Growth in the US natural polymers market will total 3.2 percent annually through 2020 in value terms. Gains will be fueled by demand for natural ingredients in the large food and beverage segment. Guar gum will see a substantial slowdown due to the downturn in the hydraulic fracturing industry.
This report segments the natural polymers market by product type and market. Data is provided in million pounds and million dollars.
Natural polymers product types include:
Exudate & Vegetable Gums
Starch & Fermentation Products
Of these types, cellulose ethers will remain the largest product type in the natural polymers market. Starch and fermentation products will be the fastest growing product through 2020, driven by growing demand for polylactic acid (PLA) in bioplastic resins.
Major markets for natural polymers include:
Food & Beverage
Cosmetics & Toiletries
Coatings & Inks
Food & Beverage was the leading outlet in 2015. Packaging will show the most rapid growth in demand through 2020, driven by demand from the film and foodservices segment, further supported by the rising popularity of PLA.
The US natural polymers industry ranges from smaller, privately held firms to divisions of large, multinational conglomerates. The industry has seen a number of notable acquisitions and divestitures in recent years. Leading suppliers are Ashland, Dow Chemical, DuPont (Danisco), FMC, JM Huber (CP Kelco), Kraton Performance Polymers, NatureWorks, Solvay, and TIC Gums.