutions.

Furthermore, the versatility of these biopolymers accentuates their demand across various sectors. Their applications span from packaging, agriculture, medicine to even electronics. In the packaging industry, for instance, their biodegradable nature makes them apt for producing carry bags, mulch films, and food packaging, reducing the carbon footprint significantly.

Influencing the starch blended biodegradable polymers market outlook is the burgeoning health and wellness movement. As consumers become more health-conscious, there's a growing aversion towards synthetic polymers, especially in food packaging, due to potential toxin leaching. Starch blended biodegradable polymers, being predominantly organic, address this concern, thus gaining consumer preference.

On the industrial frontier, the advantages of these polymers go beyond just their biodegradability. Their properties, such as film-forming and binding, are being harnessed in various sectors. In agriculture, they're used to produce controlled-release fertilisers and pesticides. Simultaneously, in the medical sector, their biocompatibility and non-toxic nature are being utilised for drug delivery systems and surgical sutures.

The rise in governmental regulations and bans on single-use plastics across many countries are bolstering the starch blended biodegradable polymers market demand. As more governments enforce stringent rules on plastic usage, manufacturers are prompted to explore and adopt starch blended biodegradable polymers as an eco-friendly alternative. Incentives, subsidies, and tax benefits offered for the production and adoption of these biopolymers further bolster the market's ascent.

Market Segmentation

The market can be divided based on polymers type, end use, and region.

Market Breakup by Polymers Type

• Biodegradable Starch
• Durable Starch

Market Breakup by End Use

• Flexible Packaging
• Agriculture and Horticulture
• Rigid Packaging
• Consumer Goods
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global starch blended biodegradable polymers market. Some of the major players explored in the report by Expert Market Research are as follows:

• Novamont S.p.A.
• Rodenburg BioPolymers
• Guangzhou Zeesan Biotechnology Co. Ltd.
• BASF SE
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
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