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Starch Polymer Market Size (2024 - 2029)

The starch polymer market is anticipated to expand during the forecast period, driven by rising demand from the packaging sector and an increasing preference for biodegradable polymers. Despite challenges posed by higher manufacturing costs, the market is set to grow, with the Asia-Pacific region leading in consumption, particularly in countries like China, India, and Japan.

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Market Size of Starch Polymer Industry

Starch Polymer Market - Market Concentration
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in no particular order

Starch Polymer Market Analysis

The market for starch polymer is expected to register a CAGR of 5% globally during the forecast period. Increasing demand from the packaging industry and the growing demand for bio-degradable polymers are driving the market growth. On the flip side, higher manufacturing costs are hindering the growth of the market.

  • The starch polymer market is expected to grow during the forecast period, owing to the increasing demand from the packaging industry.
  • The Asia-Pacific region is expected to dominate the market across the world, with the largest consumption from countries, such as China, India, and Japan.

Starch Polymer Industry Segmentation

The starch polymer market report includes:

Polymer Type
Bio-degradable
Durable
End-user Industry
Packaging
Textile
Agriculture
Medical
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Starch Polymer Market Size Summary

The starch polymer market is poised for significant growth, driven by the increasing demand from the packaging industry and the rising need for biodegradable polymers. Starch-based polymers are particularly valued for their eco-friendly and biodegradable properties, making them ideal for sustainable packaging solutions across various sectors, including medical, cosmetics, food, and electronics. The market's expansion is supported by the natural abundance of starch, derived from staple foods like potatoes, wheat, corn, and rice, which can be combined with synthetic polymers to create durable or biodegradable products. However, the market faces challenges due to higher manufacturing costs, which could impede growth.

The Asia-Pacific region is anticipated to lead the global starch polymer market, with significant consumption expected from countries such as China, India, and Japan. The region's dominance is attributed to the burgeoning demand from the packaging industry, particularly driven by the rapid growth of e-commerce in China and India. Companies like Alibaba are expanding their market presence, necessitating innovative packaging solutions, which in turn fuels the demand for starch polymers. Additionally, supportive government policies and increased internet penetration in India are further propelling market growth. Despite being partially fragmented, the market features key players like Novamont SpA, Rodenburg Biopolymers, and JAPAN CORN STARCH CO. LTD, who hold a marginal share yet contribute to the competitive landscape.

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Starch Polymer Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand from the Packaging Industry

      2. 1.1.2 Growing Demand for Bio-degradable Polymers

    2. 1.2 Restraints

      1. 1.2.1 Higher Manufacturing Costs

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Polymer Type

      1. 2.1.1 Bio-degradable

      2. 2.1.2 Durable

    2. 2.2 End-user Industry

      1. 2.2.1 Packaging

      2. 2.2.2 Textile

      3. 2.2.3 Agriculture

      4. 2.2.4 Medical

      5. 2.2.5 Other End-user Industries

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 Italy

        4. 2.3.3.4 France

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Starch Polymer Market Size FAQs

The Starch Polymer Market is projected to register a CAGR of 5% during the forecast period (2024-2029)

Novamont S.p.A., Rodenburg Biopolymers, JAPAN CORN STARCH CO., LTD. , United Biopolymers, S.A and Plantic are the major companies operating in the Starch Polymer Market.

Starch Polymer Market Report Snapshots

Starch Polymer Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)